subsidiary journal used to record all items purchased on credit for the supplier.
Search
Type: Glossary
subsidiary ledger in which the business records the details of the account of each creditor....
Type: Glossary
schedule drawn up to determine expected amounts due to creditors for goods bought on credit....
Type: Glossary
to cross-check rows of figures by adding in the other direction (vertical and horizontal rows)...
Type: Glossary
an asset the business owns over a short term such as trading stock, debtors and cash.
Type: Glossary
person who receives or consumes goods or services and can choose which goods and services to buy...
Type: Glossary
entry in the left-hand side of an accounting record using the double entry principle. A debit...
Type: Glossary
note issued to creditors when items are returned or allowance is granted.