A(n).consists of individual accounts for all creditors.a. accounts receivable ledgerO b. purchase journalO c. accounts payable ledgerO d. sales journal

Creditor: It can be defined as the party that lends the money to the business or any individual.

Answered: A(n). consists of individual accounts…

A(n). consists of individual accounts for all creditors. O a. accounts receivable ledger O b. purchase journal O c. accounts payable ledger O d. sales journal

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter9: Sales And Purchases

Section: Chapter Questions

Problem 6QY

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Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.

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A(n).
consists of individual accounts for all creditors.
a. accounts receivable ledger
O b. purchase journal
O c. accounts payable ledger
O d. sales journal

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