A specialized book of prime entry recording specific transactions, serving as a foundation for accurate bookkeeping and financial reporting.
An original entry error is a mistake made in a book of prime entry such as a purchase incorrectly entered in the purchase day book, which is not revealed by a trial balance.
The Purchase Day Book, also known as Bought Day Book in the US, is a financial ledger in accounting where all purchase and expense transactions made on credit are recorded before being posted to the individual supplier accounts in the General Ledger.
The purchase day book, also known as the bought day book or purchases journal, is the book of prime entry where invoice amounts for purchases are recorded.
A purchases journal, also known as a purchase day book, is a specialized accounting record used to track all credit purchases of merchandise for a business.
