Purchases Journal

Purchase Day Book
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.
Purchases Journal
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.
Purchases Returns
Purchases returns are goods purchased from a supplier that are returned due to being faulty, incorrect, or not meeting specifications.

Accounting Terms Lexicon

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