Defination of Purchases Day Book

Purchases book or purchases day book is a book of original entry maintained to record credit purchases. You must note that cash purchases will not be entered in purchases day book because entries in respect of cash purchases must have been entered in the cash book. At the end of each month, the purchases book is totaled.

Purchases Day Book

Purchase Day Book: Learning Objectives: Define and explain purchases day book. What are the ruling and posting of the purchases book? Prepare a purchases day book or Sales day book. Definition and Explanation: Purchases book or purchases day book is a book of original