Explanation of Purchases Day Book

Explanation of Purchases Day Book is ,purchase daybook is a book of original entry maintained to the record credit purchases. All the purchases are totalled at the end of the month. The Purchase daybook is written up daily from all invoices received this is the Explanation of Purchases Day Book.

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