Accounting for IGCSE & O level - Accounting Procedures (Section 1 - No. 15)
What is the impact on the purchases ledger when a company pays a supplier?
The balance in the supplier's account increases.
The balance in the purchases ledger decreases.
The balance in the supplier’s account decreases.
The balance in the purchases ledger increases.
Explanation
Paying the supplier decreases the balance.
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