The purchase ledger records transactions with individual suppliers of goods and services. Are the transactions listed below debits or credits in each individual supplier's purchase ledger account?
A) Credit notes = Debit
B) Purchase invoices = Credit
C) Discounts received = Debit
D) Cash refunds = Credit

Question

The purchase ledger records transactions with individual suppliers of goods and services. Are the transactions listed below debits or credits in each individual supplier's purchase ledger account?

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The Answer of The purchase ledger records transactions with individual suppliers of goods and services. Are the transactions listed below debits or credits in each individual supplier's purchase ledger account?

The Purchase Ledger Records Transactions with Individual Suppliers of Goods