Which of the following accounts would you typically find in the purchase ledger?

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In the purchase ledger, you would typically find accounts related to suppliers. This ledger is specifically used to keep track of all the transactions made with suppliers, including details of purchase orders, payments, and outstanding amounts owed. The primary function of the purchase ledger is to manage accounts payable, which includes recording purchases made on credit and ensuring that payments to suppliers are processed correctly.

Other options refer to different types of accounts that do not belong in the purchase ledger. For example, accounts for cash sales pertain to sales transactions and would be recorded in the sales ledger. Accounts for equity investors relate to ownership interests in the company and are recorded in the equity section of financial statements, not in the purchase ledger. Meanwhile, accounts for fixed assets involve long-term tangible assets owned by the business and are recorded in a separate asset ledger. Since the purchase ledger specifically records details related to supplier transactions, accounts for suppliers is indeed the correct choice.

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