purchases account
noun [ C ]
ACCOUNTING ukusan account in the purchase ledger where money spent on goods and services in a particular period is recorded on the debit side:
New inventory purchases are recorded in the purchases account.
| 单词 | purchases account |
| 释义 | purchases account noun [ C ] ACCOUNTING ukusan account in the purchase ledger where money spent on goods and services in a particular period is recorded on the debit side: New inventory purchases are recorded in the purchases account. |
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