C2 - section 4 - Purchase day book.

Question 1

Purchase day book definition

Answer 1

The purchase day book is a record of all the purchase invoices for a given period.

Question 2

What type of transaction do PDB’s record?

Answer 2

purchases made on credit.

Question 3

what details may be found in a simple PDB?

Answer 3

Supplier name
Total owed
VAT
Net

Question 4

What details may be found in a comprehensive PDB?

Answer 4

• Date
• Supplier name
• Reference
• Invoice number
• Total
• VAT
• product 1, 2, 3 and so on.