Suppliers personal a/c are seen in the
Last updated Jun 23, 2026
Correct Answer:
Option C —
Purchases Ledger
Understanding Ledger CategorizationIn accounting, ledgers are organized based on the type of accounts they contain to make record-keeping more efficient.
Purchases Ledger: This contains the individual personal accounts of all suppliers (creditors) from whom the business buys goods or services on credit. It tracks how much is owed to each specific vendor.
Sales Ledger: This is the opposite of the purchases ledger; it contains the individual personal accounts of customers (debtors) who buy from the business on credit.
Nominal Ledger: This contains "impersonal" accounts, specifically Income, Expenses, Assets, and Liabilities (e.g., Rent A/c, Salary A/c, Machinery A/c).
General Ledger: This is the master ledger that contains all accounts, or in a modular system, it contains the "Control Accounts" which summarize the totals from the Sales and Purchases ledgers.
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