Home : Terms : Article : Calculators Advertising : Contact us
Home > Terms > Accounting > Purchases Account

Term: Accounting -> Purchases account
Term:

Purchases account

Definition:

An account in which all inventory purchases are recorded; used with the periodic inventory method.

Related terms:

Perpetual inventory method

Personal Financial Planning

Useful articles:
»Earn the Right to Do Business With People
»Clean up your sales & marketing database
»How to Give a Walk and Talk Speech
»Six Essential Elements of Successful Sales Letters


Loan amortization
Amortization
Group Work


Browse by categories
Accounting
Advertising
Banking
Bankruptcy
E-Commerce
Economics
Finance
Law
Investment
Insurance
Marketing
Real estate
Statistic
Trade
Purchasing


ABCDEFGHIJKLMNOPQRSTUVWXYZ

Featured Articles:
Marketing
Language is the basis for all sales. How a salesperson communicates will decide whether he or she closes the deal and gets the business.

Whether it’s for phone sales or in-perso... [ more... ]

Motivation
Am I the only one who is doing new stuff ALL THE TIME? I truly like change and new stuff - just  b e c a u s e  it's new--but REALLY! 

I find myself saying to customers... [ more... ]

Marketing
Prospects/customers want several things from their suppliers. Fair price, quality products and services, and timely service (not in order of their preference). Surveys of consumers say that most co... [ more... ]
  Disclaimer | Privacy | Terms of useCopyright © 2004-2005 E-terms.com