Sales and purchases ledger are used in a business to keep records of?

Sales and purchases ledger are used to keep records of accounts of individual customers and suppliers. In other words, they are used to keep track of all the sales made by a business to its customers and all the purchases made by the business from its suppliers. The sales ledger keeps record of all the sales transactions, including the amount of money received from customers. On the other hand, the purchases ledger keeps record of all the purchases made by the business, including the amount of money paid to suppliers. By keeping records of these transactions in a systematic way, a business can easily keep track of its financial dealings with its customers and suppliers, which can help in making informed business decisions.