Trade creditors personal accounts are found in the

Trade creditors personal accounts are found in the

Answer Details

Trade creditors personal accounts are found in the purchases ledger. The purchases ledger is a subsidiary ledger that contains the personal accounts of all the suppliers from whom the business buys goods or services on credit. Each supplier's account will record all the credit purchases made from them, the payments made to them, and any balance owing. Therefore, the trade creditors' personal accounts are maintained in the purchases ledger to track the company's credit purchases and outstanding payments to suppliers.