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hello and welcome to my Ellison I am your guru and in this accounting series part 2 video I'll teach you how to prepare an Accounts Payable ledger in the previous video we had learned how to create a petty cash register now in this one we will learn how to create an Accounts Payable ledger now accounts payable ledger is a statement containing the list of all the vendors and their invoices and the amount due to those vendors and the details of the payments we have done to them alright so this will tell you as of today total amount that your company owes to all the vendors and the amount it owes to a specific vendor per invoice alright now if this in what if this vendor has given one invoice for twenty five thousand dollars then the amount balance for this vendor for this inverse is twenty four thousand dollars because we have paid five hundred dollars here and five hundred dollars here so this is a ledger Varian you can have part payments also for vendors and in case this vendor sends a

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