 Hello, in this lecture we will define accounts payable ledger. According to fundamental accounting principles, while 22nd edition, the definition of accounts payable ledger is subsidiary ledger listing individual creditor supplier accounts. So the accounts payable ledger can be thought of as a backup to the amount that would be on the balance sheet or the trial balance in the accounts payable account that account representing what is owed to third party vendors. So a common question from the boss might be how much money do we owe to our vendors? We could then look at the accounts payable and say this is how much we owe. The next question usually will be who do we owe and when do we need to pay him and who do we need to pay first in order to do that we cannot go to the normal source to where we go to to back up the information which is the general ledger it'll be an order by date we need it in order by vendor so that's what we're going to do here for example if we had our trial balance amount here and our boss asked how much money do we owe our vendors we can look here on the balance sheet or the trial balance and say we owe 1640 if the question then is well who do we owe when are they do how when do we have to pay this who should we pay first if we go to the normal place that we go to for the backup the data in terms of any of the accounts the general ledger it gives us detail but not the detail we're looking for it gives us the detail this is the order of the transactions the date order of the transactions telling us the story behind this 1640 but not in the way that we want we want to see it by uh by vendor in this case who do we owe the people that we actually owe so we might owe like office depot we might owe and food we might owe al's auto and that would then add up to the total this then we can then decide okay who do we owe when who we're going to pay how who are we actually going to write the check to we need to see this same information the same 1640 by vendor that's what the subsidiary ledger will do