Phrase: how much you owe each of your vendors

[Miron]

Business English Lesson, Advanced Level

ESL/EFL Test #107 "Accounting terms", question 9

An accounts payable ......... shows how much you owe each of your vendors.

(a) lecture
(b) leeway
(c) ledger
(d) manual

Business English Lesson, Advanced Level

ESL/EFL Test #107 "Accounting terms", answer 9

An accounts payable ledger shows how much you owe each of your vendors.

Correct answer: (c) ledger
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meaning of owe is to pay?

Miron

[Mister Micawber]

No. Liable to pay.
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Native English teacher at Mister Micawber's