Purchases

Purchases are inventory, things bought to sell to customers.

If a shoe store buys shoes for the store the shoes are purchases because they will be sold to customers. If a show store buys cleaning fluids or office furniture, those are not purchases because they will not be sold to customers. This is confusing because many items are bought with a purchase order. However purchases with an “s” on the end means only those things bought to sell to customers.

https://accounting.uworld.com/cpa-review/lc/accounting-dictionary/term/purchases/