what is subsidiary book?
Answers were Sorted based on User's Feedback
Answer / naheem
cash,
purchase book,
purchaes returns book,
sales book,
sales returns book,
bills receivable book,
bills payble book,
journel proper.
Is This Answer Correct ? | 76 Yes | 8 No |
Answer / sk arun kumar
Subsidiary books are the following-
sales book,sales returns book,purchase book, purchase
returns book, cash book, journal, journal proper etc...
Is This Answer Correct ? | 77 Yes | 13 No |
Answer / rajesh
subsidiary book are the sub division of journal where the
business transactions are first time recorded
Is This Answer Correct ? | 50 Yes | 8 No |
subsidiary books, it is nothing but a ledger, which can be
maintained by big organization concerns, subsidiary books
includes that cash book, purchase book,
P’ return book, sales books, return book, b/r book, b/p
book and proper journal.
Is This Answer Correct ? | 34 Yes | 9 No |
Answer / rajesh kumar prusty
subdidiary book is book of leder and journal, it is a book
of original and primery book. for exp - when a transaction
made we can post here by writing a narretion. so it is a
unque book of original or primary book. There is no need
for maintaing in a separate leder for this.
The subsidiary books are - Cash book, puchase book, puchase
return book, sales book, sales return book, bills
reveivable book, bills payable book, journal proper
Is This Answer Correct ? | 22 Yes | 4 No |
Answer / tobi odubayo
subsidiary book can be define as a first transaction before
any entry can be made in the ledgers or as the books of
prime entry or original.
Is This Answer Correct ? | 18 Yes | 4 No |
Answer / khagrajsharma
subsidiary book is that book where only credit and business
related transactions were posted
Is This Answer Correct ? | 19 Yes | 13 No |
Answer / mohd.rais
subsidiary book is a book in which we can record day-to-day transaction in a book and we can easily find out where we have recorded all transaction
Is This Answer Correct ? | 6 Yes | 1 No |
Answer / happy
subsidiary book is the book of original or prime entry.
Is This Answer Correct ? | 5 Yes | 0 No |
Answer / tshering lhamo
In the past, traders use to keep record of the transaction
in the journal. But it was Later found not convenient. If
all the transaction are recorded in the journal then the
journal book becomes more thick and difficult to handle it.
In big business houses, it becomes impossible to carry on
the work of recording business transaction. therefore now a
days large scale business firms like to keep record of
transaction in subsidiary books instead of journal.
Subsidiary books are the book of original entry and it is
also called primary records because the first entry of
transaction is made in subsidiary books. On the basis of
subsidiary books postings are made into concerned account
afterwards.
Following types of books are used under subsidiary books.
1. Purchase book
2. Sales book
3. Cash book
4. Purchase return book
5. Sales return book
6. Bills received book
Is This Answer Correct ? | 5 Yes | 0 No |
what is the difference between share and debenture
differnce between the 4.7 & 6.0 versions?
if jj form not cancelled within 1hour,wat to do
agar humne c-form ke against sales ki hai . After 6-month party hamhe goods retun karti hai sath hi wo hamshe sales return amount ka c-form magti hai to kya hum c-form issue kar sakhte hai ya nahi.please give me correct suggestion.
how to prepare the balance sheet of private ltd. company & what roll should be play by Income tax, compnay law & accounting standard in India & world.
What is Profir/Earning Before Tax and Profit after tax any one explaint this Clearly.
someone wants to transfer money from their accont to mine that was lift to them by their father who is now dead
Realisation account vs revaluation account
Short Answer on ___________fluctuating capital
how to do journal???
Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance
What is 'TREASURY STOCK / TREASURY SHARES'?