What are Subsidiary Books?
Answer Posted / mohd. afroz pasha
Subsidiary books are divided into 8 types
1.purchases book
2.sales book
3.purchase returns book
4.sales returns book
5.cash book
6.Bills receivable book
7.BillS payable book
8.Journal book
subsidiary books can be useful for the purpose of post the
transactions into various books based upon the transaction
given.
| Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
What do we call an account in which trading of shares in their electronic form is done?
Explain liquid ratio/ acid ratio/ quick ratio.
What Is Audit Process?
What are the various clauses of term loan agreement?
Define the role of IT Officer in Banking sector?
What is debt to GDP ratio of a country?
What might cause recession?
What's Merchant Banking?
What are the Non Performing assets of a company
Explain differential cost.
What is 'tier 1 capital'?
Explain liquidity group ratios.
Write Different Kinds of Debentures According to Recording Point of View?
One of the measures taken by RBI, open market operations in order to control credit expansion in the economy means?
How can rural employment be increased?