Question

Answer in One Word/Sentence:
03
1. Records on the basis of vouchers are recorded in which books?
2. Left hand side of an account is known as?
3. What is the transaction called which is used to record transaction left from recording at the end of the year?
4. What is the statement called in which balances of accounts are shown?
5. How
many methods are there for preparing Trial Balance?​

Answer 1

Explanation:

Subsidiary Books are the sub divisions of a Journal. These books are meant for recording the transactions of a similar nature in a separate book. When there are many transactions, the Journal is sub-divided into subsidiary books to record such voluminous transactions and events in one single book. These books are also termed as 'Special Purpose Books or Special Journals or Book of Original/Primary/Prime entry'.

For example, All the cash transactions can be recorded in one book, i.e. Cash Book . Thus, Cash Book, Sales Book, Purchases Book etc. are the examples of Subsidiary Books.

Answer 2

Answer:

but which lesson it belongs to