Accountancy, asked by irti21, 1 year ago

conclusion on subsidiary books

Answers

Answered by ankitsharma26
12
So some companies choose to prepare subsidiary books, in which we record transactions of a similar nature in a chronological order.
Answered by mohsinalam
12
Subsidiary books are books of original entry. In the normal course of business, a majority of transactions either relate to sales, purchases or cash. So we record transactions of the same or similar nature in one place, i.e. the subsidiary book. And we record these transactions in a chronological order.

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