explain subsidiary book?
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Explanation:
Subsidiary Books are books of Original Entry. They are also known as Day Book or special journals. We record transactions of similar nature are in Subsidiary Books. They are helpful in overcoming the limitations of journal book or journal entries.
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Explanation:
=>Subsidiary Books are the books that record the transactions which are similar in nature in an orderly manner.
- They are also known as special journals or Daybooks. In big organizations, it is not easy to record all the transactions in one journal and post them into various accounts.
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