Question

List and explain the various types of subsidiary books of Accounts on the basis of

transaction.
ko
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Answer 1

Explanation:

1. Cash Book: records cash transactions.
2. Purchase day book: records day to day purchases.
3. Sales day book: records info related to sales return day book: records returns outwards ( goods that have been returned to the supplier).
4. Sales return day book: records returns inward (goods returned from the customers)
5. Journal proper: Records items which .do not belong in any of the above day books.