What are special purpose books?
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The special purpose books are the type of books in which similar or same nature transactions get recorded.
Explanation:
The special purpose books are subsidiary books in which similar nature transactions get recorded. These books include original entries and for these entries, journal entries are not passed.
These books are easy to maintain as there is convenient and easy posting of entries. It prevents the chances of frauds and errors while recording a transaction. In these books, one can get detailed information about the posted entries.
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