what are special purpose books in accounts
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Special purpose subsidiary books are those books in which the transactions of similar nature are recorded.For a large business organization it is not possible to journalize each transaction,thus,journal is sub divided into subsidiary books in which transactions of similar nature are recorded.
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Special purpose subsidiary books are those books in which the transactions of similar nature are recorded.For a large business organization it is not possible to journalize each transaction,thus,journal is sub divided into subsidiary books in which transactions of similar nature are recorded.
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