Question

what are susidiary book?
what is there place in modern Book keeping |​

Answer 1

Answer:

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. ... So for the easy and accurate recording of all the transactions, the journal is subdivided into many subsidiary books.

Purchase Book- It is a book which records all the credit purchases of goods of the company. Purchase Return Book- It is a book which records all the return of credit purchases of goods of the company. Sales Book- It is a book which records all the credit sales of goods of the company.