what do you mean by waste book
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A waste book was one of the books traditionally used in bookkeeping. It comprised a daily diary of all transactions in chronological order.[1] It differs from a daybook in that only a single waste book is kept, rather than a separate daybook for each of several categories. The waste book was intended for temporary use only; the information needed to be transcribed into a journal in order to begin to balance one's accounts.The name of the book derives from the fact that, once its information was transferred to the journal, the waste book was unneeded.
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The waste book is one of the books traditionally used in bookkeeping. Please mark me as brainliest
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