Question

what do you understand by subsidairy

Answer 1

⛦Hᴇʀᴇ Is Yoᴜʀ Aɴsᴡᴇʀ⚑
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Subsidairy➙ A business that is wholly or partially owned by another business.

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❖ In the music & book publishing industries, subsidiaries are referred to as imprints.

❖ It is owned or controlled by another company which is called the parent company, parent, or holding company.

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Answer 2

Answer:

Subsidiary Books are the books that record the transactions which are similar in nature in an orderly manner. ... So for the easy and accurate recording of all the transactions, the journal is subdivided into many subsidiary books. For every type of transaction, there is a separate book.