Accountancy, asked by vinayraj9825, 1 year ago

Why has journal been sub-divided ?

Answers

Answered by neha7755
1
This means all business transactions are to be first recorded in the journal. However in a big business, recording of all transactions in one journal will not only be inconvenient but also cause delay in collecting information required. The journal is, therefore, sub-divided into many subsidiary books.
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