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Categories >> Accounting >> Accounting AllOther
 
 


 

 
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 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4375)
Question
what is subsidiary book?
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
cash,
purchase book,
purchaes returns book,
sales book,
sales returns book,
bills receivable book,
bills payble book,
journel proper.
 
Is This Answer Correct ?    74 Yes 8 No
Naheem
 
Answer
# 2
Subsidiary books are the following-
sales book,sales returns book,purchase book, purchase
returns book, cash book, journal, journal proper etc...
 
Is This Answer Correct ?    75 Yes 13 No
Sk Arun Kumar
 
 
 
Answer
# 3
subsidiary book are the sub division of journal where the
business transactions are first time recorded
 
Is This Answer Correct ?    49 Yes 8 No
Rajesh
 
Answer
# 4
subsidiary books, it is nothing but a ledger, which can be
maintained by big organization concerns, subsidiary books
includes that cash book, purchase book,
Pí return book, sales books, return book, b/r book, b/p
book and proper journal.
 
Is This Answer Correct ?    34 Yes 9 No
K. Srinivasa Rao
 
Answer
# 5
subdidiary book is book of leder and journal, it is a book
of original and primery book. for exp - when a transaction
made we can post here by writing a narretion. so it is a
unque book of original or primary book. There is no need
for maintaing in a separate leder for this.

The subsidiary books are - Cash book, puchase book, puchase
return book, sales book, sales return book, bills
reveivable book, bills payable book, journal proper
 
Is This Answer Correct ?    22 Yes 4 No
Rajesh Kumar Prusty
 
Answer
# 6
subsidiary book can be define as a first transaction before
any entry can be made in the ledgers or as the books of
prime entry or original.
 
Is This Answer Correct ?    18 Yes 4 No
Tobi Odubayo
 
Answer
# 7
subsidiary book is that book where only credit and business
related transactions were posted
 
Is This Answer Correct ?    19 Yes 13 No
Khagrajsharma
 
Answer
# 8
subsidiary book is a book in which we can record day-to-day transaction in a book and we can easily find out where we have recorded all transaction 
Is This Answer Correct ?    6 Yes 1 No
Mohd.rais
 
Answer
# 9
In the past, traders use to keep record of the transaction
in the journal. But it was Later found not convenient. If
all the transaction are recorded in the journal then the
journal book becomes more thick and difficult to handle it.
In big business houses, it becomes impossible to carry on
the work of recording business transaction. therefore now a
days large scale business firms like to keep record of
transaction in subsidiary books instead of journal.
Subsidiary books are the book of original entry and it is
also called primary records because the first entry of
transaction is made in subsidiary books. On the basis of
subsidiary books postings are made into concerned account
afterwards.
Following types of books are used under subsidiary books.
1. Purchase book
2. Sales book
3. Cash book
4. Purchase return book
5. Sales return book
6. Bills received book
 
Is This Answer Correct ?    4 Yes 0 No
Tshering Lhamo
 
Answer
# 10
WHERE THERE ARE MANY TRANSACTION; THE JOURNAL IS NOT
ADEQUATE AS THE ONLY BOOK OF ORIGINAL ENTRY. THE VARIOUS
BOOKS THAT THE JOURNAL IS SUBDIVISES INTO ARE CALLED
SUBSIDIARY BOOK.
 
Is This Answer Correct ?    11 Yes 8 No
Shiv Kumar Tiwari
 

 
 
 
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expand N A V   4
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Short Answer on _________Accounting   1
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