What are Subsidiary Books?
Answers were Sorted based on User's Feedback
Answer / rinji sherpa
subsidiary books are the the various books of original entry
maintained under the modern system of accounting for
recording first the various business transactions,as and
when they take place.
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / suhas argade
1) Cash Book : To record all transactions in cash or by
cheques. Cash Book may be also of two columns.
2) Petty Cash Book: To record all cash transactions of
peety expenses.
3) Purchase Day Book: To record all transactions of goods
purchased on credit.
4) Sales Day Book : To record all transactions of credit
sales of goods.
5) Purchase Return Book: To record all transactions
relating to return of goods to suppliers.
6) Sales return Book: To record all transactions relating
to return of goods by the customers.
7) Bill Receivable Book: To record all transactions
relating to Bill Receivables.
8)Bill Payable Book: All transactions relaating to
acceptande of bills are recorded in this book.
9) Journal Proper: In Journal proper are recorded all
transactions other than those recorded above. In regard to
entering the transation in thge above books. it necessary
to note the following
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / taha kazi
Subsidiary Books are nothing but sub-division of journal.Sub-divided books on the basis of nature of transaction like sales,purchases,small cash expenses,etc. are called subsidiary books.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / gotore elias
these are books of original entry.they are the second step
of recording transactions after the source documents.these
include purchases day book,sales day book,cashbook,general
journal,purchases returns journal and sales returns journal
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / umesh
In very simple sence, Due to no of transactions we cant
keep all the entries in the Journal. so it has been
sudevided in various journals these subjournals are
called "Subsidiary Books"
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / hanief abdullah
subsidiary books are nothing but credit aspects of credit transactions which includes all the details of transactions such as credit sales, credit purchases,bills recievable and payable and the main concept in this only trade debtors and creditors will include not sundry creditors and debtors in this ledger.... so it can be includes some other books like SDB, SRB etc......
| Is This Answer Correct ? | 1 Yes | 2 No |
Answer / usman
subsidiary books are books of original entry which are
recorded in chronological order.
| Is This Answer Correct ? | 26 Yes | 31 No |
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