what is subsidiary book?
- 23 Answers
- 50578 Views
- IBM, ICICI, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / naheem
cash,
purchase book,
purchaes returns book,
sales book,
sales returns book,
bills receivable book,
bills payble book,
journel proper.
| Is This Answer Correct ? | 76 Yes | 8 No |
Answer / sk arun kumar
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 ? | 77 Yes | 13 No |
Answer / rajesh
subsidiary book are the sub division of journal where the
business transactions are first time recorded
| Is This Answer Correct ? | 50 Yes | 8 No |
subsidiary books, it is nothing but a ledger, which can be
maintained by big organization concerns, subsidiary books
includes that cash book, purchase book,
P’ return book, sales books, return book, b/r book, b/p
book and proper journal.
| Is This Answer Correct ? | 34 Yes | 9 No |
Answer / rajesh kumar prusty
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 |
Answer / tobi odubayo
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 |
Answer / khagrajsharma
subsidiary book is that book where only credit and business
related transactions were posted
| Is This Answer Correct ? | 19 Yes | 13 No |
Answer / mohd.rais
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 |
Answer / happy
subsidiary book is the book of original or prime entry.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / tshering lhamo
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 ? | 5 Yes | 0 No |
what is deferred revenue expenditure?
WHEN IN ADJUST. GIVEN THAT THERE IS VALUE OF RS...., OBSOLESCENCE STOCK INCLUDED IN CLOSING STOCK RS.......,WHAT IS THE PROPER WAY TO SHOW IN INCOME STATEMENT AND POSITION STATEMENT.
what is Reconciliation-NOSTRO,VOSTRO?
13 Answers ABC, ANZ, UBS,
what is the reason for balance sheet not getting tallyed
EXPAND______________RRC
Why we Deduct TDS?
what are variable costs?
Expand---------CADB
Does the Summary Income and Expenditure account in the Charities SORP comply with the Companies Act 1985?
Expand---------DCAB
Explain PRICE RATE and also COST RATE.
what is the use of activity based costing, process costing, product costing, what are the steps followed for the same
Audit 
