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What is Subsidiary book?Explain the different Books along
with debit note& credit note?

Answers were Sorted based on User's Feedback



What is Subsidiary book?Explain the different Books along with debit note& credit note?..

Answer / priyank

"Subsidiary books means those books of original enter which are kept in addition to journal, to record similar types of transaction which r of repetitive natural & sufficiently large in number r called subsidiary books". There r nine subsidiary books they r as follows:-

1. Purchase book.
2. Sales book.
3. purchase return book.
4. sales return book.
5. cash transaction.
6. petty cash book.
7. bills receivable.
8. bills payable &
9. journal proper.

Is This Answer Correct ?    11 Yes 3 No

What is Subsidiary book?Explain the different Books along with debit note& credit note?..

Answer / nawar

general ledger is the main ledger and there are seven
subsidiary books. cash book,purchase book,sales book,sundry
debtors book.,sundry creditors book,journal book and petty
cash book

Is This Answer Correct ?    11 Yes 8 No

What is Subsidiary book?Explain the different Books along with debit note& credit note?..

Answer / aziza arjumand

Each journal is meant for recording the transactions of separate category and of repetative nature.These special journals are called "Subsidiary Books" or "Day Books".
There are 8 types of subsidiary books. They are:
1. Purchase Books
2. Purchase Returns Books
3. Sales Books
4. Sales Returns Books
5. Cash Book
6. Bills Receivable Books
7. Bills Receivable Books
8. Journal Proper

Is This Answer Correct ?    1 Yes 1 No

What is Subsidiary book?Explain the different Books along with debit note& credit note?..

Answer / v p narasimhan

General Ledger is the main Ledger and other ledgers are
called subsidiary books viz., debtors ledger,creditors
ledger,sales ledger,purchase ledger, journal etc.,
Debit Note - To recover any amount from the customer example
, Freight,interest & any other expenses to be
recovered.(includes Purchase Return also)

Credit Note - To give credit to the extent of its value to
the customer viz., Discount,Commission, excess charged if
any , Price difference (includes Sales Return also)

Is This Answer Correct ?    6 Yes 8 No

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