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Which of the following is not a subsidiary book?
- a)Sales Book
- b)Purchases Book
- c)Pass Book
- d)Bills Receivable Book.
Correct answer is option 'C'. Can you explain this answer?
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Which of the following is not a subsidiary book?a)Sales Bookb)Purchase...
Subsidiary Books are the sub divisions of a Journal. These books are meant for recording the transactions of a similar nature in a separate book. When there are many transactions, the Journal is sub-divided into subsidiary books to record such voluminous transactions and events in one single book. These books are also termed as 'Special Purpose Books or Special Journals or Book of Original/Primary/Prime entry'.
A Pass Book is a copy of the ledger account maintained by a bank to record the transactions of its clients. Each customer is issued a separate passbook by the bank. It is the copy of the ledger account provided periodically to a customer in order to inform him/her about the transactions and balances in the account.
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Which of the following is not a subsidiary book?a)Sales Bookb)Purchase...
Subsidiary Books
Subsidiary books are the books of original entry where transactions are recorded in a systematic and orderly manner.
Examples of subsidiary books include:
1. Sales Book
2. Purchases Book
3. Cash Book
4. B/R Book (Bills Receivable Book)
5. B/P Book (Bills Payable Book)
6. Journal Proper
Not a Subsidiary Book
Option C is Cash Book. It is not a subsidiary book because it is a combination of both cash receipts and cash payments. It is also considered as a principal book of account where all cash transactions are recorded. The other subsidiary books feed into the cash book.
Subsidiary books are the books of original entry where transactions are recorded in a systematic and orderly manner.
Examples of subsidiary books include:
1. Sales Book
2. Purchases Book
3. Cash Book
4. B/R Book (Bills Receivable Book)
5. B/P Book (Bills Payable Book)
6. Journal Proper
Not a Subsidiary Book
Option C is Cash Book. It is not a subsidiary book because it is a combination of both cash receipts and cash payments. It is also considered as a principal book of account where all cash transactions are recorded. The other subsidiary books feed into the cash book.
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Which of the following is not a subsidiary book?a)Sales Bookb)Purchases Bookc)Pass Bookd)Bills Receivable Book.Correct answer is option 'C'. Can you explain this answer?
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Which of the following is not a subsidiary book?a)Sales Bookb)Purchases Bookc)Pass Bookd)Bills Receivable Book.Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Which of the following is not a subsidiary book?a)Sales Bookb)Purchases Bookc)Pass Bookd)Bills Receivable Book.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is not a subsidiary book?a)Sales Bookb)Purchases Bookc)Pass Bookd)Bills Receivable Book.Correct answer is option 'C'. Can you explain this answer?.
Which of the following is not a subsidiary book?a)Sales Bookb)Purchases Bookc)Pass Bookd)Bills Receivable Book.Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Which of the following is not a subsidiary book?a)Sales Bookb)Purchases Bookc)Pass Bookd)Bills Receivable Book.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is not a subsidiary book?a)Sales Bookb)Purchases Bookc)Pass Bookd)Bills Receivable Book.Correct answer is option 'C'. Can you explain this answer?.
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