MCQ - Subsidiary books CA Foundation Notes | EduRev

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CA Foundation : MCQ - Subsidiary books CA Foundation Notes | EduRev

 Page 1


UNIT -4 
SUBSIDIARY  BOOKS 
 
Page 2


UNIT -4 
SUBSIDIARY  BOOKS 
 
ü Understanding the technique of recording 
transaction  in subsidiary books 
ü Posting from subsidiary books to ledger 
ü Maintaining of subsidiary books doesn’t take 
away the importance of Journal 
ü Difference between  Subsidiary book and 
principle books 
 
Page 3


UNIT -4 
SUBSIDIARY  BOOKS 
 
ü Understanding the technique of recording 
transaction  in subsidiary books 
ü Posting from subsidiary books to ledger 
ü Maintaining of subsidiary books doesn’t take 
away the importance of Journal 
ü Difference between  Subsidiary book and 
principle books 
 
(1) 
• There are numerous transactions which occur so 
many times in a day. 
(2) 
• It is inadequate and inconvenient to record the 
transaction in the book of original entry i.e. journal. 
(3) 
• Every Transaction recorded  makes journal   bulky, 
tedious and consumes more time, labour and money. 
Page 4


UNIT -4 
SUBSIDIARY  BOOKS 
 
ü Understanding the technique of recording 
transaction  in subsidiary books 
ü Posting from subsidiary books to ledger 
ü Maintaining of subsidiary books doesn’t take 
away the importance of Journal 
ü Difference between  Subsidiary book and 
principle books 
 
(1) 
• There are numerous transactions which occur so 
many times in a day. 
(2) 
• It is inadequate and inconvenient to record the 
transaction in the book of original entry i.e. journal. 
(3) 
• Every Transaction recorded  makes journal   bulky, 
tedious and consumes more time, labour and money. 
(4) 
• So the transactions which are of repetitive nature are 
recorded in a separate book through special journal. 
(5) 
• Such separate book of original entry, maintained for 
recording the similar and repetitive types of 
transactions is known as subsidiary books. 
(6) 
• Also known as sub-journal or sub- division of journal, 
this book includes purchase book, sales book, 
purchase return book, sales return book and cash book. 
Page 5


UNIT -4 
SUBSIDIARY  BOOKS 
 
ü Understanding the technique of recording 
transaction  in subsidiary books 
ü Posting from subsidiary books to ledger 
ü Maintaining of subsidiary books doesn’t take 
away the importance of Journal 
ü Difference between  Subsidiary book and 
principle books 
 
(1) 
• There are numerous transactions which occur so 
many times in a day. 
(2) 
• It is inadequate and inconvenient to record the 
transaction in the book of original entry i.e. journal. 
(3) 
• Every Transaction recorded  makes journal   bulky, 
tedious and consumes more time, labour and money. 
(4) 
• So the transactions which are of repetitive nature are 
recorded in a separate book through special journal. 
(5) 
• Such separate book of original entry, maintained for 
recording the similar and repetitive types of 
transactions is known as subsidiary books. 
(6) 
• Also known as sub-journal or sub- division of journal, 
this book includes purchase book, sales book, 
purchase return book, sales return book and cash book. 
¨ Generally a business transaction consists of  
   
   
       
   
Purchase  of goods 
sale of goods 
Receipt  of cash 
payment of cash 
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