Archive | Subsidiary Books

Here we detail about the seven types of subsidiary books, i.e, (i) Purchases Book, (ii) Sales Book, (iii) Purchases Return Book, (iv) Sales Return Book, (v) Bills Receivable Book, (vi) Bills Payable Book and (vii) Journal Proper. 1. Purchase Book or Purchase Journal: Purchase book is a book of original entry in which only credit purchases of goods are recorded. [...]