Subsidiary books

10 Questions on Subsidiary Books

2 Comments / Exam Questions, Financial Accounting / Charles Izuoba

Question 1 You are to enter up the sales journals for the following details. Post items to the relevant accounts in the sales ledger and then show the transfer to the sales account in the general ledger. 20-1 May 1 Credit Sales to C. Blessing N500 May 2 Credit Sales to S. Kris N2,000 May […]

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Subsidiary Books of Accounting; Types & Summary

Financial Accounting / Charles Izuoba

What are Subsidiary Books? Subsidiary books are books of prime entry used to record source documents arising from business transactions before posting to the ledger. Subscribe to our YouTube channel so as not to miss a tutorial video. Types of Subsidiary Books Cash Book: This is the subsidiary book for recording receipts and

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