Subsidiary book BBA financial accounting

Subsidiary book
Definition
Types
Advantage
Disadvantage

1. SUBMITTED BY :- BHANU GOUR SUBMITTED TO :- DR. NAZIM HUSSAIN
jaipur national
Univeesity

2. By :- BHANU GOURSUBSIDIARY BOOK
Topic:-

3. INTRODUCTION ~Subsidary books are the books of origin entry and it is also
called primary record because the first entry of transaction is
made in subsidiary book
~
On the basis of subsidiary books posting are made into concernd
ammount aftrewards

4. ADVANTAGE OF
SUBSIDIARY BOOK
~posting of each entry becomes Easy
~
as one type of transaction are recorded in one books so it
becomes convenient to locate any desired transaction
~imporant description about the transaction is also made in the related
books so a lot of information related to the transaction is easily
accessible

5. DISADVANTAGE OF
SUBSIDIARY BOOK
they may be expensive in acase of a small business as in a small
business it is best to keep journal
~
~it requires some basic knowledge of accountancy as if any of
the entires are recorded incorrect then it will be a problem
or they need to be rectified

6. TYPES OF
SUBSIDIARY BOOK
» Purchase book
»
Sales book
»
Purchase return book
» Sales return book
» Bills received book
» Bills payable book
» Cash book
» Journal book

7. PURCHASE BOOK »
»
The book is used for recording goods purchased on credit
Also known as invoice book, bought book, or purchase
journal.
»
It is not necessary to record the transaction in the journal book
where they are entered in the purchases book.

8. SALES BOOK
»Sales book is used for recording goods sold on
credit
»The recorded in sales book is mad from the
outword invoice book which contain the
expect copy of each invoice sent out to the
customer

9. PURCHASE RETURN BOOK
»The book used for recording goods return for the seller is called
" purchase return book "
»Also konwn as return outwords Books
»
Whule retuning goods buyer prepares debit note.

10. SALES RETURN BOOK »it is a book used for recording goods returned by
the buyer
»Also known as return inward book
»While keeping records in sales return books
sellers prepares a credit on

11. BILLS PAYABLE ( it is not in the syllabus)

12. BILLS RECEIVABLE
( it is not in the syllabus)

13. CASH BOOK
»The recorded cash transaction,saptrate
book is kept which is called cashbook
»The function of cashbook is to keeps
records of all cash transaction

14. TYPES OF CASH BOOK
»
single column cash book
»
(only cash transaction)
Double column cash book
(cash & bank transaction )
»
cash discount
»
Bank discount
»
cash and bank discount
»
petty cash book

15. JOURNAL BOOK »A Journal Book is the book of original entry
where all business transactions are first
recorded in date order.
»
Is shows whic account are debited and credit
according to the rules of double - entry
system

16. Conclusion Subsidiary books simplify accounting by dividing
transactions into different books such as the Purchase
Book, Sales Book, Cash Book, etc. This helps in
reducing the workload, avoiding confusion, and
ensuring accuracy in records. They also make it easier
to locate errors and prepare the final accounts
efficiently.

17. Thank You