Book keeping

Could you elaborate your question? What is the doubt.

Sudha Reddy

CA Final

★ 20K+

08-May-20 14:09

Either Book keeping is different from subsidiary books?

Thread Starter

Sheethal Sudhakar

CA Foundation

★ 820

08-May-20 14:12

Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business. Subsidiary Books are those books where the original entry of the transactions of similar nature (all sales, all purchases, all receipts, etc) are recorded at one place and in chronological order i.e. date wise Thus maintaining subsidiary books is book keeping activity.

Sudha Reddy

CA Final

★ 20K+

08-May-20 14:57

Ok thank you

Thread Starter

Sheethal Sudhakar

CA Foundation

★ 820

08-May-20 16:25