Subsidiary books

I thinks it's recorded in the bills receivable a/c & an entry shall be made in the journal

Vishnuvardhan Raju

CA Final

★ 1K+

25-May-22 06:16

Yes

Priyanka R

CA Final

★ 20K+

25-May-22 07:22

Why is this entry recorded in the journal proper?

Jitendra Kumar

CA Final

★ 41K+

25-May-22 09:10

The journal entry for dishonor will be recorded in journal book.

CA Suraj Lakhotia

Admin

25-May-22 10:26

OK

Avasarala Vivek Aditya

CA Inter

★ 6K+

25-May-22 10:35

I have a question here... Subsidiary books are books of original entry similar to Journal.. So whenever there is bills receivable, We enter it into BR Book. So why are they saying Journal Proper(Journal)? This is a Test your knowledge question from ICAI notes: In which book of Original entry will you record a BR of Rs. 1000, which was received from a debtor in full settlement of his claim Rs.1100, is dishonored _________ a) Purchase Return b)BR Book c)Journal Proper (Journal) Ans: c

Thread Starter

Ratnasri N

CA Foundation

★ 0

25-May-22 13:54

Here the question is about dishonor of Bills Receivable.

CA Suraj Lakhotia

Admin

28-May-22 13:51