Unit-4 Other Subsidiary Books

In this unit we intend to discuss most of the remaining subsidiary books including Journal Proper.

What is an invoice?

What is a credit note?

Give the proforma of Purchases Journal. Explain the method of recording the transactions in Purchases Journal and its posting into ledger?

Discuss briefly the utility of debit note, credit note and invoice?

What is a debit note?

List five transactions which are to be recorded in the Journal Proper?

What is Journal Proper? What entries are usually recorded in the Journal Proper?

List five transactions which are to be recorded in the Journal Proper?

{{currentAnswerList.length}} Answers

1 Answers