Subsidiary Books

Credit purchases of goods are recorded in _______________.

Cash and bank transactions are recorded in the cash book in ____________ order.

Cash book is both __________ and _______________ book.

Cash discount allowed and received is recorded by the way of _________ entry.

A two- column cash book is based on __________ aspect of accounting.

. Transactions which cannot be recorded in other subsidiary books are recorded in ___________.

NDERSTANDING:- 13. If the bank allows the firm to withdraw more amount than the balance, the amount withdrawn is known as _____________.

A wholesaler sold 60 units of a good @ Rs.100 each less trade discount @10%. The retailer returned 10 units of these goods. ___________ amount should be recorded in the sales book.

R.K. Company purchased 60 units of goods @100 each less trade discount10% allowed, cash discount allowed is 5%. This transaction is to be recorded in ____________ __________ book.

Weekly/ monthly total of purchases book is posted to ___________ side of _____________ account.