Question

___________ is not a subsidiary book.

• A. Sales day book
• B. Purchase day book
• C. Cash book
• D. Purchase Account

Answer 1

Answer: (D)

Purchase Account

A journal is sub divided into number the books for some specific transactions to be recorded which are known as subsidiary books.

These can be purchase day book, sales day book, purchase returns, sales returns, cash book, etc.

While closing the purchase day books, sum of the total of purchase day book is transferred to purchase account. Purchase account is an account and hence, cannot be considered as a subsidiary book.