Journal and subsidiary books in which transactions and events are first recorded are known as _____________.

Secondary books.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Memorandum books.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Primary books.

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Principal books.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is D Primary books.
Journal and subsidiary books in which transactions and events are first recorded are known as Primary books.
Primary book is a book or record in which certain types of transaction are recorded before becoming part of the double-entry book-keeping system.

Suggest Corrections

Similar questions

Q. A subsidiary book which is used to record all those business transactions which do not find any place in the purchase book, sales book, return books, cash book, bills receivable and payable book, etc. is called journal proper..

Q. Transactions which cannot be recorded in any specialized subsidiary books are recorded in _______.

Transactions that a business doesn`t record in any of the special journals are recorded in which of the following journals/ day books?

How does a cash book serve a dual purpose?

Cash book is both a subsidiary book and principal book.

Record the following transactions into proper subsidiary books,then close the subsidiary books on January 31 and post them into Ledger:

$\begin{matrix} 2011 & (R s) Jan 1 & Purchased goods from Mahendra of the list price of Rs 40,000 less 10 % Trade Discount . Jan.5 & Sold goods to Moti for Rs 10,000 Jan.6 & Returned goods to Mahendra of list price Rs 5,000 Jan 7 & Shyam Singh sent goods for Rs 30,000. Jan.8 & Sold goods to Harish for Rs 12,000 . Jan. 19 & Sent goods to Moti for Rs 6,000 Jan.27 & Sold goods to Mahesh for Rs 8,000 \end{matrix}$

Join BYJU'S Learning Program

Journal and subsidiary books in which transactions and events are first recorded are known as _____________.

The correct option is D Primary books.Journal and subsidiary books in which transactions and events are first recorded are known as Primary books.Primary book is a book or record in which certain types of transaction are recorded before becoming part of the double-entry book-keeping system.

The correct option is D Primary books.
Journal and subsidiary books in which transactions and events are first recorded are known as Primary books.
Primary book is a book or record in which certain types of transaction are recorded before becoming part of the double-entry book-keeping system.