difference between cash book and subsidiary books
Dear Student
Subsidiary book may be defined as a book of prime entry in which transactions of a particular category are recorded. In other words, in order to save time and energy, the transactions which are of similar character are recorded in separate books, these are called subsidiary books or subdivision of journal. A number of subsidiary books are opened to record all business transactions.
Whereas Cash book is a type of Subsidiary Book in which only payments and receipts which are carried in Cash are recorded .
Hence id Subsidiary book is Parent then Cash book is the Child of Subsidiary book .
Regards
Subsidiary book may be defined as a book of prime entry in which transactions of a particular category are recorded. In other words, in order to save time and energy, the transactions which are of similar character are recorded in separate books, these are called subsidiary books or subdivision of journal. A number of subsidiary books are opened to record all business transactions.
Whereas Cash book is a type of Subsidiary Book in which only payments and receipts which are carried in Cash are recorded .
Hence id Subsidiary book is Parent then Cash book is the Child of Subsidiary book .
Regards