Explain the advantages of subsidiary booksSolutionAnswer The

Explain the advantages of subsidiary books.

Solution

Answer:

The advantages of subsidiary books are:-

i. It helps in saving time and labor by recording the same type of transactions in different boo.

ii. It helps in maintaining accounts and hence avoid the importance of journal enteries.

iii. It helps in division of labor which results in higher efficiency.

iv. It reduces the fraud cases.