Sub-Division of Journal : Special Purpose Subsidiary books

These are separate books used

These are separate books used for recording non-cash transactions. The five books are Purchases Book, Sales Book, Purchases Return Book, Sales Return

This book records only credit purchases

This book records only credit purchases of goods dealt in by the business. Cash purchases and purchase of assets are not recorded in it. It is also ca

This book records only credit sales

This book records only credit sales of goods dealt in by the business. Cash sales and sale of assets are not recorded in it.

This book records return of goods

This book records return of goods purchased on credit. It is also called return outward book or purchases returns day book.

This book records return of goods

This book records return of goods sold on credit by customers. It is also called returns inward book or sales return day book.