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Journal is also called a?
A day book
History book
Ledger book
An entry book
Journal is called as subsidiary books because it does not give any summarized details about an account. Journal merely helps the posting of entries in to ledger. Every business transaction must first be recorded in journal. Hence all original entries are found in journal itself which is a subsidiary books. Subsidiary books of accounts are also called book of original entry as all the transactions are recorded originally or at the first instance in these books.
By: Barka Mirza ProfileResourcesReport error
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