Question
Why is journal sub-divided? Name the special journals and state the type of transactions entered in each of them.
Answer :
Word Count : 546
The journal in financial accounting is sub-divided to simplify the process of recording a large number of business transactions. When a business grows, it deals with thousands of repetitive transactions every day, such as sales, purchases, payments, and receipts. Recording all these transactions in a single journal would be time-consuming, cumbersome, and prone to errors. To overcome these difficulties, the journal is divided into different subsidiary or special journals. This sub-division allows systematic and efficient recording of transactions, improves accuracy, reduces duplication, and enables specialization of work. Each type of transaction is recorded in its appropriate book, which saves both time and effort in maintaining accounts. This system also __________ __________ ______ _____ ___ _________ ___ __________ ____.
______ ______ _________ ______ ________ _______ ______ ______ _______ _____ ______ _____.
_______ ____ __________ _________ _____ ______ _________.
____ _______ _______ __________ __________ ______ ________ __________ _____ ________.
________ _________ _____ _____ ___ _________ ___ _____ _________.
___ ________ ____ _____ ________ ________ ______ ____ _____.
__________ __________ _________ __________ __________ ______ __________.
________ ____ __________ _________ _____ ____ ___.
_________ ____ ____ ____ ______ _________ __________ _________ _____ _______ __________.
____ _______ ____ ______ _______ ____.
_____ _______ ________ ___ _______ __________ _________ _______ ____ _________ ___.
___ __________ ______ ______ ________.
________ _____ _________ _________ ________ ______ __________ ______ _______ _____ _____.
_______ ____ __________ __________ __________ ________.
_______ _____ ___ ___ ____ __________ _______ _________ __________ ______.
_______ _________ _________ __________ ______.
_________ ___ ________ ____ ____ _____ __________ _____ ____.
____ _____ _____ _____ _______ ________ _________ _____ ____ _________ ______ ____.
_______ _____ _____ ___ _____ _______ _______ ______ _________ ________ ___ _____.
_______ __________ ___ _______ ______ ___ _______.
______ ___ _____ _______ ________ __________ ____ _____ ____ ________.
____ ________ _____ _____ _______ _____ ________.
___ ______ _____ ______ _______ _____ __________ ______ __________.
___ __________ __________ ____ _____ ______ _________ ___.
___ ___ _____ __________ ______ __________.
_________ _____ ______ _____ _________ __________.
______ _____ __________ __________ _______ ________ __________ _________.
___ _________ __________ __________ __________ __________ ___ ________ ___ ______.
________ ______ ______ _________ _____ ______ ____ _____ _____.
_____ ___ _______ __________ __________ _______ ___ _____ _______ ____ __________ ________.
______ _________ _________ ___ ________ _______ ________.
___ _______ ______ ___ ___ ________ ______.
_________ _____ ___ ___ __________ _________ _______ __________ _______.
_______ _________ _________ _____ ______ _______ ________ _______ ___ _______.
___ _______ ________ _________ ______.
__________ ________ __________ ____ _________ ________.
_______ __________ ________ __________ __________ _______ ________ ___ ________ _______ ___ _______.
_______ ______ ____ _______ _______ _______ _____ ___ ___.
_______ ________ __________ __________ _______.
_________ _________ ________ ___ ____ ________ ________ ____ _________ ______ ___.
___ _________ _____ ____ ________ ________ ___ ______ _____ ______ _____.
__________ ______ ___ _______ ____ ___.
_________ ________ ____ _____ _________ _______ _________ ________ ______.
______ _______ ____ ____ ________.
_____ _________ _______ ___ __________ _________ _______.
__________ __________ ___ ___ ______ ____ _______ _______ ___ __________ __________.
____ ______ _____ _________ _________ ____ ________ ______ ______ _________ ____.
________ _____ _____ _______ __________ __________ ________.
____ _______ ________ ____ ____.
________ _____ _____ _________ _____ _______ ___ __________ _____.
______ ____ __________ ______ __________ _______ _____ _____.
_________ _____ ________ _____ _________.
________ _____.
Get Full Answer on WhatsApp
The journal in financial accounting is sub-divided to simplify the process of recording a large number of business transactions. When a business grows, it deals with thousands of repetitive transactions every day, such as sales, purchases, payments, and receipts. Recording all these transactions in a single journal would be time-consuming, cumbersome, and prone to errors. To overcome these difficulties, the journal is divided into different subsidiary or special journals. This sub-division allows systematic and efficient recording of transactions, improves accuracy, reduces duplication, and enables specialization of work. Each type of transaction is recorded in its appropriate book, which saves both time and effort in maintaining accounts. This system also __________ __________ ______ _____ ___ _________ ___ __________ ____.
______ ______ _________ ______ ________ _______ ______ ______ _______ _____ ______ _____.
_______ ____ __________ _________ _____ ______ _________.
____ _______ _______ __________ __________ ______ ________ __________ _____ ________.
________ _________ _____ _____ ___ _________ ___ _____ _________.
___ ________ ____ _____ ________ ________ ______ ____ _____.
__________ __________ _________ __________ __________ ______ __________.
________ ____ __________ _________ _____ ____ ___.
_________ ____ ____ ____ ______ _________ __________ _________ _____ _______ __________.
____ _______ ____ ______ _______ ____.
_____ _______ ________ ___ _______ __________ _________ _______ ____ _________ ___.
___ __________ ______ ______ ________.
________ _____ _________ _________ ________ ______ __________ ______ _______ _____ _____.
_______ ____ __________ __________ __________ ________.
_______ _____ ___ ___ ____ __________ _______ _________ __________ ______.
_______ _________ _________ __________ ______.
_________ ___ ________ ____ ____ _____ __________ _____ ____.
____ _____ _____ _____ _______ ________ _________ _____ ____ _________ ______ ____.
_______ _____ _____ ___ _____ _______ _______ ______ _________ ________ ___ _____.
_______ __________ ___ _______ ______ ___ _______.
______ ___ _____ _______ ________ __________ ____ _____ ____ ________.
____ ________ _____ _____ _______ _____ ________.
___ ______ _____ ______ _______ _____ __________ ______ __________.
___ __________ __________ ____ _____ ______ _________ ___.
___ ___ _____ __________ ______ __________.
_________ _____ ______ _____ _________ __________.
______ _____ __________ __________ _______ ________ __________ _________.
___ _________ __________ __________ __________ __________ ___ ________ ___ ______.
________ ______ ______ _________ _____ ______ ____ _____ _____.
_____ ___ _______ __________ __________ _______ ___ _____ _______ ____ __________ ________.
______ _________ _________ ___ ________ _______ ________.
___ _______ ______ ___ ___ ________ ______.
_________ _____ ___ ___ __________ _________ _______ __________ _______.
_______ _________ _________ _____ ______ _______ ________ _______ ___ _______.
___ _______ ________ _________ ______.
__________ ________ __________ ____ _________ ________.
_______ __________ ________ __________ __________ _______ ________ ___ ________ _______ ___ _______.
_______ ______ ____ _______ _______ _______ _____ ___ ___.
_______ ________ __________ __________ _______.
_________ _________ ________ ___ ____ ________ ________ ____ _________ ______ ___.
___ _________ _____ ____ ________ ________ ___ ______ _____ ______ _____.
__________ ______ ___ _______ ____ ___.
_________ ________ ____ _____ _________ _______ _________ ________ ______.
______ _______ ____ ____ ________.
_____ _________ _______ ___ __________ _________ _______.
__________ __________ ___ ___ ______ ____ _______ _______ ___ __________ __________.
____ ______ _____ _________ _________ ____ ________ ______ ______ _________ ____.
________ _____ _____ _______ __________ __________ ________.
____ _______ ________ ____ ____.
________ _____ _____ _________ _____ _______ ___ __________ _____.
______ ____ __________ ______ __________ _______ _____ _____.
_________ _____ ________ _____ _________.
________ _____.
Get Full Answer on WhatsApp
IGNOU NEWS
Assignment Submission Last Date Extended Till 30 June 2026 Click Here★★★IGNOU June 2026 TEE Date Sheet Released Click Here★★★