Types of Subjournals / Subsidiary Journals / Subsidiary Books
Kinds Of Subsidiary Journal A Subjournal or Subsidiary Book is a Book of Original Entry where individual accounts such as Purchases Account, Sales Account, Cash Account, Accounts Receivable Account, Accounts Payable, etc., are recorded in order to provide the details of each account separately. The main types of Subjournals are Special Journals where Business Transactions related to Accounts are recorded frequently on daily basis. Types or Kinds of Subjournal / Subsidiary Journal include Purchases Subsidiary Journal / Book, Sales Journal, Debtor / Accounts Receivable Subsidiary Journal, Creditor / Accounts Payable Subjournal, Inventory Subsidiary book, Fixed Assets Subjournal, etc. These Subjournals are used to record individual accounts’s records separately in order to avoid detailed information in one General Journal of different accounts.