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(Solved): What? We have two sets of books?--Respond to this! Must post first. Subscribe What's the book of "o ...
What? We have two sets of books?--Respond to this! Must post first. Subscribe What's the book of "original entry" called? How do we move information from the original book to a second set of books? What's that second set of books called? Which set of books do we pull Financial Reports from? Which set of books has our "accounts"?
Expert Answer
Journal or Subsidiary books of accounts are also called book of original entry as all the transactions are recorded originally or at the first instance i