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When the size of the business organisation is large it becomes impossible to enter each and every transaction in journal itself, which is the book of original entry. Hence, journal is sub-divided into a number of subsidiary books, each of which is meant for recording transactions of similar nature. For example, all cash transactions may be recorded in one book, all bills receivable in another book, all credit purchases in yet another book and so on. Hence, it is a book where the transactions are originally entered and then posted to respective ledgers on their basis.

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