Multiple choice

Special purpose books are meant for

  1. making the correct entry

  2. saving time and efforts

  3. making the trial balance

  4. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Special purpose books are meant for direct posting into the ledger, rather than to prepare the journal first. For ex- cash book, purchase, sales etc are maintained to record the transactions directly into them. This saves a lot of time and efforts and each entry is also recorded separately.

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