How many types of account books are there? What's the difference?

How many types of account books are there? What's the difference?

accounting record Account books used for recording can be divided into 2 major types as follows:

1) Daily passbook

It's a basic account book. to record trade transactions in order of precedence It can be subdivided into 2 types: general journals and specific journals. Details are as follows:

1.1 General type is a record that may be used in the event that the entity does not have a specific journal. By recording the chart of accounts that must be divided into 5 groups, namely assets, accounting code 1, liabilities, accounting code 2, owners' equity, accounting code 3, income, accounting code 4, and expenses, accounting code 5.

1.2 Specific type is a specific type of recording. Mostly used in businesses with a large number of trade transactions, can be divided into 2 types:

- record items about the product to record inventories at the end of the period The components are: 1. Purchase of goods, 2. Sales of goods, 3. Returns and discounts, and 4. Returns and discounts.

- Record payment transactions that consists of income and expenditure items

2) ledger book

It is an account that is used to summarize the daily account book again. It will be classified as a category. For ease of understanding and easy to make accounting statements for the next period as well The ledger book can be subdivided as follows.

2.1 The general type is a book that collects accounting entries by type, such as asset type, liability type, etc. Components of this account are date, month, year, data/items. Amount of debit and credit

2.2 Sub ledger is a book that combines details of the general ledger account, for example, type of accounts receivable. type of creditors, etc. Components of this account are date, month, year, information/transactions. Amount of debit and credit Debit/Credit Amount Difference

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