Definition: accounting day books.

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Day books are memorandum records where financial transactions are recorded immediately when they occur. They are books in which transactions are first recorded before they are transferred to ledgers. Day books are important and necessary for companies with large volume of transactions.

Author: amidu edson

I am certified accountant with more than 5 years of teaching experience. Currently am teaching auditing and assurance, management accounting and financial accounting for student preparing for professional exams such as ACCA and CPA.

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