The book of account in which information from the source documents are recorded consists of
Answer Details
The book of account in which information from the source documents are recorded consists of ledger and subsidiary books. The ledger is the main book of account, where all transactions are recorded in a systematic manner. Subsidiary books are used to record transactions temporarily before transferring them to the ledger. This way, transactions can be recorded and organized efficiently, making it easier to track financial information and prepare financial statements like the profit and loss statement and the balance sheet.