State whether the following statements are True or False

1. Each one of the subsidiary books is a special journal and a book of original or prime entry.
2. Journal entries are passed in all the subsidiary books.
3. Purchases Book records all purchases of goods by the trader.
4. Purchases Return Book records the goods returned by the customers.
5. Sales Book is meant for recording only credit sales of goods.
6. Sales Return Book records the goods returned by the trader to suppliers.
7. Bills Receivable Book records the receipt of bills
8. Bills Payable Book records the acceptance of Bills Receivable.
9. Cash Book is used for recording only cash transactions.
10. Journal Proper is the journal which records the entries which cannot be entered in any of the subsidiary books.
11. When a customer returns the goods, a Debit Note is sent to him.
12. When the goods are sent to a supplier, a Credit Note is sent to him.
13. Cash Book is Journal as well as Ledger.
14. Closing entries are recorded in Balance Sheet.
15. The source document used for recording entries in Sales Book is invoice sent out.
16. The Sales Day-Book is a part of the Ledger.
17. The debit notes issued are used to prepare Sales Return Book.
18. Trade discount is not recorded in the books.
19. Cash discount is shown in the invoice.
20. In the calculation of the due date five extra days are added to the specified period of the bill are known as "Days of Grace."
21. Cash Book will always show debit balance.
22. When an entry affects both cash and bank accounts, it is called a Contra Entry.
23. Discount Account must be balanced in the Cash Book.
24. The balance in the Cash Book shows net income.
25. Petty Cash is an expense.
26. A cheque received and paid into the bank on the same day is recorded in the cash column of Three Column Cash Book.
27. When a cheque received from a customer is dishonoured his account is debited.
28. In Triple Column Cash Book, cash withdrawn from the bank for office use will appear on credit side of the Cash Book only.
29. The total of Journal Proper will be debited Cash Account.
30. The total of Return Inward Book is posted to Purchase Returns Book.