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first we do double entry then me make T account and then makes trail balance and then we make financial statements so then why we make BOOKS OF PRIME ENTRY ?
In real life it is not realistic to enter each transaction separately because of the numbers of transactions involved for most companies.
That is why transactions are listed in one of the books of prime entry initially, and then at the end of the month the double entries are made in total in the ledgers.
Obviously you cannot be asked to prepare them in the exam, but you are expected to understand how they work.
This is all explained in my free lectures on Books of Prime Entry. The lectures are a complete free course for Paper FA and cover everything needed to be able to pass the exam well.
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