what is the difference between cash book and petty cash book?

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what is the difference between cash book and petty cash
book?

Question Posted / srinathraokulkarni

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what is the difference between cash book and petty cash book?..

Answer / peter rabago

Petty cash book is a book of origina entry that is used to record minor business transactions that recure on daily basis like sundries expenses,travelling expenses while a cash book is a specialise d ledger that comprises of cash and bank accounts as well including discounts, both allowed and received accounts.

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3 Yes

0 No

what is the difference between cash book and petty cash book?..

Answer / yasir sethi

Petty cash book record small amount daily cash expenses like cash paid for tea, stamp, paper pin, ink ball point etc... is sub part of main cash book its use to reduce entries in main cash book, which is not updated on daily bases.

Is This Answer Correct ?

2 Yes

0 No

what is the difference between cash book and petty cash book?..

Answer / angela

Petty cash book involves an organization know their expenses periodically
Cash book helps organization know expenses monthly

Is This Answer Correct ?

1 Yes

0 No

what is the difference between cash book and petty cash book?..

Answer / johneyahuja

petty cash book
is not important
in every
transaction and
cash book is
used for every
transaction and
every bank .

Is This Answer Correct ?

13 Yes

24 No

what is the difference between cash book and petty cash book?..

Answer / ankita

1)cash book is used for large firms while petty cash book is
used for small firms like small shops.
2)cash book is monthly basis while petty cash book is daily
basis.

Is This Answer Correct ?

28 Yes

50 No