Interested to Buy Any Domain ? << Click Here >> for more details...
what is the difference between cash book and petty cash
book?
- 15 Answers
- 94858 Views
- Spectra Soft, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
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.
| Is This Answer Correct ? | 3 Yes | 0 No |
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 |
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 |
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 |
All Business transactions are not Accounting transactions. Do you agree
Golden rule for Nomianal Account?
what is meant by cash purchase?
• What is LIFO & FIFO?
In Accounting how many types of formulaes?
what is assessment
Explain "basic fundamental Assumptions"?
what is mean by account concept,and how to perpare a full accounting concept journal,ledger,trail balance,and balance sheet how it will prepare in upto fainalaztion.
ABC is a person he is paying rent every month last month he did not paid the rent and current month he paid this month rent and also last month rent. so now what is the journal entry?
Where we transfer loss in Balance Sheet?
how margnial costing is used in manufacturing sectors, what is the method/steps for using marginal costing
What is the difference btwn "Sales" and "Turnvoer".
Audit 
