Question

A petty cash book is prepared under:

a. Imprest System

b. Double Entry System

c. Single Entry System

d. None of the above ​

Answer 1

To avoid a large number of small payments, a separate cash book is made which is maintained by a petty cashier, who is paid a small amount at the beginning of the period called impress amount. When petty cashier spend the money, he is reimbursed the same amount to make further small expenditure.

Answer 2

Answer:

Imprest System

Explanation:

MARK BRAINLIEST