Question

cash book maintained to record small expenses is called _________ ​

Answer 1

Answer:

The petty cash book is defined as a relatively small amount of cash kept at hand for making quick payments for miscellaneous small expenses in the business concern. A cash book that is created for the small payments of an organization i.e. taxi fare, car fare, bus fare, postage and stamps etc. has a separate fund to meet the day to day petty expenses in the office is called as petty cash book. It is established in the responsibility of petty cashier who maintains a separate cash book to record, such small payments only. It's a cash book to enter daily expenses like the cost of stationery, postage and so on. The petty cash book will be maintained by a separate cashier known as a petty cashier in the accounting field.

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Answer 2

Answer:

cash book always maintain a cash account who always record cash released expense and purchase