Question

distinguish between petty cash book and subsidiary book​

Answer 1

Answer:

Petty cash book  - An accounting book used for recording expenses which are small and of little value, for example, stamps, postage and handling, stationery, carriage, daily wages, etc. These are expenses which are incurred day after day; usually, petty expenses are large in quantity but insignificant in value.

Subsidiary Books - The books that record the transactions which are similar in nature in an orderly manner. They are also known as special journals or daybooks. In big organizations, it is not easy to record all the transactions in one journal and post them into various accounts. So for the easy and accurate recording of all the transactions, the journal is subdivided into many subsidiary books. For every type of transaction, there is a separate book.

Answer 2

Answer:

balance of the petty

Explanation:

Diff between cash book and petty cash book

Petty Cash Book: Definition

The difference between the sum of the debit items and the sum of the credit items represents the balance of the petty cash in hand. A petty cash book also refers to the book in which small payments are recorded, which are not convenient to record in the main cash book.