Opening balance of petty cash is shown on
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In your wallet go and check
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Concept Introduction:-
A tiny amount of cash that can be used for anything that is used for expenses where making a cheque payout is not practical is known as petty cash.
Explanation:-
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We need to find the solution to the question
The Opening balance of petty cash is shown on Debit side of the Branch account. The debit side shows the balance amount of the petty cash left in the organization.
Final Answer:-
The correct answer is the Opening balance of petty cash is shown on Debit side of the Branch account.
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