pls what are the differences between cash book and petty cash book
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pls what are the differences between cash book and petty cash book
The fundamental difference between the Main Cash Book and the Petty Cash Book is that only petty expenses are recorded in the Petty Cash Book. ... Thus, the book in which small payments, which are not convenient to record in the Main Cash Book, (like postage, traveling expenses, purchase of stationery etc.)
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ᴛʜᴇ ғᴜɴᴅᴀᴍᴇɴᴛᴀʟ ᴅɪғғᴇʀᴇɴᴄᴇ ʙᴇᴛᴡᴇᴇɴ ᴛʜᴇ ᴍᴀɪɴ ᴄᴀsʜ ʙᴏᴏᴋ ᴀɴᴅ ᴛʜᴇ ᴘᴇᴛᴛʏ ᴄᴀsʜ ʙᴏᴏᴋ ɪs ᴛʜᴀᴛ ᴏɴʟʏ ᴘᴇᴛᴛʏ ᴇxᴘᴇɴsᴇs ᴀʀᴇ ʀᴇᴄᴏʀᴅᴇᴅ ɪɴ ᴛʜᴇ ᴘᴇᴛᴛʏ ᴄᴀsʜ ʙᴏᴏᴋ.
ᴛʜᴜs, ᴛʜᴇ ʙᴏᴏᴋ ɪɴ ᴡʜɪᴄʜ sᴍᴀʟʟ ᴘᴀʏᴍᴇɴᴛs, ᴡʜɪᴄʜ ᴀʀᴇ ɴᴏᴛ ᴄᴏɴᴠᴇɴɪᴇɴᴛ ᴛᴏ ʀᴇᴄᴏʀᴅ ɪɴ ᴛʜᴇ ᴍᴀɪɴ ᴄᴀsʜ ʙᴏᴏᴋ, (ʟɪᴋᴇ ᴘᴏsᴛᴀɢᴇ, ᴛʀᴀᴠᴇʟɪɴɢ ᴇxᴘᴇɴsᴇs, ᴘᴜʀᴄʜᴀsᴇ ᴏғ sᴛᴀᴛɪᴏɴᴇʀʏ ᴇᴛᴄ.).....♥
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