Question

under which column charity to beggar comes in petty cash book

Answer 1

Charity or miscellaneous expenses column

Answer 2

Charity to beggars comes under the miscellaneous expenses column.

What is Petty Cash Book and When it is used?

• Petty cash is a manual bookkeeping system that is used to store day-to-day petty cash expenditures.
• It is used to record repeated and small transactions manually and is also known as the real ledger book.
• Examples of petty expenditures are postage, stamps, telegram, and stationery expenses.