what is petty cash book?
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Answer:
Petty cash is a system that funds and tracks small purchases such as parking meter fees that aren't suitable for check or credit card payments. A petty cash book is a ledger kept with the petty cash fund to record amounts that are added to or subtracted from its balance.
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Explanation:
small purchases such as parking meter fees that aren't suitable for check or credit card payments are put in petty cash book
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