Question

What is petty cash book plzzz explain with example

Answer 1

Answer:

petty cash book is an accounting book used for recording expenses which are small and of little value

Explanation:

for example stamps postage and handling stationery carriage daily wages etc

Answer 2

Petty cash book with example

Explanation:

• Petty Cash Book is the accounting book used to record the small cash outlay. These are expenses incurred on a day-to-day basis; typically small expenses are high in quantity but of value negligible. A separate book known as a petty cash book is kept for tracking these expenses.
• Petty Cash Book is an accounting book that is used to document expenses occurring of small and of little value, for example, stamps, postage and handling, stationery, carriage, daily wages, etc.