Accountancy, asked by dk775884, 7 months ago

What is the nature of the balance in Pitty cash book?​

Answers

Answered by bhupathlete03
0

Answer:

The balance in the Petty Cash Book represents income. The petty cash account is a current asset and will have a normal debit balance (debit to increase and credit to decrease).

Explanation:

Hope it will help you....

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