Accountancy, asked by dk775884, 5 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....

Previous Question
Next Question
Similar questions
Math, 2 months ago
4 exercise books cost rs.4.80 and a dozen of the same exercise books cost rs.14.40. is the cost of the exercise books proportional to the number of exercise books?
Math, 2 months ago
If a right angled triangle at Q , then PR = 34 cm and RQ = 30cm then find PQ?​
Math, 2 months ago
V. Give the following fraction as decimal correct to 3 decimal places : 3/11 please explain step by step​...
Math, 5 months ago
what is the Frist term of an A.P if Sn=3n2-n?​
Science, 5 months ago
your favourite cricketer​...
Chemistry, 11 months ago
Write all the structural formula of tetramethyl cyclobutane and predict which can show GI.​
Physics, 11 months ago
An air bubble in a glass slab with refractive index 1.5 (near normal incidence) is 5 cm deep when viewed from one surface and 3 cm deep when viewed from the opposite face. The thickness (in cm) of the slab is (1) 8 (2) 10 (3) 12 (4) 16...
Physics, 11 months ago
The potential differences across the resistance, capacitance and inductance are 80 V, 40 V and 100 V respectively in an L-C-R circuit. The power factor of this circuit is (1) 0.4 (2) 0.5 (3) 0.8 (4) 1.0...