What is petty cash and main cash book? Diff b/w them
- 2 Answers
- 12780 Views
- I also Faced
- E-Mail Answers
Answer Posted / lavakumar
petty cash book: Petty cashier will record the petty
payments in a book is called petty cash book. Petty cash
book is mainained just like the cash book. Money recived
from head office is recorded in debit side, and payments are
recorded in credit side. genarally petty cash book
maintained on imprest system.
Cash book: In every business there will be a large number of
cash transactions i.e receipts & payments of cash. so it is
necessary to maintain a separate subsidary book ofr
recording the cash transactions. it is called cash book.
| Is This Answer Correct ? | 19 Yes | 3 No |
Post New Answer View All Answers
How can you actualize cah flows of 5 years at 8%
how to calculate IT? if bank intrest:1036 , long term capital gain:448841 short term capital gain :894 , income from rent 225000, and income from other source 347478, Advance tax paid 25000,lic 101508, medicliam 6990 and tds recd.25000
Expand--------SOT
Expand CASA
give me only one transactions in both side (debit&credit) should be in real accounts
what is status report? and flow report?
you buy a $100 asset. $25 cash, $50 debt, and $25 new equity. Explain how the 3 financial statements (IS, BS, CFS) will change.
differnce between the 4.7 & 6.0 versions?
We are running an educational institution in Karnataka,India. Is there any ceiling stating that if gross salary is upto this then only incentive or bonus can be paid?
I am going to attend an interview for the post of jr. Accounts Officer in airport authority of india,pls help me to prepare for the interview??
why you want to join the banking and finance industry?
how Mis reports are used?n why it is used ? explain
KINDLY PROVIDE ME RBI OFFICER SCALE B QUESTION PAPER (PREVIOUS)
While selling fertilisers can we charge VAT on excise duty.
Whats the Balnace of Closing stock so if we issued the materil then the Closing stick will be dr and in case we pirchsed the materil the closing stock will be cr so tell me that i m correct or not
