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What is Petty Cash Book?
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Answer Posted / chandan pandey
in business routine all daily receipts (cash& cheques)are paid in to bank, like wise all payments done by cheques are entered in the cash book payments,these are of two types small and big.if all the payments are entered in the cash book it will become too bulky. there fore this payments are made by petty cashier, a person other than the main cashier.a petty cashier is given a certain amount of money and then all small payments like tea,coffee,carriage,etc.. which r of insignificant in nature are made by him.and the details are maintained in the petty cash book.
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