what is the difference between cash book and petty cash
book?
Answer Posted / apau gyaub isaac
petty cash for the purpose of reducing the burden of cash
book from numerous small daily expenses and the cash book is
for transactions involving huge amount.
| Is This Answer Correct ? | 74 Yes | 24 No |
Post New Answer View All Answers
How good are you at Finance?
Purchase book is a ----------journal
EXPAND______________ICC
I've just started to work as an accounts executive and intending to take up SAP. Can anyone tell me what are the preparations required for me as an accountant to be a successful SAP consultant.
What is dematerialisation and its benefits?
what is Tds %,Service tax %,Cess %,and ESI,PF %,and what is the use of this.
Which Exchange determine Foreign Exchange/Currency Rate?
my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.
define accounting,scope of account , types of account ?
When we are raised a interstate invoice then which type invoice we are raised
When is the profession tax applicable? Is there a liability on the employer to pay PT? What is the amt of PT in case salary exceed Rs. 10,000/- pm
while doing work in dolphin software when credit note is given by supplier to purchaser then purchaser is debited supplier account so on credit side which account is coming which account should be credited
what are micro-cap, small-cap, mid-cap, large-cap companies?
EXPAND______________IARCS
Fiscal year variant F1 has 6 posting periods and fiscal year variant F2 has 4 posting periods. The posting have different start and ending dates.assign posting period variant F1 is assigned to leading ledger (0L) and F2 is assigned to the non-leading ledger(N1). You get an error message when making a posting in the non-leading ledger.?( any 1 answer) • The posting period variant of the non-leading ledger and the leading are different • The fiscal year variant of the non-leading ledger and the leading ledger are different • The posting is being made in a special period, but both variants are examples of a shortened fiscal year • The posting period for the non leading ledger group”N1” is closed