A petty cash book is meant for which of these payments.......

To pay small day to day expenses like postage, telegraph

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

To pay statutory liabilities like income tax, sales tax

No worries! We‘ve got your back. Try BYJU‘S free classes today!

To discharge bank obligations

No worries! We‘ve got your back. Try BYJU‘S free classes today!

To pay for purchase of trading goods

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A To pay small day to day expenses like postage, telegraph
A petty cash book is meant for which of these payment to pay small day to day expenses like postage, telegraph.

Suggest Corrections

Similar questions

Q. In which system purchaser agrees to pay for goods like a instalments?

Q. A petty cash book which had many sub-columns on payment side for recording expenses which are repetitive in nature, e.g. postage and telegrams, printing & stationery, carriage & cartage, sundry expenses, etc. is called analytical/columnar petty cash book.

A company was entered in hire purchase agreement and had to pay Rs 1,000 per month. Three payments were made via bank account but no entry was found in cash book. Identify the correct adjustment in cash book.

Q. Banks in India these days hold about _________ percent of their deposits as cash, as a provision to pay the depositors who might come to withdraw money from the bank on any given day.

Q. Payments in cash of small amounts like travelling expenses, postage, carriage,etc. are recorded in the ______________.

Join BYJU'S Learning Program

A petty cash book is meant for which of these payments.......

The correct option is A To pay small day to day expenses like postage, telegraphA petty cash book is meant for which of these payment to pay small day to day expenses like postage, telegraph.

The correct option is A To pay small day to day expenses like postage, telegraph
A petty cash book is meant for which of these payment to pay small day to day expenses like postage, telegraph.