All the entries of petty cash expenses are recorded on the ___ side of the petty cash book.
Liability
Asset
Credit
Debit
All the entries of petty cash expenses are recorded on the debit side of the petty cash book.
The fundamental difference between the Main Cash Book and the Petty Cash Book is that only petty expenses are recorded in the Petty Cash Book. No receipt with the exception of money received from ___are recorded.
What are various categories of expenses recorded in Petty Cash Book?