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Question

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

A
Main Cash Book
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B
Petty Cash Book
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C
Cash Budget
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D
Journal proper
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Solution

The correct option is B Petty Cash Book
Payments in cash of small amounts like travelling expenses, postage, carriage,etc. are recorded in the Petty cash Book

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