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Question

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.


A

Customers

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B

Debtors

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C

Chief Cashier

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D

Creditors

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Solution

The correct option is C

Chief Cashier


No receipt other than amount received from main cashier is noted in petty cash book.


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