The petty cash book ___.

Records cash received and paid

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Records cheques paid and received

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records petty cash receipts and petty cash expenses

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None of these

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Solution

The correct option is C
records petty cash receipts and petty cash expenses

The petty cash book is written up using petty cash receipts and petty cash expenses.

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Similar questions

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.

Q. Petty cash book records all expenses.

Q. Petty cashier records petty cash received on debit side.

Q. In petty cash book________column records receipts.

All the entries of petty cash expenses are recorded on the ___ side of the petty cash book.

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The petty cash book ___.

The correct option is C records petty cash receipts and petty cash expenses The petty cash book is written up using petty cash receipts and petty cash expenses.

The correct option is C
records petty cash receipts and petty cash expenses

The petty cash book is written up using petty cash receipts and petty cash expenses.