Question

Write the most appropriate word or phrase which can substitute each of the following:
A document on the basis of which the debit side of the petty cash book is written up.

Answer 1

A document on the basis of which the debit side of the petty cash book is written up is known as receipt. Receipt helps to document the cash payments. Receipts help to provide a backup to the petty cash replenishment checks whenever it is needed.