What Is Petty Cash Book

What Is Petty Cash Book Petty Cash Book Definition A petty cash book is maintained to record small expenses such as postage stationery and telegrams A separate column is used for each type of expenditure

What Is Petty Cash Book A petty cash book is an accounting book used to record petty cash expenditures i e small amounts that a company occurs in its day to day operations The date wise arrangement of records makes it simple to maintain manage What is the Petty Cash Book The petty cash book is a recordation of petty cash expenditures sorted by date In most cases the petty cash book is an actual ledger book rather than a computer record Thus the book is part of a manual record keeping system

What Is Petty Cash Book

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Petty cash is a small amount of cash that is kept on a business or company s premises to pay for minor expenses and needs usually no more than a few A petty cash book is a type of cash book that is used to record minor regular expenditures such as office teas bus fares fuel newspapers cleaning pins casual labor etc These small expenditures are usually paid for using coins and currency notes rather than checks

Petty Cash Book is a record of cash payments meant mainly for helping easy cash management by recording expenditures like travel expenses office materials and nuts and bolts out of the main cash register A petty cash book has a debit and a credit side to show the incomings and cash outgoings from the petty cash account Just like a normal cash book a petty cash book is periodically maintained across a month

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Petty Cash Book It is another Cash Book which is maintained generally in large business concerns to reduce the burden of Main Cash Book in which numerous transactions involving petty small amounts are recorded For this purpose a Petty Cashier is Petty cash book is of two types Imprest petty cash book Columnar petty cash book contains many money columns to record day to day expenditures It has two sides the debit side and the credit side

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Petty Cash Book Definition A petty cash book is maintained to record small expenses such as postage stationery and telegrams A separate column is used for each type of expenditure

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What Is Petty Cash Book A petty cash book is an accounting book used to record petty cash expenditures i e small amounts that a company occurs in its day to day operations The date wise arrangement of records makes it simple to maintain manage


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