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Akimi4 [234]
3 years ago
8

Difference between cash book and petty cash book​

Business
1 answer:
nadya68 [22]3 years ago
5 0

Answer:

1>all transactions in relation to cash are recorded in cash book,but all petty expenses in relation to cash are recorded in petty cash book.

2>cash book can be classified into single column,double column,triple column,and petty cash book,but petty cash book can be classified into simple and analytical petty cash bonk.

3>total of cash expenses are not transferred anywhere else,but summarised total of petty expenses are transferred to the cash book.

4>there is no gmprest system in a cash book,but under imprest cash system,a fixed advance is collected from head cashier by petty cashier.

5>contra system effect double column or triple column cash book,but there is no place of contra system under petty cash

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Answer:

58

Explanation:

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Given that,  

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riadik2000 [5.3K]

Answer:

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4 years ago
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Answer:

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