What Is The Different Cash Book And Petty Cash Book?


3 Answers

Lisa Marie Halsey Muniz Profile
Cash book is usually where a business will take out of that account to pay bills etc.  Petty cash book is where a business will take and use that account in emergency reasons or for employee lunches, parties, other things of less importance then bills.  I believe.
Cihan Barut Profile
Cihan Barut answered
Both of them are same.

Financially speaking, the correct word to define is "Cash Journal".

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