Petty cash Book is a book of
Journal entry
Prime entry
Book keeping
Accounts
Who maintains a petty cash book in a concern?
Accountant
A senior staff
A junior staff
Cashier
When a member of staff needs some petty cash he / she has to present the petty cashier a
Petty cash voucher
Petty cash credit voucher
Petty cash book
Imprest amount
Instead of a folio column in a ledger, a petty cash book on the credit side has a
Receipt column
Analysis column
Discount column
No: of voucher column
The fixed amount of money with which the petty cashier starts each period.
Opening balance
Balance c/d
Cash balance
Total paid column of a petty cash book is
Added to the closing balance
Deducted from the respective heads
Credited
Debited
A record of small cash payments and occasionally small cash receipts.
Cash Book
Petty Cash Book
Receipts & Payments Account
Income & Expenditure Account
In a petty cash book any money received are
Added to the opening balance
Adjusted to the respective heads.