We have seen that the Petty Cash Book is a book of prime entry in which the
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We have seen that the Petty Cash Book is a book of prime entry in which the first entry is made of routine payments by the petty cashier.
Required:
Is the Petty Cash Book a subsidiary book of accounts or, like the Cash Book and the ledgers, one of the main books of account which has to be included in a Trial Balance?
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Whether the Petty Cash Book is a main or a subsidiary book of account depends on the accounting arra...View the full answer
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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