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What Is Petty Cash Book? |
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Answer» Petty CASH book is a FORMAL SUMMARIZATION 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. Petty cash book is a formal summarization 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. |
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