Write the advantages of maintaining petty cash book.

1.	Write the advantages of maintaining petty cash book.
Answer» Following are the advantages of maintaining petty cash book: 1. There can be better control over petty payments. 2. There is saving of time of the main cashier. 3. Cash book is not loaded with many petty payments. 4. Posting of entries from main cash book and petty cash book is comparatively easy.

Answer»

Following are the advantages of maintaining petty cash book:

1. There can be better control over petty payments.

2. There is saving of time of the main cashier.

3. Cash book is not loaded with many petty payments.

4. Posting of entries from main cash book and petty cash book is comparatively easy.

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Write the advantages of maintaining petty cash book.

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