What is petty cash book ? How it is prepared?

Explanation

Recording of repetitive expenses in money book can burden the cashier. Hence, a separate book is formed wherever petty expenses area unit recorded. samples of such variety of expenses are: writing paper, Refreshment, Postage, Conveyance, etc. fund book is maintained by Petty cashier.
Preparation is usually done by Imprest System because it is a lot of convenient. during this system, petty cashier is given a pre-defined add of the cash for a amount. At the tip of the amount, quantity |the number} spent by him is reimbursed by main cashier so the petty cashier has a similar amount once more at the beginning of the amount.