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Prepare petty cash book from the followi...

Prepare petty cash book from the following transactions. The imprest amount is Rs2,000.

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Cash balance Rs 935
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Knowledge Check

  • Petty cash Book records

    A
    payments of small amounts.
    B
    receipts of small amounts.
    C
    Both (a) and (b)
    D
    All cash receipts and payments

  • Petty cash Book will have a

    A
    credit balance
    B
    debit balance
    C
    debit or nil balance
    D
    credit on nil balance.

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