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What is the petty cash book?

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Question added by Shameer Nazir Madari , Assistant Finance Manager , METAL AND RECYCLING COMPANY K.S.C. (PUBLIC)
Date Posted: 2016/04/22
Deleted user
by Deleted user

Is anccounting book used for recrding expenses which are  small and of little value

zaheer u din
by zaheer u din , Teller , Finca micrfinance bank

 The petty cash book is a formal summarization of petty cashexpenditures, sorted by date. In most cases, the petty cash book is an actual ledgerbook, rather than a computer record. Thus, the book is part of a manual record-keeping system.

Saurabh Dua
by Saurabh Dua , Associate Team Lead , Bunge India Private Limited

its a summerization of petty expenses of business and maintained as a ledger 

MOHAMMAD RASHID
by MOHAMMAD RASHID , Teller (AM) , HDFC BANK LTD

Small cash in hand used for the payment of small expences in the organization or business.

Mehreen Riaz
by Mehreen Riaz , Internee , Summit Bank

Book in which day to day expenses are recorded.

 

Muhammad Arshad
by Muhammad Arshad , Finance Manager , Fresh Choice International FZE

Book/account for recording, day to day petty expenses done by cash in hand kept aside for such purpose.

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