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What is petty cash book?

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Question added by Shayan Ali , Accountant , Al Razi Company
Date Posted: 2016/06/13
Razeen  Ridhwan
by Razeen Ridhwan , Deputy Chief of Flight Safety (DGCA approved Post Holder) , Span Air Pvt Ltd

The 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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