CBSE Class 11-commerce Answered
Where we want to enter subscription of newspaper in Analytical petty cash book
Asked by mk958311 | 18 Sep, 2019, 07:26: AM
Expert Answer
Analytical Petty Cash Book:
- In this type of cash book petty expenses are classified into different heads of expense.
- Total amounts of each heads are then transferred to the respective ledger accounts.
- Its left hand side records all the receipts and right hand side records all the payments.
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