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Petty Cash Interview Question:
List the types of entries in the petty cash book?
Submitted by: MurtazaThere are two primary types of entries in the petty cash book, which are a debit to record cash received by the petty cash clerk (usually in a single block of cash at infrequent intervals), and a large number of credits to reflect cash withdrawals from the petty cash fund. These credits can be for such transactions as payments for meals, flowers, office supplies, stamps, and so forth.
Submitted by: Murtaza
Submitted by: Murtaza
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