Business Studies Revision

What is the primary purpose of a petty cash book?

What is the imprest system in petty cash management?

Which of the following is typically recorded in a petty cash book?

Who is usually responsible for managing the petty cash fund?

What should be done when the petty cash fund is low?

What is a cash book?

How many columns does a two-column cash book have?

Which transactions are recorded on the debit side of a cash book?

What is the purpose of a contra entry in a cash book?

Which of the following is not recorded in a cash book?