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#1
17th March 2023, 10:49 PM
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Financial accounting question Differentiate between a petty cash book and a three-column cash book
Financial accounting question Differentiate between a petty cash book and a three-column cash book
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#2
26th April 2023, 01:23 AM
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Re: Financial accounting question Differentiate between a petty cash book and a three-column cash book
Petty cash book is used for recording small and low valued transaction which occur day to day in any bank or office.
Three column Cash Book is used for large valued transaction. It is called three column because it has 3 column for each Debit and credit entry. These 3 columns are: Cash Bank Discount |
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