Skip to content
  • Home
  • Popular lifehacks
  • Easy Tips
  • Contributing
  • News
  • Blog
  • Questions
  • General
  • Contact me

Calendar

April 2023
S M T W T F S
 1
2345678
9101112131415
16171819202122
23242526272829
30  
« Dec    

Archives

  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019

Categories

  • Contributing
  • Easy Tips
  • News
Steadyprintshop.comExplore new brain challenge
  • Home
  • Popular lifehacks
  • Easy Tips
  • Contributing
  • News
  • Blog
  • Questions
  • General
  • Contact me
Questions

What is petty cash book Class 11?

Standard

What is petty cash book Class 11?

Table of Contents

  • What is petty cash book Class 11?
  • What is petty cash book items?
  • What is the definition of cash book?
  • What is petty cash book BYJU’s?
  • Why is petty cash book important?
  • Is net working capital a current asset?

The cash book that records payments of small expenses of small denomination such as postage, stationery, conveyance, etc. This cash book is maintained by a cashier called Petty Cashier and is known as Petty Cash Book.

What is petty cash book items?

A petty cash book is maintained to record small expenses such as postage, stationery, and telegrams. A separate column is used for each type of expenditure. The difference between the sum of the debit items and the sum of the credit items represents the balance of the petty cash in hand.

What is PCV in accounting?

A permanent capital vehicle (PCV) is an investment entity created for managing permanent capital, or capital available for an unlimited time horizon. An endowment, for instance, would typically have an unlimited time horizon.

What is the definition of cash book?

A cash book is a financial journal that contains all cash receipts and disbursements, including bank deposits and withdrawals. Entries in the cash book are then posted into the general ledger.

What is petty cash book BYJU’s?

Petty cash book is a book used in accounting for recording small and repetitive transactions that are of little value. It records small transactions such as postage, telegram, stationery etc. Also read. Cash Book.

What is petty cash book Class 11 questions and answers?

Answer: Petty Cash Book is used for recording payments of small expenses, which are of smaller denominations such as postage, stationery, conveyance, refreshment, etc.

Why is petty cash book important?

A petty cash book is created to facilitate small payments in a business or organization. It caters for items such as postage and stamps, bus fare and stationery. It is meant to meet the day-to-day expenses and is entrusted in the hands of a petty cashier.

Is net working capital a current asset?

No, net working capital is not a current asset. A current asset is any asset that will provide an economic value for or within one year. Net working capital refers to the difference between a company’s total current assets minus its total current liabilities.

Recent Posts

  • How do you play scabby queen?
  • Is there a radio station that plays calm music?
  • How do I install Adblock Plus on Internet Explorer 11?
  • Do similar matrices have same singular values?
  • How many hours ahead is Brazil than New York?

Categories

Contributing Easy Tips News

Copyright Steadyprintshop.com 2023 | Theme by ThemeinProgress | Proudly powered by WordPress