A

Admin • 802.91K Points
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Q. The balance of petty cash book is always:

  • (A) Credit
  • (B) Debit
  • (C) Zero
  • (D) Negative
  • Correct Answer - Option(B)
  • Views: 3
  • Filed under category Accounting
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Explanation by: Admin
Petty cash book always shows a debit balance as it represents cash on hand.

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