When is a petty cash account debited?
...When is a petty cash account debited?
When the fund is established and every time money is spent
When the fund is established and every time it is replenished
When the fund is established and when the size of the float is decreased
Every time money is drawn from the petty cash
Correct answer is B
No explanation has been provided for this answer.
The method of ascertaining capital from income record is by preparing the ...
An unfavourable balance of trade for a country means that her? ...
Transactions are recorded or posted to the ledger in line with ...
If a trail balance is in agreement, one of the statement is untrue ...
The document which serves as the authority to incur expenditure in the public sector is ...
Use the following information to answer the given question \(\begin{array}{c|c} & DR & CR...
Patent and Trade mark are classified under ...
\(\begin{array}{c|c} & N \\ \hline \text{Opening stock of raw materials} & 8,000\\ \text{Pur...