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JSS2: BUSINESS STUDIES – 2ND TERM

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  1. Bank Services | Week 1
    8 Topics
    |
    1 Quiz
  2. Insurance | Week 2
    7 Topics
    |
    1 Quiz
  3. Personal Qualities of an Entrepreneur | Week 3
    1 Topic
    |
    1 Quiz
  4. Business Opportunities | Week 4
    2 Topics
    |
    1 Quiz
  5. Consumer Rights and Responsibilities | Week 5
    2 Topics
    |
    1 Quiz
  6. Shopping Tips | Week 6
    4 Topics
    |
    1 Quiz
  7. Bookkeeping Ethics I | Week 7
    2 Topics
  8. Bookkeeping Ethics II | Week 8
    2 Topics
    |
    1 Quiz
  9. Ledger Entries | Week 9
    3 Topics
    |
    1 Quiz
  10. Petty Cash Book | Week 10
    7 Topics
    |
    1 Quiz

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Topic Content:

  • Definition of Petty Cash Book
  • Benefits of Petty Cash Book

What is a Petty Cash Book?

The petty cash book is a book of first entry and a ledger kept exclusively for small expenses, made in cash out of an agreed sum of money called petty cash. This book is similar to the cash book.

Benefits of Petty Cash Book:

An organisation using the petty cash book in addition to the main cash book will deserve the following benefits:

 

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