Lesson 1, Topic 5
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Similarities and Differences between Cash Book and Petty Cash Book

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Topic Content:

  • Similarities between Cash Book and Petty Cash Book
  • Differences between Cash Book and Petty Cash Book

Similarities:

1. Cashbook and petty cash book involves a cash transaction.

2. The main cashier supervises the keeping of the cash book and the petty cash book.

 

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