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The amount shown as the balance is petty cash book is ...

  • Published on: 17-Apr-20
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General Accounting Principles Accounting cycles Add to Study Deck
The amount shown as the balance is petty cash book is
Explanation:

The closing balance of petty cash book is considered as Asset. Petty Cash is a current asset account; it is part of a company's cash.

By: Munesh Kumari
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