All the entries of petty cash expenses are recorded on the ___ side of the petty cash book.

Liability

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Asset

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Credit

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Debit

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Solution

The correct option is D
Debit

All the entries of petty cash expenses are recorded on the debit side of the petty cash book.

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Similar questions

Q. Petty cash vouchers are used to record entries on the debit side of the petty cash book.

Q. Petty cash book records all expenses.

The fundamental difference between the Main Cash Book and the Petty Cash Book is that only petty expenses are recorded in the Petty Cash Book. No receipt with the exception of money received from ___are recorded.

Q. When Petty Cash is advanced to the Petty Cashier, the main cashier will record it on the debit side of Cash Book.

Which of the following journal entries records petty cash expenses?

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All the entries of petty cash expenses are recorded on the ___ side of the petty cash book.

The correct option is D Debit All the entries of petty cash expenses are recorded on the debit side of the petty cash book.

The correct option is D
Debit

All the entries of petty cash expenses are recorded on the debit side of the petty cash book.