Class 11 Important Questions Accountancy Chapter 10

Class 11 Important Questions Accountancy Chapter 10 Special Purpose Books I – Cash Book

Question 1:
Which of the following are the advantage of Petty Cash Book?
(i) It saves the time of the main cashier.
(ii) It helps in controlling the petty expenses.
(iii) It maximises labour and complex the posting.
(a) Both (i) and (ii)
(b) Both (ii) and (iii)
(c) Both (i) and (iii)
(d) (i), (ii) and (iii)

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