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  • 25-04-2021
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State two reasons for maintaining a petty cash

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prasannalakshmi9049
prasannalakshmi9049 prasannalakshmi9049
  • 25-04-2021

Explanation:

the main advantages are:: reduction in numbers of translations many expenses of small nature recorded in petty cash book, the number of transactions reduced in the cash.

reduction of errors :: as the head cashier check the accounts of previous month and gives advance for the coming months, does ,errors if any are reduced.

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