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A cash book that is used to record the small payments of cash is generally referred to as
Answer & Solution
Correct Answer:
Option
D
A cash book that is used to record the small payments of cash is generally referred to as Petty cash book. Petty cash book can be expressed as a formal summarization of the petty cash expenditures which refers to the day-to-day normal expenditures of the business which is not related to the direct line of the business.
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