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G of Transactions - IIWhat is petty cash book? Write the advantages of petty cash bookDescribe the advantages of sub-dividing the Journal.What do you understand by balancing of account?Numerical Questionse Cash BookEnter the following transactions in a simple cash book for December 2005:Rs.01 Cash in hand12,00005 Cash received from Bhanu4,00007 Rent Paid2,00010 Purchased goods Murari for cash6,00015 Sold goods for cash9,00018 Purchase stationery30022 Cash paid to Rahul on account2,00028 Paid salary1,000BO Paid rent504​

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