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WAEC Financial Accounting 2026 Question 42

Question 42

Petty Cash

The source document used to prepare a petty cash book is petty cash

  1. A.ledger.
  2. B.payment.
  3. C.voucher.
  4. D.float
Show the answer and explanation

Answer: C (voucher.)

Explanation

Every petty cash payment is supported by a petty cash voucher.