Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 19 - No. 39)

What is an 'analytical petty cash book' used for?

Tracking daily sales.

Analyzing and categorizing different types of petty cash expenditures.

Reconciling the cash balance.

Recording all purchases made by employees.

An analytical petty cash book incorporates analysis columns to categorize and track different kinds of petty cash spending.