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State which of the following correctly complete the sentences given below:Q.The balance in the petty cash book isa)an expenseb)a profitc)an assetd)a liability.Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2026 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about State which of the following correctly complete the sentences given below:Q.The balance in the petty cash book isa)an expenseb)a profitc)an assetd)a liability.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2026 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for State which of the following correctly complete the sentences given below:Q.The balance in the petty cash book isa)an expenseb)a profitc)an assetd)a liability.Correct answer is option 'C'. Can you explain this answer?.

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