bankingForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › bankingThis topic has 1 reply, 2 voices, and was last updated 6 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts September 22, 2018 at 4:46 pm #475541 suleymanabuzerliMemberTopics: 84Replies: 32☆☆hello Sir l met such sentence when solving questions“bankings of 1200$ from petty cash”what do this sentence mean?1200$ is income or expense?? September 23, 2018 at 8:07 am #475557 John MoffatKeymasterTopics: 57Replies: 54725☆☆☆☆☆Neither!!!!It means $1,200 is paid our of petty cash into the bank.So credit petty cash, and debit cash at bank.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In