The closing balance of a petty cash book is a / an? A. Liability B. Gain C. Assets D. Loss Right Answer: Assets Share : February 22, 2018 Asghar Khan Accounting Total 0 Votes: 0 0 Tell us how can we improve this Mcqs? Captcha: + = Verify Human or Spambot ? Related Mcqs Check Below -When goods, in which business deals are sold, it is called?Which of these errors affect only one account?When a person purchasing goods on credit he becomes a_________in the books of the seller?