Petty Cash
Petty Cash
As the petty cash is used and the fund diminishes, it is replenished to the original fixed amount This is typically done by submitting the recorded expenses
Petty cash funds are established for the purpose of enabling departments to complete minor business transactions as part of their daily operations Petty cash Advantages of Imprest System of Petty Cash Book · It acts as a healthy check on the petty cashier as he has to submit the statement of petty expenses to the
mejores paginas para jugar poker The custodian should be the only person with physical access to funds Petty cash should be maintained on an imprest basis, which means that the amount of the An analytical petty cash book is the most effective way to record petty cash payments A separate column is assigned for each petty expense on
