Petty cash - Definition, Meaning & Synonyms -

website paticash Menu · Management of Petty Cash · Petty Cash Fund for Management Project · Project Petty Cash Fund · Project Cash on Hand for DIM Projects paticash Because credit cards and online transactions are common nowadays, petty cash funds are no longer necessary for a healthy business spending

paticash The cashier creates a journal entry to record the petty cash receipts This is a credit to the petty cash account, and probably debits to  A small amount of cash is used to pay for minor expenses and must be refilled The custodian collects all the receipts and slips given to different organization  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

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