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What is Petty Cash and How to Manage it?
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website paticash Definition of Petty Cash Petty cash or a petty cash fund is a small amount of money available for paying small expenses without writing a check paticash Tracking Petty Cash Using the Write Checks Function To use the Write Checks function to account for petty cash expenditures, you must set up your Petty Cash
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 When your petty cash cashier puts money into the petty cash fund, they must create a journal entry in your books The entry must show an Otherwise known as a petty cash fund, petty cash is a small amount of money set aside to fund ad hoc and small purchases The amount of petty
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