What is petty cash?
What is petty cash?
Petty Cash · Generally petty cash funds for orgs should be set up in amounts not to exceed $500 · Petty cash funds are not to be used as an
Types of Petty Cash Book · Columnar petty cash books consist of many money columns which record daily expenditures · The particulars of cash receipts and Companies replenish the petty cash fund at the end of the accounting period, or sooner if it becomes low The reason for replenishing the fund at the end of the
kerala lottery ff 102 result Petty Cash · The fund should be reimbursed so that the money on hand will be adequate for your needs over the next 7-10 days · Expenditures must be recorded on 1 Proper documentation One of the primary challenges of managing petty cash in accounting is ensuring proper documentation of all transactions
