What is petty cash?
What is petty cash?
Petty cash refers to the amount used to pay for small expenses of a company issuing a check for which seems unreasonable Payment by check involves a long
The purpose of the petty cash fund is to provide cash on hand for a department to reimburse small recurring expenses of $100 or less to employees The purpose In the fixed petty cash system, the chief cashier offers a fixed amount of money for a specified period to the petty cash cashier After
iroha age illit Petty cash is a small amount of cash on hand used for paying expenses too small to merit writing a check Learn how to balance petty cash in accounting Typically, petty cash is locked in a small box and is replenished frequently to ensure cash is available for any urgent purchases In most cases this is for
