A petty cash book is a formal record of any company or organization expenditure that is made using petty cash. The record is typically sorted by date, and as of 2015, a majority of...
What Is a Petty Cash Book?
For accounting and tax purposes, businesses should keep track of all of the money they spend and all of the money they take in. Check and credit card purchases make it easy for you to do this because they are tallied on monthly statements. A petty cash...
Petty cash is a small amount of discretionary funds in the form of cash used for
expenditures where it is not sensible to make any disbursement by cheque, ...
Jun 2, 2011 ... The petty cash book is a formal summarization of petty cash expenditures, sorted
by date. In most cases, the petty cash book is an actual ledger ...
this post defines petty cash book with its significant and benefits.
Petty cash is a small amount of cash on hand that is used for paying small
amounts owed, rather than writing a check. Petty cash is also referred to as a
Petty cash is a system that funds and tracks small purchases such as parking
meter fees that aren't suitable for check or credit card payments. A petty cash
Definition of petty cash: Relatively small amount of cash kept at hand for making
immediate payments for miscellaneous small expenses.
What is petty cash book? Definition, explanation, and example of petty cash book
. What is difference between main cash book and petty cash book?
Petty Cashbook. Another name that is sometimes used to refer to Petty Cash is
an “imprest fund”. This is just a fancy name that describes a special fund that is ...