Petty Cash Business Affairs
Petty Cash Business Affairs
As the petty cash is used and the fund diminishes, it is replenished to the original fixed amount This is typically done by submitting the recorded expenses
Replenishing Petty Cash or Change Funds · Must include a unique 8-Character Voucher Number · Must use the same Fund number, Department ID, Project, and The authorized balance of imprest, petty cash and other revolving funds should be reported as cash in the general ledger in whichever fund expenditures are
lottery sambad 13 tarik actor Petty cash is a current asset and should be listed as a debit on the balance sheet When first funding a petty cash account, the accountant The small amount of extra money a business keeps on hand is known as petty cash If you work at your aunt's hardware store, she may give you ten dollars out
