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An Accountant or Accounts clerk is typically responsible for Petty Cash,
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∙ 15y ago
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Just before lunch Sunil a petty cashier responsible for the petty cash book was asked by his manager for 30 from petty cash because he needed to buy some groceries and had no time to get the necessary?
sunil should pay back to her manager
What is the similarity of cash book and petty cash?
petty
What are the difference of petty cash voucher and petty cash book?
petty cash voucher is released by the handler of the funds to support every payments made. petty cash book contains a summary of all petty cash disbursements, its total and the balance.
What is petty cash receipt?
A petty cash receipt is an invoice or receipt for items or services bought out of petty cash. Petty cash is the small amount of cash usually held by businesses for one off small items.
Analytical petty cash book?
The petty cash book which is prepared in columnnor form is called anylatical petty cash book
Who is responsible for holding the petty cash fund?
An Accountant or Accounts clerk is typically responsible for Petty Cash,
Just before lunch Sunil a petty cashier responsible for the petty cash book was asked by his manager for 30 from petty cash because he needed to buy some groceries and had no time to get the necessary?
sunil should pay back to her manager
What is the similarity of cash book and petty cash?
petty
What are the difference of petty cash voucher and petty cash book?
petty cash voucher is released by the handler of the funds to support every payments made. petty cash book contains a summary of all petty cash disbursements, its total and the balance.
Two people should sign a completed petty cash voucher who?
Two people should sign a completed petty cash voucher if they are removing funds from a mutually protected petty cash supply for which they are both in charge. This will enable both parties to be responsible for one another during the transaction.
What is petty cash receipt?
A petty cash receipt is an invoice or receipt for items or services bought out of petty cash. Petty cash is the small amount of cash usually held by businesses for one off small items.
Analytical petty cash book?
The petty cash book which is prepared in columnnor form is called anylatical petty cash book
What is called as petty cash book?
petty cash book is the book which is used for the purpose of recording the payment of petty cash expenses.
Is the entry to establish a petty cash account a debit to petty cash and credit to cash?
yes. the entry should be: petty cash fund debit cash in bank credit
Is a debit to petty cash money that is taken out of petty cash?
credit
What is journal entry for petty cash?
Debit petty cashCredit cash / bank
Does the balance of the petty cash account increase when the petty cash fund is replenished?
No.
