answersLogoWhite

0

The petty cash register typically contains details of all petty cash transactions, including the date, amount disbursed, purpose of the expense, and the name of the individual who authorized or received the funds. It may also include receipts or documentation for each transaction to substantiate the expenditures. Additionally, the register tracks the remaining balance in the petty cash fund to ensure accurate record-keeping and accountability.

User Avatar

AnswerBot

4d ago

What else can I help you with?

Continue Learning about Accounting

What is petty cash book?

A petty cash book is a book of vouchers which are prepared each time a disbursement is made from petty cash. The voucher would show the date, amount, recipient, purpose and general ledger account number relating to the expense. The person giving out the petty cash and the person receiving the petty cash would sign the voucher and any supporting documentation (such as receipts) would be attached.


What would you do if the money in the petty cash is used up?

If the petty cash is used up, I would first review the expenses to ensure they align with the intended use of the fund. Next, I would document the spent amounts and request a replenishment of the petty cash from the appropriate authority, providing all necessary receipts and justification. Additionally, I would assess whether the current petty cash amount is adequate for our needs and consider adjusting it if necessary.


If a petty cash fund was established with a 250 balance and currently has cash of 31 and petty cash tickets totaling 219 what would be included in the entry to replenish the fund?

A company check in the amount of $219 would replenish the funds.


Why business keep petty cash book?

When an employee needs to buy something quick they can use petty cash. For example, if an employee made a quick trip to get some donuts for the people in the office they would just take from the petty cash on hand.


Where can one find information about their bank account in relation to learning about online banking?

The best place to look for information about online banking with you current bank account, would be to go direct to your bank. Either on their website or asking in the bank when you are there. They will be able to give you all the information on how to use it, what you need to do to register for it and if you are entitled to it.

Related Questions

How many bits are contained in a register pair?

A register pair typically consists of two registers, each of which can contain a specific number of bits, commonly 8, 16, or 32 bits, depending on the architecture. Therefore, the total number of bits in a register pair is double the bit width of a single register. For example, if each register is 16 bits, the register pair would contain 32 bits.


Where do I register for a corporate event for my company?

Go to the websites of each event you would like to register for. Register your group under the same name every time, to avoid confusion, being sure to give the number of people and any other required information. It would be helpful if more information were given in the question, such as the name of the events for which you would like to register.


What is LDA in 8085?

I believe it is the Load A instruction- Load the A register. The operand would contain the value to load into the register, or if indirect, it would point to the address where the value is contained. indirect addressing can be relative or absolute.


Why is a retired navy chief petty officer in a no pay status?

That would require more information (sensitive, personal information) than is possible to list here.


What typically contain descriptive information about items in rows or contain information that helps to group the data in worksheet?

They would be called headings or labels.


What typically contain descriptive information about items in rows or contain information that helps to group the data in the worksheet?

They would be called headings or labels.


Where do I register for a business license?

REgister for a business license with the government. Depends on what type of business you want to register. For example, if you were trying to get a license to be a day care provider you would find all of the needed information through a daycare agency.


Does Richard have an son out of wedlock named Rick Petty Graduated high school in 1973?

There is no widely known information or evidence suggesting that Richard Petty has a son named Rick Petty who graduated high school in 1973. Richard Petty, the famous NASCAR driver, has four children, but none are publicly recognized as having the name Rick Petty or fitting that description. Any claims regarding such a person would need to be verified through credible sources.


Why would an organization have a file register?

why would an organisation have a file register


What is petty cash book?

A petty cash book is a book of vouchers which are prepared each time a disbursement is made from petty cash. The voucher would show the date, amount, recipient, purpose and general ledger account number relating to the expense. The person giving out the petty cash and the person receiving the petty cash would sign the voucher and any supporting documentation (such as receipts) would be attached.


What is petty cash?

A petty cash book is a book of vouchers which are prepared each time a disbursement is made from petty cash. The voucher would show the date, amount, recipient, purpose and general ledger account number relating to the expense. The person giving out the petty cash and the person receiving the petty cash would sign the voucher and any supporting documentation (such as receipts) would be attached.


What would NOT be accepted as petty cash?

9.00