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Small amounts of money set aside for incidental expenses are commonly referred to as "petty cash." This fund is used for minor expenditures that are not typically covered by formal budgets, such as office supplies or small repairs. Petty cash allows for quick and convenient payments without the need for a lengthy approval process.
What else can I help you with?
Small amount of money for incidental expenses that has the word pet in it?
petty cash
What is after all expenses are subtracted the amount of money left after a sale is called a?
profit
Differnce between outstanding expenses and prepaid expenses?
prepaid expenses are paid in advance and they are called current assets.The outstanding expense is the unpaid money,still owed.
What are the amounts of money coming into your account called?
it is called credit(when its coming in your account ) and debit(when its going out of your account ).
Money left after a business pays expenses?
1. Money left after a business pays expenses
What are Small amounts of money for incidental expenses?
umm i think it is insurance coverage
Small amounts of money for incidental expenses?
Some companies have a petty cash fund to be used for incidental expenses. The petty cash fund might pay for expenses such as postage stamps or gas for a company vehicle.
Small amount of money for incidental expenses that has the word pet in it?
petty cash
Money that is earned after expenses is taken out is called?
Profit.
What is the money that is left over after all of the business expenses are paid called?
ProfitMoney that is left after all business expenses are paid is called profit.
Where put entry outstanding expenses in profit and loss account?
Outstanding expenses are put on the credit side in a loss and profit account. Outstanding expenses refer toÊthe amounts of money that are due for things like rent that are not yet paid.
What is after all expenses are subtracted the amount of money left after a sale is called a?
profit
Differnce between outstanding expenses and prepaid expenses?
prepaid expenses are paid in advance and they are called current assets.The outstanding expense is the unpaid money,still owed.
What is money that is spent called?
Money that is spent is called an expense. Expenses refer to the costs incurred in order to generate revenue or achieve a particular goal. Tracking expenses is important for managing personal or business finances effectively.
How much money was spent in 2009?
It is difficult to provide an exact figure without more context. In general, different countries, organizations, and individuals spent varying amounts of money in 2009 on a wide range of expenses such as government budgets, company expenses, and personal finances.
The money left over after all of a business's expenses ae paid is called a?
profit
What is total earning?
The amount of money earned after subtracting expenses. Also called profit.
