What is petty cash?

Types of Petty Cash Book · Columnar petty cash books consist of many money columns which record daily expenditures · The particulars of cash receipts and

Types of Petty Cash Book · Columnar petty cash books consist of many money columns which record daily expenditures · The particulars of cash receipts and

paticash Petty cash may be used to reimburse an individual for a purchase that was made using hisher personal funds Upon presentation of original, itemized receipts to

paticash Imprest Petty Cash: In the imprest system, a fixed, predetermined amount of cash is kept for a certain period, which normally does not fluctuate