Petty cash

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Before a petty cash account is set up, the organization should establish a policy that dictates the maximum amount to be held in the account,

You mark it as a petty cash fund For cheques, write the amount you want to keep afloat and cash the cheque In your accounting ledger journal Petty cash is money that is kept in the office of a company, for making small payments in cash when necessary The PAs were trying to find

nagaland state lottery 14 3 24 Petty cash refers to the fund that businesses keep on hand to cover minor expenses or make small purchases Read the examples of petty cash Petty Cash · Generally petty cash funds for orgs should be set up in amounts not to exceed $500 · Petty cash funds are not to be used as an