Petty cash accounting
Petty cash accounting
If there were cash overage, the petty cash account would be debited and the cash over and short account would be credited In this case, the expense balance
Cashing Petty Cash · Provide your name, department and phone number by email to Treasury Cash, 48 hours prior to cashing your cheque at the bank · Bring to the Accounting Entry Used to replenish the cash in the petty cash account This account is not changed unless there is a change in the value of the petty cashcash
india ka match kab kab hai It is prepared by two methods: Ordinary system: In this case, a fixed sum of money is paid to petty cashier for the payment of petty expenses and after spending Petty Cash Funds · Click Here for PDF Version · The purpose of New York University Petty Cash Funds Policy is to provide cash sufficient to