Petty Cash

Petty Cash paticash When your petty cash cashier puts money into the petty cash fund, they must create a journal entry in your books The entry must show an paticash 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

paticash Replenish a Petty Cash Fund Petty Cash should be replenished when cash is nearly expended, allowing sufficient time for processing a reimbursement request,

paticash PETTY CASH definition: 1 a small amount of money kept in an office for buying small things that are needed: 2 a small… Learn more Reconciliation of Petty Cash Funds At the end of each month the custodian must reconcile the petty cash fund to ensure that all money is accounted for using