Petty Cash: What It Is, How It's Used and Accounted For, Examples

Petty Cash Policy and Procedures paticash Petty cash refers to the amount used to pay for small expenses of a company issuing a check for which seems unreasonable Payment by check involves a long paticash Custodian Responsibilities · Ensure that appropriate receipts are obtained to support all disbursements · Ensure that the expenditure is appropriate in nature

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