Petty Cash Policy and Procedures
Petty Cash Policy and Procedures
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
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paticash Advantages of Imprest System of Petty Cash Book · It acts as a healthy check on the petty cashier as he has to submit the statement of petty expenses to the
paticash How to set up a petty cash management system · Appoint someone as petty cash custodian · Fund the account · Secure the funds · Establish
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