Petty Cash Funds

Petty cash should be logged with journal entries This includes debits to the petty cash account, which are the purchases made, such as supplies, and credits to

The small amount of extra money a business keeps on hand is known as petty cash If you work at your aunt's hardware store, she may give you ten dollars out

paticash Two Methods for Petty Cash The first method involves writing 'checks' to specific vendors with expense accounts Deposits to and expenses drawn

paticash Set up cash accounts · Go to Cash and bank management > Petty cash > Cash accounts · Enter the following information Expand table Field