Petty Cash

The cashier creates a journal entry to record the petty cash receipts This is a credit to the petty cash account, and probably debits to

Companies replenish the petty cash fund at the end of the accounting period, or sooner if it becomes low The reason for replenishing the fund at the end of the

paticash Companies replenish the petty cash fund at the end of the accounting period, or sooner if it becomes low The reason for replenishing the fund at the end of the

paticash Cash count and verification of funds must be performed periodically, at least quarterly, by someone other than the custodian Verification of