Petty Cash Book: Types, Format, Operations, Pros, Cons

Petty cash: What it is and how it's used paticash These Petty Cash funds are intended to be used by state agencies for agency purchases of small, but necessary operating items, not to exceed $, except for 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 The petty cash custodian records all transactions and maintains a running balance The custodian may have to justify the expenditures