Petty Cash Book Flashcards
1
Q
Definition of Petty Cash Book
A
Used to record all payments of petty expenses
2
Q
Imprest System
A
The cashier issues sufficient cash to the petty cashier to operate each period
Definition of Petty Cash Book
Used to record all payments of petty expenses
Imprest System
The cashier issues sufficient cash to the petty cashier to operate each period