What is petty cash book? Write the advantages of petty

What is petty cash book? Write the advantages of petty paticash When petty cash is used to make purchases, no accounting journal entries are made; instead, they are only made when the custodian needs more money and receives paticash How Can Businesses Set Up A Petty Cash Management System · Employing a Custodian · Finance the Petty Cash Account · Ensure That the Funds Are

paticash When the Fiduciary or Custodian of a Petty Cash or Change fund changes, the fund should be reimbursed to its original amount; any overagesshortages should be

paticash Petty cash may be used for small payments of goods or services where the school has no formal account The petty cash expenditure limit should be set by the Tracking Petty Cash Using the Write Checks Function To use the Write Checks function to account for petty cash expenditures, you must set up your Petty Cash