PETTY
CASH BOOK.
Hello Everyone, it’s a New Day to
learn and have fun. We are focusing on the above mentioned topic today. Guyz,
am new at this so don't mind the awkward tables drawn for yesterday's topic.
Petty Cashbook is the book for recording small expenses. For example-
Postage, Stationery, Transport etc. The system for recording petty cash
transactions is called IMPEST SYSTEM. In this system, a specific amount is
given to cashier to start off accounting period. This specific amount is called
CASH FLOAT. The source document for petty...
