Overview
Explain the meaning of petty cash book
List the items of petty cash book
Analyze the items of expenditure in the petty cash book
State the need for keeping petty cash book
Prepare a petty cash book
What you'll learn
- Meaning of a petty cash book
- Columns in a petty cash book
- Recording receipts and payment in a petty cash book
- Preparation of petty cash book Imprest system
- i. Petty cash
- ii. Retirement
- iii. Reimbursement