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JSS2 Business Studies

Petty Cash Book

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