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
- Identify a petty cash book
- Distinguish between ordinary petty cash book system and imprest system
- Post transaction of petty cash book in an imprest system
- Post transactions to the ledger