PETTY CASH

Front

It is a small amount of cash kept at hand for making immediate payments for miscellaneous minor expenses.

Back

Petty Cash

Front

True or False: There may be a petty cash fund in each major department of a company.

Back

True

Front

Which of the following transactions should be entered in the Petty Cash Book?
Salary payments,
Stock issued,
Subscriptions,
Travelling expenses

Back

Travelling expenses

Front

What is the cash use for the petty cash book called?

Back

Float

Front

A book of account used to record small payments is known as the ……

Back

Petty cash book

Front

The source document used with to write up the petty cash book is …..

Back

Voucher

Front

If the float given to the petty cashier is £200 and £190 was spent during the period, how much is the balance? _____

Back

£10

Front

If the float given to the petty cashier is £200 and £190 was spent during the period, how much should be reimbursed at the end of the period? _______

Back

£190

Front

The person who is responsible for the Petty Cash is called the

Back

Petty Cashier

Front

The Petty Cash Voucher is

Back

The documentary evidence that a petty cash payment has been made