Diploma in Accounting - Advanced Controls and Transactions - | pt-BR - 691 - 48018
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  • Nota de Estudos
  • Rever Tópicos
    Emmanuel A.
    GH
    Emmanuel A.

    petty cash used yet its easily accessible

    Simplisio A.
    UG
    Simplisio A.

    why is petty cash used yet it's easily accessible ?

    Rosalyne A.
    KE
    Rosalyne A.

    so useful

    Sohail K.
    ES
    Sohail K.

    Petty cash fund is a small amount of cash on hand that is used for paying small amounts owed, rather than writing a check. The person responsible for the petty cash is known as the petty cash custodian

    Adeshola A.
    GB
    Adeshola A.

    Petty cash fund is a small amount of cash on hand that is used for paying small amounts owed, rather than writing a check. The person responsible for the petty cash is known as the petty cash custodian

    Adeshola A.
    GB
    Adeshola A.

    Petty cash is for small expenses like buying postage stamps. Instead of going through the AP process to pay for a minor expense you can simply use petty cash to purchase the item needed.

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