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A petty cash imprest system is a method of managing small cash expenses in a business or organization. Under this system, a fixed amount of cash is set aside in a petty cash fund, which is used to pay for small and infrequent expenses like office supplies or postage.
A petty cash book is a record of small-value purchases before they are later transferred to the ledger and final accounts; it is maintained by a petty or junior cashier. This type of cash book usually uses the imprest system: a certain amount of money is provided to the petty cashier by the senior cashier. This money is to cater for minor ...
Oversight of petty cash [3] is important because of the potential for abuse. Examples of petty cash controls include a limit on disbursements and monthly audits by someone other than the custodian. [4] Use of petty cash is sufficiently widespread that vouchers for use in reimbursement are available at any office supply store.
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Michelle Obama talks about her new healthy drink startup, Sha'Carri Richardson defies controversy as the new fastest woman in the world, and Stitch Fix shows the limits of the consultant-to-CEO ...
I also built up to 45 minutes of cardio four days a week, and 60 minutes of cardio three days a week, alternating between my treadmill, elliptical, and Peloton, and got at least 8,000 steps a day ...
Set in Miami during the '80s, Cocaine Cowboys: The Kings of Miami shows how two high school best friends went on to create one of the largest drug smuggling operations in the city’s history.
Download as PDF; Printable version; In other projects Wikidata item; Appearance. move to sidebar hide. Help ... (1967 TV series) The Forsyte Saga (2002 TV series)