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  2. Cash and cash equivalents - Wikipedia

    en.wikipedia.org/wiki/Cash_and_cash_equivalents

    Petty cash is a small amount of cash that is used for payment of insignificant expenses and the amount of it may vary depending on the organisation. [7] For some entities $50 is adequate amount of cash, whereas for others the minimum sum should be $200. Petty cash funds must be safeguarded and recorded in order to avoid thefts.

  3. Single-entry bookkeeping - Wikipedia

    en.wikipedia.org/wiki/Single-entry_bookkeeping

    Single-entry bookkeeping, also known as, single-entry accounting, is a method of bookkeeping that relies on a one-sided accounting entry to maintain financial information. . The primary bookkeeping record in single-entry bookkeeping is the cash book, which is similar to a checking account register (in UK: cheque account, current account), except all entries are allocated among several ...

  4. Petty cash - Wikipedia

    en.wikipedia.org/wiki/Petty_cash

    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.

  5. Imprest system - Wikipedia

    en.wikipedia.org/wiki/Imprest_system

    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.

  6. What Should I Do if I’ve Make a Mistake While Writing a Check?

    www.aol.com/ve-mistake-while-writing-check...

    How To Correct a Mistake On a Check: Step-by-Step. You need to pay rent and you’re on your last check in the book. You start filling it out when you suddenly realize you’ve made a mistake.

  7. General journal - Wikipedia

    en.wikipedia.org/wiki/General_journal

    In manual accounting information systems, a variety of special journals may be used, such as a sales journal, purchase journal, cash receipts journal, disbursement journal, and a general journal. The transactions recorded in a general journal are those that do not qualify for entry in any special journal used by the organisation, such as non ...

  8. This Is Costco's Secret Weapon Against Inflation - AOL

    www.aol.com/costcos-secret-weapon-against...

    The better customer experience also means Costco isn't just for cash-strapped, lower-income consumers. In fact, it also attracts well-to-do consumers who still appreciate a good deal.

  9. Lions, already decimated on defense, lose 2 cornerbacks to ...

    www.aol.com/sports/lions-already-decimated...

    The Detroit Lions' injury woes on defense continued Sunday, with the team losing two cornerbacks in the first half of their 48-42 loss to the Buffalo Bills.Carlton Davis III and Khalil Dorsey were ...

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