FINANCIAL ACCT-CONNECT
FINANCIAL ACCT-CONNECT
8th Edition
ISBN: 9781266627903
Author: Wild
Publisher: INTER MCG
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Chapter 6, Problem 5E
Summary Introduction

Concept introduction:

Petty Cash Fund:

Petty cash fund is the amount of money kept to be spent on day to day small expenses. For example, payment of conveyance, stationery, postage, and refreshment expenses, etc.

To prepare: The journal entries for petty cash fund.

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