Financial and Managerial Accounting: Information for Decisions
6th Edition
ISBN: 9780078025761
Author: John J Wild, Ken Shaw Accounting Professor, Barbara Chiappetta Fundamental Accounting Principles
Publisher: McGraw-Hill Education
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Chapter 6, Problem 8DQ
To determine
Petty Cash Receipt:
Petty cash receipt is a document which is used for cash payments made from petty cash. The custodian of petty cash makes payment and in lieu of that gets a detailed voucher with respect to the payment made.
To explain: Meaning of petty cash receipt and the person who should sign it.
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