A form showing proof of a petty cash payment called Answer Revealed
by J Nandhini | Updated Oct 26, 2023
A form showing proof of a petty cash payment called
The correct answer is Petty Cash Slip
A Petty Cash Slip is a small form or document used by businesses to track small, everyday expenses. It is typically a simple sheet where employees record expenditures for items like office supplies, minor repairs, or small purchases that don't warrant writing a formal check. The slip includes details such as the date, description of the expense, amount spent, and the person who received the cash. It serves as a record for accountability and helps in managing and replenishing the petty cash fund. This practice helps businesses maintain financial transparency and control over their day-to-day expenses.
A form showing proof of a petty cash payment called - FAQ
A form showing proof of a petty cash payment called