What is Petty Cash?

Petty Cash paticash The petty cash custodian records all transactions and maintains a running balance The custodian may have to justify the expenditures paticash The petty cash custodian records all transactions and maintains a running balance The custodian may have to justify the expenditures

paticash Cash count and verification of funds must be performed periodically, at least quarterly, by someone other than the custodian Verification of