Advantages And Disadvantages Of Petty Cash Book Disadvantages of Petty Cash Book Petty Cash would be susceptible to a accounting errors because it has no sufficient documents for tracking the cash Due to lack of control Petty Cash are always in a chance of misappropriating of the fund The fund of petty cash may be used in unauthorized expenses
What is the imprest system of petty cash book Explain its advantages and prepare petty cash book with imaginary transactions 45551524 Find an answer to your question Advantages of maintaining petty cash book NISHARV7637 NISHARV7637 26 07 2020
Advantages And Disadvantages Of Petty Cash Book
Advantages And Disadvantages Of Petty Cash Book
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Meaning Of Petty Cash Book Its Importance And Advantages A petty cash book is one in which all petty or small payments made through petty cash fund are recorded systematically Petty cash book is maintained by the petty cashier Petty cash book can be maintained either in a simple or in analytical way Bookkeeping figures give managers an alert that they must manage their cash flow better 1 Bookkeeping can be a real distraction to your business main purpose 2 If you do not have bookkeeping and accounting knowledge you can make a mess of your books which can be costly either to hire a professional to fix it or you ll pay too much in
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Petty Cash Book Accountancy Knowledge
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Disadvantages of Petty Cash Book Petty Cash would be susceptible to a accounting errors because it has no sufficient documents for tracking the cash Due to lack of control Petty Cash are always in a chance of misappropriating of the fund The fund of petty cash may be used in unauthorized expenses
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What is the imprest system of petty cash book Explain its advantages and prepare petty cash book with imaginary transactions 45551524
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Advantages And Disadvantages Of Petty Cash Book - Bookkeeping figures give managers an alert that they must manage their cash flow better 1 Bookkeeping can be a real distraction to your business main purpose 2 If you do not have bookkeeping and accounting knowledge you can make a mess of your books which can be costly either to hire a professional to fix it or you ll pay too much in
