What is a petty cash book?

Answer A petty cash book is an accounting device that allows you to keep track of small expenditures. It is recommended that you use the book to keep track of small day-to-day expenditures, such as meals.... Read More »

Top Q&A For: What is a petty cash book

How to Create a Petty Cash Book?

Petty cash represents a small cash balance a company can use for minor purchases. A clerk, secretary or administrative assistant is often responsible for managing this cash fund. A petty cash book ... Read More »

How much petty cash do senators get?

U.S. Senators get an allowance to pay for staff and office expenses. The amount varies depending on the distance of the Senator’s state from Washington, D.C. The average allowance for fiscal year... Read More »

How to Account For Petty Cash?

The establishment of a petty cash fund is a good idea for any business. The fund can be used to make cash readily available for small, miscellaneous purchases for which check writing would be too c... Read More »

What is a petty cash register?

A petty cash register is a spreadsheet used to track a business' use of petty cash. Petty cash is money used to pay for discretionary expenses such as office supplies, cab fares or postage fees. Th... Read More »