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5 Essential Elements For petty cash

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Petty cash is considered an asset, not an expense. It’s Component of the corporation’s present-day property around the harmony sheet since it represents cash readily available. Crystal clear procedures and documentation are necessary for managing petty cash to be certain transparency and stop petty cash fraud. , meaning "small" or https://davepayday59135.xzblogs.com/76446192/petty-cash-no-further-a-mystery

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