Petty Cash Journal (Grade 10 NSC Matric Accounting): Flashcards
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Petty cash journal definition
Petty cash journal definition
Subsidiary journal for small cash payments
Petty cash voucher purpose
Petty cash voucher purpose
Proof of spending; explains what money was used for
Source document for petty cash
Source document for petty cash
Petty cash voucher
Petty cash cashier role
Petty cash cashier role
Person responsible for petty cash
Analysis columns purpose
Analysis columns purpose
Track frequent expenses like Postage and Stationery
Sundry account use
Sundry account use
Records unusual transactions not fitting analysis columns
Imprest system definition
Imprest system definition
Petty cash with fixed starting amount each month
Imprest system key principle
Imprest system key principle
Opening balance equals closing balance every month
Debtor transaction posting frequency
Debtor transaction posting frequency
Daily to Debtors Ledger
Analysis totals posting frequency
Analysis totals posting frequency
Monthly to General Ledger