Petty cash Journal entries


15 November 2016 I am giving small amount monthly to my receptionist for meeting daily expenses. she is passing two entries.kindly confirm is she right or wrong. At the time of Payment of expenses Expense A/c Dr. To Petty Cash Cr. 2) at the time she receives from me periodically to meet these expenses. Petty Cash Dr. To Cash Cr. kindly confirm.

15 November 2016 Yup she is right.

15 November 2016 Thank you Sir (Y)




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