Financial and Managerial Accounting
Financial and Managerial Accounting
7th Edition
ISBN: 9781259726705
Author: John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher: McGraw-Hill Education
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Chapter 6, Problem 8DQ
To determine

Petty Cash Receipt:

Petty cash receipt is a document which is used for cash payments made from petty cash. The custodian of petty cash makes payment and in lieu of that gets a detailed voucher with respect to the payment made.

To explain: Meaning of petty cash receipt and the person who should sign it.

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