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Accounting 1 4.02 Vocabulary

AB
petty cashan amount of cash kept on hand and used for making small payments
petty cash slip/vouchera form showing proof of a petty cash payment
petty cashierperson approving the petty cash payment
petty cash requisitionform prepared to request the amount needed to replenish petty cash
cash short/overA miscellaneous expense account used to record the difference between the amount of cash needed to replenish a petty cash fund and the amount of petty cash receipts at the time the petty cash fund is replenished.


Business Instructor
Vernon Malone College and Career Academy
Raleigh , NC

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