Petty Cash Expenses in Construction c+ contract should be recorded as cost at the time of payment or at time of receiving the supporting documents?

Question

arman cochangco · Answer

at the time receiving of supporting doument

MUHAMMED MALIK · Answer

At time of payment it is treated as advance payment, at the time of receiving the supporting document cost has been charged to project.

Muhammad Saqib Sharif · Answer

COST RECORDED AT TIME OF RECEIVING THE SUPPORTING DOCUMENTS.

shireen chirakkal · Answer

recorded at the time of receiving supporting documents.

Khalid Mohammed Ahmed Abdulgadir · Answer

Petty cash cost recorded at time of receiving the supporting documents