Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What is meant by petty cash and petty cash limit? why petty cash is created?

user-image
Question added by Deleted user
Date Posted: 2014/09/22
vipin kumar
by vipin kumar , Assistant Manager Accounts , Samruddha Jeevan Multistate Multipurpose Cooperative Society Ltd.

For our day to day expenses we can not go to the bank daily. So we create a account in which we can expense our daily expenses. its limit is not define now. But we can Manage it to K Rupees.

More Questions Like This