Petty Cash Ledger
Petty cash ledger is individual ledger same as other ledger that is reporting format to show the petty cash daily transitions, in the petty cash ledger having to part that, first part is incoming amount which is debited against petty cash and expenses, paid amounts are credited as per accounting rules. Each daily transitions are maintain for the recording information, business transitions, cash flow auditing and balancing petty cash on base of the ledger. In the cash flow maintaining petty cash is main part that helps to budgeting the requirements of finance, on base of the petty cash, cash flow transition information, expense and other paid amount with regular expenses that is low amounts and difficult to focus are show in petty cash. In the business formats petty cash play main role for the reducing regular and low expenses if it’s unnecessary, on end of the month / year its become big amount as saving for the company. Hence petty cash stand is big for the cash flow maintains and financial views. To consider requirements for the accounting purposes, here as below given example of petty cash ledger in excel sheet format as below:
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