Match the items below by choosing the appropriate code letter :
-Document indicating the purpose of a petty cash expenditure.
A) Direct write-off method
B) Cash
C) Receivables turnover
D) Aged accounts receivable
E) Invest idle cash
F) Cancelled cheques
G) NSF cheques
H) Outstanding cheques
I) Petty cash receipt
J) Cash equivalents

Question

Quizplus · Accepted Answer

A petty cash receipt is the document that indicates the purpose of a petty cash expenditure, serving as a record for small, incidental expenses that are paid out in cash.

Match the Items Below by Choosing the Appropriate Code Letter