how Do You vouch petty cash payments
Answers
Answered by
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Explanation:
After examining the adequacy or otherwise of the system of internal check, the following should be performed for vouching the petty cash book.
Checking of amount drawn: ...
Casts & carry forward: ...
Check of vouchers: ...
Signature: ...
Pasting: ...
Surprise/physically counting: ...
Allocation: ...
Authorization of payment:
Answered by
1
Answer:
After examining the adequacy or otherwise of the system of internal check, the following should be performed for vouching the petty cash book.
Checking of amount drawn: ...
Casts & carry forward: ...
Check of vouchers: ...
Signature: ...
Pasting: ...
Surprise/physically counting: ...
Allocation: ...
Authorization of payment:
Explanation:
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