Question

Petty cash which type of account

Answer 1

Answer:

hmmm hahaha!!!!!!!!!!!!

Answer 2

Answer:

current asset

Petty cash is a current asset and should be listed as a debit on the company balance sheet. To initially fund a petty cash account, the accountant should write a check made out to "Petty Cash" for the desired amount of cash to keep on hand and then cash the check at the company's bank.