Accountancy, asked by swetha372019, 7 months ago

what is imprest system of pretty cash book?​

Answers

Answered by vishajain821
0

Answer:

The imprest system is a form of financial accounting system. The most common imprest system is the petty cash system. The base characteristic of an imprest system is that a fixed amount is reserved, which after a certain period of time or when circumstances require, because money was spent, it will be replenished.

Answered by swastishaw
0

Answer:

The imprest system is a form of financial accounting system. The most common imprest system is the petty cash system. The base characteristics of an imprest system is that a fixed amount is reserved, which after a certain period of time or when circumstances require, because money was spent, it will be replenish.

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