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Petty Cash Journal Format

Petty Cash Journal Format

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Video instructions and help with filling out and completing Petty Cash Journal Format

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Instructions and help about Petty Cash Journal Format

hello and welcome to another tlc tutoring company accounting lesson uh today we're going to be going over petty cash journal entries now keep in mind if you go to our website which we will link in the description below we do have access to excel spreadsheets and printable pdfs so that you can follow along with this video so when we're talking about petty cash we're essentially talking about typically a lock box or maybe a bag that has a small amount of cash within a business that is used for incidentals so if the company has to maybe reimburse an employee for a very small expense that they ran out and bought in an emergency or perhaps if they had a very small expense that they just weren't able to purchase through the normal means and they had to use cash to buy it this is normally where this cash would come from so when you're first setting up a petty cash fund essentially what the company is going to do is write a check to themselves and cash t

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