General
Establishing a Petty Cash Fund
Setting up an initial float for small office expenses (Imprest System).
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Petty Cash | Asset (+) | 200.00 | - |
| Cash in Bank | Asset (-) | - | 200.00 |
💡 Accountant's Note
This moves cash from the main bank account to a physical drawer in the office. The balance stays at $200 unless the fund size is changed.
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