Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 39 - No. 19)
What is the primary purpose of a petty cash voucher?
To record the details of small expenditures paid for from petty cash.
To track all cash inflows and outflows.
To reconcile the bank statement.
To manage the company's overall budget.
Explanation
Petty cash vouchers are specifically designed to document small, miscellaneous expenses paid out of the petty cash fund.
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