Petty cash example sentences

To avoid this, large organisations normally appoint one more cashier (petty cashier) and maintain a separate cash book to record these transactions.Such a cash book maintained by petty cashier is called petty cash book.In such instances, the petty cash book is not maintained independently.It is debited with the amount given to petty cashier.2,000 is given to the petty cashier at the beginning of a certain period.Each expense account is individually debited with the periodic total as per the respective column by writing “petty cash account” and the petty cash account is credited with the total expenditure incurred during the period by writing sundries as per petty cash book.The petty cash book generally has a number of columns for the amount on the payment side (credit) besides the first other amount column.The balance is carried to the next period and the petty cashier is paid the amount actually spent.The petty cashier goes on making all small payments out of this imprest amount and when he has spent the substantial portion of the imprest amount say Rs.The difference between the total receipts and total payments is the balance with the petty cashier.(In certain cases, the petty cash system is operated through the main cash book itself.