Get the up-to-date petty cash journal format 2024 now

Get Form
petty cash journal entry example pdf Preview on Page 1.

Here's how it works

01. Edit your form online
01. Edit your petty cash journal online
Type text, add images, blackout confidential details, add comments, highlights and more.
02. Sign it in a few clicks
02. Sign it in a few clicks
Draw your signature, type it, upload its image, or use your mobile device as a signature pad.
03. Share your form with others
03. Share your form with others
Send petty cash journal format via email, link, or fax. You can also download it, export it or print it out.

How to edit Petty cash journal format in PDF format online

Form edit decoration
9.5
Ease of Setup
DocHub User Ratings on G2
9.0
Ease of Use
DocHub User Ratings on G2

Handling documents with our feature-rich and user-friendly PDF editor is simple. Adhere to the instructions below to complete Petty cash journal format online quickly and easily:

  1. Sign in to your account. Sign up with your email and password or create a free account to try the product before choosing the subscription.
  2. Upload a document. Drag and drop the file from your device or add it from other services, like Google Drive, OneDrive, Dropbox, or an external link.
  3. Edit Petty cash journal format. Quickly add and highlight text, insert images, checkmarks, and symbols, drop new fillable areas, and rearrange or delete pages from your paperwork.
  4. Get the Petty cash journal format accomplished. Download your modified document, export it to the cloud, print it from the editor, or share it with other people via a Shareable link or as an email attachment.

Make the most of DocHub, one of the most easy-to-use editors to rapidly handle your documentation online!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.
Contact us
This Petty Cash Book has two sides the debit side and the credit side. The particulars of cash receipts and expenses are written together in a single column which is known as the particulars column and the other column is used for writing the dates of both debit and credit.
Count the cash remaining in the petty cash fund and subtract it from the stated balance for the fund. The result is the amount of cash withdrawn from the fund.
When your petty cash cashier puts money into the petty cash fund, they must create a journal entry in your books. The entry must show an increase in your Petty Cash account and a decrease in your Cash account. To show this, debit your Petty Cash account and credit your Cash account.
The petty cash journal entry is a debit to the petty cash account and a credit to the cash account. The petty cash custodian refills the petty cash drawer or box, which should now contain the original amount of cash that was designated for the fund. The cashier creates a journal entry to record the petty cash receipts.
The petty cash journal contains a summarization of the payments from a petty cash fund. The totals in the journal are then used as the basis for a journal entry into a companys general ledger. This journal entry lists petty cash expenditures by expense type.

People also ask

Many businesses have a petty cash account for everyday purchases or costs, such as office supplies, parking charges and petrol. Petty cash transactions can often be cash only. They may also used to be a reimburse employees or to buy items for small amounts.
A petty cash fund is a small amount of company cash, often kept on hand (e.g., in a locked drawer or box), to pay for minor or incidental expenses, such as office supplies or employee reimbursements. A petty cash fund will undergo periodic reconciliations, with transactions also recorded on the financial statements.
Recording Petty Cash The journal entry for giving the custodian more cash is a debit to the petty cash fund and a credit to cash. If theres a shortage or overage, a journal line entry is recorded to an over/short account. If the petty cash fund is over, a credit is entered to represent a gain.
Employees take money from the petty cash account, recording each transaction with date, amount, vendor (who was paid), and business purpose.
When your petty cash cashier puts money into the petty cash fund, they must create a journal entry in your books. The entry must show an increase in your Petty Cash account and a decrease in your Cash account. To show this, debit your Petty Cash account and credit your Cash account.

example of petty cash journal