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  3. 2) your employer keeps a $100 petty cash fund. she

2) Your employer keeps a $100 petty cash fund. She asked you to replenish the...

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Accounting

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2) Your employer keeps a $100 petty cash fund. She asked you to replenish the fund. She is missing a receipt for $7.50, which she says she spent on postage. How should you handle this? How to handle the petty cash spending with no its receipt? How to replenish the petty fund? Points of view Issues Responsibilities - Your role in this play? Owner or Manager. What should you do? Train? > Accounting - Replenish when? At the end of each month or the fund is low - What is the necessary document for the person receiving the fund which you have to do approval? (Which form?) - To do replenish, what you have to do with the Cash Payments Journal

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