Accounting Chapter 22

An amount of money, consisting of varying denominations of bills and coins, that is used to make change in cash transactions

• Change fund

• Cash shortage

• Cash increase

• Cash decrease

Cash kept on hand for making small, incidental cash payments

• petty cash fund

• petty cash disbursement

• petty cashier

• petty cash voucher

Any payment made from the petty cash fund.

• petty cash fund

• petty cash disbursement

• petty cashier

• petty cash voucher

The person responsible for maintaining the petty cash fund and for making petty cash disbursements.

A form that provides proof of payment from the petty cash fund.

A form requesting money to replenish the petty cash fund.

• Petty cash voucher

• petty requisition

• Petty cashier

• Proxy

A record of all disbursements made from the petty cash fund.