CHPT 22

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

• Change Fund

• Credit Fund

• Receipts Fund

• Charge Fund

Cash kept on hand for making small incidental cash payments

• Savings

• Loan

• Petty Cash Funds

• Petty Cash Disbursement

Any payment made from the cash fund

• Petty Cash Fund

• Tips

• Petty Cash Voucher

• Petty Cash Disbursement

The person responsible for maintaining the petty cash fund and for making petty cash disbursement

• Board of Directors

• Capital Owner

• Petty Cashier

• Petty Cash register

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

• Petty Memorandum

• Petty Invoice

• Petty Cash Requisition

• Petty Cash Voucher