In this detailed lecture, we dive into the Analytical Petty Cash Book and its workings under the Imprest System.

Whether you’re a beginner or looking to refine your accounting skills, this video provides a complete guide to understanding and preparing a petty cash book. Learn about the establishment of a petty cash fund, recording disbursements, and replenishing the fund with practical examples. Gain clarity on key concepts like the role of a petty cashier, petty cash vouchers, and the imprest system. If you’re an accounting student or a professional, this video will equip you with the knowledge you need to handle petty cash books efficiently. Don’t miss the chance to master these essential accounting techniques!

✔️ What you’ll learn:

-The concept of the petty cash fund

-How to prepare and manage an analytical petty cash book

-The imprest system and its practical application

-Recording entries for establishment, disbursement, and replenishment

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