𝐈𝐬 𝐏𝐞𝐭𝐭𝐲 𝐂𝐚𝐬𝐡 𝐀𝐧 𝐄𝐱𝐩𝐞𝐧𝐬𝐞 𝐎𝐫 𝐀𝐬𝐬𝐞𝐭 𝐀𝐜𝐜𝐨𝐮𝐧𝐭

𝐏𝐞𝐭𝐭𝐲 𝐂𝐚𝐬𝐡 𝐈𝐬 𝐀𝐧 𝐀𝐬𝐬𝐞𝐭 𝐀𝐜𝐜𝐨𝐮𝐧𝐭

Is Petty Cash An Expense Account or Asset Account? Petty Cash is not an expense account, it is an asset account.

𝐏𝐞𝐭𝐭𝐲 𝐂𝐚𝐬𝐡 𝐈𝐬 𝐀𝐧 𝐀𝐬𝐬𝐞𝐭 𝐀𝐜𝐜𝐨𝐮𝐧𝐭 Read More »