Page 60 - Book-keeping for Secondary Schools Student’s Book Form One

Book-Keeping for Secondary Schools

Petty cash voucher
The petty cash voucher is a document used by a petty cashier as evidence for making
small payments from petty cash fund. Most of the petty cash vouchers contain important
information such as date, amount payable, person to whom money is being paid to,
reasons for the payment and initials of the petty cashier making the payment. Figure
FOR ONLINE READING ONLY
4.7 shows a sample of petty cash voucher.

Figure 4.7: A sample of a petty cash voucher

Activity 4.7

Prepare a sample of petty cash voucher and demonstrate how to fill it out.

Cheque
A cheque may be defined as a written instruction by the account holder (drawer) to
his or her bank (drawee) to pay a specific amount of money from the drawer’s account
to the person written on the cheque (payee). A cheque is also used by the drawer to
withdraw cash from his or her account. In technical (legal) terms, a cheque is an
unconditional order in writing made by the account holder to the account holder’s

bank to pay on demand a stated amount of money to the named person or bearer.

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Student’s Book Form One

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