Examlex
Which of the following is NOT a source of vertical conflict?
Petty Cash Account
A small amount of cash kept on hand for minor or incidental expenses, managed through a specified fund.
Purpose
The reason for which something is done or created or for which something exists.
General Journal Entry
A general journal entry is a record of financial transactions that includes details such as date, accounts impacted, amounts, and a brief description of the transaction.
Petty Cash Fund
A petty cash fund is a small amount of cash on hand used for paying expenses too small to merit writing a check or using a credit card.
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