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Tracy, an employee at Nationwide Cellular, perceives that her outcome-input ratio is higher than that of her coworker Julio.This is an example of
Outstanding Checks
Checks that have been written and recorded in the payer's accounting records but have not yet been cashed or deposited by the payee.
Petty Cash
A modest sum of money maintained in reserve for small, unplanned costs.
Journal Entry
A record in the accounting journal that represents a transaction and shows the debits and credits to various accounts.
Petty Cash Account
A small fund kept on hand for minor, incidental expenses.
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