A proof of petty cash payment is known as a petty cash slip, which is used to document cash transactions for minor expenses and must be signed by the recipient.
A form showing proof of a petty cash payment is a c. petty cash slip. This document typically includes details like the date of the transaction, the amount of money disbursed, the name of the person who received the cash, and the reason for the expenditure.
It's a way of documenting the use of petty cash, which is a small amount of cash on hand used for low-cost expenses. After the petty cash slip is filled out, the recipient signs it to acknowledge receipt. The slip then usually goes to the person responsible for managing the petty cash fund, often an accountant or office manager, who will reconcile it and ensure proper accounting.