Question

A form showing proof of a petty cash payment is a ____.

a. check
b. petty cash slip
c. petty cash check stub
d. journal

Answer 1

A form showing proof of a petty cash payment is a petty cash slip. This document records the transaction details and is crucial for maintaining the petty cash fund records. The correct answer is option b.

Step-by-step explanation:

A form showing proof of a petty cash payment is a petty cash slip. The petty cash slip is a document that records the details about a payment made from a petty cash fund. This slip usually includes information such as the date of the transaction, the amount of cash paid, the purpose or reason for the payment, and the signature of the individual who received the funds. Petty cash slips are essential for maintaining accurate records and are used when replenishing the petty cash fund.