Imprest account

This query is : Resolved 

30 July 2011 DEAR SIR
WHAT IS THE NATURE OF IMPREST ACCOUNT HOW IT IS TRANSATION PASS, EXACT MEANING & SHOW IN ACCOUNT


CA VIVEK SHARMA

SIDHI(M .P)

M.NO 09425179400

31 July 2011 Imprest account nothing but petty cash book. Example you give Rs.100 to one person and he spends the same and give the bills and again you give some cash for further expenses, it will be routine process.


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