Regarding maintainence of Imprest A/c

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SANDEEP KUMAR (Querist)
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29 December 2010 Sir..
Plz guide me how to make J.E's on maintaince of Imprest Account.

Suppose I moved a cash amount of Rs 10000.00 for petty expenses in the office. What will be my J.E at the time of disbursment of this amount and how to account at the time of booking the expenses..?

Need help..

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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29 December 2010 there is 2 type of treatment can be given

Debit the person who is taking imprest cash and after submitting the expenses you can credit the same

or

Create separate cash Imprest ledger and pass the contra from main cash to imprest cash. after receive the expense details pass the payment entry through imprest cash

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