What is imprest a/c ?
Answers were Sorted based on User's Feedback
Answer / vinay
Imperest A/c is maintain on cash paid for expenses.
Is This Answer Correct ? | 19 Yes | 3 No |
Answer / m.d.shweatha
imprest is the system in which an estimated amount for
petty expenses is determined and advanced to petty cashier
out of which all party expenses will be paid and total
amount will be re-advanced to the petty cashier.so as to
make it equal to imprest account
Is This Answer Correct ? | 16 Yes | 1 No |
Answer / gvr murthy
imprest a/c just like petty cash book.Genral expenseslike
postage,news paper and small expenses for various daily and
monthly expeses
Is This Answer Correct ? | 11 Yes | 0 No |
Answer / jeeva
IT IS RECEIVED FROM ADVANCE FOR FUTURE EXPENSES.
Is This Answer Correct ? | 10 Yes | 3 No |
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