What is a petty cash voucher?

• A. A form used to reflect payments from the petty cash fund
• B. A bank withdrawal slip
• C. An invoice from supplier
• D. A payroll record

Answer: (A)

A petty cash voucher is the document used to record and authorize payments from the petty cash fund. When a small payment is made, the cashier completes the voucher with the date, amount, purpose, and recipient. This voucher serves as the evidence of the outlay and is used to update the petty cash book and the relevant expense accounts, helping maintain a clear audit trail and control over small, routine expenditures. The fund is replenished later to restore the original float, using the vouchers to verify what was spent.

A bank withdrawal slip is for withdrawing cash from a bank account, not for internal petty cash disbursements. An invoice is a bill from a supplier requesting payment. A payroll record tracks employees’ wages.