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PETTY CASH POLICYDepartment:FinanceAccounting APP No.FIN004 Department Manager:Revised:Effective Date:AVP Financial Services/Controller8/6/20206/1/2015Subject:Applicable Divisions:Guidance for Custodians
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Gather all relevant financial documents such as income statements, balance sheets, and bank statements.
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Finance-accounting is the process of recording, summarizing, and analyzing financial transactions of a business or organization.
All businesses and organizations are required to maintain and file finance-accounting records.
Finance-accounting is typically filled out by recording all financial transactions, categorizing them, and preparing financial statements.
The purpose of finance-accounting is to track the financial performance of a business, make informed decisions, and comply with accounting standards.
Finance-accounting must report income, expenses, assets, liabilities, and equity of a business.
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