Petty Cash is identified as a(n) ____ account type, so it will be placed at the top of the chart of accounts along with checking and savings accounts.

Respuesta :

ananso

Answer:

bank

Explanation:

A petty cash fund is one that businesses conveniently use to pay for their smaller transactions such as delivery fees, postage and emergency office supplies. It is usually a small amount that is kept on hand for these minor expenses without writing a Cheque or use of corporate credit cards.

Petty cash as a bank account type would be placed at the top of the chat of account along with checking and savings accounts.