Answer / kaushik92

IT IS A CASH ADV TOWARDS SPECIFIC EXPENSES

Answer / vinay

Imperest A/c is maintain on cash paid for expenses.

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

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

Answer / jeeva

IT IS RECEIVED FROM ADVANCE FOR FUTURE EXPENSES.

Answer / ammu

Imprest account is maintained for the entry of the petty
expensese which ultimately known as clewar explanation of
petty expenses and these expenses will be entered in the
analytical petty cash book under imprest system.

Answer / lokendra

no as per my idea imprest a/c effect generaly director's
payment maeaan adv reci from comp & com also lend some money
from directors in some case of need

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2 Answers   Genpact,

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