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What is imprest a/c ?

Answer Posted / 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



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