Bookkeeping

What Is Petty Cash?

Before you start a petty cash fund, you’ll need to decide how much you want the fund to be. Between $100 and $200 is fairly common, though you can go lower or higher, depending on your business. However, on corporate financial statements, petty cash is listed in the “Cash and cash equivalents” section of the …

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What Financial Liquidity Is, Asset Classes, Pros & Cons, Examples

Spiking interest rates derailed dealmaking in 2023 and left the capital flywheel sputtering. Pete Rathburn is a copy editor and fact-checker with expertise in economics and personal finance and over twenty years of experience in the classroom. She could even wait for an appeals court to decide whether to pause the judgment, a decision that …

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