A long time ago I was a cashier at a store. One of my duties was to give the owner's son $2,000 COP for lunch money every day from the cash register. He had to replace it with a note saying that the money was taken for that purpose.What happened at the end of the month or at the end of the year with the accounting of that money? I don’t know. Possibly the owner replenished it or entered it as a "miscellaneous" expense. In any case, I always thought this was rather strange. In the best of situations it made me think that this company was run like a mom-and-pop shop.
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Running a Shop
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A long time ago I was a cashier at a store. One of my duties was to give the owner's son $2,000 COP for lunch money every day from the cash register. He had to replace it with a note saying that the money was taken for that purpose.What happened at the end of the month or at the end of the year with the accounting of that money? I don’t know. Possibly the owner replenished it or entered it as a "miscellaneous" expense. In any case, I always thought this was rather strange. In the best of situations it made me think that this company was run like a mom-and-pop shop.