The white blooms dotted the asphalt and swirled in the breeze under the orange glow of the street lamps.
What is 'Imprest'. An imprest is a cash account that a business uses to pay for small, routine expenses. A fixed balance is maintained in the account, and it is replenished routinely to maintain that balance. Alternatively, an imprest can refer to a monetary advance given to a person for a specific purpose.
That is, the Petty Cashier will have again the fixed sum in the beginning of the next period. This system is known as Imprest System of Petty Cash Book. For instance, a business estimates that a sum of Rs 500 is required to meet small expenses in the business for one week. This amount is given to the Petty Cashier. At the week end or earlier, the Petty Cashier spent Rs 480 and needs more cash.