What is Petty Cash in Accounting?

The final step would be to establish a petty cash log, to record every transaction involving the petty cash fund. Even though the cash economy is getting smaller, there is still often a need to reimburse employees or to quickly pay a delivery driver. A petty cash fund allows a small amount of cash to…

Island Reversal

In case you decide to do this you would need to adjust your stop loss. See the bottom that comes right after the target was completed. This looks like a proper location for our adjusted stop loss order (Stop Loss 2). You can see the bullish island reversal pattern form with four days of consolidation.…