=13.= A form of envelope voucher for petty cash is illustrated. A strong manilla envelope in what is known as size #10 takes the place of the petty cash book. It is ruled for a record of payments, and a receipt for each payment is placed in the envelope. At the bottom is a space for a distribution of the amounts to the proper accounts. When the petty cash fund is depleted—or at stated intervals—a check is drawn for the amount expended and it is charged through the cash book, leaving petty cash intact. The amount of the petty cash fund is considered as cash on hand, and the voucher envelope accounts for any part of the fund not actually in the cash drawer. Petty cash should be used sparingly, as it is intended only for small expense items when it is inconvenient to give a check. When the books are closed, the petty cash expenditures may be charged through the cash book as cash payments, instead of drawing a check. [Illustration: Petty Cash Voucher ] TREATMENT OF PROTESTED PAPER =14.= When a note, draft, or check is protested, the bank will charge us with the protest fee in addition to the face of the paper. The total amount must then be charged to the one from whom the paper was received. Suppose the check of Jones & Laughlin for $100.00 goes to protest and is returned to us with a protest fee of $2.50—the entry will be: Jones & Laughlin $102.50 Bank $102.50 Check No. 16 given to First Nat. Bank to cover J. & L. check for $100.00, protest fee $2.50. SAMPLE TRANSACTIONS =15.= D. A. Hall is engaged in the business of a wholesale dealer in men's and boys' clothing. On Feb. 1st. his balance sheet is as follows: Balance Sheet, Feb. 1st, 1909. Assets Cash In Bank $1,765.20 In Office 125.00 -------- Total Cash $1,890.20 Accounts and Bills Receivable Bills Receivable 850.00 Henry James, Due Feb. 5 350.00 David Traver & Co., Due Feb. 15 500.00 Accounts Receivable 1,124.00 Frank Weitz 234.00 John Gorham 150.00 George Golden 300.00 Clayton & Co. 275.00 Henry Ames 165.00 -------- -------- Total Accounts and Bills Rec. 1,974.00