Nevada Administrative Code
Chapter 706 - Motor Carriers
UNIFORM SYSTEM OF ACCOUNTS FOR LIMOUSINE COMPANIES
Accounts
Section 706.401945 - Current assets: Account for petty cash

1. The account for petty cash must include all money used to facilitate disbursements for small expenditures to avoid the drawing of many small checks, and all money used for check-cashing accommodations. Responsibility for this account must be assigned to a designated officer or employee or to one or more other designated persons. Proper entries must be kept for complete identification and verification.

2. The account must not include any advances or loans to stockholders, directors, officers, partners, employees or agents. Such advances or loans must be included in the accounts described in NAC 706.401947.