Adam is responsible for keeping a petty cash book for his employer. The monthly imprest is $200.

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Adam is responsible for keeping a petty cash book for his employer. The monthly imprest is $200. During January the following petty cash payments were made: travel expenses $82; postage $45; office cleaning $39.

How much should Adam receive at the end of January to restore the imprest?

A. $34

B. $166

C. $200

D. $366

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Accounting For Cambridge International AS And A Level

ISBN: 9780198399711

1st Edition

Authors: Jacqueline Halls Bryan, Peter Hailstone

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Question Posted: Sep 15, 2021 04:23 AM

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Adam is responsible for keeping a petty cash book for his employer. The monthly imprest is $200.

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A 34 The imprest is 200 which means the petty cash should b...View the full answer

Accounting For Cambridge International AS And A Level

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