The following is a summary of the petty cash transactions of Jockfield Ltd for May 2012.

You are required to:

(a) Rule up a suitable petty cash book with analysis columns for expenditure on cleaning, motor expenses, postage, stationery, travelling.

(b) Enter the month’s transactions.

(c) Enter the receipt of the amount necessary to restore the imprest and carry down the balance for the commencement of the following month.

(d) State how the double entry for the expenditure is completed.

Transcribed Image Text:

May 1 Received from Cashier 300 as petty cash float 2 Postage 3 Travelling 4 Cleaning 7 Petrol for delivery van 8 Travelling 9 Stationery 11 Cleaning 14 Postage 15 Travelling 18 Stationery 18 Cleaning 20 Postage 24 Delivery van 5,000 mile service 26 Petrol 27 Cleaning 29 Postage 30 Petrol 4825221 0 mm MBASH 17 18 5 8 9 23 13 43 18 21 5 14