The Petty cash float, fixed at 100, is reimbursed on the last day of the month. It
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The Petty cash float, fixed at £100, is reimbursed on the last day of the month. It is decided that from 1 August 2012 the float should be increased to £120. Petty cash expenses paid in July 2012 are summarised as: Stationery £9.50; Office cleaning £21.45; Travelling £14.45; Staff tea £21.55; Postage £19.60; Miscellaneous expenses £9.25. What is the amount of reimbursement the petty cashier would receive on 1 August 2012?
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Related Book For 
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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