Look carefully at the illustration of the completed petty cash book for the week ending 5 May

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Look carefully at the illustration of the completed petty cash book for the week ending 5 May (Figure 13.4) and answer the following questions:

(a) What is the amount of the imprest?

(b) How much was spent on postage and stationery during the week?

(c) Was there any petty cash left at the end of the week? If so, how much?

(d) What was the total of all the analysis columns?

(e) How much was needed to restore the imprest on 1 May?

(f) What was the total amount spent during the week?

(g) How much is needed to restore the imprest on 5 May?

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Mastering Accounting Skills

ISBN: 9780333919910

2nd Edition

Authors: Margaret Nicholson

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Question Posted: Jul 03, 2024 02:02 AM

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Look carefully at the illustration of the completed petty cash book for the week ending 5 May

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Mastering Accounting Skills

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