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Azra has been managing her company's petty cash book for a year now. Her company practice imprest system, in which the monthly imprest of RM3,000
Azra has been managing her company's petty cash book for a year now. Her company practice imprest system, in which the monthly imprest of RM3,000 will be restored on the first day for each month. Below are the transactions for the month of April 2021. Required: a. State TWO (2) advantages of maintaining the imprest system of petty cash. b. List THREE (3) advantages of using a petty cash book. c. Enter the transactions above in a petty cash book with analysis columns for stationery, motor expenses, sundry expenses, and ledger account
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