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B: (Continue) Question 6: In the cash book, a bank receipt from a customer in settlement of their account would be posted to which subsidiary

image text in transcribed B: (Continue) Question 6: In the cash book, a bank receipt from a customer in settlement of their account would be posted to which subsidiary ledger: Answer: Question 7: The imprest system float is RM500. During the month the secretary purchases tea for RM16, pays Travel expenses of RM70, purchases sundry stationery worth RM36, purchases beverage for RM56, purchases stamps for RM72, pays for the laundry of RM116 and pays for snack RM24. How much reimbursement will be required at the end of the month? Answer: Question 8: State 3 characteristics for a company compare to a sole proprietorship: Answer: i) ii)

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