Financial Accounting and Reporting II Tutorial 7 Petty Cash \& Accounting Errors 1. Paven is an entrepreneur that sells groceries in Kampung Kodiang. To make the business run smooth, he prepared a petty cash book separate from the normal cash book. The following are the transactions happened during the month of January 2018 : Jan 1 - Cashier gives RM150 as a float to Petty Cashier Jan 2 - Stamps RM8 Jan 5 - Taxi Fare RM12 Jan 8 - Cleaning Expenses RM15 Jan 14 - Envelopes RM9 Jan 18 - Bus Fare RM11 Jan 22 - Cleaning Expenses RM15 Jan 23 - First Aid Kit RM18 Jan 26 - Stamps RM8 Jan 28 - Travel expenses RM5 Jan 30 - Tea and coffee RM4 Prepare a petty cash statement. The expenses are analysed under the following headings: Postage, Stationery, Travel, Cleaning, Sundry