On 1 August, Thornwood Ltd established a $150 petty cash fund. Cheque No.11002 was received by the petty cash cashier and duly cashed. On 31 August, the petty cash box contained the following cash and expense vouchers:

Expense vouchers( no GST)

Voucher no.

Date

Purpose

Amount

06

August

7

stationery

$20.00

07

8

Taxi

$35.00

08

13

Stamps

$27.50

09

20

Newspapers

$9.90

Required:

1. Record the Petty Cash Advance of $150 (Cheque No. 11002)

2. Record the petty cash vouchers into the petty cash book and balance the petty cash book

Petty Cash Book

August

Payment analysis

Date

Details

Che No.

Vou No.

Receipt

Payment