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PFA - Word Picture Tools Sign in File Home Insert Design Layout References Mailings Review View Help Format Tell me what you want to do Share TRIAL QUESTIONS Question 1 Ho Polytechnic operates impress system of petty cash Bookkeeping with a lump sum of $200.000 A petty cashier should leave a balance on account, a sum not less than $25,000 The summary of transactions that took place within the month of December 2002 is as follows December 1 3 6 7 10 12 14 15 16 17 19 20 22 24 25 27 31 Reimbursement received from cashier Paid for trotro Paid wages and salaries Paid rent and rates Paid for taxi Paid Danso Ltd, creditor Paid for water Paid tax fare Paid Defiat Co. Ltd., creditor Paid wages Paid rent and rates Paid for taxi Paid bonuses to workers Paid traveling expenses Paid for electricity Paid salaries Paid rent Paid for wages and bonuses 175000 68000 30000 50000 18000 7000 8000 35500 11000 45000 36000 20000 40000 10000 6000 37000 90000 15000 Required: (0) (11 Prepare petty cash book Show the personal ledger account Show the nominal ledger account Page 2 of 10 O words ng 108% 8:27 AM 8/20/2020 i Search Windows x

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