Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please show all workings thank you Question 3 - Petty Cash Write up a petty cashbook and bring down the balances at the end of

image text in transcribed

please show all workings thank you

Question 3 - Petty Cash Write up a petty cashbook and bring down the balances at the end of the period. Cash of $8000 deposited to petty cash April 1 account from cash book 3 3 Wages of $160 paid to casual labourer Stamps were bought for $200 4 6 Floor polish bought for $150 Office worker paid bus fare of $170 to travel to a 7 special meeting 11 9 Painter was paid wages of $230 for repainting walls in the bathroom Office worker paid bus fare of $350 to travel to special meeting 14 Paper bought at a cost of $240 for general office purposes 16 Bought brushes for $460 clean floors of the bathrooms and steps. 19 Ink bought for office use of $400 Paid a creditor Thomas Cook $460 out of petty 22 cash 26 Pens bought for office use of $320 You are required to: I. Enter up the Petty Cash Book. II. Balance the Petty Cash Book at the end of April. III. Reimburse the petty cash with the imprest amount

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accountability Of Local Authorities In England And Wales, 1831-1935 Volume 1

Authors: Hugh Coombs, J. R. Edwards

1st Edition

1138965758, 9781138965751

More Books

Students also viewed these Accounting questions