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Please workout on the answer. I am new to accounting and hence, I would appreciate if you could give details on the answer. The following

Please workout on the answer. I am new to accounting and hence, I would appreciate if you could give details on the answer.

The following is a summary of the petty cash transactions for a week.

Income

$

Expenditure

$

Opening balance

500

Travelling expenses

150

Sale of stamps

10

Subsistence expenses

250

Sale of paper

50

Petty cash is maintained using the imprest system.

What sum should be reclaimed by the cashier at the end of the week?

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