Question 1 Samynathan is a trader. His financial year ends on 30 April. He maintains a cash account and a petty cash book. He allocates a petty cash imprest amount of RM120. All payments under RM90 are made from the petty cash. Samynathan had the following transactions in April 2020: 2020 April | The cash account has a debit balance of RM1,000 Petty cash imprest restored from the cash account 3 Paid Kenneth, a credit supplier, RM58 8 Elijah, a debtor, paid his account of RM350 by cash 11 Paid for taxi fare, RM14 15 Bought stationery, RM24 19 Paid for office expenses by cash, RM115 24 Paid for bus fare, RM9 27 Paid Ziningi, a creditor, RM585, by cash 28 Received cash for RM100 from a tenant for rent 29 Cash sales, RM820 Record these transactions in: a. Petty Cash Book. Use the following 3 headings: Travel, Stationery, Ledger Accounts. Balance the petty cash book on 30 April 2020 and carry down the balance. On 1 May 2020 restore the petty cash to the imprest amount. (10 marks) b. Cash Account. Close the account on 30 April 2020 and carry down the balance to 1 May 2020 (10 marks) (Total: 20 marks)