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Section III: Short Answer. Answer the following questions. 21. T. Grant maintains a Petty cash book with an imprest of $150. The following information summarises
Section III: Short Answer. Answer the following questions. 21. T. Grant maintains a Petty cash book with an imprest of $150. The following information summarises the vouchers received and paid by the petty cashier in the firm of T. Grant during the month of November. Nov. 1 Nov. 5 Nov. 10 Nov. 13 Nov. 17 Nov. 20 Nov. 22 Nov. 28 Postage stamps Envelopes Messenger's taxi fare Mop, broom Sugar, juice, tea bags Salesman's Cleaning supplies Pens $12.75 $6.85 $3.50 $25.80 $18.65 $20.00 $8.90 $30.00 gas bill a) Write-up the petty cash book of T. Grant from the above information. Use 4 analysis columns, postage and stationery, travelling expenses, cleaning supplies, and sundries. (15 pts.) b) Balance and restore the imprest at the end of the month. (5 pts.)
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