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You have been asked to handle petty cash. You started with a clean petty cash log with a predetermined threshold of 7 5 % of
You have been asked to handle petty cash.
You started with a clean petty cash log with a predetermined threshold of of the balance fund. The balance in the fund was $ You paid out cash for the following items add these items to the appropriate section on the Petty Cash Log: April paid Stationery Store $ for a special drawing pen. April paid $ to the post office for stamps. April paid $ to the post office for postage and insurance for a package. April paid City Taxi $ to deliver a package to Airlift Freight office. April paid Staple Stampede Stores $ for three magazines for the reception area. April paid BJ Florist $ for a plant for Mr Anthonys office. April paid HomeDesigner Stores $ for fertilizer tablets for plants at the office.
April paid Rapid Courier $ to deliver a telegram.
B Does your petty cash need to be replenished? Give reasons for your answer.
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