Enter the following transactions in the petty cash book of Makavale stores for the month of July 2009 using the following analysis columns: Telephone and postage;...

      

Enter the following transactions in the petty cash book of Makavale stores for the month of
July 2009 using the following analysis columns: Telephone and postage; office
stationery, traveling expenses and office expenses. The business operates the petty cash book
on an imprest system of 4000/= replenished on weekly basis
July 1st – received a cheque from the cashier to start the imprest
1st – paid for taxi hire 250/= and 130/= for office cleaning
2nd – bought postage stamps for 210/= and a ball of string for use in the office 100/=
3rd – postage of a parcel cost 100/= and paid a telephone bill 900/=
4th – purchased envelopes for 150/= and one ream of photocopying paper 500/=
5th – paid for bus fare 500/= and made a telephone call costing 50/=
6th – purchased a window cleaning cream for 250/= and bus fare 200/=
8th – Received a cheque to replenish the imprest
8th – bought various office stationary for 400/=
9th – purchased postage stamps for 210/= and paid 950/ telephone bill
10th – paid train fare 600/= and taxi fare 250/=
11th – paid for office cleaning 150/=
12th – purchased two reams of writing paper 600/= and office dusters 300/=
14th – obtained a cheque from the cashier to replenish the imprest

Required:. Prepare the petty cash book for the two weeks

  

Answers


Kavungya
fig274420191051.png
fig284420191051.png
Kavungya answered the question on April 4, 2019 at 07:52


Next: State the three equations of linear motion.
Previous: Sketch a velocity-time graph for a body moving with zero acceleration

View More Business Studies Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions