Tumetoka Mbali Traders maintains a petty cash book on imprest system with a float of kshs. 18,000. Reimbursement is usually made on the first day...

      

Tumetoka Mbali Traders maintains a petty cash book on imprest system with a float of kshs. 18,000. Reimbursement is usually made on the first day of the week. The following payments were made on the first week of June 2012
June 1st: Received Shs. 2,000 for reimbursement
3rd :Bought stamps for shs. 400
4th :Bought stationery for shs. 1,000
5th : Bought sugar for shs. 580 and paid postage shs. 850
6th : Bought tealeaves for shs. 500 and stationery for shs. 650
7th : Paid ostrich a creditor shs. 5,500
7th :Received cash for reimbursement
Required;
Prepare a petty cash book duly balanced using the following analysis columns, stationery, postage, travelling, staff tea, miscellaneous and ledger accounts.

  

Answers


Kavungya
fig4226920191418.png
Kavungya answered the question on September 26, 2019 at 11:19


Next: Sometimes work is not done even if there is an applied force. Give a reason
Previous: A lorry weighing 6400kg is lifted with a jack screw of 11mm pitch. If the handle is 28cm from the screw

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


Exams With Marking Schemes

Related Questions