Account of the petty cash fund of Mack company showed its composition as follows: Coin and currency P13,200 Paid vouchers: Transportation 2,400 Gasoline 1,600 Office supplies 2,000 Postage stamps 1,200 Due from employees 4,800 Manager’s check returned by bank marked NSF 4,000 Check drawn by company to the order of petty cash custodian 10,800 What is the amount of the petty cash fund for balance sheet purposes?
Account of the petty cash fund of Mack company showed its composition as follows:
Coin and currency P13,200
Paid vouchers:
Transportation 2,400
Gasoline 1,600
Office supplies 2,000
Postage stamps 1,200
Due from employees 4,800
Manager’s check returned by bank marked NSF 4,000
Check drawn by company to the order of petty cash custodian 10,800
What is the amount of the petty cash fund for
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