Admirable Company had a petty cash fund which included the following details: Coins and currency 2,000 Paid vouchers Transportation Gasoline 600 400 Office supplies 500 Postage stamps Due from employees 300 1,200 3,000 Employee's check returned by bank marked "NSF" Check drawn to the order of of petty cash custodian What amount of petty cash should be reported? 1,000 4,000

Admirable Company had a petty cash fund which included the following details: Coins and currency 2,000 Paid vouchers Transportation Gasoline 600 400 Office supplies 500 Postage stamps Due from employees 300 1,200 3,000 Employee's check returned by bank marked "NSF" Check drawn to the order of of petty cash custodian What amount of petty cash should be reported? 1,000 4,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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4a
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