Count cc by ch
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Analysis to be and ledger
accounts. cash on 1 Seprember.
Sept 22
Sept 24 H. of staff
Sept 29 Postage
7.
13
12
This is the information for August 2007,
Aug 1 Bank balance
Petty cash balance
Au 2 Reimbursement to petty cashier by cheque which is cashed,
2.
2,745
28
restoring cash float
Aug 3 Petrol bought
Aug 5 Bank charges
Aug 6 Cheques received duly banked:
27
T. Grant (after cash discount $27)
C. Riley (after cash discount $20)
LL
Aug 9 Postage
Aug 11 Motor repairs
Aug 13 Motor spares
Aug 13 Paid the following:
121
247
F. Gordon (after cash discount $30)
P Clarke (after cash discount $16)
1,170
Aug 15 Envelopes bought
Aug 18 Drew cheque for wages
Aug 21 Received cheque from J. Franks to settle a debt of $2,947
Aug 22 Petrol bought
Aug 24 Postage
Aug 26 Copying paper bought
Aug 27 Paid V. Thomas to settle his account
Aug 28 Cleaning materials
Aug 29 Dog licence for guard dog
Aug 30 Paid rent
27
624
28
549
96
2,820
27
ppear in the ge
40
15
06
staff travellig
You are required to:
(a) write up and balance the cash book;
(b) write up the petty cash book, balancing down at the end of the month.
ysis columns to be for: motor expenses; postage and stationery; general expenses, ledger
accounts. The petty cash reimbursement takes place on 1 September.
your own folho
661
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