Please help me out with this question Harini's business has the following details.* Petty cash imprest of Rs. 3 000* Total payment for petty cash expenses for the month of January 20xx is Rs. 2 400.* Petty cash expenses were reimbursed on 01.02.20xx and 01.03.20xxPetty cash expenses for the month of February 20xx are as follows.DateDescription03.02.20xxStationeries bought6005.02.20xxTravelling expenses125Two pens were boughtTrishow charges08.02.20xx4012.02.20xx30015.02.20xxBought two cakes of soap60Bought half-sheetsCleaning expensesEntertainment expense18.02.20xx25023.02.20xx15024.02.20xx35025.02.20xxFor soft drinks22026.02.20xxBus fare17027.02.20xxPaid to Viran500 Required :-01. Prepare a petty cash book that is based on the imprest system by limitingto four analysis columns and balance it as at 28.02.20xx.02. Prepare the relevant ledger accounts.

A type of cash book which is maintained to record small routine expenses such as postal, stationery,…

Harini's business has the following details. * Petty cash imprest of Rs. 3 000 * Total payment for petty cash expenses for the month of January 20xx is Rs. 2 400. * Petty cash expenses were reimbursed on 01.02.20xx and 01.03.20xx Petty cash expenses for the month of February 20xx are as follows. Date Description 03.02.20xx Stationeries bought 60 Travelling expenses Two pens were bought Trishow charges 05.02.20xx 125 08.02.20xx 40 12.02.20xx 300 15.02.20xx Bought two cakes of soap 60 Bought half-sheets Cleaning expenses 18.02.20xx 250 23.02.20xx 150 24.02.20xx Entertainment expense 350 25.02.20xx For soft drinks 220 26.02.20xx Bus fare 170 27.02.20xx Paid to Viran 500

Harini's business has the following details. * Petty cash imprest of Rs. 3 000 * Total payment for petty cash expenses for the month of January 20xx is Rs. 2 400. * Petty cash expenses were reimbursed on 01.02.20xx and 01.03.20xx Petty cash expenses for the month of February 20xx are as follows. Date Description 03.02.20xx Stationeries bought 60 Travelling expenses Two pens were bought Trishow charges 05.02.20xx 125 08.02.20xx 40 12.02.20xx 300 15.02.20xx Bought two cakes of soap 60 Bought half-sheets Cleaning expenses 18.02.20xx 250 23.02.20xx 150 24.02.20xx Entertainment expense 350 25.02.20xx For soft drinks 220 26.02.20xx Bus fare 170 27.02.20xx Paid to Viran 500

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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