Literature is a bookstore which buys and sells a variety of books and magazines. The business is a registered VAT vendor, and it is the policy of the business to buy only from other vendors who can provide tax invoices. September 2023 is the business's first month of trading. The bookkeeper has the following petty cash vouchers on file for the month. September 2023: list of petty cash vouchers Day Details Doc. no. Reason 3 Chemren Stationery PC1 Business stationery 5 Forsman's Garage PC2 Petrol for the delivery van 6 Grocery Mall PC3 Tea, coffee and sugar for staff 24 Chemren Stationery PC4 Business stationery 25 Forsman's Garage PC5 R 185.00 of this amount was for 30 John Penn PC6 petrol, and the remainder was for repairs to the business vehicle Part-time wages Amount paid (R) 400 280 806 334 1 480 1 500
Literature is a bookstore which buys and sells a variety of books and magazines. The business is a registered VAT vendor, and it is the policy of the business to buy only from other vendors who can provide tax invoices. September 2023 is the business's first month of trading. The bookkeeper has the following petty cash vouchers on file for the month. September 2023: list of petty cash vouchers Day Details Doc. no. Reason 3 Chemren Stationery PC1 Business stationery 5 Forsman's Garage PC2 Petrol for the delivery van 6 Grocery Mall PC3 Tea, coffee and sugar for staff 24 Chemren Stationery PC4 Business stationery 25 Forsman's Garage PC5 R 185.00 of this amount was for 30 John Penn PC6 petrol, and the remainder was for repairs to the business vehicle Part-time wages Amount paid (R) 400 280 806 334 1 480 1 500
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 5EA: Catherines Cookies has a beginning balance in the Accounts Payable control total account of $8,200....
Related questions
Question
Required:
Draw up the petty cash journal for the month with analysis columns for petty cash, input VAT, stationery,
petrol and sundries.
Use the below table format and round off answers to the nearest rand.
Show all calculations.
![Literature is a bookstore which buys and sells a variety of books and magazines. The business is a
registered VAT vendor, and it is the policy of the business to buy only from other vendors who can provide
tax invoices. September 2023 is the business's first month of trading.
The bookkeeper has the following petty cash vouchers on file for the month.
September 2023: list of petty cash vouchers
Day
Details
Doc. no.
Reason
3
Chemren Stationery
PC1
Business stationery
5
Forsman's Garage
PC2
Petrol for the delivery van
6
Grocery Mall
PC3
Tea, coffee and sugar for staff
24
Chemren Stationery
PC4 Business stationery
25
Forsman's Garage
PC5
R 185.00 of this amount was for
30
John Penn
PC6
petrol, and the remainder was for
repairs to the business vehicle
Part-time wages
Amount paid (R)
400
280
806
334
1 480
1 500](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F55e6fc47-d22b-430c-bfc3-404b62344de2%2F0aada9a7-9ea1-4962-81bc-e7280302cc5d%2F7e9mt0s_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Literature is a bookstore which buys and sells a variety of books and magazines. The business is a
registered VAT vendor, and it is the policy of the business to buy only from other vendors who can provide
tax invoices. September 2023 is the business's first month of trading.
The bookkeeper has the following petty cash vouchers on file for the month.
September 2023: list of petty cash vouchers
Day
Details
Doc. no.
Reason
3
Chemren Stationery
PC1
Business stationery
5
Forsman's Garage
PC2
Petrol for the delivery van
6
Grocery Mall
PC3
Tea, coffee and sugar for staff
24
Chemren Stationery
PC4 Business stationery
25
Forsman's Garage
PC5
R 185.00 of this amount was for
30
John Penn
PC6
petrol, and the remainder was for
repairs to the business vehicle
Part-time wages
Amount paid (R)
400
280
806
334
1 480
1 500
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