Menon uses the Imprest system for its petty cash being an imprest of RM350. Balanced the account at 30 April 2020 and show the amount of cash drawn from the bank to restore the imprest on 1 May 2022. 2022 April 1 Balance brought forward 1 4 6 10 12 15 16 18 20 23 25 28 30 Drew cash from bank to restore the imprest Postage stamps Bus fare reimbursed 9 Petrol Stationery Bus fare Paid RM 16 to Peter.- this was to refund an overpayment on his account Stamps Motor vehicle repairs Stationery Petrol Miscellaneous Parcel post charges Travelling expenses RM 155 ? 20 25 38 2 30 35 47 28 17 19 38 15 Required: Draw up Menon's petty cash book, using the following analysis columns: postage; travelling expenses; motor vehicle expenses; stationery; sundry expenses.
Menon uses the Imprest system for its petty cash being an imprest of RM350. Balanced the account at 30 April 2020 and show the amount of cash drawn from the bank to restore the imprest on 1 May 2022. 2022 April 1 Balance brought forward 1 4 6 10 12 15 16 18 20 23 25 28 30 Drew cash from bank to restore the imprest Postage stamps Bus fare reimbursed 9 Petrol Stationery Bus fare Paid RM 16 to Peter.- this was to refund an overpayment on his account Stamps Motor vehicle repairs Stationery Petrol Miscellaneous Parcel post charges Travelling expenses RM 155 ? 20 25 38 2 30 35 47 28 17 19 38 15 Required: Draw up Menon's petty cash book, using the following analysis columns: postage; travelling expenses; motor vehicle expenses; stationery; sundry expenses.
Chapter1: Financial Statements And Business Decisions
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Menon uses the Imprest system for its petty cash being an imprest of RM350. Balanced the
account at 30 April 2020 and show the amount of cash drawn from the bank to restore the
imprest on 1 May 2022.
2022
April 1 Balance brought forward
1
4
6
10
12
15
Drew cash from bank to restore the imprest
Postage stamps
Bus fare reimbursed
9
Petrol
Stationery
Bus fare
Paid RM 16 to Peter.- this was to refund an
overpayment on his account
16
Stamps
18 Motor vehicle repairs
20
Stationery
23
Petrol
25
Miscellaneous
28
Parcel post charges'
30 Travelling expenses
RM
155
?
20
25
38
2
.
30
35
47
28
17
19
38
15
Required:
Draw up Menon's petty cash book, using the following analysis columns: postage; travelling
expenses; motor vehicle expenses; stationery; sundry expenses.
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