The petty cash balance at 30 November 20X9 was $25. The following transactions occurred during November 20X9: Biscuits were purchased at a cost of $7.25. 2 Travel expenses of $12.75 were reimbursed to an employee. 3 The cleaner was paid $15. What was the petty cash float at 1 November 20X9? A $25 B $60 $35 D $50

The petty cash balance at 30 November 20X9 was $25. The following transactions occurred during November 20X9: Biscuits were purchased at a cost of $7.25. 2 Travel expenses of $12.75 were reimbursed to an employee. 3 The cleaner was paid $15. What was the petty cash float at 1 November 20X9? A $25 B $60 $35 D $50

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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