Tag: petty cash book
Questions Related to petty cash book
Petty cash book can be treated as _____________.
What is an analytical petty cash book?
Which of the following statements is incorrect?
If the debit and credit aspects of a transaction are recorded in the cash book it is a:
In petty cash book, the system followed ______________.
Where two aspects of transaction are posted in the cash book, such an entry is called _______________.
The balance in the petty cash book is ___________.
The following is the summary of the petty cash transactions for a week:
Income - Opening Balance - Rs. 500; Sale of Stamps - Rs. 10; Sale of Paper - Rs. 50
Expenditure - Travelling expenses - Rs. 150; Subsistence expenses - Rs. 250
Petty cash is maintained using the imprest system.
What sum should be reclaimed by the cashier at the end of the week ?
Impress amount -Rs. 500. what will be the amount of re-imbursement if following expenses were incurred by the petty cashier during the month-telephone = Rs. 150, Tiffin = Rs. 50, small Repairs. =Rs. 30 general expenses = Rs. 100.
On April 1st 2017, Rs. 1,000 given to petty cashier, he has spent Rs. 860 during the month of April. On June 1st to make the imprest he will receive the cheque for Rs. __________.