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Business, 07.04.2021 08:50 theworld58

Operates an imprest system of petty cash. It uses K100 as a float to operate this imprest system. From the following petty cash transactions, you are required;
1. to post the transactions to the petty cash book table and
2. balance the cash book and show the reimbursement cheque amount in the petty cash book.
2021
Feb 1
2
7
12
Transactions
Received K100 for petty cash
Paid bus fare
Paid cartage
Paid for postage
Paid for stationary
Bus fare
Cartage
Postage
Refreshment to customers
K
K100
0,50
2.50
5.00
4.00
1.00
4.00
7.00
5.00
19
21
27
27
28
Use this petty cash book format and expense classifications below.
Petty cash book
Receipts Date
K
Particulars
Stationery Postage Sundries
Total Conveyance Cartage
K
K
K
K
K
K​

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Operates an imprest system of petty cash. It uses K100 as a float to operate this imprest system. F...
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