Required: You are required to write-up the petty cashbook.
AMMAH Ventures operates a Petty Cash on the imprest system with a float of GHC600. Reimbursements are made such that cash on hand does not fall below GHC72. Below is a summary of Petty Cash transactions for the period to 31 July, 2017
|
|
|
GH Cedis |
|
July 1 |
Received reimbursement by cheque from cashier |
504 |
|
July 3 |
Paid Wages |
204 |
|
July 5 |
Paid Rent and Rates |
90 |
|
July 7 |
Paid Wages and Salaries |
180 |
|
July 8 |
Paid Electricity |
51 |
|
July 11 |
Paid for transport |
18 |
|
July 12 |
Paid for transport |
24 |
|
July 13 |
Paid Wages |
108 |
|
July 14 |
Paid Rent and Rates |
33 |
|
July 15 |
Paid Wages |
132 |
|
July 17 |
Paid Koo Nimo a creditor |
110 |
|
July 18 |
Paid for transport |
60 |
|
July 19 |
Paid Electricity |
15 |
|
July 20 |
Paid K. Ansah a creditor |
24 |
|
July 21 |
Paid for transport |
21 |
|
July 25 |
Paid Rent and Rates |
108 |
|
July 29 |
Paid Wages and Salaries |
288 |
|
July 31 |
Paid for transport |
84 |
Required:
You are required to write-up the petty cashbook.
Step by step
Solved in 2 steps
