The following is a summary of the petty cash transactions of Jockfield Ltd for May 20X8. You
Question:
The following is a summary of the petty cash transactions of Jockfield Ltd for May 20X8.
You are required to:
(a) Rule up a suitable petty cash book with analysis columns for expenditure on cleaning, motor expenses, postage, stationery, travelling.
(b) Enter the month’s transactions.
(c) Enter the receipt of the amount necessary to restore the imprest and carry down the balance for the commencement of the following month.
(d) State how the double entry for the expenditure is completed.
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Related Book For 
Frank Woods Business Accounting Volume 1
ISBN: 9780273681496
10th Edition
Authors: Frank Wood, Alan Sangster
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