Assignment Number # 02 Question # 01 Al Hamd Group Prepare petty cash book from the following transactions. The impress amount is Rs.5,000 Date Expanses Details Amount Aug 01 Paid cartage 200 2020 03 03 OS 07 09 12 14 19 20 23 23 23 23 26 30 Parking charges Bus fare Postage Refreshment for employees Courier charges Refreshment of customer Cartage Tax fare to manager Stationery Bus fare Fax charges Telegrams charges Postage stamps Repair on furniture Miscellaneous expenses 500 50 100 350 250 400 600 700 900 60 35 70 100 700 2500 Note : Petty cash fund amount 20.000 PKR. Requirement 1. Maintain Patty cash Expanses. 2 Pass necessary general journal entries. Question # 02 Shazz Juices (pvt) Ltd purchased a plant on 16 May 2020 Rs 1500,000, its estimated scrap value Rs. 50,000, Estimated Life 10 years. "Note: The company's policy will change after two years. Now they will use the new policy. Requirements. 1) Calculate 5 years annual deprecation 1.1) Use Straight Line Method. 1.2) Use Declining Double Declining Method. 2) Pass adjustment entries each year. 3) Prepare Partial Balance sheet on dated 31 Dec 2023. 4) Draw result of Straight Line Method on Graphic. Assignment Number #02 Question #01 Al Hamd Group Prepare petty cash book from the following transactions. The impress amount is Rs.5,000. Date Expanses Details Amount Aug 01 2020 Paid cartage 200 03 Parking charges 500 03 Bus fare 50 OS Postage 100 07 Refreshment for employees 350 09 Courier charges 250 12 Refreshment of customer 400 14 Cartage 600 19 Tax fare to manager 700 20 Stationery 900 23 Bus fare 60 23 Fax charges 35 23 Telegrams charges 70 23 Postage stamps 100 26 Repair on furniture 700 30 Miscellaneous expenses 2500 Note : Petty cash fund amount 20,000 PKR. Requirement 1. Maintain Patty cash Expanses. 2. Pass necessary general journal entries. Question #02 Shazz Juices (pvt) Ltd purchased a plant on 16 May 2020 Rs 1500,000, its estimated scrap value Rs. 50,000, Estimated Life .10 years Note: The company's policy will change after two years. Now they will use the new policy. Requirements