Beechfield Ltd make use of a petty cash book as part of their bookkeeping system. The...

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Beechfield Ltd make use of a petty cash book as part of their bookkeeping system. The following is a summary of the petty cash transactions for the month of November 20X9. 1 Nov. 2 Nov. 3 Nov. 6 Nov. 8 Nov. 10 Nov. 14 Nov. 15 Nov. 16 Nov. 20 Nov. 21 Nov. 23 Nov. 27 Nov. 29 Nov. 30 Nov. Opening petty cash book float received from cashier Cleaning materials Postage stamps Envelopes Taxi fare Petrol for company car Typing paper Cleaning materials Bus fare Visitors' lunches Mops and brushes for cleaning Postage stamps Envelopes Visitors' lunches Photocopying paper $ 350 5 10 12 32 17 25 4 2 56 41 35 12 30 40 You are required to draw up a petty cash book for the month using analysis columns for stationery, cleaning, entertainment, travelling and postages. Show clearly the receipt of the amount necessary to restore the float and the balance brought forward for the start of the following month. Beechfield Ltd make use of a petty cash book as part of their bookkeeping system. The following is a summary of the petty cash transactions for the month of November 20X9. 1 Nov. 2 Nov. 3 Nov. 6 Nov. 8 Nov. 10 Nov. 14 Nov. 15 Nov. 16 Nov. 20 Nov. 21 Nov. 23 Nov. 27 Nov. 29 Nov. 30 Nov. Opening petty cash book float received from cashier Cleaning materials Postage stamps Envelopes Taxi fare Petrol for company car Typing paper Cleaning materials Bus fare Visitors' lunches Mops and brushes for cleaning Postage stamps Envelopes Visitors' lunches Photocopying paper $ 350 5 10 12 32 17 25 4 2 56 41 35 12 30 40 You are required to draw up a petty cash book for the month using analysis columns for stationery, cleaning, entertainment, travelling and postages. Show clearly the receipt of the amount necessary to restore the float and the balance brought forward for the start of the following month.

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Solution Debit Date 350 1 Nov 321 671 2 Nov 3 Nov 6 Nov 8 Nov 10 Nov 14 Nov 15 Nov 1... View the full answer