Question: c) d) component. Explain two fundamental and Explain the concept of capital maintenance and the two main two enhancing qualities of accounting information. capital maintenance

 c) d) component. Explain two fundamental and Explain the concept of

c) d) component. Explain two fundamental and Explain the concept of capital maintenance and the two main two enhancing qualities of accounting information. capital maintenance concepts e) Discuss FOUR measurement bases for the elements of financial stat Question 2 ANIMAH Ventures operates a Petty Cash on the imprest system w ith a float of GHC600. Reimbursements ar made such thatash on hand does not fall below GHC72. Below is a summary of Petty Cash transactions for the period to 31 July, 2017. July I Received reimbursement by cheque from cashier July 3 Paid Wages July 5 Paid Rent and Rates July 7 Paid Wages and Salaries July 8 Paid Electricity July 11 Paid for transport July 12 Paid for transport July 13 Paid Wages July 14 Paid Rent and Rates July 15 Paid Wages July 17 Paid Koo Nimo a creditor in full July 18 Paid for transport July 19 Paid Electricity July 20 Paid K. Ansah a creditor July 21 Paid for transport July 25 Paid Rent and Rates July 29 Paid Wages and Salaries July 31 Paid for transport 504 180 i 08 288 84 Required: You are required to write-up the petty cashbook

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