Prepare the Petty Cash Book for the month of March: 

1. Record the establishment of the Petty Cash Float in the Petty Cash Book 

2. Record the Petty Cash Payment Vouchers in the Petty Cash Book 

3. Balance the Petty Cash Book for the month of August 

4. Record the reimbursement of the Petty Cash Book 

 

Transcribed Image Text:

The following information has been extracted from Petty Cash vouchers for the month of March: Date March 1 3 5 7 9 15 20 25 31 Petty Cash Voucher 001 002 003 004 005 006 007 Details A petty cash float of $300 was established, cheque number 101 Purchased stationery for use in the business $44.00 includes GST Cash to purchase Milk $2.00 Reimbursed a staff member Bus fare $9.90 includes GST Reimbursed a staff member Taxi Fare $82.50 includes GST Purchased cleaning products from supermarket $14.30 includes GST Reimbursed a staff member for stationery $49.50 includes GST Reimbursed a staff member Taxi Fare $89.10 includes GST Balanced Petty Cash and reimbursed Petty Cash Float cheque number 136 The following information has been extracted from Petty Cash vouchers for the month of March: Date March 1 3 5 7 9 15 20 25 31 Petty Cash Voucher 001 002 003 004 005 006 007 Details A petty cash float of $300 was established, cheque number 101 Purchased stationery for use in the business $44.00 includes GST Cash to purchase Milk $2.00 Reimbursed a staff member Bus fare $9.90 includes GST Reimbursed a staff member Taxi Fare $82.50 includes GST Purchased cleaning products from supermarket $14.30 includes GST Reimbursed a staff member for stationery $49.50 includes GST Reimbursed a staff member Taxi Fare $89.10 includes GST Balanced Petty Cash and reimbursed Petty Cash Float cheque number 136

Answer rating: 100% (QA)

1 Record the establishment of the Petty Cash Float in the Petty Cash Book Date Petty Cash Details Vo... View the full answer