The Oakhill Printing Co. Ltd operates its petty cash account on the imprest system. It is maintained
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Required
Open and post the company's petty cash account for the period 1 May to 1
June 20X3 inclusive and balance the account at 30 May 20X3. In order to facilitate the subsequent double-entry postings, all items of expense appearing in the 'payments' column should then be analysed individually into suitably labelled expense columns.
Transcribed Image Text:
1 May 1 May Bus fares 2 May Siationery 4 Moy Bus fores 7Moy Postoge stamps Cash received to restore imprest to be derived 2.35 0.30 May Trode joumal 0.95 0.64 8 Masfares 11 May Correcting fuid 12 Mo 14 May Parcel po 15 MayPuper clips 15 May 16 MoyPhotocopier repair 19 May Postoge stamps 20 May Drawing pins 21 May Troin fare 22 May 23 May Display decorations 23 May Comecting fuid 25 Mayng paper 27 May 27Моу 27May Printer ink cartridge 5.42 345 0.42 2.00 16.80 sfage Newspapens 0.38 5.40 5.63 3.07 Photocopier paper 0.78 0.75 0.46 ro pens Replacement laser mouse Bus fares Cash received to restore imprest 2.09 to be derived 30 May 1 June
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Related Book For
Introduction To Financial Accounting
ISBN: 978-0077138448
7th edition
Authors: Anne Marie Ward, Andrew Thomas
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