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QUESTION ONE
Olga Lewis keeps her Petty Cash on the Imprest system. Her imprest amount for the
month of June 2022 is $600.00. Her Petty Cash transactions were as follows:
2001 May 31st Petty Cash in Hand $ 18.00
June 01 Petty Cash restored to the imprest
June 04 Stamps bought 60.00
June 07 Stationery 36.00
June 08 Janitor’s Wages 45.00
June 14 Bought Stamps 60.00
June 18 Stationery 84.00
June 19 Janitor’s Wages 45.00
June 29 Taxi Fare 48.00
Stationery 30.00
June 30 Minor Repairs 60.00
Electricity 45.00
Telephone 78.00
Source: Principles
of Accounts CSEC
Past Paper
May/June 2003.
Paper 02
4TH FORM PRINCIPLES OF ACCOUNTS OPEN BOOK QUIZ
ANSWER SHEET: Petty Cash Book Pt 2| Past Paper Practice| CSEC Principles of Accounts
Tutorial with Serain Jackson. - YouTube