1.

Reimbursement was made at the first of the period

Petty Cash Book

Receipts Fol. Date Particulars Voucher Payment Stationery Postage Travelling Office Ledgers Fol.
No Expenses Expenses Account
RM 2015 RM RM RM RM RM RM
20.00 Jan 1 Balance b/d
180.00 CB1 1 Bank-Reimbursement
2 pencil 1 5.00 5.00
5 Petrol 2 2.00 2.00
10 Sugar and coffee 3 6.00 6.00
15 Stamps 4 10.00 10.00
19 Envelopes 5 8.00 8.00
20 Account Payable 6 12.00 12.00 PL
1.00 GL1 21 Sales of stamps
25 Accounts Receivable-Refund 7 4.00 4.00 SL
28 Hotel 8 20.00 20.00
67.00 13.00 10.00 22.00 6.00 16.00
31 Balance c/d 134.00 GL 1 GL 2 GL 3 GL 4
201.00 201.00
134.00 Feb 1 Balance b/d
66.00 CB1 1 Bank-Reimbursement
 Reimbursement was made at the end of the period
Petty Cash Book

Receipts Fol. Date Particulars Voucher Payment Stationery Postage Travelling Office Ledgers Fol.
No Expenses Expenses Account
RM 2015 RM RM RM RM RM RM
300.00 Jan 1 Balance b/d
2 pencil 1 5.00 5.00
5 Petrol 2 2.00 2.00
10 Sugar and coffee 3 6.00 6.00
15 Stamps 4 10.00 10.00
19 Envelopes 5 8.00 8.00
20 Account Payable 6 12.00 12.00 PL
1.00 GL1 21 Sales of stamps
25 Accounts Receivable-Refund 7 4.00 4.00 SL
28 Hotel 8 20.00 20.00
67.00 13.00 10.00 22.00 6.00 16.00
CB1 31 Bank-Reimbursement GL 1 GL 2 GL 3 GL 4
31 Balance c/d 300.00
367.00 367.00
300.00 Feb 1 Balance b/d
Petty Cash Book
● Petty Cash Book used for recording :
a. Small cash payment
● It has an impressive system. Imprest system means it has a fixed amount to spend.
● It has two reimbursement method :
a. First day (1/1)
b. Last day (31/12)
● Reimbursement amount depends on money spent.

Question 1 (First Day)

Edward keeps her petty cash book on the imprest system, the balance up to RM 400
monthly. Edward decided to reimburse his petty cash book on the first day of each month.
On 30 June 2020, the petty cash book balance was RM 50.15.

The petty cash book has 4 analysis column :

1. Postage and Stationery
2. Travelling Expenses
3. General Expenses
4. Ledger Accounts

The following transactions were extracted from Edward’s books :

July
01 Reimburse the balance of imprest system
02 Purchased stamps, RM 15
03 Paid for bus ticket, RM 60
06 Sales postage stamps to Zhengyu, RM 2
09 Donated to Chinese High School ,RM 50
14 Paid for stationery, RM 21
15 Edward withdrew RM 70 to buy a gift for his girlfriend,Yifei.
17 Paid for petrol, RM 17
29 Paid for coffee, RM 15
30 Paid for train ticket, RM 20
31 Paid for cleaning materials, RM 60

Required :
(1) Petty Cash Book
(2) All of the ledger accounts
Question 2 (Last Day)
Prolee operates his petty cash book on the imprest system. He makes the float up to RM
300 at the end of each month .

The analysis column :

1. Travelling Expenses
2. Cleaning Expenses
3. Postage and Stationery
4. Ledger Accounts

On 1 January 2020 , the petty cash book balance was reimbursed to RM 300 on 31
December 2019.

January
01 Paid for cleaning expenses, RM 23
02 Paid for bus ticket, RM 33
04 Paid for taxi fares, RM 20
06 Paid for envelopes, RM 7
07 Paid for petrol, RM 13
09 Received cash from woon, RM 20
10 Paid to beckham yong for exceed payment, RM 5
11 Paid for train ticket, RM 17
12 Paid for pens, RM 4
13 Paid for rail fares, RM 25
15 Paid for window cleaning, RM 10
16 Postage, RM 8
17 Zhengyu withdrew cash to buy party things, RM 50
19 Paid for cleaning expenses, RM 12
20 Travelling Expenses, RM 9
21 Envelopes, RM 3
22 Stamps, RM 10
25 Sold stamps to Shaoxuan, RM 3
28 Received refund from Edward, RM 3
31 Restore the money to RM 300.

You are required to write up :

(a) Petty cash book
(b) Ledger Accounts
Question 3
Yifei keeps her petty cash book on the imprest system. She makes up the balances up to
RM 250 on the first day of each month. On 31 January 2020, petty cash was RM 54,50.

The petty cash book has 3 analysis column:

(1) Postage and Stationery
(2) Travelling Expenses
(3) Office Expenses

The following transactions were dealt with the petty cashier :

February
01 Restored imprest,
03 Paid for stationery, RM 15.20
04 Paid for petrol, RM 25
06 Paid for envelopes, RM 3.20
07 Paid for petrol, RM 13
16 Received cash from Edward , RM 20
17 Paid for sugar, RM 3.8
20 Paid for train ticket, RM 17
29 Paid for pens, RM 4
March
01 Restored imprest
05 Paid for postage and stamps, RM 4.6
06 Tea, RM 5.8
07 Cleaning materials, RM 3.50
11 Taxi fare, RM 18.50
15 Received cash from sale of stationery, RM 4.5
19 Envelopes, RM 3
26 Stationery, RM 10
30 Petrol, RM 3
On 1 March, Yifei decided to reduce the reimbursement amount to RM 100.
Required :
(a) Petty cash book for two months
(b) Ledger accounts
Question 4 (2021 UEC)
Joey is a local trader recording her petty cash book on the imprest system. The monthly
cash float was fixed at RM 400 and the total amount of petty cash spent will be reimbursed
on the first day of each month. The information of the two months were given as follow :

2021
Aug Total Petty cash payment for the month were RM 368

Sept 05 Payment for ball point pens, erasers and marker pens, RM 38
08 Payment for petrol for delivery van, RM 95
10 Payment for office cleaning, RM 16
13 Postage , RM 40
15 Payment for motor van cleaning, RM 64
17 Joey withdrew petty cash for private use, RM 50
18 Courier charges for a parcel sent, RM 37
22 Payment for duplication of office key, RM 22
27 Payment for carriage outwards, RM 36
29 Received from trade creditors- overpayment refunded, RM 18.

The company practised a numbering system for all payment vouchers. The serial number for
the first payment transaction will commence with NO. 101

You are required :

(a) Draw up a petty cash book for September and show reimbursement on 1 October
2021.
(b) Post the following accounts to the ledger accounts