Question

From the following particulars, prepare a petty cash book for the month of June 2016.

$\begin{array}{ccc}\text{Date}& \text{Particulars}& \text{Amt (Rs)}\\ \text{June 1}& \text{Received petty cash}& 2,000\\ \text{June 3}& \text{Paid for postage}& 300\\ \text{June 5}& \text{Paid for telephone}& 40\\ \text{June 8}& \text{Paid for cartage}& 140\\ \text{June 9}& \text{Paid for postage}& 200\\ \text{June 12}& \text{Paid for sundries}& 100\\ \text{June 27}& \text{Paid for taxi fare}& 240\end{array}$

If the imprest amount is Rs 2,000, show what amount the petty cashier would be entitled to draw in the beginning of the next month.

Answer 1

$\text{Dr}\text{Petty Cash Book}\text{Cr}$