Question

Jay has started with$₹300$ petty cash and has vouchers of$₹165$.

How much cash should Jay have in the petty cash box.

Answer 1

Calculating the amount of money Jay has left with in the petty cash box

Initial amount of Money in petty cash box$=₹300$

Money spent into vouchers$=₹165$

Money left in the petty cash box now $=$ Initial money in petty cash box $-$ Money spent on vouchers

$\Rightarrow$Money left in the petty cash box now$=300-165=₹135$

$\therefore$Jay has$₹135$ in the petty cash box.