Petty Cash Book Questions And Answers Pdf

Question 2 list the types of entries in the petty cash.

Petty cash book questions and answers pdf. Petty cash book 14 4 1 simple cash book a simple cash book is prepared like any ordinary account. Required a state one advantage of the imprest system of petty cash. Petty cash book a i and ii b i and iii c ii and iii d iii and iv 5.

Recording of transactions ii petty cash book solutions this page contains the cbse accountancy class 11 chapter recording of transactions ii notes. Paid for stationery rs. The receipts are recorded in the dr side and the payments are recorded in the cr side of the cash book.

The true bank balance shown in the balance sheet comes from a adjusted cash book b bank statement c petty cash book d cash flow statement answers 1. On 30 september 2010 there was 20 in the petty cash box and vouchers for expenses totalling 270. Petty cash book is a type of cash book that is used to record minor regular expenditures such as office teas bus fares fuel newspapers cleaning pins and causal labor etc.

You can find the questions answers solutions for the chapter 4 of cbse class 11 accountancy in this page. In most cases the petty cash book is an actual ledger book rather than a computer record. Required c i state the amount of cash there should have been in the petty cash box.

Briefly describe when the petty cash fund should be replenished. Paid for carriage rs. Prepare petty cash book on imprest system from the following particulars for minha shukat ltd.

Petty cash vouchers freight in postage balloons for a special occasion meals. Thus the book is part of a manual record keeping system. Paid for printing charges rs.