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Preparation of Petty Cash book - SS1 Accounting Past Questions and Answers - page 1

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The following transactions are to be entered into the petty cash book of ABC TECH for the month of July 2021.

                                                                                                                               ₦

July 1: Opening balance brought forward from June                                         9000

July 2: Purchased stationery supplies from a vendor                                         1000

July 5: Bought fuel for the company car                                                             4000

July 7: Paid for courier services for documents for                                             1500

July 10: Bought snacks for the office staff for                                                     1200

July 13: Paid for repairs to a broken office chair for                                              500

July 16: Purchased printer cartridges from a vendor for                                     3500

July 19:  Paid for internet subscription for the office for                                     6000

July 22: Paid for snacks and drinks for a client meeting for                                2500

July 24:  Paid for parking fees during a client visit for                                         2000

July 27: Bought water dispenser refills for the office for                                     1500

July 29: Paid for repair of a faulty electrical outlet in the office for                     1000

July 30:  Purchased printer paper from a vendor for                                           2000

 

Answer: 

Petty Cash Book for ABC TECH

For The Month of July 2021

Cash received

C.B Folio

Date

Particulars

V.N

Total

Postage and cartridge

Office 

Stationery

Travel

Utilities

Others  

9000

b/d

July 1

Balance 

               
   

July 2

Stationery 

 

1000

   

1000

     
   

July 5

Fuel  

 

4000

     

4000

   
   

July 7

Courier services

 

1500

     

1500

   
   

July 10

Snacks 

 

1200

         

1200

   

July 16

Printer cartridge

 

3500

3500

         
   

July 19

Internet  

 

6000

       

6000

 
   

July 22

Snacks and drinks

 

2500

         

2500

   

July 24

Parking fees

 

2000

     

2000

   
   

July 27

Water dispenser

 

1500

 

1500

       
   

July 29

Repairs 

 

1000

 

1000

       
   

July 30

Paper 

 

2000

   

2000

     
 

c/d

  July 31

Balance 

 

9000

           

35200

       

35200

3500

2500

3000

7500

6000

3700

9000

 

August 1

Balance 

               

26200

 

August 1

Bank balance

               

 

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