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