Courses » SS1 » SS1 Accounting » Accounting Exam Topics » Preparation of Petty Cash book - Questions and Answers

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

 

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