N4 Introductory Financial Accounting | Student Book
Activity 6.11
Simon Adams owns a small finance business. His business, AS Finances, is registered as a VAT vendor. The following petty cash transactions took place during February 20.1. All the amounts are inclusive of VAT.
Required
Complete the Petty Cash Journal for AS Finances for February 20.1 and post to the General Journal.
DATE 01 Feb DETAILS Bought envelopes from Webb Stationers 05 Feb Bought milk from Spar
08 Feb Paid wages for cleaning staff 17 Feb Fuel for business car
23 Feb Bought flowers for sick staff member 28 Feb Paid Office Com for repair of computer
PETTY CASH VOUCHER NUMBER
21 22 23 24 25 26
AMOUNT
R55,00 R45,00 R80,00 R80,00 R90,00 R65,00
Activity 6.12
You are requested to draft the Petty Cash Account for March 20.1 in the books of The X-Factor. The following information was given: 1. An imprest amount of R1 000 is kept in the petty cash. 2. The balance of the petty cash account on 1 March 20.1 was R300. 3. On 1 March 201.. you received an amount from the cashier to reimburse the imprest amount.
4. You received R600 from the cashier on 15 March 20.1. 5. The total of the petty cash payments amounted to R1 400 during March 20.1. 6. You received an amount from the chief cashier on 30 March 20.1 to reimburse the imprest amount.
Activity 6.13
You are requested to draw up the Petty Cash Account for September 20.1 in the books of C & L Mat.
The following information was provided: 1. An imprest amount of R600 is kept in the petty cash. 2. The balance of the petty cash account on 1 September 20.1 was R100. 3. On 1 September 20.1 you received an amount from the cashier to reimburse the imprest amount.
4. You received R200 from the chief cashier on 15 September 20.1. 5. The total of the petty cash payments amounted to R750 during September 20.1. 6. You received an amount from the chief cashier on 31 September 20.1 to reimburse the imprest amount.
98
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136 |
Page 137 |
Page 138 |
Page 139 |
Page 140 |
Page 141 |
Page 142 |
Page 143 |
Page 144 |
Page 145 |
Page 146 |
Page 147 |
Page 148 |
Page 149 |
Page 150 |
Page 151 |
Page 152 |
Page 153 |
Page 154 |
Page 155 |
Page 156 |
Page 157 |
Page 158 |
Page 159 |
Page 160 |
Page 161 |
Page 162 |
Page 163 |
Page 164 |
Page 165 |
Page 166 |
Page 167 |
Page 168 |
Page 169 |
Page 170 |
Page 171 |
Page 172 |
Page 173 |
Page 174 |
Page 175 |
Page 176 |
Page 177 |
Page 178 |
Page 179 |
Page 180 |
Page 181 |
Page 182 |
Page 183 |
Page 184 |
Page 185 |
Page 186 |
Page 187 |
Page 188 |
Page 189 |
Page 190 |
Page 191 |
Page 192 |
Page 193 |
Page 194 |
Page 195 |
Page 196 |
Page 197 |
Page 198 |
Page 199 |
Page 200 |
Page 201 |
Page 202
