Shilpa is a sole trader. She pays all receipts into the bank at the end of each day’s trading and all payments are made by cheque, except for those less than $20 which are regarded as petty cash items.
She provided the following information:
a. Write up the petty cash book for the week ended 28 February 20–9. Use analysis columns for refreshments, cleaning, motor expenses and ledger accounts. Balance the book on 27 February 20–9 and restore the imprest on 28 February 20–9.
b. Write up the cash book for the week ended 28 February 20–9.Balance the book at 28 February 20–9 (after the restoration of the petty cash imprest).
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