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Question
Complete the following sentence:
Petty Cash Book is used for recording ______ expenses.
Solution
Petty cash book is used for recording petty expenses.
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RELATED QUESTIONS
Answer the following question in one sentence:
State the meaning of Imprest System of Petty Cash Book.
Do you agree with the following statement:
Petty Cash Book is a book having a record of big payments.
The balance in the petty cash book is ______.
Petty cash may be used to pay ______.
Small payments are recorded in a book called ______.
Prepare analytical petty cash book from the following particulars under imprest system:
2017 July |
₹ | |
1 | Received advance form cashier | 2,000 |
7 | Paid for writing pads and registers | 100 |
8 | Purchased white papers | 50 |
10 | Paid auto charges | 200 |
15 | Paid wages | 300 |
18 | Postal charges | 100 |
21 | Purchased stationery | 450 |
23 | Tea expenses | 60 |
25 | Paid for speed post | 150 |
27 | Refreshment expenses | 250 |
31 | Paid for carriage | 150 |
Write the advantages of maintaining petty cash book.
Opening Petty Cash Balance | Petty Cash Received | Petty Expenses Paid | Closing Petty Cash Balance | |||
250 | + | 1,750 | - | ? | = | 420 |
Opening Petty Cash | Petty Cash Received | Petty Expenses Paid | Closing Petty Cash Balance | |||
400 | + | ? | - | 1,800 | = | 250 |
Opening Petty Cash Balance | Petty Cash Received | Petty Expenses Paid | Closing Petty Cash Balance | |||
? | + | 1,800 | - | 2,250 | = | 150 |
Prepare Analytical Petty Cash Book from the following transactions in the books of Swarali General Stores, Kolhapur. The imprest amount is ₹ 1,500 received from the main cashier.
2018 January | Amt (₹) | |
01 | Paid Cartage | 50 |
02 | Telephone Charges | 40 |
02 | Bus Fare | 20 |
03 | Postage | 30 |
04 | Refreshment to Employees | 80 |
06 | Courier Charges | 30 |
08 | Refreshment to Customers | 50 |
10 | Cartage | 35 |
15 | Taxi Fare to Manager | 70 |
18 | Purchased Stationery | 65 |
20 | Bus Fare | 10 |
22 | Xerox Charges | 30 |
25 | Internet Charges | 35 |
27 | Postage Stamps | 200 |
29 | Repair on Furniture | 105 |
30 | Cleaning Expenses | 115 |
31 | Miscellaneous Expenses | 100 |
From the following information prepare Columnar Petty Cash Book kept on imprest system in the books of Manisha Books Stall, Beed.
2018 April | Amt (₹) | |
01 | Opening petty cash balance | 200 |
02 | Received a bearer cheque to make up the imprest amount | 1,200 |
03 | Gave a tip to peon | 40 |
04 | Purchased stationery | 150 |
05 | Paid Taxi Fare | 35 |
06 | Purchased Stamp pad | 140 |
07 | Paid Cartage | 40 |
08 | Paid Bus Fare | 30 |
11 | Paid to sweeper | 50 |
13 | Purchased a box of pencils | 40 |
14 | Paid Mobile charges | 35 |
15 | Gave it to Sohan on account | 250 |
19 | Paid for Refreshment to staff | 150 |
20 | Paid Railway Fare | 30 |
21 | Paid Carriage | 65 |
From the following information prepare Columnar Petty Cash Book kept on imprest system in the books of Manisha Books Stall, Beed.
2018 April | Amt (₹) | |
01 | Opening petty cash balance | 200 |
02 | Received a bearer cheque to make up the imprest amount | 1,200 |
03 | Gave a tip to peon | 40 |
04 | Purchased stationery | 150 |
05 | Paid Taxi Fare | 35 |
06 | Purchased Stamp pad | 140 |
07 | Paid Cartage | 40 |
08 | Paid Bus Fare | 30 |
11 | Paid to sweeper | 50 |
13 | Purchased a box of pencils | 40 |
14 | Paid Mobile charges | 35 |
15 | Gave it to Sohan on account | 250 |
19 | Paid for Refreshment to staff | 150 |
20 | Paid Railway Fare | 30 |
21 | Paid Carriage | 65 |
From the following information prepare Columnar Petty Cash Book kept on imprest system in the books of Manisha Books Stall, Beed.
2018 April | Amt (₹) | |
01 | Opening petty cash balance | 200 |
02 | Received a bearer cheque to make up the imprest amount | 1,200 |
03 | Gave a tip to peon | 40 |
04 | Purchased stationery | 150 |
05 | Paid Taxi Fare | 35 |
06 | Purchased Stamp pad | 140 |
07 | Paid Cartage | 40 |
08 | Paid Bus Fare | 30 |
11 | Paid to sweeper | 50 |
13 | Purchased a Box of pencils | 40 |
14 | Paid Mobile charges | 35 |
15 | Gave to Sohan on account | 250 |
19 | Paid for Refreshment to staff | 150 |
20 | Paid Railway Fare | 30 |
21 | Paid Carriage | 65 |
From the following information prepare Columnar Petty Cash Book kept on imprest system in the books of Manisha Books Stall, Beed.
2018 April | Amount (₹) | |
01 | Opening petty cash balance | 200 |
02 | Received a bearer cheque to make up the imprest amount | 1,200 |
03 | Gave a tips to peon | 40 |
04 | Purchased stationery | 150 |
05 | Paid Taxi Fare | 35 |
06 | Purchased Stamp pad | 140 |
07 | Paid Cartage | 40 |
08 | Paid Bus Fare | 30 |
11 | Paid to sweeper | 50 |
13 | Purchased a Box of pencils | 40 |
14 | Paid Mobile charges | 35 |
15 | Gave to Sohan on account | 250 |
19 | Paid for Refreshment to staff | 150 |
20 | Paid Railway Fare | 30 |
21 | Paid Carriage | 65 |
From the following information, prepare a columnar petty cash book kept on the imprest system in the books of Manisha Books Stall, Beed.
2018 April | Amt. (₹) | |
01 | Opening petty cash balance | 200 |
02 | Received a bearer cheque to make up the imprest amount | 1,200 |
03 | Gave a tips to peon | 40 |
04 | Purchased stationery | 150 |
05 | Paid Taxi Fare | 35 |
06 | Purchased Stamp pad | 140 |
07 | Paid Cartage | 40 |
08 | Paid Bus Fare | 30 |
11 | Paid to sweeper | 50 |
13 | Purchased a Box of pencils | 40 |
14 | Paid Mobile charges | 35 |
15 | Gave to Sohan on account | 250 |
19 | Paid for Refreshment to staff | 150 |
20 | Paid Railway Fare | 30 |
21 | Paid Carriage | 65 |
From the following information prepare Columnar Petty Cash Book kept on imprest system in the books of Manisha Books Stall, Beed.
2018 April | Amt (₹) | |
01 | Opening petty cash balance | 200 |
02 | Received a bearer cheque to make up the imprest amount | 1,200 |
03 | Gave a tips to peon | 40 |
04 | Purchased stationery | 150 |
05 | Paid Taxi Fare | 35 |
06 | Purchased Stamp pad | 140 |
07 | Paid Cartage | 40 |
08 | Paid Bus Fare | 30 |
11 | Paid to sweeper | 50 |
13 | Purchased a Box of pencils | 40 |
14 | Paid Mobile charges | 35 |
15 | Gave to Sohan on account | 250 |
19 | Paid for Refreshment to staff | 150 |
20 | Paid Railway Fare | 30 |
21 | Paid Carriage | 65 |
From the following information prepare Columnar Petty Cash Book kept on imprest system in the books of Manisha Books Stall, Beed.
2018 April | Amt (₹) | |
01 | Opening petty cash balance | 200 |
02 | Received a bearer cheque to make up the imprest amount | 1,200 |
03 | Gave a tips to peon | 40 |
04 | Purchased stationery | 150 |
05 | Paid Taxi Fare | 35 |
06 | Purchased Stamp pad | 140 |
07 | Paid Cartage | 40 |
08 | Paid Bus Fare | 30 |
11 | Paid to sweeper | 50 |
13 | Purchased a Box of pencils | 40 |
14 | Paid Mobile charges | 35 |
15 | Gave to Sohan on account | 250 |
19 | Paid for Refreshment to staff | 150 |
20 | Paid Railway Fare | 30 |
21 | Paid Carriage | 65 |
From the following information prepare Columnar Petty Cash Book kept on imprest system in the books of Manisha Books Stall, Beed.
2018 April | Amt (₹) | |
01 | Opening petty cash balance | 200 |
02 | Received a bearer cheque to make up the imprest amount | 1,200 |
03 | Gave a tips to peon | 40 |
04 | Purchased stationery | 150 |
05 | Paid Taxi Fare | 35 |
06 | Purchased Stamp pad | 140 |
07 | Paid Cartage | 40 |
08 | Paid Bus Fare | 30 |
11 | Paid to sweeper | 50 |
13 | Purchased a Box of pencils | 40 |
14 | Paid Mobile charges | 35 |
15 | Gave to Sohan on account | 250 |
19 | Paid for Refreshment to staff | 150 |
20 | Paid Railway Fare | 30 |
21 | Paid Carriage | 65 |
From the following information prepare Columnar Petty Cash Book kept on imprest system in the books of Manisha Books Stall, Beed.
2018 April | Amount (₹) | |
01 | Opening petty cash balance | 200 |
02 | Received a bearer cheque to make up the imprest amount | 1.200 |
03 | Gave a tip to peon | 40 |
04 | Purchased stationery | 150 |
05 | Paid Taxi Fare | 35 |
06 | Purchased Stamp pad | 140 |
07 | Paid Cartage | 40 |
08 | Paid Bus Fare | 30 |
11 | Paid to sweeper | 50 |
13 | Purchased a Box of pencils | 40 |
14 | Paid Mobile charges | 35 |
15 | Gave to Sohan on account | 250 |
19 | Paid for Refreshment to staff | 150 |
20 | Paid Railway Fare | 30 |
21 | Paid Carriage | 65 |
From the following information prepare Columnar Petty Cash Book kept on imprest system in the books of Manisha Books Stall, Beed.
2018 April | Amt(₹) | |
01 | Opening petty cash balance | 200 |
02 | Received a bearer cheque to make up the imprest amount | 1,200 |
03 | Gave a tips to peon | 40 |
04 | Purchased stationery | 150 |
05 | Paid Taxi Fare | 35 |
06 | Purchased Stamp pad | 140 |
07 | Paid Cartage | 40 |
08 | Paid Bus Fare | 30 |
11 | Paid to sweeper | 50 |
13 | Purchased a Box of pencils | 40 |
14 | Paid Mobile charges | 35 |
15 | Gave to Sohan on account | 250 |
19 | Paid for Refreshment to staff | 150 |
20 | Paid Railway Fare | 30 |
21 | Paid Carriage | 65 |