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The following is a summary of the petty cash of Picolo Ltd the month of April 20

ID: 2476201 • Letter: T

Question

The following is a summary of the petty cash of Picolo Ltd the month of April 2015.

1. The cashier received an amount of $50,000,000 as cash float.

2. Office expenses........................................... $2,000

5. Cleaning expenses............................................ $ 1,500

10. Petrol expenses..................................$ 3,000

12. Office Expenses....................................... $ 1,000

15. Kofi - Cleaner................................. $ 1,000

20. Fuel for Vehicle...................................$ 2,000

23. Office Expenses.................................... $ 1,500

25. Petrol Expenses.................................... $ 2,000

27. Office Expenses................................... $ 500

30. office cleaning............................................ $ 2,500

31. Office Expenses.............................................. $ 3,000

Required: Prepare a Petty cash book.

Explanation / Answer

Date Particulars Expenses Amount received 1 Received - 20000 2 Office Expenses 2000 5 Cleaning Expenses 1500 10 Petrol Expenses 3000 12 Office expenses 1000 15 Kofi cleaner 1000 20 Fuel For vehicle 2000 23 Office Expenses 1500 25 Petrol Expenses 2000 27 Office Expenses 500 30 Office cleaning 2500 31 Office Expenses 3000 20000 20000