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CBSE Class 11-commerce Answered

Define petty cash book.

Asked by Topperlearning User | 11 Jul, 2016, 04:19: PM

Expert Answer

Petty cash book is a book prepared by a petty cashier for the purpose of recording payment of petty cash i.e. small amount expenses.

Answered by | 11 Jul, 2016, 06:19: PM

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CBSE 11-commerce - Accountancy Part I

Define petty cash book.

Asked by Topperlearning User | 11 Jul, 2016, 04:19: PM

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CBSE 11-commerce - Accountancy Part I

What are the two types of petty cash book?

Asked by Topperlearning User | 11 Jul, 2016, 04:19: PM

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CBSE 11-commerce - Accountancy Part I

What is an imprest amount?

Asked by Topperlearning User | 11 Jul, 2016, 04:19: PM

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CBSE 11-commerce - Accountancy Part I

Prepare a simple petty cash book from the following information for the month of February, 2016. Date Particulars Rs. 2016 Feb 1 Received Rs.9,000 from Chief cashier for petty cash Feb 2 Paid for postage 325 Feb 7 Paid to window cleaner 250 Feb 10 Purchased stationery for office 730 Feb 15 Purchased milk and sugar for office coffee 950 Feb 17 Paid wages 800 Feb 22 Bus fare to workmen sent to clients place 170 Feb 28 Paid for telephone 320 If the imprest amount is Rs.9000, then how much amount is the petty cashier entitled to get by the beginning of next month?

Asked by Topperlearning User | 11 Jul, 2016, 04:19: PM

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CBSE 11-commerce - Accountancy Part I

Prepare a simple petty cash book for the last week of July, 2016 from the following information: Date Particulars Rs. 2016 July 25 Cash withdrawn from bank for petty cash 6500 July 26 Paid bus fare 620 July 27 Paid for cartage 215 July 28 Stationery purchased for office use 685 July 29 Telephone expenses paid 495 July 30 Paid repair charges of printer 550 July 31 Paid for sundries 235

Asked by Topperlearning User | 11 Jul, 2016, 04:19: PM

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CBSE 11-commerce - Accountancy Part I

From the following information, prepare an analytical petty cash book on the imprest system for the month of November, 2016: Date Particulars Rs. 1 Received for petty cash Rs.12,000 2 Paid repair of furniture 640 4 Paid for office cleaning 400 5 Purchased stationery 350 8 Writing pads and register purchased 290 12 Refreshment given to customers 660 15 Paid for postage and telegram 135 17 Casual labour paid 800 21 Paid for postages 215 22 Taxi fare reimburse of manager 132 24 Sent registered notice to landlord 248 24 Cartage paid 345 28 Auto fare paid 185

Asked by Topperlearning User | 11 Jul, 2016, 04:19: PM

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CBSE 11-commerce - Accountancy Part I

Mr. Rohan maintains a petty cash book in the imprest system. The imprest amount is Rs.8,000. From the following information, show how his petty cash book will appear for the week ended on 16^h October, 2016. Date Particulars Rs. 10 Balance in hand 5,700 10 Received cash reimbursement to make up the imprest 2,300 10 Postage stamp purchased 348 11 Advertisement expenses paid 645 11 Conveyance charges for Director’s trip to city 192 12 Electricity bill paid 534 12 Repair to furniture 470 12 Letters by registered post sent to suppliers 86 13 Bus fare of workmen reimbursed 70 13 Purchased note pad and pens 324 14 Paid for carriage 141 14 Casual labourer paid 750 15 Telephone bill paid 410 15 Cartage paid 379 16 Wages paid to canteen man 551

Asked by Topperlearning User | 14 Jul, 2016, 02:53: PM

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CBSE 11-commerce - Accountancy Part I

5. Prepare an analytical petty cash book from the following information provided by Mr. Shekhar for the week ended on 20^th March, 2016. The petty cashier received Rs.8,000 in the beginning of the week. Also, pass a journal entry and post them to their respective ledger. Date Particulars Rs. 14 Paid cartage 266 14 Taxi charges paid 329 14 Stationery purchased 490 15 Letters sent to clients through registered post 81 15 Wages paid to labourers 925 16 Auto fares of assistant manager paid 114 16 Telephone bill paid 453 17 Paid to office cleaning boy 260 17 Paid for telegram 47 17 Travelling expenses 264 18 Purchased postage stamp 230 18 Paid electricity bill 304 19 Repairs to machinery 575 19 Purchased registers and notepad 318 20 Refreshment given to customers 552 20 Carriage paid 192

Asked by Topperlearning User | 11 Jul, 2016, 04:19: PM

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