Jonny maintains a petty cash book with a float of $150
During January 2019 the following...
Jonny maintains a petty cash book with a float of $150
During January 2019 the following petty cash transactions took place.
January Voucher
Number Transaction $
2 101 Purchased postage stamps 11.50
8. 102 Paid travel expenses to sales manager 22.50
15. 103 Paid to John, a trade payable 35.00
22. 104 Purchased coffee, tea and sugar 17.75
26. 105 Purchased postage stamps 8.50
31 106 Paid cleaner’s wages 15.00
31. Restored float To be calculated
how to calculate restored float
Answers: 1
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