R. Phometsi Ltd. Provides you with the following information.2019The imprest amount at the beginning of each is P600. However, on June 1, the pettycashier had P140 cash in hand. The main cashier re-imbursed the petty cashier to have acash float of P600.The following expenses were incurred as petty cash expenses for the month.June DIPLOMA AssignmentJanuary - June BPA612 Principles of Accounting ©BOU 2024 Page 4 of 93. Cleaning expenses P405. Taxi fare P127. Postage stamps P89. Printing expenses P2811. Pen, pencil and eraser P913. Cremora, margarine and peanut butter P42.14. Cleaning expenses P3815. Bus fare. P2417. Postage stamps P1419. Cleaning expenses P32.29. Staples P16.30. Tea, Coffee and sugar P39. Required:a) Prepare a petty cash book with analysis columns for the followings: Cleaningexpenses, General expenses, Postage, Travelling expenses and Stationery.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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R. Phometsi Ltd. Provides you with the following information.
2019
The imprest amount at the beginning of each is P600. However, on June 1, the petty
cashier had P140 cash in hand. The main cashier re-imbursed the petty cashier to have a
cash float of P600.
The following expenses were incurred as petty cash expenses for the month.
June

DIPLOMA Assignment
January - June BPA612 Principles of Accounting

©BOU 2024 Page 4 of 9
3. Cleaning expenses P40
5. Taxi fare P12
7. Postage stamps P8
9. Printing expenses P28
11. Pen, pencil and eraser P9
13. Cremora, margarine and peanut butter P42.
14. Cleaning expenses P38
15. Bus fare. P24
17. Postage stamps P14
19. Cleaning expenses P32.
29. Staples P16.
30. Tea, Coffee and sugar P39.

Required:
a) Prepare a petty cash book with analysis columns for the followings: Cleaning
expenses, General expenses, Postage, Travelling expenses and Stationery.

 

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