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Record the transactions in a petty cash book

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Reference no: EM132825101

Question - PETTY CASH - The petty cashier of John and James Company paid cash for the following expenditures during March 2018.

March 01: Balance brought forward; petty cash $50.

March 01: The amount of petty expenditures for previous month reimbursed by chief cashier $200.

March 05: Bought some liquid material for cleaning purpose $25.

March 10: Paid $20 for van wash.

March 13: Bought pens and pencils $15.

March 17: Paid for fuel $35.

March 20: Paid $55 for casual labor.

March 22: Donated $10 to SBA - a charitable institution.

March 30: Bought a broom for office $5.

Required - Record the above transactions in a petty cash book assuming a petty cash imprest system is used by the John and James Company.

Reference no: EM132825101

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