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What is the amount of total petty cash expenses

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Reference no: EM132485202

Point 1: A petty cash fund of $200 was established on April 1, Year 1.

Point 2: Employees were reimbursed when they presented petty cash vouchers to the petty cash custodian.

Point 3: On April 30, Year 1, the petty cash fund contained vouchers totaling $196.50 plus $2.20 of currency.

Question 1: What is the amount of total petty cash expenses to be recognized during April

Reference no: EM132485202

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