ILLUSTRATION ON PETTY CASH BOOK CONTD.
Hey Guys, Happy Thursday. It’s a Beautiful Day to
see. It’s such a privilege to see such a day, let alone be well enough to learn
and improve one’s self. For that God deserves Praise. Well today we will take
one more example on PETTY CASH BOOK in order to fully understand it.
ILLUSTRATION:
Charles Limited operates a Petty Cash book on the
imprest system with a cash float of N 300. The following transactions took
place in November 2003.
Nov 2- Envelopes N4.
Nov 3- Petrol N16.
Nov 4- Postage...
