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Chapter 20

Example 2: Solution

Debit Total Stat’y Clean’g Ent’ment Travel Post
($) Date Details ($) ($) ($) ($) ($) ($)
350 1 Nov Cashier
2 Nov Materials 5 5
3 Nov Stamps 10 10
6 Nov Envelopes 12 12
8 Nov Taxi 32 32
10 Nov Petrol 17 17
14 Nov Paper 25 25
15 Nov Materials 4 4
16 Nov Bus fare 2 2
20 Nov Lunches 56 56
21 Nov Mops, etc. 41 41
23 Nov Stamps 35 35
27 Nov Envelopes 12 12
29 Nov Lunches 30 30
30 Nov Paper 40 40
–––
321 30 Nov Cashier
30 Nov Balance c/d 350
––– ––– ––– ––– ––– ––– –––
671 671 89 50 86 51 45
The amount reimbursed is equal to the amount paid from the petty cash, i.e.
$321. This will be taken from the bank account into petty cash.

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