For this purpose, a Petty Cashier is appointed by the Chief Cashier. Compile a cash book with cash and Bank columns from the following transactions: Illustration 12: Write out an analytical petty cash book from the following transactions: 2012: August 1 Issued a cheque for Rs. The cash payment to the petty cashier record in the main cash book and page no. 4 Paid telephone charges Rs. Here on NCERTBooks.Guru, you can access to TS Grewal Book Solutions in free pdf for Accountancy for Class 11 so that you can refer them as and when required.The TS Grewal Solutions to the questions after every unit of TS Grewal textbooks aimed at helping students solving difficult … Paid electricity charges 335 5.

Advantages of Petty Cash Book: Simple method: Recording of transactions in a petty cash book is easy. Enter the following transactions in Two-column Cash Book of Gaurav, Delhi: Solution: Question 16. T.s. 250 . To analyzing the individual payments you have to just total individual expenses columns. 18.50. so next month on 1 September this balance is b/d along with the reaming cash in hand i.e. Petty Cash Book Questions And Answers Pdf - fullexams.com Questions and Answers from the Community Petty cash book questions and answers pdf. How to: Enter and Post Cash and Bank or Giro Journals. Received from the head cashier 1090 3. 2 Paid electricity charges Rs. Vetri is a sole trader selling food products. Answer: Analytical Petty Cash Book (in ₹) Textbook Case Study Solved. Telegram sent to suppliers 50 15. . 375 The Chief Cashier advances a sum of money to the Petty Cashier to enable him to meet petty expenses for a fixed period.

Enter the following transactions in Iyyappan’s petty cash book with analytical columns under imprest system. The imprest petty cash system is a method of accounting for petty cash expenses. It is another Cash Book which is maintained, generally, in large business concerns to reduce the burden of 'Main Cash Book', in which numerous transactions involving petty (small) amounts are recorded. The Imprest System of petty cash: The more scientific method of maintaining petty cash so for introduced into practice is the imprest system . Debit / Receipts: – The amount received from the head cashier will be entered in this column. Enter the following transactions in an Analytical Petty Cash Book: Join Sarthaks eConnect Today - Largest Online Education Community! Printing charges 150 9. From the following information, prepare an Analytical Petty Cash Book: Solution: Question 17. 325 .

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