1 The following is a summary of the petty cash transactions of Jockfield Ltd for May 2008. You are required to: ( a ) Rule up a suitable petty cash book with analysis columns for expenditure on...

1

The following is a summary of the petty cash transactions of Jockfield Ltd for May 2008.

You are required to:

(a) Rule up a suitable petty cash book with analysis columns for expenditure on cleaning, motor

expenses, postage, stationery, travelling.

(b) Enter the month’s transactions.

(c) Enter the receipt of the amount necessary to restore the imprest and carry down the balance

for the commencement of the following month.

(d) State how the double entry for the expenditure is completed.

(Association of Accounting Technicians)