The Petty cash Book - Office Adminstration

Which of the following transactions should be entered in the Petty Cash Book?

• Salary payments

• Stock issued

• Subscriptions

• Travelling expenses

What is the cash use for the petty cash book called…..

• Float

• Expense

• Cheque

• None of the above

A book of account used to record small payments is known as the ……

• Cash book

• Petty cash book

• Sales daybook

• Ledger book

The source document used with to write up the petty cash book is …..

• Receipt

• Cheque stub

• Debit Note

• Voucher

If the float given to the petty cashier is $200 and $190 was spent during the period, how much is the balance? (a)  

If the float given to the petty cashier is $200 and $190 was spent during the period, how much should be reimbursed at the end of the period? (a)  

(a)   columns is the name given to the expenses column in the petty cash book.

The person who is responsible for the Petty Cash is called the

• Petty Cash Voucher

• Administrative Assistant

• Perry Cash Assistant

• Petty Cashier

The Petty Cash Voucher is

• Used instead of a cheque for small payments

• The documentary evidence that a petty cash payment has been made

• Is the document taken and presented for payment for small amounts ie milk

• A numbered document used to record the balance of the Petty Cash Fund

The Petty Cash Book is the summary of the Petty Cash Vouchers.

• True

• False