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? _____

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? _______

_____________ 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