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WorksheetsThe Petty cash Book - Office Adminstration
Total questions: 14
Worksheet time: 7mins
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
The method for controlling and recording the petty cash is called the
Petty Cash Book
Cash Payments Journal
Cash Book System
Imprest System
The three steps involved in the Imprest System ar:
Establish the Fund, Record the Petty Cash Payments and Reimburse the Fund
Establish the Fund, Prepare Voucher, Reimburse the Fund
Write the Cheque, Prepare the Vouchers, Record the Petty Cash in the Petty Cash Book
Establish the Fund, Record the Petty Cash Transaction in the Petty Cash Book, Repay the employee for the costs.
A reimbursement cheque is used to replenish the fund back to its original Pett Cash amount?
True
False
What is the cash use for the petty cash book called…..
Float
Expense
Cheque
None of the above
