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Petty Cash Book

Total questions: 9

Worksheet time: 5mins

Name
Class
Date
1.

_______ is the book of first entry and a ledger kept exclusively for small espenses

a)

cash book

b)

petty cash book

c)

ledger

d)

journal

2.

The system usually adopted by most organisation to maintain thepetty cash book

a)

interest system

b)

contrat system

c)

imprest system

d)

cashier

3.

A petty cash book having columns for expenses incurred is called

a)

small petty cash book

b)

General cash book

c)

analytical petty cash book

d)

Expenses petty cash book

4.

An account used to establish a petty cash book is a

a)

small float

b)

big float

c)

cash float

d)

bank draft

5.

Who maintains the petty cash book

a)

Accountant

b)

Main Cahsier

c)

Petty Cashier

d)

Supervisor

6.

The Petty cash book must always have a?

a)

Credit balance

b)

Debit Balance

c)

Forwared Balance

d)

Contra Balance

7.

Which of these expenses would you find in the petty cash book?

a)

Bought office typwriter

b)

bought motor van

c)

paid salaries and wages

d)

bought stamp

8.

A petty cashier started his imprest system with =N=900, by the end of the week his payment Voucher is =N=730. How much will he be reimbursed?

a)

=N=600

b)

=N=800

c)

=N=1630

d)

=N=730

9.

Items entered into the petty cash book are usually gotten from

a)

Cheque

b)

invoive

c)

Petty cash Voucher

d)

Bank draft