Question
13:
Rajan maintains
a Columnar Petty Cash Book on the Imprest System. The
imprest amount is ` 5,000. From the
following information, show how his Petty Cash Book would appear for the week
ended 12th September, 2021:
|
2018 |
|
` |
|
Sept. 7 |
Balance
in Hand |
1,349 |
|
|
Received
cash reimbursement to make up the imprest |
|
|
|
Postage |
123 |
|
|
Stationery |
321 |
|
Sept. 8 |
Travelling
and conveyance |
126 |
|
|
Miscellaneous
expenses |
11 |
|
|
Entertainment |
72 |
|
Sept. 9 |
Repairs |
1,567 |
|
Sept. 10 |
Postage |
174 |
|
|
Travelling |
673 |
|
Sept. 12 |
Miscellaneous
expenses |
201 |
|
|
Postage |
483 |
|
|
Repairs |
30 |
Answer:
|
Books of
Sri R Petty Cash
Book |
||||||||||
|
Dr. |
|
Cr. |
||||||||
|
Receipts |
Date |
Voucher No |
Particulars |
Total Payments (`) |
Postage Stationery (`) |
Entertainment
(`) |
Travelling
and Conveyance (`) |
Repairs (`) |
Expenses (`) |
|
|
|
2018 |
|
|
|
|
|
|
|
|
|
|
1,349 |
Sep.07 |
|
Balance
b/d |
|
|
|
|
|
|
|
|
3,651 |
Sep.07 |
|
Cash |
|
|
|
|
|
|
|
|
|
Sep.07 |
|
Postage |
123 |
123 |
|
|
|
|
|
|
|
Sep.07 |
|
Stationery |
321 |
321 |
|
|
|
|
|
|
|
Sep.08 |
|
Travelling
and Conveyance |
126 |
|
|
126 |
|
|
|
|
|
Sep.08 |
|
Miscellaneous
Expenses |
11 |
|
|
|
|
11 |
|
|
|
Sep.08 |
|
Entertainment |
72 |
|
72 |
|
|
|
|
|
|
Sep.09 |
|
Repairs |
1,567 |
|
|
|
1,567 |
|
|
|
|
Sep.10 |
|
Postage |
174 |
174 |
|
|
|
|
|
|
|
Sep.10 |
|
Travelling |
673 |
|
|
673 |
|
|
|
|
|
Sep.12 |
|
Miscellaneous
Expenses |
201 |
|
|
|
|
201 |
|
|
|
Sep.12 |
|
Postage |
483 |
483 |
|
|
|
|
|
|
|
Sep.12 |
|
Repairs |
30 |
|
|
|
30 |
|
|
|
|
|
|
Balance
c/d |
1,219 |
|
|
|
|
|
|
|
5,000 |
|
|
|
5,000 |
1,101 |
72 |
799 |
1,597 |
212 |
|
|
1,219 |
Sep.13 |
|
Balance
b/d |
|
|
|
|
|
|
|
|
3781 |
Sep.13 |
|
Cash |
|
|
|
|
|
|
|
Question
14:
A Petty Cashier in a firm received ` 15,000
as the petty cash imprest on 4th June, 2021. During
the week, his expenses were as follows:
|
2021 |
|
` |
|
June 4 |
Conveyance
charges for Manager's trip to the city |
500 |
|
June 4 |
Wages
to casual labourers |
1,500 |
|
June 5 |
Bus
fare to workmen sent to customer's premises |
200 |
|
June 5 |
Stationery
purchased |
1,000 |
|
June 6 |
Sent
documents to Head Office by registered post |
400 |
|
June 6 |
Postage
stamps purchased |
1,000 |
|
June 7 |
Repair
of printer |
400 |
|
June 7 |
Paid
electricity bill |
1,700 |
|
June 8 |
Wages
paid to coolies for shifting furniture, etc. |
400 |
|
June 8 |
Taxi
fare to Assistant Manager |
500 |
|
June 8 |
Letters
by registered post sent to different suppliers |
1,000 |
|
June 8 |
Locks
purchased |
800 |
|
June 8 |
Refreshments
to customers |
200 |
Write up the Analytical Petty Cash Book and draft the necessary Journal entries
for the payments made.
Answer:
|
Cash Receipts |
Date |
Particulars |
V No. |
Total Amount Paid |
Conveyance |
Stationery |
Wages |
Postage &
Stamps |
Repair |
Electricity Bill |
Locks Purchased |
Misc Exp |
|
|
2021 |
|
|
|
|
|
|
|
|
|
|
|
|
15,000 |
June 04 |
Cash
A/c |
|
|
|
|
|
|
|
|
|
|
|
|
June 04 |
Conveyance
A/c |
|
500 |
500 |
|
|
|
|
|
|
|
|
|
June 04 |
Wages
A/c |
|
1,500 |
|
|
1,500 |
|
|
|
|
|
|
|
June 05 |
Bus
Fare A/c |
|
200 |
200 |
|
|
|
|
|
|
|
|
|
June 05 |
Stationery
A/c |
|
1,000 |
|
1,000 |
|
|
|
|
|
|
|
|
June 06 |
Postage
A/c |
|
400 |
|
|
|
400 |
|
|
|
|
|
|
June 06 |
Postage
A/c |
|
1,000 |
|
|
|
1,000 |
|
|
|
|
|
|
June 07 |
Repairs
A/c |
|
400 |
|
|
|
|
400 |
|
|
|
|
|
June 07 |
Electricity
Expenses A/c |
|
1,700 |
|
|
|
|
|
1,700 |
|
|
|
|
June 08 |
Wages
A/c |
|
400 |
|
|
400 |
|
|
|
|
|
|
|
June 08 |
Conveyance
A/c |
|
500 |
500 |
|
|
|
|
|
|
|
|
|
June 08 |
Postage
A/c |
|
1,000 |
|
|
|
1,000 |
|
|
|
|
|
|
June 08 |
Locks
A/c |
|
800 |
|
|
|
|
|
|
800 |
|
|
|
June 08 |
General
Expenses A/c |
|
200 |
|
|
|
|
|
|
|
200 |
|
|
|
Total
Payment |
|
9,600 |
1,200 |
1,000 |
1,900 |
2,400 |
400 |
1,700 |
800 |
200 |
|
|
June30 |
Balance
c/d |
|
5,400 |
|
|
|
|
|
|
|
|
|
15,000 |
|
Grand Total |
|
15,000 |
|
|
|
|
|
|
|
|
|
5,400 |
July 01 |
Balance
b/d |
|
|
|
|
|
|
|
|
|
|
|
9,600 |
July 01 |
Cash
A/c |
|
|
|
|
|
|
|
|
|
|
|
Journal |
|||||
|
Date |
Particulars |
L.F. |
Debit (`) |
Credit (`) |
|
|
2021 |
|
|
|
|
|
|
June 30 |
Conveyance
A/c |
Dr. |
|
1,200 |
|
|
|
Stationery
A/c |
Dr. |
|
1,000 |
|
|
|
Wages
A/c |
Dr. |
|
1,900 |
|
|
|
Postage
& Stamps A/c |
Dr. |
|
2,400 |
|
|
|
Repairs
A/c |
Dr. |
|
400 |
|
|
|
Electricity
Expenses A/c |
Dr. |
|
1,700 |
|
|
|
Locks
A/c |
Dr. |
|
800 |
|
|
|
Miscellaneous
Expenses A/c |
Dr. |
|
200 |
|
|
|
To Petty Cash A/c |
|
|
|
9,600 |
|
|
(Petty
expenses charged to petty cash) |
|
|
|
|
|
|
|
|
|
|
|
Click below for more Questions
Ts Grewal Solution 2022-2023
Class 11th
Chapter 8 – Special Purpose Book I- Cash Book
Question No. 1 To 4
Question No. 5 To 8
Question No. 9 To 12
Question No. 13 And 14
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11th TS Grewal’s Accountancy Solutions