Petty Cash Book

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

• cash book

• petty cash book

• ledger

• journal

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

• interest system

• contrat system

• imprest system

• cashier

A petty cash book having columns for expenses incurred is called

• small petty cash book

• General cash book

• analytical petty cash book

• Expenses petty cash book

An account used to establish a petty cash book is a

• small float

• big float

• cash float

• bank draft

Who maintains the petty cash book

• Accountant

• Main Cahsier

• Petty Cashier

• Supervisor

The Petty cash book must always have a?

• Credit balance

• Debit Balance

• Forwared Balance

• Contra Balance

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

• Bought office typwriter

• bought motor van

• paid salaries and wages

• bought stamp

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?

• =N=600

• =N=800

• =N=1630

• =N=730

Items entered into the petty cash book are usually gotten from

• Cheque

• invoive

• Petty cash Voucher

• Bank draft