Question

6
Opening petty cash Rs.500, Cash
sent for petty expenses Rs.1,500 and
petty expenses Rs.1,000. Find closing
petty cash
Answer
A. Rs.500
B.
Rs.1,000
Rs.1,500
C.
D.
Rs.2,000​

Answer 1

Answer:

Op. petty cash=500

Add: cash for exp. = 1500

______________________

Total =2000

less: petty exp =10000

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Total cash in hand =1000 ( cl. bal)