Question

Q. 3 Enter the following transactions in a Petty Cash Book having analysis

columns for the month of February, 2019.

2019

Feb. 1 Received cheque from head cashier ₹. 2700/-.

4 Purchased pencils for ₹ .45/-, inkpot ₹. 25/- and papers ₹. 55/-.

6 Paid for repairs ₹.190/-.

10 Paid taxi fare to Manager ₹.168/-.

13 Paid subscription for newspaper ₹ 212/-.

17 Paid for refreshments to customers’ ₹. 175/-.

19 Paid to Ranjeet in settlement of his account ₹. 230/-.

21 Paid wages to casual labours ₹. 220/-.

24 Paid electricity bill ₹. 525/-.

26 Paid for carriage ₹. 105/-

27 Purchased a wooden chair for ₹. 275/-.​

Answer 1

Concept introduction:

Small expenses like postage, stationery, and telegrams are recorded in petty cash books. The expenditure types are separated by a column.

Explanation:

Given that,

Feb. $1$ Received cheque from head cashier ₹. $2700$/-.

Feb $4$ Purchased pencils for ₹ .$45$/-, inkpot ₹. $25$/- and papers ₹. $55$/-.

Feb $6$ Paid for repairs ₹.$190$/-.

Feb $10$ Paid taxi fare to Manager ₹.$168$/-.

Feb $13$ Paid subscription for newspaper ₹ $212$/-.

Feb $17$ Paid for refreshments to customers’ ₹. $175$/-.

Feb $19$ Paid to Ranjeet in settlement of his account ₹. $230$/-.

Feb $21$ Paid wages to casual labors ₹. $220$/-.

Feb $24$ Paid electricity bill ₹. $525$/-.

Feb $26$ Paid for carriage ₹. $105$/-

Feb $27$ Purchased a wooden chair for ₹. $275$/-.​

We have to draw Petty cashbook columns of the given data.

According to the question,

Final Answer:

The given data is listed in the petty cashbook column above.

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