The petty cash book is kept on imprest system, amount of imprest being Rs.4,000. Petty cash in hand is RS.460, How much amount will be received by petty cashier from main cashier to make up the imprest. Pass the journal entry for the transaction.
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Answer:
rs.3540
Explanation:
cash a/c dr. 3540
to imprest a/c 3540
(being amount of inprest paid in cash)
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