Five hundred naria monthly is allowed on an imprest system. The following transactions took place.

Period1:
Cash advanced to petty cashier......N500
Petty cashier paid out: stamp.......N200
Newspaper.....................N250

Period 2:
Cash to petty cashier...............N450
Cashier paid for writing materials..N350

How much should the petty cashier receive after period 2?

Similar Questions

Beginning and ending accounts receivable balances were N8,000 and N15,000 respectively. If collectio...

How much did Olu sell goods bought at N1,000 if he sells at a margin of 20% on selling price? ...

Ordinary shareholders received dividend before? ...

Oil and Buns issued to the public 1,300,000 ordinary shares of 75k at a price of #1.50k. Application...

Share premium can be used to? i. Write off discount on shares  ii. Give loans to directors i...

Cost of rent as an expense can be apportioned to all department on the basis of: ...

Opening stock of raw materials - #75,000 Purchase of raw materials - #330,000 Closing stock of raw...

The beginning and ending accounts receivable balances were N20,000 and N30,000 respectively. The co...

Use the following to answer the given question DEBTORS CONTROL ACCOUNT: \(\begin{array}{c|c} &...

Discount allowed is a charge made against ...