Taiwo is a sole trader who keeps his petty cash on the im...
Use the following information to answer the given question,
Taiwo is a sole trader who keeps his petty cash on the imprest system, the imprest amount being N4,000. The following transactions took place for a particular month: NDec.1petty cash in hand5171petty cash to imprest amount3,4836Bought notebooks3287Paid wages91414Bought postage stamps37516Paid to J. Thomas, a creditor53621Paid wages92823Bought envelopes43727Bought postage stamps210
Amount to be posted to the personal ledger is
N765
N585
N536
N517
Correct answer is C
No explanation has been provided for this answer.
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