Five hundred naira monthly is allowed on an imprest system. The following transactions took place
Period 1:                                                    ₦
Cash advanced to petty cashier               500
Petty cashier paid out: Stamp                  200
                 Newspaper                 250
Period 2:
Cash to petty cashier                               450
Cashier paid for writing materials             350

How much should the petty cashier receive after period 2?

Similar Questions

Determine the year''s purchase from the following information relating to a firm. Total c...

A partnership’s internal regulation are set out by________ ...

An error of principle is made, if ...

Which of the following items will appear in the Total Creditors Account? ...

In manufacturing account, depreciation of office machine is charged to ...

Use the information to answer the given question \(\begin{array}{c|c} Dr & & & &...

Which of the following is the basis of accounting in the Civil Service? ...

Balance sheet (Extract) Creditors #7,940 Prepaid expenses #290 Accrual expenses #323 Stock #4,...

  Stock of finished goods: Jan 1st Dec 31st Stock of Raw materials:...

The original record containing the details of a transaction which serves as a basis for posting is ...