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Question 21 of 28

Q.(a) Prepare analytical petty cash book from the following particulars under imprest system. 2017
July 1 Received advance from cashier Rs. 2,000
July 7 Paid for writing pads and registers Rs. 100
July 8 Purchased white papers Rs. 50
July 10 Paid auto charges Rs. 200
July 15 Paid wages Rs. 300
July 18 Postal charges Rs. 100
July 21 Purchased Stationery Rs. 450
July 23 Tea expenses Rs. 60
July 25 Paid for speed post Rs. 150
July 27 Refreshment expenses Rs. 250
July 31 Paid for carriage Rs. 150

(OR)
(b) Show necessary entries to adjust the following on 31st December, 2017.
(i) Outstanding salaries Rs. 1,200
(ii) Outstanding rent Rs. 300
(iii) Prepaid insurance premium Rs. 450
(iv) Interest on investment accrued Rs. 400
(v) Bad debts written off Rs. 200
Puducherry TnboardTamil Nadu HSC First Year (DGE) Commerce Board 2024Subjective· 5mImportance★★★★★
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(a) Analytical petty cash book: receipts Rs. 2,000, analysed payments Rs. 1,810, balance c/d Rs. 190. (b) Five adjusting journal entries.

(a) Analytical Petty Cash Book (Imprest System)

Receipts (Rs.)DateParticularsTotal Paid (Rs.)Postage (Rs.)Printing & Stationery (Rs.)Conveyance (Rs.)Wages (Rs.)Refreshment (Rs.)Carriage (Rs.)
2,000Jul 1To Cash (advance)
Jul 7Writing pads & registers100100
Jul 8White papers5050
Jul 10Auto charges200200
Jul 15Wages300300
Jul 18Postal charges100100
Jul 21Stationery450450
Jul 23Tea expenses6060
Jul 25Speed post150150
Jul 27Refreshment250250
Jul 31Carriage150150
Total payments1,810250600200300310150
Jul 31By Balance c/d190
2,0002,000

Balance b/d (Aug 1) = Rs. 190; under the imprest system the cashier reimburses Rs. 1,810 to restore the float to Rs. 2,000.

(b) Adjusting Entries as on 31 December 2017

| # | Particulars | Debit (Rs.) | Credit (Rs.) |

| --- | --- | --- | --- | …

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