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CSEC Principles of Accounts · 2022 · Paper 2 · Question 1(a)(i)

TD Salon provided its petty cashier with a $1 500 float on 1 April 2022 on the imprest system. The given transactions took place during April 2022.

Record the petty cash transactions for TD Salon for April 2022 in the provided petty cash book.

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Other parts of this question

  1. 1(a)(ii)Total, balance and rule the petty cash book at the end of April.[2 marks]
  2. 1(a)(iii)Record the entry in the petty cash book on 1 May 2022 to replenish the petty cash fund.[1 mark]
  3. 1(b)Post the totals from the petty cash book at month end into the provided ledger accounts, entering account titles, assigning account numbers, and including…[8 marks]
  4. 1(c)Prepare and sign the cheque drawn on Caribbean Bank, PLC to be given to Turi Francis to replenish the petty cash fund on 1 May 2022.[3 marks]

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