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?
a
N150
b
N250
c
N350
d
N500
Explanation
Correct Option
bNo explanation available
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Discussions (5)
slimshady.obe
12 years ago
the ans is wrong because if u deduct the amount spend from imprest it gives 100 then subtract the difference from the 450 it gives you 350
Queency.vivian
1 year ago
yes it's wrong
cause how is the answer 250
when you subtract 350 from the 450 it will be 100 and you have to reimburse the petty cashier with the amount she spent being 350
