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A petty cashier has a cash float of #53,000 and #38,600 was spent,the reimbursement would...

Book Keeping
WAEC 2024

A petty cashier has a cash float of #53,000 and #38,600 was spent,the reimbursement would be 

  • A. #91,600
  • B. #53,000
  • C. #38,600
  • D. #14,400
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Correct Answer: Option D
Explanation

The petty cashier is always reimbursed with the amount spent.

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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
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