FNSACC311 Process Financial Transactions And Extract Interim Reports - Assignment Help

Part 2 – Petty Cash
PART 2.1 – Manual Petty Cash

Jane, has asked that you set up a Petty Cash fund for Janes Design World and record the following Petty Cash transactions in the Petty Cash book for the month of February 2021. The Petty cash fund is to be established with a float of $500 by drawing cheque no. 475 against the company bank account on 1st Feb 2021.
You are required to:-
a. Enter the imprest cheque no. 475 into the Petty Cash book on 1st Feb.
b. Enter all the Petty Cash Vouchers into the Petty Cash book
c. Balance the Petty Cash book, and record the reimbursement cheque no. 493, drawn on 31st Feb.
d. The balance of cash in the Petty Cash tin as at 28th February is $22.00