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प्रश्न
Write the advantages of maintaining petty cash book.
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उत्तर
Following are the advantages of maintaining a petty cash book:
- There can be better control over petty payments.
- There is a saving of time for the main cashier.
- Cashbook is not loaded with many petty payments.
- Posting entries from the main cash book and petty cash book is comparatively easy.
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संबंधित प्रश्न
Answer the following question in one sentence:
Who is a Petty Cashier?
Complete the following sentence:
Petty Cash Book is used for recording ______ expenses.
The balance in the petty cash book is ______.
Prepare analytical petty cash book from the following particulars under imprest system:
| 2017 July |
₹ | |
| 1 | Received advance form cashier | 2,000 |
| 7 | Paid for writing pads and registers | 100 |
| 8 | Purchased white papers | 50 |
| 10 | Paid auto charges | 200 |
| 15 | Paid wages | 300 |
| 18 | Postal charges | 100 |
| 21 | Purchased stationery | 450 |
| 23 | Tea expenses | 60 |
| 25 | Paid for speed post | 150 |
| 27 | Refreshment expenses | 250 |
| 31 | Paid for carriage | 150 |
What is a petty cash book?
Explain the meaning of the imprest system of petty cash book.
Prepare Analytical Petty Cash Book from the following transactions in the books of Swarali General Stores, Kolhapur. The imprest amount is ₹ 1,500 received from the main cashier.
| 2018 January | Amt (₹) | |
| 01 | Paid Cartage | 50 |
| 02 | Telephone Charges | 40 |
| 02 | Bus Fare | 20 |
| 03 | Postage | 30 |
| 04 | Refreshment to Employees | 80 |
| 06 | Courier Charges | 30 |
| 08 | Refreshment to Customers | 50 |
| 10 | Cartage | 35 |
| 15 | Taxi Fare to Manager | 70 |
| 18 | Purchased Stationery | 65 |
| 20 | Bus Fare | 10 |
| 22 | Xerox Charges | 30 |
| 25 | Internet Charges | 35 |
| 27 | Postage Stamps | 200 |
| 29 | Repair on Furniture | 105 |
| 30 | Cleaning Expenses | 115 |
| 31 | Miscellaneous Expenses | 100 |
From the following information prepare Columnar Petty Cash Book kept on imprest system in the books of Manisha Books Stall, Beed.
| 2018 April | Amt (₹) | |
| 01 | Opening petty cash balance | 200 |
| 02 | Received a bearer cheque to make up the imprest amount | 1,200 |
| 03 | Gave a tip to peon | 40 |
| 04 | Purchased stationery | 150 |
| 05 | Paid Taxi Fare | 35 |
| 06 | Purchased Stamp pad | 140 |
| 07 | Paid Cartage | 40 |
| 08 | Paid Bus Fare | 30 |
| 11 | Paid to sweeper | 50 |
| 13 | Purchased a box of pencils | 40 |
| 14 | Paid Mobile charges | 35 |
| 15 | Gave it to Sohan on account | 250 |
| 19 | Paid for Refreshment to staff | 150 |
| 20 | Paid Railway Fare | 30 |
| 21 | Paid Carriage | 65 |
From the following information prepare Columnar Petty Cash Book kept on imprest system in the books of Manisha Books Stall, Beed.
| 2018 April | Amt (₹) | |
| 01 | Opening petty cash balance | 200 |
| 02 | Received a bearer cheque to make up the imprest amount | 1,200 |
| 03 | Gave a tips to peon | 40 |
| 04 | Purchased stationery | 150 |
| 05 | Paid Taxi Fare | 35 |
| 06 | Purchased Stamp pad | 140 |
| 07 | Paid Cartage | 40 |
| 08 | Paid Bus Fare | 30 |
| 11 | Paid to sweeper | 50 |
| 13 | Purchased a Box of pencils | 40 |
| 14 | Paid Mobile charges | 35 |
| 15 | Gave to Sohan on account | 250 |
| 19 | Paid for Refreshment to staff | 150 |
| 20 | Paid Railway Fare | 30 |
| 21 | Paid Carriage | 65 |
From the following information prepare Columnar Petty Cash Book kept on imprest system in the books of Manisha Books Stall, Beed.
| 2018 April | Amt (₹) | |
| 01 | Opening petty cash balance | 200 |
| 02 | Received a bearer cheque to make up the imprest amount | 1,200 |
| 03 | Gave a tips to peon | 40 |
| 04 | Purchased stationery | 150 |
| 05 | Paid Taxi Fare | 35 |
| 06 | Purchased Stamp pad | 140 |
| 07 | Paid Cartage | 40 |
| 08 | Paid Bus Fare | 30 |
| 11 | Paid to sweeper | 50 |
| 13 | Purchased a Box of pencils | 40 |
| 14 | Paid Mobile charges | 35 |
| 15 | Gave to Sohan on account | 250 |
| 19 | Paid for Refreshment to staff | 150 |
| 20 | Paid Railway Fare | 30 |
| 21 | Paid Carriage | 65 |
