Recording and P...

Which of the following statement is false?
The petty cash book  ____________. 

Which among the following are advantages of Imprest Petty Cash Book ? 

The following is the summary of the petty cash transactions for a week:
Income - Opening Balance - Rs. 500; Sale of Stamps - Rs. 10; Sale of Paper - Rs. 50
Expenditure - Travelling expenses - Rs. 150; Subsistence expenses - Rs. 250
Petty cash is maintained using the imprest system.
What sum should be reclaimed by the cashier at the end of the week ?

Which of the following transactions should be entered in petty cash book?

Total of the total payment column in the petty cash book is ________ to petty cash account.

The balance in petty cah book represents ____________ .

Drawing is a type of _______________.

In analytical petty cash book, for what purpose separate column is provided?

There has been a break-in at your office and money has been stolen from the petty cash tin, which now contains only 37 rupees in coins. There are petty cash vouchers in the tin for the month to date totaling Rs.237.4. The petty cash book shows that at the start of the month, there was a balance of Rs.74.50 in petty cash, and that on the first day of the month the petty cash balance was increased to Rs.400, under an imprest system. How much money has been stolen from petty cash?

A____ serves the purpose of both journal and ledger accounts.