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An Imprest Petty Cash Fund of $400 Was Established for Minor

Question 97

Multiple Choice

An imprest petty cash fund of $400 was established for minor disbursements. At the end of the month the fund included petty cash tickets for the purchase of $185 in supplies, $41 for postage, $86 for fuel and a delivery charge of $65. If there is $13 left in the fund, how much cash is required to replenish the fund?


A) $377
B) $236
C) $387
D) $367

Correct Answer:

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