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It's Time to Reconcile Petty Cash

Question 38

Essay

It's time to reconcile petty cash. Vouchers indicate that the following amounts have been used:
Purchase of toner for copy machine for $60 on August 1
Purchase of postage for $25 on August 7
Purchase of petrol for the company truck for $125 on August 14
Purchase of lunch for employee training for $78.90 on August 21
Cost to send an overnight cheque to a vendor of $15.75 on August 28
August began with a balance of $150 in petty cash and fund was replenished with an additional $350 on August 1. Complete the petty cash book for August.

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