Accounting 0452 · IGCSE · Books of prime entry

Books of prime entry — practice question

Raminder keeps a petty cash book under the imprest system. Each month, the petty cash float of $250 is topped up on the first day of the month. During January, the petty cashier paid out $105 and also obtained a $15 refund from a stationery supplier. What amount was issued to the petty cashier on 1 February to restore the imprest?

  • A$90
  • B$105
  • C$145
  • D$160

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