Accounting 0452 · IGCSE · Books of prime entry

Books of prime entry — practice question

Jasvinder keeps a petty cash book under the imprest system. The monthly imprest of \$100 is topped up on the first day of every month. In September, the petty cash book recorded the following: total expenses \$83; total receipts \$7. How much cash did Jasvinder have to provide to restore the imprest on 1 October?

  • A\$24
  • B\$76
  • C\$83
  • D\$100

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