(a)[12]
Set up Sid’s petty cash book for April on page 3. Balance the petty cash book on 30 April 2025, then carry the balance forward to 1 May 2025. Replenish the float to the agreed amount.
(b)[1]
State the system name used to run petty cash books.
(c)[1]
State one benefit of running a petty cash account.
(d)[2]
State two reasons why the balance on the petty cash account could differ from the cash actually in the petty cash box.
(e)[4]
Provide the journal entries to record these transactions. Narratives are not required.