Exam (elaborations)
Cambridge O Level ACCOUNTING ;Paper 2 Structured Written Paper
- Course
- CAMBRIDGE O LEVEL ACCOUNTING
- Institution
- Cambridge College
1 Leo maintains a petty cash book using the imprest system. The imprest amount, which is $200, is restored on the first day of each month. All payments of less than $100 are made from petty cash. All cash receipts of less than $100 are paid into petty cash. On 1 April 2021 Leo had $48 in his...
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