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For Examiner's Use Only Questions Marks Allocated Marks Obtained Question 1 Techr Supplies Expense...

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Accounting

For Examiner's Use Only Questions Marks Allocated Marks Obtained Question 1 Techr Supplies Expense Cleaning expense Postage Expense Delivery Expense 1 6 2 150 175 70 85 9 3 10 6 marks Due to the increasing number of the transactions in the business, ABC Company decided to set-up a petty cash fund. On January 1, 2020 the petty cash fund was set-up for AED 700. On January 25, the petty cash fund was replenished. The balance in the fund was AED 65 and the following receipts were by reported: Meals Expense To 25 120 Sundry Expense 25 The petty cash fund was increased to AED 800 on January 31. Required Prepare the journal entries to record all the above transactions.
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Question 1 Due to the increasing number of the transactions in the businest set-up a perty cash fund. On January 1,2020 the petty cash fund was set-up for AED 700 . On January 25. the petty cash fund was replenished. The balance in the fund was AED 65 and the following receipts were by neported: The petty cash fund was increased to AED 800 on January 31 . Required Prepare the journal entries to record all the above transactions

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