Question

hi guys I was wondering if someone could help with this questions. I have attached the template too the GST is 10%

Task 4 20 marks The following information has been extracted from Petty Cash vouchers for the month of March: Date March Petty Cash Voucher Details 1 A petty cash float of $300 was established, cheque number 101 3 001 Purchased stationery for use in the business $44.00 includes GST 5 002 Cash to purchase Milk $2.00 Reimbursed a staff member Bus fare $9.90 includes GST 7 003 9 004 Reimbursed a staff member Taxi Fare $82.50 includes GST 15 005 Purchased cleaning products from supermarket $14.30 includes GST Reimbursed a staff member for stationery $49.50 includes GST 20 006 25 007 Reimbursed a staff member Taxi Fare $89.10 includes GST 31 Balanced Petty Cash and reimbursed Petty Cash Float cheque number 136 Required: Prepare the Petty Cash Book for the month of March: 1. Record the establishment of the Petty Cash Float in the Petty Cash Book 2. Record the Petty Cash Payment Vouchers in the Petty Cash Book 3. Balance the Petty Cash Book for the month of August 4. Record the reimbursement of the Petty Cash Book

Answer 1

pettty cash book
receipt	date	voucher particulars	ref	payment	stationary	staff amen	travel	cleaning	gst reeivable
300	1-Mar	cash	101
	3-Mar	stationary	1	44	39.6				4.4
	5-Mar	milk	2	2		2
	7-Mar	bus fare for staff	3	9.9			8.91		0.99
	9-Mar	taxi fare paid to staff	4	82.5			74.25		8.25
	15-Mar	purchased cleaning products	5	14.3				12.87	1.43
	20-Mar	stationary	6	49.5	44.55				4.95
	25-Mar	taxi fare paid to staff	7	89.1			80.19		8.91
				291.3	84.15	2	163.35	12.87	28.93
	31-Mar	balance c/d		8.7
300				300