1 answer

QUESTIONS Part A Petty Cash You are working as a finance clerk at AKV Enterprises Pte...

Question:

QUESTIONS Part A Petty Cash You are working as a finance clerk at AKV Enterprises Pte Limited which is registered for VAT for
QUESTIONS Part A Petty Cash You are working as a finance clerk at AKV Enterprises Pte Limited which is registered for VAT for tax purposes in Fl. On 2 August 2019, the Accountant resigned and Mr. Anthony Koda Victor, the owner, handed over the petty cash till to you. The petty cash had just been reimbursed. The float for the petty cash till was $300. The following are the petty cash transactions for August 2019 (All purchases include VAT expect otherwise stated): Amount Date Particulars Voucher 03-08-20 03-08-20 06-08-20 12-08-20 13-08-20 13-08-20 16-08-20 $18.00 $45.00 S55.00 $11.00 530.00 S25.00 $15.50 $23.50 18-08-20 18-08-20 20-08-20 $17.50 $10.50 342 Purchased writing materials 343 | Purchased coffee and milk for staff 344 Paid for fuel for company vehicle 345 Purchased recharge card for company driver's mobile phone 346 Gave donation to Red Cross 347 Purchased carton of printing paper 348 Paid for coffee at Gloria Jeans with client Purchased bara and bhajia for staff function (Vendor not VAT 349 registered) 350 Purchased office kitchen utensils 351 Purchased air freshener for office 352 paid for car wash for company vehicle (Business not VAT registered) 353 Paid taxi fare. Taxi driver not registered for VAT 354 Voucher cancelled 355 Paid for postage 356 Purchased stapler and paper punch 357 Paid for parking 359 Purchase wreath for a client funeral (Vendor not VAT registered) 360 Purchased office tube lights 361 Purchased office cleaning materials $15.00 20-08-20 $8.50 22-08-20 22-08-20 25-08-20 25-08-20 26-08-20 28-08-20 29-08-20 29-08-20 $5.50 $26.50 $5.00 $45.00 $50.00 $65.00 On 17 August 2019, the petty cash was reimbursed with Cheque # 2235. On 27 August 2019, the petty cash float was increased by $100 with Cheque # 2290 On 30 August 2019, the petty cash was reimbursed with Cheque #2354 Required: 4. Complete the petty cash book for AKV Enterprises Pte Limited for August 2019. 8. Prepare required General Journal Entries

Answers

V.N. total payment debit 2019 journal entries 2-Aug petty cash account to cash (being petty cash account debited with float a

please upvote if it helped

thanks

.

Similar Solved Questions

1 answer
Picture 1 shows an example of the question I need help with. Picture 2 is my...
Picture 1 shows an example of the question I need help with. Picture 2 is my question. Answer completely using the example in picture 1 as a template. correct answer= thumbs up The role a searchght is in the shape of a paraboloid of revolution its diameter is 40 inches and its depth is 20 inches...
1 answer
How do you solve #9x^2 - 7x = 12# using completing the square?
How do you solve #9x^2 - 7x = 12# using completing the square?...
1 answer
A clear, easily readable solution will get a positive rating....thanks Find the mobility and Grashof condition...
A clear, easily readable solution will get a positive rating....thanks Find the mobility and Grashof condition of the mechanism shown below. 2.79 6.95 M 9.17 9.17 9.57 9.17...
1 answer
The following is a news item reported by Reuters: WASHINGTON, Jan 29 (Reuters)-Knowlton Medical Group, a...
The following is a news item reported by Reuters: WASHINGTON, Jan 29 (Reuters)-Knowlton Medical Group, a maker of reconstructive implants for knees and hips, on Tuesday filed to sell 3 million shares of common stock In a filing with the U.S. Securities dnd Exchange Commission, it said it plans to us...
1 answer
Given the following two measurements of the equililbrium constant for a reaction, calculate A for the...
Given the following two measurements of the equililbrium constant for a reaction, calculate A for the reaction. (ku/mol) 20.0 6 x 10 45.0 14.5x...
1 answer
During March 2019, Alaska Corporation recorded $236,000 of costs related to factory overhead. Alaska's overhead application...
During March 2019, Alaska Corporation recorded $236,000 of costs related to factory overhead. Alaska's overhead application rate is based on direct labor hours. The preset formula for overhead application estimated that $250,000 would be incurred, and 12,500 direct labor hours would be worked. D...
2 answers
How do you solve #10x^2-56=88-6x^2#?
How do you solve #10x^2-56=88-6x^2#?...
1 answer
3. Sketch stuff (by hand or by computer) 3.1 Systems signals The signal x()-sin^t), for 0stsl;...
3. Sketch stuff (by hand or by computer) 3.1 Systems signals The signal x()-sin^t), for 0stsl; is applied to a circuit with an impulse response given by h(t)-2, for Osts1. Sketch these signals and the output of the circuit If the input signal is now set to x()-6(t-3), sketch the input and output sig...
1 answer
When preparing a tax return, it is important to complete each step in the order prescribed....
When preparing a tax return, it is important to complete each step in the order prescribed. Click in each entry field then type the prescribed step. Step A: Determine Adjusted Gross Income Equals Less Step B: Calculate Taxable Income Larger of itemized deductions or standard deduction Less Equals St...
1 answer
Which of the following is the best example of a Type I subsequent event? a. The...
Which of the following is the best example of a Type I subsequent event? a. The company defaults on its line-of-credit with the bank subsequent to year end but previous to the release of the audit opinion. b. The company initiates an initial public offering subsequent to year-en...
1 answer
Know which respiratory and digestive system structures increase surface area, where each is found, and why...
know which respiratory and digestive system structures increase surface area, where each is found, and why that is important...
2 answers
Basic physics; will rate lifesaver
The small mass m sliding without friction along the loopedtrack shown in the figure is to remain on the track at all times,even at the very top of the loop ofradius r.For the following answers, use only the symbolsgiven.(a) Determine the minimum release height h in terms ofthe radius r.1Now assume t...
1 answer
Question 8 (10 points) Consider the following parametric curve: æ(t) = ť- 2t+2, y(t) = ť-...
Question 8 (10 points) Consider the following parametric curve: æ(t) = ť- 2t+2, y(t) = ť- 2+ + 2t - 3 In the FIRST answer box, write the SLOPE of the tangent line at t-2 and in the SECOND answer box, write the EQUATION of the tangent line at t-2. You do NOT need to show work. -...
1 answer
Homework: 7.2 HW Score: 0 of 1 pt 7.2.8-T Save 3 of 10 (2 complete) Hw score: 20%, 2 of 10 pts Qu...
May you explain it too, please? Thank you. Homework: 7.2 HW Score: 0 of 1 pt 7.2.8-T Save 3 of 10 (2 complete) Hw score: 20%, 2 of 10 pts Question Help Assume that we want to construct a confidence interval. Do one of the following, as appropriate: (a) find the critical value tx/2, (b) find the cri...
1 answer
Write a java program that compute the circumference and area of a circle from the user...
Write a java program that compute the circumference and area of a circle from the user input for a radius....
1 answer
Item 4 Write the chemical formula of the gas formed from each combination of reactants. Item...
Item 4 Write the chemical formula of the gas formed from each combination of reactants. Item 4 - Part C-HC2H3O2 and NaHCO3 C= ALTO ? Submit Request Answer Part D - Al2S3 and HF I= AED 0 2 ? Submit Part E - HI and BaSO3 = AEO 0 0 ? Submit Request Answer...