Inapakia....

JAMB UTME - Principles of Accounts - 2005

Swali 1 Ripoti

Five hundred naria monthly is allowed on an imprest system. The following transactions took place.Period1:

Cash advanced to petty cashier......₦500

Petty cashier paid out: stamp.......₦200

Newspaper...........................₦250Period 2:

Cash to petty cashier...............₦450

Cashier paid for writing materials..₦350How much should the petty cashier receive after period 2?