Five hundred naria monthly is allowed on an imprest syste...
Five hundred naria monthly is allowed on an imprest system. The following transactions took place.
Period1:
Cash advanced to petty cashier......N500
Petty cashier paid out: stamp.......N200
Newspaper.....................N250
Period 2:
Cash to petty cashier...............N450
Cashier paid for writing materials..N350
How much should the petty cashier receive after period 2?
N150
N250
N350
N500
Correct answer is B
No explanation has been provided for this answer.
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