Five hundred naira 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

What was the balance of cash with the petty cashier at the end of period 1?

Similar Questions

The power to appoint the Auditor General of the Federation is vested in the ...

Cost reports for the intention of management should reflect? ...

........................31/12/08...........31/12/09 Furniture and fittings..N21,000,............N...

Sales ledger control account contains the total amount in respect of ...

A rent received by a trader for sub-letting part of his business premises should be added to the? ...

Given: Subscription in arrears 01/10/06...........N2,000 Subscription in advance 01/10/06............

Which of the following is not a liability? ...

The allocation of funds from treasury to accounting heads in public sector is ...

Given: Returns inwards............N1500 cash.......................N1550 Discount...................

Benefit enjoyed for which payments have not been made are? ...