The imprest system float is £350. During the month the secretary purchases tea for £18, pays travel expenses of £55, purchases sundry stationery worth £38, purchases milk for £18, purchases stamps for £56, pays for the laundry of the kitchen tea towels of £88 and pays for biscuits £8. The float is to be reduced to £280 at the end of the month.
How much reimbursement will be required at the end of the month?

Question

Quizplus · Accepted Answer

The Answer of The imprest system float is £350. During the month the secretary purchases tea for £18, pays travel expenses of £55, purchases sundry stationery worth £38, purchases milk for £18, purchases stamps for £56, pays for the laundry of the kitchen tea towels of £88 and pays for biscuits £8. The float is to be reduced to £280 at the end of the month.
How much reimbursement will be required at the end of the month?

The Imprest System Float Is £350