An imprest petty cash fund of $900 was established for minor disbursements. At the end of the month the fund included petty cash tickets for the purchase of $181 in supplies, $45 for postage, $76 for fuel and a delivery charge of $73. How much cash should left in the fund?

Question

Quizplus · Accepted Answer

The total amount of petty cash disbursements is $181 + $45 + $76 + $73 = $375. The amount of cash that should be left in the fund is $900 - $375 = $525.

An Imprest Petty Cash Fund of $900 Was Established for Minor