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Mr  Ali Enterprise decided to establish a petty cash funds to help ensure internal control over its small cash expenditures

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Mr  Ali Enterprise decided to establish a petty cash funds to help ensure internal control over its small cash expenditures. The following information is available for the month of April 2016. . 1. 12. On April 1, it established a petty cash fund in the amount of Rs.2000. A summary of the petty cash expenditure made by the petty cash custodian as on April 10 is as follows:- a. Taxi fare paid........... ... Rs.600 b. Office Supplies Expense.. Postage expense.... .......RS.250 C . .......Rs.330 d. Refreshment charges.... ...... RS.170 2 e. Miscellaneous expense ....... -........RS.360 The petty cash fund was replenished on April 10. The balance in the fund was Rs.250. Instructions:- Prepare the journal entries to record transactions related to petty cash for the month of April. Q#6:-M/S.Kashif & Co. established a petty cash fund for an amount of Rs.5000/-on 1st September 2014. The payments made during the month are listed below:- September 2 . 3 . Taxi Charges ................." .............RS.350 5. Transportation charges ............. ......Rs.500 Office Supplies Expense. ...... Rs.700 ..Rs.250 9. Courier charges.... Freight paid for bringing an office desks. ...Rs.250 11. Taxi charges ...... ... RS.175 14. Tea, biscuits, etc. for customer... .......RS.350 20. Refreshment....... ......RS.375 25. Office supplies........ .........RS.400 30. Postage Charges ........ ........RS.200 The physical cash with the custodian of the petty cash fund was Rs.1350/- as on September 30, 2014. The fund was replenished on 30th September 2014. Required:- Prepare the journal entries to record the transactions related to the petty cash for September 2014. Q#7 Sunrise Enterprises established a petty cash fund for the disbursement of petty expenses of office in the month of june 2019. I. Petty cash fund was established for an amount of Rs.2000. II. Following expenses were paid out of petty cash during the month of June, 2019, following voucher were present with the custodian of fund. Courier Charges ..... ......RS.460 Telephone Expense . .......RS.175 Repair Expense .. ...... RS.270 The physical cash with the custodian of the petty cash was Rs. 1200/= as on June 30th 2019. The fund was replenished on 30th June 2019. Q#8 Agriculture supplies maintains a petty cash fund to pay small day to day expenses, during the month of the December 2018, following information are available related to the fund. 1 st Dec: Petty cash fund was created of Rs.3000/=. 30th Dec: Following expenses were paid out of petty cash fund during the month of December 2018, following payment receipts were available with the custodian of fund. Refreshment charges .................. Rs.500 Car fuel charges .................Rs.500 Electric equipment expense .......Rs.1000 The physical cash with the custodian of the petty cash was Rs.1100, as on the end of the month. The fund was replenished on 31st December.