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hi..
inthe month of june our expenses 540.petty cash
replenishment we received 530.
in the next month we received the balance 10 and july petty
cash replenishment for 450 + 10.
how to prepare jv.

eg: subry expenses a/c 540
to cash 530
to ???? 10
july:
sundry expenses 450
??????????????? 10
to cash 460

pls help

Question Posted / bhavani@ug


hi.. inthe month of june our expenses 540.petty cash replenishment we received 530. in the next ..

Answer / sajeermoidu

IN JUNE
SUNDRY EXP A/C DR.......540
TO CASH .........................530
TO SUNDRY EXP PAYABLE/OUTSTANDING 10

IN JULY

SUNDRY EXP A/C DR........450
SUNDRY EXPPAYABLE/OUTSTANDING...10
TO CASH.....................460

Is This Answer Correct ?    4 Yes 0 No

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