O-LevelAccountingAccounting procedures7707/11 · May/June 2022 · Q71 Mark

Jabari maintains a petty cash book using the imprest system. The imprest is restored at the end of each month. Which amount restores the imprest at the end of a month?

Athe amount left in petty cash less the total of vouchers received

Bthe amount left in petty cash plus the total of vouchers received

Cthe imprest amount less the total of vouchers received

Dthe total of vouchers received

✓ Correct answer

D: the total of vouchers received

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Topic: Accounting procedures, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, May/June 2022 Paper 1 Variant 1, question 7.

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