Home› For AAT student members› AQ 2013› AAT Level 2 (Level 5 in Scotland)
Current updates regarding coronavirus (Covid-19) and the precautions AAT are taking will be continually updated on the below page.

Please check this link for the latest updates:
We hope you are all safe and well and if you need us we will be here. 💚


petty cash question

jslutwjslutw Feels At HomeRegistered Posts: 28
in AAT Level 2 (Level 5 in Scotland)
I dont understand the answer to this question

a petty cash top up of 35 from the bank has not been entered i got this wrong on past paper can someone explan

Comments

  • PGMPGM Font Of All Knowledge Registered Posts: 1,954
    Cr bank 35
    Dr petty cash 35

    that'd be the entry??
  • anisurrahmananisurrahman Well-Known Registered Posts: 130
    You have to Credit £35 from the Bank account (money out: reduce your bank balance) and Debit the Petty Cash Account ( money in)

    Ronnie
    jslutw wrote: »
    I dont understand the answer to this question

    a petty cash top up of 35 from the bank has not been entered i got this wrong on past paper can someone explan
Sign In or Register to comment.