0452.2.3.07 — explain and apply the imprest system of petty cash.: past paper questions
Real questions on 0452.2.3.07 — explain and apply the imprest system of petty cash.
The newest 12 of 12 written questions. Open one to see it on the real paper.
- 0452/21 · May/June 2026 · Q1a[11]
Prepare Reggie’s petty cash book for the month of April 2026. Balance the petty cash book and bring down the balance at 1 May 2026. date 2026 details Reggie Petty cash book total paid $ cleaning $ office expenses $ ledger accounts $ total received $ The amount of cash drawn from the bank account to restore the imprest...
See it on the paper → - 0452/23 · October/November 2025 · Q1a[12]
Prepare Sid’s petty cash book for the month of April on page 3. Balance the petty cash book at 30 April 2025 and bring down the balance at 1 May 2025. Restore the float to the agreed level. Ĭ×Ċ®Ġ´íÈõÏĪÅĊàú¸þ× 350 Total received $ Date Details Total paid $ Cleaning $ Fuel $ Office expenses $ Travel expenses $ Ledger acc...
See it on the paper → - 0452/23 · October/November 2025 · Q1b[1]
State the name of the system used to maintain petty cash books.
See it on the paper → - 0452/23 · October/November 2025 · Q1c[1]
State one advantage of operating a petty cash account.
See it on the paper → - 0452/23 · October/November 2025 · Q1d[2]
Sid made the following transactions during the month of May 2025: • withdrew $1500 cash from the business bank account for his own personal use • bought car parts on credit from AB Autoparts. The list price of the parts was $830 but was subject to 20% trade discount. REQUIRED (d) State two reasons why there might be a...
See it on the paper → - 0452/22 · May/June 2024 · Q1a[3]
Calculate the amount required to restore the petty cash imprest on 1 May 2024. The petty cash book is one of the books of prime entry. REQUIRED
See it on the paper → - 0452/23 · May/June 2024 · Q1a[3]
Calculate the amount required to restore the petty cash imprest on 1 May 2024. The petty cash book is one of the books of prime entry. REQUIRED
See it on the paper → - 0452/21 · October/November 2022 · Q2a[2]
State two advantages of maintaining a petty cash book.
See it on the paper → - 0452/21 · October/November 2022 · Q2b[8]
Complete Rasheed’s petty cash book for the month of September 2022 on the next page. Balance the petty cash book and bring down the balance on 1 October 2022. Clearly show the amount required to restore the imprest.
See it on the paper → - 0452/23 · October/November 2022 · Q2a[2]
State two advantages of maintaining a petty cash book. Rasheed’s transactions for the month of September 2022 were as follows. September 2 7 13 18 25 29 Paid taxi fare Paid purchases ledger account of Crystal Bought postage stamps Paid purchases ledger account of Kalpa Paid bus fare Paid cleaner $ 12 16 10 15 5 28 REQU...
See it on the paper → - 0452/23 · October/November 2022 · Q2b[8]
Complete Rasheed’s petty cash book for the month of September 2022 on the next page. Balance the petty cash book and bring down the balance on 1 October 2022. Clearly show September 1 100 2022 Date Total Received $ Cash Details Total paid $ $ Travel Rasheed – Petty Cash Book $ Postage $ Cleaning Ledger accounts $
See it on the paper → - 0452/22 · February/March 2020 · Q1a[10]
Prepare Amara’s petty cash book for the month of January 2020, on the page opposite. Balance the petty cash book and bring down the balance on 1 February 2020. Details Date Total received $ Total paid $ $ Travel Amara Petty Cash Book Postage and stationery $ Ledger accounts $ Amara’s supplier, Razvan, maintains a full...
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What examiners said
Two advantages of maintaining a petty cash book were required. Common acceptable answers related to reducing the number of entries in the main cash book and the ledger, division of labour and training for juniors. The imprest system of petty cash may help to reduce fraud: simply maintaining a petty cash book will not.
— Examiner report, October/November 2022, 0452/23 Q2(a) (Cambridge)
Using data provided, a petty cash book had to be prepared. Most candidates were able to score high marks. Common errors included incorrect details, such as ‘bus’ for ‘bus fare’ and ‘purchase ledger’ for ‘Crystal’. The totalling of the analysis columns and the balancing caused problems for some candidates, and many omitted to show the restoration of the imprest.
— Examiner report, October/November 2022, 0452/23 Q2(b) (Cambridge)
Using information provided, candidates were required to prepare a petty cash book. Many candidates were able to earn very high marks. Some candidates did not make an entry for the restoration of the imprest on 1 January. A small number of candidates did not total the analysis columns and did not provide matching totals for the total received column and the total paid column. It should be remember...
— Examiner report, February/March 2020, 0452/22 Q1(a) (Cambridge)
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