Use the information above to answer question Period 1: ........Cash to petty cashier.............N1000 ........Petty cashier...
FINANCIAL
JAMB 2009
Use the information above to answer question
Period 1:
........Cash to petty cashier.............N1000
........Petty cashier pays out............N780
Period 2:
........Petty cashier pays out............N840
If the float is increased to N1200, how much should the petty cashier receive after period 2?
- A. 160
- B. 840
- C. 1000
- D. 1040
Correct Answer: D. 1040
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