Commerce and Accounting · JCE / Books of prime entry

StructuredExerciseForm 3 · JCE

Answer the following about the petty cash book.

  1. aExplain what the imprest system is. [2]
  2. bState two advantages of keeping a petty cash book. [2]

You'll mark your own answer against the marking guide when you hand it in.

Source: Thuto360 JCE practice
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