WAEC Accounting 2022 Objective — Question 39

Use the following information to answer questions 39 to 41. Bola, a grocer, keeps petty cash on the imprest system, the float being GH¢8,000. These transactions took place in January 2018. January 1 Petty cash in hand — GH¢1,034 January 1 Petty cash to restore float — GH¢6,966 January 6 Bought note books — GH¢656 January 7 Paid wages — GH¢1,828 January 14 Bought postage stamps — GH¢750 January 16 Paid to Biodun, a creditor — GH¢1,072 January 18 Paid wages — GH¢1,856 January 23 Purchased envelopes — GH¢874 January 28 Purchased postage stamps — GH¢420 Amount posted to the personal ledger was

• A. GH¢6,966
• B. GH¢3,684
• C. GH¢1,072Correct
• D. GH¢1,034