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WAEC Book Keeping 2024 Objective — Question 22

Question 22 of 40 from the West African Examinations Council (WAEC) Book Keeping 2024 Objective paper, with the correct answer and a full explanation.

22. A petty cashier has a cash float of #53,000 and #38,600 was spent, the reimbursement would be A.

A. #91,600.
B. #53,000.
C. #38,600.Correct
D. #14,400.

Explanation

The petty cashier is always reimbursed with the amount spent.

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