How to top up the float
At the end of the period the tin is restored to the imprest amount. Work out the top-up, post it and balance the petty cash book.
Task 1Working out the top-up3 questions
At the end of the period the tin is brought back up to the imprest amount. The top-up equals the total of the vouchers.
Quayside's imprest amount is £150. The vouchers for May add up to £64.30.
The top-up is cash drawn from the bank and put in the tin.
Task 2Balancing the petty cash book3 questions
Task 3Approval, and a bigger float3 questions