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BGCSE Accounting 1442 Practice Questions - BEC BGCSE BSSE Accounting (Syllabus 1442) Exam

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A petty cash float is maintained at P1,500 under the imprest system. During May, petty cash vouchers paid were: cleaning P340, stationery P210, and taxi fares P180. How much cash must be restored to the petty cashier at the end of May to restore the float?
Correct Answer:
P730

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