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Find what amount of the replenishment check on december

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Reference no: EM132691049

The BOD of Nancy Inc. authorized the set-up of petty cash fund on December 1, 2020 with an imprest balance of P30,000. The following transactions occurred in December in relation to the petty cash fund.

  1. December 1 A check amounting to P30,000 was drawn payable to Jo Torres, custodian.
  2. Jo Torres presented the following petty cash vouchers with supporting documents for replenishment. Currencies on hand was at P16,000.

PCV #/Date             Particulars Amount

101/Dec.5             Utilities P5,000
102/Dec.9                 Office Supplies 4,500
103/December 13      Advances to employees 3000

Problem 1: What is the amount of the replenishment check on December 15?

Reference no: EM132691049

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