The BOD of Nancy Inc. authorized the set-up of petty cash fund on December 1, 2020, with an Imprest balance of 30,000. The following transactions occurred in December in relation to the petty cash fund. Dec. 1 A check amounting to 30,000 was drawn payable to Jo Torres, the custodian. Jo Torres presented the following petty cash vouchers with supporting documents for replenishment. Currencies on hand were at 16,000. PCV #/ Date Particulars Amount 5,000 101/ Dec. 5 Utilities 4,500 102/ Dec. 9 Office Supplies 3,000 103/ Dec. 13 Advances to employees What is the amount of the replenishment check on December 15?
The BOD of Nancy Inc. authorized the set-up of petty cash fund on December 1, 2020, with an Imprest balance of 30,000. The following transactions occurred in December in relation to the petty cash fund.
Dec. 1 A check amounting to 30,000 was drawn payable to Jo Torres, the custodian.
Jo Torres presented the following petty cash vouchers with supporting documents for replenishment. Currencies on hand were at 16,000.
PCV #/ Date Particulars Amount
5,000 101/ Dec. 5 Utilities
4,500 102/ Dec. 9 Office Supplies
3,000 103/ Dec. 13 Advances to employees
What is the amount of the replenishment check on December 15?
(Please include the solution, thank you)
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