Question
Depreciation =$\frac{\text { CostofAssetLess........... }}{\text { EstimatedWorkingLifeofAsset }}$
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| Opening Petty Cash Balance | Petty Cash Received | Petty Expenses paid | Closing petty Cash Balance | |||
| 400 | + | 1,600 | - | 1,450 | = | ? |
| Cash Purchases | Purchases Return | Cash Discount | Total Purchases | |||
| 28,000 | - | 1,000 | - | 500 | = | ? |