Yo yo yo. I came back from America and my class did this while I was gone and I understood nothing. This short explanation of a petty cash book really helped me a lot. Thanks

I have been tearing my hair out in exasperation and dreading doing the petty cash section in my coursework because I have been finding it confusing. Now, after watching your tutorial, I am beginning to understand it much better! :) Thank you for your clarity.

@persadsanjay

9 ай бұрын

i dont understand isnt the balance 1600-1351.70

I see all this searches can only during exam 🤣🤣

@LindleyCoetzeeBeatAccMath

3 жыл бұрын

:)

HI Azmera. Thanks for your question.For grade 8-12 Accounting it would be fine to classify the loan under sundry in the petty cash. But in the working world the employee would be a receivable(current asset) until the small loan is paid back.If the employer charged interest then that would be interest received(income). Its not uncommon to sometimes have more cash in the petty cash but in this case it would have a zero effect seeing as the money is taken out and will be paid back if no interest is charged.I hope this answers your question.

Thank you so much ! We haven't been going to school for weeks and I really needed to catch up, thank you so much !💕

So glad you have this video bro, im currently studying accountings and your teachings makes more sense than my lecturer's! haha cheers m8

Om my gosh,I loved every bit of it!How you are explaining?Wonderful.👌This was so helpful thank you because i had no clue what's usually done,and with this i do!! Keep it up and God bless you!

Loved your video! It's simple, clear and very informative.

clearly explained, after watching this i can confidently tackle my assignment, THANK YOU!

@LindleyCoetzeeBeatAccMath

4 жыл бұрын

Its a pleasure.

@user-xm4bo2uf3q

9 ай бұрын

Thank God

Thank you so much God bless you and laughter and joy will not seize for the rest of your life

Very clear and helpfull, well understood. Thanks a lot.

@LindleyCoetzeeBeatAccMath

7 жыл бұрын

Thanks a lot

Thank you soooo much you made me over come all my doubt very clear and understanding explanations well done👍

Thank you sooooo much u helped me a lot. Everything was clearly explained and u reminded us all the concepts during the transactions u are really awesome!!

@persadsanjay

9 ай бұрын

i dont understand isnt the balance 1600-1351.70

This is so helpful 😊, thanks sir

you are the best among the bests ,you are clear and specific

That’s the worlds most expensive broom

@LindleyCoetzeeBeatAccMath

Ай бұрын

Namibian Dollars

hey, i have a question. if the question stated if it is a refund, which column should i put in? if it's given a ledger account column, do we put the amount in that column or what?

For some reason I understand him more than my teacher

Me ayudó a entender por fin a esta parte de las finanzas. Muchas gracias.

Bro u fr real saved my exam : D

It has really, really, really helped me a lot. I was lost at first but now I understand, thank you so much 💜💜🙂

Thank you! I am now able to do my coursework

Thank you for the well explained video 👍👍

This was so helpful. Thank you so much

Thanks bro i was struggling to complete it

very well explained. thank you :)

@LindleyCoetzeeBeatAccMath

8 жыл бұрын

+Dadrea Phillips Thank you :)

+ Lindley Coetzee Good day/evening Lindley, I have a question.. is petty cash- initial advance the same thing as float? I have a task whereby A) I have to enter information into a multi-column petty cash book maintained on the imprest system. no. 1 on the list is 'Cash cheques from head cashier=R600 (600 rands). .. and the list goes on. B) Rule off the month's transactions, bring down the relevant balance, and restore the imprest amount to R600.... Do I need to know the float amount or I can just work without knowing it? on A) will I enter that R600 under sundries? Thanks.

@LindleyCoetzeeBeatAccMath

8 жыл бұрын

+Salome Leseyane Hi. The petty cash is started with a float. So if the float is R1000 at the beginning of the month then it needs to start with R1000 at the start of the next month.The "Cash cheques from head cashier=R600" you refer to is whereby the petty cash is replenished. This is a receipt(dr) in your petty cash book and an outgoing payment(cr) in your cash book.I hope I was able to answer your question.

@salomeles.1539

8 жыл бұрын

+Lindley Coetzee ooh. Ok Thank you. Thank you so much.

that outro was epic

thank you , but you considered a loan to a staff as expense, how will u treat it when your staff bring the money back, you will have more cash.i need more explanation

@ErmanoVlogs

6 жыл бұрын

azmera okbamicael it shouldn't be expense but considered as advances to the employee (receivable).

Thank you.Really appreciate this.👍

@LindleyCoetzeeBeatAccMath

6 жыл бұрын

Pleasure Efy. Thank you

Mrs Big COMPANY started a COMPANY called Mrs Big COMPANY 😂😂😂

thank you so much bro .. may God bless you .

@lindleycoetzee8964

7 жыл бұрын

haseeba ali Thank you very much for your kind words

The Petty Cash Book #accounting #pettycash #education #lessons

Hi Irena. Thanks for your comment. Would you mind responding in English please?

Thanks for the help.i request u to do a three column cash book please

Thnak you so much n it s clear as water !!! cheers !!!

@LindleyCoetzeeBeatAccMath

7 жыл бұрын

Thanks a lot

very well and clever thank you so much

Thank you: this was really helpful

Correct me if I'm wrong, but can't you just find the total at the end of the month and then put that in the next month, and then put the receipt on the debit side so that you can have it back at 1600? I mean, I understand your method, but the method I learnt at school is a little bit different.

Thank you ❤️❤️

THANKYOU SO MUCH FOR THIS!!

Thank you for the information

Helpful....u will not fail 🤞🏿🔥✊🏿

Hi, thank you so much for posting the video, it helped me so much. I would like to know if you have other posts especially on financial accounting subject please. Thank you.

@LindleyCoetzeeBeatAccMath

8 жыл бұрын

+Salome Leseyane Thank you. Not that much but you can heck them out here kzread.info/dash/bejne/oZuGuqScY5exlNY.html

@salomeles.1539

8 жыл бұрын

+Lindley Coetzee Ok, thank you Lidley. If I have questions I will put them here. I am currently busy with Financial accounting assignments. I never had to do this subject before now I am coming across it and I am struggling quite a lot. Thank you again.

@LindleyCoetzeeBeatAccMath

8 жыл бұрын

+Salome Leseyane Always happy to help

@OlObuffalo

5 жыл бұрын

This is the other thing I needed help with so once again, thank you~ @@LindleyCoetzeeBeatAccMath

thank you

Hello I have a question what if the float was 10'000 then you got a additional 15.000 do you gotta balance it to reach the original 10.000 in the end

@rosethomas3995

2 жыл бұрын

Float is the amount receive for the period. If the petty cashier has a balance from the previous month, it would be that balance plus what was refunded. This would give you the float. This is my understanding.

Thank u so much !!!!

Wow thanks this was helpful

Just wanted to clarify something; You said "CB" stands for "Cash Book". My understanding is that it stands for "Check Book" as that is the instrument used to draw the money whereas, there is no "Cash Book". Is Cash Book standard accounting/booking terminology?

@LindleyCoetzeeBeatAccMath

5 жыл бұрын

Yes it is .You also get cash receipts book and cash payments book which is 2 separate books.....but all they are is the debit side and the credit side of the cashbook shown in 2 separate books

So helpful thank you so much 🔥🔥🔥

Thanks a million

Huge help..thanks!

thank you so much i really understood thaankssss

Thank you!

i so appreciate this video

Thank u. Awesome 👌

Gud Teachng Thnks FR Teachng

thank you so much

Thankyou so much

Good explanation

Hi, this was helpful. I how about if the expenses are more than imprest amount? Kindly assist with an example of such

@LindleyCoetzeeBeatAccMath

Ай бұрын

very unlikely in a school question but in that case the petty cash would need to be topped up. in that case the top up amount would entered in the receipt column.

Hi sir, I have a question, if they don't give the voucher number at all in the transaction part, do i still need to write it?

@LindleyCoetzeeBeatAccMath

Ай бұрын

depends what your teaching says. usually they give the 1st voucher number and then you need to continue with the rest. that's what they do/did in Namibia.

I understand this topic. is very nice

Thanks😊😊

Thanks

Just have a massive petty cash overage and i dont know what to do..

Very good thanks

Good job 👌

i dont understand isnt the balance 1600-1351.70

thank u so much very help full

thank u

I dont think that was necessary around 12:40 all you have to do is subract the difference between the beginning balance (1,600- 1,351.70= 248.3) and you now know whats left in the account and what amount should be added to it which is 1,351.70 if the account should always have 1,600.00

@LindleyCoetzeeBeatAccMath

Ай бұрын

there are always more efficient ways to do things. i prep the videos on how the curriculum is structured. if that's how it is in the text book then that is how it is going to be in the exam. also take note that this was back in 2015.

Interesting lessons on computer 💻

thank you this helps a lottt

Have you forgotten to split VAT in specific transactions?

@LindleyCoetzeeBeatAccMath

Ай бұрын

no VAT for grade 8 in 2015

How do you post the Petty Cash to the general ledger

@LindleyCoetzeeBeatAccMath

Ай бұрын

dr each expense and cr petty cash. Then to top up(restore) dr petty cash and cr cash

very helpful

Lovely video. 🤞

@LindleyCoetzeeBeatAccMath

5 жыл бұрын

Thank you

Very good

Nice video done..

Dankie, my friend

@LindleyCoetzeeBeatAccMath

Ай бұрын

Plesier my pel

thanks sir

@LindleyCoetzeeBeatAccMath

6 жыл бұрын

Pleasure

Wow realy thank you very much

@elsawambai1452

6 жыл бұрын

ggggggggoooooodddddddd explanation

What are analysis columns

@LindleyCoetzeeBeatAccMath

4 жыл бұрын

The columns where the expenses are grouped into categories for example office expense,motor expense etc.

What is b/d, CB, c/d ?

@gdsimpson3

4 ай бұрын

b/d === Brought Down C/D === Carried down CB === Cash book

Is this Namibian. Is see N $ being used?

@LindleyCoetzeeBeatAccMath

6 жыл бұрын

Yes. I am a Namibian :-)

I learn a lot thank you

why do we add the $1600 to the $1351.70 instead of subtracting

@LindleyCoetzeeBeatAccMath

Ай бұрын

totals. same principle as the cash book.

Is this analytical petty

Super

great

For the lesson

@LindleyCoetzeeBeatAccMath

4 жыл бұрын

Huh?

it is not visible

💶💰💴💵💷💸

wt is treatment of cheque received from accounts officer Imprest amount $500

@LindleyCoetzeeBeatAccMath

4 жыл бұрын

Cr Bank 500 and Dr Petty Cash 500

tante for kufundisha

@LindleyCoetzeeBeatAccMath

3 жыл бұрын

?????

I have my ols in 30 mins🙂

Hi sir iam finding it diffiultly solving please help me solve ir

Do u know hindi..??

@LindleyCoetzeeBeatAccMath

3 жыл бұрын

No. English and Afrikaans.

calculations don't seem right cuz the total receipt 1600 less total payments 1351.7 it gives =248.3

@srinivaseena9852

4 жыл бұрын

Seena