Under the imprest system, a petty cashier starts with Rs 10,000 and spends Rs 7,350 during the period. How much is reimbursed to restore the imprest?
Correct answer B. Rs 7,350
Explanation
Under the imprest system, the petty cashier is reimbursed with the exact amount spent, Rs 7,350, which brings the float back to Rs 10,000.
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