Which of the following explains the imprest system of operating petty cash

Which of the following explains the imprest system of operating petty cash?A Weekly expenditure cannot exceed a set amountB The exact amount of expenditure is reimbursed at intervals to maintain a fixed floatC All expenditure out of the petty cash must be properly authorisedD Regular equal amounts of cash are transferred into petty cash at intervalsA company’s income statement for the year ended 31 December 20X5 showed a net profit of $83,600. It was laterfound that $18,000 paid for the purchase of a motor van had been debited to the motor expenses account. It is thecompany’s policy to depreciate motor vans at 25% per year on the straight line basis, with a full year’s charge in theyear of acquisition.What would the net profit be after adjusting for this error?A $106,100B $70,100C $97,100D $101,600Annie is a sole trader who does not keep full accounting records. The following details relate to her transactions withcredit customers and suppliers for the year ended 30 June 20X6:$Trade receivables, 1 July 20X5 130,000Trade payables, 1 July 20X5 60,000Cash received from customers 686,400Cash paid to suppliers 302,800Discounts allowed 1,400Discounts received 2,960Contra between payables and receivables ledgers 2,000Trade receivables, 30 June 20X6 181,000Trade payables, 30 June 20X6 84,000What figure should appear for purchases in Annie’s statement of profit or loss for the year ended 30 June 20X6?A $325,840B $330,200C $331,760D $327,760