JAMB - Accounts Principles Of Accounts (2020 - No. 12)

Use the following information below to answer this question 

Five hundred naira monthly is allowed on an imprest system. The following transactions took place
Period 1: 
Cash advanced to petty cashier 500
Petty cashier paid out: Stamp  200
 Newspaper 250
Period 2:
Cash to petty cashier 450
Cashier paid for writing materials 350

How much should the petty cashier receive after period 2?

₦150
₦350
₦250
₦500

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