five hundred naria monthly is allowed on an imprest system. The following transactions took place.

Period1:

Cash advanced to petty cashier......N500

Petty cashier paid out: stamp.......N200

Newspaper...........................N250

Period 2:

Cash to petty cashier...............N450

Cashier paid for writing materials..N350

What was the balance of cash with the petty cashier ata the end of period 1?

• A N50
• B N200
• C N300
• D N450