Page 227 - Account 10

Dr. Treasury Single Account (TSA)
Cr. Revolving/Imprest Fund
(Being revolving/imprest fund received)

Example:
2076-3-4, received bank order letter of Rs. 4,00,000 as revolving fund through bank transfer:
Government of Nepal AGF No.10.
........... Office, ............... JV No:
Journal Voucher Date: 2076-3-4
Code No. Particulars L.F. B. H. No. Debit Credit
Dr. Treasury Single Account (TSA) 4,00,000
Cr. Revolving/Imprest fund 4,00,000
(Being revolving fund received through bank
transfer )
4,00,000 4,00,000
Receipt No: ................. Cheque No: .................
Amount Received: Rs. Four lakh only. Cheque Amount:........................
Submitted By: ......................... Approved By: .........................
Position: ......................... Position: .........................
Date: 2076-3-4 Date: 2076-3-4
c. When the additional revolving fund is received
When the appropriate bill has not been passed, a preliminary revolving fund with
an amount equal to 1/6 of the last year’s total expenditure is created and necessary
th
adjustment is made on this fund after the appropriation bill for the current year is passed.
When 1/6 of the current years appropriation is more than the preliminary revolving
th
fund, additional revolving fund is released or vice-versa.
Dr. Treasury Single Account (TSA)
Cr. Additional Revolving Fund Release
(Being additional revolving fund release received)

The office was allocated Rs. 30,00,000 as the budget for the current year, on 075-4-10, and
the additional revolving fund Rs. 1,00,000 was received through bank from the Office of
the Treasury and Comptroller.

Solution:
Code No. Particulars L.F. B. H. No. Debit Credit
Dr. Treasury Single Account (TSA) 1,00,000
Cr. Additional Revolving Fund 1,00,000
(Being additional revolving fund release
received.)
1,00,000 1,00,000

226 Aakar’s Office Practice and Accountancy - 10 Journal Voucher 227