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the balance by issuing a cheque no. 05678. And the deducted amounts were sent to deposit
in the respective accounts through cheque no. 05679, 056710 and 056711 respectively.

Solution;
Code No. Particulars L.F. B. H. No. Debit Credit
Dr. B.E. Salary 21111 65,000
Cr. Personnel Provident Fund 6,500
Cr. Personal Loan 2,000
Cr. Income Tax/Social Security Tax 1,000
Cr. Treasury Single Account (TSA) 55,500

(Being salary paid for the month of Falgun
after deducting the deductions)
65,000 65,000
While depositing the deductions into the respective accounts:

Code No. Particulars L.F. B. H. No. Debit Credit
Dr. Personnel Provident Fund 6,500
Cr. Treasury Single Account (TSA) 6,500
(Being the deductions deposited into the
respective accounts.)
6,500 6,500

Code No. Particulars L.F. B. H. No. Debit Credit
Dr. Personnel Loan 2,000
Cr. Treasury Single Account (TSA) 2,000
(Being the deductions deposited into the
respective accounts.)
2,000 2,000

Code No. Particulars L.F. B. H. No. Debit Credit
Dr. Income Tax/Social Security Tax 1,000
Cr. Treasury Single Account (TSA) 1,000
(Being the deductions deposited into the
respective accounts.)
1,000 1,000
Illustration - 6
On 5 of Falgun, 2074, salary for the month of Magh Rs. 2,50,000 was distributed
th
after deducting provident fund Rs. 25,000, citizen investment fund of Rs. 5,000, income
tax Rs. 2,000 and employees loan Rs. 6000, on 6 Falgun, and the next day, the deducted
th
amounts were deposited into the concerned accounts through different cheques.

234 Aakar’s Office Practice and Accountancy - 10 Journal Voucher 235