Page 237 - Account 10

While establishing petty cash fund,
Dr. Petty cash fund
Cr. Treasury Single Account (TSA)
(Being petty cash fund created)

While reimbursing petty cash expenditure,
Dr. B.E. ...... (Head of Expense) .... }
Dr. B.E. .... (Head of Expense) ....... Individually
Cr. Treasury Single Account (TSA)
(Being petty cash fund reimbursed)
While closing petty cash fund,
Dr. B.E. ..... (Head of Expense) (...... If)
Dr. Treasury Single Account (TSA) (remaining amount)
Cr. Petty cash fund
(Being petty cash fund closed)

Illustration - 7
i. A cheque of Rs. 5000 was issued to Krishna Dhakal, the Petty Cashier of the office, to
create a petty fund on 2074-4-10.
ii. On 2074-4-16, a fresh cheque was issued for the reimbursement of the petty
expenditures made by him during the period as:
Postage and stamps Rs. 40 Telegraphic charges Rs. 55
Payment for stationeries Rs. 25 Refreshment expenses Rs. 20
Worshiping materials Rs. 15 Taxi fare Rs. 65
Newspaper expenses Rs. 33
Solution - i
Code No. Particulars L.F. B. H. No. Debit Credit
i. Dr. Petty Cash Fund 5,000
Cr. Treasury Single Account (TSA) 5,000
(Being Petty Cash Fund is created under the
responsibility of Petty Cashier Mr. Dhakal.)
5,000 5,000

Solution - ii
Code No. Particulars L.F. B. H. No. Debit Credit
ii. Dr. B.E. Office Expenses 22311 163
Dr. B.E. Communication Charge 22112 55
Dr. B.E. Miscellaneous Expenses 22711 20
Dr. B.E. Other Programme Expenses 22522 15
Cr. Treasury Single Account (TSA) 253
(Being the petty expenses during the period reimbursed.)
253 253

236 Aakar’s Office Practice and Accountancy - 10 Journal Voucher 237