Page 268 - Account 10

iv. 5-11 Dr. B.E. Machinery Equipment 29511 43,000
Dr. Treasury Single Account (TSA) 2,000
Cr. Mr. Suresh Poudel clearance of
advance for machinery equipment 45,000
(Being advance of Mr Suresh Poudel
cleared after incurring the expenditure)
v. 5-14 Dr. B.E. Office Expenses 22311 7,200
Cr. Treasury Single Account (TSA) 7,200
(Being stationery purchased)
vi. 5-16 Dr. Personnel provident fund 6,500
Cr. Treasury Single Account (TSA) 65,00
(Being provident fund of Shrawan
deposited into the concerned account)
vii. 5-20 Dr. B.E. Salary 21111 80,000
Cr. Treasury Single Account (TSA) 80,000
(Being Dashain allowance provided to
the office staff)
viii.5-30 Dr. B.E. Salary 21111 85,500
Cr. Personnel provident fund 14,000
Cr. Personnel provident fund Loan 7,000
Cr. Income Tax 1500
Cr. Treasury Single Account (TSA) 63,000
(Being salary of Bhadra distributed after
deducting the necessary deductions.)
Total: 5,80,200 5,80,200
Trial Balance
Code No. Particulars L.F. Debit Credit
1 Cash A/c - -
2 Bank A/c 3,52,000 1,62,700
3 Budget Expenditure A/c 2,21,700 45,000
4 Advance Expenditure A/c 6,000 45,000
5 Miscellaneous A/c 6,500 3,72,500
5,86,200 5,86,200

Note: i. Budget Expenditure A/c has a single column for amount, it is for debit but in
case of clearance, it records the credit amount, which is kept in bracket. Thus,
the total outside the bracket denotes debit total and the total of inside bracket
amount denotes credit total.
ii. The difference between two totals in trial balance is Rs. 39,000, which is equal
to the difference in advance given and clearance.

268 Aakar’s Office Practice and Accountancy - 10 Bank Cash Book 269