Page 274 - Account 10

7. Prepare Bank Cash Book for the month of Shrawan on the basis of the
following information.
a. An intimation was received from the Treasury and Comptroller’s Office
that Rs. 3,50,000 was deposited in the office’s bank account as preliminary
revolving fund on 3-4-074.
b. Issued a cheque no. 01546 to Padma Machineries and Tools for Rs. 30,000
for a computer purchased for office use on 8-4-074.
c. A cheque for Rs. 1,000 was issued to Petty Cashier, Lekhanath Dahal for
the creation of Petty Cash Fund on 15-4-2074.
d. An advance for furniture of Rs. 25,000 was given to Nayab Subba Narayan
Kafle, by cheque on 22-4-074.
e. Paid for the purchase of a piece of land for the office Rs. 70,000 by a cheque
no. 01567 on 25-4-074.
f. Telephone expenses of Rs. 2,500 for the month was paid by cheque on 31-
4-074.
g. Out of the total salary of Rs. 44,000 (including PPF addition) and allowance
of Rs. 3,000 for the month of Shrawan, balance was distributed by cheque
no. 01569
h. On 31-4-074 after deducting PPF Rs. 8,000, income tax of Rs. 1,000 and
provident fund loan of Rs. 3,000.
i. The deductions were deposited into the respective offices on the same day.
Ans: Bank Balance: Rs. 1,74,500, Budget Expenditure Dr. 1,74,500,
Miscellaneous Dr. Rs. 13,000, Cr. Rs. 3,62,000
8. Post the following transactions into the Bank Cash Book for the month of
Bhadra 2076.
a. The bank balance was revealed by the Bank Cash Book at the end of last
month was Rs. 45,000 on 2076-1-2.
b. Cheque no. 0123 for Rs. 25,000 was issued against the purchase of
typewriters for office use on 2076-1-3.
c. Budget release order and bank order for Rs. 200,000 has been received as
per the expenditure report of the last month on 2076-1-8.
d. Expenditures for stationery Rs. 50, newspaper Rs. 25, refreshment Rs.
20 and registration Rs. 15 were made by Petty Cashier Mr. L. Subedi on
2076-1-10.
e. Paid office rent Rs. 5,000 to the house owner Mr. Pashupati Gupta by
cheque no. 0124 on 2076-1-25.
f. After deducting Rs. 4,000 as provident fund and Rs. 2,000 as citizen
investment fund the balance of Rs. 16000 was paid to the staff as salary for
the month by cheque no. 0125 on 2076-1-30.

274 Aakar’s Office Practice and Accountancy - 10 Bank Cash Book 275