Page 290 - Account 10

a. Bhadra-5, received bank order of Rs. 80,000 and budget release order for
the expenditure of the last month.
b. Bhadra-10, purchased raw materials for production of Rs. 4,000 and paid
by cheque.
c. Bhadra-20, issued a cheque of Rs. 6,000 for bicycle for office use.
d. Bhadra-30, paid salary of Rs. 54,000 and allowance of Rs. 6,000 after
deducting staff provident fund Rs. 12,000.
Required: Post the transactions into Budget Sheet.
Hints:
a. Dr. Treasury Single Account (TSA) 80,000
Dr. Revolving fund 24,000
Cr. Budget Release 1,04,000
d. Dr. B.E. Salary 21111 66,000
Dr. B.E. Local Allowance 21112 6,000
Cr. Personal Provident Fund 12,000
Cr. Treasury Single Account (TSA) 60,000
21. Prepare the Budget Sheet of District Administration Office, Bhojpur from the
information and transactions given below.

Annual Expenses of
B.H, No. Budget heads/Sub heads
Budget Rs. Sharawan
21111 Salary 2,60,000 30,000
22211 Fuel 40,000 2,000
22311 Office expenses 25,000 5,000
26411 Grant to public body 1,60,000 40,000
29111 Purchase of land 5,20,000 0
29311 Furniture & Fixtures 25,000 5,000
Total 10,30,000 82,000
Additional Information :
a. On 2074/5/2, received a bank order and budget release order equal to the
expenditure of Shrawan.
b. On 2074/5/10, advance was given to office assistant Miss Aarati for
purchasing furniture Rs. 15,000 by cheque no. 10011.
c. On 2074/5/22, paid Rs. 2,500 as expenditure of copy, pen and files by
cheque no. 10012.
d. On 2074/5/25, office assistant Miss Aarati submitted the bill of Rs. 14,000
and bank voucher to clear her account and her advance was cleared.
e. On 2074/5/30, reimbursed the following expense made from the petty
cash fund through cheque no. 10014.
Ticket charges Rs.220, Newspaper Rs.350, Tea Expenses Rs. 100, Printing
Rs.550

290 Aakar’s Office Practice and Accountancy - 10 Budget Sheet 291