Page 306 - Account 10

NUMERICAL PROBLEMS

1. The following information is taken from a government office.
Annual Budget Expenditure upto Expenditure
B.H. No. Expenditure Head
Amount (Rs.) Ashwin (Rs.) of Kartik (Rs.)
21111 Salary 2,00,000 45,000 30,000
21112 Local Allowance 4,000 900 300
22311 Travelling Expenses 20,000 4,000 2,000
22612 Office Expenses 18,000 4,500 2,000
29311 Furniture & Fixtures 40,000 9,500 3,700
29511 Machinery& Equipments 1,00,000 30,000 12,000
Additional Information
i. Revolving fund received. Rs. 2,12,000.
ii. Petty Cash Fund balance at the end of the month, Kartik Rs. 500.
iii. Uncleared TADA advance Rs. 1,300.
Required
Monthly Expenditure Report for Kartik, 2074, showing:
a. Total expenditure upto the end of Kartik
b. Bank Balance at the end of Kartik.
c. Unspent budget release upto the end of Kartik.
d. Net expenditure upto Kartik.
Ans: a) Rs.1,43,900 b) Rs. 67,600 c) Rs. 68,100 d) Rs. 1,42,600
2. The details of expenses in District Police Office, Dolpa.
B.H. Annual Budget Expenditure Expenditure
No. Expenditure Head Amount (Rs.) upto Poush (Rs.) of Magh (Rs.)
21111 Salaries 1,44,000 72,000 12,000
21114 Field Allowance 12,000 6,000 1,000
22212 Repairs & Maintenance 6,000 3,000 500
22311 Office expenses 10,000 4,000 2,000
22711 Miscellaneous expenditure 8,000 5,000 1,500
29411 Vehicle 20,000 12,000 3,000
Total 200,000 102,000 20,000
Additional Information
Revolving fund Balance Rs 25,000.
Advance for vehicle of Rs 2,000 is not cleared.
Petty cash fund established with Rs 1,000.
Prepare statement of the Expenditure for the month of Magh, 2075, showing the
following information.
a. Total revolving fund release b. Expenditure upto Magh
c. Net expenditure d. Bank balance
e. Budget balance
Ans: a) Rs. 1,27,000 b) Rs. 1,22,000 c) Rs. 1,20,000 d) Rs. 4,000 e) Rs. 78,000.

306 Aakar’s Office Practice and Accountancy - 10 Monthly Statement 307