Page 218 - Office Practice and Accounting 10

Receiving or paying loan:
Lack of funds may be created in government office caused by delay in budget releases
or any other reasons. In such case, one government office can take loan from another
office with a promise to pay it later on. But approval from concerned authority is
necessary for such transactions. Journal voucher of loan is prepared as follows:
i) When loan is given or payment of loan is made to other office

Government of Nepal
…………………Office/Department/Ministry
AGF No. 10 J.V.No.: .........
Code Particulars L.F. B.H. Debit Credit
No. No. (Rs.) (Rs.)
Dr. ....... office loan
Cr. N.R. Bank
(Being loan paid to …...Office)
Total
Receipt No. : ........... Cheque No. : ...........
Received Amount : ........... Cheque amount : ...........
Submitted by : ........... Approved by : ...........
Position : ........... Position : ...........
Date : ........... Date : ...........

For Example

Prepare a journal voucher (AGF No. 10 ) of a government office from the given
transaction.

A cheque of Rs. 50,000 was issued to District Forest Office as a payment of loan on
2071/04/12.

Government of Nepal
…………………Office/Department/Ministry
AGF No. 10 J.V.No.: .........
Code Particulars L.F. B.H. Debit Credit
No. No. (Rs.) (Rs.)
Dr. Forest office loan 50,000
Cr N.R. Bank 50,000
(Being loan paid to forest office)
Total 50,000 50,000
Receipt No. : ........... Cheque No. : ...........
Received Amount : ........... Cheque amount : ...........
Submitted by : ........... Approved by : ...........
Position : ........... Position : ...........
Date : ........... Date : ...........

212 Office Practice and Accounting 10