Page 311 - Office Practice and Accounting 10

18. Following particulars are given:

Expenditure up to
Budget Head Annual Budget Expenditure of Falgun
Magh
Salary 1,50,000 87,500 12,500
Allowance 60,000 35,000 5,000
Water and Electricity 3,000 17,500 2,500
Rent 45,000 26,000 4,000
Fuel 24,000 14,000 2,000
Machinery 50,000 40,000 -
Total 3,59,000 2,20,000 26,000

Additional information:
i. Revolving Fund Received Rs. 2,60,000
ii. Unclear salary advance Rs. 1,000
iii. Petty Cash Fund Balance Rs. 500
Required: Statement of Expenditure showing balance at bank.
Ans. Bank Balance Rs. 13,500; Expenditure upto Falgun Rs. 2,46,000

19. The details of expenses in Land Reform Office, Baglung.

Budget Head No. Budget Heads Annual app. Rs. Exp. up to Ashwin Exp. of Kartik
21111 Salary 84,000 28,000 7,000
22612 Traveling expenses 5,000 2,000 -
22112 Communication 7,000 1,600 500
22311 Office expenses 6,000 3,000 1,500
22121 Rent 24,000 8,000 2,000
29311 Furniture 10,000 4,000 1,000
Total 1,36,000 46,600 12,000

Additional Information:

i. Revolving fund release amount Rs. 70,000.
ii. Uncleared traveling expenses advance Rs. 3,000
iii. Petty cash fund established with Rs. 500
Prepare Statement of the Expenditure for the month of Kartik of 2064, showing the
following information.

i. Revolving fund balance ii. Balance budget
iii. Bank balance iv. Net expenditure
v. Expenditure upto Kartik
Ans: i. Rs. 23,400, ii. Rs. 77,400 iii. Rs. 10,900, iv. Rs. 55,600, v. Rs. 58,600

Office Practice and Accounting 10 305