Page 316 - Office Practice and Accounting 10

Budget Head No. Budget Heads Annual app. Rs. Exp. up to Ashwin Exp. of Kartik
21111 Salary 2,40,000 1,00,000 20,000
21112 House rent 15,000 5,000 1,000
22311 Office expenses 20,000 8,000 2,000
22711 Miscellaneous exp. 12,000 3,000 500
29311 Furniture 30,000 15,000 -
29511 Machinery tools 40,000 35,000 500
Total 3,57,000 1,66,000 23,500

Additional Information:

i. Revolving fund balance Rs. 30,000.

ii. Uncleared furniture advance Rs. 2,000
iii. Cash in hand Rs. 2,000

Prepare statement of the expenditure for the month of Kartik of 2069
showing the following information:

i. Total budget release ii. Balance budget

iii. Bank balance iv. Net expenditure
v. Expenditure upto Kartik

Ans: i. Rs. 1,96,000, iii. Rs. 6,000, iv. Rs. 187500, v. Rs. 1,89,500

310 Office Practice and Accounting 10