Example2_budgetsheet


Following Particulars of a government office are given below:
Shrawan 3
:
Received a bank order and budget released order letter for the amount equal to 1/6th of last year and expenditure of Rs. 12,00,000
Shrawan 5
:
Issued a cheque of Rs. 10,000 to pay allowance.
Shrawan 10
:
Issued a cheque of Rs. 8,000 to purchase office supplies.
Shrawan 12
:
Issued a cheque of Rs. 15,000 to pay house rent.
Shrawan 18
:
Issued a cheque of Rs. 4,000 to Purchase stationery.
Shrawan 26
:
Distributed salary of Rs. 52,500 and allowance of Rs. 5,000 for the month of Shrawan after deducting Provident Fund of Rs. 11,000 and Income Tax of Rs. 2,000.
Required:Budget Sheet

Model Answer of Theoretical Questions +2 Principles of Accounting: Exam Preparation

+2 Principles of Accounting: Exam Preparation