The budget officer of the Department of Social Welfare and Development (DSWD) was granted a cash advance in the amount of P15,000. He is to attend a seminar in the Department of Budget and Management (DBM) head office. Accordingly, the obligation incurred for this purpose was appropriately recorded in the Registry of Allocation, Obligation, and Disbursement – Maintenance and Other Operating Expenses (RAOD-MOOE) in the amount of P15,000. After that seminar, the budget officer liquidated his cash advance by preparing the Liquidation Report form and reported total expenses related to that official travel in the amount of 12,300. Required: Give the necessary entries to be made by the DSWD for the above scenario. The Department of Foreign Affairs (DFA) collected P10,000,000 revenue from passport and visa applications for March 20X2. The said amount was then deposited in an authorized servicing bank. Moreover, in the same month, the DFA received a P5,000,000 cash disbursement ceiling (CDC) and paid its rental of P600,000. Required: Give the necessary entries to be made by DFA from the above scenario.
The budget officer of the Department of Social Welfare and Development (DSWD) was granted a cash
advance in the amount of P15,000. He is to attend a seminar in the Department of Budget and
Management (DBM) head office. Accordingly, the obligation incurred for this purpose was appropriately
recorded in the Registry of Allocation, Obligation, and Disbursement – Maintenance and Other
Operating Expenses (RAOD-MOOE) in the amount of P15,000. After that seminar, the budget officer
liquidated his cash advance by preparing the Liquidation Report form and reported total expenses
related to that official travel in the amount of 12,300.
Required: Give the necessary entries to be made by the DSWD for the above scenario.
The Department of Foreign Affairs (DFA) collected P10,000,000 revenue from passport and visa
applications for March 20X2. The said amount was then deposited in an authorized servicing bank.
Moreover, in the same month, the DFA received a P5,000,000 cash disbursement ceiling (CDC) and
paid its rental of P600,000.
Required: Give the necessary entries to be made by DFA from the above scenario.
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