Entries DR.

RETIREMENT&LIFE INSURANCE PREMIUM

RECEIPT OF NCA SA DBM PAG-IBIG CONTRIBUTIONS

- Regular agency fund PHILHEALTH CONTRIBUTIONS

DR. CASH-MDS REGULAR CR. CASH-MDS REGULAR

CR. SUBSIDY FR. THE NATIONAL GOVT. REMITTANCE OF SALARY DEDUCTIONS

- Special account in the general fund DR. DUE TO GSIS

DR. CASH-MDS TRUST DUE TO PAG-IBIG

CR. CASH TREASURY/AGENCY DEPOSIT, DUE TO PHILHEALTH

SPECIAL ACCOUNT
OTHER PAYABLES
- Trust Receipt Fund
CR. CASH-MDS, REGULAR
DR. CASH-MDS TRUST
PAYMENT OFFICE SUPPLIES
CR. CASH TREASURY/AGENCY DEPOSIT,
DR. OFFICE SUPPLIES INVTY
TRUST
CR. DUE TO BIR (5% VAT+1% EWT)
PAYMENT NG UTILITY BILLS
CASH-MDS REGULAR
DR. WATER EXPENSES
ISSUANCE OF OFFICE SUPPLIES
ELECTRICITY EXPENSES
DR. OFFICE SUPPLIES EXP
TELEPHONE EXPENSES
CR. OFFICE SUPPLIES INVTY
CR. CASH-MDS REGULAR
INFRASTRUCTURE ASSETS PART
ADVANCES SA TRAVEL (LOCAL AND FOREIGN)
RECEIPT OF NCA NA GALING FOREIGN
DR. ADVANCES TO OFFICERS AND EMPLOYEES
DR. CASH IN BANK- FOREIGN CURRENCY,
CR. CASH-MDS REGULAR
CURRENT
-LIQUIDATIN
CR. SUBSIDY FROM THE NATIONAL GOVT
DR. TRAVEL EXPENSES (either foreign or local)
MOBILIZATION FEE SA CONTRACTORS
CR. ADVANCES TO OFFICERS AND
DR. ADVANCES TO CONTRACTORS
EMPLOYEES
CR. CASH IN BANK- FOREIGN CURRENCY,
ADVANCE PAYMENT TO PROCUREMENT
CURRENT
SERVICE

DR. DUE FROM NGAS

CR. CASH-MDS REGULAR

REMITTANCE OF GOVERNMENT SHARE

SET-UP ACCOUNTS PAYABLE FOR THE FIRST CR. DUE TO BIR
BILLING / FINAL BILLING
DUE TO GSIS
DR. CONSTRUCTION IN PROGRESS-
DUE TO PAGIBIG
INFRASTRUCTURE ASSETS
DUE TO PHILHEALTH
CR. A/P
OTHER PAYABLES
ADVANCES TO CONTRACTORS
DUE TO OFFICERS AND EMPLOYEES

ADVANCES SA PAYROLL

DR. ADVANCES TO PAYROLL

PAYMENT OF ACCOUNTS PAYABLE FIRST AND
FINAL CR. CASH MDS REGULAR
DR. A/P LIQUIDATION NG PAYROLL
CR. DUE TO BIR DR. DUE TO OFFICERS AND EMPLOYEES
GUARANTY/SECURITY DEPOSIT PAYABLE- CR. ADVANCES TO PAYROLL
(KASALI SA FIRST BILLING ONLY)
OVERPAYMENT TAKEN AS RECEIVABLES
CASH IN BANK- FOREIGN CURRENCY (SOBRANG BAYAD SA SALARIES)
CURRENT
Recognition
TURNOVER AND ACCEPTANCE OF THE PROJECT
DR. DUE FROM OFFICERS AND EMPLOYEES
DR. ROAD NETWORKS
CR. SALARIES AND WAGES REGULAR
CR. CIP- INFRASTRUCTURE ASSETS
Recognize receipt of fund
REFUND OF RETENTION FEE
DR. CASH- COLLECTING OFFICERS
DR. GUARANTY/SECURITY DEPOSIT PAYABLE
CR. DUE FROM OFFICERS AND EMPLOYEES
CR. CASH IN BANK- FOREIGN CURRENCY
CURRENT Deposit of collections

REMITTANCE OF WITHHOLDING TAX TO BIR DR. CASH- TREASURY AGENCY DEPOSIT,

REGULAR
DR. DUE TO BIR
CR. DR. CASH- COLLECTING OFFICERS
CR. CASH IN BANK- FOREIGN CURRENCY
CURRENT REUFUND OF OVERPAYMENT NOT TAKEN UP
AS A RECEIVABLE
SET UP OF DUE TO OFFICEERS AND EMPLOYEES
Recognize receipt of fund during current yr
DR. SALARIES AND WAGES- REUGULAR
DR. CASH- COLLECTING OFFICERS
PERA
CR. SALARIES AND WAGES REGULAR
Deposit of collections PETTY CASH FUND

DR. CASH- TREASURY AGENCY DEPOSIT, -ESTABLISHMENT

REGULAR
DR. PETTY CASH
CR. DR. CASH- COLLECTING OFFICERS
CR. CASH MDS REGULAR

-REPLENISHMENT

DR. APPROPRIATE EXP ACCOUNT

CR. CASH MDS REGULAR

Recognize receipt of fund next yr
-NO REPLENISHMENT MADE AT YR END
DR. CASH- COLLECTING OFFICERS
DR. APPROPRIATE EXP ACCOUNT
CR. ACCUMULATED SURPLES/DEFICIT
CR. PETTY CASH
Deposit of collections
-REPLENISHMENT NEXT YR
DR. CASH- TREASURY AGENCY DEPOSIT,
DR. PETTY CASH
REGULAR
CR. CASH MDS REGULAR
CR. DR. CASH- COLLECTING OFFICERS
-RESIGN SI PETTY CASH CUSTODIAN
CASH ADVANCE WITH NO BOOKS OF
ACCOUNTS DR. CASH-COLLECTING OFFICER
DR. ADVANCES FOR OPERATING EXPENSES CR. PETTY CASH
CR. CASH-MDS REGULAR TRANSFER OF INTERNAL REVENUE
-LIQUIDIATION NYA DR. FINANCIAL ASSISTANCE TO LGUs
DR. APPROPRIATE EXP ACCOUNT CR. CASH MDS REGULAR
CR. ADVANCES FOR OPERATING EXPENSES TAX REMITTANCE BOOK OF ENTITY A
CASH ADVANCE NA MAY SPECIFIC DR CASH- TRA
PURPOSE/TIME-BOUND
CR. SUBSIDY FROM NG
DR. ADVANCES TO DISBURSING OFFICER
DR. DUE TO BIR
CR. CASH MDS, REGULAR
CASH- TRA
-LIQUIDIATION NYA
BIR BOOKS
DR. APPROPRIATE EXP ACC
CASH- TRA
CR. ADVANCES TO DISBURSING OFFICER
INCOME TAX
BTr BOOKS

SUBSIDY TO NGAS

CASH-TRA

CASH SHORTAGE

DUE FROM OFFICERS AND EMPLOYEES

ADVANCES TO PAYROLL

CASH- CO

DUE FROM OFFICERS AND EMPLOYEES

CASH OVERAGE

CASH – CO

MISCELLANEOUS INCOME

CASH- TREASURY/AGENCY DEPOSIT, REGULAR

CASH-CO

DISHONORED

OTHER RE

CASH TREA/ CASH IN BANK (REMITTED)

INTRA-ENTITY FUND TRANSFER

CASH- CO

DUE RP REGIONAL OFFICERS