Government Accounting

The Budget Process and Budgetary Accounts System

Assignment No. 2

1. Bureau D of the national government has received the following from the National Government.

Record the following appropriations, allotments and obligations in the appropriate registries:

a. On January 3, 2x19, the Bureau received appropriation for the following:

Personnel services (PS) 1,000,000
Maintenance and other operating expenses 900,000
b. On the same day, the Bureau received allotment from DBM for:
(MOOE)
Personnel services (PS) 995,000
Capital outlay (CO) 2,500,000
Maintenance and other operating expenses 899,000
inancial expenses (FE) 50,000
(MOOE)
Capital outlay (CO) 2,480,000
Financial expenses (FE) 48,000 JOURNAL ENTRIES:
APPENDIZ 8-RAPAL
PAGE 1c. On January 31, 2x19, Bureau has incurred an obligation for personnel services, as follows:
Salaries & Wages - Regular ₱ 128,000
Salaries and wages – regular 128,000
Personal relief Allowance (PERA) 8,000 Personal Relief Allowance 8,000
Less: Salary deductions Due to BIR ₱ 2,300
Withholding tax 2,300
GSIS Life and Retirement Premium 9,800 Due to GSIS 9,800
Philhealth premiums 400
Due to Pag-IBIG 400
Pag-ibig premiums 800
Net 122,700 Due to PhilHealth 800

Due to Officers & Employees 122,700

APPENDIZ 8-RAPAL
PAGE 2
 APPENDIZ 9A- RAODPS

APPENDIZ 9B- RAODMOOE

APPENDIZ 9C- RAODFE

APPENDIZ 9D- RAODCO