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 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.
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