The Department of Budget and Management (DBM), upon approval and issuance of the General Appropriations released the following for Agency X on January 2, 2020: General Appropriations: Personnel Services (PS) Maintenance and Other Operating Expenses (MOOE) Capital Outlay (CO) Total 700,000 500,000 1,300,000 2,500,000 Allotments: Personnel Services (PS) Maintenance and Other Operating Expenses (MOOE) Capital Outlay (CO) Total 700,000 500,000 1,000,000 2,200,000 On January 15, 2020, Agency X incurred the following: Obligations incurred: Personnel Services (PS) Maintenance and Other Operating Expenses (MOOE) Capital Outlay (CO) Total 250,000 200,000 500,000 950,000 On January 30, 2020, Agency X incurred the following: Obligations incurred: Personnel Services (PS) Maintenance and Other Operating Expenses (MOOE) Capital Outlay (CO) Total 350,000 250,000 400,000 1,000,000

The Department of Budget and Management (DBM), upon approval and issuance of the General Appropriations released the following for Agency X on January 2, 2020: General Appropriations: Personnel Services (PS) Maintenance and Other Operating Expenses (MOOE) Capital Outlay (CO) Total 700,000 500,000 1,300,000 2,500,000 Allotments: Personnel Services (PS) Maintenance and Other Operating Expenses (MOOE) Capital Outlay (CO) Total 700,000 500,000 1,000,000 2,200,000 On January 15, 2020, Agency X incurred the following: Obligations incurred: Personnel Services (PS) Maintenance and Other Operating Expenses (MOOE) Capital Outlay (CO) Total 250,000 200,000 500,000 950,000 On January 30, 2020, Agency X incurred the following: Obligations incurred: Personnel Services (PS) Maintenance and Other Operating Expenses (MOOE) Capital Outlay (CO) Total 350,000 250,000 400,000 1,000,000

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter19: Accounting For Post Retirement Benefits

Section: Chapter Questions

Problem 3RE: Pinecone Company has plan assets of 500,000 at the beginning of the current year and expects to earn...

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