| On January 20, 1995, Regional Office-General Santos remitted GOE funds of P500,000.00 to Davao City Provincial Office. Bank Charges amounted to P312.50. -
F. REGIONAL OFFICE TO PROVINCIAL OFFICE OF OTHER REGIONAL OFFICE
On January 25, 1995, Regional Office – Isabela transferred fixed assets to Pampanga Provincial Office.
Cost P5,000.00
Acc. Deprn 2,000.00
Assuming, the fixed assets were not yet received by Pampanga Provincial Office on January 31,1995. Central Office as the clearing office shall prepare a reconciliation entry to be recorder in its General Journal.
Responding advice was received from pampanga Provincial Office on February 02,1995. Central Office shall prepare a reversal entry for its previous reconciliation entry.
G. PROVICIAL OFFICE TO CENTRAL OFFICE
On January 15,1995, Tuguegarao, Cagayan Provincial Office returned one (1) unit Moisture Meter to Central Office.
Cost P1,200.00
Acc. Peprn 800.00
-
H. PROVINCIAL OFFICE TO ITS REGIONAL OFFICE
On January 15, 1995, Bacolod City Provincial Office transferred the Contingent Assets Account – disallowed Payment of Employees A to Regional Office – Iloilo amounting to P1,200.00. The disallowance was incurred in 1994.
I. PROVINCIAL OFFICE TO PROVINCIAL OFFICE WITH THE SAME REGIONAL OFFICE
On January 25, 1995, Iloilo Provincial Office issued Local Rice to Bacolod City Provincial Office.
# of bags – 1,000
nk – 50,000
Cost per Kilo: P10.25
Receipts
# of bags - 1,000
nk - 49,585.00
Assuming, stocks were not received by Bacolod City Provincial Office within January. On January 31, 1995, Iloilo Regional Office as the clearing office will prepare a reconciliation entry.
Responding advice was received by Iloilo Regional Office on February 01,1995. Regional Office will prepare a reversal entry for its previous reconciliation entry.
J. PROVINCIAL OFFICE TO PROVINCIAL OFFICE WITH DIFFERENT REGIONAL OFFICE
On January 28,1995, Bulacan Provincial Office issued local rice to Cavite Provincial Office.
# of bags - 2,500
nk - 125,000
Cost per kilo P9.96
Receipts
# of bags - 2,498
nk – 123,651
replacement
Cost per Kilo P12.00
Assuming, stocks were not received by Cavite Provincial Office within January. On January 31,1995. Central Office as the clearing office shall prepares a reconciliation entry to be recorded in its General Journal.-
Responding advice was received from Cavite Provincial Office on February 04,1995. Central Office shall prepare a reversal entry for its previous reconciliation entry. | DR: BOTA-DSU 500,312.00
CR: Cash in Bank 500,312.50
REGIONAL OFFICE
DR: HOCA-PAM 3,000.00
DR: Accumulating Depreciation 2,000.00
DR: Fixed Assets (5,000.00)
PROVINCIAL OFFICE
DR: HOA 400.00
DR: Accumulated Deprn 800.00
DR: Fixed Asset (1,200)
PROVINCIAL OFFICE
DR: ROTA 1,200.00
CR: Contingent Assets –
Disallowed Payments 1,200.00#
DR: Contingent Surplus ,200.00
CR: ROTA 1,200.00
PROVINCIAL OFFICE
DR: ROCA-NGO 512,500.00
CR: Inventory 512,500.00
PROVINCIAL OFFICE
DR: HOCA 1,245,000.00
CR: Inventory 1,245,000.00
| DR: Cash in Bank 500,000.00
DR: Bank Charges 312.50
CR: ROTA 500,312.50
CENTRAL OFFICE
-no entry-
DR: FA-In transit 5,000.00
CR: Accumulated Deprn 2,000.00
CR: HOCA-RO2 3,000.00
DR: FA-In transit (5,000.00)
CR: Accumulated Deprn (2,000.00)
CR: HOCA-R02 (3,000.00)
REGIONAL OFFICE -no entry-
REGIONAL OFFICE
DR: Contingent Assets –
Disallowed Payments 1,200.00
CR: BOTA-NGO 1,200.00#
DR: BOTA-NGO 1,200.00
DR: Contingent Surplus 1,200.00
REGIONAL OFFICE
-no entry-
DR: Inventory in Transit 512,000.00
CR: ROCA-ILO 512,500.00
DR: Inventory in Transit (512,000.00)
CR: ROCA-ILO ( 512,500.00)
CENTRAL OFFICE
-no entry-
DR: Inventory in Transit 1,245,000.00
CR: HOCA-BUL 1,245,000.00
DR: Inventory in Transit (1,245,000.00)
CR: HOCA-BUL (1,245,000.00) | PROVINCIAL OFFICE
DR: Fixed Asset 5,000.00
CR: Accumulated Depreciation 2,000.00
CR: HOCA-R02 3,000.00
CENTRAL OFFICE
CENTRAL OFFICE
PROVINCIAL OFFICE
DR: Inventory 508,246.25
DR: Loss 4,253.75
CR: ROCA-ILO 512.500.00 |