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CHAPTER 8
DECENTRALIZED ACCOUNTING SYSTEM
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Home Intro to Decentralized System of Acctg TRANSACTIONS/ILLUSTRATIONS AJE/TB/BAL.SHEET/INCOME STATEMENT CLOSING ENTRIES/ POST TB/ CONSO. F/S
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Nat l government agencies so how come that the w/ established regional government accounting These inter-office accounts Inter-office transfer of Ya! Now acctg move adopt reconciled and system issubstantiate the accts A complete set of books of let soffices on anda HO- Now you know! are the IRP, w/cLET S MOVE ON! accounts or reciprocal And to said to be It provided you know.: knowBranch decentralized known what Acctg system was now decentralized? reflect interaccts are kept & maintained eliminated in the process of are used to reorganization scheme and the accounting system is. as know that the DECENTRALIZED rational & uniform by the acctg units ofdo you RO Hi there! consolidation. field office transactions. attain decentralization, the pattern of &OU to reflect their DecentralizationACCTGaSYSTEM. is not IRP also directed the organization. financial conditions. new innovation in the delegation of general & government service? specific powers to the Ros. RO and OU of Nat l gov t offices have been established long before the adoption of IRP.
Accounting Reports
next
Regional Accountants are required to submit the following accountability reports unless revised/amended by guidelines to be issued by the COA.
Monthly Reports
next
Monthly Trial Balance Monthly Report of Cash Disbursements Monthly Monthly Report of Checks Issued & Cancelled
Quarterly Reports
next
Quarterly Trial Balance Quarterly Statement of Subsidiary Ledger Balances Statement of Collecting officers Account Balances QUARTERLY Statement of Disbursing Officers Account Balances Statement of Other Officers Balances
Semi-Annual Reports
next
Statement of Accounts Payable Statement of Accounts Receivable Detailed Statement of Subsidiary Ledger Balances, except Semi-Annual the Statement of Disbursing Officers Acct Bal, and Statement of Other Officers Balances of quarterly reporting
Annual Reports
next
Preliminary Trial Balance (Pre-closing Trial Balance) Annual Final Trial Balance
However, at times it may be Allotment and Notice of Cash Allocation receipts of Therefore, the released by the DBM to the And know lets talk about ALLOTMENT AND NOTICE OF CASH ALLOCATION FOR REGIONAL OFFICE RO of the NGA and instrumentalities funds by the RO and OU may take two forms.
And as illustrated:
GENERALLY, the DBM releases the regional allotments and other budgetary releases through the CO of the dept.
1. Allotments and Notice of cash allocation directly from the DBM: Illustration: the Regional Office and Operating Unit of Agency A, a national govt agency, received the following allotments and NCA directly from the DBM. ALLOTMENTS (MOOE): NCA: Regional Office = 10,000,000 Regional Office = 8,000,000 Operating Unit = 3,000,000 Operating Unit = 4,000,000
next
To record receipt of allotment from DBM: Books of RO:

Date Ref. P.P.A. Account code Allotment received 10, 000, 000 Obligation incurred balance 10, 000, 000
Books of OU:
Date Ref. P.P.A. Account code Allotment received 4, 000, 000 Obligation incurred balance 4, 000, 000
next
To record receipt of NCA Books of Regional office:

Account title Cash National Treasury, MDS subsidy income from Nat l govt. Books of Operating Unit: Account title Cash National Treasury, MDS subsidy income from Nat l govt. Account code 108 651 Debit 3,000,000 3,000,000
next
Account code 108 651
Debit 8,000,000
credit
8,000,000
credit
2. Transfer of Allotments and funding check from the CO/RO in case of the Operating Unit, (known as sub allotments)
Illustration: the CO of Agency X directly received from the DBM allotment for MOOE and its corresponding NCA in the amount of P10,000,000 and P8,000,000 respectively. Of these receipts the CO transferred the following to the RO: Allotments, P5,000,000; NCA, P4,000,000. Likewise, the RO transferred part of the sub-allotment and NCA to its Operating Unit: allotments, P2,000,000; NCA, P1,500,000.
next
To record receipt of allotments from DBM BOOKS OF CENTRAL OFFICE REGISTRY OF ALLOTMENTS AND OBLIGATIONS Maintenance and Other Operating Expenses(RAOMO) AGENCY X Central Office
Date Ref. P.P.A. Account Code Allotment Received 10,000,000 Obligation Incurred Balance
10,000,000
next
To record receipt of NCA from DBM. Books of Central Office: Account title Cash National Treasury, MDS subsidy income from Nat l govt. To record transfer of sub-allotment to RO.
REGISTRY OF ALLOTMENTS AND OBLIGATIONS Maintenance and Other Operating Expenses(RAOMO) AGENCY X Central Office
Date Ref. P.P.A. Account Code Allotment Received 10,000,000 (5,000,000) Obligation Incurred Balance 10,000,000 5,000,000 next
Account code 108 651
Debit 8,000,000
credit 8,000,000
To record receipt of sub-allotment from CO. Books of Regional office

REGISTRY OF ALLOTMENTS AND OBLIGATIONS Maintenance and Other Operating Expenses(RAOMO) P.P.A. AGENCY X Regional Office Account Allotment Obligation
Code Received 5,000,000 Incurred 5,000,000
Date
Ref.
Balance
next
To record transfer of NCA to Regional office. Books of Central Office: Account title Subsidy income to RO Account code 872 Debit 4,000,000 4,000,000 credit
Cash-National Treasury, MDS 108 To record receipt of NCA from Central Office. Books of Regional Office: Account title Cash in Bank Local currency CA subsidy income from Central Office Account code 111 653 Debit 4,000,000
credit 4,000,000
next
To record transfer of Letter of Advice of Allotment to OU Books of Regional office

REGISTRY OF ALLOTMENTS AND OBLIGATIONS Maintenance and Other Operating Expenses(RAOMO) P.P.A. AGENCY X Regional Office Account Allotment Obligation
Code Received 5,000,000 (2,000,000) Incurred 5,000,000 3,000,000
Date
Ref.
Balance
next
To record receipt of Letter of Advice of Allotment from RO Books of Operating Unit

REGISTRY OF ALLOTMENTS AND OBLIGATIONS Maintenance and Other Operating Expenses(RAOMO) AGENCY X Operating Unit
Date Ref. P.P.A. Account Code Allotment Received 2,000,000 Obligation Incurred Balance
2,000,000
next
To record transfer of subsidy to Operating Unit Books of Regional Office: Account title Subsidy to Operating Unit Cash in Bank Local Currency CA Account code 873 111 Debit 1,500,000 1,500,000 credit
To record receipt of subsidy from Regional Office ( Operating Unit Books)

Account Title Cash in Bank- Local Currency Current Acct SIRO Acctcode 111 654 Debit 1,500,000 1,500,000
next
credit
Under the DECENTRALIZED ACCTG SYSTEM, the F/S of the CO, RO, and OU should be CONSOLIDATED
Consolidation of Financial Statements

The following accounts are reconciled and eliminated:
Subsidy to RO/OU Subsidy from CO/RO Inter-office receivables Inter-office payables
Transaction 1: Received the following allotments directly from DBM: Personal services Central Office Regional Office Operating Unit 250,000 200,000 100,000 MOOE Cap. Outlay
150,000 100,000 50,000
900,000 500,000 350,000
next
To record the allotments received in the respective Registry of Allotments and Obligations. Books of Central Office:
REGISTRY OF ALLOTMENTS AND OBLIGATIONS Personal Services (RAOPS) AGENCY ABC Central Office
Date Ref. P.P.A. Account Code Allotment Received 250,000 Obligation Incurred Balance
250,000
next
Books of Central Office:

REGISTRY OF ALLOTMENTS AND OBLIGATIONS MAINTENANCE AND OTHER OPERTAING EXPENSES(RAOMO) AGENCY ABC Central Office
150,000
next
Books of Central Office:

REGISTRY OF ALLOTMENTS AND OBLIGATIONS CAPITAL OUTLAY(RAOCO) AGENCY ABC Central Office
900,000
next
Regional Office Books:

(RAOPS)
Date
Ref PPA
Account code
Allotment received 200,000
Obligation incurred
Balance 200,000
(RAOMO) Date Ref PPA Account code Allotment received 100,000 Obligation incurred Balance 100,000
next
(RAOCO)
Date Ref PPA Acct code Allotment recv d 500,000 Obligation incurred balance 500,000
Books of Operating Unit

(RAOPS)
Date Ref PPA Acct code Allotment rec d Obligation incurred 100,000 Balance 100,000
(RAOMO)
Date Ref PPA Acct code Allotment rec d Obligation incurred 50,000 Balance 50,000
next
(RAOCO) Date Ref PPA Account code Allotment received 350,000 Obligation incurred Balance
350,000
next
Transaction 2:
Received NCA directly from the DBM. Central Office 1,300,000 Regional Office 800,000 Operating Unit 500,000 To record receipt of NCA. CO BOOKS
Cash NT,MDS SING 1,300,000 1,300,000
next
RO books Cash NT,MDS SING
800,000 800,000
Operating Unit books Cash NT,MDS 500,000 SING 500,000
Transaction 3:
Release of sub-allotment from CO to RO. Personal services 100,000 Maintenance and Other Operating Expenses -40,000 Capital Outlay 650,000
next
To record transfer of sub-allotment to RO.(CO Books)

RAOPS
Date Ref PPA Account code Allotment received 250,000 (100,000) Obligation incurred balance 250,000 150,000
RAOMO
Date Ref PPA Account code Allotment received 150,000 (40,000) Obligation incurred balance 150,000 110,000
next
RAOCO
Date Ref PPA Account code Allotment received 900,000 (650,000) Obligation incurred Balance 900,000 250,000
To record receipt of sub-allotment from CO.( RO Books)

RAOPS
Date Ref PPA Account code Allotment received 200,000 100,000 Obligation incurred Balance 200,000 300,000
next
RAOMO
Date Ref PPA Account code Allotment Received 100,000 40,000 Obligation incurred balance 100,000 140,000
RAOCO
Date Ref PPA Account code Allotment received 500,000 650,000 Obligation incurred balance 500,000 1,150,000
next
Illustration 4:
Release of Letter of Advice of Allotment from RO to Operating unit. Personal Services 40,000 Maintenance and Other Operating Expenses 15,000 Capita Outlay 400,000 To record transfer of Letter of Advice of Allotment to Operating Unit. (RO Books) RAOPS
Date Ref PPA Account code Allotment received 200,000 100,000 (40,000) Obligation incurred balance 200,000 300,000 260,000 next
RAOMO
Date Ref PPA Account code Allotment received 100,000 40,000 (15,000) Obligation incurred balance 100,000 140,000 125,000
RAOCO
Date Ref PPA Account code Allotment received 500,000 650,000 400,000 Obligation incurred balance 500,000 1.150,000 750,000
next
To record receipt of Letter of Advice of Allotment from RO. (Operating Unit Books)
RAOPS
Date Ref PPA Account code Allotment received 100,000 40,000 Obligation incurred balance 100,000 140,000
RAOMO
Date Ref PPA Account code Allotment received 50,000 15,000 Obligation incurred Balance 50,000 65,000 next
RAOCO
Date Ref PPA Account code Allotment received 350,000 400,000 Obligation incurred balance 350,000 750,000
Transaction 5:
Transfer of subsidy from CO to RO, P790,000. To record transfer of subsidy to RO. (CO Books) Subsidy to Regional Office 790,000 Cash NT,MDS 790,000
next
To record receipt of subsidy from CO. (RO Books) Cash in Bank Local Currency Current acct 790,000 SICO 790,000
Transaction 6:
Transfer of subsidy from RO to Operating Unit, P455,000. To record transfer of subsidy to Operating Unit. (RO Books) Subsidy to Operating Unit 455,000 Cash in Bank Local Currency Current Acct 455,000 To record receipt of subsidy from RO. (Operating Unit Books) Cash in Bank Local Currency Current Acct 455,000 SIRO 455,000 next
Transaction 7:
Payment of the ff payrolls through cash disbursing officer. CO RO Salaries and wages Reg. Pay 125,000 226,000 Addt l. Compensation 5,000 8,000 PERA 10,000 16,000 Deductions: W/holding tax payable 14,000 25,000 GSIS Payable 6,000 12,000 Pag-ibig Payable 2,000 3,000 Net Amount 118,000 210,000 OU 118,000 4,000 3,000 13,000 5,000 2,000 110,000
next
To record expenses and deductions. (CO Books) Salaries and wages regular pay 125,000 Additional Compensation 5,000 PERA 10,000 Due to BIR Due to GSIS Due to Pag-ibig Due to officers and employees
14,000 6,000 2,000 118,000

next
(RO Books) Salaries and wages regular 226,000 Additional Compensation 8,000 PERA 16,000 Due to BIR 25,000 Due to GSIS 12,000 Due to Pag-ibig 3,000 Due to officers and employees 210,000
next
(Operating Unit Books) Salaries and wages regular 118,000 Additional Compensation 4,000 PERA 8,000 Due to BIR 13,000 Due to GSIS 5,000 Due to Pag-ibig 2,000 Due to officers and employees 110,000
next
To record the grant of cash advance to disbursing officer. (CO Books) Payroll fund 118,000 Cash NT,MDS 118,000 (RO Books) Payroll fund 210,000 Cash NT,MDS 210,000 (Operating Unit Books) Payroll fund 110,000 Cash NT,MDS 110,000
next
To record liquidation of cash advance. (CO Books) Due to officers and employees 118,000 Payroll fund 118,000 (RO Books) Due to officers and employees Payroll fund (Operating Unit Books) Due to officers and employees Payroll fund
210,000 210,000
110,000 110,000
next
Transaction 8:
Remittance of the foregoing deductions (no Tax Remittance Advice) (CO Books) Due to BIR 14,000 Due to GSIS 6,000 Due to Pag-ibig 2,000 Cash NT,MDS 22,000 (RO Books) Due to BIR 25,000 Due to GSIS 12,000 Due to Pag-ibig 3,000 Cash NT,MDS 40,000
next
(Operating Unit Books) Due to BIR 9,000 Due to GSIS 4,000 Due to Pag-ibig 2,000 Cash NT,MDS 15,000
next
Transaction 9: Received the following bills: Electricity Central Office Regional Office Operating Unit BOOKS OF CENTRAL OFFICE
Account Title Electricity Expense Telephone Expense - Landline Accounts Payable Account Code 767 772 401 Debit 30,000 10,000 40,000 next Credit
Telephone 10,000 15,000 5,000
30,000 40,000 8,000
BOOKS OF REGIONAL OFFICE

Account Title Electricity Expense Telephone Expense - Landline Accounts Payable Account Code 767 772 401 Debit 40,000 15,000 55,000 Credit
BOOKS OF OPERATING UNIT

Account Title Electricity Expense Telephone Expense - Landline Accounts Payable Account Code 767 772 401 Debit 8,000 5,000 13,000 next Credit
Transaction 10: Payment of foregoing bills: BOOKS OF CENTRAL OFFICE

Account Title Accounts payable Cash-NT, MDS Account Code 401 108 Debit 40,000 40,000 Credit

Account Title Accounts payable Cash-NT, MDS Account Code 401 108 Debit 55,000 55,000 Credit

Account Title Accounts payable Cash in Bank - LCA Account Code 401 111 Debit 13,000 13,000 next Credit
Transaction 11: Grant of cash advance for local travel Central Office Regional Office Operating Unit BOOKS OF CENTRAL OFFICE
Account title Advances to Officers and Employees Cash NT,MDS Account code 148 108 Debit 8,000 8,000 next Credit
8,000 10,000 12,000

Account title Advances to Officers and Employees Cash NT,MDS Account code 148 108 Debit 10,000 10,000 Credit

Account title Advances to Officers and Employees Cash in Bank LCA Account code 148 111 Debit 12,000 12,000 Credit
next
Transaction 12:
Liquidation of the foregoing cash advance. Actual travelling expenses: CO P5,000; RO P8,000; OU P7,000 BOOKS OF CENTRAL OFFICE
Account title Account code Debit Credit
Travelling Expenses
Local
751 148
5,000 5,000
Advances to Officers and Employess
next

Travelling Expenses
Local
751 148
8,000 8,000
Advances to Officers and Employees

Travelling Expenses
Local
751 148
7,000 7,000 next
Advances to Officers and Employees
Transaction 13: Collection of refund for excess from the foregoing cash advance for travel.
BOOKS OF CENTRAL OFFICE

Cash Collecting Officer Advances to Officers and Employees
102 148
3,000 3,000
next

102 148
2,000 2,000

102 148
5,000 5,000
next
Transaction 14: Deposit of the foregoing collections to the National Treasury. BOOKS OF CENTRAL OFFICE
Account title SING Cash Collecting Officer Account code 651 102 Debit 3,000 3,000 Credit

next

next
Transaction 15: Payment of the following rentals: CO P12,000; RO P18,000; OU P10,000 BOOKS OF CENTRAL OFFICE
Account title Prepaid Rent Cash NT, MDS Account code 177 108 Debit 12,000 12,000 Credit
next


next
Transaction 16: Purchase of the following office supplies: Central Office P30,000; Regional Office P35,000; Operating Unit P20,000

Account title Office Supplies Inventory Due BIR Accounts Payable Account code 155 412 401 Debit 30,000 3,000 27,000 Credit
next


next
Transaction 17: Issuance of the following purchase order for the purchase of office equipment: CO P50,000; RO P135,000; OU P120,000 BOOKS OF CENTRAL OFFICE REGISTRY OF ALLOTMENTS AND OBLIGATIONS CAPITAL OUTLAY (RAOCO) AGENCY ABC Central Office
Date Ref. P.P.A. Account Code Allotment Received 900,000 (650,000) 50,000 Obligation Incurred Balance
900,000 250,000 200,000 next
BOOKS OF REGIONAL OFFICE REGISTRY OF ALLOTMENTS AND OBLIGATIONS CAPITAL OUTLAY (RAOCO) AGENCY ABC Regional Office
Date Ref. P.P.A. Account Code Allotment Received 500,000 650,000 (400,000) 135,000 Obligation Incurred Balance
500,000 1,150,000 750,000 615,000
next
BOOKS OF OPERATING UNIT REGISTRY OF ALLOTMENTS AND OBLIGATIONS CAPITAL OUTLAY (RAOCO) AGENCY ABC Operating Unit
Date Ref. P.P.A. Account Code Allotment Received 350,000 400,000 120,000 Obligation Incurred Balance
350,000 750,000 630,000
next
Transaction 18: Received the following office equipment. BOOKS OF CENTRAL OFFICE
Account title Office Equipment Due to BIR Accounts Payable Account code 221 412 401 Debit 50,000 5,000 45,000 Credit

Account title Office Equipment Due to BIR Accounts Payable Account code 221 412 401 Debit 135,000 13,000 122,000 next Credit

Account title Office Equipment Due to BIR Accounts Payable Account code 221 412 401 Debit 120,000 12,000 108,000 Credit
next
Transaction 19: Payment of the foregoing payables for office supplies and office equipment purchased. BOOKS OF CENTRAL OFFICE
Account title Accounts Payable Cash NT, MDS Account code 401 108 Debit 72,000 72,000 Credit
next

Account title Accounts Payable Cash in Bank LC,CA Account code 401 111 Debit 154,000 154,000 Credit

Account title Accounts Payable Cash in Bank LC,CA Account code 401 111 Debit 126,000 126,000 Credit
next
Transaction 20: Entered into contracts for the construction of the buildings: CO P200,000; RO P600,000; OU P500,000 BOOKS OF CENTRAL OFFICE REGISTRY OF ALLOTMENTS AND OBLIGATIONS CAPITAL OUTLAY (RAOCO) AGENCY ABC Central Office
Date Ref. P.P.A. Account Code Allotment Received 900,000 (650,000) 50,000 200,000 Obligation Incurred Balance
900,000 250,000 200,000 next
BOOKS OF REGIONAL OFFICE REGISTRY OF ALLOTMENTS AND OBLIGATIONS CAPITAL OUTLAY (RAOCO) AGENCY ABC Regional Office
Date Ref. P.P.A. Account Code Allotment Received 500,000 650,000 (400,000) 135,000 600,000 Obligation Incurred Balance
500,000 1,150,000 750,000 615,000 15,000 next
BOOKS OF OPERATING UNIT REGISTRY OF ALLOTMENTS AND OBLIGATIONS CAPITAL OUTLAY (RAOCO) AGENCY ABC Operating Unit
Date Ref. P.P.A. Account Code Allotment Received 350,000 400,000 120,000 500,000 Obligation Incurred Balance
350,000 750,000 630,000 130,000
next
Transaction 21: Payment of the 15% mobilization fee for the foregoing buildings to be constructed. BOOKS OF CENTRAL OFFICE
Account title Advances to Contractors Cash NT, MDS Account code 181 108 Debit 30,000 30,000 Credit

Account title Advances to Contractors Cash NT, MDS Account code 181 108 Debit 90,000 90,000 next Credit

Account title Advances to Contractors Cash in Bank LC,CA Account code 181 111 Debit 75,000 75,000 Credit
next
Transaction 22: Received the following first progress billings for the construction of the buildings: CO P150,000; RO P400,000; OU P300,000

Account title Construction in Progress Agency Asset Advances to Contractors Accounts Payable Account code 264 181 401 Debit 150,000 30,000 120,000 Credit
next

Account title Construction in Progress Agency Asset Advances to Contractors Accounts Payable Account code 264 181 401 Debit 400,000 90,000 310,000 Credit

Account title Construction in Progress Agency Asset Advances to Contractors Accounts Payable Account code 264 181 401 Debit 300,000 75,000 225,000 next Credit
Transaction 23: Payment of the foregoing accounts payable for the first billings. BOOKS OF CENTRAL OFFICE
Account title Accounts Payable Due to BIR Cash NT, MDS Account code 401 412 108 Debit 120,000 15,000 105,000 Credit

Account title Accounts Payable Due to BIR Cash NT, MDS Account code 401 412 108 Debit 310,000 40,000 270,000 next Credit

next
Transaction 24: Remittance of the foregoing withholding taxes BOOKS OF CENTRAL OFFICE
Account title Due to BIR Cash NT, MDS Account code 412 108 Debit 15,000 15,000 Credit

Account title Due to BIR Cash NT, MDS Account code 412 108 Debit 40,000 40,000 next Credit

Account title Due to BIR Cash in Bank LC,CA Account code 412 111 Debit 30,000 30,000 Credit
next
Transaction 25: Issuance of the following office supplies: CO P25,000; RO P30,000; OU P14,000

Account title Office Supplies Expense Office Supplies Inventory Account code 755 155 Debit 25,000 25,000 Credit
next


next
Transaction 26: Received the following final billings for the completion of the buildings being constructed: Central Office P50,000; Regional Office P200,000; Operating Unit P200,000. BOOKS OF CENTRAL OFFICE
Account title Construction in Progress Agency Asset Accounts Payable Account code 264 401 Debit 50,000 50,000 Credit
next


next
Transaction 27: Payment of the foregoing accounts payable for the completion of the buildings.

next

Account title Accounts Payable Due to BIR Cash in Bank LC,CA Account code 401 412 111 Debit 200,000 20,000 180,000 Credit

Account title Accounts Payable Due to BIR Cash NT, MDS Account code 401 412 108 Debit 200,000 20,000 180,000 next Credit
Transaction 28: Transfer of Construction in Progress account to Buildings account upon completion of the construction.

Account title Office Buildings Construction in Progress Agency Asset Account code 211 264 Debit 200,000 200,000 Credit
next


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CHAPTER 8
DECENTRALIZED ACCOUNTING SYSTEM
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Illustration 29: (Adjusting Journal Entries) Adjustments of prepaid rent to recognize the following actual rent expenses for the period: Central Office = 8,000 Regional Office = 15,000A Operating Units = 7,000
next
Books of Central Office Account Title Rent Expense Prepaid Rent Acct. Code 782 177 Debit 8, 000 8, 000 Credit
Books of Regional Office Account Title Rent Expense Prepaid Rent Acct. Code 782 177 Debit 15, 000 15, 000
next
Credit
Books of Operating Unit Account Title Rent Expense Prepaid Rent Acct. Code 782 177 Debit 8, 000 8, 000 Credit
next
THE END!

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To record receipt of allotment from DBM: Books of RO:

To record receipt of NCA Books of Regional office:

Account code 108 651

Account code 108 651

To record receipt of sub-allotment from CO. Books of Regional office

To record transfer of Letter of Advice of Allotment to OU Books of Regional office

To record receipt of Letter of Advice of Allotment from RO Books of Operating Unit

To record receipt of subsidy from Regional Office ( Operating Unit Books)

Consolidation of Financial Statements

Subsidy to RO/OU Subsidy from CO/RO Inter-office receivables Inter-office payables

150,000 100,000 50,000

900,000 500,000 350,000

Books of Central Office:

Books of Central Office:

Regional Office Books:

Allotment received 200,000

Books of Operating Unit

RO books Cash NT,MDS SING

Operating Unit books Cash NT,MDS 500,000 SING 500,000

To record transfer of sub-allotment to RO.(CO Books)

To record receipt of sub-allotment from CO.( RO Books)

14,000 6,000 2,000 118,000

Telephone 10,000 15,000 5,000

30,000 40,000 8,000

BOOKS OF REGIONAL OFFICE

BOOKS OF OPERATING UNIT

Transaction 10: Payment of foregoing bills: BOOKS OF CENTRAL OFFICE

BOOKS OF REGIONAL OFFICE

BOOKS OF OPERATING UNIT

8,000 10,000 12,000

BOOKS OF REGIONAL OFFICE

BOOKS OF OPERATING UNIT

Advances to Officers and Employess

BOOKS OF REGIONAL OFFICE

Advances to Officers and Employees

BOOKS OF OPERATING UNIT

7,000 7,000 next

Advances to Officers and Employees

BOOKS OF CENTRAL OFFICE

Cash Collecting Officer Advances to Officers and Employees

BOOKS OF REGIONAL OFFICE

Cash Collecting Officer Advances to Officers and Employees

BOOKS OF OPERATING UNIT

Cash Collecting Officer Advances to Officers and Employees

BOOKS OF REGIONAL OFFICE

BOOKS OF OPERATING UNIT

BOOKS OF REGIONAL OFFICE

BOOKS OF OPERATING UNIT

BOOKS OF CENTRAL OFFICE

BOOKS OF REGIONAL OFFICE

BOOKS OF OPERATING UNIT

900,000 250,000 200,000 next

500,000 1,150,000 750,000 615,000

350,000 750,000 630,000

BOOKS OF REGIONAL OFFICE

BOOKS OF OPERATING UNIT

BOOKS OF REGIONAL OFFICE

BOOKS OF OPERATING UNIT

900,000 250,000 200,000 next

500,000 1,150,000 750,000 615,000 15,000 next

350,000 750,000 630,000 130,000