Question
Journalize the following transactions. a.Receipt of P1,000,000 NCA. b.Remittance to the BIR P100,000 taxes withheld. c.Receipt of P1,000,000 allotment. d.Receipt of P1,200,000 appropriation. e.Entering into
Journalize the following transactions.
a.Receipt of P1,000,000 NCA.
b.Remittance to the BIR P100,000 taxes withheld.
c.Receipt of P1,000,000 allotment.
d.Receipt of P1,200,000 appropriation.
e.Entering into employment contracts worth P200,000.
f.Billing of P250,000 revenue for Affiliation Fees, subsequent collection of P200,000 therefrom, and full remittance of the collection to the Bureau of Treasury.
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Stats Data And Models
Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock
4th Edition
321986490, 978-0321989970, 032198997X, 978-0321986498
