Provide the journal entry to record each of the independent transactions of National Government Agency XYZ.

Indicate the budget forms, documents, and registries to be used by the Budget Unit in recording the transaction

Indicate the accounting forms and documents to be used by the Accounting Unit in recording the transaction

Use the appropriate account title in recording the transaction both in the budget and accounting units

1. Receipt of 200,000,000 Appropriation (3 pts)

2. Receipt of 180,000,000 allotment from the Department of Budget and Management (3 pts)

3. Receipt of 180,000,000 Notice of Cash Allocation (NCA) (3 pts)

4. Entered into contract with Janitorial Services Agency in the contract amount of 20,000,000 for the provision of janitorial services for the FY 2021 (6 pts)

5. Paid MERALCO billings, 2,000,000 (10 pts)

6. Accrued the following for its regular employees compensation (10 pts)

Salaries and wages ---------1,500,000

PERA -------------------------200,000

Representation Allowance -- 15,000

Transportation Allowance --- 10,000

Mandatory deductions

Witholding tax -------------30,000

GSIS ------------------------135,000

PAG-IBIG ------------------17,000

PHILHEALTH --------------15,000

7. Grant of cash advance for the payment of the above compensation to its regular employees (5 pts)

8. Collection of revenues from rental of facilities ----- 100,000 (5 pts)

9. Purchased on account computer hardwares ---------500,000 (10 pts)

10. Paid 450,000 to the Janitorial agency for the services rendered (10 pts)

11. Remittance of the taxes witheld from employees, suppliers, service providers (assume 8% witholding tax on gross income payments for Personnel Services, 5% witholding tax on gross payments for Maintenance and Other Operating Expenses (MOOE) and 5% witholding tax on gross payments for Capital Outlay (CO) expenditures (10 pts)

12. Remittance of deductions to other government agencies (Employees and Employer share) (Assume equal payments for employee and emplyer share) (10 pts)

13. Liquidation of the cash advance granted for the payment regular employees compensation (5 pts)

14. Additional 5 pts for the quality of your work

Provide the journal entry to record each of the independent transactions of National Government Agency XYZ. Indicate the budget forms, documents, and registries to be used by the Budget Unit in recording the transaction Indicate the accounting forms and documents to be used by the Accounting Unit in recording the transaction Use the appropriate account title in recording the transaction both in the budget and accounting units 1. Receipt of 200,000,000 Appropriation (3 pts) 2. Receipt of 180,000,000 allotment from the Department of Budget and Management (3 pts) 3. Receipt of 180,000,000 Notice of Cash Allocation (NCA) (3 pts) 4. Entered into contract with Janitorial Services Agency in the contract amount of 20,000,000 for the provision of janitorial services for the FY 2021 (6 pts) 5. Paid MERALCO billings, 2,000,000 (10 pts) 6. Accrued the following for its regular employees compensation (10 pts) Salaries and wages --- - 1.500,000 PERA -200,000 Representation Allowance - 15,000 Transportation Allowance - 10.000 Mandatory deductions Witholding tax 30,000 GSIS 135.000 PAG-IBIG -17.000 PHILHEALTH - 15.000 7. Grant of cash advance for the payment of the above compensation to its regular employees (5 pts) 8. Collection of revenues from rental of facilities....100,000 (5 pts) 9. Purchased on account computer hardwares ........500.000 (10 pts) 10. Paid 450,000 to the Janitorial agency for the services rendered (10 pts) 11. Remittance of the taxes witheld from employees, suppliers, service providers assume 8% witholding tax on gross income payments for Personnel Services, 5% witholding tax on gross payments for Maintenance and Other Operating Expenses (MOOE) and 5% witholding tax on gross payments for Capital Outlay (CO) expenditures (10 pts) 12. Remittance of deductions to other soverment agencies (Employees and Employer share! Assume equal payments for employee and empler starate Win (10 pts) 13. Liquidation of the cash advance granted for the payment regular employees compensation (5 pts Soto Bet 14. Additional 5 pts for the quality of your work