The actual payments for PS, MOOE, and CO, based on the Disbursements for payment of Current Year's Obligations (from Current Year and Continuing Appropriations)
The actual payments for PS, MOOE, and CO, based on the Disbursements for payment of Current Year's Obligations (from Current Year and Continuing Appropriations) sourced from FAR No. 1 consist of the following: Personnel Services P400,000 Maintenance and Other Operating Expenses 450,000 Capital Outlay 320,000 Requirements: a. Prepare a comparative statement of financial position showing cross-references to the notes for the following line items: 1. Receivables 2. Property, Plant and Equipment 3. Inter-agency Payables b. Prepare a comparative statement of financial performance showing cross-references to the notes for the following line items: 4. Personnel Services 5. Maintenance and Other Operating Expenses 6. Non-cash Expenses Sale c. Prepare a comparative statement of changes in net assets/equity d. Prepare the 2020 statement of cash flows. e. Prepare the 2020 statement of comparison of budget and actual amounts. f. Prepare a comparative partial notes showing the breakdowns of the cross-referenced line items.
Step by Step Solution
3.44 Rating (154 Votes )
There are 3 Steps involved in it
Step: 1
Here are the stepwise calculations for the financial statements and notes Comparative Statement of Financial Position 1 Receivables Refer to Note 1 fo...See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started