{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-17T13:53:57-04:00", "answer_date": "2024-06-17 13:53:57", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "3192790", "url": "\/study-help\/questions\/what-are-the-correct-journal-entries-for-government-accounting-1recognized-3192790", "question_creation_date_js": "2024-06-17T13:53:57-04:00", "question_creation_date": "Jun 17, 2024 01:53 PM", "meta_title": "[Solved] What are the correct journal entries for | SolutionInn", "meta_description": "Answer of - What are the correct journal entries for government accounting? 1.Recognized the government agency's share for the fol | SolutionInn", "meta_keywords": "correct,journal,entries,government,accounting,1,recognized,agency,s,share,contributions,retirement", "question_title_h1": "What are the correct journal entries for government accounting? 1.Recognized the government agency's share for the following contributions: a.Retirement and Life Insurance PremiumP 20,000 b.PAG-IBIG", "question_title": "What are the correct journal entries for government accounting? 1.Recognized the government", "question_title_for_js_snippet": "What are the correct journal entries for government accounting 1 Recognized the government agency's share for the following contributions a Retirement and Life Insurance PremiumP 20,000 b PAG IBIG Contributions2,000 c Philhealth Contributions1,500 2 Paid the respective agencies for the contributions in No 1 3 Collected business income for Communications Network Fees of P40,000 and remitted 50 to National Treasury ", "question_description": "

What are the correct journal entries for government accounting?<\/strong><\/p>

<\/p>

<\/p>

1.Recognized the government agency's share for the following contributions:<\/p>

a.Retirement and Life Insurance PremiumP 20,000<\/p>

b.PAG-IBIG Contributions2,000<\/p>

c.Philhealth Contributions1,500<\/p>

2.Paid the respective agencies for the contributions in No. 1<\/p>

3.Collected business income for Communications Network Fees of P40,000 and remitted 50% to National Treasury.<\/p>", "transcribed_text": "", "related_book": { "title": "Accounting concepts and applications", "isbn": "978-0538750196, 538745487, 538750197, 978-0538745482", "edition": "11th Edition", "authors": "Albrecht Stice, Stice Swain", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/75.jpg", "uri": "\/textbooks\/accounting-concepts-and-applications-11th-edition-75", "see_more_uri": "" }, "free_related_book": { "isbn": "B0CPTNSG5V", "uri": "\/textbooks\/the-toolbox-1st-edition-979-8989589302-390418", "name": "The Toolbox", "edition": "1st Edition" }, "question_posted": "2024-06-17 13:53:57", "see_more_questions_link": "\/study-help\/questions\/business-economics-2023-September-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/calculate-the-moment-of-inertia-a-of-copper-uniform", "description": "Calculate the moment of inertia (a) of a copper uniform disc relative to the symmetry axis perpendicular to the plane of the disc, if its thickness is equal to b = 2.0 mm and its radius to R = 100...", "stars": 3.5 }, { "url": "\/study-help\/understanding-business-ethics\/try-to-present-information-in-a-modular-chunk-or-potato-1635507", "description": "Try to present information in a modular (chunk or potato chip) format.", "stars": 3 }, { "url": "\/study-help\/introduction-to-probability-statistics\/studies-show-that-gasoline-use-for-compact-cars-sold-in-1983257", "description": "Studies show that gasoline use for compact cars sold in North America is normally dis- tributed, with a mean of 100 km per 9 L (km\/L) and a standard deviation of 10 km\/9 L. 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