REQUIREMENTS:1. What is the TOTAL amount of unfunded allotments to be reported in the Registry of Allotments and NCA? 2. How much is the TOTAL unobligated allotments for all RAODs - PS, MOOE and CO? The Department of Budget and Management (DBM), upon approval and issuance of the General Appropriations,released the following for Agency X on January 2, 2020:General Appropriations:Personnel Services (PS)Maintenance and Other Operating Expenses (MOOE)Capital Outlay (CO)Total700,000500,0001,300,0002,500,000Allotments:Personnel Services (PS)Maintenance and Other Operating Expenses (MOOE)Capital Outlay (CO)700,000500,0001,000,0002,200,000TotalOn January 15, 2020, Agency X incurred the following:Obligations incurred:Personnel Services (PS)Maintenance and Other Operating Expenses (MOOE)Capital Outlay (CO)Total250,000200,000500,000950,000On January 30, 2020, Agency X incurred the following:Obligations incurred:Personnel Services (PS)Maintenance and Other Operating Expenses (MOOE)Capital Outlay (CO)Total350,000250,000400,0001,000,000

Owner’s equity- Owner’s equity refers to the number of investment made by a personal in a…

Answered: REQUIREMENTS: 1. What is the TOTAL…

REQUIREMENTS: 1. What is the TOTAL amount of unfunded allotments to be reported in the Registry of Allotments and NCA? 2. How much is the TOTAL unobligated allotments for all RAODs - PS, MOOE and CO?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

REQUIREMENTS:

1. What is the TOTAL amount of unfunded allotments to be reported in the Registry of Allotments and NCA?

2. How much is the TOTAL unobligated allotments for all RAODs - PS, MOOE and CO?

The Department of Budget and Management (DBM), upon approval and issuance of the General Appropriations,
released the following for Agency X on January 2, 2020:
General Appropriations:
Personnel Services (PS)
Maintenance and Other Operating Expenses (MOOE)
Capital Outlay (CO)
Total
700,000
500,000
1,300,000
2,500,000
Allotments:
Personnel Services (PS)
Maintenance and Other Operating Expenses (MOOE)
Capital Outlay (CO)
700,000
500,000
1,000,000
2,200,000
Total
On January 15, 2020, Agency X incurred the following:
Obligations incurred:
Personnel Services (PS)
Maintenance and Other Operating Expenses (MOOE)
Capital Outlay (CO)
Total
250,000
200,000
500,000
950,000
On January 30, 2020, Agency X incurred the following:
Obligations incurred:
Personnel Services (PS)
Maintenance and Other Operating Expenses (MOOE)
Capital Outlay (CO)
Total
350,000
250,000
400,000
1,000,000

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