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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) Total 700,000 500,000 1,000,000 2,200,000 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

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) Total 700,000 500,000 1,000,000 2,200,000 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

FINANCIAL ACCOUNTING
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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1. How much is the TOTAL unpaid obligations? 

2. How much is the TOTAL unreleased appropriations per Registry of Appropriations and Allotments? 

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
Transcribed Image Text: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
On January 16, 2020, Agency X paid the following: Personnel Services (PS) Maintenance and Other Operating Expenses (MOOE) Capital Outlay (CO) 240,000 200,000 500,000 940,000 Total On January 31, 2020, Agency X paid the following: Personnel Services (PS) Maintenance and Other Operating Expenses (MOOE) Capital Outlay (CO) 350,000 180,000 350,000 Total 880,000
Transcribed Image Text:On January 16, 2020, Agency X paid the following: Personnel Services (PS) Maintenance and Other Operating Expenses (MOOE) Capital Outlay (CO) 240,000 200,000 500,000 940,000 Total On January 31, 2020, Agency X paid the following: Personnel Services (PS) Maintenance and Other Operating Expenses (MOOE) Capital Outlay (CO) 350,000 180,000 350,000 Total 880,000
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