The actual payments for PS, MOOE, and CO, based on the Disbursements for payment of Current...
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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. 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.
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Here are the stepwise calculations for the financial statements and notes Comparative Statement of Financial Position 1 Receivables Refer to Note 1 fo... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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