GoV't Acctg

To recognize constructive receipt of NCA for TRA (NGAs Books)

• Dr. Cash- Tax Remittance Advice

• Dr. Cash - Collecting Officer

• Cr. Advances to Payroll

• Cr. Subsidy from National Government

To recognize constructive remittance to BIR of taxes withheld through TRA (NGAs Book)

• Dr. Cash - MDS, Regular

• Dr. Due to BIR

• Cr. Cash - Collecting officer

• Cr. Cash- Tax Remittance Advice

To recognize constructive receipt of taxes remitted by NGAS through TRA (BIR Books)

• Dr. Tax remittance advice

• Dr. Cash-MDS, Regular

• Cr. Income Tax

• Cr. Subisfy from National Government

To recognize constructive receipt of remittance of taxes by NGAs through TRA (BTr Books)

• Dr. Cash- Tax Remittance AdviceCash

• Dr. Subsidy to NGAs

• Cr. Cash- Tax Remittance Advice

• Cr. Subsidy to NGAs

To record collections made by the Bureau of Internal Revenue

• Dr. Cash- Collecting officer

• Dr. Due to BIR

• Cr. Cash- TRA

• Cr. Income ax

To record remittance to Bureau of Treasury through the bank (BIR Books)

• Dr. Cash- TRA

• Dr. Cash-Treasury/ Agency

  Deposit, Regular

• Cr. Cash – Collecting

  Officer

• Cr. Cash - MDS, Regular

To record remittance to Bureau of Treasury through the bank (BTr Books)

• Dr. Cash in Bank – LC, Current

  Account

• Dr. Cash-Treasury/ Agency

  Deposit, Regular

• Cr. Cash- Treasury/ Agency

  Deposit, Regular

• Cr. Cash - MDS, Regular