HFTSK Session 2 (Exercise)

This account is used to record the costs paid in the movement/transport of SK Officials. This includes transportation, per diems, ferriage, and all other related expenses.

• Travelling Expenses

• Fuel, Oil and Lubricants Expenses

• Postage and Courier Services

• Training Expenses

This account is used to record the amount received equivalent to ten percent share from the General Fund of the Barangay.

• Subsidy from Other Local Government Units

• Subsidy from Barangay

• Subsidy from National Government Agencies

• Miscellaneous Income

This account is used to record the amount of advances to SK Officials for official travel.

• Advances to SK Officials

• Advances to SK Treasurer

• Refund of Cash Advances

• Training Expenses

This account is used to record the amount paid to winners of competitive and

promotional activities.

• Promotional Expenses

• Rewards Expenses

• Advertising Expenses

• Prizes

This account is used to record the amount paid for the charges imposed by

the bank for various services rendered.

• Bank Fees

• Bank Charges

• Interest and Surcharge

• Service Fees