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WorksheetsGoV't Acctg
Total questions: 7
Worksheet time: 7mins
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
