e. Due from Other Funds
Intra-Agency Receivables and Payables in the amount of TEN MILLION FIVE
HUNDRED THIRTY-FIVE THOUSAND SEVEN HUNDRED SEVENTY-ONE
PESOS AND 72/100 (₱10,535,771.72) have been eliminated in the preparation of
Consolidated Financial Statements, with details as shown below: (see also Note 12).
SPECIAL
ACCOUNT GENERAL TRUST
EDUCATION TOTAL
TITLE FUND FUND
FUND
Due from Other
Funds 2,583,701.73 439,049.1 7,513,020.89 ₱10,535,771.72
Due to Other Funds 9,356,140.14 27,562.09 1,152,069.49 ₱10,535,771.72
f. Advances to Special Disbursing Officer
The Advances to Special Disbursing Officer account represents cash advances
granted to agency’s accountable officers and employees for special purpose
undertakings to be liquidated within a specified period. The account Advances to
Special Disbursing Officer of ₱500,298.00 is composed of the following:
ACCOUNTABLE
AMOUNT PURPOSE REMARKS
OFFICER
JABAGAT, ENIEGO C. 500,000.00 Confidential As of report date, the
Expenses for transmittal letter of
CY 2024 4th the liquidation
Quarter report, duly received
by the ICFAU
authorized staff, is
not yet available,
which will serve as
the basis of the
Agency Accountant
to recognize the
liquidation in the
books.
PONCIANO, MARLOU 298.00 Labor payroll Balance of
M. for projects unliquidated cash
undertaken by advance
administration
34
