Note 11. Intra–Agency Payables
This account is composed of the following:
2024 2023
Due to Other Funds ₱ 3,541,521.45 ₱ 9,920,760.43
Elimination of Reciprocal Account (2,941,600.96) 0.00
Total Intra-Agency Payables ₱ 599,920.49 ₱ 9,920,760.43
Note 12. Trust Liabilities
This account is composed of the following:
Trust Liabilities ₱ 1,072,035.65 ₱ 1,589,240.45
Trust Liabilities - Disaster Risk Reduction and
27,905,505.11 19,758,193.62
Management Fund
Guaranty/Security Deposits Payable 1,701,142.75 2,222,128.55
Total Trust Liabilities ₱ 30,678,683.51 ₱ 23,569,562.62
Note 13. Deferred Credits/Unearned Income
This account is composed of the following:
Current Deferred Credits/Unearned Income
Deferred Real Property Tax ₱ 10,992,923.96 ₱ 7,145,070.26
Deferred Special Education Tax 7,489,447.49 6,839,822.60
Other Deferred Credits 0.00 22,213.92
Total Deferred Credits/Unearned Income ₱ 18,482,371.45 ₱ 14,007,106.78
Note 14. Other Payables
This account is composed of the following:
Current
Other Payables ₱ 7,249,795.92 ₱ 11,585,343.25
Total Other Payables ₱ 7,249,795.92 ₱ 11,585,343.25
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