M.

Cash- Tax Remittance Advice 37,000

Subsidy from National Government 37,000

to recognize the constructive receipt of NCA for TRA

Due to BIR 37,000

Cash- Tax Remittance Advice 37,000

to recognize the constructive remiitance of
taxes withheld to the BIR through TRA

N. Due to GSIS 4,000

Due to Pag-IBIG 1,000

Due to PhilHealth 2,000

Cash- Modified Disbursement System (MDS), Regular 7,000

to recognize remittance to GSIS , Pag-IBIG and
PhilHealth