Exercise 2: (file: E. Chapter 3. Cash.Ex1-2.

MOF)
1. On Jan 5, receive the approval decision from the authorities to assign
the first quarter’s spending budget estimates: VND 500,000,000
Dr. Budget estimates for activities 008 500,000,000

2. On Jan 6, provisional withdrawal from recurrent budget estimates,

transfer to the cash fund of VND 35,000,000
Dr. Cash on hand 111 35,000,000
Cr. Provisional income 337 35,000,000

Cr. Budget estimates for activities 008 35,000,000

3. On Feb 10, cash out to pay in advance for Mr Hoang on a business

trip, the amount is 2,500,000 according to payment voucher No. 02
Dr. Advances 141 2,500,000
Cr. Cash on hand 111 2,500,000

4. On Jan 11, paid cash to buy office supplies and sent to the accounting
department to use VND 5,000,000 according to payment voucher No. 3
and delivery note No. 01
Dr. Non-business operating expense 611 5,000,000
Cr. Cash on hand 111 5,000,000

Dr. Provisional income 337 5,000,000

Cr. State-funded income 511 5,000,000

5. On Jan 20, Mr Hoang returned from work and completed payment

procedures. The amount paid according to the enclosed documents was
VND 2,200,000. The amount of excess advance paid to the cash fund in
full according to Receipt No. 15
Dr. Cash on 111 300,000
hand
Cr. Advances 141 300,000
Dr. Non-business operating expense 611 2,200,000
Cr. Advances 141 2,200,000

Dr. Provisional income 337 2,200,000

Cr. State-funded income 511 2,200,000

6. On Jan 21, withdrew from bank VND 20,000,000 and paid into the
fund fully according to the receipt No. 15
Dr. Cash on hand 111 20,000,000
Cr. Cash at bank 112 20,000,000

7. On Jan 23, received the State budget fund issued with the actual
spending order to the bank & treasury account of VND 50,00,000
Dr. Cash at bank 111 50,000,000
Cr. Provisional income 337 50,000,000

Dr. Actual spending order 012 50,000,000

8. On January 24, purchased materials to be stored by regular sources

from the State budget, bank transfer to the seller VND 50,000,000
Dr. Materials 611 50,000,000
Cr. Received but unrecognized income 366 50,000,000

Dr. Monetary state funding 3371 50,000,000

Cr. State-budget funding 3661 50,000,000

9. On Jan 25, purchased 1 computer set, equipped for the office

according to the unit’s plan VND 25,000,000, withdrew the non-recurrent
budget estimates to pay
Dr. Tangible fixed asset 211 25,000,000
Cr. Received but unrecognized income 366 25,000,000
 Cr. Budget estimates for activities 008 25,000,000

10. On Jan 30, paid the health insurance cards, the social insurance and
unemployment insurance premium VND 34,000,000
Dr. Salary-based payables 332 34,000,000
Cr. Cash on hand 111 34,000,000

11. On Jan 31st, withdrawal from the regular budget estimates to pay
salary to employees via ATM card VND 100,000,000
Dr. Salaries payable 334 100,000,000
Cr. State-funded income 511 100,000,000

Cr. Budget estimates for 008 100,000,000

activities

12. On Jan 31st, payment for electricity bill VND 2,200,000; water bill
VND 3,300,000; telephone bill VND 660,000
Dr. Non-business expenses 611 6,160,000
Cr. Cash on hand 111 6,160,000

13. On Feb 2nd, made a deposit of VND 10,000,000 in cash

Dr. Deposit, escrow, collateral 248 10,000,000
Cr. Cash on hand 111 10,000,000

14. On Feb 5th, received a credit note from the bank about the
customer's deposit: VND 15,000,000
Dr. Cash on hand 111 15,000,000
Cr. Deposits received 348 15,000,000

15. On Feb 10th, paid VND 15,000,000 to supplier for providing services
(previous period)
Dr. Trade payables 331 15,000,000
Cr. Cash on 111 15,000,000
hand