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Determine the unliquidated obligations at the end of quarter

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Reference no: EM132776709

Problem1 : A legislation approves the allocation of P200B funds to support the operations of Entity A for the current year. At the start of the first quarter, Entity A receives authorization to incur obligations up to P90B for the quarter. During the quarter, the entity receives monthly authorization to disburse funds not exceeding P30B per month. At the end of the quarter, total obligations incurred amounted to P80B while total disbursements amounted to P65B. Determine the

1) appropriation balance,
2) allotment balance
3) unliquidated obligations at the end of the quarter.

Reference no: EM132776709

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