Question

Which line of Section I of the Daily Statement of Accountability (DD Form 2657) will you enter the end of month Navy Cash transaction of the following documents: 1. DD 1149 2. DD 1359 3. Debit Voucher for Cash to Strip?

a) Line 10
b) Line 11
c) Line 12
d) Line 13

Answer 1

The end of month Navy Cash transactions involving documents like DD 1149, DD 1359, and Debit Voucher for Cash to Strip, should be entered on Line 12 of the DD Form 2657. This line captures transaction summaries that affect the fund balance with the Treasury.

Step-by-step explanation:

The DD Form 2657, known as the Daily Statement of Accountability, is a document used by the Department of Defense to record and track financial transactions, including those of the Navy Cash system. When it comes to entering the end of month transactions for Navy Cash using the documents mentioned, understanding the specific lines of this form is crucial. The DD 1149 is a Requisition and Invoice Shipping Document, the DD 1359 is a Sales Slip, and a Debit Voucher for Cash to Strip is a transaction document.

The correct line to record the end of month Navy Cash transaction for these types of documents is Line 12. This line is designed to capture the summary of transactions that impact the fund balance with the Treasury. It's important to manage these entries carefully to maintain accurate financial records for auditing and budgeting purposes.

Documentation, accurate record-keeping, and understanding of the proper entry lines are key to managing Navy Cash transactions successfully. Any individual tasked with this responsibility should be diligent in ensuring that all transactions are recorded correctly to reflect the actual financial position at the end of the month.

Answer 2

For an end-of-month Navy Cash transaction involving DD 1149, DD 1359, and a Debit Voucher, the appropriate entry line on Section I of DD Form 2657 is Line 13, which is intended for miscellaneous transactions and adjustments.

Step-by-step explanation:

The Daily Statement of Accountability, or DD Form 2657, is used to document and reconcile transactions for various purposes, including the management of Navy Cash activities. The form is divided into different lines, each for a specific category of transaction. For the end-of-month Navy Cash transaction involving the specific documents mentioned, such as the DD 1149, DD 1359, and a Debit Voucher for Cash to Strip, you would generally enter this information on Line 13 of Section I of DD Form 2657. Line 13 is typically reserved for adjustments and miscellaneous transactions, which these documents pertain to.