Accounting consolidating statements

27-Jun-2017 23:49

The first barangays started as relatively small communities of around 50 to 100 families.

By the time of contact with Spaniards, many barangays have developed into large communities.

According to Legazpi, he found communities with twenty to thirty people only.

Traditionally, the original “barangays” were coastal settlements of the migration of these Malayo-Polynesian people (who came to the archipelago) from other places in Southeast Asia (see chiefdom).

During the Spanish rule, through a resettlement policy called the Reducción, smaller scattered barangays were consolidated (and thus, "reduced") to form compact towns.

Each barangay was headed by the cabeza de barangay (barangay chief), who formed part of the Principalía - the elite ruling class of the municipalities of the Spanish Philippines.

accounting consolidating statements-11

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The name barangay originated from balangay, a Malay word meaning "sailboat".

The Municipal Council was abolished upon transfer of powers to the barangay system.

Marcos used to call the barangay part of Philippine participatory democracy, and most of his writings involving the New Society praised the role of baranganic democracy in nation-building.

Thus, there are eight (8) members of the Legislative Council in a barangay.

The council if in session for a new solution or a resolution of a bill votes, and if the counsels and the SK are at tie decision, the Captain uses his/her vote.Business with traders from other countries also meant contact with other cultures and civilizations, such as those of Japan, Han Chinese, Indian people, and Arab people.