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    Balance Sheet: Barcena Quirante Daily Express Supplies

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    rosemarie s quirante
    Barcena Quirante's balance sheet as of December 31, 2015 shows total assets of PHP 2,112,350 consisting of current assets such as cash, accounts receivable, and inventory. Total liabilities are PHP 604,800 which are accounts payable. Capital and reserves are PHP 1,507,550 which are the capital contributions from the owners Barcena and Quirante. The balance sheet shows the company is financed by both debt in the form of accounts payable and equity capital from the owners.

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    Balance Sheet: Barcena Quirante Daily Express Supplies

    Uploaded by

    rosemarie s quirante
    11 views2 pages
    Barcena Quirante's balance sheet as of December 31, 2015 shows total assets of PHP 2,112,350 consisting of current assets such as cash, accounts receivable, and inventory. Total liabilities are PHP 604,800 which are accounts payable. Capital and reserves are PHP 1,507,550 which are the capital contributions from the owners Barcena and Quirante. The balance sheet shows the company is financed by both debt in the form of accounts payable and equity capital from the owners.

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    Balance Sheet

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    Barcena Quirante's balance sheet as of December 31, 2015 shows total assets of PHP 2,112,350 consisting of current assets such as cash, accounts receivable, and inventory. Total liabilities are PHP 604,800 which are accounts payable. Capital and reserves are PHP 1,507,550 which are the capital contributions from the owners Barcena and Quirante. The balance sheet shows the company is financed by both debt in the form of accounts payable and equity capital from the owners.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    11 views2 pages

    Balance Sheet: Barcena Quirante Daily Express Supplies

    Uploaded by

    rosemarie s quirante
    Barcena Quirante's balance sheet as of December 31, 2015 shows total assets of PHP 2,112,350 consisting of current assets such as cash, accounts receivable, and inventory. Total liabilities are PHP 604,800 which are accounts payable. Capital and reserves are PHP 1,507,550 which are the capital contributions from the owners Barcena and Quirante. The balance sheet shows the company is financed by both debt in the form of accounts payable and equity capital from the owners.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    of 2

    Barcena Quirante

    Daily Express
    Supplies
    Transaction Cross-Section by

    Balance Sheet
    Template:

    Chart of Accounts

    Report Cycle:

    Annual Report

    Posting Date:

    31.12.15

    To

    Currency:PHP

    Posting Date:

    Account Name

    Balance Account Name

    Assets

    Balance

    Liabilities
    604,800.00

    LS100 - Accounts Payable

    CA000 - Current Assets


    CA100 - Cash on Hand

    579,680.00

    CA200 - Metrobank #9000

    303,600.00

    CA300 - Bank of the Philippine Islands #1100

    470,578.00

    604,800.00

    Total Liabilities
    Capital and Reserves
    CR100 - Barcena, Capital

    753,775.00

    CR400 - Quirante, Capital

    753,775.00

    CA500 - Accounts Receivable, net


    75,600.00

    CA510 - Accounts Receivable

    Profit Period
    75,600.00

    Total CA500 - Accounts Receivable, net

    1,507,550.00

    Total Capital and Reserves

    572,900.00

    CA600 - Merchandise Inventory


    CA700 - Prepaid Expenses

    1,500.00

    CA900 - Input Tax

    8,000.00

    2,112,350.00
    =============

    41,992.00

    CA910 - VAT Receivable

    2,053,850.00

    Total CA000 - Current Assets


    NC000 - Noncurrent Assets
    NC100 - Office Equipment, net

    30,000.00

    NC110 - Office Equipment

    (750.00)

    NC120 - Acc. Dep. Office Equipment

    29,250.00

    Total NC100 - Office Equipment, net


    NC200 - Furniture and Fixture, net

    30,000.00

    NC210 - Furniture and Fixture

    (750.00)

    NC220 - Acc. Dep. Furniture and Fixture


    Page:

    1/2

    Printed By:

    SAP Business One

    Printed On:

    14:58

    18.03.15

    Barcena Quirante
    Daily Express
    Supplies

    Balance Sheet
    Currency:PHP

    Account Name

    Balance Account Name

    Balance

    29,250.00

    Total NC200 - Furniture and Fixture, net

    58,500.00

    Total NC000 - Noncurrent Assets

    2,112,350.00

    Total Assets

    2,112,350.00
    =============

    Page:

    2/2

    Printed By:

    SAP Business One

    Printed On:

    14:58

    18.03.15

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