FINANCIAL REPORT

Prepared by:
Jackielou R. Gallarde
 JRG ENTERPRISE
INCOME STATEMENT
AS OF MARCH 8, 2011
REVENUES P 5,272.00
 

Skinless Longganisa Sales P 1,885.00

Burong Hipon Sales 1,640.00
Pechay and Mustard Sales 97.75
Services 1,650.00

Less EXPENSES P 2,267.00

Ingredients Expense P1,722.00
Seed Expense 20.00
Fertilizer Expense 20.00
Labor Expense 209.00
Other Expense 296.00
 
NET INCOME P 3,005.75
 
 JRG ENTERPRISE
BALANCE SHEET
AS OF MARCH 8, 2011
ASSETS LIABILITIES 

Current Assets Current Liabilities

Bank Deposits P 3,050.00 Total Current Liabilities P 0.00

Total Current Assets 3,050.00 Fixed Liabilities 0.00

Fixed Assets 0.00Total Fixed Liabilities 0.00

Total Fixed Assets 0.00 TOTAL LIABILITIES 0.00

OWNER’S EQUITY(OE) P 3,050.00

TOTAL ASSETS P 3,050.00 TOTAL LIABILITIES P 3,050.00

& OE

 
 JRG ENTERPRISE
CASH FLOW STATEMENT
FROM NOVEMBER 16, 2010 – MARCH 8, 2011

OPERATING ACTIVITIES
Cash Received
Services P 1,650.00
Sales 3,622.00
Total Cash Received P 5,272.00
Cash Used
Purchase of Raw Materials P(1,762.00)
Labor (209.00)
Other Cash Used (296.00)
Total Cash Used P(2,267.00)
Net Income P3,005.75
 SUMMARY OF PRODUCTION
Volume
Date Product Price(P)/ Sales (P) Profit (P)
Qty Unit Unit

December 17, ‘11 2.25 kg Pechay 23.00 51.75 28.25

January 23, ‘11 5 packs Skinless 65.00 325.00 75.00
Longganisa
January 28, ‘11 16 Packs Burong Hipon 20.00 320.00 148.00

February 4, ‘11 66 Packs Burong Hipon 20.00 1320.00 681.50

February 4, ‘11 2 Kg Mustard 23.00 46.00 22.5

February 13, ‘11 24 Packs Skinless 65.00 1560.00 400.00
Longganisa