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Mahogany Appliances Corporation
Mahogany Appliances Corporation
Appliances
Corporation
December 31, 2016
Financial Statements
(in Php)
Not
e
(1)
Php442,960.00
182 000.00
1 336 836.00
1 484 220.00
(2)
Prepayments
Total Current Assets
45 086.00
3 491 102.00
(3)
7 094 233.00
Php10,585,33
5.00
TOTAL ASSETS
LIABILITIES AND SHAREHOLDER'S EQUITY
Current Liabilities
Trade and other payables
Unearned Rental Income
(4)
2 595 470.00
210 000.00
Other Liabilities
Total Current Liabilities
610 360.00
3 415 830.00
Php2,200,000.
00
158 400.00
2 041 600.00
5 457 430.00
5 000 000
127 905
5 127 905
Php10,585,33
5.00
10250
43271
0
44296
0
80830
0
32925
77537
5
55000
0
11461
13368
36
60000
00
55000
0
57500
0
24100
0
73660
00
27176
7
70942
33
Interest Payable
14225
20
19580
1
75000
0
17233
3
54816
Accounts Payable
Accrued Expense
Notes Payable
Total
25954
70
Mahogany
Corporation
Statement of
Performance
For the year
December
Sales
Php4,587,14
0.00
3325780.00
1261360.00
Operating Expenses
Income from
Operations
Other Income
1061107.00
Other Charges
Income before Taxes
Provision for Income
Tax
225193.00
182721.00
NET INCOME
200253.00
207661.00
54816.00
Php127,905
.00
Appliances
Financial
ended
31, 2016