CASH CHECK POST

DATE ACCOUNT TITLES AND EXPLANATION

DEBIT CREDIT NO. REF.
15,000.00 1422 RENT EXPENSE
MEDICAL EQUIPMENT
2,490.00 1423 PUBLICATIONS EXPENSE
2,000.00 1424 CHARITABLE CONT. EXPENSE
8,000.00
5,200.00 1425 PROF. DUES & LICENSES EXPENSE
OFFICE SUPPLIES
12,600.00
62,400.00 ACCOUNTS RECEIVABLE

SUBTOTAL WK 1 83,000.00 24,690.00

16,000.00
2,965.00 1426 REPAIRS AND MAINTENANCE EXPENSE
1,150.00 1427 CLEANING EXPENSE
10,556.16 1428 SSS AND EC CONTRIBUTIONS PAYABLE
* PHILHEALTH CONTRIBUTIONS PAYABLE
* PAGIBIG CONTRIBUTIONS PAYABLE
* WITHHOLDING TAXES PAYABLE
3,500.00 1429 PROF. DUES & LICENSES EXPENSE
UTILITIES EXPENSE
66,250.00 ACCOUNTS RECEIVABLE
17,650.00

SUBTOTAL WK 2 99,900.00 18,171.16

22,264.52 1430 SALARIES EXPENSE

* SSS AND EC CONTRIBUTIONS PAYABLE
* PHILHEALTH CONTRIBUTIONS PAYABLE
* PAGIBIG CONTRIBUTIONS PAYABLE
* WITHHOLDING TAXES PAYABLE
6,287.50 1431 LABORATORY EXPENSES
 4,505.00 1432 LAUNDRY EXPENSE
OFFICE EQUIPMENT
6,850.00 1433 PUBLICATIONS EXPENSE
13,000.00
UTILITIES EXPENSE
1,251.00 1434 MEDICAL SUPPLIES
3,300.00
52,750.00 ACCOUNTS RECEIVABLE

SUBTOTAL WK 3 69,050.00 41,158.02

334.88 1435 ACCOUNTS PAYABLE

MEDICAL EQUIPMENT
100,000.00 1436 THEODORE DANIEL, DRAWINGS
1437 THADDEUS DOMINIQUE, DRAWINGS
42,000.00 1438 ACCOUNTS PAYABLE
8,583.50 1439 FURNITURES AND FIXTURES
6,000.00
900.00
21,650.00 ACCOUNTS RECEIVABLE
1,282.91 1440 ACCOUNTS PAYABLE

SUBTOTAL WK 4 28,550.00 152,201.29

22,264.52 1441 SALARIES EXPENSE

* SSS AND EC CONTRIBUTIONS PAYABLE
* PHILHEALTH CONTRIBUTIONS PAYABLE
* PAGIBIG CONTRIBUTIONS PAYABLE
* WITHHOLDING TAXES PAYABLE
SSS AND EC CONTRIBUTIONS EXPENSE
PHILHEALTH CONTRIBUTIONS EXPENSE
PAGIBIG CONTRIBUTIONS EXPENSE
SSS AND EC CONTRIBUTIONS PAYABLE
PHILHEALTH CONTRIBUTIONS PAYABLE
 PAGIBIG CONTRIBUTIONS PAYABLE
12,288.00 1442 LABORATORY EXPENSE
UTILITIES EXPENSE
4,680.00 1443 TRAVEL EXPENSE
7,500.00
400.00
34,100.00 ACCOUNTS RECEIVABLE

SUBTOTAL WK 5 42,000.00 39,232.52

2,017.00 MISCELLANEOUS EXPENSE

TRAVEL EXPENSE
CHARITABLE CONTRIBUTIONS EXPENSE

TOTAL (JULY 2009) 322,500.00 277,469.99

TOTAL DEBITS 873,315.89

TOTAL CREDITS 873,315.89
 OTHER ACCOUNTS ACC. RECEIVABLE ACC. PAYABLE CONSULTANCY REV. PATIENT SVC. REV
DEBIT CREDIT DEBIT CREDIT CREDIT CREDIT
15,000.00
24,000.00 24,000.00
2,490.00
2,000.00
8,000.00
5,200.00
2,080.00 2,080.00
22,990.00 35,590.00
62,400.00

50,770.00 62,400.00 22,990.00 26,080.00 8,000.00 35,590.00

16,000.00
2,965.00
1,150.00
3,931.00
1,275.00
600.00
4,750.16
3,500.00
1,282.91 1,282.91
66,250.00
63,250.00 80,900.00

19,454.07 66,250.00 63,250.00 1,282.91 16,000.00 80,900.00

25,800.00
691.65
318.75
150.00
2,375.08
6,287.50
 4,505.00
30,000.00 30,000.00
6,850.00
13,000.00
334.88 334.88
1,251.00
27,550.00 30,850.00
52,750.00

75,028.38 56,285.48 27,550.00 30,334.88 13,000.00 30,850.00

334.88
7,500.00 7,500.00
50,000.00
50,000.00
42,000.00
8,583.50
6,000.00
45,600.00 46,500.00
21,650.00
1,282.91

159,701.29 21,650.00 45,600.00 7,500.00 6,000.00 46,500.00

25,800.00
691.65
318.75
150.00
2,375.08
2,547.70
637.50
300.00
2,547.70
637.50
 300.00
12,288.00
4,201.95 4,201.95
4,680.00
7,500.00
34,000.00 34,400.00
34,100.00

50,455.15 41,120.68 34,000.00 4,201.95 7,500.00 34,400.00

167.00
850.00
1,000.00

357,425.89 247,706.16 193,390.00 69,399.74 50,500.00 228,240.00

WEEK DEBIT CREDIT
1 156,760.00 156,760.00
2 182,604.07 182,604.07
3 171,628.38 171,628.38
4 233,851.29 233,851.29
5 126,455.15 126,455.15
TOTAL 871,298.89 871,298.89
 Petty Cash Record
For the Month Ended July 31, 2009
DISTRIBUTION OF PAYMENTS
DATE PCV NO. EXPLANATION PAYMENTS OTHER
MISC. TRAVEL
ACCOUNT AMOUNT
July 2, 1009 21 Delivery of X-Rays JRS Express 112.00
July 9, 2009 22 Donation to Local Chapter Girl Scouts Charitable Cont. Expense 1,000.00
July 15, 2009 23 Taxi Fare Nissan Avis Taxi 850.00
July 23, 2009 24 Postage Express Mail 55.00

167.00 850.00 1,000.00

 GENERAL JOURNAL
DATE ACCOUNT TITLES/EXPLANATION PR DEBIT CREDIT
BOOK OF DANIEL
7/1/2009 Daniel, Capital 4,007.00
Medical Supplies 4,007.00

* Daniel, Capital 2,028.00

Office Supplies 2,028.00

* Daniel, Capital 1,675.00

Cash 1,675.00

* Daniel, Capital 4,000.00

Cash 4,000.00

* Accu Dep - Med Eq. 36,000.00

Medical Equipment 36,000.00

* Accu Dep - Office Eq. 11,250.00

Office Equipment 11,250.00

* Accu Dep - Furnitures 12,537.50

Furnitures and Fixtures 12,537.50

* Accounts Payable 42,000.00

SSS and EC Contributions Payable 3,931.00
PhilHealth Contributions Payable 1,275.00
PAG-IBIG Contributions Payable 600.00
Withholding Taxes Payable 4,750.16
Theodore Daniel, Capital 1,260,239.34
Cash 266,583.00
Petty Cash 5,000.00
Accounts Receivable 246,000.00
Medical Supplies 21,000.00
Office Supplies 7,500.00
Prepaid Insurance 9,000.00
Medical Equipment 414,000.00
Office Equipment 138,750.00
Furnitures and Fixtures 155,462.50
Rent Deposit 45,000.00
Utilities Deposit 4,500.00

BOOK OF PARTNERSHIP
7/1/2009 Cash 266,583.00
Petty Cash 5,000.00
Accounts Receivable 246,000.00
Medical Supplies 21,000.00
Office Supplies 7,500.00
Prepaid Insurance 9,000.00
Medical Equipment 414,000.00
Office Equipment 138,750.00
 Furnitures and Fixtures 155,462.50
Rent Deposit 45,000.00
Utilities Deposit 4,500.00
Accounts Payable 42,000.00
SSS and EC Contributions Payable 3,931.00
PhilHealth Contributions Payable 1,275.00
PAG-IBIG Contributions Payable 600.00
Withholding Taxes Payable 4,750.16
Theodore Daniel, Capital 1,260,239.34

* Cash 435,000.00
Thaddeus Dominique, Capital 435,000.00

* Theodore Daniel, Capital 390,239.34

Cash 390,239.34

Club Medica
Statement of Financial Position
as of July 1, 2009
ASSETS
Cash 311,343.66
Petty Cash 5,000.00
Accounts Receivable 246,000.00
Medical Supplies 21,000.00
Office Supplies 7,500.00
Prepaid Insurance 9,000.00
Medical Equipment 414,000.00
Office Equipment 138,750.00
Furnitures and Fixtures 155,462.50
Rent Deposit 45,000.00
Utilities Deposit 4,500.00
Total Assets 1,357,556.16

LIABILITIES AND EQUITY

Accounts Payable 42,000.00
SSS and EC Contributions Payable 3,931.00
PhilHealth Contributions Payable 1,275.00
PAG-IBIG Contributions Payable 600.00
Withholding Taxes Payable 4,750.16
Theodore Daniel, Capital 870,000.00
Thaddeus Dominique, Capital 435,000.00
Total Liabilities and Equity 1,357,556.16

DATE ACCOUNT TITLES P.R. DEBIT CREDIT

31-Jul-09 Medical Supplies Expense 11,901.00
Medical Supplies 11,901.00

* Office Supplies Expense 7,322.00

 Office Supplies 7,322.00

* Insurance Expense 1,500.00

Prepaid Insurance 1,500.00

* Depreciation Expense - Medical Equipment 6,420.00

Accumulated Depreciation - Medical Equipment 6,420.00

* Depreciation Expense - Office Equipment 3,000.00

Accumulated Depreciation - Office Equipment 3,000.00

* Depreciation Expense - Furnitures and Fixtures 3,127.00

Accumulated Depreciation - Furnitures and Fixtures 3,127.00

* Consultancy Revenues 50,500.00

Patient Service Revenues 228,240.00
Income Summary 278,740.00

* Income Summary 160,617.44

Salaries Expense 51,600.00
Sss And Ec Contributions Expense 2,547.70
Philhealth Contributions Expense 637.50
Pag-Ibig Contributions Expense 300.00
Rent Expense 15,000.00
Utilities Expense 4,536.83
Cleaning Expense 1,150.00
Laundry Expense 4,505.00
Laboratory Expense 18,575.50
Medical Supplies Expense 11,901.00
Office Supplies Expense 7,322.00
Publication Expense 6,850.00
Travel Expense 5,530.00
Professional Dues And License Expense 8,700.00
Charitable Contributions Expense 4,282.91
Depreciation Expense - Medical Equipment 6,420.00
Depreciation Expense - Office Equipment 3,000.00
Depreciation Expense - Furnitures And Fixtures 3,127.00
Insurance Expense 1,500.00
Repairs And Maintenance Expense 2,965.00
Miscellaneous Expense 167.00

* Income Summary 118,122.56

Theodore Daniel, Withdrawals 63,048.54
Thaddeus Dominique, Withdrawals 55,074.02

* Theodore Daniel, Withdrawals 13,048.54

Thaddeus Dominique, Withdrawals 5,074.02
Theodore Daniel, Capital 13,048.54
Thaddeus Dominique, Capital 5,074.02
 WEEK 1 ADDITIONAL BAL. WEEK 2
ACCOUNT TITLES
DEBIT CREDIT DEBIT CREDIT DEBIT
CASH 369,653.66 99,900.00 18,171.16 451,382.50
PETTY CASH 5,000.00 5,000.00
INTEREST RECEIVABLE
ACCOUNTS RECEIVABLE 206,590.00 63,250.00 66,250.00 203,590.00
ALLOWANCE FOR UNCOLLECTIBLE ACCOUNTS
MEDICAL SUPPLIES 21,000.00 21,000.00
OFFICE SUPPLIES 9,580.00 9,580.00
PREPAID INSURANCE 9,000.00 9,000.00
MEDICAL EQUIPMENT 438,000.00 438,000.00
ACCUMULATED DEPRECIATION - MEDICAL EQUIPMENT
OFFICE EQUIPMENT 138,750.00 138,750.00
ACCUMULATED DEPRECIATION - OFFICE EQUIPMENT
FURNITURES AND FIXTURES 155,462.50 155,462.50
ACCUMULATED DEPRECIATION - FURNITURES AND FIXTURES
RENT DEPOSIT 45,000.00 45,000.00
UTILITIES DEPOSIT 4,500.00 4,500.00
NOTES PAYABLE
INTEREST PAYABLE
ACCOUNTS PAYABLE 68,080.00 1,282.91
SALARIES PAYABLE
SSS AND EC CONTRIBUTIONS PAYABLE 3,931.00 3,931.00
PHILHEALTH CONTRIBUTIONS PAYABLE 1,275.00 1,275.00
PAG-IBIG CONTRIBUTIONS PAYABLE 600.00 600.00
WITHHOLDING TAXES PAYABLE 4,750.16 4,750.16
THEODORE DANIEL, CAPITAL 870,000.00
THEODORE DANIEL, WITHDRAWALS
THADDEUS DOMINIQUE, CAPITAL 435,000.00
THADDEUS DOMINIQUE, WITHDRAWALS
PATIENT SERVICE REVENUES 35,590.00 80,900.00
CONSULTANCY REVENUES 8,000.00 16,000.00
SALARIES EXPENSE
SSS AND EC CONTRIBUTIONS EXPENSE
PHILHEALTH CONTRIBUTIONS EXPENSE
PAG-IBIG CONTRIBUTIONS EXPENSE
RENT EXPENSE 15,000.00 15,000.00
UTILITIES EXPENSE
CLEANING EXPENSE 1,150.00 1,150.00
LAUNDRY EXPENSE
LABORATORY EXPENSE
MEDICAL SUPPLIES EXPENSE
OFFICE SUPPLIES EXPENSE
PUBLICATION EXPENSE 2,490.00 2,490.00
TRAVEL EXPENSE
PROFESSIONAL DUES AND LICENSE EXPENSE 5,200.00 3,500.00 8,700.00
CHARITABLE CONTRIBUTIONS EXPENSE 2,000.00 1,282.91 3,282.91
UNCOLLECTIBLE ACCOUNTS EXPENSE
DEPRECIATION EXPENSE - MEDICAL EQUIPMENT
DEPRECIATION EXPENSE - OFFICE EQUIPMENT
DEPRECIATION EXPENSE - FURNITURES AND FIXTURES
INSURANCE EXPENSE
REPAIRS AND MAINTENANCE EXPENSE 2,965.00 2,965.00
MISCELLANEOUS EXPENSE
INTEREST INCOME
INTEREST EXPENSE

BALANCE 1,427,226.16 1,427,226.16 182,604.07 182,604.07 1,514,852.91

WEEK 2 ADDITIONAL BAL. WEEK 3 ADDITIONAL BAL. WEEK 4 ADDITIONAL BAL.
CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT
69,050.00 41,158.02 479,274.48 28,550.00 152,201.29 355,623.19 42,000.00 39,232.52
5,000.00 5,000.00

27,550.00 52,750.00 178,390.00 45,600.00 21,650.00 202,340.00 34,000.00 34,100.00

1,251.00 22,251.00 22,251.00

9,580.00 9,580.00
9,000.00 9,000.00
438,000.00 7,500.00 445,500.00

30,000.00 168,750.00 168,750.00

155,462.50 8,583.50 164,046.00

45,000.00 45,000.00
4,500.00 4,500.00

69,362.91 30,334.88 99,697.79 43,617.79 7,500.00 63,580.00 4,201.95

691.65 691.65 691.65 3,239.35

318.75 318.75 318.75 956.25
150.00 150.00 150.00 450.00
2,375.08 2,375.08 2,375.08 2,375.08
870,000.00 870,000.00 870,000.00
50,000.00 50,000.00
435,000.00 435,000.00 435,000.00
50,000.00 50,000.00
116,490.00 30,850.00 147,340.00 46,500.00 193,840.00 34,400.00
24,000.00 13,000.00 37,000.00 6,000.00 43,000.00 7,500.00
25,800.00 25,800.00 25,800.00 25,800.00
2,547.70
637.50
300.00
 15,000.00 15,000.00
334.88 334.88 334.88 4,201.95
1,150.00 1,150.00
4,505.00 4,505.00 4,505.00
6,287.50 6,287.50 6,287.50 12,288.00

6,850.00 9,340.00 9,340.00

4,680.00
8,700.00 8,700.00
3,282.91 3,282.91

2,965.00 2,965.00

1,514,852.91 171,628.38 171,628.38 1,592,573.27 1,592,573.27 233,851.29 233,851.29 1,608,955.48 1,608,955.48 126,455.15 126,455.15
 WEEK 5 REPLENISHMENTS UNADJUSTED TRIAL BALANCE
DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT
358,390.67 2,017.00 356,373.67
5,000.00 5,000.00

202,240.00 202,240.00

22,251.00 22,251.00
9,580.00 9,580.00
9,000.00 9,000.00
445,500.00 445,500.00

168,750.00 168,750.00

164,046.00 164,046.00

45,000.00 45,000.00
4,500.00 4,500.00

67,781.95 67,781.95

3,931.00 3,931.00
1,275.00 1,275.00
600.00 600.00
4,750.16 4,750.16
870,000.00 870,000.00
50,000.00 50,000.00
435,000.00 435,000.00
50,000.00 50,000.00
228,240.00 228,240.00
50,500.00 50,500.00
51,600.00 51,600.00
2,547.70 2,547.70
637.50 637.50
300.00 300.00
 15,000.00 15,000.00
4,536.83 4,536.83
1,150.00 1,150.00
4,505.00 4,505.00
18,575.50 18,575.50

9,340.00 9,340.00
4,680.00 850.00 5,530.00
8,700.00 8,700.00
3,282.91 1,000.00 4,282.91

2,965.00 2,965.00
167.00 167.00

1,662,078.11 1,662,078.11 2,017.00 2,017.00 1,662,078.11 1,662,078.11

 BEG BAL 1 2 3 4 5 WK 1 BAL WK 1 8 9 10
ABAD 400.00 400.00 400.00
ALVARO 0.00 0.00
BACALSO 10,750.00 400.00 400.00 11,150.00
BARBO 0.00 0.00
BOBADILLA 550.00 550.00 550.00
BOMBEO 39,000.00 -8,000.00 -8,000.00 31,000.00
BURGOS 20,000.00 -15,000.00 -15,000.00 5,000.00
CARDENAS 18,750.00 340.00 340.00 19,090.00
CORPUZ 23,500.00 -16,000.00 -16,000.00 7,500.00 300.00
DAGANTA 7,500.00 0.00 7,500.00 9,000.00
DAL 0.00 0.00 15,000.00
DELA CRUZ 14,000.00 -10,000.00 -10,000.00 4,000.00
DELLOSA 9,000.00 0.00 9,000.00 900.00
DEL MUNDO 0.00 0.00
DELOS SANTOS 0.00 0.00 1,000.00
DIMEN 14,000.00 300.00 14,300.00 14,300.00
DONDOYANO 0.00 0.00
DULAY 400.00 400.00 400.00 350.00
GALANG 450.00 450.00 450.00
GARACHICO 0.00 0.00
GASCON 3,750.00 0.00 3,750.00 -1,500.00
GENERALES 7,750.00 0.00 7,750.00
GERON 400.00 -400.00 0.00 0.00
GEVERA 300.00 300.00 300.00
GO 4,500.00 0.00 4,500.00
MARASIGAN 300.00 300.00 300.00
MATUGUINAS 0.00 0.00
MEDINA 400.00 400.00 400.00
MODESTO 5,000.00 2,250.00 2,250.00 7,250.00
MULLES 700.00 700.00 700.00
OPISO 0.00 0.00
PAHILAGAO 0.00 0.00
PASCUA 0.00 0.00 12,000.00
PATENO 0.00 0.00
PERU 850.00 850.00 850.00
PIATOR 0.00 0.00
PIDO 4,500.00 0.00 4,500.00
PITULAR 0.00 0.00
POZON 0.00 0.00 1,150.00
RIVADELO 300.00 300.00 300.00
RUIZ 350.00 350.00 350.00 400.00
SALA 1,500.00 0.00 1,500.00
SEECHUA 10,000.00 -7,250.00 -7,250.00 2,750.00
SELISANA 25,000.00 0.00 25,000.00 400.00
SORRA 3,500.00 0.00 3,500.00
VILLON 0.00 0.00
VIRTUDAZO 10,000.00 0.00 10,000.00 -5,000.00
WOO 17,500.00 300.00 300.00 17,800.00
YACAPIN 0.00 0.00
YUMOL 10,500.00 -5,750.00 -5,750.00 4,750.00 550.00

TOTAL 246,000.00 206,590.00

 11 12 WK 2 BAL WK 2 15 16 17 18 19 WK 3 BAL WK 3 22 23
550.00 550.00 950.00 0.00 950.00
1,250.00 1,250.00 1,250.00 0.00 1,250.00
0.00 11,150.00 -9,000.00 -9,000.00 2,150.00 450.00
0.00 0.00 0.00 0.00
750.00 750.00 1,300.00 0.00 1,300.00 -1,300.00
-12,000.00 -12,000.00 19,000.00 -12,000.00 -12,000.00 7,000.00
0.00 5,000.00 0.00 5,000.00
800.00 800.00 19,890.00 0.00 19,890.00
300.00 7,800.00 0.00 7,800.00
300.00 9,300.00 16,800.00 -7,500.00 -7,500.00 9,300.00
15,000.00 15,000.00 0.00 15,000.00
0.00 4,000.00 0.00 4,000.00
-4,500.00 -3,600.00 5,400.00 0.00 5,400.00
0.00 0.00 450.00 450.00 450.00
1,000.00 1,000.00 0.00 1,000.00 600.00
0.00 14,300.00 0.00 14,300.00
2,250.00 2,250.00 2,250.00 2,250.00 2,250.00 4,500.00
350.00 750.00 0.00 750.00 -750.00
0.00 450.00 7,000.00 300.00 7,300.00 7,750.00 300.00
0.00 0.00 400.00 400.00 400.00
-1,500.00 2,250.00 0.00 2,250.00
-7,750.00 -7,750.00 0.00 400.00 400.00 400.00
0.00 0.00 0.00 0.00
0.00 300.00 400.00 400.00 700.00
0.00 4,500.00 -4,500.00 -4,500.00 0.00
0.00 300.00 2,300.00 2,300.00 2,600.00 2,300.00
0.00 0.00 400.00 400.00 400.00
0.00 400.00 0.00 400.00
0.00 7,250.00 -5,000.00 -5,000.00 2,250.00
0.00 700.00 400.00 400.00 1,100.00
300.00 300.00 300.00 0.00 300.00
0.00 0.00 0.00 0.00
12,000.00 12,000.00 -12,000.00 -12,000.00 0.00
0.00 0.00 600.00 600.00 600.00 10,000.00
0.00 850.00 1,950.00 1,950.00 2,800.00
 0.00 0.00 400.00 400.00 400.00
0.00 4,500.00 450.00 450.00 4,950.00 -4,950.00
0.00 0.00 0.00 0.00
16,000.00 17,150.00 17,150.00 300.00 300.00 17,450.00
0.00 300.00 800.00 800.00 1,100.00 -1,100.00
400.00 750.00 0.00 750.00 400.00
0.00 1,500.00 7,250.00 300.00 300.00 7,850.00 9,350.00
0.00 2,750.00 -2,750.00 -2,750.00 0.00
-18,000.00 -17,600.00 7,400.00 0.00 7,400.00
0.00 3,500.00 900.00 900.00 4,400.00
0.00 0.00 0.00 0.00 4,250.00
-5,000.00 5,000.00 0.00 5,000.00
-17,500.00 -17,500.00 300.00 0.00 300.00
0.00 0.00 0.00 0.00
550.00 5,300.00 0.00 5,300.00

203,590.00 178,390.00
 24 25 26 WK 4 BAL WK 4 29 30 31 WK 5 BAL WK 5
-950.00 -950.00 0.00 0.00 0.00
0.00 1,250.00 1,150.00 1,150.00 2,400.00
450.00 2,600.00 4,000.00 4,000.00 6,600.00
0.00 0.00 0.00 0.00
-1,300.00 0.00 0.00 0.00
-7,000.00 -7,000.00 0.00 0.00 0.00
0.00 5,000.00 -5,000.00 -5,000.00 0.00
0.00 19,890.00 -7,500.00 -7,500.00 12,390.00
450.00 450.00 8,250.00 0.00 8,250.00
0.00 9,300.00 0.00 9,300.00
0.00 15,000.00 -10,000.00 -10,000.00 5,000.00
0.00 4,000.00 -2,000.00 -2,000.00 2,000.00
0.00 5,400.00 3,500.00 3,500.00 8,900.00
400.00 400.00 850.00 -850.00 -850.00 0.00
1,000.00 1,600.00 2,600.00 0.00 2,600.00
0.00 14,300.00 550.00 550.00 14,850.00
-4,500.00 -4,500.00 0.00 0.00 0.00
-750.00 0.00 0.00 0.00
300.00 8,050.00 1,100.00 1,100.00 9,150.00
-400.00 -400.00 0.00 0.00 0.00
0.00 2,250.00 -2,250.00 -2,250.00 0.00
550.00 550.00 950.00 450.00 450.00 1,400.00
0.00 0.00 20,000.00 20,000.00 20,000.00
-700.00 -700.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00
2,300.00 4,900.00 0.00 4,900.00
0.00 400.00 0.00 400.00
0.00 400.00 -400.00 -400.00 0.00
2,000.00 2,000.00 4,250.00 0.00 4,250.00
0.00 1,100.00 -1,100.00 -1,100.00 0.00
0.00 300.00 600.00 600.00 900.00
0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00
300.00 10,300.00 10,900.00 1,500.00 1,500.00 12,400.00
0.00 2,800.00 0.00 2,800.00
 950.00 950.00 1,350.00 0.00 1,350.00
-4,950.00 0.00 0.00 0.00
3,000.00 3,000.00 3,000.00 400.00 400.00 3,400.00
0.00 17,450.00 0.00 17,450.00
-1,100.00 0.00 0.00 0.00
400.00 1,150.00 0.00 1,150.00
0.00 9,350.00 0.00 9,350.00
0.00 0.00 0.00 0.00
0.00 7,400.00 0.00 7,400.00
17,500.00 17,500.00 21,900.00 750.00 750.00 22,650.00
300.00 4,550.00 4,550.00 0.00 4,550.00
0.00 5,000.00 -5,000.00 -5,000.00 0.00
400.00 450.00 850.00 1,150.00 0.00 1,150.00
0.00 0.00 0.00 0.00
0.00 5,300.00 0.00 5,300.00

202,340.00 202,240.00
 CLUB MEDICA
WORKSHEET FOR THE MONTH ENDED JULY 31, 2009
UNADJUSTED TRIAL
ADJUSTMENTS ADJUSTED TRIAL BALANCE
NO. ACCOUNT TITLES BALANCE
DEBIT CREDIT DEBIT CREDIT DEBIT
100 CASH 356,373.67 356,373.67
101 PETTY CASH 5,000.00 5,000.00
111 INTEREST RECEIVABLE
120 ACCOUNTS RECEIVABLE 202,240.00 202,240.00
121 ALLOWANCE FOR UNCOLLECTIBLE ACCOUNTS
130 MEDICAL SUPPLIES 22,251.00 11,901.00 10,350.00
131 OFFICE SUPPLIES 9,580.00 4,832.00 4,748.00
140 PREPAID INSURANCE 9,000.00 1,500.00 7,500.00
150 MEDICAL EQUIPMENT 445,500.00 445,500.00
151 ACCUMULATED DEPRECIATION - MEDICAL EQUIPMENT 6,420.00
152 OFFICE EQUIPMENT 168,750.00 168,750.00
153 ACCUMULATED DEPRECIATION - OFFICE EQUIPMENT 3,000.00
154 FURNITURES AND FIXTURES 164,046.00 164,046.00
155 ACCUMULATED DEPRECIATION - FURNITURES AND FIXTURES 3,127.00
160 RENT DEPOSIT 45,000.00 45,000.00
161 UTILITIES DEPOSIT 4,500.00 4,500.00
200 NOTES PAYABLE
201 INTEREST PAYABLE
210 ACCOUNTS PAYABLE 67,781.95
220 SALARIES PAYABLE
221 SSS AND EC CONTRIBUTIONS PAYABLE 3,931.00
222 PHILHEALTH CONTRIBUTIONS PAYABLE 1,275.00
223 PAG-IBIG CONTRIBUTIONS PAYABLE 600.00
224 WITHHOLDING TAXES PAYABLE 4,750.16
300 THEODORE DANIEL, CAPITAL 870,000.00
301 THEODORE DANIEL, WITHDRAWALS 50,000.00 50,000.00
302 THADDEUS DOMINIQUE, CAPITAL 435,000.00
303 THADDEUS DOMINIQUE, WITHDRAWALS 50,000.00 50,000.00
310 INCOME SUMMARY
400 PATIENT SERVICE REVENUES 228,240.00
401 CONSULTANCY REVENUES 50,500.00
500 SALARIES EXPENSE 51,600.00 51,600.00
501 SSS AND EC CONTRIBUTIONS EXPENSE 2,547.70 2,547.70
502 PHILHEALTH CONTRIBUTIONS EXPENSE 637.50 637.50
503 PAG-IBIG CONTRIBUTIONS EXPENSE 300.00 300.00
510 RENT EXPENSE 15,000.00 15,000.00
511 UTILITIES EXPENSE 4,536.83 4,536.83
512 CLEANING EXPENSE 1,150.00 1,150.00
513 LAUNDRY EXPENSE 4,505.00 4,505.00
520 LABORATORY EXPENSE 18,575.50 18,575.50
521 MEDICAL SUPPLIES EXPENSE 11,901.00 11,901.00
530 OFFICE SUPPLIES EXPENSE 4,832.00 4,832.00
531 PUBLICATION EXPENSE 9,340.00 9,340.00
532 TRAVEL EXPENSE 5,530.00 5,530.00
533 PROFESSIONAL DUES AND LICENSE EXPENSE 8,700.00 8,700.00
534 CHARITABLE CONTRIBUTIONS EXPENSE 4,282.91 4,282.91
BALANCE CARRIED FORWARD 1,658,946.11 1,662,078.11 16,733.00 30,780.00 1,657,446.11
BALANCE BROUGHT FORWARD 1,658,946.11 1,662,078.11 16,733.00 30,780.00 1,657,446.11
540 UNCOLLECTIBLE ACCOUNTS EXPENSE
541 DEPRECIATION EXPENSE - MEDICAL EQUIPMENT 6,420.00 6,420.00
542 DEPRECIATION EXPENSE - OFFICE EQUIPMENT 3,000.00 3,000.00
543 DEPRECIATION EXPENSE - FURNITURES AND FIXTURES 3,127.00 3,127.00
550 INSURANCE EXPENSE 1,500.00 1,500.00
551 REPAIRS AND MAINTENANCE EXPENSE 2,965.00 2,965.00
570 MISCELLANEOUS EXPENSE 167.00 167.00
600 INTEREST INCOME
700 INTEREST EXPENSE

BALANCE 1,662,078.11 1,662,078.11 30,780.00 30,780.00 1,674,625.11

PROFIT
TOTAL
DED JULY 31, 2009
JUSTED TRIAL BALANCE INCOME STATEMENT BALANCE SHEET
NO.
CREDIT DEBIT CREDIT DEBIT CREDIT
356,373.67 100
5,000.00 101
111
202,240.00 120
121
10,350.00 130
4,748.00 131
7,500.00 140
445,500.00 150
6,420.00 6,420.00 151
168,750.00 152
3,000.00 3,000.00 153
164,046.00 154
3,127.00 3,127.00 155
45,000.00 160
4,500.00 161
200
201
67,781.95 67,781.95 210
220
3,931.00 3,931.00 221
1,275.00 1,275.00 222
600.00 600.00 223
4,750.16 4,750.16 224
870,000.00 870,000.00 300
50,000.00 301
435,000.00 435,000.00 302
50,000.00 303
310
228,240.00 228,240.00 400
50,500.00 50,500.00 401
51,600.00 500
 2,547.70 501
637.50 502
300.00 503
15,000.00 510
4,536.83 511
1,150.00 512
4,505.00 513
18,575.50 520
11,901.00 521
4,832.00 530
9,340.00 531
5,530.00 532
8,700.00 533
4,282.91 534
1,674,625.11 143,438.44 278,740.00 1,514,007.67 1,395,885.11
1,674,625.11 143,438.44 278,740.00 1,514,007.67 1,395,885.11
540
6,420.00 541
3,000.00 542
3,127.00 543
1,500.00 550
2,965.00 551
167.00 570
600
700

1,674,625.11 160,617.44 278,740.00 1,514,007.67 1,395,885.11

118,122.56 118,122.56
278,740.00 278,740.00 1,514,007.67 1,514,007.67
 Club Medica
Statement of Cash Flow
For the Month Ended July 31, 2009

Cash Flows from Operating Activities

Cash received from clients 322,500.00
Payments to suppliers -3,741.00
Payments to employees -44,529.04
Payment for office rent -15,000.00
Payments for utilities -1,617.79
Payments for repairs and maintenance -2,965.00
Payments for other operating expenses -48,477.50
Net cash provided by (used in) operating activities 206,169.67

Cash Flows from Investing Activities

Payments to acquire property and equipment -50,583.50
Net cash provided by (used in) investing activities -50,583.50

Cash Flows from Financing Activities

Payments to settle payables -10,556.16
Payments for withdrawals of the owner -100,000.00
Net cash provided by (used in) financing activities -110,556.16

Net Increse (Decrease) in Cash 45,030.01

Cash balance at the beginning of the period 311,343.66
Cash balance at the end of the period 356,373.67
 Club Medica
Statement of Comprehensive Income
For the Month Ended July 31, 2009
REVENUES
CONSULTANCY REVENUES 50,500.00
PATIENT SERVICE REVENUES 228,240.00
INTEREST INCOME 0.00
Total Revenues 278,740.00

Less: EXPENSES
SALARIES EXPENSE 51,600.00
SSS AND EC CONTRIBUTIONS EXPENSE 2,547.70
PHILHEALTH CONTRIBUTIONS EXPENSE 637.50
PAG-IBIG CONTRIBUTIONS EXPENSE 300.00
RENT EXPENSE 15,000.00
UTILITIES EXPENSE 4,536.83
CLEANING EXPENSE 1,150.00
LAUNDRY EXPENSE 4,505.00
LABORATORY EXPENSE 18,575.50
MEDICAL SUPPLIES EXPENSE 11,901.00
OFFICE SUPPLIES EXPENSE 4,832.00
PUBLICATION EXPENSE 9,340.00
TRAVEL EXPENSE 5,530.00
PROFESSIONAL DUES AND LICENSE EXPENSE 8,700.00
CHARITABLE CONTRIBUTIONS EXPENSE 4,282.91
UNCOLLECTIBLE ACCOUNTS EXPENSE
DEPRECIATION EXPENSE - MEDICAL EQUIPMENT 6,420.00
DEPRECIATION EXPENSE - OFFICE EQUIPMENT 3,000.00
DEPRECIATION EXPENSE - FURNITURES AND FIXTURES 3,127.00
INSURANCE EXPENSE 1,500.00
REPAIRS AND MAINTENANCE EXPENSE 2,965.00
MISCELLANEOUS EXPENSE 167.00
INTEREST EXPENSE
TOTAL EXPENSES 160,617.44
118,122.56
PROFIT
DIVISION OF PROFITS
Profit 118,122.56
Partner Daniel (60%) 63,048.54
Partner Dominique (40%) 55,074.02
TOTAL 118,122.56

Daniel Dominique Total

Salary Allowances 50,000.00 50,000.00 100,000.00
Interest on Beginning Capital Balances (30% per annum) 21,750.00 10,875.00 32,625.00
Profit and Loss Ratio 60:40 -8,701.46 -5,800.98 -14,502.44
Total 63,048.54 55,074.02 118,122.56
 Club Medica
Statement of Changes in Partner's Equity
For the Month Ended July 31, 2009
Daniel, Capital Dominique, Capital
Capital Balances, July 1, 2009 870,000.00 435,000.00
Add: Additional Investments 0.00 0.00
Balance 870,000.00 435,000.00
Add: Profit 63,048.54 55,074.02
Total 933,048.54 490,074.02
Less: Drawings 50,000.00 50,000.00
Partner's Equity, July 31, 2009 883,048.54 440,074.02
 Club Medica
Statement of Financial Position
As of July 31, 2009
ASSETS
CURRENT ASSETS:
Cash 356,373.67
Petty Cash 5,000.00
Interest Receivable
Accounts Receivable 202,240.00
Allowance For Uncollectible Accounts
Medical Supplies 10,350.00
Office Supplies 4,748.00
Prepaid Insurance 7,500.00
Rent Deposit 45,000.00
Utilities Deposit 4,500.00
Total Current Assets 635,711.67

NON-CURRENT ASSETS:
Medical Equipment 445,500.00
Less: Accumulated Depreciation - Medical Equipment 6,420.00 439,080.00
Office Equipment 168,750.00
Less: Accumulated Depreciation - Office Equipment 3,000.00 165,750.00
Furnitures And Fixtures 164,046.00
Less: Accumulated Depreciation - Furnitures And Fixtures 3,127.00 160,919.00
Total Non Current Assets 765,749.00

TOTAL ASSETS 1,401,460.67

LIABILITIES
CURRENT LIABILITIES:
Notes Payable
Interest Payable
Accounts Payable 67,781.95
Salaries Payable
Sss And Ec Contributions Payable 3,931.00
Philhealth Contributions Payable 1,275.00
 Pag-Ibig Contributions Payable 600.00
Withholding Taxes Payable 4,750.16
Total Current Liabilities 78,338.11

PARTNER'S EQUITY
Theodore Daniel, Capital 883,048.54
Thaddeus Dominique, Capital 440,074.02

TOTAL LIABILITIES AND PARTNER'S EQUITY 1,401,460.67

 Club Medica
Post-Closing Trial Balance
July 31, 2009
ACCOUNT TITLES DEBIT CREDIT

Cash 356,373.67
Petty Cash 5,000.00
Interest Receivable
Accounts Receivable 202,240.00
Allowance For Uncollectible Accounts
Medical Supplies 10,350.00
Office Supplies 4,748.00
Prepaid Insurance 7,500.00
Rent Deposit 45,000.00
Utilities Deposit 4,500.00
Medical Equipment 445,500.00
Accumulated Depreciation - Medical Equipment 6,420.00
Office Equipment 168,750.00
Accumulated Depreciation - Office Equipment 3,000.00
Furnitures And Fixtures 164,046.00
Accumulated Depreciation - Furnitures And Fixtures 3,127.00
Notes Payable
Interest Payable
Accounts Payable 67,781.95
Salaries Payable
Sss And Ec Contributions Payable 3,931.00
Philhealth Contributions Payable 1,275.00
Pag-Ibig Contributions Payable 600.00
Withholding Taxes Payable 4,750.16
Theodore Daniel, Capital 883,048.54
Thaddeus Dominique, Capital 440,074.02

TOTAL 1,414,007.67 1,414,007.67