Professional Documents
Culture Documents
FS Alfresco
FS Alfresco
Purchases 64285.72
Purchase Discount 48.21
Purchase Returns and Allowances 3214.29 61023.22
Sales 73848.22
Sales Discount 1255.04 72593.18
Sales Returns etc
63000
7790
70790
Alfresco Marketing
Trial Balance
Debits Credits
Cash in Bank 31,032.50
Petty Cash Fund 2,000.00
Accounts Receivable 28,965.00
Merchandise Inventory, Beginning 57,790.00
Furniture and Equipment 71,620.00
Accumulated Depreciation - Furniture and Equipment 612.50
Delivery Equipment 90,000.00
Accumulated Depreciation - Delivery Equipment 2,667.00
Deposit For Rent 10,000.00
Deposit for Utilities 2,000.00
Accounts Payable 36,900.00
Notes Payable 15,120.00
SS and EC Premiums Payable 1,786.60
MCR Premiums Payable 662.50
Pag-IBIG Premiums Payable 500.00
Withholding Tax Payable 2,703.90
Input Tax 7,322.78
Output Tax 8,711.17
Mabuhay, Capital 274,510.00
Mabuhay, Personal 200.00
Sales 73,848.22
Sales Discount 1,255.04
Purchases 64,285.72
Purchase Discount 48.21
Purchase Returns and Allowances 3,214.29
Gas and Oil 500.00
Salaries Expense 53,000.00
Supplies Expense 313.35
Repairs and Maintenance Expense 1,000.00
Totals 421,284.39 421,284.39
Accounts Balance Sheet
Debits Credits
Cash in Bank 26,485.00
Petty Cash Fund 94.65
Accounts Receivable 28,965.00
Furniture and Equipment 71,620.00
Accumulated Depreciation - Furniture and Equipment 1,482.75
Delivery Equipment 90,000.00
Accumulated Depreciation - Delivery Equipment 4,000.00
Deposit For Rent 10,000.00
Deposit for Utilities 2,000.00
Accounts Payable 36,900.00
Notes Payable 15,120.00
SS and EC Premiums Payable 5,582.00
MCR Premiums Payable 1,325.00
Pag-IBIG Premiums Payable 1,000.00
Withholding Tax Payable 2,703.90
Mabuhay, Capital 223,908.91
Prepaid Supplies 250.00
Cash on Hand 3,847.50
Rent Payable 10,000.00
Utilities Payable 1,500.00
VAT Payable 1,388.39
Interest Payable 151.20
Merchandise Inventory, End 71,800.00
BALANCES 305,062.15 305,062.15
Accounts Unadjusted Trial Balance Adjustments
Debits Credits Debits
Cash in Bank 31,032.50
Petty Cash Fund 2,000.00
Accounts Receivable 28,965.00
Merchandise Inventory, Beginning 57,790.00
Furniture and Equipment 71,620.00
Accumulated Depreciation - Furniture and Equipment 612.50
Delivery Equipment 90,000.00
Accumulated Depreciation - Delivery Equipment 2,667.00
Deposit For Rent 10,000.00
Deposit for Utilities 2,000.00
Accounts Payable 36,900.00
Notes Payable 15,120.00
SS and EC Premiums Payable 1,786.60
MCR Premiums Payable 662.50
Pag-IBIG Premiums Payable 500.00
Withholding Tax Payable 2,703.90
Input Tax 7,322.78
Output Tax 8,711.17 8,711.17
Mabuhay, Capital 274,510.00
Mabuhay, Personal 200.00
Sales 73,848.22
Sales Discount 1,255.04
Purchases 64,285.72
Purchase Discount 48.21
Purchase Returns and Allowances 3,214.29
Gas and Oil 500.00 350.00
Salaries Expense 53,000.00
Supplies Expense 313.35 58.00
Repairs and Maintenance Expense 1,000.00 1,247.35
Totals 421,284.39 421,284.39
274,510.00 274,510.00
200.00 200.00
73,848.22
1,255.04 1,255.04
64,285.72 64,285.72
48.21
3,214.29
850.00 850.00
53,000.00 53,000.00
371.35 371.35
2,247.35 2,247.35
3,795.40 3,795.40
662.50 662.50
500.00 500.00
10,000.00 10,000.00
1,500.00 1,500.00
870.25 870.25
1,333.00 1,333.00
250.00 250.00
700.00 700.00
3,847.50 3,847.50
151.20 151.20
10,000.00 10,000.00 10,000.00
1,500.00 1,500.00 1,500.00
1,388.39 1,388.39 1,388.39
151.20 151.20 151.20
71,800.00 71,800.00
71,800.00 71,800.00
105,776.37 504,573.96 504,573.96 305,262.15 355,663.24 199,311.81
50,401.09
355,663.24 355,663.24 199,311.81
Income Statement
Credits
73,848.22
48.21
3,214.29
71,800.00
148,910.72
50,401.09
199,311.81
ALFRESCO MARKETING Co.
STATEMENT OF FINANCIAL POSITION
As of June 30, 2011
ASSETS
Notes
CURRENT ASSETS
Cash and Cash Equivalents 3 30,427.15
Accounts Receivable 4 28,965.00
Merchandise Inventory 5 71,800.00
Prepaid Supplies 250.00
TOTAL CURRENT ASSETS 131,442.15 131,442.15
NONCURRENT ASSETS
Property, Plant and Equipment 6 156,137.25
Other Assets 7 12,000.00
TOTAL NONCURRENT ASSETS 168,137.25 168,137.25
CURRENT LIABILITIES
Accounts Payable 8 36,900.00
Notes Payable 15,120.00
Interest Payable 151.20
SS and EC Premiums Payable 9 5,582.00
MCR Premiums Payable 9 1,325.00
Pag-IBIG Premiums Payable 9 1,000.00
Withholding Taxes Payable 9 2,703.90
VAT Payable 10 1,388.39
Rent Payable 10,000.00
Utilities Payable 1,500.00
TOTAL CURRENT LIABILITIES 75,670.49 75,670.49
Notes
Sales, NET 11 72,593.18
Less: Cost of Goods Sold 12 47,013.22
GROSS PROFIT 25,579.96 25,579.96
Expenses:
Gas and Oil 850.00
Salaries Expense 53,000.00
Supplies Expense 371.35
Repairs and Maintenance Expense 2,247.35
SS and EC Premium Expense 3,795.40
MCR Premium Expense 662.50
PAG-IBIG Premium Expense 500.00
Rent Expense 10,000.00
Utilities Expense 1,500.00
Depreciation Expense 13 2,203.25
Interest Expense 151.20
Bank Charges 700.00
Total Expenses 75,981.05 75,981.05
Bank Name:
Filipinas Bank
ALFRESCO MARKETING
STATEMENT OF ACCOUNTS PAYABLE