DOROTEO M.

VENTIGAN
Asingan, Pangasinan

STATEMENT OF FINANCIAL POSITION

As of December 31, 2020 and 2019
(All Amounts in Philippine Peso)
As of December 31
Notes 2020 2019
ASSETS
Current Assets
Cash 4,5 160,560.66 179,101.30
Accounts receivable-Trade 4,6 38,600.00 12,700.00
Inventories 4,7 572,118.40 502,901.00
Total Current Assets 771,279.06 694,702.30

Noncurrent Assets
Property and Equipment(net) 4,8 4,220,525.00 4,330,925.00
Total Noncurrent Assets 4,220,525.00 4,330,925.00

TOTAL ASSETS 4,991,804.06 5,025,627.30

LIABILITIES AND EQUITY

Current Liabilities
Trade and other payables 4,9 304,410.14 410,479.22
Income tax payable 4 46,578.56 57,429.34
Total Current Liabilities 350,988.70 467,908.56

Non-Current Liabilities - -
Total Non-Current Liabilities - -

TOTAL LIABILITIES 350,988.70 467,908.56

OWNER'S EQUITY
D M Ventigan Capital, beginning 4,557,718.74 4,597,800.58
Net Income 483,096.62 559,918.16
Total 5,040,815.36 5,157,718.74
D M Ventigan, Drawings 400,000.00 600,000.00
D M Ventigan capital, ending 4,640,815.36 4,557,718.74

TOTAL LIABILITIES AND OWNER'S EQUITY 4,991,804.06 5,025,627.30

See accompanying Notes to Financial Statements

DOROTEO M. VENTIGAN
Asingan, Pangasinan

STATEMENT OF INCOME
For the years ending December 31, 2020 and 2019
(All Amounts in Philippine Peso)
Years ended, December 31
Notes 2020 2019

Sales 4,10 1,172,419.00 1,600,926.00

Cost of Sales 4,10 602,418.81 930,061.99
Gross Profit 570,000.19 670,864.01
Other Income 4,10 299,700.00 292,600.00
Total Gross Income 869,700.19 963,464.01

Operating Expenses
Distributive expenses 12 17,600.00 19,110.00
Administrative expenses 11 361,643.57 380,901.85
Other expenses 13 7,360.00 3,534.00
Total Operating expenses 386,603.57 403,545.85
Net Income 483,096.62 559,918.16

See accompanying Notes to Financial Statements

DOROTEO M. VENTIGAN
Asingan, Pangasinan

STATEMENT OF CASH FLOW

For the years ending December 31, 2020 and 2019
(All Amounts in Philippine Peso)
Years ended, December 31
2020 2019
CASH FLOW FROM OPERATING ACTIVITIES
Net income (loss) 483,096.62 559,918.16
Adjustments to reconcile net income
provided by operating activities
Add: (Deduct)
Depreciation/Amortization 110,400.00 110,400.00
Changes in current assets and liabilities
Merchandise Inventory (69,217.40) (67,876.00)
Accounts Receivable (25,900.00) 19,654.00
Trade and other Payables (106,069.08) 309,040.36
Income Tax Payable (10,850.78) 6,287.70
Cash generated from (used for) operation 381,459.36 937,424.22

CASH FLOW FROM INVESTING ACTIVITIES

Purchase/Disposal of Property & equipment - -
Other Noncurrent Assets
Net Cash Provided by (used in) investing activities - -

CASH FLOW FROM FINANCING ACTIVITIES

Payment of Loan - (378,922.74)
Personal drawings (400,000.00) (600,000.00)
Net cash privided by (used in) financing activities (400,000.00) (978,922.74)

Net Change in Cash (18,540.64) (41,498.52)

Cash balance beginning 179,101.30 220,599.82

CASH, END OF YEAR 160,560.66 179,101.30

See accompanying Notes to Financial Statements

Changes Arising from the Transition to PFRS

At June 1, 2008 At May 31, 2009

(Date of Transition) (end of last period presented under previous GAAP)
Effect of Effect of
transition to Previous transition to
Notes Previous GAAP PFRS PFRS GAAP PFRS PFRS
ASSETS
Current Assets
Cash 2,5,31,32 5,102,563 - 5,102,563 4,296,145 - 4,296,145
Trade & Other Receivables 2,6,31,32 49,569,648 - 49,569,648 56,909,486 - 56,909,486
Inventories 2,7,32 10,774,845 - 10,774,845 10,930,059 - 10,930,059
Other Current Assets 2,8,32 4,885,875 - 4,885,875 5,281,001 - 5,281,001
70,332,931 - 70,332,931 77,416,690 77,416,690
Noncurrent Assets -
Property & Equipment 2,9,22,24,26,32 55,255,414 - 55,255,414 57,331,902 - 57,331,902
Other Noncurrent Assets 2,10,32 2,328,568 - 2,328,568 2,148,568 - 2,148,568
57,583,982 57,583,982 59,480,470 59,480,470
TOTAL ASSETS 127,916,913 - 127,916,913 136,897,161 - 136,897,161
LIABILITIES & EQUITY
Current Liabilities
Trade & Other Payables 2,11,31,32 53,483,413 - 53,483,413 19,572,520 - 19,572,520
Other Current Liabilities 2,12,29,32 49,874 - 49,874 49,874 - 49,874
Loans Payable 2,13,31,32 - - - 4,812,500 - 4,812,500
53,533,287 - 53,533,287 24,434,894 - 24,434,894
Noncurrent Liabilities
Accounts Payable-Others 2,14,32 - - 10,634,105 - 10,634,105
Miscellaneous Deposits 2,14,32 - - 12,871,451 - 12,871,451
23,505,556 23,505,556

Fund Balance -
Contributed Capital 2,15,32 1,200,000 - 1,200,000 1,200,000 - 1,200,000
Donated Surplus 2,16,32 30,923,481 - 30,923,481 30,968,631 - 30,968,631
Cumulative Fund 2,17,18,32 42,260,144 - 42,260,144 56,788,080 - 56,788,080
74,383,626 - 74,383,626 88,956,711 - 88,956,711
TOTAL LIABILITIES & EQUITY 127,916,913 127,916,913 136,897,161 - 136,897,161

At May 31, 2009

(end of last period presented under previous GAAP)

Effect of
Previous transition to
Notes GAAP PFRS PFRS
REVENUES 4,10 #REF! - #REF!
Cost of Sales and Services 4,10 #REF! - #REF!
Gross Profit #REF! - #REF!
Other Income 0 #REF! - #REF!
Gross Income #REF! - #REF!
Administrative Expenses #NAME? #REF! - #REF!
Distribution Cost 2,27,33 #REF! - #REF!
Finance Cost 2,31,33 #REF! - #REF!
Total #REF! #REF!

EXCESS OF REVENUES OVER EXPENSES #REF! - #REF!

 Page 5 of 32

DOROTEO M. VENTIGAN
Notes to Financial Statements
As of December 31, 2020

1. GENERAL INFORMATION
The entity was organized under the laws of the Republic of the Philippines and duly registed with

the Department of Trade and Industry as Ventigan Apartment, owned and managed by Doroteo M.

Ventigan. The company is engaged in residential space rental and merchandising.

The registered office address which is also the principal place of business is located at Poblacion
East, Asingan, Pangasinan.

2. STATUS OF OPERATION
The accompanying financial statements have been prepared on a going concern basis, which

contemplate the realization of assets and settlement of liabilities in the normal course of business.

3. BASIS OF PREPARATION
Statement of Compliance
The accompanying financial statements have been prepared in accordance with Philippine
Financial Reporting Standards (PFRS) for Small Entities (SE’s) issued by the Philippine Financial
Reporting Standards Council.

Basis of Measurement
The financial statements of the Company have been prepared on historical cost basis and they are

presented in Philippine Peso, which is the Company’s functional and presentation currency.

4. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The principal accounting policies applied in the preparation of these financial statements are set
out below. These policies have been consistently applied to all the years presented, unless
otherwise stated.

Cash
Cash includes petty cash fund and cash in bank that are unrestricted and available for current
operations. This is stated in the statement of financial position at face amount.

Accounts Receivable-Trade
Trade receivables, which are based on normal credit terms and do not bear interest, are recognized
and carried at original invoice amounts. Where credit is extended beyond normal credit terms,
receivables are measured at amortized cost using the effective interest method. at the end of each
reporting period, the carrying amounts of trade are reviewed to determine whether there is any
objective evidence that the amounts are not recoverable. If so, an impairment loss is recognized
immediately in profit or loss.
Inventory
Inventories are assets which are held for sale in the ordinary course of business, in the process of
production for such sale or in the form of materials or supplies to be consumed in the production
process or in the rendering of services.
 Page 6 of 32

Property and Equipment

Property and equipment are initially measured at its cost and subsequently measured at cost less

any accumulated depreciation/amortization and any accumulated impairment losses.

The initial cost of property and equipment comprises of its purchase price and any costs directly
attributable to bringing the asset to the location and condition necessary for it to be capable of
operating in the manner intended by management.

A part of some items of property and equipment may require replacement at regular interval. The
entity decides not to add to the carrying amount of an item of property and equipment the cost of
replacing part of such an item when that cost is incurred if the replacement part is expected not to
provide incremental future benefits to the entity.

The entity derecognises an item of property and equipment on disposal, or when no future
economic benefits are expected from its use or disposal. The entity recognises the gain or loss on
derecognition of an item of property and equipment in profit or loss when the item is derecognised.
The entity not classifies such gains as revenue. The entity determines the gain or loss arising from
derecognition of an item of property and equipment as the difference between the net disposal
proceeds, if any, and the carrying amount of the item.

The Company assesses as at reporting date whether there is an indication that an asset may be
impaired. If any such indication exists, or when annual impairment testing for an asset is required,
the Company makes an estimate of the asset’s recoverable amount. An asset’s recoverable amount
is calculated as the higher of the asset’s or cash-generating unit’s fair value less costs to sell and its
value in use or its net selling price and is determined for an individual asset, unless the asset does
not generate cash inflows that are largely independent of those assets or groups of assets. Where
the carrying amount of an asset exceeds it recoverable amount, the asset is considered impaired
and is written down to its recoverable amount. In assessing value in use, the estimated future cash
flows are discounted to their present value using a pre-tax discount rate that reflects current
market assessment of the time value of money and the risks specific to the asset. Impairment losses
are recognized in the statements of income in those expense categories consistent with the function
of the impaired asset.

An assessment is made at each reporting date as to whether there is an indication that previously
recognized impairment losses may no longer exist or may have decreased. If such indication exists,
the recoverable amount is estimated. A previously recognized impairment loss is reversed only if
there has been a change in the estimates used to determine the asset’s recoverable amount since
the last impairment loss was recognized. If that is the case, the carrying amount of the asset is
increased to its recoverable amount. That increased amount cannot exceed the carrying amount
that would have been determined, net of depreciation and amortization, had no impairment loss
been recognized for the asset in prior years. Such reversal is recognized in the statements of
income unless the asset is carried at revalued amount, in which case the reversal is treated as
revaluation increase. After such a reversal, the depreciation charge is adjusted in future periods to
allocate the asset’s revised carrying amount, less any residual value, on a systematic basis over its
remaining useful life.
 Page 7 of 32

Trade and Other Payables

Trade payables pertain to accounts payable and other payables pertain to accruals. Trade and other
payables are initially measured at an invoice cost and subsequently measured at undiscounted
amount of cash or other considerations expected to be paid.
Other payables include payables for government contributions such as VAT and withholding tax
payable for Bureau of Internal revenue (BIR); SSS premium payable for Social Security System
(SSS) and HDMF loan payable and premium payable for Home Development Mutual fund (HDMF).
These are measured at their transaction cost.
Owner's Equity
Equity account pertains to the investment by the owner, plus additions to those investments
earned through profitable operations minus reductions to owner's investments as a result of
personal withdrawal by the owner.
Revenue recognition
Revenue is recognized when it is probable that the economic benefits associated with the

transaction will flow to the Company and the amount of the revenue can be measured reliably.
Revenue is measured at the fair value of the consideration received or receivable and represents
amounts receivable for goods in the normal course of business.
Cost and expense recognition
Expenses are decreases in economic benefits in the form of decreases in assets or incurrence of
liabilities that result in decreases in equity. Expenses are generally recognized when the services
are received or when the expenses are incurred.
Employee Benefits
Employee Benefits represents:
Short-term benefits
Short-term benefits given by the Company to its employees include salaries and wages, 13th month
pay, employer share contributions.
Income tax
Income tax expense includes current tax expense. The current tax expense is based on taxable
profit for the year.

5. CASH

Cash consists of petty cash fund and cash deposited in local banks. These items are set aside for
current purposes and measure at face value.
2020 2019
Petty cash fund 20,000.00 20,000.00
Cash in bank 140,560.66 159,101.30
Total 160,560.66 179,101.30

6. ACCOUNTS RECEIVABLE
This account consists of:
2020 2019
Accounts Receivable 38,600.00 12,700.00
 Page 8 of 32

Total 38,600.00 12,700.00

7. INVENTORY
This account consists of:
2020 2019
Merchandise inventory for Sale 572,118.40 502,901.00
Total 572,118.40 502,901.00

8. PROPERTY AND EQUIPMENT

Property and Equipment consist of the following:

December 31, Retirement / December 31,
Cost 2019 Addition (Disposal) 2020
Land 1,200,000.00 - - 1,200,000.00
Apartment-Pob. Asingan 1,500,000.00 - - 1,500,000.00
Residential-Aruego (Store) 800,000.00 - - 800,000.00
Furnitures and Fixtures 670,000.00 - - 670,000.00
Service Vehicle 1,548,658.00 - - 1,548,658.00
5,718,658.00 - - 5,718,658.00

Less: Accumulated. Depreciation

Apartment-Pob. Asingan 580,000.00 30,000.00 610,000.00
Residential-Aruego (Store) 200,600.00 16,000.00 216,600.00
Furnitures and Fixtures 424,000.00 33,500.00 457,500.00
Service Vehicle 183,133.00 30,900.00 - 214,033.00
1,387,733.00 110,400.00 - 1,498,133.00
Carrying Value 4,330,925.00 4,220,525.00

Depreciation Expense 2020

Apartment-Pob. Asingan 30,000.00
Residential-Aruego (Store) 16,000.00
Furnitures and Fixtures 33,500.00
Service Vehicle 30,900.00
Total 110,400.00

Depreciation is computed on a straight line method over the estimated useful life of the assets.

9. TRADE AND OTHER PAYABLES

This account represents the following:
2020 2019
Accounts payable - Trade 285,000.00 390,000.00
Percentage tax payable 13,277.40 15,533.22
Accrued expenses 6,132.74 4,946.00
Total 304,410.14 410,479.22

Trade and other payables are initially recorded at transaction price and subsequently measured at
their costs less settlement payments.
 Page 9 of 32

10. REVENUE AND COST RECOGNITION

2020 2019
Sales from merchandise 1,172,419.00 1,600,926.00
Other Income-Rent of Residential Space 299,700.00 292,600.00
Total 1,472,119.00 1,893,526.00

Cost of Sales 2020 2019

Inventory beg. 502,901.00 435,025.00
Purchases 671,636.21 997,937.99
Total GAFS 1,174,537.21 1,432,962.99
Inventory, end 572,118.40 502,901.00
Cost of Sales 602,418.81 930,061.99

11. ADMINISTRATIVE EXPENSES

2020 2019
Taxes & Licenses 136,129.25 130,477.21
Communication, Light and Water 66,400.67 93,510.99
Professional Fees 15,600.00 15,600.00
Store Supplies 33,113.65 30,913.65
Depreciation 110,400.00 110,400.00
Total 361,643.57 380,901.85
Administrative expense are recognized in the statement of income on the date they are incurred.

12. DISTRIBUTIVE COST

2020 2019
Repairs and Maintenance-Labor & Materials 14,300.00 15,150.00
Fuel and Oil 3,300.00 3,960.00
Total 17,600.00 19,110.00

13. OTHER EXPENSES

2020 2019
Miscellaneous Expenses 7,360.00 3,534.00
Total 7,360.00 3,534.00

14. SUPPLEMENTARY TAX INFORMATION UNDER REVENUE REGULATION NO. 15-2010 AND 19-
2011

On November 25, 2010, The Bureau of Internal Revenue (BIR) issued Revenue Regulation (RR) 15-
2010, which required certain information on taxes, duties and license fees paid or accrued during
taxable year to be disclosed as part of the notes to financial statements. This supplemental
information, which is an addition to the disclosures mandated under PFRS for SMEs, is presented as
follows:
 On November 25, 2010, The Bureau of Internal Revenue (BIR) issued Revenue Regulation (RR) 15-
Page 10 of 32
2010, which required certain information on taxes, duties and license fees paid or accrued during
taxable year to be disclosed as part of the notes to financial statements. This supplemental
information, which is an addition to the disclosures mandated under PFRS for SMEs, is presented as
follows:

Taxes and Licenses

This account consists of: 2020 2019
BIR-annual registration fee 1,000.00 1,000.00
Mayor's permit 69,218.00 50,923.75
Real property tax 21,747.68 21,747.68
Percentage tax 44,163.57 56,805.78
Total Taxes and Licenses 136,129.25 130,477.21
 DOROTEO M. VENTIGAN
Asingan, Pangasinan
Statement of Financial Position
As of December 31, 2020
ASSETS 2020 2019
CURRENT ASSETS - -
Cash on hand - -
Petty cash fund 20,000.00 20,000.00
Cash in bank 140,560.66 159,101.30
Accounts Receivable 38,600.00 12,700.00
Merchandise inventory 572,118.40 502,901.00
Total 771,279.06 694,702.30
NON-CURRENT ASSETS
Land 1,200,000.00 1,200,000.00
Apartment-Pob. Asingan 920,000.00 950,000.00
Residential-Aruego (Store) 599,400.00 615,400.00
Furnitures and Fixtures 246,000.00 279,500.00
Service Vehicle 1,365,525.00 1,396,425.00
Total 4,330,925.00 4,441,325.00
Less: Accumulated depreciation 110,400.00 110,400.00
Carrying value 4,220,525.00 4,330,925.00
TOTAL ASSETS 4,991,804.06 5,025,627.30
LIABILITIES AND CAPITAL
LIABILITIES
Interest payable
Accounts payable trade 285,000.00 390,000.00
VAT payable - -
Percentage tax payable 13,277.40 15,533.22
Accrued expenses 6,132.74 4,946.00
304,410.14 410,479.22

Income yax payable 46,578.56 57,429.34

Loans payable - -
 CAPITAL
Beginning capital 4,557,718.74 4,597,800.58
Net income 483,096.62 559,918.16
Total 5,040,815.36 5,157,718.74
Drawing 400,000.00 600,000.00
Ending capital 4,640,815.36 4,557,718.74
Total 9,198,534.10 9,155,519.32
Prior period adjustments
TOTAL LIABILITIES AND CAPITAL 4,991,804.06 5,025,627.30
Statement of Financial Performance
For the year December 31, 2020
REVENUE 1,172,419.00 1,600,926.00
LESS: COST OF SALES
Merchandise Inventory, beg. 502,901.00 435,025.00
Purchases 671,636.21 997,937.99
Total Goods Available for Sales 1,174,537.21 1,432,962.99
Merchandise Inventory, end 572,118.40 502,901.00
Total 602,418.81 930,061.99
GROSS PROFIT 570,000.19 670,864.01
OTHER INCOME 299,700.00 292,600.00
TOTAL INCOME 869,700.19 963,464.01
LESS: ADMINISTRATIVE EXPENSES: 0.49 0.42
Salaries & 13th month - -
Professional fees 15,600.00 15,600.00
Other services - -
Interest expense - -
Insurance - -
Repairs and maintenance-labor/materials 14,300.00 15,150.00
Repairs and maintenance -
Rent Expense - -
Repesentation expense - -
Fuel and oil 3,300.00 3,960.00
Loss due to roberry - -
Transportation and travel - -
 Communication, light and water 66,400.67 93,510.99
Supplies 33,113.65 30,913.65
Taxes and licenses 136,129.25 130,477.21
Depreciation 110,400.00 110,400.00
SSS, Pag-ibig & Philhealth - -
Miscellaneous expense 7,360.00 3,534.00
TOTAL OPERATING EXPENSES 386,603.57 403,545.85
PROFIT 483,096.62 559,918.16
Less: Provision for income tax 0% - -
NET INCOME 483,096.62 559,918.16
Statement of Cash Flows
As of December 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES: 2020 2019
Net income 483,096.62 559,918.16
Adjfor:Depreciation 110,400.00 110,400.00
(Increase) Decrease in inventories (69,217.40) (67,876.00)
(Increase) Decrease in accounts receivable (25,900.00) 19,654.00
Increase (Decrease) in income tax payable (10,850.78) 6,287.70
Increase(Decrease) in trade and other payable (106,069.08) 309,040.36
CASH GENERATED FROM OPERATION 381,459.36 937,424.22
CASH FLOW FROM INVESTING ACTIVITIES - -
Purchase/Disposal of Property & equipment
CASH GENERATED FROM INVESTING - -
CASH FLOW FROM FINANCING ACTIVITIES
 Disposal of property - -
Pyment for vehicle - -
Payment for loan - (378,922.74)
Personal Drawing (400,000.00) (600,000.00)
CASH GENERATED FROM FINANCING (400,000.00) (978,922.74)
NET INCREASE IN CASH (18,540.64) (41,498.52)
CASH, BEG. 179,101.30 220,599.82
CASH, ENDING BALANCE 160,560.66 179,101.30

Schedule of Taxes and Licenses

 Particulars Amount Amount
BIR-annual registration fee 1,000.00 1,000.00
BIR-certification & doc stamp
Mayor's permit 69,218.00 50,923.75
Percentage tax 44,163.57 56,805.78
Real Property Tax 21,747.68 21,747.68
Total 136,129.25 130,477.21

Schedule of Depreciation
PPE - -
Land 1,200,000.00 1,200,000.00
Apartment-Pob. Asingan 920,000.00 950,000.00
Residential-Aruego (Store) - 599,400.00 615,400.00
Furnitures and Fixtures - 246,000.00 279,500.00
Service Vehicle - 1,365,525.00 1,396,425.00
- 4,330,925.00 4,441,325.00
DOROTEO M. VENTIGAN
CASH RECEIPTS
FOR THE YEAR 2020

MONTH SALES
INVOICE
JANUARY NUMBERS GROSS NET VAT

31 120,335.04 107,442.00 12,893.04

-
Totals - 120,335.04 107,442.00 12,893.04
DISTRIBUTION
MONTH COST SALES

INVOICE
FEBRUARY NUMBERS GROSS NET VAT
29 106,956.64 95,497.00 12,834.80
-
Totals - 106,956.64 95,497.00 12,834.80
DISTRIBUTION
MONTH COST SALES
INVOICE
MARCH NUMBERS GROSS NET VAT
31 74,973.92 66,941.00 8,996.87
Adj. 53,314.40
Totals - 128,288.32 66,941.00 8,996.87
DISTRIBUTION
MONTH COST SALES
INVOICE
APRIL NUMBERS GROSS NET VAT
30 NO TRANSACTION -
-
Totals - - - -
DISTRIBUTION
MONTH COST SALES
INVOICE
MAY NUMBERS GROSS NET VAT
31 60,984.00 54,450.00 7,318.08
-
Totals - 60,984.00 54,450.00 7,318.08
DISTRIBUTION
MONTH COST SALES
INVOICE
JUNE NUMBERS GROSS NET VAT
30 143,680.32 128,286.00 17,241.64
Adj 52,771.68
Totals - 196,452.00 128,286.00 17,241.64
DISTRIBUTION
MONTH COST SALES
 INVOICE
JULY NUMBERS GROSS NET VAT
31 137,763.36 123,003.00 16,531.60
-
Totals - 137,763.36 123,003.00 16,531.60
DISTRIBUTION
MONTH COST SALES
INVOICE
AUGUST NUMBERS GROSS NET VAT
31 123,754.40 110,495.00 14,850.53
-
Totals - 123,754.40 110,495.00 14,850.53
DISTRIBUTION
MONTH COST SALES
INVOICE
SEPTEMBER NUMBERS GROSS NET VAT
30 128,940.00 115,125.00 15,472.80
Adj. 26,065.24
Totals - 155,005.24 115,125.00 15,472.80
DISTRIBUTION
MONTH COST SALES
INVOICE
OCTOBER NUMBERS GROSS NET VAT
31 116,994.08 104,459.00 14,039.29
-
Totals - 116,994.08 104,459.00 14,039.29
DISTRIBUTION
MONTH COST SALES
INVOICE
NOVEMBER NUMBERS GROSS NET VAT
30 121,467.36 108,453.00 13,014.36
- -
Totals - 121,467.36 108,453.00 13,014.36
DISTRIBUTION
MONTH COST SALES
INVOICE
DECEMBER NUMBERS GROSS NET VAT
31 177,260.16 158,268.00 18,992.16
Adj. 26,858.40
Totals - 204,118.56 158,268.00 18,992.16

SUMMARY INVOICE
NUMBERS GROSS NET VAT
SALES 1,472,119.00 1,172,419.00 152,185.17
TOTAL
TOTAL LESS VAT

107,442.00
-
107,442.00

TOTAL LESS VAT

95,497.00
-
95,497.00

TOTAL LESS VAT

66,941.00
-
66,941.00

TOTAL LESS VAT

-
-
-

TOTAL LESS VAT

54,450.00
-
54,450.00

TOTAL LESS VAT

128,286.00
-
128,286.00

TOTAL LESS VAT

 123,003.00
-
123,003.00

TOTAL LESS VAT

110,495.00
-
110,495.00

TOTAL LESS VAT

115,125.00
-
115,125.00

TOTAL LESS VAT

104,459.00
-
104,459.00

TOTAL LESS VAT

108,453.00
- SALES SUMMARY
108,453.00 GROSS NET
Per Month Per QTR Per Month
TOTAL LESS VAT JAN 120,335.04 107,442.00

FEB 106,956.64 95,497.00

158,268.00 MAR 128,288.32 355,580.00 66,941.00
- APR - -
158,268.00 MAY 60,984.00 54,450.00
JUNE 196,452.00 257,436.00 128,286.00
JULY 137,763.36 123,003.00

TOTAL LESS VAT AUG 123,754.40 110,495.00

1,172,419.00 SEPT 155,005.24 416,523.00 115,125.00
1,172,419.00 OCT 116,994.08 104,459.00
NOV 121,467.36 108,453.00
DEC 204,118.56 442,580.00 158,268.00
1,472,119.00 1,472,119.00 1,172,419.00
Per QTR

269,880.00

182,736.00

348,623.00

371,180.00
1,172,419.00
DOROTEO M. VENTIGAN
PURCHASES
FOR THE YEAR 2020

MONTH PURCHASES
INVOICE
JANUARY
NUMBERS EXEMPTED VAT NON VAT INPUT VAT

31 NO TRANSACTION -
-
Totals - - - - -

MONTH PURCHASES

INVOICE
FEBRUARY NUMBERS EXEMPTED VAT NON VAT INPUT VAT
29 NO TRANSACTION -
-
Totals - - - - -

MONTH PURCHASES
INVOICE
MARCH NUMBERS EXEMPTED VAT NON VAT INPUT VAT
31 84,862.91 -
-
Totals - 84,862.91 - - -

MONTH INVOICE PURCHASES

APRIL NUMBERS EXEMPTED VAT NON VAT INPUT VAT
30 NO TRANSACTION -
-
Totals - - - - -

MONTH PURCHASES
INVOICE
MAY NUMBERS EXEMPTED VAT NON VAT INPUT VAT
31 41,545.97 -
-
Totals - 41,545.97 - - -

MONTH PURCHASES
INVOICE
JUNE NUMBERS EXEMPTED VAT NON VAT INPUT VAT
30 78,735.96 -
-
Totals - 78,735.96 - - -

MONTH INVOICE PURCHASES

JULY NUMBERS EXEMPTED VAT NON VAT INPUT VAT
 31 68,999.87 -
-
Totals - 68,999.87 - - -

MONTH INVOICE PURCHASES

AUGUST NUMBERS EXEMPTED VAT NON VAT INPUT VAT
31 134,587.26 -
-
Totals - 134,587.26 - - -

MONTH PURCHASES
INVOICE
SEPTEMBER NUMBERS EXEMPTED VAT NON VAT INPUT VAT
30 115,960.75 -
-
Totals - 115,960.75 - - -

MONTH PURCHASES
INVOICE
OCTOBER NUMBERS EXEMPTED VAT NON VAT INPUT VAT
31 NO TRANSACTION -
-
Totals - - - - -

MONTH PURCHASES
INVOICE
NOVEMBER NUMBERS EXEMPTED VAT NON VAT INPUT VAT
30 NO TRANSACTION -
-
Totals - - - - -

MONTH PURCHASES
INVOICE
DECEMBER NUMBERS EXEMPTED VAT NON VAT INPUT VAT
31 146,943.49 -
-
Totals - 146,943.49 - - -

SUMMARY INVOICE
NUMBERS EXEMPTED VAT NON VAT INPUT VAT
SALES 671,636.21 - - -
TOTAL
TOTAL

-
-
-

TOTAL

-
-
-

TOTAL

84,862.91
-
84,862.91

TOTAL

-
-
-

TOTAL

41,545.97
-
41,545.97

TOTAL

78,735.96
-
78,735.96

TOTAL
 68,999.87
-
68,999.87

TOTAL

134,587.26
-
134,587.26

TOTAL

115,960.75
-
115,960.75

TOTAL

-
-
-

TOTAL

-
-
-

TOTAL

146,943.49
-
146,943.49

TOTAL
671,636.21
671,636.21