JM MINI PIZZA

WORKSHEET
FOR THE YEAR ENDED 2021
99059.81
TRIAL BALANCE ADJUSTMENT ADJUSTED TRIAL BALANCE INCOME STATEMENT BALANCE SHEET
DR CR DR CR DR CR DR CR DR CR
Cash 278,077.18 142,043.72 81,803.40 338,317.50 338,317.50
Petty Cash fund 5,000.00 5,000.00 5,000.00
Utility Equipment 549 549 549
Supplies, Inventory 57,061.00 57,061.00 57,061.00
Building 120,000.00 120,000.00 120,000.00
Accu. Depr'n - Building 12,000.00 12,000.00 12,000.00
Furnitures and Fixtures 6,760.00 6,760.00 6,760.00
Accu. Depr'n - Furnitures and Fixtures 919.00 919.00 919.00
Kitchen Equipment 26,200.00 26,200.00 26,200.00
Accu. Depr'n - Kitchen Equipment 3,350.00 3,350.00 3,350.00
Kitchen Utensils 5,797.00 5,797.00 5,797.00
Accu. Depr'n - Kitchen Utensils 803.00 803.00 803.00
Store equipment and Utensils 7,820.00 7,820.00 7,820.00
Accu. Depr'n - Furnitures and Fixtures 1,041.00 1,041.00 1,041.00
Delivery Equipment 35,000 35,000 35,000
Accu. Depr'n -Delivery Equipment 2,333.33 2,333.33 2,333.33
Office Equipment 13,969.00 13,969.00 13,969.00
Accu. Depr'n - Office Equipment 1,808.34 1,808.34 1,808.34
SSS Payable 9,481.56 9,481.56 9,481.56
Phil. Health Payable 8,400.00 8,400.00 8,400.00
Pag- Ibig Payable 5,088.96 5,088.96 5,088.96
Tax Payable 77,305.58 8,983.00 86,288.58 86,288.58
Rica Jane's Capital 85,000.00 85,000.00 85,000.00
Jeanly's Capital 85,000.00 85,000.00 85,000.00
Marrielle'sCapital 85,000.00 85,000.00 85,000.00
Wilson's Capital 85,000.00 85,000.00 85,000.00
Sales 1,330,607.20 133,060.72 1,463,667.92 1,463,667.92
Consignment 104,372.00 104,372.00 104,372.00
Purchases 570,610.00 57,061.00 627,671.00 627,671.00
Freight-in 11,412.02 1,141.40 12,553.42 12,553.42
Depreciation Expense-Building 12,000.00 12,000.00 12,000.00
Depreciation Expense-Furnitures and Fixtures 919.00 919.00 919.00
Depreciation Expense-Kitchen Equipment 3,350.00 3,350.00 3,350.00
Depreciation Expense-Kitchen Utensils 803.00 803.00 803
Depreciation Expense-Store Equipment & Utensils 1,041.00 1,041.00 1,041.00
Depreciation Expense-Delivery Equipment 2,333.33 2,333.33 2,333.33
Depreciation Expense-Office Equipment 1,808.34 1,808.34 1,808.34
Supplies 90,520.00 90,520.00 90,520.00
Salaries& Wages 267,840.00 13392 281232 281232
Employees Benefits(13th month pay) 22,320.00 1,116.00 23,436.00 23,436.00
SSS 9,481.56 9,481.56 9,481.56
PHILHEALTH 8,400.00 8,400.00 8400
PAG-IBIG 5,088.96 5,088.96 5,088.96
Water Bill 6,000.00 6,000.00 6,000.00
Electric Bill 24,000.00 24,000.00 24,000.00
Rent Expense 9600 9600 9600
Advertisement Expense 1,000.00 1,000.00 1,000.00
Notary 200.00 200.00 200.00
Training and Orientation 1,000.00 1,000.00 1,000.00
Permits & Licenses Expense 5,500.00 110.00 5,610.00 5,610.00
Tax Expense(12%) : 77,305.58 8,983.00 86,288.58 86,288.58
Total 1,793,137.97 1,793,137.97 223,847.12 223,847.12 1,935,181.69 1,935,181.69 1,316,508.19 1,463,667.92 618,673.50 471,513.77
Net Income 147,159.73 147,159.73
1,463,667.92 1,463,667.92 618,673.50 618,673.50
 SULIT PASTEL
INCOME STATEMENT

2024 2025 2026 2027 2028

REVENUES:

Sales 1,330,607.20 1,463,667.92 1,610,034.71 1,771,038.18 1,948,142.00

Add: Consignment 104,372.00 104,372.00 104,372.00 104,372.00 104,372.00
Purchases 570,610.00 627,671.00 690,438.10 759,481.91 835,430.10
Freight-in 11,412.02 686,394.02 12,553.42 744,596.42 13,808.76 808,618.86 15,189.64 879,043.55 16,708.60 956,510.70
Net Sales 644,213.18 719,071.50 801,415.85 891,994.63 991,631.30

Less: Operating Expenses:

Depreciation Expense-Building 12,000.00 12,000.00 12,000.00 12,000.00 12,000.00
Depreciation Expense-Furnitures and Fixtures 919.00 919.00 919.00 919.00 919.00
Depreciation Expense-Kitchen Equipment 3,350.00 3,350.00 3,350.00 3,350.00 3,350.00
Depreciation Expense-Kitchen Utensils 803.00 803.00 803.00 803.00 803.00
Depreciation Expense-Store Equipment & Utensils 1,041.00 1,041.00 1,041.00 1,041.00 1,041.00
Depreciation Expense-Delivery Equipment 2,333.33 2,333.33 2,333.33 2,333.33 2,333.33
Depreciation Expense-Office Equipment 1,808.34 1,808.34 1,808.34 1,808.34 1,808.34
Supplies 90,520.00 90,520.00 90,520.00 90,520.00 90,520.00
Salaries& Wages 267,840.00 281,232.00 295,284.00 310,058.40 325,561.32
Employees Benefits(13th month pay) 22,320.00 23,436.00 24,607.80 25,838.20 27,130.11
SSS 9,481.56 9,481.56 9,481.56 9,481.56 9,481.56
PHILHEALTH 8,400.00 8,400.00 8,400.00 8,400.00 8,400.00
PAG-IBIG 5,088.96 5,088.96 5,088.96 5,088.96 5,088.96
Water Bill 6,000.00 6,000.00 6,000.00 6,000.00 6,000.00
Electric Bill 24,000.00 24,000.00 24,000.00 24,000.00 24,000.00
Rent Expense 9,600.00 9,600.00 9,600.00 9,600.00 9,600.00
Advertisement Expense 1,000.00
Notary 200.00
Training and Orientation 1,000.00
Permits & Licenses Expense 5,500.00 5,610.00 5,722.20 5,836.64 5,953.37
Tax Expense(12%) : 77,305.58 - 86,288.58 - 96,169.90 - 107,039.36 - 118,995.76 -
Total Expenses: 550,510.77 571,911.77 597,129.09 624,117.79 652,985.75
Net Income: 93,702.41 147,159.73 204,286.76 267,876.84 338,645.55
Income Per Partner : 23,425.60 38,989.72 53,175.77 68,973.03 89,389.00
 PAYROLL SHEET
YEAR 2024

POSITION MONTHLY EARNINGS YEARLY EARNINGS 13TH MONTH PAY GROSS EARNINGS INSURANCE TOTAL NET EARNINGS
EMPLOYER EMPLOYEE
MANAGER/CASHIER (PROPONENT1) 6,320.00 75,840.00 6,320.00 82,160.00 6,225.72 6,225.72 75,934.28
COOK/MARKETER (PROPONENT2) 6,000.00 72,000.00 6,000.00 78,000.00 6,016.80 6,016.80 71,983.20
SERVER/UTILITY (PROPONENT3) 5,000.00 60,000.00 5,000.00 65,000.00 5,364.00 5,364.00 59,636.00
SERVER/DELIVERY (PROPONENT4) 5,000.00 60,000.00 5,000.00 65,000.00 5,364.00 5,364.00 59,636.00
Total 22,320.00 267,840.00 22,320.00 290,160.00 22,970.52 22,970.52 267,189.48

PAYROLL SHEET
YEAR 2025

POSITION MONTHLY EARNINGS YEARLY EARNINGS 13TH MONTH PAY GROSS EARNINGS INSURANCE TOTAL NET EARNINGS
EMPLOYER EMPLOYEE
MANAGER/CASHIER (PROPONENT1) 6,636.00 79,632.00 6,636.00 86,268.00 6,225.72 6,225.72 80,042.28
COOK/MARKETER (PROPONENT2) 6,300.00 75,600.00 6,300.00 81,900.00 6,016.80 6,016.80 75,883.20
SERVER/UTILITY (PROPONENT3) 5,250.00 63,000.00 5,250.00 68,250.00 5,364.00 5,364.00 56,886.00
SERVER/DELIVERY (PROPONENT4) 5,250.00 63,000.00 5,250.00 68,250.00 5,364.00 5,364.00 56,886.00
Total 23,436.00 281,232.00 23,436.00 304,668.00 22,970.52 22,970.52 269,697.48

PAYROLL SHEET
YEAR 2026

POSITION MONTHLY EARNINGS YEARLY EARNINGS 13TH MONTH PAY GROSS EARNINGS INSURANCE TOTAL NET EARNINGS
EMPLOYER EMPLOYEE
MANAGER/CASHIER (PROPONENT1) 6,967.80 83,604.00 6,967.80 90,571.80 6,225.72 6,225.72 84,346.08
COOK/MARKETER (PROPONENT2) 6,615.00 79,380.00 6,615.00 85,995.00 6,016.80 6,016.80 79,978.20
SERVER/UTILITY (PROPONENT3) 5,512.50 66,150.00 5,512.50 71,662.50 5,364.00 5,364.00 66,298.50
SERVER/DELIVERY (PROPONENT4) 5,512.50 66,150.00 5,512.50 71,662.50 5,364.00 5,364.00 66,298.50
Total 24,607.80 295,284.00 24,607.80 319,891.80 4,933.14 4,933.14 296,921.28

PAYROLL SHEET
YEAR 2027

POSITION MONTHLY EARNINGS YEARLY EARNINGS 13TH MONTH PAY GROSS EARNINGS INSURANCE TOTAL NET EARNINGS
EMPLOYER EMPLOYEE
MANAGER/CASHIER (PROPONENT1) 7,316.19 87,794.28 7,316.19 95,110.47 6,225.72 6,225.72 88,884.75
COOK/MARKETER (PROPONENT2) 6,945.75 83,349.00 6,945.75 90,294.75 6,016.80 6,016.80 84,277.95
SERVER/UTILITY (PROPONENT3) 5,788.13 69,457.56 5,788.13 75,245.69 5,364.00 5,364.00 69,881.69
SERVER/DELIVERY (PROPONENT4) 5,788.13 69,457.56 5,788.13 75,245.69 5,364.00 5,364.00 69,881.69
Total 25,838.20 310,058.40 25,838.20 335,896.60 4,933.14 4,933.14 312,926.08

PAYROLL SHEET
YEAR 2028

POSITION MONTHLY EARNINGS YEARLY EARNINGS 13TH MONTH PAY GROSS EARNINGS INSURANCE TOTAL NET EARNINGS
EMPLOYER EMPLOYEE
MANAGER/CASHIER (PROPONENT1) 7,682.00 92,184.00 7,682.00 99,866.00 6,225.72 6,225.72 93,640.28
COOK/MARKETER (PROPONENT2) 7,293.04 87,516.48 7,293.04 94,809.52 6,016.80 6,016.80 88,792.72
SERVER/UTILITY (PROPONENT3) 6,077.54 72,930.48 6,077.54 79,008.02 5,364.00 5,364.00 73,644.02
SERVER/DELIVERY (PROPONENT4) 6,077.54 72,930.48 6,077.54 79,008.02 5,364.00 5,364.00 73,644.02
Total 27,130.12 325,561.44 27,130.12 352,691.56 4,933.14 4,933.14 329,721.04