Date Account Title Debit Credit 0.

00
Week 1 9/27/2021 Cash in Investment 100,000
Barraga, Capital 100,000

Available-for-sale 23,733.81
Cash in Investment 23,733.81

Available-for-sale 1,232.58
Cash in Investment 1,232.58

Trading Securities 1,210

Transaction Cost 22.58
Cash in Investment 1,232.58

Available-for-sale 10,129.80
Cash in Investment 10,129.80

Trading Securities 1,120

Transaction Cost 22.57
Cash in Investment 1,142.57

Available-for-sale 1,142.57
Cash in Investment 1142.57

Trading Securities 4,320

Transaction Cost 23.05
Cash in Investment 4,343.05

10/1/2021 Available-for-sale 506.19

Unrealized G/L - OCI 506.19

Unrealized G/L - OCI 70.58

Available-for-sale 70.58

Unrealized G/L - P/L 70.58

Trading Securities 70.58

Unrealized G/L - OCI 529.8

Available-for-sale 529.8

Unrealized G/L - P/L 52.57

Trading Securities 52.57

Unrealized G/L - OCI 52.57

Available-for-sale 52.57
Closing Entries Week 1
Unrealized G/L - OCI 506.19
Retained Earnings 506.19

Retained Earnings 70.58

Unrealized G/L - OCI 70.58

Retained Earnings 70.58

Unrealized G/L - P/L 70.58

Retained Earnings 529.8

Unrealized G/L - OCI 529.8

Retained Earnings 52.57

Unrealized G/L - P/L 52.57

Retained Earnings 52.57

Unrealized G/L - OCI 52.57

Retained Earnings 22.57

Transaction Cost 22.57

Retained Earnings 23.05

Transaction Cost 23.05

Retained Earnings 22.58

Transaction Cost 22.58

Week 2 10/6/2021
Cash in Investment 24,165.76
Gain on securities 431.95 Note: Same amount of gain/profit presented
Available-for-sale 23,733.81 Note: Carryung Value is used

10/8/2021 Available-for-sale 100

Unrealized G/L - OCI 100

Trading Securities 100

Unrealized G/L - P/L 100

Unrealized G/L - OCI 1,300

Available-for-sale 1,300
 Unrealized G/L - P/L 70
Trading Securities 70

Unrealized G/L - OCI 70

Available-for-sale 70

Closing Entries Week 2

Unrealized G/L - OCI 100
Retained Earnings 100

Unrealized G/L - P/L 100

Retained Earnings 100

Retained Earnings 1,300

Unrealized G/L - OCI 1,300

Retained Earnings 70
Unrealized G/L - P/L 70

Retained Earnings 70
Unrealized G/L - OCI 70

Gain on securities 431.95

Retained Earnings 431.95

Week3 10/15/2021
Unrealized G/L - OCI 130
Available-for-sale 130

Unrealized G/L - P/L 130

Trading Securities 130

Unrealized G/L - OCI 200

Available-for-sale 200

Unrealized G/L - P/L 20

Trading Securities 20

Unrealized G/L - OCI 20

Available-for-sale 20

Unrealized G/L - P/L 30

Trading Securities 30
Closing Entries Week 3
Retained Earnings 130
Unrealized G/L - OCI 130

Retained Earnings 130

Unrealized G/L - P/L 130

Retained Earnings 200

Unrealized G/L - OCI 200

Retained Earnings 20
Unrealized G/L - P/L 20

Retained Earnings 20
Unrealized G/L - OCI 20

Retained Earnings 30
Unrealized G/L - P/L 30
Same amount of gain/profit presented in Investagrams
Carryung Value is used
 Barraga Company
Week 1
Trial Balance Balance Sheet Income Statement

Account Title Debit Credit Debit Credit Debit

Cash in Investment ₱ 57,043.04 ₱ 57,043.04
Trading Securities 6,526.85 6,526.85
Available-for-sale 36,092.00 36,092.00
Transaction Cost 68.20 68.20
Unrealized G/L - P/L 123.15 123.15
Unrealized G/L - OCI 146.76 146.76
Barraga, Capital 100,000.00 100,000.00
Retained Earnings
Total ₱ 100,000.00 ₱ 100,000.00 99,661.89 100,000.00 338.11
Net income(loss) 338.11
₱ 100,000.00 ₱ 100,000.00 ₱ 338.11
Income Statement

Credit

0.00
338.11
₱ 338.11
 Barraga Company
Statement of Comprehensive Income
For the Period October 1, 2021
Revenue ₱ -
Less: Transaction cost 68.20
Unrealized G/L - P/L 123.15
Unrealized G/L - OCI 146.76
Net income(loss) (338.11)
 Barraga Company
Statement of Changes in Equity
October 1, 2021
Capital Retained Earnings
Capital, beginning ₱ 100,000.00
Net income(loss) 338.11
Capital, ending ₱ 100,000.00 338.11
 Barraga Company
Statement of Financial Position
October 1, 2021
ASSETS
Current Assets
Cash in Investments ₱ 57,043.04
Trading Securities 6,526.85
Total Current Assets 63,569.89

Non-Current Assets
Available-for-sale 36,092.00
Total Non-Current Assets 36,092.00
Total Assets ₱ 99,661.89

LIABILITIES AND SHAREHOLDERS' EQUITY

Barraga, Capital 100,000.00
Less: Retained Earnings 338.11
Total Liabilities and Shareholders' Equity ₱ 99,661.89
 Barraga Company
Statement of Cash Flows
For the Period Ended October 1, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Payment for transaction cost ₱ 68.20
Purchase of trading securities 6,526.85
Net cash provided by (used in) operating activities 6595.05
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of Available-for-sale 36092.00
Sale of Available-for-sale 0.00
Net cash provided by (used in) investing activities 36092.00
CASH FLOWS FROM FINANCING ACTIVITIES
Net Iincrease (decrease) in cash (42,956.96)
Cash balance at the beginning of the period 100,000.00
CASH BALANCE AT THE END OF THE PERIOD ₱ 57,043.04
 Barraga Company
Post-Closing Trial Balance
For the Period October 1, 2021
Account Title Debit Credit
Cash in Investment ₱ 57,043.04
Trading Securities 6,526.85
Available-for-sale 36,092.00
Retained Earnings 338.11
Barraga, Capital 100,000.00
Total ₱ 100,000.00 ₱ 100,000.00
 Barraga Company
Week 2
Unadjusted Trial Balance Adjustments Adjusted TB

Account Title Debit Credit Debit Credit Debit

Cash in Investment ₱ 57,043.04 ₱ 24,165.76 ₱ 81,208.80
Trading Securities 6,526.85 30.00 6,556.85
Available-for-sale 36,092.00 25,003.81 11,088.19
Retained Earnings 338.11 338.11
Barraga, Capital 100,000.00
Total ₱ 100,000.00 ₱ 100,000.00
Unrealized G/L - P/L 30.00
Unrealized G/L - OCI 1,270.00 1,270.00
Gain on Securities 431.95
Total ₱ 25,465.76 ₱ 25,465.76 ₱ 100,461.95
Net income(loss)
pany

Adjusted TB Balance Sheet Income Statement

Credit Debit Credit Debit Credit

₱ 81,208.80
6,556.85
11,088.19
338.11
100,000.00 100,000.00

30.00 30.00
1,270.00
431.95 431.95
₱ 100,461.95 99,191.95 100,000.00 1,270.00 461.95
808.05 808.05
₱ 100,000.00 ₱ 100,000.00 ₱ 1,270.00 ₱ 1,270.00
 Barraga Company
Statement of Comprehensive Income
For the Period October 8, 2021
Gain on securities ₱ 431.95
Add: Unrealized G/L - P/L 30.00
Less: Unrealized G/L - OCI 1,270.00
Net income(loss) (808.05)
 Barraga Company
Statement of Changes in Equity
October 8, 2021
Capital Retained Earnings
Capital, beginning ₱ 100,000.00
Net income(loss) (808.05)
Retained earnings, beginning (338.11)
Capital,ending ₱ 100,000.00 (1146.16)
 Barraga Company
Statement of Financial Position
October 8, 2021
ASSETS
Current Assets
Cash in Investments ₱ 81,208.80
Trading Securities 6,556.85
Total Current Assets 87,765.65

Non-Current Assets
Available-for-sale 11,088.19
Total Non-Current Assets 11,088.19
Total Assets ₱ 98,853.84

LIABILITIES AND SHAREHOLDERS' EQUITY

Barraga, Capital 100,000.00
Less: Retained Earnings 1,146.16
Total Liabilities and Shareholders' Equity ₱ 98,853.84
 Barraga Company
Statement of Cash Flows
For the Period Ended October 1, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Payment for transaction cost 0.00
Purchase of trading securities 0.00
Net cash provided by (used in) operating activities 0.00
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of Available-for-sale 0.00
Sale of Available-for-sale 24,165.76
Net cash provided by (used in) investing activities 24,165.76
CASH FLOWS FROM FINANCING ACTIVITIES
Net Iincrease (decrease) in cash 24,165.76
Cash balance at the beginning of the period 57,043.04
CASH BALANCE AT THE END OF THE PERIOD ₱ 81,208.80
 Barraga Company
Post-Closing Trial Balance
For the Period October 8, 2021
Account Title Debit Credit
Cash in Investment ₱ 81,208.80
Trading Securities 6,556.85
Available-for-sale 11,088.19
Retained Earnings 1,146.16
Barraga, Capital 100,000.00
Total ₱ 100,000.00 ₱ 100,000.00
 Barraga Company
Week 3
Unadjusted Trial Balance Adjustments Adjusted TB

Account Title Debit Credit Debit Credit Debit

Cash in Investment ₱ 81,208.80 ₱ 81,208.80
Trading Securities 6,556.85 180.00 6,376.85
Available-for-sale 11,088.19 350.00 10,738.19
Retained Earnings 1,146.16 1,146.16
Barraga, Capital 100,000.00
Total ₱ 100,000.00 ₱ 100,000.00
Unrealized G/L - P/L 180.00 180.00
Unrealized G/L - OCI 350.00 350.00
Total ₱ 530.00 ₱ 530.00 ₱ 100,000.00
ompany
k3
Adjusted TB Balance Sheet Income Statement

Credit Debit Credit Debit Recit

₱ 81,208.80
6,376.85
10,738.19
1,146.16
100,000.00 100,000.00

180.00
350.00
₱ 100,000.00 99,470.00 100,000.00 530.00 0.00
530.00 530.00
₱ 100,000.00 ₱ 100,000.00 ₱ 530.00 ₱ 530.00
 Barraga Company Barraga Com
Statement of Comprehensive Income Statement of Chan
For the Period October 15,2021 October 15
Revenue ₱ -
Less: Unrealized G/L - P/L 180.00 Capital, beginning
Unrealized G/L - OCI 350.00 Net income(loss)
Net income(loss) (530.00) Retained earnings, beginning
Capital,ending
 Barraga Company
Statement of Changes in Equity
October 15, 2021
Capital Retained Earnings
₱ 100,000.00
(530.00)
(1,146.16)
₱ 100,000.00 (1,676.16)
 Barraga Company
Statement of Financial Position
October 15, 2021
ASSETS
Current Assets
Cash in Investments ₱ 81,208.80
Trading Securities 6,376.85
Total Current Assets 87,585.65

Non-Current Assets
Available-for-sale 10,738.19
Total Non-Current Assets 10,738.19
Total Assets ₱ 98,323.84

LIABILITIES AND SHAREHOLDERS' EQUITY

Barraga, Capital 100,000.00
Less: Retained Earnings 1,676.16
Total Liabilities and Shareholders' Equity ₱ 98,323.84
 Barraga Company
Statement of Cash Flows
For the Period Ended October 1, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Payment for transaction cost 0.00
Purchase of trading securities 0.00
Net cash provided by (used in) operating activities 0.00
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of Available-for-sale 0.00
Sale of Available-for-sale 0.00
Net cash provided by (used in) investing activities 0.00
CASH FLOWS FROM FINANCING ACTIVITIES
Net Iincrease (decrease) in cash 0.00
Cash balance at the beginning of the period 81,208.80
CASH BALANCE AT THE END OF THE PERIOD ₱ 81,208.80
 Barraga Company
Post-Closing Trial Balance
For the Period October 15, 2021
Account Title Debit Credit
Cash in Investment ₱ 81,208.80
Trading Securities 6,376.85
Available-for-sale 10,738.19
Retained Earnings 1,676.16
Barraga. Capital 100,000.00
Total ₱ 100,000.00 ₱ 100,000.00