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  • SARISARI

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    gilrae merlan
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    The balance sheet shows the assets, liabilities, and capital of Lanie Sari-Sari Store as of December 2022. Total assets are 42,630 consisting of cash on hand, accounts receivable, and store supplies. Total liabilities are nil. Capital contributed by owner Cenona Salazar is 32,526 with net income of 10,104, bringing total capital to 42,630. The statement of financial income shows sales of 28,034 with expenses of 17,930 for heat, light, water, supplies and taxes, resulting in net income of 10,104 for the year ended December 2022.

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    The balance sheet shows the assets, liabilities, and capital of Lanie Sari-Sari Store as of December 2022. Total assets are 42,630 consisting of cash on hand, accounts receivable, and store supplies. Total liabilities are nil. Capital contributed by owner Cenona Salazar is 32,526 with net income of 10,104, bringing total capital to 42,630. The statement of financial income shows sales of 28,034 with expenses of 17,930 for heat, light, water, supplies and taxes, resulting in net income of 10,104 for the year ended December 2022.

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    19 views2 pages

    SARISARI

    Uploaded by

    gilrae merlan
    The balance sheet shows the assets, liabilities, and capital of Lanie Sari-Sari Store as of December 2022. Total assets are 42,630 consisting of cash on hand, accounts receivable, and store supplies. Total liabilities are nil. Capital contributed by owner Cenona Salazar is 32,526 with net income of 10,104, bringing total capital to 42,630. The statement of financial income shows sales of 28,034 with expenses of 17,930 for heat, light, water, supplies and taxes, resulting in net income of 10,104 for the year ended December 2022.

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    of 2

    LANIE SARI-SARI STORE

    CENONA M. SALAZAR- PROP.


    MAGALLANES CAVITE
    TIN NO.-422- 844-720-0000

    BALANCE SHEET
    AS OF DECEMBER 2022

    ASSET

    CURRENT ASSETS

    CASH ON HAND 18,780.00


    ACCOUNTS RECEIVABLE 9,520.00
    STORE SUPPLIES 14,330.00
    TOTAL ASSETS 42,630.00

    LIABILITIES AND CAPITAL

    LIABILITIES N.I.L

    C. SALAZAR, CAPITAL 32,526.00


    ADD: NET INCOME 10,104.00
    TOTAL 42,630.00
    TOTAL LIABILITIES AND CAPITAL 42,630.00

    LANIE SARI-SARI STORE


    CENONA M. SALAZAR- PROP.
    MAGALLANES CAVITE
    TIN NO.-422- 844-720-0000

    STATEMENT OF FINANCIAL INCOME


    FOR THE YEAR ENDED DECEMBER31, 2022

    SALES 28,034.00

    LESS: OPERATING EXPENSES

    HEAT, LIGHT AND WATER 3,580.00


    SUPPLIES EXPENSE 5,500.00
    TAXES AND LICENSES 8,850.00 17,930.00
    NET INCOME 10,104.00

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