Bamban National High School

School Canteen Operation

As of December 31, 2022

Gross Sales P 51,800

Expenses
Market Expenses/Purchases P 22685
Salary Expenses 3850
Gas/LPG Expenses 1700
Others(Food) 4700
Miscellaneous Expenses 1320
Total Expenses 34255

Net Sales P 17,545

 Bamban National High School
Bamban, Masinloc, Zambales
STATEMENT OF RECEIPTS, DISBURSEMENTS AND UTILIZATION OF INCOME
(CANTEEN LABORATORY)
For the Period of November 21-December 16, 2022

NET SALES
Sales (Gross)
Sales Returns and Allowances
Sales Discounts
Total Net Sales
COST OF SALES
Purchases
Purchase Returns And Allowances
Purchase Discounts
Freight In
Inventory
Total Cost of Sales

GROSS PROFIT

EXPENSES
Selling Costs
Salaries and wages
Canteen/Kitchen Supplies Expenses
Water Expenses
Miscellaneous Expenses
Administrative
Costs
Trainings and Seminars
School Program Support
Meetings and Conferences
Total Expenses
NET INCOME FROM OPERATIONS

UTILIZATION OF NET INCOME

Supplementary Feeding Program (40%)

Student Development Fund(Laboratory,subsidy,skills training and contest)
(30%)
H.E. Development Fund) (30%)
TOTAL UTILIZATION OF NET INCOME (100%)
ool
es
UTILIZATION OF INCOME
)
mber 16, 2022

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Current Month Month

51,800.00
-

51,800.00

22,685.00
-
-

22,685.00

29,115.00

3,850.00

1,320.00

5,170.00
23,945.00
 STATEMENT OF OPERATIONS
For the Period Ending December 31, 2022

REVENUES
Net Sales

Cost of Sales

GROSS PROFIT
Add: Other Operating Income
GROSS INCOME FROM OPERATIONS
EXPENSES
SELLING COSTS

Total Selling Costs

ADMINISTRATIVE
COSTS

Total Administrative Costs

TOTAL EXPENSES
NET INCOME DERIVED FROM OPERATIONS

UTILIZATION OF NET INCOME

Supplementary Feeding Program for Undernourished Students (35%)
School Clinic Fund (5%)
Faculty and Student Development Fund (15%)
H. E. Instructional Fund (10%)
 Schools Operations Fund (25%)
Revolving Capital (10%)
TOTAL UTILIZATION OF NET INCOME (100%)
 STATEMENT OF OPERATIONS
For the Period Ending December 31, 2022

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Current Month Month

Sales (Gross)
Sales Returns and Allowances
Sales Discounts

Purchases
Purchase Returns And Allowances
Purchase Discounts
Freight In
Inventory

rating Income
ONS

Salaries and wages

Canteen/Kitchen Supplies Expenses
Water Expenses
Miscellaneous Expenses

Trainings and Seminars

School Program Support
Meetings and Conferences
rative Costs

SES
ERATIONS

g Program for Undernourished Students (35%)

(5%)
Development Fund (15%)
nd (10%)
nd (25%)
(10%)
OME (100%)
 Bamban National High School
Bamban, Masinloc, Zambales
STATEMENT OF FINANCIAL CONDITION
December 31, 2022

ASSETS
Cash and Cash Equivalents
Accounts Receivable
Inventory
Property, Plant and Equipment at cost
Less: Accumulated depreciation
TOTAL ASSETS

LIABILITIES
Accounts Payable
Other Payable
TOTAL LIABILITIES

EQUITY
School Revolving Capital
Add: Net Income Derived from Operation of Canteen
TOTAL EQUITY
TOTAL LIABILITIES AND EQUITY
 Bamban National High School
Bamban, Masinloc, Zambales
STATEMENT OF FINANCIAL CONDITION
December 31, 2022

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Current Month Month

uipment at cost

ed from Operation of Canteen