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Republic of the Philippines

________________________________________________
(Barangay, City/Municipality, Province)

Statement of Changes in Net Assets/Equity


For the Year ended December 31, 20xx

Accumulated Surplus/(Deficit)
20xx 20xx
Balance at January 1, 20xx
Add (Deduct):
Change in Accounting Policy
Prior Years' Adjusments
Restated Balance
Add (Deduct) Changes in net assets/equity during the year
Adjustments of net surplus (deficit) for the period
Surplus for the period
Balance at December 31, 20xx

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