PHIL. PIONEER RUBBER PRODUCT CORP.

La Paz, Naga, Zamboanga Sibugay

CHART OF ACCOUNTS
Account Account
Code Account Titles Code Account Titles
Cash Payables
101 Cash - Collecting Officer 410-3 Due to Pag-ibig - Loans
102 Petty Cash Fund 411-1 Due to Philhealth - EE
Cash in Banks 411-2 Due to Philhealth - ER
110 Cash in Bank - Current Deposit
111 Cash in Bank - Time Deposit Srockholder's Equity
501 Preferred Stock
Receivable 502 Common Stock
121 Account Receivable-Trade 503 Retained Earnings
122 Account Receivable-Non-Trade
123 Advances to Operation Intermediate Accounts
124 Due from Officers & Employees 511 Cost of Goods Sold
512 Income & Expense Summary
Inventories 513 Retained Operating Surplus
131 Material & Supplies 514-1 Purchases - Latex
132 Raw Material 514-2 Purchases - Lump/Cup lumps/Scrap
133 Dry Rubber Inventory
Income Statement
Prepayments Income:
141 Prepaid Rent 601 Milling Fees
142 Prepaid Insurance 602 Other Income
143 Prepaid Interest 603 Sales
144 Rehabilitation Costs
Expenses
700 Processing Costs:
. 701 Direct labor
Fixed Assets : 702 Power cost
201 Land 703 Repair & maintenance
202 Land Improvements 704 Firewood
302 Accumulated Depreciation-Land Improvements 705 Plastic Wrapper
203 Building 706 Fuel & lubricants
303 Accumulated Depreciation-Building 707 Chemical
204 Building Improvements 708 Other Supplies
304 Accumulated Depreciation-Building Improvements 709 Depreciation Expenses
205 IT Equipment & Sofware 710 Rehabilitation Ammortization
305 Accumulated Depreciation-Office Equipment 711 SSS contribution
206 Furniture & Fixtures 712 Pag-ibig contribution
306 Accumulated Depreciation-Furniture & Fixtures 713 Philhealth contribution
207 Motor Vehicles 800 Gen. & Adm. Expenses:
307 Accumulated Depreciation-Motor Vehicles 801 Salaries & wages
208 Machinery and Equipments 802 Honorarium - BODs
308 Accumulated Depreciation-Machiery & Equipments 803 Consultancy
804 Checker Services
251 Construction in Progress 805 Transportation
806 Traveling Expense
Payables 807 Office supplies
401 Accounts Payable 808 Taxes & licenses
402 Notes Payable 809 Depreciation Expense
403 Due to Officers & Employees 810 Repair & Maintenance
404 Accrued Salaries & Wages 811 Light, water & power
405 Provision for Retirement 812 Communication Expenses
406 Due to BIR 813 Hospital & Medicines
407 Dividends Payable 814 Legal/Audit fees
408 Interest Payable 815 Tools & Implement
409-1 Due to SSS - EE 816 SSS contribution
409-2 Due to SSS - ER 817 Pag-ibig contribution
409-3 Due to SSS - Salary Loan 818 Philhealth contribution
410-1 Due to Pag-ibig - EE 819 Representation Expense
410-2 Due to Pag-ibig - ER 820 Miscellaneous
 PHIL. PIONEER RUBBER PRODUCT CORP.
La Paz, Naga, Zamboanga Sibugay
CHART OF ACCOUNTS
Account Account
Code Account Titles Code Account Titles
Cash Stockholder's Equity
101 Cash - Collecting Officer 501 Preferred Stock
102 Petty Cash Fund 502 Common Stock
103 Cash-Disbursing Officer 503 Retained Earnings
Cash in Banks Intermediate Accounts
110 Cash in Bank - LBP 1252-1067-89 511 Cost of Goods Sold
111 Cash in Bank - Time Deposit/Retained Tres. Bond 512 Interest Payable -
112 CIB - PNB 1252-1108-32
Receivable 513 Retained Operating Surplus
121 Account Receivable-Trade 514-1 Purchases - Latex
122 Account Receivable-Non-Trade 514-2 Purchases - Lump/Cup lumps/Scrap
123 CIB - PNB 4129-7000-3138
124 Due from Officers & Employees Income Statement
Inventories Income:
131 Material & Supplies 601 Milling Fees
132 Raw Material 602 Other Income
133 Dry Rubber Inventory 603 Sales
Prepayments
141 CIB- PNB 4129-7000-3284 Expenses
142 Prepaid Insurance 700 Processing Costs:
143 Prepaid Interest 701 Direct labor
144 Rehabilitation Costs 702 Power cost
145 Input Tax 703 Repair & maintenance
Fixed Assets : 704 Firewood
201 Land 705 Plastic Wrapper
202 Land Improvements 706 Fuel & lubricants
302 Accumulated Depreciation-Land Improvements 707 Chemical
203 Building 708 Other Supplies
303 Accumulated Depreciation-Building 709 Depreciation Expenses
204 Building Improvements 710 Rehabilitation Ammortization
304 Accumulated Depreciation-Building Improvements 711 SSS contribution
205 IT Equipment & Sofware 712 Pag-ibig contribution
305 Accumulated Depreciation-Office Equipment 713 Philhealth contribution
206 Furniture & Fixtures 800 Gen. & Adm. Expenses:
306 Accumulated Depreciation-Furniture & Fixtures 801 Salaries & wages
207 Motor Vehicles 802 Honorarium - BODs
307 Accumulated Depreciation-Motor Vehicles 803 Consultancy
208 Machinery and Equipments 804 Security Services
308 Accumulated Depreciation-Machiery & Equipments 805 Transportation
806 Traveling Expense
251 Construction in Progress 807 Office supplies
808 Taxes & licenses
Payables 809 Depreciation Expense
401a Accounts Payable 810 Repair & Maintenance
402 Loans Payable - DOST 811 Power, Light & Water
403 Due to Officers & Employees 812 Communication Expenses
404 Accrued Salaries & Wages 813 Hospital & Medicines
405 Provision for Retirement 814 Legal/Audit fees
406 Due to BIR 815 Tools & Implement
407 Dividends Payable 816 SSS contribution
408 Loaans Payable - LBP 817 Pag-ibig contribution
409-1 Due to SSS - EE 818 Philhealth contribution
409-2 Due to SSS - ER 819 Representation Allowance & Travelling Allowance
409-3 Due to SSS - Salary Loan 820 BOD Meeting Expenses
410-1 Due to Pag-ibig - EE 821 Clothing Allowance
410-2 Due to Pag-ibig - ER 822 GAAM Expenses
410-3 Due to Pag-ibig - Loans 823 Christmas Activities Expenses
411-11 Due to Philhealth - EE 824 Donations
411-2 Due to Philhealth - ER 825 Miscellaneous
826 Interest Expense