ASSETS

Current Assets
Cash P
Accounts Receivable
Merchandise Inventory
Input VAT
Total Current Asset P
Non - Current Asset
Store Equipment P
Less: Accumulated Depreciation P
Office Equipment
Less: Accumulated Depreciation
Total Non - Current Asset
TOTAL CURRENT AND NON - CURRENT ASSET P
LIABILITIES
Current Liabilities
Accounts Payable P
Witholding Tax Payable
SSS, PH and Pag Ibig Contribution Payable
Utilities Payable
Output Vat
Cash Dividends Payable
Total Current Liabilities P
STOCKHOLDER'S EQUITY
Ordinary Share Capital P100 par P
Retained Earnings
Total Stockholders' Equity
TOTAL LIABILTIES AND STOCKHOLDERS' EQUITY P