Proustian Aesthetic

Statement of Financial Position

As of ____________

Assets

Current Assets:
Cash 1,430
Accounts Receiva 388
Inventory 1,385
Total Current Assets ₱ 3,203
Non-Current Assets:
Equipment 1,500
Vehicles 250
Total Non-Current Assets ₱ 1,750

Total Assets ₱ 4,953

Liabilities

Current Liabilities
Notes Payable 718
Deferred Revenue 388
Accrued Advertising 800
Total Current Liabilities 1,906

Owner’s equity

Proustian Capital 2,462

Add: Profit for the month 1,385
Total 3,847
Less:Withdrawal 800
Total Owner’s Equity 3,047

Total Liabilities and Owner’s Equity ₱ 4,953

 Proustian Aesthetic
Statement of Comprehensive Income
For the month ended

Sales 55,400
Cost of Goods Sold 3,199
Gross profit 52,201
Less: Operating Expenses
Advertising Expense 800
Supplies Expense 3,100
Utilities Expense 700
Salaries and Wages 44,440
Taxes and Licenses 450 49,490
Profit for the month ₱ 2,711
 Proustian Aesthetic
Statement of Cash Flow

Cash Beginning ₱9906

Add: Cash Investment

Cash receive form Customer ₱55,400
Total Cash-Inflows ₱55,400

Less: Cash paid from Operating

Advertising Expense ₱ 800
Supplies Expense ₱ 3,100
Utilities Expense ₱ 700
Salaries and Wages ₱44,440
Cash paid for Taxes and Licences ₱ 450
Total Cash-Outflows ₱49,490

Total Cash Ending ₱15,816