DATE

2015
May

PARTICULARS

DEBIT

CREDIT

JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS

STATEMENT OF CASH FLOWS

For the Month Ended May 31, 2015

Inflows:
Outflows:
P

Net Increase (Decrease) in Cash Balance

Cash Balance, 03/31/15
Cash Balance, 05/31/15

P
P

JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS

STATEMENT OF COMPREHENSIVE INCOME

For the Month Ended May 31, 2015

Income
Expenses
General Expenses
Non Academic Expenses
Academic Expenses
Net Income (Loss)

Note

(4)
(5)
(6)

JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS

STATEMENT OF FINANCIAL POSITION

As of February 28, 2015

ASSET
Current Asset
Cash
Accounts Receivables Others
Loans Receivable
Total Asset

Note
(2)

LIABILITIES AND EQUITY

JPIA, Equity

(3)

NOTES TO FINANCIAL STATEMENT

Note

Information about the Organization

Junior Philippine Institute of Accountants, otherwise known as JPIA, is an organization of all students ma
Tomas del Rosario College. Its objective, among others, is to promote fellowship and brotherhood among a
well as upgrade their quality and standards with regards to chosen course. Moreover, its domicile and prin
Balanga City, Bataan.
2

Accounts Receivable
Accounts Receivable, 05/01/15
Add:
Total
Less:
Accounts Receivable, 05/31/15
SUMMARY OF RECEIVABLES

JPIA, Equity
JPIA Equity, 03/01/15
Add: Net Income (Loss)
Total
Less:
JPIA Equity, 03/31/15

General Expenses

Non Academic Expenses

Academic Expenses

n of all students majoring in Accounting at

otherhood among accounting students, as
s domicile and principal office is located at

P
P
P

3,505.00
3,505.00
3,505.00