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INDA NING MANUK PARTNERSHIP

BALANCE SHEET
DECEMBER 31, 20__

Assets
Current Asset
Cash
Accounts Receivable
Inventory
Biological Asset
Office Supplies
Poultry Supplies
Packaging Supplies
Total Current Asset

Non-current Asset
Land
Building
Accumulated Depreciation-Building
Office Equipment
Accumulated Depreciation-Office Equipment
Poultry Equipment
Accumulated Depreciation-Poultry Equipment
Delivery Equipment
Accumulated Depreciation-Delivery Equipment
Furniture & Fixtures
Accumulated Depreciation- Furniture & Fixtures
Property, Plant & Equipment-Breeder
Accumulated Depreciation- Property, Plant &
Equipment-Breeder
Total Non- Current Assets

Liabilities
Current Liabilities
Account Payable
Interest Payable
Salaries Payable
Philhealth, SSS, Pag-ibig Payable
Withholding Tax Payable
Total Current Liabilities

Non Current Liabilities


Notes Payable
Total Liabilities
Partners Capital
Adao, Capital
Vistan, Capital
Tolentino, Capital
Rudas, Capital
Alcantara, Capital
Total Liabilities and Owners Equity
INDA NING MANUK PARTNERSHIP
INCOME STATEMENT
DECEMBER 31, 20__

Net Sales
Cost of Goods Sold
Gross Profit
Operating Expenses
General and Administrative Expenses
Selling Expenses
Earnings before Interest and Taxes
Interest Expenses
Net Income before Tax
Income Tax
Net Income after Tax
INDA NING MANUK PARTNERSHIP
INCOME STATEMENT
DECEMBER 31, 20__

Adao, Vistan, Tolentino, Rudas, Alcantara,


Capital Capital Capital Capital Capital
Equity, Jan. 1
Add: Profit for 20__
10% Salaries
Interest on Beginning Capital
Total share in profit
Total
Less: Withdrawals
Equity, Dec. 31
INDA NING MANOK PARTNERSHIP
STATEMENT OF CASH FLOWS
DECEMBER 31,
Cash Flow from Operating Activities
Net Income before Taxes
Add:
Depreciation Expense- Building
Depreciation Expense-Office Equipment
Depreciation Expense-Poultry Equipment
Depreciation Expense-Delivery Equipment
Depreciation Expense-Furniture and Fixture
Depreciation Expense-Breeder
Decrease/Increase in:
Accounts Receivable
Inventory
Supplies
Cash generated from operation
Less: Income Tax paid
Net increase/decrease in cash from Operating
activities

Cash flow from investing activities


Building Acquisition
Office Equipment
Poultry Equipment
Delivery Equipment
Furniture and fixtures
PPE-Breeder
Net increase/decrease in cash from investing
activities

Cash flow from financing activities


Long Term Loan
Capital Contributor by Owners
Net increase/decrease in cash from financing
activities

Net Cash Flow


Add: Beginning Cash Balance
Cash Ending Balance