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  • Silveriano D. Pantilgan: Statement of Financial Performance

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    Jennifer Valendez
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    The document contains financial statements for Silveriano D. Pantilgan for the year ending December 31, 2018. It includes a statement of financial performance showing income of 38,000 from services and expenses of 36,200, resulting in net income of 1,800. It also includes a statement of financial position with total assets of 126,800 including 1,800 in cash and a 125,000 vehicle, and owner's equity of 126,800. Finally, it includes a statement of cash flows showing a net cash flow from operations of 1,800.

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    Pantilgan Fs 2018

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    The document contains financial statements for Silveriano D. Pantilgan for the year ending December 31, 2018. It includes a statement of financial performance showing income of 38,000 from services and expenses of 36,200, resulting in net income of 1,800. It also includes a statement of financial position with total assets of 126,800 including 1,800 in cash and a 125,000 vehicle, and owner's equity of 126,800. Finally, it includes a statement of cash flows showing a net cash flow from operations of 1,800.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    6 views3 pages

    Silveriano D. Pantilgan: Statement of Financial Performance

    Uploaded by

    Jennifer Valendez
    The document contains financial statements for Silveriano D. Pantilgan for the year ending December 31, 2018. It includes a statement of financial performance showing income of 38,000 from services and expenses of 36,200, resulting in net income of 1,800. It also includes a statement of financial position with total assets of 126,800 including 1,800 in cash and a 125,000 vehicle, and owner's equity of 126,800. Finally, it includes a statement of cash flows showing a net cash flow from operations of 1,800.

    Copyright:

    © All Rights Reserved
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    SILVERIANO D.

    PANTILGAN
    Purok 4, Bagontaas, Valencia City, Bukidnon

    STATEMENT OF FINANCIAL PERFORMANCE


    For the Year Ended December 31, 2018

    Income
    Services 38,000.00

    Expense
    Fuel, Oil & Lubricant 22,000.00
    Repairs & Maintenance 10,000.00
    Taxes & Liscenses 4,200.00
    Total Expenses 36,200.00

    Net Income 1,800.00


    SILVERIANO D. PANTILGAN
    Purok 4, Bagontaas, Valencia City, Bukidnon

    STATEMENT OF FINANCIAL POSITION


    For the Year Ended December 31, 2018

    Assets
    Current Assets
    Cash & Cash Equivalents 1,800.00

    Non Current Assets


    Vehicle (Multicab) 125,000.00

    Total Assets 126,800.00

    LIABILITIES & OWNER'S EQUITY


    Liabilities
    Accounts Payable 0

    Owner's Equity
    S. Pantigan Capital 125,000.00
    Add: Net Income 1,800.00
    Total Owner's Equity 126,800.00

    Total Liabilities & Owner's Equity 126,800.00


    SILVERIANO D. PANTILGAN
    Purok 4, Bagontaas, Valencia City, Bukidnon

    STATEMENT OF CASH FLOW


    For the Year Ended December 31, 2018

    Cash Flow from Operating Activities:


    Net Income 1,800.00
    Depreciation -
    Increase(Decrease) in Inventory
    Net Cash Flow from Operating Activities 1,800.00

    Cash Flow from Financing Activities


    Vehicle (Multicab) - 125,000.00

    Cash Flow from Investing Activities


    Owner's Capital 125,000.00

    Cash Balance, End 1,800.00

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