Financial Statement

Group name:
Richel Labaniego
Gynky Monterde
Berna mae Benbinuto
Jennilyn Abellon
Lea joy Ebron
Mary kate Gordon
Mac argie Osorio
Ernie Sanducal
John Marlou Dapudong
Argie Garcia
Stanly Troy Decierto

March 2019
 Name of Product:

(Dolce De Sampalok & Pastillas)

Product Process

Ingredients;

Pastillas ( Ube)

 Condensed
 Skim Milk
 Sugar

Material;

 Lantern Paper

Procedures:

 First combined the Skim Milk, Condensed and Sugar. Mix it

well.
 After mixing, when it is already milk and it form to Pastillas
put it in the lantern paper and rolled it to form in spherical.
 Name of Product:

(Dolce De Sampalok)

Product Process

Ingredients:

 Muscovado sugar
 Tamarind

Material:

 Ice Rapper
 Lantern Paper

Procedures:

 First peeled the tamarind

 Put the 2 glass of water in the kawali
 When the water is already boiled and put the tamarind and
wait 10 minutes when you can’t see the water you can now
put the sugar. Mix it well until it is sticky and taste it if its
good.
 Set aside until it cool. Then wrapped it neatly and properly.
Income Statement

(Day 1)

 Expenses: 260
 Ingredients of Pastillas:

Skim milk, Condense, Sugar, Lantern paper

 Profit: 300
Day 2:

 Expenses: 130
 Ingredients of Dolce de Sampalok:

Tamarind, Sugar, Lantern Paper

 Profit: 170

Day 3:

 Expenses: 70
 Ingredients of Dolce de Sampalok

Sugar, Tamarind

Profit: 220
Statement of Cash Flow

Day 1 to Day 3
(Day 1) ₱ ₱
Cash 260
Cost of goods sold ₱300
Condensed ₱76
Skim Milk ₱144
Sugar ₱13
(₱232)
Total of Sales ₱300
Income ₱68

(Day 2)
Cash ₱130 ₱
Cost of goods sold
Condensed
Skim Milk
Sugar

Statement of cash earnings: