Standard Chart of Accounts: Company Name

company name
STANDARD CHART OF ACCOUNTS

ACCOUNT ACCOUNT TITLE
CODE STATEMENT OF FINANCIAL CONDITION
1000 ASSET ACCOUNTS- Economic Resources of Cooperatives that are recognized and measured
in conformity with Philippine Financial Reporting Standard taking into consideration cooperative
laws, principles and practices in the Philippines.
11000-12000 CURRENT ASSETS
11100 Cash and Cash Equivalent
11110 Cash on Hand
11120 Chescks & Other Cash Items (COCI)
11130 Cash in Bank
11140 Cash in Cooperative Federation
11150 Petty Cash Fund
11160 Revolving Fund
11170 Change Fund
11200 Investment at Fair Value through Profit or Loss
11310 Hled-to- Maturity (HTM) Financial Assets
11310 Unamortized Discount/ Premium -HTM
11400 Available-for-Sale (AFS) Financial Assets

11410 Accumulated Gains/Losses-AFS
11420 Allowance for Probable Losses-AFS FA
11500 Unquoted debt Securities Clasified as Loan
Investment in Non-Marketable Equity Securities

11600
Classified (INMES)
11610 Allowance for Probable Losses- INMES
11700 Loans and Receivables
11711 Loans Receivable-Current
11714 Loans Receivable-Loans in Litigation
11715 Unearned Interest and Discounts
11716 Allowance for Probable Losses on Loans
11721 Accounts Receivables Trade- Current
11722 Account Receivables Trade- Past Due
11723 Accounts Receivables Trade- Restructured
11724 Accounts ReceivablesTrade- in Litigation
Allowance for Probable Losses on Accounts

11725
Receivable Trade
11730 Installment Receivables- Current
11731 Installment Receivables- Past Due
11733 Installment Receivables- Restructured
11734 Installment Receivables- in Litigation
Allowance for Probable Losses on Installment

11735
Receivables
11736 Unrealized Gross Margin
11740 Sales Contract Receivable
Allowance for Probable Losses-Sales Contract

11741
Receivables
11750 Advances to Officers, Employees and Members
11760 Due from Accountable Officers and Employees
11770 Finance Lease Receivable
11780 Other Current Receivables
11800 Inventories
11810 Merchandise Inventory
11820 Repossessed Inventories
11830 Spare Parts/Materials& Other Goods Inventory
11840 Raw Materials Inventory
11850 Work in Process Inventory
11860 Finished Goods Inventory
11870 Agricultural Produce
11890 Allowance for the Decline in Value of Inventory
11900 Biological Assets
12000 Other Current Assets
12100 Input Tax
12200 Deposits to Suppliers

12300 Unused Supplies
12400 Prepaid Expenses
13000-17000 NON CURRENT ASSETS
13100 Held-to-Maturity (HTM) Financial Assets
13110 Un-amortized Discount/ Premium- HTM

13120 Allowance for Probable Losses-HTM-LT FA
13200 Available-for-Sale (AFS) Financial Assets
13210 Accumulated Gains/Losses-AFS
13220 Allowance fro Probable Losses-AFS FA
13300 Unquoted debt Securities Clasified as Loan
Investment in Non-Marketable Equity Securities

13400
(INMES)
13410 Allowance for Probable Losses-INMES
Investment in Subsidiaries/ Associates and Joint

13500
Ventures
13600 Investment Property
13610 Investment Property- Land
13620 Investment Property- Building
13630 Accumulated Depreciation & Impairment -

Investment Property- Building
13700 Real and Other Properties Acquired (ROPA)
13710 Allowance for Probable Losses- ROPA
14000 Property, Plant and Equipment
14110 Land
14111 Accumulated Impairment Loss
14120 Land Improvements
14121 Accumulated Depreciation- Land Improvements
14130 Building and Improvements
Accumulated Depreciation - Building and

14131
Improvements
14140 Building on Leased/Usefruct Land
Accumulated Depreciation - Building on

14141
Leased/Usufruct
14150 Utility Plant
14151 Accumulated Depreciation- Utility Plant
Propery, Plant & Equipment - Under Finance

14160
Lease
14161 Accumulated Depreciation - Property, Plant &

Equipment Under Finance Lease
14170 Construction in Progress
14180 Furniture, Fixtures & Equipment (FFE)
14181 Accumulated Depreciation -FFE
14190 Machineries, Toolsand Equipment
Accumulated Depreciation - Machineries, Tools

14191
and Equipment
14200 Kitchen, Canteen & Catering Equipment/

Utensils
Accumulated Depreciation - Kitchen, Canteen &

14201
Catering Equipment/ Utensils
14210 Transportation Equipment
Accumulated Depreciation- Transportation

14211
Equipment
14220 Linens and Uniforms
Accumulated Depreciation- Nursery/

14231
Greenhouse
14240 Leasehold Rights & Improvements
15100 Biological Assets-Animals
Accumulated Depreciation - Biological Assets-

15101
Animals
15200 Biologicals Assets- Plants
Accumulated Depreciation Biological Assets-

15201 Plants
16000 Intangible Assets
16100 Franchise
16200 Franchise Cost
16300 Copyright
16400 Patent
1700 Other Non-Cuurent Asset
17100 Cooperative Development Cost
17200 Product/Business Development Cost
17300 Computerization Cost
17400 Other Funds and Deposits
17500 Finance Lease Receivable

17600 Due from Head Office/Branch/ Subsidiary
17700 Assets Held for Sale
17800 Deposit on Returnable Containers

17900 Miscellaneous Assets
2000-23000 LIABILITIES - Economic Obligations that are recognized and measured in conformity which
generally accepted accounting principles taking into consideration coopetaives ' laws,
principles and practices in the Philippines.
21000
CURRENT LIABILITIES
21100
Saving Deposits
21200
Time Deposits
21300
Accounts Payable - Trade
21400
Accounts Payable- Non Trade
21500
Loan Payable Current
21600
Finance Lease Payable- Current
21700 Due to Regulatory Agencies
21800 Cash Bond Payable
SSS/ECC/ Philhealth/Pag-ibig Premium

21900
Contributions Payable
22000 SSS/Pag-ibig loans Payable
22100 Withholding Tax Payable
22200 Output Tax
22300 VAT Payable
22400 Accrued Expense
22500 Interest on Share Capital Payable
22600 Patronage Refund Payable
22700 Due to Union/Federation (CETF)
22800 Deposits from Customers
22900 Advances from Customers
23000 School Program Support Fund Payable
23100 Other Current Liabilities
2400 NON-CURRENT LIABILITIES
24100 Loans Payable
24200 Discount on Loans Payable
24300 Bonds Payable
24400 Unamortized Bond Discount/ Premium

24500 Revolving Capital Payable
24600 Retirement Fund Payable
24700 Finance Lease Payable - Long Term
24800 Other Non-Cuurent Liabilities
24810 Project Subsidy
24820 Members' Benefit and Other Funds Payable
24830 Due to Head Office/Branch/ Subsidiary
24840 Other Non-Current Liabilities

30000 EQUITY- Excess of a cooperative's assets over its liabilities
30100 MEMBERS' EQUITY
30110 Authorized Share Capital- Common
30120 Unissued share Capital Common
30130 Subscribed Share Capital -Common
30140 Subscription Receivable - Common
30150 Paid-up Share Capital- Common
30160 Treasury Shares Capital- Common
30170 Authorized Share Capital - Preferred
30180 Unissued Share Capital- Preferred
30190 Subscribed Share Capital - Preferred
30200 Subscription Receivables- Preferred
30210 Paid-up Share Capital- Preferred
30220 Treasury Shares Capital- Preferred
30230 Deposit for Share Capital Subscription
30300 Undivided net Surplus
30400 Net Loss

30500 Donations/Grants
30600 Statutory Funds
30610 Reserve funds
30620 Coop. Education & Training Fund
30630 Community Development Fund
30640 Optional Fund
30700 Unrealized Gains/Losses
STATEMENT OF OPERATIONS
40000 REVENUE ITEMS- Gross inflow of economic benefits during the period arising in the course of the
ordinary activities of the coop when those inflows result in increases in equity, other than increases
relating to contributions from equity participants
40100 Income from Credit Operations
40110 Interest Income from Loans
40120 Service Fees
40130 Filing Fees
40140 Fines, Penalties, Surcharges
40200 Income from Service Operations

40210 Service Income
40220 Interest Income from Lease Agreement
Income from Marketing/ Consumers/

40300
Production Operations
Net Sales
40310 Sales
40320 Installment Sales
40330 Sales Return & Allowances
40340 Sales Discount
40400 Other Income
40410 Income/Interest from Investment/ Deposits
40420 Membership Fee
40430 Commission Income

40440 Realized Gross Margin
40450 Miscellaneous Income
50000 Cost of Good Sold
51000 Cost of Good Sold
51110 Purchases
51120 Raw Material Purchases
51130 Purchase Return & Allowances
51140 Purchase Discounts
51160 Freight In
51170 Direct Labor
51180 Factory/ Processing Overhead
51200 Inventory Loss
60000 Cost of Services
61000 Project Management Cost
61110 Labor and Technical Supervision
61210 Salaries and Wages
61230 Employees' Benefits
61240 SSS, Philhealth, Pag-ibig Contribution
61250 Retirement Benefit Expenses
61280 Professional and Consultancy Fees
61370 Supplies
61410 Power, Light and Water
61430 Insurance
61440 Repairs and Maintenance
61450 Rentals
61490 Gas, Oil & Lubricants

61520 Miscellaneous
61530 Depreciation
61540 Amortization
62000 Generation Cost
62120 Power Cost
62250 Miscellaneous
62370 Supplies
62430 Insurance
62450 Rentals
62530 Depreciation
62540 Amortization
62590 Impairment Loss
63000 Distribution Cost
63120 Power Cost
63240 SSS, Philhealth, ECC, Pag-ibig Contribution

63370 Supplies
63390 Training/ Seminars
63420 Travel and Transportion
63430 Insurance
63450 Rentals
63470 Communication
63520 Miscellaneous
63530 Depreciation
63540 Amortization
63590 Impairment Loss
64000 Transport Service Cost
64140 Driver's/ Conductor's Fees
64150 Vehicle Registration and Licensing Expenses
64160 Toll Fees
64170 Incidental Expense
64430 Insurance
64530 Depreciation
64580 Provision for Fortuitous Events and Accidents
70000 EXPENSES- Gross outflows of economic resources and incurrence of obligations in the course of
the ordinary activities of the cooperative when those outflows result in decreases in surplus.
71000 Financing Cost
71100 Interest Expenses on Borrowings
71200 Interest Expenses on Deposits
71300 Other financing Charges
72000 Selling/ Marketing Cost
Product/Service Marketing and Promotion

72180
Expenses
72190 Product/ Service Development
72200 Product Research
72220 Incentives and Allowances
72230 Employees Benefit
72240 SSS, Philhealth, ECC, Pag-ibig Contribution
72260 Commission Expense
72270 Advertising & Promotion
72280 Professional Fees
72290 Royalties
Store/ Canteen/ Kitchen and Catering Supplies

72310
Expenses
72320 Breakage & Losses on Kitchen Utensils
72330 Freight Out/ Delivery Expenses
72340 Spoilage, Breakage and Losses
72350 Storage/ Warehousing Expenses
72430 Insurance
72450 Rentals
72460 Taxes, Fees and Charges

72470 Communication
72480 Representation
72520 Miscellaneous Expenses
72530 Depreciation
72540 Amortization
Amortization of Leasehold Rights and
72550 Improvement
72660 Periodicals, Magazines & Subscription
73000 Administrative Cost
73270 Officers' Honorarium Allowances
73300 Litigation Expenses
73360 School Program Support
73370 Office Supplies
73380 Meetings and Conferences
73390 Training/ Seminars
73430 Insurance
73450 Rentals
73460 Taxes, Fees and Charges
73470 Communication
73480 Representation
73500 Collection Expense
73510 General Support Services
73520 Miscellaneous Expenses
73530 Depreciation
73540 Amortization
Amortization of Leasehold Rights and
73550 Improvement
Provisions for Probable Losses on Accounts/
73560
Installment Receivables
73570 Provision for Losses- Others
73590 Impairment Losses
73600 Bank Charges
73610 General Assembly Expenses
73620 Members Benefit Expenses
73630 Affiliation Fee
73640 Social and Community Service Expense
73650 Provision for CGF (KBGF)
80000 Other Items - Subsidy/Gain (Losses)
81000 Project Subsidy
82000 Donation and Grant Subsidy
83000 Optional Fund
84000 Subsidized Project Expenses
Gains and Losses on Sale of Property and

85000
Equipment
86000 Gains and Losses in Investment
87000 Gains or Losses on Sale of Repossessed Item
Gains or Losses from Foreign Exchange

88000 Valuation
89000 Prior Years' Adjustment
ARD CHART OF ACCOUNTS
DEFINITION
STATEMENT OF FINANCIAL CONDITION
ooperatives that are recognized and measured
rting Standard taking into consideration cooperative
nes.
Cash and other assets that are reasonably expected to be realized in cash or intended
for sale or consummation within twelve months after the balance sheet date, or the
normal operating cycle of the business, unless it is restricted from being exchanged or
used to settle a liability for at least twelve months after the balance sheet date (PAS 1)
This account refers to cash on hand and demand deposits and other cash equivalents
that are: (1) readily convertible to known amounts of cash; and (2) so near their
maturity (original maturities of 3 months or less) that they represent negligible risk of
changes in value because of changes in interest rate (PAS 7)
This account refeers to money (bills and coins) still in the possession of the
cooperative's custodian.
This account refers to dated checks, postal money order (PMO) and demand drafts
awaiting deposits.
This account refers to money deposited in the bankunder the name of the Cooperative,
i.e., savings, current, time deposits, and combo accounts. A subsidiary ledger shall be
mantained for each bank account.
This account refers to money deposited in federations to which they are affiliated, i.e.,
savings and time deposits which are unrestricted and readily available when needed. A
subsidiary ledger shall be maintained for each account
This account refers to limited amount of money set aside for small expenditures such
as stationaries, supplies and fares maintained under an imprest system. It should be
replenished periodicaly when the fund gets low
This account refers to the amount set aside to cover disbursement for recurring
transactions maintained under an imprest system. It should be reprenished
periodically when the fund gets low. This may include emergency purchases,
withdrawal of deposits, release of loan proceeds, etc., the maximum amount of which
shall be predetermined by the Board od Directors
This account refers to the reasonable amount of money set aside by BOD to change
bigger amount of bills to smaller denomination or coins or vice versa
This account refers to financial assets that is classified as held to trading and upon
initial recognition are designated by the coop as at fair value through profir or loss.
This shall compromised of both debt and equity securities and shall be accounted for in
the same manner as Hold to Maturity (HTM) securities
This account refers to debt securities maturing within the year, quoted in a active
market with fixed maturity that the cooperative has the positive intention and ability
to hold to maturity (PAS 39)
This account refers to the unamortized discount/premium on HTM debt securities,

which shall be debited/credited monthly based on the effective interest method with
the corresponding credit/debit to "Internet Income-HTM debt Securities".
This account refers to securities that are designated as available-for-sale, and are not
classified as: (a) loans and recivables: (b) held to maturity investments; and c) financial
assets at fair value through profit and loss
This account refers to cumulative gains/(losses) arising from change in the fair value of
AFS securities. The contra cumulative account is "Net Unrealized Gains/(Losses) on AFS
Financial Assets", which is separate component of equity
This account refers to the amount of impairment loss that has been incurred on AFS
Securities. This is temporary account to offset unrealized gains on investments-AFS.
This account refers to debt instrument that do not have a quoted market market and
whose fair value cannot be reliably measured, including derivatives that are linked to
and must be settled by delivery of such unquoted debt instruments, which shall be
measured cost
This account refer to equity instruments that do not have a quoted market price in an
active market, and whose fair value cannot be reliably measured, but which shall be
mesured at cost.
This account refers to cumulative amount of impairment loss that has beeb incurred
on INMES
These refer to financial assets with fixed or determinable payments that are not
quoted in an active market other than Available for Sale, Held to Maturity and
Investment at Fair Value through Profit and Loss.
This account refers to the outstanding balance of loans granted to the members which
are not yet due
This account refes to receivable from meber-borrowers under legal action. The loan
shall remain in this account during the pendency of the legal proceeding and until fully
paid/restructed/foreclosed and undergone proceedings
This account refers to interest already received but not yet earned and presented as a
contra asset account
This account refers to the cumulative amount set up against the current operation for
possible losses arising from non-collection of loans.
This account refers to the cumulative amount due from member and/or non-member
patrons resulting from services rendered and sales of related goodsmerchandise which
are expected to be collected within the credit terms set by the Board of Directors.
This account to total trade receivables due from members and/or non-members
patrons which remain unpaid beyond the credit terms set by the BOD
This account refer to the total trade receivables from the member & non-member
patrons whose account were restructured upon full payment or settlement of interests
due and/or penalties
This account refers to total trade receivables from member and non-member patrons
under legal action. The receivables shall remain in this account during the pendency of
the legal proceedings and until fully settled
possible losses arising from non-collection of accounts
This account refers to the account refers to the amount due from members and non-
member patrons for sale of merchandise/goods on a deffered payment or installment
plan.
This account refers to amount due from members and non member patrons for sale of
merchandise/goods on a deferred payment or installment plan which remain unpaid
beyond the terms set by the cooperative
This account refers to amount due from members and non-member patrons for saleof
merchandise/goods on a deferred payment or installment plan that were restructured
upon full payment or settlement of interests due and/or penalties
This account refers to amount due from members and non-member patrons for sale of
merchandise/goods on a deferred payment or installment plan under legal action. The
receivables shall remain in this account during the pendency of the legal proceedings
and until fully settled
possible losses arising from non-collection of installment receivables
This account refers to the unrealized portion of the gross margin on goods sold on
installment receivable (used by coops involved in real estate operations)
This account refers to amortized cost of the receivables arising from installment sale of
asset acquired n settlement of loans/obligations.
This account refers to the cumulative amount of impairment loss that may arise from
non-collection of payment on Sales Contract Receivables
This account refers to duly approved cash advances for official business to officers,
employees and members, subject to liquidation in accordance with the policy of the
cooperative
This account refers to total collectibles due from accountable officers and employees
arising from shortages, losses and unliquidated cash advances beyond the prescribed
period, that are subject to immediate settlement
This account refers to current portion of the long term lease receivables arising from
sale of goods/property under finance lease agreement
This account refers to transactions/adjustment not classified under any of the
receivable accounts mentioned
These refer to cost of goods on hand, in consignment with other entities and in process
which are intended for sale or production
This account refers to cost of goods on hand, in-transit, available for sale at the end of
the accounting of reporting period
This account refers to fair value of inventories previosly sold but regained as a result of
the default of the payments due from members/customers
This account refers to spare parts/materials and other goods on hand and in transit at
the end of the accounting or reporting period.
This account refers to cost of raw materials on hand and in transit at the end of the
accounting or reporting period
This account refers to cost of job or work in process on hand at the of accounting or
reporting period
This account refers to cost of completed job or work orders and goods
manufactured/produced/processed on hand and ready for sale at the end of
accounting or reporting period
This account refer to the harvested product of the biological assets and shall be
measured at its fair value less estimated point-of-sale costs at the point of harvest
This account refers to allowance set aside to provide for impairment losses on
inventory. This is a contra account to Inventories
This account refers to the cost of living animals and plants that are intended for sale.
This shall be measured a its fair market valur less estimated point of sale costs, except
when estimates of fair value are determined to be clearly unreliable. Biological assets
refer to living animals or plants. (PAS 41)
This account refers to any other assets which are expected to be realized, consumed or
used within the year. It also includes any other current assets that are assigned to
cash and cash equivalents, and loans and receivables
This account refers to value-added tax due from or paid by a VAT

registered/registrable enity on the importation or local purchases of
merchandise/goods or services including lease or use of property
This account refers to the amount paid in advance to suppliers

This account refers to costs of supplies on hand
This account refers to payments made in advance, to be amortized within one (1) year
(e.g. Insurance, interest, rentals, etc.
All other assets not classified as current include tangible, intangible, operating and
financial assets of a long term nature
This account refers to debt securities quoted in an active market with fixed or
determinable payment s and fixed maturity that the cooperative has the positive
intention and ability to hold to maturity (or as defined under PAS 39).
This account refers to the unamortized discount/premium on HTM debt securities,

which shall be debited/credited mothly based on the effective interest method with
the corresponding credit/debit to "Interest Income - HTM Debt Securities"
This account refers to the cumulative amount of impairment loss that has been
incurred on HTM LT- FA securities
This account refers to securities that are designated as available-for-sale, and are not
classified as: (a) loans and recivables: (b) held to maturity investments; and c) financial
assets at fair value through profit and loss
This account refers to cumulative gains/(losses) arising from change in the fair value of
AFS securities. The contra cumulative account is "Net Unrealized Gains/(Losses) on AFS
Financial Assets", which is separate component of equity
This account refers to the amount of impairment loss that has been incurred on AFS
Securities. This is temporary account to offset unrealized gains on investments-AFS.
This account refers to debt instrument that do not have a quoted market market and
whose fair value cannot be reliably measured, including derivatives that are linked to
and must be settled by delivery of such unquoted debt instruments, which shall be
measured cost
This account refers to equity instrument that do not have a quoted market price in an
active market, and whose fair value cannot reliably measured, but which shall be
measured, but which shall be measured at cost
This account refers to cumulative amount of impairment loss that has beeb incurred
on INMES
This account refers to the amount of the cooperative\s investment in the equity
instrumentsof unconsolidated subsidiaries/associates, or joint ventures. Accounted for
in accordance with PAS 27 for Investment in Subsidiaries, PAS 28 for Investment in
Associates and PAS 31 for investment in JVs
Cost of property (land or building or a portion thereof) used to generate income or

capital appreciation or both, not used in production of goods, supply or services nor for
administrative purposes nor sale in the ordinary course of business measured at cost
and subject to depreciation. Fair value of property must be disclosed at the end of
accouting/period (PAS 40)
This accounts refers to cost of land or a portion thereof to generate income or capital
appreciation or both , not used in production o goods, supply or services nor for
administrative purposes or sale in the ordinary course of business measured at cost.
Far value of property must be disclosed at the end of the accounting/reporting period
This account refers to the cost of building or a portion thereof to generate income or
capital appreciation or both, not used in production of goods, supply or services nor for
administrative purposes or sale in the ordinary course of business measured at cost
and subject to deperciation
This account refers to the total amount of depreciation and impairment on Investment
Property - Building that are set up periodically and charged against the current
operations
This account and other properties, acquired by the co-op in settlement of loans and
receivables through foreclosure or dacion en pago and/or for other reasons. Should
the cooperative use such assets in its main operation, the same assets shall be re-
classified accordingly.
This account refers to the cumulative amount of impairment loss incurred on ROPA,
which shall be accounted for in accordance with PAS 36
All tangible assets with an estimated useful life beyond life beyond one year, are used
in the consuct of the business, and not intended for sale in the orsinary course of
business. Recorded at cost or fair value if donated
This account refers to the acquisition cost of the land used for its main operation plus
all incedental costs such as title, taxes surveyong fees, legal fees, restoration cost, and
other cost, etc. All these are reflected in a single cost (fair market value or appraised
value if donated). Taxes paid by teh cooperatives as a contribution to the cost of public
improvement (special assestment ) are treated as part of the cost of the land. At the
property must be disclosed.
This account refers to the total of impairment that are set up and charged against the
current operation
This account refers to the cost of depreciable improvements after land acquisition
susch as fencing, roadways, landscaping, etc, that are subject to depreciation over
their useful lives
This accont refers to the total amount of depreciation / impairment cost on land
improvement that are set up periodically and charged against the current operations
This account refers to the acquisition /construction cost of the building and its
improvement on the land owned and used for its main operation. Major repairs or
improvement that will prolong the life of the building are considered capitalizable cost.
At the end of the accounting/reporting period, fair value of the property must be
disclosed.
This account refers to the total amount of depreciation/impairment cost on building

that are set up periodically and charged against the current operations.
This account refers to the cost of construction of new building on a leased /usufruct
land and shall be depreciated over the estimated life of the buiding or the
lease/usufruct term whichever is shorter.
This account refers to total amount of depreciation on Building on Leased/Usufruct

Land based on cost that are set-up periodically and charged against the current
operations.
This account refers to the cost of property and equipment used in the generation of
power/water and other utilities for operation and/or for distribution to consumers.
This account refers to the total amount of depreciation cost on Utility Plant that are
set up periodically and charged against the current operations.
This account refers to the cost determined by the fair or present value of leased
Property, Plant and Equipment.
This account refers to the total amount of depreciation on PPE- under Finance Lease
that are set-up periodically against current operations.
This account refer to the cost of materials, labor and other construction related cost
incurred on unfinished constrcution project, prior to occupance/actual use.
This account refers to the cost of movable (furniture), immovable (fixtures) properties
and office/production/store equipment used in the ordinary course of business such as
but not limited to desks, chairs, cabinets, computers, vaults, including incidental
expenses incurred in acquiring them, up to the time they are received and ready for
use.
This account refers to the total amount of depreciation/impairment cost on Furniture,

Fixture and Office Equipment that are set up periodically and charged against the
current operations
This account refers to the cost of machineries, tools and equipment owned and used in
producing goods, providing services and repairs
This account refers to the total amount of depreciation on machineries, tools and
equipment that are set-up periodically and charged against the current operations
This account refers to the cost of equipment, cutleries and other tools used in food
perparation and serving including incidental expenses incurred in acquiring them up to
the time they are received and ready for use.
This account refers to the total amount of depreciation on Kitchen, Canteen and
Catering Equipment/Utensils that are set-up periodically against current operations.
This account refers to the cost of equipment owned and used in transporting goods,
services or personnel such as motorcycles, pick-ups, vans and other vehicles.
This account refers to the total amount of depreciation/impairment cost on

Transporation Equipment that are set up periodically and charged against current
operations.
This account refers to the cost of linens and the uniforms used by employees and staff
including cost of tablecloth, curtains, blanckets and similar items.
This account refers to the total amount of depreciation and impairment on nursery
and greenhouse that are set-up periodically and charged against the current
operations.
This account refers to the cost of improvements on premises under operating lease
including cost of rights and concession rights which are subject to amortization over
the useful life of the property or the term of the lease, whichever is shorter.
This account refers to the cost of breeding stock/working animals owned by the
cooperative.
This account refers to total amount of depreciation and impairment on Biological
Assets- Animals that are periodically and charged against the current operations.
This account refers to living plants that produces seeds, seddlings, flowers and fruits.
This account refers to total amount and impairment on BA- plants that are set-up
periodically and charged against the current operations.
Identifiable non-monetary asset without physical substance for which future economic
benefits are expected flow back and amortized over the estimated useful life or legal
life whichever is shorter.
For Franchisor- This account refers to the cost of developing and registering the trade
mark/barnd/logo for a particular product or services for the exclusive use and benefit
of the coop. For the Franchisee- the cost of acquiring the right and privilege to sell
gods and services using the particular trademark/brand/logo of the franchisor.
This account refers to the cost of acquiring privilege or right granted by Franchising
Agencies to cooperative to exercise an exclusive service to a particular route or area.
This account refers to the right for the exclusive use or distribution of products or
services acquired from an author or artists.
This account refers to the exclusive rights granted by the state to a patentee (the
inventor or assignee) for a fixed period in exchange for the regulated, public disclosure
of certain details of a device, method, process or composition of matter which is new,
inventive, and useful or industrially applicable.
Assets which do not fit into any of the preceeding classifications

This account refers to expenses incurred prior to the actual operations of the
cooperative, subject to amortization for a period not exceeding three (3) years.
This account refers to the cost of enhancement/improvements of existing products
and/or development of new products and prototypes/samples for production after
establishing the technical and commercial feasibility.
This account refers to the cost of acquisition or development of computer programs

and other software excluding upgrading of system. This amortized over a period not
exceeding three (3) years or useful life whichever is shorter
This account refers to restricted funds set aside for funding of Statutory and other
reserves such as Retirement, Menbers' Benefit and Other Funds. This may be in the
form of time deposit or other securitites which may be convertible to cah when
needed.
This account refers to the long term portion of the Finance Lease Receivables.
Thuis account refers to receivables from Head Office/Branches/ Subsidiary
This account refers to non current assets and/or assets of a discntinued operation held
for sale which is measured at the lower of its carrying amount or fair value less cost to
sell.
This account refers to deposits on containers subject to refund upon its return.
This account refers to assets not falling in any of the above categories.
ecognized and measured in conformity which
ing into consideration coopetaives ' laws,
Obligations reasonably expected to be settled within the nornal business operating
cycle, that: (a) is due within 12 months after balance sheet date: (b) is held primarily
for the purpose of being traded: c) doesnot have an uncnditional right to defer
settlement of the liability for at least 12 months after balance sheet date.
This account refers to deposits made by members that can be withdrawn anytime at
the option of the member-depositors.
This account refers to deposits made by members for a specified period of time and
withdrawable at a predetermined date.
This account refers to obligations/indebtedness to suppliers for purchase of goods and
services intended for sale.
This account refers obligations/indebtedness to suppliers for purchase of goods and
services not intended for sale (e.g. supplies, periodicals and etc.)
This account refers to the indebtedness to financial institutions, federations, unions, or
individuals payable within the accounting/fiscal period and the current portion of the
Long Term Loans Payable.
This account refers to the current portion of PPE acquired under Finance Lease
Agreement.
This account refers to amount collected from the members in payment for registration,
licensing, supervision, etc. with regulatory Agencies
This account refers to amount received from members/employees as guarante for the
use of equipment/accessories/ future losses, shirtages and damages
This account refers to amounts withheld from the compensation income of employees
representing their premium contribution to SSS, Philhealth ang Pag-ibig agencies and
the corresponding share of the cooperative as employer.
This account refers to amounts withheld from the compensation income of employees
representing their payment of loans to SSS and Pag-ibig agencies.
This account refers to all taxes withheld as prescribed by law.
This account refers to value added tax on sale of taxable merchandise/goods and
services.
This account refers to excess of ouput tax over input tax.
This account rfers to iability to members for interesr on share capital, which can
determined only at the end of fiscal year.
This account, refersto lliability to members for interest on share capital, which can be
determined only at the end of ficscal year.
This account refers to liability to members for patronage refund, which can be
deermined only at the end of fiscal year.
This account refers to the accumulated amount set aside to be credited to the
Union/federation where the cooperative is a member. This corresponds to the 50% of
the total annual allocation for the Education and Training Fund
This ccount refers to deposits from customer for containers, food or other services
subject to refund.
This account refers to the advance paymeny for delivery of goods or services.
This account refers to an amount allocated as support mechanism to school program,
which remains unpaid. (applicable to public school - based copperatives only)
This account refers to other liabilities that cannot be classified under any of the
preceding current liability accounts.
Liabilities payable beyong one year
This account refers to the indebtedness of the cooperative to financial institutions,
federations, unions, or individuals payable beyond one year.
This account represents the interest deducted from the loan value/principal to be
amortized over the term of the loan using effective interest method. This isa contra
account to Loans Payable
This account refers to the amortized cost of obligations arising from the issuance of
bonds.
This account refer to the amortized discount/premium on bonds payable which shall
be amortized during the term of the bond issued using the effective interest method.
The account refers to deferred payment of interest on share capital and patronage
refund, which should be agreed upon in the General Assembly.
This account refers to the accumulated retiremtn benefit cost charged against the
income of the cooperative over the expected remaining working lives of participating
qualified employees.
This account refers to the future lease payments for Property, Plant and Equipment
acquired under finance lease. Net of the Current Portion.
The totality of all other liabiliities that cannot be classified after any of the preceding
liability accounts.
This account refers to the unused portion of the donation/grant for training, salaries
and wages, etc.
This account refers to funds for special purposes such as member's benefits, including
Kilusang Bayan Guarantee Fund (KBGF)/ Cooperative Guarantee Fund (CGF)not part of
the distribution of net surplus.
The account is used to record inter-office transactions in the booksd of Head Office
(HO)/Branch/ Subsidiary and should be closed at the end of accounting period.
This account refers to other long term liabilities not elsewhere classified.
r its liabilities
This account refers to ownership Interest of members in the cooperative
This account refers to autorized capitalization in common share as prescribed in the
articles of cooperation.
This account refers to portionof the Authorized Share Capital- Common prescribed in
the articles of cooperation.
This account refers to the share capitalsubscribed by regular members payable over a
certain period of time.
This account refers to the total unpaid subscribed share capital or regular members.
This account refers to collected subscribed capital stock- common sharE (if memo
entry recording is used).
This account refers to common shares bought back and held in treasury. This account
should only be used in the event that there are no members who are willing to buy the
shares of outgoing mebers.
This account refers to the authorized capitalization in preferred share as prescribed by

the articles of cooperation.
This account refers to portion of the Authorized Share Capital- Preferred as prescribed
by the articles of cooperation which are not yet subscribed an issued.
This account rfers to the preferred share capital s ubscribed by member (regular and
associate) payable over a certain period of time.
This account refers to the total unpaid subscribed preferred share capital of regular
and associate members.
This account refers to collected subscribed preferred share capital (if memo entry
recording is used)
This account refers to preferred shares previously issued and reacquired and held in
treasury, but not retired or cancelled, and maybe re-issued to existing members.
This account refers to amount paid by the members for capital subscription equivalent
to the value of less than one share and additional subcriptions in excess of authorized
capital pending approval of the amendments to increase Authorized Share Capital.
This may also include the amount of share capital paid but not yet covered by
subscription contract. Subsidiary ledgers shall be maintained for this accunt.
This account refers to the accumlated net surplus of the cooperative that is allocated
and distributed at the end of each reporting period in accordance with Article 86 of RA
9520. This account is used for Interim Financial Statement Presentation only.
This account refers to temporary account to record losses in operation incurred during
the reporting period. Net loss for the year shall be charged against reserved fund,
subject to provisions of Article 86 of RA 950
This account refers to amounts received by the cooperative as awards, subsidies
grants, aids and others. This shall not be available for distribution as interest on share
capital and patronage refund.
Mandatory funds established/set up in accordance with Article 86 of RA9520

This account refers to the amount set aside annually for the stability of the
cooperative (equivalent to at least 10% of net surplus). A corresponding fund should
be set up either in the form of time deposit with local banks or government securities.
This account refers to the amount retained by the cooperative for education and
training of its members, officers and staff out of the mandatory allocation as
stipulated in the cooperative's by-laws.
This account refers to the fund set aside from the net surplus which should not be less
than 3% for projects and/or activities that will benefit the community where the
cooperative operates.
This account refers to fund set aside from the net surplus not exceeding 7%. It shall be
used for any of the following purposes: land and building, acquisition of equipment,
members' benefit, or other prurposes.
This account refers to the cumulative gains (losses) arising from change in the fair
value of AFS securities.
TATEMENT OF OPERATIONS
enefits during the period arising in the course of the
flows result in increases in equity, other than increases
pants
All income derived from Credit Operations
This account refers to income earned and collected by the cooperative from the
interest charged on the loans granted to their members.
This account refers to the fees collected by the cooperative for loan
processing/servicing/collecting.
This account refers to the fees collected by the cooperative upon filing of loan
applications by members-borrowers.
This account refers to the fees imposed and collected by the cooperative on the
delayed amortization payments of the member-borrower.
All income derived from service operations.
This account refers to the amount collected for various service rendered.
This account to interest earned arising from lease of assets under Finance Lease
Agreement.
All income derived from marketing/consumers/ production operations
Total sales reduced by sales returns, allowances and discounts.

This account refers to invoice price of all merchandise/goods sold or services rendered
whether paid or on account. (segregate sales from members and non members)
This account refers to sales to members and non-members of merchandise/ goods on

a deferred payment plan or installment plan.
This account refers to deductions from the invoice price due to returns resulting from
damage, defects or errors in the kind or quality of goods delivered/sold to
customers/members.
This account refers to deductions allowed to cistomers for settlement/prompt payment

of their account
Income received by the cooperatives other than its main operation.
This account refers to the income earned by the cooperatives from deposits in
banks/other institutions and investments made in financial
institutions/government/business organizations. This shall include interest income
derived from the deposit of statutory funds in the bank until utilized. (refer to the
accounting manual)
This account refers to an amount collected from the cooperative's member- applicants
upon approval of their membership in the cooperative.
This account refers to an amount received by the cooperative fro supplier as
incentives.
This account refers to income earned by the cooperative from the installment sales of
real estate.
This account refers to all other income earned by the cooperative for which no specific
account has been set up.
The cost/value of commodity sold as determined using physical or perpetual inventory
system
This account refers to account used to record cost of finished goods sold under
perpetual inventory system.
This account refers to cost of merchandise/goods bought whether paid or on account
under periodic inventory system
This account refers to gross cost of materials purchased for the production of food for
sale, for catering and canteen operations (using periodic inventory system)
This account refers to deductions from invoice cost due to damage, defects, or errors
in the kind or quality of goods bought.
This account refers to reductions in the cost of product bought due to the early
payment.
This account refers to the cost of transporting merchandise/good from the place of
purchase to storage area. Should form part of the Cost of Good Available for Sale.
This account refers to cost of labor directly attributed to the production of goods.
This account refers to all cost other than raw materials direct labor used in the
production/manufacturing/ process of goods including royalties and prodiction
garments.
This account refers to reduction in inventory due to spoilage, breakage and variance
between inventory per books and per count.
All costs incurred that are directly related to the generation of power, water and other
services (A separate subsidiary shall be maintanied.
This account refers to all cost incurred that aew directly related to the projects and
contract entered into by clients like manpower servicing, construction and other
professional works, including consulting fee.
This account refers to amount incurred for technical and other services income.
This account refers to amount incurred for services rendered by employees directly
involved in providing services including overtime pay.
This account refers to benefits given to employees directly involved in
providingservices other than salaries and wages such as but not limited to 13th month
pay, bonus, allowances, and subsistence allowance including human resource
development.
This account refers to the cooperative's share in the employees' contribution to SSS,
Philhealth and Pag-ibig.
The cost of providing retirement benefits to employees directly involved in providing
services. The cost of retirement benefits is recognized as an expense in the periods
during which the services are rendered.
This account refers to amount incurred for professional and consultancy services in
relation to the generation of service income.
This account refers to expenses incurred for various supplies used for service activities.
This account refers to the cost of electricity and water incurred in the generation of
service income.
This account refers to expenses incurred to insure the equipment used in providing
services.
This account refers to expenses incurred in the repair and maintenance of machineries
and equipment used in the delivery of service except major repairs that prolong the
life of the asset.
This account refers to expenses incurred for the building/office spaces or facilities
lease by the cooperative for the generation of service income.
This account refers to this account refers to amounts incurred for gasoline, fuel and
lubricants for cooperative's machineries and equipment used in the delivery of service.
This account refers to all other expenses incurred by the cooperative not classified
under any of the specified expenses account.
This account refers to amount provided for wear and tear of building, machineries and
equipment used in the delivery of service.
This account refers to amount provided for amortization of intangible assets.
Cost incurred in the generation power, water and other utilities.
This account refers to cost of power whether purchased or generated for distribution.
This refers to amount incurred for technical and other services ancillary to the
generation of service income.

service income.
services.
life of the asset.
This account refers to difference between the carrying value and the recoverable value
of the assets directly used in the delivery of services.
Cost incurred in the distribution of power, water and other services.
This account refers to cost of power whether purchased or generated for distribution.
This account refers to amount incurred for technical and other services ancillary to the
generation of service income.
development.
This account refers to an amount incurred for officers and staff directly involved in
providing services for attending trainings and seminars/conducting seminars including
expenses related thereto after exhausting the CETF
service income.
This account refes to amount incurred for fares, toll fees, board of lodging, per diem,
and meal allowance of officers, employees directly involved in providing services while
on official travel.
services.
life of the asset.
This account refers to amount incurred for transmission of message such as courier,
telephone, e-mail, fax, internet, messengerial, and all other means ofcommunication
used in the delivery of service
This account refers to difference between the carrying value and the recoverable value
of the assets directly used in the delivery of services.
All costs incurred that are directly related to Service Income and Passenger's Fee. (A
separate subsidiary shall be maintained).
This account refers to cost incurred for payment to drivers (control mechanism will be
developed to recognized actual gross receipts) - subject to 10% withholding tax
This account refers to expenses incurred for licensing, registraion, dropping, filing,
supervision, accreditation fees, penalties and other fees. (this account is used for
cooperatively owned units only)
This account refers to amount paid for toll fees (SA)

This account refers to expenses incurred to cover the cost of expenditures which are
anticipated / expected such as accidents not covered by insurance.
services.
life of the asset.
This account refers to amount set aside for expenses related to unforeseen
events/accidents based on historical experience which should not exceed 10% of
Management Fees.
urces and incurrence of obligations in the course of

en those outflows result in decreases in surplus.
Expenses related to borrowings of funds used for operations.
This account refers to interest incurred on borrowings.
This account refers to the interest incurred on savings and time deposits of both
regular and associate members
This account refers to service charges, filing fees and other fees for borrowings
incurred by the cooperative.
Cost incurred in the promotion/distribution and selling og products and services of the
cooperatives.
This account refers to expenses incurred in the marketing and promoting the coop,
products and services (expenses related to pricing, promotion, place packaging.
This account refers to expenses incurred in the development of ccop, products and
services (expenses related to research and development)
This account refers to expenses incurred in the enhancement of existing products.
This account refers to amount incurred for services rendered by sales, part-time and
on-call employees.
This account refers to benefits given to employees other than salaries and wages such
as 13th month pay, bonus, allowances, termination or separation pay and others.
This account refers to amount paid to sales personnel and others as incentives.
This account refers to expenses incurred for advertising and promotion of
cooperatives' products.
This account refers to fees and related expenses incurred for professional services
rendered.
This account refers to the amount provided to authors for the right to the reproduction
of boks and related items that is made available for sale.
This account refers to expenses incurred for stationery an various supplies used in
store/canteen/kitchen and catering for selling/trading operations.
This account refers to expenses incurred for lost or breakage of kitchen/utensils after
deducting accumulated depreciation.
This account refers to amount incurred for the delivery of goods/services including
travelling expenses of sales personnel from the place of production/store to buyer
including lubricants.
This account refers to expenses incurred for unavoidable decay, breakage, expiration
or losses of goods beyond the normal condition.
This account refers to expenses incurred for temporary housing of merchandise/
goods.
This account refers to cost of electricity, water and/or gasoline/diesel, oil and
lubricants used for generators which are incurred in business operations.
This account refers to amount incurred for fares, gasoline and fule for service vehicles
borrowed or rented by the cooperative, toll fees, board and lodging, per diem and
meal allowance for employees while on official travel.
This account refers to expenses incurred to insure the assets/properties/ employees of

the cooperative and the bonds of accountable officers and employees.
This account refers to expenses incurred in the repair and maintence of each facility
and equipment except major repairs that do not prolong the life of the asset but
increase capacity and safety measures.
This account refers to amount incurred for the lease or rental of the building/ office
space, the utilized portion of the rent paid in advance.
Thisa ccount refers to amount incurred for the lease or rental of the building/ office
space, the utilized portion of the rent paid in advance.
This account refers to amount incurred for courier (letters), telephone, cell phone, e-
mail, fax, internet, messengerial, and all other means of communication.
This account refers to expenses incurred related to accomodating visitors and guest on
official business.
This account refers to amount incurred for gasoline, fuel and lubricants for service
vehicles, delivery vans and others
This account refers to amount provided for amortization of leasehold rights and
improvements.
This account refers to amount incurred for subscription or purchase of periodicals,
magazines and others.
Expenses incuured related to general administration and management of the
cooperative/enterprise
development.
This account refers to amount incurred for services rendered by directors, committee
members and officers.
This account refers to expenses incurred in judicial and quasi-judicial cases including
incidental costs where the coop is the complainant or respondent as authorized by the
BODs.
This account refers to an amount allocated by the cooperatives as support mechanism

to school program such as school food supplementation of identified under-nourished
cases and admininstration contigency fund, outreach program and school
development, etc. (applicable to school based cooperatives for canteen activity only)
This account refers to expenses incurred for office and various suppplies used in the
administration and conduct of business operation.
This account refers to amount incurred for the conduct of/attendance to meetings and
conferences.
This account refers to an amount incurred for officers and staff directly involved in
providing services for attending trainings and seminars/conducting seminars including
expenses related thereto after exhausting the CETF
This account refers to cost of electricity, water and/or gasoline/diesel, oil and
lubricants used for generators which are incurred in business operations.
This account refes to amount incurred for fares, toll fees, board of lodging, per diem,
and meal allowance of officers, employees directly involved in providing services while
on official travel.
This account refers to expenses incurred to insure the assets/properties/ employees of

the cooperative and the bonds of accountable officers and employees.
life of the asset.
Thos account refers to expenses incurred for building/ offce spaces or facilities leased
by the cooperative.
This account refers to expenses incurred for taxes, fees and charges due to
government entities, both national and local.
This account refers to amount incurred for courier (letters), telephone, cell phone, e-
mail, fax, internet, messengerial, and all other means of communication.
This account refers to expenses incurred related to accomodating visitors and guest on
official business.
This account refers to amount incurred for gasoline, fuel and lubricants for
cooperative's vehicles and for day to day operation
This account refers to amount, including commissions, incurred as incentives in
effecting the collection of loans of the cooperative
This account refers to expenses incurred for employing the services of security,
janitors. Messengers and other support services.
This account refers to allocation of cost over the estimated life of Property, Plant and
Equipment.
This account refers to amount provided for amortization of leasehold right and
improvements.
This account refers to allocation or provision for estimated losses arising from
probable uncollectible loans/accounts/ installment receivables.
This accounr refers to the allocation or provision for estimated losses or investments
This account refers to the difference between the carrying value and the recoverable
value of an asset.
This account refers to bank fees and other charges excluding cost of checkbooks.
This account refers to expenses incurred in the conduct of regular/special general

assembly.
This account refers to expenses incurred in providing for additional members' benefits
and social services.
This account refers to amount incurred to cover membership or registration fees and
annual due to a federation or union.
This account refers to expenses incurred by the cooperatives in its social community
involvement including solicitations and donations to charitable institutions.
This account refers to amount set up at the option of the cooperative for the provision
of CGF (KBGF). This is not part of the Statutory Fund.
Special transactions arising from the operations of the cooperatives.
This account refers to an amount deducted fro Project Subsidy fund to subsidize
project expenses. This shall appear in the statement of operation as a contra account
to subsidized project expenses
This account refers to an amount deducted from Donation and Grant to subsidize
depreciation charges on property and equipment funded by donation and grant
This account refers to an amount deducted from Optional Fund to subsidize

depreciation charge of property and equipment funded by Optional Fund
This account refers to portion of the Project Subsidy Fund expended for training,
salaries and wages and other activities subsidized by donations and grants and
optional fund.
This account refers to gains or losses derived from the sale of acquired
assets/properties and equipment.
This account refers to income earned or losses incurred from the disposal of
investments.
This account refers to income earned or losses incurred from the sale of repossessed
item.
This account refers to gains or Losses arising from retirement or convertion of foreign
currency exchange rate fluctuation per actual transaction
This account refers to adjustments on transactions affecting income and expenses
incurred in the previous years(s) which are taken up on the current year.
company name
GENERAL JOURNAL BOOK
CURRENT ASSETS
11120 11721 11711 11721 11170 11780 11750 12400 12200 12300 12400
Adjusting Advances to
DATE PARTICULARS Variance Checks & Other
Entry No. Loan Other Officers, Deposits to Unused Prepaid
Other Cash AR-PAAPDC AR-SJWSC Change Fund Receivable-
Receivable Receivable Employees & suppliers Supplies Expenses
Items Uniform
Members
01/31/15 Depreciation for the month of Jan 2015 0115-01 -
01/31/15 Accrual of 13th month pay for Jan 09 & 23, 2014 payout 0115-02 -
01/31/15 Recording of used Official Receipts for the month of Jan 2015 0115-03 - (300.30)
01/31/15 Amortization of DOLE Reg Fee for the month of Jan 2015 0115-04 - (694.44)
01/31/15 Accrual of 6% interest per annum on Savings Deposits 0115-05 -
01/31/15 Accrual of Xmas Party 2015 Expenses 0115-06 -
01/31/15 Accrual of Rent Expense & Water, Maintenance & Electric Consumption0115-07 -
01/31/15 Application of short on rediscounting to Misc. Income 0115-08 - (1,142.53)
01/31/15 Fully paid shares 0115-10 -
- - - - - - - (1,142.53) - - (300.30) (694.44)
NON
CURRENT CURRENT LIABILITIES EQUITY REVENUE 6000 COST OF SERVICES
ASSETS
14181 21100 21900 22400 23100 22100 22900 30210 30230 30400 40200 40110 40450 61230 61240 71200
Accumulate
Withholding Tax Preferred Deposit for Income from Interest Interest
d Savings Accrued Other Current Advances from Miscellaneous Employees' SSS/PHIC/ HMDF
SSS/EC Phil Health Pag Ibig Payable- Paid Up Share Capital Net Loss Service Income from Expense on
Depreciatio Deposits Expense Liabilities
Expanded
Customers Income Benefit Contribution
Capital Subscription Operations Loan Deposits
n
(181.32)
(75,018.97) 72,907.21
(611.97) 611.97
(10,000.00)
(12,000.00)
1,142.53
(4,500.00) 4,500.00
(181.32) (611.97) - - - (97,018.97) - - - (4,500.00) 4,500.00 1,142.53 - - - 72,907.21 - 611.97
7300 ADMINISTRATIVE
73230 73370 73460 73450 73440 73410 73640 73620 73470 73530
Social and
Members
Employees' Taxes, Fees & Repairs & Power, Light & Community
Office Supplies Rentals Benefit Communication Depreciation
Benefits Charges Maintenance Water Service
Expenses
Expenses
181.32
2,111.76
300.30
694.44
5,000.00 5,000.00
7,000.00 1,000.00 2,000.00 2,000.00
2,111.76 300.30 694.44 7,000.00 1,000.00 2,000.00 5,000.00 5,000.00 2,000.00 181.32 0.00
company name
CASH FLOWS 21000 C U R 73000 A D
CURRENT RENT LI MINIST
Other Income
ASSETS ABILITIE RATIVE
11100 11120 11170 11780 11780 22100
S 40410 40450 C73370
OST
DATE PAYEE PARTICULARS Variance CV# CHECK NO. Date Cleared Withholding
Cash in Bank Cash in Bank Checks and other Change Other Current Other Current Interest from Miscellaneous Office
Balance Tax Payable-
ABC-Dr ABC-Cr cash items Fund Receivables Receivables Deposits Income Supplies
Expanded
71,624.11
01/05/15 OR#4797 Rediscounting 0.00 0 0 12/30/99 15,632.81 87,256.92 (15,523.00) (109.81)
12/31/14 Int Int 0.00 0 0 12/30/99 18.75 106,802.64 (18.75)
01/09/15 PAMCO Fund transfer to ABC 0.00 1130 7103343 (70,000.00) 110,777.93 70,000.00
01/28/15 BIR Remittance of Withholding taxes on compensation for the month of 0.00 1163 7103347 (149.73) 49,944.55 149.73
01/28/15 BIR Remittance of Withholding taxes on Expanded for the month of Jan 0.00 1162 7103346 (1,333.33) 48,611.22 1,333.33
0.00 174,356.13
0.00 624,215.08 (521,483.06) 520,000.00 (620,512.00) - - 1,483.06 (18.75) (3,684.33) - ### -
ADD: OUTSTANDING CHECK/S

01/28/15 BIR Remittance of Withholding taxes on compensation for the month of 12/30/99 1163 7103347 12/30/99 149.73
01/28/15 BIR Remittance of Withholding taxes on Expanded for the month of Jan 12/30/99 1162 7103346 12/30/99 1,333.33
DEPOSIT FOR CLEARING
01/28/15 OR#4858 Rediscounting 12/30/99 12/30/99 12/30/99 12/30/99 (76,549.63)
(124,261.85)
BOOK BALANCE 50,094.28
BANK BALANCE 50,094.28
VARIANCE -
NOTE: Maintaining Balance 40,000.00
company name
CASH FLOWS
CURRENT ASSETS
11100 11120 11150 11170 11711
DATE PAYEE PARTICULARS Variance CV# CHECK NO. Date Cleared Petty Loans
Cash in Bank Cash in Bank Checks and other Change AR-GSMC
Balance Cash Receivables AR- PAAPDC AR-PAABI AR-PAAVI AR-SJWSC AR-SJRSG AR-GSMC SPL AR- PAMRBI AR-PSD AR-VSJLRI AR-PXSD
ABC-Dr ABC-Cr cash items Fund MKT
Fund Current
362,544.33
01/05/15 OR#4795 Rodolfo Regulacio's loan payment 0.00 0 0 12/30/99 42,080.00 404,624.33 (40,000.00)
01/07/15 OR#4799 SJWSC#BS#717#ABC#61426415 0.00 0 0 12/30/99 121,794.38 526,418.71 (121,794.38)
01/05/15 PAAPDC Housing loan payment of Carlito Pepito for t 0.00 PDC 56928493 01/05/15 (3,016.50) 523,402.21
01/05/15 PAAPDC Housing loan payment of Nolito Rodrigueza f 0.00 PDC 56928693 01/05/15 (3,227.94) 520,174.27
01/05/15 PAAPDC Housing loan payment of Paulo Meneses for t 0.00 PDC 56928699 01/05/15 (3,815.66) 516,358.61
01/08/15 Chona B Samson Consultancy fee for Jan 5,6,7 2015 0.00 1128 62788724 01/19/15 (3,150.00) 513,208.61 (1,250.00)
01/09/15 Various Employees Payroll period of Dec 21 2014- Jan 5, 2015; p 0.00 0 DM 01/09/15 (510,746.43) 2,462.18 (4,785.50)
01/09/15 UCPB Fund transfer from UCPB 0.00 0 0 12/30/99 70,000.00 72,462.18 (70,000.00)
01/09/15 Gara Resources Company Payment of PAMCO Uniform SI#7685 & 765 0.00 1134 62788730 (15,410.00) 57,052.18
01/09/15 Lilibeth C Cababat Change Fund 0.00 1029 62788726 01/12/15 (100,000.00) (42,947.82) 100,000.00
01/09/15 Roldan Montebor Payroll period of Dec 21 2014- Jan 5, 2015; p 0.00 1128 62788725 01/12/15 (3,422.29) (46,370.11)
01/09/15 OR#4804 Larrie Kris Morales' loan payment#ABC#614 0.00 0 0 12/30/99 1,026.68 (45,343.43) (916.68)
01/09/15 OR#4805 PAAVI#BS#719#PDB#9988580 0.00 0 0 12/30/99 41,497.85 (3,845.58) (41,497.85)
01/13/15 Villa San Jose Leisure Resorts Payment for Christmas Party Dinner 150pax 0.00 1132 62788728 01/20/15 (42,000.00) (45,845.58)
01/13/15 Marites M Silva Renewal of Business Permit for 2015 0.00 1133 62788729 01/16/15 (8,000.00) (53,845.58)
01/14/15 Mark Zyrus Concha Salary Loan 0.00 1135 62788731 01/14/15 (10,000.00) (63,845.58) 10,000.00
01/14/15 Lito Caranza Salary Loan 0.00 1136 62788732 01/16/15 (5,000.00) (68,845.58) 5,000.00
01/14/15 Cerilo Clutario Salary Loan 0.00 1137 62788733 01/16/15 (5,000.00) (73,845.58) 5,000.00
01/12/15 OR#4807 PAAPDC#BS#697/713#ABC#64860071 0.00 0 0 12/30/99 897,313.49 823,467.91 (897,313.49)
01/13/15 OR#4808 SJRSG#BS#716#ABC#57578260 0.00 0 0 12/30/99 16,479.49 839,947.40 (16,479.49)
01/13/15 OR#4809 GSD#BS#715#23009.56#PSD#BS#720#1802 0.00 0 0 12/30/99 41,038.28 880,985.68 (23,009.56) (18,028.72)
01/13/15 OR#4810 PAAFI#BS#723#ABC#63342090 0.00 0 0 12/30/99 8,687.95 889,673.63
01/13/15 OR#4811 VSJLRI#BS#721#ABC#61319402 0.00 0 0 12/30/99 60,396.08 950,069.71 (60,396.08)
01/14/15 OR#4812 PAPRI#BS#724#ABC#61320695 0.00 0 0 12/30/99 7,373.34 957,443.05
01/14/15 Lilibeth C Cababat Change Fund 0.00 1138 62788734 01/15/15 (100,000.00) 857,443.05 100,000.00
01/14/15 OR#4813-4820 Loan Payment & Deposit for share capital sub 0.00 0 0 12/30/99 81,125.00 938,568.05 (70,416.66)
01/12/15 Maricel Sarmiento Salary Loan 0.00 1131 62788727 01/14/15 (5,000.00) 933,568.05 5,000.00
01/15/15 Chona B Samson Consultancy fee for Jan 12,14,15 2015 0.00 1139 62788735 01/20/15 (4,500.00) 929,068.05
01/16/15 OR#4823-4833 PAAPDC staff loan payment Nov-Dec 2014, 0.00 0 0 12/30/99 30,559.88 959,627.93 (27,349.88)
01/16/15 OR#4834-4836 Sarmiento, Tercero & Arroyo's membership f 0.00 0 0 12/30/99 300.00 959,927.93
01/16/15 Fernando Silvestre Last Claim, (effective Jan 9 2015) 0.00 1139 62788736 01/19/15 (7,382.27) 952,545.66
01/19/15 Chona B Samson Consultancy fee for Jan 16 & 19, 2015 0.00 1141 62788738 01/22/15 (3,000.00) 799,545.66
01/20/15 OR#4838-4843 Deposit for Share cap subs of Escobar, men 0.00 0 0 12/30/99 6,200.00 805,745.66
01/20/15 OR#4844 PXSD#BS#722/734ABC#61203359 0.00 0 0 12/30/99 21,642.16 827,387.82 (21,642.16)
01/20/15 OR#4845 SJRSG#BS#728#ABC#57578271 0.00 0 0 12/30/99 10,667.30 838,055.12 (10,667.30)
01/20/15 OR#4846-4847 GSD#BS#727#PSD#BS#732#ABC#6153070 0.00 0 0 12/30/99 30,965.99 869,021.11 (18,381.74) (12,584.25)
01/20/15 OR#4848 SJWSC#BS#729#ABC#61426433 0.00 0 0 12/30/99 115,607.48 984,628.59 (115,607.48)
01/20/15 OR#4849 PAAFI#BS#735#ABC#63342092 0.00 0 0 12/30/99 6,937.04 991,565.63
01/20/15 OR#4850 VSJLRI#BS#733#ABC#61319416 0.00 0 0 12/30/99 63,972.87 1,055,538.50 (63,972.87)
01/21/15 OR#4851 PAPRI#BS#736#ABC#63923102 0.00 0 0 12/30/99 5,434.00 1,060,972.50
01/21/15 OR#4852 Liboon's membership fee 0.00 0 0 12/30/99 100.00 1,061,072.50
01/22/15 UCPB Fund transfer from UCPB 0.00 0 0 12/30/99 300,000.00 1,361,072.50 (300,000.00)
01/22/15 OR#4854 Dennis Delos Santos' loan payment#cash 0.00 0 0 12/30/99 23,500.00 1,384,572.50 (21,500.00)
01/22/15 OR#4855 PAABI#BS#626#ABC#62225645 0.00 0 0 12/30/99 138,462.03 1,523,034.53 (138,462.03)
01/23/15 Various Employees Payroll period Jan 6-20, 2015, Payout Jan 23 0.00 1140 DM 01/23/15 (721,912.45) 801,122.08 81,214.50
01/20/15 Marites M Silva Petty expenses for the period of Jan 5-19 201 0.00 1142 62788739 01/23/15 (1,241.00) 649,881.08
01/29/15 UCPB Fund transfer from UCPB 0.00 0 0 12/30/99 150,000.00 799,881.08 (150,000.00)
01/23/15 Rommel Gumayan Last Claim, (effective Dec 27 2014) 0.00 1141 62788740 02/02/15 (4,369.53) 795,511.55
01/26/15 Ruben Ymata Last Claim, (effective Jan 16 2015 0.00 1144 62788741 01/29/15 (4,544.26) 790,967.29
01/26/15 Bernard Tercero Salary Loan 0.00 1145 62788742 01/29/15 (5,000.00) 785,967.29 5,000.00
01/26/15 Romualdo Pelino Salary Loan 0.00 1146 62788743 02/02/15 (5,000.00) 780,967.29 5,000.00
01/26/15 Jessie James Liboon Salary Loan 0.00 1147 62788744 01/28/15 (5,000.00) 775,967.29 5,000.00
01/26/15 Social Security System Remittance of SSS/EC Contributions for the 0.00 1150 62788746 02/02/15 (143,085.00) 632,882.29
01/26/15 Social Security System Remittance of SSS Loan Payments for the mon 0.00 1151 62788747 02/02/15 (28,045.95) 604,836.34
01/26/15 Philippine Health Insurance Corporatio Remittance of PHIC Contributions for the mo 0.00 1152 62788748 02/11/15 (27,225.00) 577,611.34
01/26/15 Home Development Mutual Fund Remittance of HDMF Contributions for the m 0.00 1153 62788749 (23,400.00) 554,211.34
01/26/15 Home Development Mutual Fund Remittance of HDMF Loan Payments for the 0.00 1154 62788750 (17,326.06) 536,885.28
01/26/15 Louis T Alvarez Remittance of Mutual Loan Payment of Terce 0.00 1155 62788751 1,888.90 (944.45) 537,829.73
01/26/15 P. A. Prime Homes Inc Remittance of House Rental of various employ 0.00 1156 62788752 (18,800.00) 519,029.73
01/26/15 Ma. Socorro Niones Remittance of Cash Advance of Villa Employe 0.00 1157 62788753 (2,067.50) 516,962.23
01/28/15 Chona B Samson Consultancy fees for Jan 24, 26, 27, 2015 0.00 1158 62788754 02/02/15 (4,500.00) 512,462.23
01/28/15 Jomel Latigay Last Claim effective Jan 16 2015 0.00 1159 62788755 01/30/15 (6,275.91) 506,186.32
01/28/15 Jaime Arellano Last Claim of Ryan James Arellano effective 0.00 1160 62788756 (3,509.63) 502,676.69
01/28/15 Bryan Toffer Nunez Salary Loan 0.00 1161 62788757 01/30/15 (3,000.00) 499,676.69 3,000.00
01/29/15 OR#4859 PAAPVI#BS#703#PDB#9988585 0.00 0 0 12/30/99 43,867.63 543,544.32 (43,867.63)
01/30/15 OR#4861 SJWSC#BS#743#ABC#61426452 0.00 0 0 12/30/99 127,987.61 671,531.93 (127,987.61)
0.00 2,466,905.43 (2,157,917.83) (520,000.00) - 500,000.00 (42,004.22) (897,313.49) (138,462.03) (85,365.48) (365,389.47) (27,146.79) (41,391.30) - - (30,612.97) (124,368.95) (21,642.16)
ADD: OUTSTANDING CHECK/S

10/15/14 Gara Resources Company Payment for PAMCO Uniform-SI.7619,DR.0898 no check yet 3,190.00
Louis T Alvarez Remittance of Nov 2014 Mutual loan payment of Tercero 1,888.90
01/05/15 John Leo Remolacio Last Claim; Oct 16 2014 4518.92 no check yet 4,518.92
01/09/15 Gara Resources Company Payment of PAMCO Uniform SI#7685 & 765 12/30/99 1134 62788730 15,410.00
01/23/15 Rommel Gumayan Last Claim, (effective Dec 27 2014) 12/30/99 1141 62788740 4,369.53
01/26/15 Bernard Tercero Salary Loan 12/30/99 1145 62788742 5,000.00
01/26/15 Romualdo Pelino Salary Loan 12/30/99 1146 62788743 5,000.00
01/26/15 Social Security System Remittance of SSS/EC Contributions for the 12/30/99 1150 62788746 143,085.00
01/26/15 Social Security System Remittance of SSS Loan Payments for the mon12/30/99 1151 62788747 28,045.95
01/26/15 Philippine Health Insurance Corporatio Remittance of PHIC Contributions for the mo 12/30/99 1152 62788748 27,225.00
01/26/15 Home Development Mutual Fund Remittance of HDMF Contributions for the m 12/30/99 1153 62788749 23,400.00
01/26/15 Home Development Mutual Fund Remittance of HDMF Loan Payments for the 12/30/99 1154 62788750 17,326.06
01/26/15 Louis T Alvarez Remittance of Mutual Loan Payment of Terce 12/30/99 1155 62788751 944.45
01/26/15 P. A. Prime Homes Inc Remittance of House Rental of various employ12/30/99 1156 62788752 18,800.00
01/26/15 Ma. Socorro Niones Remittance of Cash Advance of Villa Employe12/30/99 1157 62788753 2,067.50
01/28/15 Chona B Samson Consultancy fees for Jan 24, 26, 27, 2015 12/30/99 1158 62788754 4,500.00
01/28/15 Jomel Latigay Last Claim effective Jan 16 2015 12/30/99 1159 62788755 6,275.91
01/28/15 Jaime Arellano Last Claim of Ryan James Arellano effective 12/30/99 1160 62788756 3,509.63
01/28/15 Bryan Toffer Nunez Salary Loan 12/30/99 1161 62788757 3,000.00 317,556.85
LESS: DEPOSITS FOR CLEARANCE

01/30/15 OR#4861 SJWSC#BS#743#ABC#61426452 12/30/99 12/30/99 12/30/99 (127,987.61)
(127,987.61)
BOOK BALANCE 861,101.17
BANK BALANCE 861,101.17
VARIANCE -
NOTE: Maintaining Balance 250,000.00

PAYABLES:
250,000.00
Available (Deficit) Book Balance less Appropriated Fund 421,531.93

OTHER NON
OTHER CURRENT Income frm
CURRENT PPE 21000 C U R R E N T LIABILITIES EQUITY Other Incom
ASSETS Credit Oprtn.
11750 11750 11780 11780 12400 14180 12200 ASSETS
17900 14180 21100 21900 22000 22100 22400 22500 22600 22700 22800 22900 23000 23100 30210 30230 40110 40410
Advances to School
Advances to Interest on Due to
Employees/ Other Other Furniture, Furniture, SSS/EC PHIC HMDF HMDF Withholding Accrued Patronage Deposits Program Paid-up Share Deposit for
Employees/ Prepaid Unused Deposits to Miscellaneous SSS Loans Share Union/Feder Advances from Other Current Share Capital Interest Income Interest from
AR-SA AR-PTT Members Current Receivable- Fxtures & Fixtures & Saving Deposits Premium Cont. Premium Cont. Premium Cont. Loans Tax Payable- Expense Refund from Support Capital
Members Expenses Supplies Suppliers Assets Payable Capital ation Customers Liabilities from Loans Deposits
(C/A) Receivables Uniform Equipment Equipment Payable Payable Payable Payable Expanded Payable Payable Customers Fund (Preferred) Subscription
(C/A) (HIM) Payable (CETF)
(Liquidated) Payable
(2,080.00)
3,016.50
3,227.94
3,815.66
(500.00) (100.00)
(110.00) (2,760.00) (41,650.00) (28,775.45) (18,215.59) (15,025.27) (1,000.00) (292.50)
15,410.00
(120.00) (200.00)
(110.00)
42,000.00
8,000.00
(8,687.95)
(7,373.34)
(5,000.00) (5,708.34)
(500.00)
(3,210.00)
3,917.34 290.05 2,000.00
(333.33)
(1,000.00) (5,200.00)
(6,937.04)
(5,434.00)
(2,000.00)
(100.00) (2,155.00) (43,900.00) (143,085.00) (27,225.00) (23,400.00) 1,592.00 889.53 (4,235.22) (16,517.88) (2,200.00) (392.50)
1,535.25 51.03 2,000.00

183.05 90.00
143,085.00
28,045.95
27,225.00
23,400.00
17,326.06
(944.45)
18,800.00
2,067.50
(500.00)
2,250.00 (1,040.00)
(15,624.99) (12,807.34) (210.00) 8,000.00 - 10,375.00 - - - - - - (78,847.41) - - - 862.50 - (6,068.55) 42,524.13 - - - - - - (2,510.00) 4,000.00 (13,600.00) (13,893.34) -
Other Income 6000 C O S T OF S E R V I C E S 73000 A D M I N I S T R A T I V E C O S T
40420 40450 61000 61210 61230 61230 61230 61240 73210 73230 73230 73240 73370 73380 73390 73390 73410 73420 73430 73440 73450 73460 73470 73480 73490 73500 73510 73520 73590 73600
SSS/PHIC/H Meetings Trainings Trainings Repairs

Labor & Employees' SSS/PHIC/ Employees' Gas, Oil General
Miscellaneous Employees' Employees' Salaries & Employees' MDF Office & & & Power, Light Travel & & Taxes, Fees & Communicat Representati Collection Miscellaneou Impairme Bank
Membership Fee Tech Salaries & Wages Benefit- 13th HMDF Benefit- Insurance Rentals & Support
Income Benefit- COLA Benefit- SEA Wages Benefits Contribution Supplies Conference Seminars Seminars & Water Transportation Maintenanc Charges ion on Expense s nt Losses Charges
Supervision MP Contribution Medical Lubricants Services
s s (T &S) (Consultancy) e
5,000.00
600,034.54 1,125.00 8,984.63 13,216.57
3,664.29 78.00
5,000.00
(300.00)
1,087.50 87.38
3,333.33
(100.00)
745,355.24 2,760.00 17,506.94 119,078.30 14,222.54 2,504.00
300 297 644
699.00 26.00 58.25

3,849.96 130.00 291.25
5,000.00
4,696.41 136.50 233.00
3,220.42 82.50 206.71
(400.00) - - 1,362,607.36 3,967.50 26,862.07 876.59 119,078.30 27,439.11 300.00 - 2,504.00 297.00 - - 18,333.33 - 644.00 - - - - - - - - - - - - ### -
SALES JOURNAL BOOK
CURRENT ASSETS
11721 11721 11721 11721 11721 11721 11721 11721 11721 11721
DATE Client PARTICULARS Variance BS# OR# AR-GSMC AR-GSMC
AR- PAAPDC AR-PAABI AR-PAAVI AR-SJWSC AR-SJRSG AR- PAMRBI AR-PSD AR-VSJLRI
SPL MKT
01/09/15 PAAPDC Dec. 21-Jan 5, 2015 - 0725 304,020.57
01/09/15 PAABI Dec. 21-Jan 5, 2015 - 0726 97,177.43
01/09/15 GSD Dec. 21-Jan 5, 2015 - 0727 18,381.74
01/09/15 SJRSG Dec. 21-Jan 5, 2015 - 0728 10,667.30
01/09/15 SJWSC Dec. 21-Jan 5, 2015 - 0729 115,607.48
01/09/15 PAMRBI Dec. 21-Jan 5, 2015 - 0730 34,482.52
01/09/15 GSMCMKT Dec. 21-Jan 5, 2015 - 0730 8,999.79
01/09/15 PAAPVI Dec. 21-Jan 5, 2015 - 0731 22,826.88
01/09/15 PSD Dec. 21-Jan 5, 2015 - 0732 12,584.25
01/09/15 VSJLR Dec. 21-Jan 5, 2015 - 0733 63,972.87
01/09/15 PXSD Dec. 21-Jan 5, 2015 - 0734
01/09/15 PAAFI Dec. 21-Jan 5, 2015 - 0735
01/09/15 PTT Dec. 21-Jan 5, 2015 - 0736
01/15/15 PAAPDC Jan 6-8, 2015 Silvestre - 0737 1,292.36
01/20/15 PAAPDC Dec 21-26 2014 Gumayan/Jan 6-16 201 0738 5,559.91
01/23/15 PAAPDC Jan 6- 20, 2015 - 0739 470,211.68
01/23/15 PAABI Jan 6- 20, 2015 - 0740 170,776.94
01/23/15 GSD Jan 6- 20, 2015 - 0741 27,025.33
01/23/15 SJRSG Jan 6- 20, 2015 - 0742 16,660.53
01/23/15 SJWSC Jan 6- 20, 2015 - 0743 127,987.61
01/23/15 PAMRBI Jan 6- 20, 2015 - 0744 53,630.00
01/23/15 GSMCMKT Jan 6- 20, 2015 - 0744 14,509.94
01/23/15 PAAPVI Jan 6- 20, 2015 - 0745 39,222.34
01/23/15 PSD Jan 6- 20, 2015 - 0746 16,500.68
01/23/15 VSJLR Jan 6- 20, 2015 - 0747 51,657.69
01/23/15 PXSD Jan 6- 20, 2015 - 0748
01/23/15 PAAFI Jan 6- 20, 2015 - 0749
01/23/15 PTT Jan 6- 20, 2015 - 0750
01/26/15 PAABI Nov 21-Dec 3 2014-Arellan - 0751 9,433.09
- 781,084.52 277,387.46 62,049.22 243,595.09 27,327.83 45,407.07 23,509.73 88,112.52 29,084.93 115,630.56
REVENUES
11721 11721 11721 40140 40210
AR-PXSD AR- SA AR-PTT
Fines, Service
Penalties,& Income
(304,020.57)
(97,177.43)
(18,381.74)
(10,667.30)
(115,607.48)
(34,482.52)
(8,999.79)
(22,826.88)
(12,584.25)
(63,972.87)
6,055.07 (6,055.07)
6,937.04 (6,937.04)
5,434.00 (5,434.00)
(1,292.36)
(5,559.91)
(470,211.68)
(170,776.94)
(27,025.33)
(16,660.53)
(127,987.61)
(53,630.00)
(14,509.94)
(39,222.34)
(16,500.68)
(51,657.69)
14,237.47 (14,237.47)
9,437.42 (9,437.42)
9,638.57 (9,638.57)
(9,433.09)
20,292.54 16,374.46 15,072.57 - (1,744,928.50) -

Company Name
GENERAL LEDGER AND TRIAL BALANCE
GENERAL LEDGER
ACCOUNT TITLE
12/31/2014 1/31/2015
GJ CD/CR SJ
ASSETS
CURRENT ASSETS
Cash and Cash Equivalent
Cash in Bank-ABC 362,544.33 308,987.60 671,531.93
Cash in Bank-UCPB 71,624.11 102,732.02 174,356.13
Checks and other cash items - - -
Petty Cash Fund 3,000.00 3,000.00
Change Fund 158,132.00 - (120,512.00) 37,620.00
Accounts Receivables Trade- Current -
PAAPDC 2,215,908.18 - (897,313.49) 781,084.52 2,099,679.21
PAABI 1,357,246.14 (138,462.03) 277,387.46 1,496,171.57
GSMC-SPL 23,009.56 - (41,391.30) 45,407.07 27,025.33
GSMC-MKTI 579,539.25 - 23,509.73 603,048.98
PAAVI 360,598.97 (85,365.48) 62,049.22 337,282.71
SJRSGI 16,479.49 (27,146.79) 27,327.83 16,660.53
SJWSC 121,794.38 (365,389.47) 243,595.09 -
PAMRBI 766,537.61 - 88,112.52 854,650.13
PSD 18,028.72 (30,612.97) 29,084.93 16,500.68
VSJLRI 60,396.08 (124,368.95) 115,630.56 51,657.69
PXSD 15,587.09 (21,642.16) 20,292.54 14,237.47
SA-PAAFI 8,687.95 (15,624.99) 16,374.46 9,437.42
PTT 7,373.34 (12,807.34) 15,072.57 9,638.57
Loans Receivables Current 563,307.11 - (42,004.22) 521,302.89
Advances to Officers, Employees and Members -
HIM 201,990.00 201,990.00
Marxxxxxxxxxxxxx 419.33 (210.00) 209.33
For Liquidation 281.01 8,000.00 8,281.01
Short on Rediscounting 1,142.53 (1,142.53) -
Other Current Receivables-SSS Reimbursements -
Uniform - 10,375.00 10,375.00
SSS Sickness Reimbursements-Silvestre -
SSS Maternity Reimbursements - - -
SSS Sickness Reimbursements-Villarosa -
Deposits to Suppliers 9,760.00 - 9,760.00
Unused Supplies 3,582.60 (300.30) - 3,282.30
Prepaid Expenses 17,664.96 (694.44) - 16,970.52
Furniture, Fixtures & Equipment (FFE) 234,178.00 - 234,178.00
Accumulated Depreciation -FFE (184,788.87) (181.32) (184,970.19)
Miscellaneous Asset -Termination Fee-PLDT - -
LIABILITIES -
Savings Deposits (108,378.44) (611.97) (78,847.41) (187,837.82)
SSS/EC - - -
Phealth - - -
Pag-ibig - - -
SSS Loans Payable (862.50) - 862.50 -
Pag-ibig Loans Payable - - -
Withholding Tax Payable 2,160.23 - (4,585.49) (2,425.26)
Accrued Expense (76,296.57) (97,018.97) 42,524.13 (130,791.41)
Interest on Share Capital Payable (13,832.70) (13,832.70)
Patronage Refund Payable (5,928.30) (5,928.30)
Advances from Customers(paapdc) (2,218,191.25) - - (2,218,191.25)
Other Current Liabilities (71,413.98) - (2,510.00) (73,923.98)
EQUITY -
Paid-up Share Capital- Common (3,156,200.00) - (3,156,200.00)
Paid-up Share Capital- Preferred (180,000.00) (4,500.00) 4,000.00 (180,500.00)
Deposit for Share Capital Subscription (5,700.00) 4,500.00 (13,600.00) (14,800.00)
Net Income /Loss- Beg of the year (1,122,682.35) 1,142.53 - (1,121,539.82)
Statutory Funds (36,698.01) (36,698.01)
STATEMENT OF OPERATIONS -
REVENUE ITEMS -
Interest Income from Loans - (13,893.34) (13,893.34)
Income from Service Operations - (1,744,928.50) (1,744,928.50)
Income/Interest from Investment/ Deposits (18.75) (18.75)
Membership Fee (400.00) (400.00)
Miscellaneous Income - (3,684.33) (3,684.33)
Cost of Services -
Salaries and Wages 1,362,607.36 1,362,607.36
Provision for 13th Month Pay 72,907.21 876.59 73,783.80
COLA 3,967.50 3,967.50
SEA 26,862.07 26,862.07
SSS, Philhealth, Pag-ibig Contribution - 119,078.30 119,078.30
EXPENSES -
Interest Expenses on Deposits 611.97 611.97
Administrative Cost -
Salaries and Wages - 27,439.11 27,439.11
Employees' Benefits -
Allowances - -
13th Month Pay 2,111.76 2,111.76
Meal Allowances (Off-Base) 300.00 300.00
Medical Assistance - -
SSS, Philhealth, Pag-ibig Contribution - 2,504.00 2,504.00
Office Supplies 300.30 297.00 597.30
Trainings and Seminars - -
Consultancy Fees 18,333.33 18,333.33
Power, Light and Water 2,000.00 - 2,000.00
Travel and Transportion 644.00 644.00
Insurance - -
Repairs and Maintenance 1,000.00 - 1,000.00
Rentals 7,000.00 - 7,000.00
Taxes, Fees and Charges 694.44 - 694.44
Communication 2,000.00 - 2,000.00
Representation - -
Miscellaneous Expenses - -
Depreciation 181.32 181.32
Bank Charges - -
General Assembly Expenses - -
Members Benefit Expenses 5,000.00 5,000.00
Social and Community Service Expense 5,000.00 5,000.00
- 0.00 - - (0.00)
Trial Balance
dr cr Difference Inc
(Dec)
671,531.93 308,987.60
174,356.13 102,732.02
- -
3,000.00 -
37,620.00 (120,512.00)
- -
2,099,679.21 (116,228.97)
1,496,171.57 138,925.43
27,025.33 4,015.77
603,048.98 23,509.73
337,282.71 (23,316.26)
16,660.53 181.04
- (121,794.38)
854,650.13 88,112.52
16,500.68 (1,528.04)
51,657.69 (8,738.39)
14,237.47 (1,349.62)
9,437.42 749.47
9,638.57 2,265.23
521,302.89 (42,004.22)
- -
201,990.00 -
209.33 (210.00)
8,281.01 8,000.00
- (1,142.53)
- -
10,375.00 10,375.00
- -
- -
- -
9,760.00 -
3,282.30 (300.30)
16,970.52 (694.44)
234,178.00 -
184,970.19 (181.32)
- -
- -
187,837.82 (79,459.38)
- -
- -
- -
- 862.50
- -
(2,425.26) (4,585.49)
130,791.41 (54,494.84)
13,832.70 -
5,928.30 -
2,218,191.25 -
73,923.98 (2,510.00)
- -
3,156,200.00 -
180,500.00 (500.00)
14,800.00 (9,100.00)
1,121,539.82 1,142.53
36,698.01 -
- -
- -
13,893.34 (13,893.34)
1,744,928.50 (1,744,928.50)
18.75 (18.75)
400.00 (400.00)
3,684.33 (3,684.33)
-
1,362,607.36 1,362,607.36
73,783.80 73,783.80
3,967.50 3,967.50
26,862.07 26,862.07
119,078.30 119,078.30
- -
611.97 611.97
- -
27,439.11 27,439.11
- -
- -
2,111.76 2,111.76
300.00 300.00
- -
2,504.00 2,504.00
597.30 597.30
- -
18,333.33 18,333.33
2,000.00 2,000.00
644.00 644.00
- -
1,000.00 1,000.00
7,000.00 7,000.00
694.44 694.44
2,000.00 2,000.00
- -
- -
181.32 181.32
- -
- -
5,000.00 5,000.00
5,000.00 5,000.00
9,088,138.40 9,088,138.40 -
-
Company Name Company Name
Statement of Financial Condition Statement of Changes in Equity
As of Jan 31, 2015 As of Jan 31, 2015
Paid up Share
Capital- Common
ASSETS
CURRENT ASSETS Beginning 3,156,200.00
Cash and Cash Equivalent
Cash in Bank-ABC 671,531.93 2015 Net Income (Loss)
Cash in Bank-UCPB 174,356.13
Checks and other cash items -
Petty Cash Fund 3,000.00 Additional Investment -
Change Fund 37,620.00 Net Loss- Adjustment
Accounts Receivables Trade- Current Net Loss-Share of Resigned Members
PAAPDC 2,099,679.21
PAABI 1,496,171.57 Ending 3,156,200.00
GSMC-SPL 27,025.33
GSMC-MKTI 603,048.98 -
PAAVI 337,282.71
SJRSGI 16,660.53
SJWSC -
PAMRBI 854,650.13
PSD 16,500.68
VSJLR 51,657.69
PXSD 14,237.47
PAAFI_SA 9,437.42
PTT 9,638.57
Loans Receivables Current 521,302.89
Advances to Officers, Employees and Members
HIM 201,990.00
For Liquidation 8,281.01
xxxxxxxxxx 209.33
Withholding Tax -
Other Current Receivables
Uniform 10,375.00
SSS Sickness Reimbursements-Silvestre -
SSS Maternity Reimbursements -
SSS Sickness Reimbursements-Villarosa -
Deposits to Suppliers 9,760.00
Unused Supplies 3,282.30
Prepaid Expenses 16,970.52
NON CURRENT ASSETS
Property, Plant and Equipment
Furniture, Fixtures & Equipment (FFE) 234,178.00
Accumulated Depreciation -FFE (184,970.19)
7,243,877.21
LIABILITIES -
CURRENT LIABILITIES -
Savings Deposits 187,837.82
SSS, PHIC & HDMF Premium Contri. Payable -
SSS Loans Payable -
HDMF Loans Payable -
Withholding Tax Payable 2,425.26
Accrued Expense 130,791.41
Advances from Customers(paapdc) 2,218,191.25
Other Current Liabilities 73,923.98
Interest on Share Capital Payable 13,832.70
Patronage Refund Payable 5,928.30
EQUITY
Paid-up Share Capital- Common 3,156,200.00
Paid-up Share Capital- Preferred 180,500.00 85 people
Deposit for Share Capital Subscription 14,800.00
Statutory Funds 36,698.01
Net Income /Loss- Beg of the year 1,121,539.82
2013 Net Income (Loss) 101,208.66
7,243,877.21 -
Company Name
STATEMENT OF OPERATIONS
For the year to date ended Jan 31, 2015
Ratio Over
Jan. to December 2015 Jan 2015
Ratio Over GS
GS
Revenue
Income from Service Operations 1,744,928.50 100% 1,744,928.50 100%
Cost of Services -
Salaries and Wages 1,362,607.36 1,362,607.36
Employees' Benefits
Provision for 13th Month Pay 73,783.80 73,783.80
COLA 3,967.50 3,967.50
SEA 26,862.07 26,862.07
SSS, Philhealth, Pag-ibig Contribution 119,078.30 119,078.30
Total Cost of Services 1,586,299.03 91% 1,586,299.03 91%
Net Revenue on Service Operations 158,629.47 9% 158,629.47 9%
Other Income
Fines, Penalties, Surcharges - -
Interest Income from Loans 13,893.34 13,893.34
Income/Interest from Investment/ Deposits 18.75 18.75
Membership Fee 400.00 400.00
Miscellaneous Income 3,684.33 3,684.33
Total Other Income 17,996.42 17,996.42
Total Net Revenue 176,625.89 10% 176,625.89 10%
Financing Cost
Interest Expenses on Deposits 611.97 611.97
Administrative Cost
Salaries and Wages 27,439.11 27,439.11
Employees' Benefits
Allowances - -
13th Month Pay 2,111.76 2,111.76
Meal Allowances (Off-Base) 300.00 300.00
Medical Assistance - -
SSS, Philhealth, Pag-ibig Contribution 2,504.00 2,504.00
Office Supplies 597.30 597.30
Trainings and Seminars - -
Consultancy Fees 18,333.33 18,333.33
Power, Light and Water 2,000.00 2,000.00
Travel and Transportion 644.00 644.00
Insurance - -
Repairs and Maintenance 1,000.00 1,000.00
Rentals 7,000.00 7,000.00
Taxes, Fees and Charges 694.44 694.44
Communication 2,000.00 2,000.00
Representation - -
Miscellaneous Expenses - -
Depreciation 181.32 181.32
Bank Charges - -
Members Benefit Expenses 5,000.00 5,000.00
Social and Community Service Expense 5,000.00 5,000.00
General Assembly Expenses - -
Total Administrative Expenses 74,805.26 4% 74,805.26 4%
Net Income (Loss) Cumulative 101,208.66 6% 101,208.66 6%

Paid up Share Deposit for Share
Capital- Capital Net Income Statutory Funds TOTAL
Preferred Subscription
180,000.00 5,700.00 - 36,698.01
101,208.66
500.00 9,100.00 1,121,539.82

-
-
180,500.00 14,800.00 101,208.66 1,158,237.83 4,610,946.49
- - - - -
Statement of Cash Flows
For the Month Ended Jan 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES

Net Surplus (Loss) 101,208.66
Adjustment to reconcile net surplus to net cash
provided by operating activities
Depreciation 181.32
Prior Period Adjustment (1,142.53)
Change in assets and liabilities
Decrease (Increase) in:
Accounts Receivables Trade 15,196.47
Loan Receivable 42,004.22
Advances to Officers, Employees and Members (6,647.47)
Other Current Receivable (10,375.00)
Deposit to Suppliers -
Unused Supplies 300.30
Prepaid Expenses 694.44
Savings Deposits 79,459.38
Mandatory Payables 3,722.99
Accrued Expenses 54,494.84
Advances from Client- PAAPDC -
Other Current Liabilities 2,510.00
Net cash provided by (used in) operating activities 281,607.62
CASH FLOWS FROM INVESTING ACTIVITIES

Acquisition of Furnitures, Fixtures and Equipment -
Net cash provided by (used in) investing activities -
CASH FLOWS FROM FINANCING ACTIVITIES

Proceeds from Share Capital Contributions 9,600.00
Net cash provided by (used in) financing activities 9,600.00
NET INCREASE (DECREASE) IN CASH 291,207.62

CASH AND CASH EQUIVALENTS, BEG 595,300.44
CASH AND CASH EQUIVALENTS, END 886,508.06
886,508.06
See accompanying notes to financial statements
- -
-

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Standard Chart of Accounts: Company Name

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STANDARD CHART OF ACCOUNTS

11000-12000 CURRENT ASSETS

11100 Cash and Cash Equivalent

11110 Cash on Hand

11120 Chescks & Other Cash Items (COCI)

11130 Cash in Bank

11140 Cash in Cooperative Federation

11150 Petty Cash Fund

11160 Revolving Fund

11170 Change Fund

11200 Investment at Fair Value through Profit or Loss

11310 Hled-to- Maturity (HTM) Financial Assets

11310 Unamortized Discount/ Premium -HTM

11400 Available-for-Sale (AFS) Financial Assets

11420 Allowance for Probable Losses-AFS FA

11500 Unquoted debt Securities Clasified as Loan

Investment in Non-Marketable Equity Securities

11610 Allowance for Probable Losses- INMES

11700 Loans and Receivables

11711 Loans Receivable-Current

11714 Loans Receivable-Loans in Litigation

11715 Unearned Interest and Discounts

11716 Allowance for Probable Losses on Loans

11721 Accounts Receivables Trade- Current

11722 Account Receivables Trade- Past Due

11723 Accounts Receivables Trade- Restructured

11724 Accounts ReceivablesTrade- in Litigation

Allowance for Probable Losses on Accounts

11730 Installment Receivables- Current

11731 Installment Receivables- Past Due

11733 Installment Receivables- Restructured

11734 Installment Receivables- in Litigation

Allowance for Probable Losses on Installment

11740 Sales Contract Receivable

Allowance for Probable Losses-Sales Contract

11750 Advances to Officers, Employees and Members

11760 Due from Accountable Officers and Employees

11770 Finance Lease Receivable

11780 Other Current Receivables

11810 Merchandise Inventory

11820 Repossessed Inventories

11830 Spare Parts/Materials& Other Goods Inventory

11840 Raw Materials Inventory

11850 Work in Process Inventory

11860 Finished Goods Inventory

11870 Agricultural Produce

11890 Allowance for the Decline in Value of Inventory

11900 Biological Assets

12000 Other Current Assets

12100 Input Tax

12200 Deposits to Suppliers

12400 Prepaid Expenses

13000-17000 NON CURRENT ASSETS

13100 Held-to-Maturity (HTM) Financial Assets

13110 Un-amortized Discount/ Premium- HTM

13200 Available-for-Sale (AFS) Financial Assets

13210 Accumulated Gains/Losses-AFS

13220 Allowance fro Probable Losses-AFS FA

13300 Unquoted debt Securities Clasified as Loan

Investment in Non-Marketable Equity Securities

13410 Allowance for Probable Losses-INMES

Investment in Subsidiaries/ Associates and Joint