LOOSE LEAF ENTERPRISE

Balance Sheet
As of April 2019

Assets Liabilities and Capital

Cash ₱ 37,500 Liabilities
Capital

Capital Investments
Net Income

Total Assets ₱ 37,500 Total Liabilities and Capital

₱ -

₱ 30,000.0
₱ 7,500

₱ 37,500
 LOOSE LEAF ENTERPRISE
Income Statement
For the year ended April 31,2019

Total February March

Unit Sold 150 pcs 50 pcs 50 pcs
Sales ₱ 37,500.00 ₱ 12,500.00 ₱ 12,500.00
Less Cost of Sales ₱ 27,000.00 ₱ 9,000.00 ₱ 9,000.00
Gross Profit ₱ 10,500.00 ₱ 2,500.00 ₱ 2,500.00
Less Expense
Transportation Expense ₱ 500.00 ₱ 166.00 ₱ 167.00
Marketing and Promotion Expense ₱ 1,500.00 ₱ 500.00 ₱ 500.00
Utilities Expense ₱ 1,000.00 ₱ 334.00 ₱ 333.00
Total Expenses ₱ 3,000.00 ₱ 1,000.00 ₱ 1,000.00
Net Income ₱ 7,500.00 ₱ 2,500.00 ₱ 2,500.00
 April
50 pcs
₱ 12,500.00
₱ 9,000.00
₱ 2,500.00

₱ 167.00
₱ 500.00
₱ 333.00
₱ 1,000.00
₱ 2,500.00
 LOOSE LEAF ENTERPRISE
Cash Flow Statement
For the year ended April 31,2019

January February March April

Cash Beginning ₱ - ₱ 24,850.00 ₱ 32,107.00 ₱ 34,657.00

Add Contribution ₱ 30,000.00 ₱ - ₱ -
Add Sales ₱ - ₱ 12,500.00 ₱ 12,500.00 ₱ 12,500.00
Total ₱ 30,000.00 ₱ 37,350.00 ₱ 44,607.00 ₱ 47,157.00
Less Cash Flow
Raw Material Expense ₱ 4,000.00 ₱ 4,000.00 ₱ 8,000.00 ₱ 8,000.00
Transportation Expense ₱ 100.00 ₱ 83.00 ₱ 200.00 ₱ 117.00
Marketing Expense ₱ 300.00 ₱ 500.00 ₱ 400.00 ₱ 300.00
Utilities Expense ₱ 250.00 ₱ 160.00 ₱ 350.00 ₱ 240.00
Rent of Cost ₱ 500.00 ₱ 500.00 ₱ 1,000.00 ₱ 1,000.00
Total ₱ 5,150.00 ₱ 5,243.00 ₱ 9,950.00 ₱ 9,657.00
Cash end ₱ 24,850.00 ₱ 32,107.00 ₱ 34,657.00 ₱ 37,500.00
 COST OF GOODS SOLD

February March April

Sales ₱ 12,500.00 ₱ 12,500.00 ₱ 12,500.00
Beginning Inventory ₱ 9,000.00 ₱ 9,000.00 ₱ 9,000.00
Total Available for Sale ₱ 18,000.00 ₱ 9,000.00 ₱ -
Less:Ending Inventory ₱ 9,000.00 ₱ 9,000.00 ₱ -
Cost of goods Sold ₱ 9,000.00 ₱ 9,000.00 ₱ 9,000.00
 OPERATING EXPENSES

February March April Total

Rent of Cost ₱ 1,000.00 ₱ 1,000.00 ₱ 1,000.00 ₱ 3,000.00
Raw Material Expense ₱ 8,000.00 ₱ 8,000.00 ₱ 8,000.00 ₱ 24,000.00
Transportation Expense ₱ 166.00 ₱ 167.00 ₱ 167.00 ₱ 500.00
Marketing Expense ₱ 500.00 ₱ 500.00 ₱ 500.00 ₱ 1,500.00
Utilities Expense ₱ 334.00 ₱ 333.00 ₱ 333.00 ₱ 1,000.00
₱ 10,000.00 ₱ 10,000.00 ₱ 10,000.00 ₱ 30,000.00