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College of Business and Accountancy Naga College Foundation Inc. Mt. Villanueva Ave., Naga City

The documents summarize the financial reports of Amichewa Café for three months. The Cost of Goods Sold reports show purchases and other income, materials available and ending inventory. The Income Statements report sales, cost of goods sold, gross profit and expenses. The Balance Sheets report cash, inventory, capital and net income. Overall the café saw increasing sales, profits and cash over the three months.

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Kah Caudilla
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129 views6 pages

College of Business and Accountancy Naga College Foundation Inc. Mt. Villanueva Ave., Naga City

The documents summarize the financial reports of Amichewa Café for three months. The Cost of Goods Sold reports show purchases and other income, materials available and ending inventory. The Income Statements report sales, cost of goods sold, gross profit and expenses. The Balance Sheets report cash, inventory, capital and net income. Overall the café saw increasing sales, profits and cash over the three months.

Uploaded by

Kah Caudilla
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Amichewa Café

College of Business and Accountancy


Naga College Foundation Inc.
Mt. Villanueva Ave., Naga City

Amichewa Café
Cost of Good Sold
For the month of November 2017
   
Beginning Inventory -
Purchases:  
Waffle 137.00
Other Income  
Personal Collection 2,076.00
Honesty Store 1,451.00
   
Material Available for Use 3,664.00
Ending Inventory -
Direct Material 3,664.00

Amichewa Café
Income Statement
For the month of November 2017
     
Sale   5,119.00
Cost of Goods Sold   3,664.00
Gross Profit   1,455.00
     
Less Expenses:    
500.
Rent Expense 00  
50.
Salaries Expense 00  
42.
Transportation Expense 00 592.00
 Net Income   863.00
     
Amichewa Café
Balance Sheet
For the month of November 2017
   
Cash 5,863.00
Inventory -
  5,863.00
   
Capital 5,000.00
Net Income 863.00
  5,863.00

Amichewa Café
College of Business and Accountancy
Naga College Foundation Inc.
Mt. Villanueva Ave., Naga City

Amichewa Café
Cost of Good Sold
For the month of Decmeber 2017
   
Beginning Inventory -
Purchases:  
Other Income  
Cake 8,720.00
Personal
Collection 2,889.00
Honesty Store 1,605.00
Material Available for Use 13,214.00
   
Ending Inventory -
Direct Material 13,214.00

Amichewa Café
Income Statement
For the month of December 2017
     
Sale   24,723.00
Cost of Goods Sold   13,214.00
Gross Profit   11,509.00
     
Less Expenses:    
500.
Rent Expense 00  
100.
Salaries Expense 00  
28.
Transportation Expense 00 628.00
 Net Income   10,881.00
     

Amichewa Café
Balance Sheet
For the month of December 2017
   
Cash 16,744.00
Inventory -
  16,744.00
   
Capital 5,000.00
Net Income 11,744.00
  16,744.00

Amichewa Café
College of Business and Accountancy
Naga College Foundation Inc.
Mt. Villanueva Ave., Naga City

Amichewa Café
Cost of Good Sold
For the month of January 2018
   
Beginning Inventory -
Purchases 3,479.00
Other Income  
Tupper Ware 3713.00
Personal Collection 2,496.00
Honesty Store 1354.00
Material Available for Use 3,479.00
   
Ending Inventory -
Direct Material 3,479.00

Amichewa Café
Income Statement
For the month of January 2018
     
Sale   10,812.00
Cost of Goods Sold   3,479.00
Gross Profit   7,333.00
     
Less Expenses:    

Rent Expense 500.00  

Salaries Expense 100.00  

Transportation Expense 42.00 642.00


    6,691.00
     

Amichewa Café
Balance Sheet
For the month of January 2018
   
Cash 23,435.00
Inventory -
  23,435.00
   
Capital 5,000.00
Net Income 18,435.00
  23,435.00

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