Casa de Luna

Statement of Comprehensive Income

For the year ended 2020

Net Sales 4,010,650.00

Less: Cost of Good Sold 2,005,325.00

Gross Profit 2,005,325.00

Less: Expenses

Planning Expense 10,000.00

Light and Water 39,792.82

Rent 180,000.00

Legal and Professional fees 72,000.00

Repair and Maintenance Expense 78,000.00

Office Supplies 145,200.00 524,992.82

Net Income Before Tax 1,480,332.18

Less: Income Tax

Net Income 1,480,332.18

 Casa De Luna
Sales Report

Unit Selling Price Total Quarterly total

January 3,750.00 50.00 187,500.00

February 4,125.00 50.00 206,250.00

March 4,538.00 50.00 226,900.00 620,650.00

April 4,992.00 50.00 249,600.00

May 5,492.00 50.00 274,600.00

June 6,042.00 50.00 302,100.00 826,300.00

July 6,646.00 50.00 332,300.00

August 7,310.00 50.00 365,500.00

September 8,041.00 50.00 402,050.00 1,099,850.00

October 8,845.00 50.00 442,250.00

November 9,730.00 50.00 486,500.00

December 10,702.00 50.00 535,100.00 1,463,850.00

Total Sales 80,213.00 50.00 4,010,650.00 4,010,650.00

 Cost of Sales

Months UNIT COST TOTAL COST QUARTERLY TOTAL

January 3,750 25 93,750.00

February 4,125 25 103,125.00

March 4,538 25 113,450.00 310,325.00

April 4,992 25 124,800.00

May 5,492 25 137,300.00

June 6,042 25 151,050.00 413,150.00

July 6,646 25 166,150.00

August 7,310 25 182,750.00

September 8,041 25 201,025.00 549,925.00

October 8,845 25 221,125.00

November 9,730 25 243,250.00

December 10,702 25 267,550.00 731,925.00

2,005,325.00 2,005,325.00
 Quarterly Income Tax Return (ITR)

1st Quarter 2nd Quarter 3rd Quarter 4th Quarter TOTAL

Sales 620,650.00 826,300.00 1,099,850.00 1,463,850.00 4,010,650.00

Cost Of sales 310,325.00 413,150.00 549,925.00 731,925.00 2,005,325.00

Gross Income 310,325.00 413,150.00 549,925.00 731,925.00 2,005,325.00

Less:Operating Expenses 131,681.25 127,923.53 134,361.63 131,026.41 524,992.82

Income Before Tax 178,643.75 285,226.47 415,563.37 600,898.59 1,480,332.18

Income Tax Expense (30%) 53,593.13 85,567.94 124,669.01 180,269.58 444,099.66

Net Income 125,050.63 199,658.53 290,894.36 420,629.02 1,036,232.53

Note: RCIT
 Casa De Luna
Statement of Changes in Equity
For the year ended 2020

Cabilan Cordova Gucor Total

Beginning Capital 1,000,000.00 1,000,000.00 1,000,000.00 3,000,000.00

Add: Net Income 345,410.84 345,410.84 345,410.84 1,036,232.53

Sub-total 1,345,410.84 1,345,410.84 1,345,410.84 4,036,232.53

Less: Withdrawals 50,000.00 75,000.00 35,000.00 160,000.00

Ending Capital 1,295,410.84 1,270,410.84 1,310,410.84 3,876,232.53

Casa de Luna Expenses

Repair and
Equipment for
Months Planning Light and Water Rent Legal & Prof. Maintenance Office Supplies Total
Production

January 150,000.00 5,000.00 2,500.00 15,000.00 6,000.00 6,500.00 12,100.00 47,100.00

February 0 - 2,625.00 15,000.00 6,000.00 6,500.00 12,100.00 42,225.00

March 0 - 2,756.25 15,000.00 6,000.00 6,500.00 12,100.00 42,356.25

April 0 - 2,894.06 15,000.00 6,000.00 6,500.00 12,100.00 42,494.06

May 0 - 3,038.77 15,000.00 6,000.00 6,500.00 12,100.00 42,638.77

June 0 - 3,190.70 15,000.00 6,000.00 6,500.00 12,100.00 42,790.70

July 0 5,000.00 3,350.24 15,000.00 6,000.00 6,500.00 12,100.00 47,950.24

August 0 - 3,517.75 15,000.00 6,000.00 6,500.00 12,100.00 43,117.75

September 0 - 3,693.64 15,000.00 6,000.00 6,500.00 12,100.00 43,293.64

October 0 - 3,878.32 15,000.00 6,000.00 6,500.00 12,100.00 43,478.32

November 0 - 4,072.24 15,000.00 6,000.00 6,500.00 12,100.00 43,672.24

December 0 - 4,275.85 15,000.00 6,000.00 6,500.00 12,100.00 43,875.85

Total 150,000.00 10,000.00 39,792.82 180,000.00 72,000.00 78,000.00 145,200.00 524,992.82

131,681.25

127,923.53

134,361.63

131,026.41