Chart of Accounts

Account Code Description

C-01 Cash Advances
E-01 Receivable
F-01 Inventory
T-01 Equity
U-01 Sales (Good)
U-02 Sales (Bad)
U-03 Sales (Reject)
VA-01 Materials and Supplies
VA-02 Labor
VA-02.1 Hakot
VA-02.2 Putos/Tabas
VA-03 Miscellaneous Expenses
VD-02.1 Hakot
VD-02.2 Popo/Dawat/Ihap
VD-02.3 Kaon
Cash Ledger

No. Date Code Reference Description

1 6/10/2021 C-01 Cash advance for pabulak
2 6/14/2021 C-01 Cash advance for expenses
3 6/14/2021 VA-03 Expenses - pabulak
4 6/14/2021 VA-03 Expenses - expenses
5 6/14/2021 C-01 Cash advance for gasket
6 6/21/2021 VA-03 Plete
7 6/24/2021 C-01 Cash advance for medicina
8 6/24/2021 VA-01 SI No. 55783 Alika and Cropgiant
9 7/1/2021 C-01 Cash advance for medicina
10 7/1/2021 C-01 Cash advance for plete and kawayan
11 7/1/2021 VA-01 SI No. 57445 Medicina
12 7/1/2021 VA-03 Plete and other expenses
13 7/1/2021 VA-03 Kawayan
14 7/6/2021 C-01 Cash advance for medicina
15 7/6/2021 VA-01 SI No. 67297 Medicina
16 7/8/2021 C-01 Cash advance for medicina
17 7/10/2021 VA-01 SI No. 55783 Medicina
18 7/8/2021 C-01 Cash advance for plete and other expenses
19 7/13/2021 C-01 Cash advance
20 7/14/2021 C-01 Cash advance for plete (papel)
21 7/14/2021 VA-03 Expenses - plete (papel)
22 7/14/2021 VA-03 Expenses - plete and other expenses
23 7/14/2021 VA-03 Expenses
24 7/15/2021 C-01 Cash advance for medicina
25 7/15/2021 VA-01 SI No. 72559 Medicina
26 7/15/2021 C-01 Cash advance for plete and other expenses
27 7/16/2021 C-01 Cash advance
28 7/18/2021 C-01 Cash advance for plete (papel)
29 7/18/2021 VA-03 Expenses
30 7/19/2021 C-01 Cash advance for medicina
31 7/19/2021 VA-01 SI No. 72559 Medicina
32 7/19/2021 C-01 Cash advance for plete and other expenses
33 7/19/2021 VA-03 Expenses
34 7/22/2021 C-01 Cash advance for medicina
35 7/22/2021 VA-01 SI No. 72585 Medicina
36 7/24/2021 C-01 Cash advance for medicina
37 7/24/2021 VA-01 SI No. 72513 Medicina
38 7/24/2021 C-01 Cash advance
39 7/24/2021 VA-03 Expenses
40 7/25/2021 C-01 Cash advance
41 7/25/2021 VA-03 Expenses - Multicab
42 7/25/2021 VA-02.1 Expenses - Suhol sa hakot sa papel padong sa manggahan
43 7/25/2021 C-01 Cash advance
44 7/25/2021 VA-03 Pagdawat sa papel sa pier
45 7/25/2021 VA-02.2 Hakot sa papel
46 7/25/2021 VA-03 Kaon
47 7/25/2021 VA-01 Papel (Davao)
48 7/26/2021 C-01 Cash advance
49 7/26/2021 VA-03 Expenses
50 7/30/2021 C-01 Cash advance for medicina
51 7/30/2021 VA-01 SI No. 75003 Medicina
52 7/30/2021 C-01 Cash advance
53 7/30/2021 VA-02.1 Suhol Putos
54 8/2/2021 C-01 Cash advance
55 8/2/2021 VA-03 Expenses
 56 8/2/2021 VA-02.1 Suhol Tabas
57 8/5/2021 C-01 Cash advance for medicina
58 8/5/2021 VA-01 SI No. 72524 Medicina
59 8/7/2021 C-01 Cash Advance
60 8/7/2021 VA-03 Expenses
61 8/7/2021 VA-02.1 Suhol Putos
62 8/12/2021 C-01 Cash Advance
63 8/12/2021 VA-03 Expenses
64 8/17/2021 C-01 Cash Advance
65 8/17/2021 VA-02.1 Suhol Putos
66 9/14/2021 C-01 Cash Advance
67 9/14/2021 VA-03 Haringga sa Putot
68 10/8/2021 C-01 Cash Advance
69 10/8/2021 VD-02.2 Suhol - Dawat/Ihap
70 10/8/2021 VD-02.2 Suhol - Popo
71 10/8/2021 VD-02.1 Suhol - Hakot
72 10/8/2021 VD-02.3 Pagkaon
73 10/8/2021 VD-02.1 Suhol - Hakot (Motor)
74 10/10/2021 C-01 Cash Advance
75 10/10/2021 VD-02.1 Suhol - Hakot
76 10/10/2021 VD-02.1 Suhol - Hakot (Motor)
77 10/10/2021 VD-02.2 Suhol - Dawat/Ihap
78 10/10/2021 VD-02.2 Suhol - Popo
79 10/10/2021 VD-02.3 Pagkaon
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
 389,997.00 366,677.00 23,320.00
Debit Credit Balance
8,800.00 8,800.00
1,000.00 9,800.00
8,800.00 1,000.00
1,000.00 -
500.00 500.00
500.00 -
10,000.00 10,000.00
6,380.00 3,620.00
16,125.00 19,745.00
1,815.00 21,560.00
16,125.00 5,435.00
1,000.00 4,435.00
815.00 3,620.00
7,400.00 11,020.00
5,780.00 5,240.00
34,740.00 39,980.00
34,740.00 5,240.00
2,060.00 7,300.00
1,800.00 9,100.00
500.00 9,600.00
2,060.00 7,540.00
1,800.00 5,740.00
500.00 5,240.00
40,660.00 45,900.00
38,160.00 7,740.00
1,640.00 9,380.00
1,000.00 10,380.00
1,000.00 11,380.00
3,640.00 7,740.00
25,000.00 32,740.00
24,780.00 7,960.00
2,300.00 10,260.00
2,300.00 7,960.00
25,000.00 32,960.00
17,870.00 15,090.00
34,180.00 49,270.00
34,180.00 15,090.00
2,320.00 17,410.00
2,320.00 15,090.00
2,150.00 17,240.00
1,500.00 15,740.00
650.00 15,090.00
61,898.00 76,988.00
700.00 76,288.00
1,050.00 75,238.00
200.00 75,038.00
59,948.00 15,090.00
2,000.00 17,090.00
2,000.00 15,090.00
16,000.00 31,090.00
9,300.00 21,790.00
23,370.00 45,160.00
23,370.00 21,790.00
1,300.00 23,090.00
1,000.00 22,090.00
 300.00 21,790.00
7,000.00 28,790.00
5,470.00 23,320.00
17,890.00 41,210.00
1,000.00 40,210.00
16,890.00 23,320.00
500.00 23,820.00
500.00 23,320.00
11,720.00 35,040.00
11,720.00 23,320.00
1,640.00 24,960.00
1,640.00 23,320.00
15,262.00 38,582.00
2,700.00 35,882.00
4,000.00 31,882.00
3,062.00 28,820.00
2,500.00 26,320.00
3,000.00 23,320.00
11,427.00 34,747.00
2,037.00 32,710.00
1,290.00 31,420.00
2,700.00 28,720.00
4,000.00 24,720.00
1,400.00 23,320.00
23,320.00
23,320.00
23,320.00
23,320.00
23,320.00
23,320.00
23,320.00
23,320.00
23,320.00
23,320.00
23,320.00
23,320.00
23,320.00
23,320.00
23,320.00
23,320.00
23,320.00
23,320.00
23,320.00
23,320.00
23,320.00
23,320.00
Balance Sheet

ASSETS
Cash
Receivable 18,320.00
Inventory 29,974.00
Total Assets 48,294.00

EQUITY
Retained Earnings (120,553.00)
Owner's Capital 389,997.00
Total Equity 269,444.00
Income Statement

Sales
162,170.00

Cost of Sales

Materials and Supplies VA-01 252,733.00

Less: Inventory 29,974.00 222,759.00

Labor
Putos/Tabas VA-02.1 52,930.00
Hakot VA-02.2 1,050.00

Miscellaneous Expenses VA-03 33,275.00

256,034.00

Expenses

Hakot VD-02.1 9,389.00

Popo/Dawat/Ihap VD-02.2 13,400.00
Kaon VD-02.3 3,900.00
26,689.00

Net Loss (120,553.00)

Receivables Computation

Cash Advance for

Date Reference Description Amount Receivable
Medicina

6/24/2021 SI No. 55783 Alika and Cropgiant 10,000.00 6,380.00 3,620.00

7/1/2021 SI No. 57445 Medicina 16,125.00 16,125.00 -
7/6/2021 SI No. 67297 Medicina 7,400.00 5,780.00 1,620.00
7/10/2021 SI No. 55783 Medicina 34,740.00 34,740.00 -
7/15/2021 SI No. 72559 Medicina 40,660.00 38,160.00 2,500.00
7/19/2021 SI No. 72559 Medicina 25,000.00 24,780.00 220.00
7/22/2021 SI No. 72585 Medicina 25,000.00 17,870.00 7,130.00
7/24/2021 SI No. 72513 Medicina 34,180.00 34,180.00 -
7/30/2021 SI No. 75003 Medicina 11,000.00 9,300.00 1,700.00
8/5/2021 SI No. 72524 Medicina 7,000.00 5,470.00 1,530.00

Total 211,105.00 192,785.00 18,320.00

Inventory

Date Description Amount

7/25/2021 Papel (Davao) 59,948.00

Papel (Davao) 59,948.00

Sacks 30
Cost per Sack 1,998.27
Unused sacks of paper 15
Total cost of unused sacks 29,974.00
Detailed Review of Expenses

V-01 Materials and Supplies

Date Reference Description Amount
6/24/2021 SI No. 55783 Alika and Cropgiant 6,380.00
7/1/2021 SI No. 57445 Medicina 16,125.00
7/6/2021 SI No. 67297 Medicina 5,780.00
7/10/2021 SI No. 55783 Medicina 34,740.00
7/15/2021 SI No. 72559 Medicina 38,160.00
7/19/2021 SI No. 72559 Medicina 24,780.00
7/22/2021 SI No. 72585 Medicina 17,870.00
7/24/2021 SI No. 72513 Medicina 34,180.00
7/25/2021 Papel (Davao) 59,948.00
7/30/2021 SI No. 75003 Medicina 9,300.00
8/5/2021 SI No. 72524 Medicina 5,470.00
Total 252,733.00

V-02.1 Putos/Tabas
Date Reference Description Amount
7/30/2021 Suhol Putos 23,370.00
8/2/2021 Suhol Tabas 300.00
8/7/2021 Suhol Putos 16,890.00
8/17/2021 Suhol Putos 11,720.00
Total 52,280.00

V-02.2 Hakot
Date Reference Description Amount
7/25/2021 Expenses - Suhol sa hakot sa papel padong sa mangg 650.00
7/25/2021 Hakot sa papel 1,050.00
10/8/2021 Suhol - Hakot 3,226.00
Total 4,926.00

V-02.3 Popo/Dawat/Ihap
Date Reference Description Amount
10/8/2021 Suhol - Dawat/Ihap 2,700.00
10/8/2021 Suhol - Popo 4,000.00
Total 6,700.00

V-03 Miscellaneous Expenses

Date Reference Description Amount
6/14/2021 Expenses - pabulak 8,800.00
6/14/2021 Expenses - expenses 1,000.00
6/21/2021 Plete 500.00
7/1/2021 Plete and other expenses 1,000.00
7/1/2021 Kawayan 815.00
7/14/2021 Expenses - plete (papel) 2,060.00
7/14/2021 Expenses - plete and other expenses 1,800.00
7/14/2021 Expenses 500.00
7/18/2021 Expenses 3,640.00
7/19/2021 Expenses 2,300.00
7/24/2021 Expenses 2,320.00
7/25/2021 Expenses - Multicab 1,500.00
7/25/2021 Pagdawat sa papel sa pier 650.00
7/25/2021 Kaon 700.00
7/26/2021 Expenses 1,050.00
 8/2/2021 Expenses 200.00
8/7/2021 Expenses 2,000.00
8/12/2021 Expenses 1,000.00
9/14/2021 Haringga sa Putot 1,000.00
10/8/2021 Pagkaon 500.00
Total 33,335.00
Day 1
Good 39 40 1560
27
1,587.00 kilos

Mines 3,850.00 33% 12.7 6.3 220

Ben 7,975.00 67% 26.3
11,825.00

Bad 21 40 840
Excess 41
Excess 25
906 kilos

Mines 3,850.00 31% 6 180

Ben 7,975.00 63% 13
Cardo 750.00 6% 54 1
12,575.00

Reject 8,000 Pakyaw

13 40 520 104

Mines 3 300.00
Ben 8
Cardo 2

Mines 3,850.00 31%

Ben 7,975.00 63%
Cardo 750.00 6%
12,575.00

Day 1 Day 2
Dawat/Ihap 2,700.00
Popo 4,000.00 8,737.00
Suhol 3,062.00 18,499.00
Kaon 2,500.00 1,400.00 3,900.00
Motor 2,920.00 1,290.00 4,290.00 (3,000.00)
15,182.00 11,427.00 26,689.00
Divided by 5 3,036.40 2,285.40
4,963.60 4,314.60
Day 2

Good 12.00 40 480.00 96.00

boxes kilos presyo

Caesar 2,100.00 0.31 4 96.00 25
Noel 2,800.00 0.41 5 100.00 25
Onyot 1,975.00 0.29 3 96.00 25
6,875.00 12

Bad 22.00 40 880.00 176.00 170

boxes kilos
Caesar 2,100.00 0.31 7 6 170
Noel 2,800.00 0.41 9 8 170
Onyot 1,975.00 0.29 6 6 170
6,875.00 22

Reject 8.00 50 400.00 80.00

boxes kilos
Caesar 2,100.00 0.31 2
Noel 2,800.00 0.41 3 80.00
Onyot 1,975.00 0.29 2
6,875.00 8

Mines 7,600.00 3,036.40 4,563.60 4,500.00

Caesar 4,300.00 2,285.40 2,014.60 2,000.00
Noel 5,450.00 2,500.00 2,950.00 2,950.00 (1,500.00)
Onyot 4,300.00 2,285.40 2,014.60 2,000.00
11,450.00
9,950.00

Halin 159,505.00 3790 155,715.00 1000 154,715.00

Nanay 1,265.00
Lola 1,000.00 500 2,165.00 2,165.00
Mama 400.00
162,170.00 156,880.00
150,720.00

Cash Basis
154,715.00 154,715.00
tag iya sa Mangga 9,950.00 9,950.00
Mama 9,762.00 500 10,262.00
Lola 12,637.00 2165 10,472.00
124,031.00

162,170.00
11,450.00
26,689.00
124,031.00
-

5,337.80
11,450.00
25 5,500.00

10 1,800.00
37,500.00

2,400.00
2,500.00
2,400.00

8,500.00

10 1,700.00
15 2,550.00
10 1,700.00

1,000.00

200
400
200

1,450.00