Name: Sem. Sem. Dempol Rodolfo D.

Policios Date: 1/13/2021

Grade Level & Strand: Humss 12-B

SCJ Company
Statement of Financial Position
December 31, 2020
Current Assets
Cash P 212,000
Accounts Receivable 60,000
Non-Current Assets
Computer Equipment P 198,333
Total Assets P 470,333
Current Liabilities
Loans payable (1 year) P 144, 844
Income tax payable P 75,000
Non-Current Liabilities
Loans Payable P 100,000
Total Liabilities P 319,844
Equity
M. Santos, Capital P 326,414
Total Equity P 326,414
Total Liabilities and Equity P 646,258

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https://www.coursehero.com/file/106564093/W3-Self-Determining-Practice-Sem-Dempol-Policiosdocx/
 SCJ Company
Statement of Comprehensive Income
December 31, 2020
Revenue
Sales P 400,000
Other Income 150,000
Total Revenue P 550,000
Expenses:
Utilities Expense P 30,000
Prepaid Expenses 71,000
Supplies Expense 5,000
Advertising 10,000
Total Expense P 116,000
Net Income P 434,000

This study source was downloaded by 100000843826413 from CourseHero.com on 03-19-2022 10:34:57 GMT -05:00

https://www.coursehero.com/file/106564093/W3-Self-Determining-Practice-Sem-Dempol-Policiosdocx/
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