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  • PNP Ladies Association

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    Sherwin D. Tuguinay
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    The PNP Ladies Association balance sheet as of April 20, 2022 shows total assets of $83,945.58 including cash in bank and accounts receivables. Total liabilities were $20,825 including accounts payable. Capital included reserved funds, annual dues, and a net surplus of $7220.58. The income statement for the period shows gross receipts of $143,321.58 including MAS fees, annual dues, and bank interest with total expenses of $136,101 resulting in a net surplus of $7220.58.

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    The PNP Ladies Association balance sheet as of April 20, 2022 shows total assets of $83,945.58 including cash in bank and accounts receivables. Total liabilities were $20,825 including accounts payable. Capital included reserved funds, annual dues, and a net surplus of $7220.58. The income statement for the period shows gross receipts of $143,321.58 including MAS fees, annual dues, and bank interest with total expenses of $136,101 resulting in a net surplus of $7220.58.

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    © All Rights Reserved
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    20 views2 pages

    PNP Ladies Association

    Uploaded by

    Sherwin D. Tuguinay
    The PNP Ladies Association balance sheet as of April 20, 2022 shows total assets of $83,945.58 including cash in bank and accounts receivables. Total liabilities were $20,825 including accounts payable. Capital included reserved funds, annual dues, and a net surplus of $7220.58. The income statement for the period shows gross receipts of $143,321.58 including MAS fees, annual dues, and bank interest with total expenses of $136,101 resulting in a net surplus of $7220.58.

    Copyright:

    © All Rights Reserved
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    of 2

    PNP LADIES ASSOCIATION

    BALANCE SHEET
    AS OF APRIL 20, 2022
    ASSETS:

    Cash in Bank 38,295.58

    Cash in Hand 400.00 38,695.58

    Accounts Receivables

    MAS 33,500.00

    Annual Dues 10,950.00

    Reserved Fund 800.00 45,250.00

    TOTAL ASSETS 83,945.58

    Liabilities and Capital

    Account Payable

    MAS

    Gina (2) 10500.00

    Mary D. 5250 15750.00

    Others 5075.00 20,825.00

    CAPITAL

    Reserved Fund 8600.00

    Annual Due 47300.00

    Net Plus 7220.00 63120.58

    TOTAL LIABILITIES AND CAPITAL 83,945.58

    PNP LADIES ASSOCIATION


    INCOME STATEMENT
    For the Period April 20, 2022

    GROSS RECEIPTS 143,321.58

    MAS 92,850.00

    Annual Due 36350.00

    Reserved Fund 7800.00

    Membership 2000.00

    Bank Interest 4321

    Expenses

    Mas 110,600.00

    Snacks/ supplies/ Rent 25501 136101.00

    Net Surplus 7220.58

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