Date Cash Accounts Receivable Supplies

2-Jan PHP 230,000.00

5-Jan PHP (20,000.00)
8-Jan PHP 12,000.00
15-Jan PHP (5,000.00)
17-Jan PHP 17,000.00
20-Jan PHP 4,000.00
21-Jan PHP 35,000.00
22-Jan PHP 20,000.00
23-Jan PHP (1,000.00)
24-Jan PHP (2,000.00)
25-Jan PHP (4,000.00)
27-Jan PHP 10,000.00 PHP (10,000.00)
28-Jan
28-Jan
30-Jan PHP (5,000.00)
31-Jan PHP (8,000.00)
31-Jan PHP (27,300.00)
PHP 227,000.00 PHP 7,000.00 PHP 11,700.00
PHP 265,700.00
PHP 265,700.00

1 49,000.00
2 56,300.00
3 (7,300.00)
4 227,000.00
5 7,000.00
6 11,700.00
7 245,700.00
8 55,000.00
9 265,700.00
10 10,000.00
11 35,000.00
12 220,700.00
13 -3%
14 -15%
15 17%
Equipment Accounts Payable Notes Payable P. Pangara, capital
PHP 230,000.00
PHP 20,000.00

PHP 4,000.00
PHP 35,000.00

PHP (4,000.00)

PHP 7,000.00
PHP 3,000.00

PHP 20,000.00 PHP 10,000.00 PHP 35,000.00 PHP 230,000.00

265,700.00 PHP 45,000.00 PHP
265,700.00 PHP
P. Pangarap, Drawings Service Income Salaries Expense Rent Expense

PHP 12,000.00
PHP (5,000.00)
PHP 17,000.00

PHP 20,000.00

PHP (2,000.00)

PHP (5,000.00)
PHP (8,000.00)

PHP (2,000.00) PHP 49,000.00 PHP (10,000.00) PHP (8,000.00)

Supplies Expense Repair Expense Utilities Expense

PHP (1,000.00)

PHP (7,000.00)
PHP (3,000.00)

PHP (27,300.00)
PHP (27,300.00) PHP (1,000.00) PHP (10,000.00)
220,700.00
265,700.00
 Pangarap Car Wash
Statement of Comprehensive Income
For the month ended January 31, 2022

Service Income PHP 49,000

Less: Expenses
Rent Expense PHP (8,000)
Salaries Expense PHP (10,000)
Supplies Expense PHP (27,300)
Repair Expense PHP (1,000)
Utilities Expense PHP (10,000)
Total Expenses PHP (56,300)

Net Loss / Gain PHP (7,300)

 Pangarap Car Wash
Statement of Financial Position
For the month ended January 31, 202

Assets
Current Assets
Cash PHP 227,000
Accounts Receivable PHP 7,000
Supplies PHP 11,700
Totak Current Assets PHP 245,700
Non-Current Assets
Equipment PHP 20,000
Total Non-current Assets PHP 20,000
Total PHP 265,700
Total Assets PHP 265,700

Liabilities and Owner's Equity

Current Liabilities
Accounts Payable PHP 10,000
Total Current Liabilities PHP 10,000
Non-current Liabilties
Notes Payable PHP 35,000
Total Non-current Liabilities PHP 35,000
Total Liabilities PHP 45,000
Owner's Equity
P. Pangarap, Capital PHP 220,700
Total Owner's Equity PHP 220,700
Total Liabilities and Owner's Equity PHP 265,700
 Pangarap Car Wash
Statement of Owner's Equity
For the month ended January 31, 2022

P. Pangarap, Capital, January 1

Less: Total Decrease in Capital
Net Loss PHP (7,300)
P. Pangarap, Drawings PHP (2,000.00)
P. Pangarap, Capital, January 31
sh
Equity
ary 31, 2022

PHP 230,000.00

PHP (9,300.00)
PHP 220,700.00