KAISER HEAVY EQUIPMENT CORP

TRIAL BALANCE
AS OF November 30, 2022

AUGUST 2022 Increase/Decrease NOVEMBER 2022

ACCOUNT DESCRIPTION BALANCE (PHP) BALANCE (PHP) BALANCE (PHP)

9
101101-000-00 Cash On Hand 43,577.31 (44,368.31) (791.00)
1
101103-000-00 Petty Cash Fund 13,206.45 16,625.04 29,831.49
3
101107-000-00 Cash in Bank - BDO # 012818000544 3,198,772.76 (12,477,426.97) (9,278,654.21)
4
101109-000-00 Cash in bank - AUB 026010002580 192,536.54 127,208.83 319,745.37
4
101110-000-00 Cash in bank - LBP 109,253.63 315,000.00 424,253.63
4
101111-000-00 Cash in bank - SBC 141,161.13 64,552.47 205,713.60
4
101113-000-00 Cash in Bank - AUB-RMB 1.24 (1.17) 0.07
4
101116-000-00 Cash in bank - AUB - Samson Road 1,933,721.32 6,628,472.44 8,562,193.76
4
101117-000-00 Cash in bank - AUB-RMB-2 4,550.68 4,550.68
4
101118-000-00 Cash in bank -AUB-USD-2 41,820.87 41,820.87
4
101119-000-00 Cash in bank - AUB2- Samson Road 1,010,764.97 1,000,293.53 2,011,058.50
3
102101-000-00 Account Receivables- Units 150,247,260.78 37,135,664.41 187,382,925.19
3
102102-000-00 Accounts Receivables- Parts 1,798,916.65 (28,615.60) 1,770,301.05
3
102103-000-00 Accounts Receivable- Service 1,109,068.10 (137,683.85) 971,384.25
3
102104-000-00 Accounts Receivables- Nontrade 19,828,823.20 3,853,980.68 23,682,803.88
3
102105-000-00 Accounts Receivables- Financing 4,138,672.79 4,123,663.60 8,262,336.39
2
102201-000-00 Advances to Supplier 22,718,321.70 (2,384,758.22) 20,333,563.48
2
102202-000-00 Advances to Employees 439,550.86 14,131.53 453,682.39
2
102203-000-00 Advances to Officers 4,850,000.00 4,850,000.00
3
102206-000-00 Company Loan to Employees 365,483.50 149,503.82 514,987.32
2
102301-000-00 Petty Cash Loan 792.00 792.00
2
102307-000-00 Pending Withholding Tax Receivable 1,307.80 1,307.80
2
103101-000-00 Inventory - Units 46,926,797.99 (8,423,524.62) 38,503,273.37
2
103102-000-00 Inventory - Parts 9,787,780.73 1,089,777.18 10,877,557.91
2
103201-000-00 Inventory Adj. - Units (158,327.58) (158,327.58)
2
103202-000-00 Inventory Adj. - Parts (1,718.18) (1,718.18)
2
103402-000-00 Cost Adj. - Parts (116,705.58) (13,820.87) (130,526.45)
2
103403-000-00 Cost Adj. - Freebies (Parts) 2,495.53 2,495.53
2
103404-000-00 Cost Adjustment (45,152.08) (45,152.08)
2
103504-000-00 Goods in Transit (2,539,908.52) (2,539,908.52)
2
103601-000-00 Inventory Job In Process 309,370.51 133,481.57 442,852.08
2
103701-000-00 Import Shipment In Transit (8,406,655.38) (29,527,193.67) (37,933,849.05)
4
103704-000-00 Inventory - Repossess Vehicle 14,650,500.00 14,650,500.00
2
104101-000-00 Office Supplies 14,958.96 14,958.96
2
104208-000-00 Leasehold Improvements 3,267,715.74 3,267,715.74
2
104209-000-00 Accum. Dep'n. -Leasehold Improvement (1,090,539.60) (29,084.40) (1,119,624.00)
2
104210-000-00 Container Van (Office) 1,867,826.93 1,867,826.93
2
104211-000-00 Accum. Dep'n. - Container Van (Office) (574,865.27) (26,931.22) (601,796.49)
 2
104212-000-00 Office Equipment 1,068,000.16 55,100.00 1,123,100.16
2
104213-000-00 Accum. Dep'n. - Office Equipment (120,223.19) (120,223.19)
2
104214-000-00 Furniture & Fixtures 598,808.96 38,745.00 637,553.96
2
104215-000-00 Accum. Dep'n. -Furniture & Fixture (487,929.79) (21,493.26) (509,423.05)
2
104216-000-00 Machineries & Equipments 190,083.91 190,083.91
2
104217-000-00 Accum. Dep'n -Machine & Equip (6,394.40) (6,394.40)
3
104223-000-00 Accumulated Depreciation - Vehicle (2,510,408.01) (237,972.30) (2,748,380.31)
4
104228-000-00 Vehicle 9,948,458.10 9,948,458.10
2
105106-000-00 Input VAT 183,817.67 112,059.50 295,877.17
2
105109-000-00 Miscellaneous Clearing Account 714,989.70 17,622,349.27 18,337,338.97
3
105111-000-00 Pending Delivery 292,693.59 (286,100.00) 6,593.59
3
105112-000-00 Accounting Software 1,353,278.58 160,714.29 1,513,992.87
4
105113-000-00 Accumulated Amortization - Accounting Software (460,249.93) (12,880.56) (473,130.49)
5
201101-000-00 Accounts Payable- Units (8,755,416.07) (11,532,441.04) (20,287,857.11)
2
201104-000-00 Accounts Payable- Non-Trade (134,597,472.27) 1,890,506.18 (132,706,966.09)
3
202203-000-00 Customer Deposits (17,372,073.52) (609,297.03) (17,981,370.55)
3
202303-000-00 Salaries Payable (11,079.35) 6,314.52 (4,764.83)
3
202305-000-00 PHIC Premium Payable (28,333.95) 28,276.38 (57.57)
3
202307-000-00 HDMF Premium Payable (7,200.00) 7,000.00 (200.00)
3
202308-000-00 SSS Loan Payable (5,283.00) 622.96 (4,660.04)
3
202309-000-00 SSS Premium Payable (99,305.00) (230.00) (99,535.00)
3
203103-000-00 Deferred Output VAT (65,763.70) 9,668.38 (56,095.32)
3
203104-000-00 Output VAT (2,039,027.99) (15,722.74) (2,054,750.73)
3
203105-000-00 Withholding Tax Expanded (17,850.67) (20,023.06) (37,873.73)
3
203109-000-00 Pending Invoice Receipt (571,402.15) 65,464.40 (505,937.75)
2
301103-000-00 Paid-in Capital (30,000,000.00) (30,000,000.00)
8
301106-000-00 Retained Earnings (100,507,855.74) (100,507,855.74)
3
301108-000-00 Residual Account (0.05) (0.05)
8
401101-000-00 Sales- Units (182,929,295.23) (79,610,000.00) (262,539,295.23)
8
401103-000-00 Sales- Service (1,811,032.98) (151,424.30) (1,962,457.28)
3
401104-000-00 Sales - Parts Service (3,886,523.17) (980,098.60) (4,866,621.77)
2
401201-000-00 Sales Discount- Units 33,600.00 27,000.00 60,600.00
2
401203-000-00 Sales Discount- Service 39,497.60 5,805.00 45,302.60
3
401204-000-00 Sales Discount - Parts Service 114,811.16 71,977.50 186,788.66
9
501101-000-00 Cost of Sale- Units 148,001,206.90 65,994,129.88 213,995,336.78
2
501102-000-00 Cost of Sale- Parts 3,198.53 3,198.53
2
501103-000-00 Cost of Sale- Service 449,229.31 64,732.17 513,961.48
3
501106-000-00 Cost of Sales - Parts Service 2,178,106.74 623,984.61 2,802,091.35
3
501201-000-00 LTO Processing-New Registration 1,200.00 1,200.00
3
501202-000-00 LTO Processing-Transfer 584,000.00 99,000.00 683,000.00
4
501304-000-00 Cost of Sales - Freebies 205,561.61 42,284.54 247,846.15
1
601101-000-00 Salaries & Wages Expense 7,382,888.91 1,920,353.32 9,303,242.23
2
601102-000-00 PHIC Premium Expense 92,845.00 29,372.55 122,217.55
2
601103-000-00 HDMF Premium Expense 28,200.00 7,900.00 36,100.00
2
601104-000-00 SSS Premium Expense 433,275.00 111,715.00 544,990.00
 2
601105-000-00 Employee Benefit Expense 1,553,070.84 334,648.61 1,887,719.45
2
601107-000-00 Uniform Expense 71,346.86 12,000.00 83,346.86
3
602101-000-00 Dep'n Expense -Container Van 107,724.88 26,931.22 134,656.10
3
602103-000-00 Dep'n Expense - Furniture & Fixtures 85,973.04 21,493.26 107,466.30
3
602105-000-00 Dep'n Expense - Leasehold Improvement 116,337.60 29,084.40 145,422.00
3
602111-000-00 Depreciation Expense - Vehicle 951,889.20 237,972.30 1,189,861.50
4
602113-000-00 Amortization Expense - Software 51,522.24 12,880.56 64,402.80
3
603102-000-00 Toll & Parking Expense 110,882.62 40,082.61 150,965.23
3
603103-000-00 Utilities Expense 341,491.73 129,850.65 471,342.38
3
603103-000-10 Utilities Expense - Sales 3,016.00 3,016.00
3
603103-000-30 Utilities Expense - Service 13,919.00 13,919.00
3
603105-000-00 Taxes & Licenses Expense 99,724.00 99,724.00
3
603106-000-00 Income Tax Expense 143,939.07 143,939.07
3
603107-000-00 Bank Charges 408,263.10 60,571.88 468,834.98
3
603108-000-00 Interest Expense 9,255,176.23 2,070,268.75 11,325,444.98
3
603109-000-00 Advertising & Promotion 3,160.00 113,125.00 116,285.00
3
603110-000-00 Bad Debt Expense 56,762,987.27 8,168,000.66 64,930,987.93
3
603111-000-00 Communication & Telephone Expense 91,328.85 54,689.05 146,017.90
3
603112-000-00 Fuel, Oil & Lubricants Expense 482,915.49 285,595.51 768,511.00
3
603113-000-00 Penalties and Fines Exp 9,905.73 9,905.73
3
603114-000-00 Solicitation & Donation 5,000.00 5,000.00
3
603116-000-00 Insurance Expense 73,063.48 37,459.32 110,522.80
3
603117-000-00 Meals Expense 92,924.38 1,485.71 94,410.09
3
603118-000-00 Miscellaneous Expense 42,111.27 47,836.25 89,947.52
3
603119-000-00 Office Supplies Expense 183,570.07 39,695.33 223,265.40
3
603120-000-00 Representation Expense 338,074.55 248,272.99 586,347.54
3
603121-000-00 Transportation Expense 16,346.50 16,346.50
3
603122-000-00 Travel Expense 266,445.96 224,711.83 491,157.79
3
603123-000-00 Legal Expense 329,715.24 99,131.75 428,846.99
3
603124-000-00 Professional Expense 476,894.00 20,000.00 496,894.00
3
603125-000-00 Postage & Courier Expense 28,359.56 7,410.39 35,769.95
3
603126-000-00 Rental Expense 1,158,142.88 477,733.92 1,635,876.80
3
603127-000-00 Trainings & Seminar 33,042.86 33,042.86
3
603128-000-00 Security Services 461,600.01 117,600.00 579,200.01
3
603129-000-00 Commission Expense 8,738,683.80 2,551,383.00 11,290,066.80
3
603130-000-00 Repair & Maintenance Expense 683,826.20 161,774.42 845,600.62
4
603131-000-00 Service Contract 197,020.00 28,000.00 225,020.00
4
603134-000-00 LTO Processing-Renewal 23,400.00 23,400.00
4
603135-000-00 Medical Expense 74,423.46 60.00 74,483.46
4
603136-000-00 Service Fee 4,158.04 4,158.04
4
603137-000-00 Sales Expense 4,969.20 16,900.00 21,869.20
4
603138-000-00 Fuel, Oil & Lubricants Expense - Service 197,972.20 82,468.89 280,441.09
4
603139-000-00 Toll and Parking Fee - Service 51,448.56 342.86 51,791.42
4
603140-000-00 Repairs & Maintenance Expense-Service 158,204.45 11,300.00 169,504.45
4
603141-000-00 Fuel, Oil & Lubricants Expense - Sales 235,318.80 55,968.10 291,286.90
 4
603142-000-00 Pre-selling expense 664,109.93 664,109.93
1
701101-000-00 Bank Interest Income (10,276.51) (1,465.54) (11,742.05)
2
701103-000-00 Company Loan Interest Income (16,492.39) (2,606.92) (19,099.31)
2
701104-000-00 Other Income (2,209,150.30) (14,683,894.68) (16,893,044.98)
2
701105-000-00 Realized Forex Gain/Loss 960,866.30 (23,215.17) 937,651.13
2
701106-000-00 Unrealized Forex Fain/Loss 2,529,775.51 889,081.57 3,418,857.08
4
701107-000-00 Interest Income-Units (8,547,087.85) (5,351,546.00) (13,898,633.85)
4
701109-000-00 Bad debts Recovery (2,692,267.06) (1,980.00) (2,694,247.06)
4
701110-000-00 Insurance (459,044.00) (459,044.00)
4
701111-000-00 Income from Repossess (23,775,933.84) (8,400,000.00) (32,175,933.84)
Grand Total 0.00 0.00 0.00

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