Professional Documents
Culture Documents
Revenues
Delivery Fees ₱95,000.00
Interest Income ₱1,545.00
Total Revenues ₱96,545.00
Expenses
Salaries Expense ₱35,500.00
Utilities Expense ₱6,800.00
Rent Expense ₱10,000.00
Supplies Expense ₱7,100.00
Insurance Expense ₱5,000.00
Depreciation Expense-Del. Equipt. ₱4,000.00
Depreciation Expense-Office Equipt.₱2,500.00 ₱70,900.00
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L2: Written Work #4 Equity
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L2: Written Work #4 Balance Sheet
Asset Liabilities
Current Assets Current Liabilities
Cash ₱22,200.00 Notes payable ₱330,000.00
Accounts Receivable ₱17,300.00 Accounts Payable ₱178,645.00
Supplies ₱15,000.00 Salaries Payable ₱15,500.00
Prepaid Rent ₱10,000.00 Utilities Payable ₱6,355.00
Prepaid Insurance ₱5,000.00 Interest Payable ₱12,500.00
Total Current Assets ₱69,500.00 Total Liabilities ₱543,000.00
Owner's Equity
Property, Plant & Equipt.
Delivery Equipt. ₱420,000.00
Acc. Depreciation ₱4,000.00 ₱416,000.00 Corpuz's Capital, June 30, 2021
Office Equipment ₱60,000.00
Acc. Depreciation ₱2,500.00 ₱57,500.00
Total Property, Plant & Equipt. ₱473,500.00
Tota Assets ₱543,000.00 Total Liabilities & Equity ₱543,000.00
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L2: Written Work #4 Cash Flow
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