Scribd Logo
Upload

Welcome to Scribd!

  • Balance Income Table

    Uploaded by

    Jay Francis Clave
    5 views2 pages
    The balance sheet summarizes the assets, liabilities, and owner's equity of Le kasa De Kope for the year ending 2025. It shows total assets of P130,000 including current assets of P55,000 and fixed assets of P75,000. Total liabilities are P30,000 and owner's equity is P100,000. The income statement shows that for the year ending 2025 Le kasa De Kope had revenues of P144,930 and expenses of P55,000, giving a net profit of P89,940.

    Original Description:

    Original Title

    Balance Income table

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The balance sheet summarizes the assets, liabilities, and owner's equity of Le kasa De Kope for the year ending 2025. It shows total assets of P130,000 including current assets of P55,000 and fixed assets of P75,000. Total liabilities are P30,000 and owner's equity is P100,000. The income statement shows that for the year ending 2025 Le kasa De Kope had revenues of P144,930 and expenses of P55,000, giving a net profit of P89,940.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    5 views2 pages

    Balance Income Table

    Uploaded by

    Jay Francis Clave
    The balance sheet summarizes the assets, liabilities, and owner's equity of Le kasa De Kope for the year ending 2025. It shows total assets of P130,000 including current assets of P55,000 and fixed assets of P75,000. Total liabilities are P30,000 and owner's equity is P100,000. The income statement shows that for the year ending 2025 Le kasa De Kope had revenues of P144,930 and expenses of P55,000, giving a net profit of P89,940.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Le kasa De Kope

    BALANCE SHEET
    FOR THE YEAR ENDED OF 2025

    Assets
    Current Asset
     Cash P20,000,00
     Inventory/Supply P 15,000,00
     Account Receivable P 20,000,00
    Fixed Asset
     Kitchen Equipment P 15.000,00
     Furniture and Fixture P 30,000,00
     Accumulated Depreciation- fur & fix P 30,000,00
    Total Assets P 130,000,00

    Liability

     Permit Fee P 5,000,00


     Food Expense P 10,000,00
     Utility Expense P 10,000,00
     Miscellaneous Expense P 5,000,00
    Total Liability P 30,000,00

    Owners’ Equity

     La Kasa De Kope, Capital P 100,000,00


    Total Liability & OE P 130,000,00
    Le kasa De Kope
    INCOME STATEMENT
    FOR THE YEAR ENDED OF 2025
    Revenue P 144,930,00

    Expenses
    Food Expenditures P 10,000,00

    Utility Expense P 10,000,00

    Salaries Expense P 35,000,00

    Total Expense P 55,000,00

    NET PROFIT P 89,940,00

    You might also like