Week 7: The Operational Plan

Task 3
1. Capital equipment
2. Physical Store
3. Employee Benefits
4. Repairs and maintenance
5. Payments to suppliers

Task 4
ABM Company
Balance Sheet
As of April 30, 2021

Asset
Current Assets
Cash on hand
Cash on bank
Accounts Receivable
Notes Receivable
Inventories
Supplies

Non-current Assets
Land
Building
Equipment
Vehicle
Accumulated Depreciation - Building
Accumulated Depreciation - Vehicle

Intangible Assets
Patents

Liability
Current Liabilities
Accounts Payable
Salaries Payable
Tax Payable
Loans Payable, 3 months

Non-current Liabilities Notes

Payable, Long Term
Bonds Payable, Long Term

Owner's Equity

ABM Capital
ABM Withdrawal
Task 5
 1. Operating Expenses 2.
Operating Expenses
3. Operating Expenses
4. Administrative Expenses
5. Operating Expenses
6. Operating Expenses
7. Administrative Expenses
8. Operating Expenses
9. Administrative Expenses
10. Administrative Expenses
11. Administrative Expenses
12. Operating Expenses
13. Administrative Expenses 14. Administrative Expenses
15. Administrative Expenses

Task 6
1. Operating activity 5. Investing activity
2. Financing activity 6. Operating activity
3. Operating activity 7. Investing activity
4. Financing activity

Task 10-12
Kasa Binagoongan
Balance Sheet
As of January 31, 2022

ASSETS

Cash P 800
Inventories P 1,200
Supplies P 200
Total Assets P 2,200

LIABILITIES

Accounts Payable P 700

Total Liabilities P 700

OWNER'S EQUITY

Kasa Binagoongan, Capital P 1,500

Total Owner’s Equity P 1,500

Total Liabilities and Owner's Equity P 2,200 Kasa

Binagoongan
Statement of Comprehensive Income
 For the month ended January 31, 2022

Sales Php 2,280

Operating Expense
Supplies Expense Php 976
Transportation Expense Php 100
Total Operating Expense Php 1,076
Net Income Php 1,204

Kasa Binagoongan
Statement of Cash Flows
For the period ended January 31, 2022

Cash Flows from Operating Activities

Cash receipts from customers 2,280
Cash payment to suppliers (976)
Cash payment for transportation fee (100)
Net Cash provided by operating activities 1,204

Cash Flows from Investing Activities

Cash payment to acquire supplies and equipment (1000)
Net Cash provided by investing activities (1000)

Cash Flows from Financing Activities

Cash received as investments of owners 1,500
Net Cash provided by financing activities 1,500

Cash Balance at the end of the period P 1,704