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  • Cazeñas-Financial Statements - September

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    Micah Hanna Mae Cazenas
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    Trisha Ann A. Cazeñas' income statement for September 2021 shows income of ₱10,730 from regular subsidies and allowances. Total expenses for the month were ₱6,799, resulting in excess allowances of ₱3,950.86. Her statement of changes in equity shows her initial capital of ₱17,790 increasing to ₱21,740.86 with the addition of the excess allowances. Her statement of financial position lists her total assets as ₱21,740.86, with no liabilities, and owner's equity of the same amount.

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    (8) CAZEÑAS-FINANCIAL STATEMENTS_SEPTEMBER

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    Trisha Ann A. Cazeñas' income statement for September 2021 shows income of ₱10,730 from regular subsidies and allowances. Total expenses for the month were ₱6,799, resulting in excess allowances of ₱3,950.86. Her statement of changes in equity shows her initial capital of ₱17,790 increasing to ₱21,740.86 with the addition of the excess allowances. Her statement of financial position lists her total assets as ₱21,740.86, with no liabilities, and owner's equity of the same amount.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    6 views1 page

    Cazeñas-Financial Statements - September

    Uploaded by

    Micah Hanna Mae Cazenas
    Trisha Ann A. Cazeñas' income statement for September 2021 shows income of ₱10,730 from regular subsidies and allowances. Total expenses for the month were ₱6,799, resulting in excess allowances of ₱3,950.86. Her statement of changes in equity shows her initial capital of ₱17,790 increasing to ₱21,740.86 with the addition of the excess allowances. Her statement of financial position lists her total assets as ₱21,740.86, with no liabilities, and owner's equity of the same amount.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    TRISHA ANN A.

    CAZEÑAS
    INCOME STATEMENT
    FOR THE MONTH ENDED SEPTEMBER 30,2021

    Income
    Regular Subsidy and Allowances ₱ 10,730.00

    Expenses
    Food and Snacks 3,400
    Lodging 1,500
    Fare 180
    Load expense 640
    Personal wellness expense 600
    Depreciation expense 387.19
    Books and supplies expense 71.95
    Total expenses ₱ 6,799.14
    Excess of allowances ₱ 3,950.86

    TRISHA ANN A. CAZEÑAS


    STATEMENT OF CHANGES IN EQUITY
    FOR THE MONTH ENDED SEPTEMBER 30,2021

    Cazeñas,Capital ₱ 17,790.00
    Excess of Allowance 3,950.86
    Cazeñas,Capital 09/30/21 ₱ 21,740.86

    TRISHA ANN A. CAZEÑAS


    STATEMENT OF FINANCIAL POSITION
    FOR THE MONTH ENDED SEPTEMBER 30,2021

    ASSETS
    Current Assets
    Cash ₱ 6,910.00
    Books and Supplies 259.05
    Clothing,Uniform,Shoes,Bags 7,500
    Less: Acc. Dep. - Clothing,Uniform, Shoes,Bags 256.93 7,243.07
    Property,Plant and Equipment
    Tools,Eqipment and Gadgets 7,459
    Less: Acc. Dep. - Tools, Equipment and Gadgets 130.26 7,328.74
    Total Assets ₱ 21,740.86

    LIABILITIES AND OWNER'S EQUITY


    Liabilities

    Owner's Equity
    Cazeñas, Capital ₱ 21,740.86
    Total Liabilities and Owner's Equity ₱ 21,740.86

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