Business Enterprise Simulation - DSPNHS

INCOME STATEMENT
as of Dec 15, 2023

Date Account Title Debit Credit

Dec. 5 Merchandise Inventory 1800
Purchases 1247
Accounts Payable 300
Freight in 100
Sales Revenue 407
Total 3147 707 2197

Dec. 6 Merchandise Inventory 1170

Purchases 614
Sales Revenue 1231
Total 1784 1231 553

Dec. 7 Merchandise Inventory 553

Purchases 320
Sales Revenue 242
Total 873 242 578

Dec. 8 Merchandise Inventory 578

Purchases 882
Sales Revenue 478
Total 1460 478 982

Dec. 9 Merchandise Inventory 982

Purchases 977
Sales revenue 1023
Total 1959 1023 936

Dec.10 Merchandise Inventory 936

Purchases 833
Sales Revenue 1836
Total 1769 1836 -67
Date: Dec. 5
Merchandise Inventory 1800 1800
Particulars/ItemAmount
Sandwiches 21 30 630 1170
Ending Inventory
Date: Dec. 6
Beginning Merchandise Inventor 1170 1170
Particulars/Items
Sandwiches 39 30 1170
Ending Inventory 0
Date: Dec. 5
Purchases
Egg tray (1) 250
Lettuce 150
Kamatis 30
Burger sauce 36
Ham (2) 220
Cucumber 80
Bread 296
Mayo 105
Gloves 50
Sandwich wrap 30 1247

Date: Dec. 6
Purchases
ham (3) 300
bread[3] 251
mayo 40
ketchup 23 614

Date: Dec. 7
Juice 250
Ice 20
Straw 20
Plastic Ice Bag 30 320

Date: Dec. 8
4 evap 151
cocomama 38
2 styro 130
sugar 18
3 cocoa powder 150
spoon 33
juice 130
deco rice 170
4 ice 20 882

Dec. 9
juice 130
calamansi 10
manok 90
bawang 53
itlog 132
asuete 20
knor cube 14
luya 12
cube 16
supot juice 30
straw 20
styro bowl 133
large egg 285
spoon 60 977

Date: Dec. 10
asuete 25
chicken cube 25
manok 123
luya 5
oil 100
malagkit 170
kalamansi 25
3pack gulaman juice 360 833

Date: Dec 11.

Date: Dec. 5
Accounts Payable
Refill of Gas 300
Date: Dec. 5
Freight In 100
Note 1
Sales 650
Less: Sales Returns and Allowances
Sales Discount
Net Sales Revenue 650 DEC.5

Sales 1231
Less: Sales Returns and Allowances
Net Sales Revenue Sales Discount 1231 DEC.6

Sales 242
Less: Sales Returns and Allowances
Sales Discount
Net Sales Revenue 242 DEC.7

Sales 478
Sales Returns and Allowances
Sales Discount
Net Sales Revenue 478 DEC.8

Sales
Less: Sales Returns and Allowances
Sales Discount
Net Sales Revenue
Note 2 : Cost of Goods Sold
Merchandise Inventory, beginning 1800
Add: Net Cost of Purchases
Purchases 1247
Less: Purchase Returns and Allowances
Purchase Discount
Net Purchase 1247
Add: Freight In 100 1347
Coost of Goods Available For Sale 3147
Less: Merchandise, Inventory, end 1170
Cost of Goods Sold 1977

note 2 : Cost of Goods Sold

Merchandise Inventory, beginning 1170
Add: Net Cost of Purchases
Purchases 614
Less: Purchase Returns and Allowances

Net Purchase 614

Coost of Goods Available For Sale 1874
Less: Merchandise, Inventory, end
Cost of Goods Sold 1231

Note 2 : Cost of Goods Sold

merchandise Inventory, beginning 1845
Add: Net Cost of Purchases
Purchases 320
Less: Merchandise, Inventory, end
Net Purchase 320
Coost of Goods Available For Sale 2165
Less: Merchandise, Inventory, end
Cost of Goods Sold 475