Sales P

Sales Returns and Allowances Retaining Earnings, ____________

Sales Discount Add/Less: Net Income (Net Loss)
Net Sales P Less: Cash Dividends
Purchases P Retained Earnings, ____________
Purchase Returns and Allowances TOTAL STOCKHOLDER'S EQUITY
Purchase Discounts
Net Purchase P
Merchandising Inventory - Beg
Merchandising Inventory - End
Cost of Goods Sold
Gross Profit P

Salaries Expense P
SSS, Philhealth and Pag Ibig
Contribution
Rent Expense
Utilities Expense
Supplies Expense
Transportation Expense
Depreciation Expense - Store
Equipment
Depreciation Expense - Office
Equipment
Miscellaneous Expense
Total Expense
Net Income (Loss) P