PROJECTED BALANCE SHEET

Assets Year 1 Year 2 Year 3

Current Assets
Cash ₱178,439 ₱212,679 256,358

Account Receivable ₱11,297 ₱13,543 ₱15,778

Inventory ₱2570 ₱3230 ₱3674

Other Current Assets ₱1100 ₱1100 ₱1100

TOTAL CURRENT ASSETS ₱193,406 ₱230,552 ₱276,910

Assets Year 1 Year 2 Year 3

Long-term Assets ₱11,000 ₱11,000 ₱11,00

Accumulated Depreciation ₱11,495 ₱13,268 ₱15,890

TOTAL LONG-TERM ASSETS ₱879 ₱554 ₱325

TOTAL ASSETS ₱192,911 ₱228,284 ₱272,020

CURRENT LIABILITIES

Accounts Payable ₱8,549 ₱10,326 ₱12,200

Current Borrowing ₱0 ₱0 ₱0
Other Current Liabilities ₱0 ₱0 ₱0

SUBTOTAL CURRENT LIABILITIES ₱8,549 ₱10,326 ₱12,200

Long-term Liabilities ₱0 ₱0 ₱0

TOTAL LIABILITIES ₱8,549 ₱10,326 ₱12,200

Paid-in Capital ₱35,000 ₱35,000 ₱35,000

Retained Earnings ₱47,496 ₱70,538 ₱93,549

Earnings ₱100,700 ₱118,654 ₱131,798

TOTAL CAPITAL ₱183,196 ₱224,192 ₱260,347

TOTAL LIABLITIES AND CAPITAL ₱191,745 ₱234,518 ₱272,547

NET WORTH ₱175,745 ₱227,818 ₱276,110