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    Statement of Financial Position: Assets

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    Lost Student
    The document contains financial statements for 3TP Merchandise as of December 31, 2019 including a statement of financial position, statement of income, and statement of cash flows. The statement of financial position shows total assets of ### PHP with current assets of ### PHP and non-current assets of ### PHP. Total liabilities are ### PHP and owner's equity is ### PHP. The statement of income shows revenue, cost of services, gross profit, operating expenses and net income. The statement of cash flows shows cash flows from operating, investing and financing activities for the period ended December 31, 2019.

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    Statement of Financial Position: Assets

    Uploaded by

    Lost Student
    46 views3 pages
    The document contains financial statements for 3TP Merchandise as of December 31, 2019 including a statement of financial position, statement of income, and statement of cash flows. The statement of financial position shows total assets of ### PHP with current assets of ### PHP and non-current assets of ### PHP. Total liabilities are ### PHP and owner's equity is ### PHP. The statement of income shows revenue, cost of services, gross profit, operating expenses and net income. The statement of cash flows shows cash flows from operating, investing and financing activities for the period ended December 31, 2019.

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    SAMPLE FINANCIAL STATEMENT

    Original Title

    SAMPLE FS

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    The document contains financial statements for 3TP Merchandise as of December 31, 2019 including a statement of financial position, statement of income, and statement of cash flows. The statement of financial position shows total assets of ### PHP with current assets of ### PHP and non-current assets of ### PHP. Total liabilities are ### PHP and owner's equity is ### PHP. The statement of income shows revenue, cost of services, gross profit, operating expenses and net income. The statement of cash flows shows cash flows from operating, investing and financing activities for the period ended December 31, 2019.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    46 views3 pages

    Statement of Financial Position: Assets

    Uploaded by

    Lost Student
    The document contains financial statements for 3TP Merchandise as of December 31, 2019 including a statement of financial position, statement of income, and statement of cash flows. The statement of financial position shows total assets of ### PHP with current assets of ### PHP and non-current assets of ### PHP. Total liabilities are ### PHP and owner's equity is ### PHP. The statement of income shows revenue, cost of services, gross profit, operating expenses and net income. The statement of cash flows shows cash flows from operating, investing and financing activities for the period ended December 31, 2019.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    STATEMENT OF FINANCIAL POSITION

    As of December 31, 2019


    (In Philippine Peso)

    NOTES 2019 2018


    ASSETS

    CURRENT ASSETS
    Cash and Cash Equivalents ###
    Total Current Assets ###

    NON-CURRENT ASSETS
    Property and Equipment 4 ###
    Less: Accum. Depreciation ###
    Total Non-Current Assets ###
    TOTAL ASSETS ###

    LIABILITIES AND OWNER'S EQUITY

    CURRENT LIABILITIES
    AutoLoan Payable ###

    Total Liabilities ###

    OWNER'S EQUITY
    S.P. Navarrosa, Beg ###
    Add: Add'l Capital ###
    ###
    Less: Net Loss ###
    Withdrawal ###
    S.P. Navarrosa, End ###
    TOTAL LIABILITIES & OWNER'S EQUITY ###
    (See accompanying Notes to Financial Statements)

    1
    3TP MERCHANDISE
    SIXTO P. NAVARROSA
    STATEMENT OF INCOME
    For the period ended December 31, 2019
    (In Philippine Peso)

    NOTES 2019 2018

    CATERING SERVICES REVENUE

    LESS: COST OF SERVICES 5

    GROSS PROFIT

    LESS: OPERATING EXPENSES 6

    NET INCOME/(LOSS) BEFORE TAX

    PROVISION FOR INCOME TAX

    NET INCOME FOR THE YEAR


    (See accompanying Notes to Financial Statements)

    2
    3TP MERCHANDISE
    SIXTO P. NAVARROSA
    STATEMENT OF CASH FLOWS
    For the period ended December 31, 2019
    (In Philippine Peso)

    2019 2018

    NET INCOME

    Adjustment to reconcile net income to net cash provided by operations:

    Depreciation

    Net Cash provided by operations:

    Cash flow from investing activities:


    Purchase of Office and Kitchen Equipment
    Purchase of Service Vehicle
    Additional Capital
    Withdrawal

    Cash Flow from Financing Activities


    Payment of Autoloan Payable

    Net Cash from Investing and Financing activities

    NET INCREASE (DECREASE) IN CASH

    Proof:

    CASH BALANCE - as of January 01

    CASH BALANCE - as of December 31

    INCREASE(DECREASE) IN CASH BALANCE

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