COMP-YOUTH-HERS

BALANCE SHEET
As of March 31, 2018

5-28 FEB, 2018 MAR 2018

Assets
Current Assets
Accounts receivable
Billing Invoice 53,116.00 107,400.00
Total Accounts receivable PHP53,116.00 PHP107,400.00
Cash in Bank-BDO 1,995,568.68 2,122,456.17
Cash on hand 960.00 1,120.00
Petty Cash 1,228.95 16,192.95
Employee Cash Advances 0.00 0.00
Fire Extinguishers 5,000.00 5,000.00
Prepaid Rent 50,000.00 0.00
Spare Parts 122,000.00 147,000.00
Total Current Assets PHP2,227,873.63 PHP2,399,169.12
Long-term assets
Accumulated depreciation- Air Conditioners (1,446.00) (2,892.00)
Accumulated depreciation- Chairs (1,277.00) (2,554.00)
Accumulated depreciation- Computer Housings (571.00) (1,142.00)
Accumulated depreciation- Computers (10,169.00) (20,338.00)
Accumulated depreciation- Electric Fans (102.00) (204.00)
Accumulated depreciation- Generator (168.00) (336.00)
Air Conditioners 120,000.00 120,000.00
Chairs 60,000.00 60,000.00
Computer Housings 20,000.00 20,000.00
Computers 600,000.00 600,000.00
Electric Fans 6,000.00 6,000.00
Generator 20,000.00 20,000.00
Total long-term assets 812,267.00 798,534.00
Total Assets PHP3,040,140.63 PHP3,197,703.12

Liabilities and shareholder's equity

Current liabilities:
Accounts payable
Accounts Payable (A/P) 12,000.00 0.00
Total Accounts payable PHP12,000.00 PHP0.00
Salaries Payable 0.00 0.00
Total current liabilities PHP12,000.00 PHP0.00
Shareholders' equity:
Net Income 28,140.63 197,703.12
Aquino, Equity 520,000.00 520,000.00
Bacolor, Equity 240,000.00 240,000.00
Bernabe, Equity 500,000.00 500,000.00
Bulanadi, Equity 640,000.00 640,000.00
Lubarbio, Equity 750,000.00 750,000.00
Pagtakhan, Equity 120,000.00 120,000.00
Retained Earnings
Sta. Ana, Equity 230,000.00 230,000.00

Accrual Basis Monday, April 2, 2018 07:00 PM GMT+8 1/2

 5-28 FEB, 2018 MAR 2018
Total shareholders' equity PHP3,028,140.63 PHP3,197,703.12
Total liabilities and equity PHP3,040,140.63 PHP3,197,703.12

Accrual Basis Monday, April 2, 2018 07:00 PM GMT+8 2/2