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KOPYA KING Copy Center Balance Sheet 31-May-13 Assets

The balance sheet shows that as of May 31, 2013 KopYa King Copy Center had total current assets of PHP 353,000 consisting of cash, accounts receivable, and supplies. Total assets were PHP 503,000 including equipment. Total liabilities were PHP 16,000 of accounts payable. J. dela Cruz's capital was PHP 487,000. The income statement shows service revenue of PHP 123,000 and net income of PHP 87,000 for the month after operating expenses.

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Joyce Anne Santos
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83 views2 pages

KOPYA KING Copy Center Balance Sheet 31-May-13 Assets

The balance sheet shows that as of May 31, 2013 KopYa King Copy Center had total current assets of PHP 353,000 consisting of cash, accounts receivable, and supplies. Total assets were PHP 503,000 including equipment. Total liabilities were PHP 16,000 of accounts payable. J. dela Cruz's capital was PHP 487,000. The income statement shows service revenue of PHP 123,000 and net income of PHP 87,000 for the month after operating expenses.

Uploaded by

Joyce Anne Santos
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

KOPYA KING Copy Center Balance Sheet 31-May-13 ASSETS Current Assets : Cash Acounts Receivable Supplies Total

Current Assets Property, Plant and Equipment: Equipment Total Assets LIABILITIES Current Liabilities: Accounts Payable Total Liabilities CAPITAL J. dela Cruz, Capital Total Liabilties and Capital

Php 318,000.00 10,000.00 25,000.00 Php 353,000.00 150,000.00 Php 503,000.00

Php

16,000.00 16,000.00

487,000.00 Php 503,000.00

KOPYA KING Copy Center Income Statement For the Month Ended May 31, 2013 Service Revenue Less Operating Expenses: Utilities Advertising Salaries Total Operating Expenses Net Income Php 123,000.00 Php 18,000.00 8,000.00 10,000.00 Php Php 36,000.00 87,000.00

Chif Pest Control Balance Sheet 30-Apr-13 ASSETS Current Assets : Cash Acounts Receivable Pesticide Supplies Total Current Assets Property, Plant and Equipment: Spraying Equipment Total Assets LIABILITIES Current Liabilities: Accounts Payable Total Liabilities CAPITAL Sear Chif, Capital Total Liabilties and Capital

Php 162,500.00 93,000.00 214,500.00 Php 470,000.00 412,000.00 Php 882,000.00

Php

89,500.00 89,500.00

792,500.00 Php 882,000.00

Chif Pest Control Income Statement For the Month Ended April 30, 2013 Service Revenue Less Operating Expenses: Repairs and Maintenance Utilities Salaries Total Operating Expenses Net Income Php 192,000.00 Php 28,500.00 9,500.00 51,500.00 Php 89,500.00 Php 102,500.00

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