Fs Huang Christopher

LOUISE AND BRUCE RESTOBAR
(Proprietress: JOCELYN P. CALABIO

G/F North Zen Basic Spaces, Sobrecarey St., Bo. Obrero, Davao City
COMPARATIVE BALANCE SHEET

As of December 31
2015 2014
ASSETS
CURRENT ASSETS
Cash on Hand & in Bank P 10,450.00 P 243,312.00

Petty Cash Fund 1,500.00 1,500.00
Prepaid Insurance - 1,500.00
Total Current Assets P 11,950.00 P 246,312.00
NON-CURRENT ASSETS
Kitchen Equipment P 150,000.00 P 150,000.00

Furniture and Fixtures 88,000.00 88,000.00
Kitchen Utensils, Glasses & Plates 209,725.00 209,725.00
Airconditioning 140,799.00 140,799.00
Refrigeration 35,000.00 35,000.00
Total Acquisition Cost P 623,524.00 P 623,524.00

Less: Accumulated Depreciation (124,704.00) (62,352.00)
Net Acquisition Cost P 498,820.00 P 561,172.00
TOTAL ASSETS P 510,770.00 P 807,484.00
LIABILITIES & OWNER'S EQUITY
CURRENT LIABILITIES
Accounts Payable P 83,000.00 P 37,656.00

Expanded W/holding Tax on Rental 250.00 750.00
Percentage Tax Payable 1,493.00 1,861.00
Total Liabilities P 84,743.00 P 40,267.00
OWNER'S EQUITY
JOCELYN P. CALABIO, Capital Beginning P 766,217.00 P 1,000,000.00

Add : Net/(Loss) Income for the year (510,190.00) (233,783.00)
Add : Working Capital 170,000.00 -
Total Balance Ending P 426,027.00 P 766,217.00
TOTAL LIABILITIES & OWNER'S EQUITY P 510,770.00 P 806,484.00

COMPARATIVE INCOME STATEMENT

For the year ended December 31
2015 2014
REVENUE
INCOME from RESTAURANT P 645,532.00 P 194,000.00

Less: Purchases (550,756.00) (168,788.00) 1
2
GROSS INOME P 94,776.00 P 25,212.00 3
Less: OPERATING EXPENSES 4
5
Salaries and Wages Expense P 182,969.00 P 73,063.00 6
Sales Incentives Benefit Expense 9,519.00 4,646.00 7
Electricity Expense 134,744.00 31,573.00 8
Water Consumption Expense 8,276.00 2,318.00 9
MyDSL Internet Wi-fi Expense 53,760.00 13,440.00 10
PLDT - Landline 17,136.00 4,284.00 11
Taxes and Licenses Expense 8,380.00 6,098.00 12
SSS Contribution Expense 33,288.00 4,459.00
Rental Expense 74,900.00 48,150.00
Depreciation Expense 62,352.00 62,352.00
Gasul Expense 17,142.00 7,114.00
Fuel, Oil and Lubricants Expense 755.00 248.00
Transportation and Traveling Expense 695.00 350.00
Miscellaneous Expense 1,050.00 900.00
Total Operating Expenses P 604,966.00 P 258,995.00
NET/(LOSS) INCOME from BUSINESS P (510,190.00) P (233,783.00)

SCHEDULE OF TAXES & LICENSES

Calendar Year 2014
01.20.14 Municipal License Fee Annual 6086106 A P 2,506.88

01.20.14 Electrical Fee 6086106 A 296.00
01.20.14 Garbage Fee 6086106 A 900.00
01.20.14 Health Certificate Fee 6086106 A 50.00
01.20.14 Laboratory Fee 6086106 A 60.00
01.20.14 Mechanical Fee 6086106 A 110.00
01.20.14 Mayor's Permit 6086106 A 1,000.00
01.20.14 Occupational Permit Fee 6086106 A 300.00
01.20.14 Renewal Sticker 6086106 A 5.00
01.20.14 Sanitary Permit Fee 6086106 A 200.00
01.20.14 Signboard 6086106 A 200.00
01.20.14 Sanitary Inspection Fee 6086106 A 400.00
01.20.14 Solid Waste Management 6086107 A 300.00
01.20.14 Tax Clearance 6086107 A 50.00
01.20.14 Zoning Fee 6086107 A 300.00
01.20.14 Tourism Fee 6086107 A 820.00
01.20.14 Fire Sanitary Inspection Fee 5745671 381.60
01.20.14 Business Permit Renewal 6137234 B 500.00
TOTAL TAXES AND LICENSES FOR THE YEAR 2014 P 8,379.48

purchases
48,735.00
57,411.00
47,434.00
30,807.00
53,638.00
37,353.00
275,378.00
STAR BODS XTREME GYM
(Proprietor: JAMES ANG LLANES
L1 B94 New Matina SIR Sandawa, Brgy Bucana, Davao City

As of December 31
2015 2014
ASSETS
CURRENT ASSETS

Accounts Receivable - Non Trade - 8,795.00
Creditable Tax Withheld 5,943.00 -
NON-CURRENT ASSETS
Fitness Tools & Implements P 336,981.30 P 150,000.00

Furnitures & Fixtures 20,000.00 20,000.00
Miscellaneous Assets 39,936.00 20,000.00
Land & Building Improvement 388,964.00 388,964.00
Service Equipment 980,000.00 980,000.00
Total Acquisition Cost P 1,765,881.30 P 1,558,964.00

Net Acquisition Cost P 1,483,195.97 P 1,419,964.00
TOTAL ASSETS P 1,529,238.97 P 1,439,551.00
CURRENT LIABILITIES
Loans Payable P 332,000.00 P 500,000.00

Accrued Expenses 1,779.00 1,779.00
Percentage Tax Payable 2,583.04 450.00
OWNER'S EQUITY
JAMES A. LLANES CAPITAL Beginning P 937,322.00 P 177,005.00

Add : Net Income for the year 178,274.76 60,317.00
Add : Working Capital - 750,000.00
Less: Drawings (240,000.00) (50,000.00)
TOTAL LIABILITIES & OWNER'S EQUITY P 1,211,958.80 P 1,439,551.00


2015 2014
REVENUE
TOTAL REVENUE P 819,363.05 P 309,511.00
Less: COST OF SALES

Purchases P 170,486.32 P 53,896.00
Indirect Labor 9,500.00 6,000.00
Percentage Tax Expense 24,580.89 -
Overhead Expenses 20,756.23 1,800.00
Total Cost of Services P 225,323.44 P 61,696.00
GROSS INOME P 594,039.61 P 247,815.00

Less: OPERATING EXPENSES
Allowances P 36,000.00 P 12,000.00
Benefits & Others - 1,500.00
Light and Water Expense 30,103.71 9,569.00
Postage/Telecommunication & Internet Expense - 6,962.00
Representation Expense 51,010.00 3,544.00
Insurance Expense 1,641.00 1,641.00
Taxes and Licenses Expense 16,613.32 15,064.00
Freight and Handling Expense - 440.00
Supplies and Stationeries Expense 1,423.75 6,500.00
Surcharge and Interest Expense 76,236.00 1,750.00
Repair and Maintenance Expense 20,319.44 1,232.00
Fuel, Oil and Lubricants Expense 31,599.36 946.00
Transportation and Traveling Expense 1,500.00 4,500.00
NET INCOME P 178,274.76 P 60,317.00
net income 178,274.76

less: p.e. (50,000.00)
child -
ti 128,274.76
TAX 70,000.00 8,500.00
58,274.76 0.20 11,654.95
total tax 20,154.95
less: w/tax (41,038.86)
tax refundable (20,883.91)


Calendar Year 2015

01.20.15 Building Permit Fee 6196849 A 480.00
01.20.15 Garbage Fee 6196849 A 1,200.00
01.20.15 Laboratory Fee 6196849 A 60.00
01.20.15 Mechanical Fee 6196849 A 60.00
01.20.15 Mayor's Permit 6196849 A 800.00
01.20.15 Plumbing Fee 6196849 A 120.00
01.20.15 Electrical Fee 6196849 A 296.00
01.20.15 Signboard 6196850 A 200.00
01.20.15 Tax Clearance 6196850 A 50.00
01.20.15 Zoning Fee 6196850 A 300.00
01.19.15 Fire Sanitary Inspection Fee 14-1482305 436.60
01.31.15 B.I.R. Renewal Registration Y2015 500.00
Total Taxes and Licenses (Business) P 7,964.48

Add : OTHER TAXES & LICENSES
01.19.15 License Tax 2014 1638450 P 4,882.52
01.19.15 Business Permit Fee 1638450 416.47
01.19.15 Garbage Fee 1638450 1,500.00
01.19.15 Sanitary Inspection Fee 1638450 300.00
01.19.15 License Inspection/Business Plate 1638450 200.00
01.19.15 ESPF/DM Fee/RCEP/Security Fee 1638450 319.85
01.19.15 Attorney's Fee/Medical Fee-License 1638450 150.00
01.19.15 Fire Inspection Fee 1638450 350.00
01.19.15 Building Inspection Fee 1638448 180.00
01.19.15 SSF - Sanitation Service Fee 1638448 9.00
01.19.15 FSIF 14-317173 241.00
01.19.15 FSIC 14-317173 100.00
Total Taxes and Licenses (Realtor) P 8,648.84
TOTAL TAXES AND LICENSES for the YEAR 2015 P 16,613.32

depreciation-fti 33,698.13
depreciation-f&f 4,000.00
depreciation-misc a 7,987.20
depreciation-se 98,000.00
143,685.33
income-gym 3% tax rental gym creditable
tax
1 15,000.00 450.00 - 15,000.00 1st quarter - - erobasics
2 15,000.00 450.00 - 15,000.00 2nd quarter 62,188.82 3,109.44 erobasics
3 15,000.00 450.00 - 15,000.00 3rd quarter 62,188.82 3,109.44 erobasics
4 81,501.45 2,445.04 69,651.45 11,850.00 4th quarter 62,188.82 3,109.44 erobasics
5 84,181.45 2,525.44 69,651.45 14,530.00 total 186,566.46 9,328.32
6 88,241.45 2,647.24 74,651.45 13,590.00 1st quarter 144,307.07 7,215.35 davconv
7 90,251.45 2,707.54 74,651.45 15,600.00 2nd quarter 146,634.60 7,331.73 davconv
8 86,921.45 2,607.64 74,651.45 12,270.00 3rd quarter 146,634.60 7,331.73 davconv
9 85,651.45 2,569.54 74,651.45 11,000.00 4th quarter 146,634.60 7,331.73 davconv
10 85,271.45 2,558.14 74,651.45 10,620.00 total
11 86,241.45 2,587.24 74,651.45 11,590.00 50,000.00 2,500.00 bulk
12 86,101.45 2,583.04 74,651.45 11,450.00
661,863.05 157,500.00 41,038.86
totals 819,363.05 24,580.89 820,777.33
construction gas - sc supplies meals repair homeowner freight interest

supplies ass'n expense
1 - 6,353.00
2 1,436.00 5,000.00 6,353.00
3 4,675.00 7,834.00 6,353.00
4 106,533.60 12,091.00 150.00 1,029.00 440.00 6,353.00
5 59,605.00 7,900.00 398.00 6,353.00
6 29,737.00 11,200.00 2,117.00 6,353.00
7 25,365.00 9,000.00 1,232.00 6,353.00
8 26,653.00 8,146.00 2,503.00 6,353.00
9 4,905.00 7,400.00 6,353.00
10 6,410.00 6,353.00
11 14,400.00 5,900.00 6,353.00
12 30,719.00 5,000.00 6,353.00
totals 304,028.60 85,881.00 150.00 3,544.00 1,232.00 2,503.00 440.00 76,236.00

84,935.00 (946.00)
sandawa 388,963.60 84,935.00
water 5,104.00
light 4,465.00
totals 9,569.00
KING'S SWORD SCHOOL OF MARTIAL ARTS & VALUES
(Proprietor: Roberto Nell Jone III Makinano Astudillo)
c/o Metrolifestyle Fitness Center
F. Torres St. Corner E. Jacinto Extn., Davao City 8000

As of December 31
2015 2014
ASSETS
CURRENT ASSETS

Petty Cash Fund 1,500.00 1,500.00
NON-CURRENT ASSETS

Refrigeration 35,000.00 35,000.00

Less: Accumulated Depreciation #REF! (62,352.00)
Net Acquisition Cost P #REF! P 561,172.00
TOTAL ASSETS P #REF! P 807,484.00
CURRENT LIABILITIES

OWNER'S EQUITY
JOCELYN P. CALABIO, Capital Beginning P 1,000,000.00 P 1,000,000.00

Add : Net/(Loss) Income for the year - -
Total Balance Ending P 1,170,000.00 P 1,000,000.00
TOTAL LIABILITIES & OWNER'S EQUITY P 1,254,743.00 P 1,040,267.00

F. Torres St. Corner E. Jacinto Extn., Davao City 8000

2015 2014
REVENUE
INCOME from Karate P 56,000.00 P 39,200.00

Less: Taxes and Licenses Expense (6,226.40) -
NET INCOME from OPERATION P 49,773.60 P 39,200.00


Calendar Year 2015

01.17.15 Electrical Fee 6226807 A 300.00
01.17.15 Garbage Fee 6226807 A 400.00
01.17.15 Laboratory Fee 6226807 A 60.00
01.17.15 Mechanical Fee 6226807 A 44.00
01.17.15 Mayor's Permit 6226807 A 800.00
01.17.15 Signboard 6226807 A 120.00
01.17.15 Plumbing Fee 6226807 A 120.00
01.17.15 Tax Clearance 6226808 A 50.00
01.17.15 Zoning Fee 6226808 A 300.00
01.17.15 Fire Sanitary Inspection Fee 14-1475953 299.40
01.31.15 B.I.R. Registration Renewal 0605 500.00

As of December 31
2015 2014
ASSETS
CURRENT ASSETS

Petty Cash Fund 1,500.00 1,500.00
NON-CURRENT ASSETS

Refrigeration 35,000.00 35,000.00

Net Acquisition Cost P 498,820.00 P 561,172.00
TOTAL ASSETS P 510,770.00 P 807,484.00
CURRENT LIABILITIES

OWNER'S EQUITY
JOCELYN P. CALABIO, Capital Beginning P 766,217.00 P 1,000,000.00

Add : Net/(Loss) Income for the year (510,190.00) (233,783.00)
TOTAL LIABILITIES & OWNER'S EQUITY P 510,770.00 P 806,484.00


2015 2014
REVENUE
INCOME from RESTAURANT P 645,532.00 P 194,000.00

Less: Purchases (550,756.00) (168,788.00) 1
2
GROSS INOME P 94,776.00 P 25,212.00 3
5
Salaries and Wages Expense P 182,969.00 P 73,063.00 6
Sales Incentives Benefit Expense 9,519.00 4,646.00 7
Electricity Expense 134,744.00 31,573.00 8
Water Consumption Expense 8,276.00 2,318.00 9
MyDSL Internet Wi-fi Expense 53,760.00 13,440.00 10
PLDT - Landline 17,136.00 4,284.00 11
SSS Contribution Expense 33,288.00 4,459.00
Rental Expense 74,900.00 48,150.00
Gasul Expense 17,142.00 7,114.00
Fuel, Oil and Lubricants Expense 755.00 248.00
Transportation and Traveling Expense 695.00 350.00
NET/(LOSS) INCOME from BUSINESS P (510,190.00) P (233,783.00)


Calendar Year 2014

01.20.14 Electrical Fee 6086106 A 296.00
01.20.14 Garbage Fee 6086106 A 900.00
01.20.14 Laboratory Fee 6086106 A 60.00
01.20.14 Mechanical Fee 6086106 A 110.00
01.20.14 Mayor's Permit 6086106 A 1,000.00
01.20.14 Signboard 6086106 A 200.00
01.20.14 Tax Clearance 6086107 A 50.00
01.20.14 Zoning Fee 6086107 A 300.00
01.20.14 Tourism Fee 6086107 A 820.00
01.20.14 Fire Sanitary Inspection Fee 5745671 381.60

purchases
48,735.00
57,411.00
47,434.00
30,807.00
53,638.00
37,353.00
275,378.00

As of December 31
2014 2013
ASSETS
CURRENT ASSETS

Accounts Receivable - Non Trade 8,795.00 8,794.71
Prepaid Insurance 1,653.00 1,653.00
NON-CURRENT ASSETS depreciation-fti

depreciation-f&f
Fitness Tools & Implements P 150,000.00 P 150,000.00 depreciation-misc a
Furnitures & Fixtures 20,000.00 20,000.00 depreciation-se
Miscellaneous Assets 20,000.00 20,000.00
Land & Building Improvement 388,964.00 -
Service Equipment 980,000.00 -
Total Acquisition Cost P 1,558,964.00 P 190,000.00

Net Acquisition Cost P 1,419,964.00 P 172,000.00
TOTAL ASSETS P 1,439,551.00 P 186,578.71
CURRENT LIABILITIES

Accrued Expenses 1,779.00 1,134.00
Percentage Tax Payable 450.00 -
OWNER'S EQUITY
JAMES A. LLANES CAPITAL Beginning P 177,005.00 P 214,096.00

Add : Net Income for the year 60,317.00 12,909.00
Less: Drawings (50,000.00) (50,000.00)
TOTAL LIABILITIES & OWNER'S EQUITY P 1,439,551.00 P 186,578.71

L1 B94 New Matina SIR Sandawa, Brgy Bucana, Davao City 1
2
COMPARATIVE INCOME STATEMENT 3
For the year ended December 31 4
2014 2013 5
6
REVENUE 7
8
INCOME from FITNESS GYM P 180,000.00 P 180,000.00 9
10
Total Revenue P 180,000.00 P 180,000.00 11
12
Less: COST OF SERVICES
Purchases P 51,393.00 P 48,946.00 totals
Indirect Labor 6,000.00 3,541.00
Overhead Expenses 1,800.00 1,513.00
Total Cost of Services P 59,193.00 P 54,000.00 1

2
GROSS INOME P 120,807.00 P 126,000.00 3
Allowances P 12,000.00 P 10,500.00 5
Benefits & Others 1,500.00 641.00 6
Light and Water Expense 9,569.00 6,413.00 7
Postage/Telecommunication & Internet Expense 6,962.00 4,641.00 8
Representation Expense 3,544.00 1,500.00 9
Insurance Expense 1,641.00 1,641.00 10
Freight and Handling Expense 440.00 2,341.00 12
Supplies and Stationeries Expense 6,500.00 7,961.00
Depreciation Expense 121,000.00 9,000.00 totals
Rental Expense - 55,000.00
Repair and Maintenance Expense 1,232.00 1,354.00 sandawa
Fuel, Oil and Lubricants Expense 946.00 954.00 water
Transportation and Traveling Expense 4,500.00 3,654.00 light
Miscellaneous Expense 850.00 1,950.00
totals
NET/(LOSS) INCOME from BUSINESS P (56,292.00) P 12,909.00
OTHER INCOME: RENTAL P 129,511.00

Less: Operating Expenses
Construction Supplies Expense P 2,503.00

Taxes and Licenses Expenses 8,649.00
Surcharge and Interest Expense 1,750.00
Total Operating Expenses P 12,902.00
Net Income from OTHER INCOME 116,609.00
NET INCOME FOR THE YEAR P 60,317.00


Calendar Year 2014

01.20.14 Building Permit Fee 6121504 A 480.00
01.20.14 Garbage Fee 6121504 A 296.00
01.20.14 Laboratory Fee 6121504 A 60.00
01.20.14 Mechanical Fee 6121504 A 60.00
01.20.14 Mayor's Permit 6121504 A 800.00
01.20.14 Plumbing Fee 6121504 A 120.00
01.20.14 Signboard 6121505 A 200.00
01.20.14 Tax Clearance 6121505 A 50.00
01.20.14 Zoning Fee 6121505 A 300.00
02.21.14 Fire Sanitary Inspection Fee 6149843 A 436.60
Total Taxes and Licenses (Business) P 6,414.48

Add : OTHER TAXES & LICENSES
09.15.14 License Tax 2014 1638450 P 4,882.52
09.15.14 Business Permit Fee 1638450 416.47
09.15.14 Garbage Fee 1638450 1,500.00
09.15.14 Sanitary Inspection Fee 1638450 300.00
09.15.14 License Inspection/Business Plate 1638450 200.00
09.15.14 ESPF/DM Fee/RCEP/Security Fee 1638450 319.85
09.15.14 Attorney's Fee/Medical Fee-License 1638450 150.00
09.15.14 Fire Inspection Fee 1638450 350.00
09.15.14 Building Inspection Fee 1638448 180.00
09.15.14 SSF - Sanitation Service Fee 1638448 9.00
09.15.14 FSIF 14-317173 241.00
09.15.14 FSIC 14-317173 100.00
Total Taxes and Licenses (Realtor) P 8,648.84
TOTAL TAXES AND LICENSES for the YEAR 2014 P 15,063.32

depreciation-fti 15,000.00
depreciation-f&f 4,000.00
depreciation-misc a 4,000.00
depreciation-se 98,000.00
121,000.00
income-gym 3% tax
15,000.00 450.00
15,000.00 450.00
15,000.00 450.00
15,000.00 450.00
15,000.00 450.00
15,000.00 450.00
15,000.00 450.00
15,000.00 450.00
15,000.00 450.00
15,000.00 450.00
15,000.00 450.00
15,000.00 450.00
180,000.00
construction gas - sc supplies meals repair homeowner freight

supplies ass'n
-
1,436.00 5,000.00
4,675.00 7,834.00
106,533.60 12,091.00 150.00 1,029.00 440.00
59,605.00 7,900.00 398.00
29,737.00 11,200.00 2,117.00
25,365.00 9,000.00 1,232.00
26,653.00 8,146.00 2,503.00
4,905.00 7,400.00
6,410.00
14,400.00 5,900.00
30,719.00 5,000.00
304,028.60 85,881.00 150.00 3,544.00 1,232.00 2,503.00 440.00 -

84,935.00 (946.00)
388,963.60 84,935.00
5,104.00
4,465.00
9,569.00
DATE TRANSACTIONS U.Cost AMOUNT Payments BALANCES
05.21.16 (5) sets GI: lanz lu 1,000.00 1,000.00

felline bien 1,000.00 2,000.00
louis questo 1,000.00 3,000.00
christian intal 1,000.00 4,000.00
zil malinao 1,000.00 5,000.00
05.19.16 (20) pcs belts - asstd color 100.00 2,000.00 7,000.00
05.20.16 ( 6) pcs yellowbelt 100.00 600.00 7,600.00
05.25.16 ( 6) pcs greenbelt 100.00 600.00 8,200.00
( 2) pcs yellowbelt 100.00 200.00 8,400.00
( 5) pcs orangebelt 100.00 500.00 8,900.00
05.26.16 ( 2) pcs yellowbelt 100.00 200.00 9,100.00
( 1) pc orange/white combi 120.00 120.00 9,220.00
( 2) pcs yellow/orange combi 120.00 240.00 9,460.00
05.29.16 ( 8) pcs yellowbelt 100.00 800.00 10,260.00
( 7) pcs orangebelt 100.00 700.00 10,960.00
05.31.16 ( 8) pcs yellow/white combi 120.00 960.00 11,920.00
( 4) pcs yellowbelt 100.00 400.00 12,320.00
( 2) pcs orangebelt 100.00 200.00 12,520.00
( 1) set GI ranz olis 1,000.00 13,520.00
06.10.16 BIR/PF May 2016 710.00 14,230.00
06.10.16 collection partial payment 5,000.00 9,230.00
06.13.16 ( 3) pcs bluebelt 100.00 300.00 9,530.00
( 1) set GI leizle wong 1,000.00 10,530.00
new orders: lanz lu add'l set 1,000.00 9,680.00
eujay lower only 450.00 10,130.00
raffy 1,000.00 11,130.00
paid orders: cyrus 1,000.00 1,000.00 11,130.00
paid orders: filbert 1,000.00 1,000.00 11,130.00
07.10.16 BIR/PF June 2016 710.00 11,840.00
07.26.16 (10) pcs yellowbelt 100.00 1,000.00 9,840.00
07.28.16 ( 5) pcs orangebelt 100.00 500.00 10,340.00
(31) pcs patches lining-KS 10.00 310.00 10,650.00
08.17.16 BIR/PF July 2016 710.00 11,360.00
fixing patches: dorothy, 2 pants, 2 jacket 60.00 10,420.00
BIR/PF Aug 2016 710.00 11,130.00
08.13.16 paid orders: JL & Ezekiel (1) set GI each 2,000.00 2,000.00 11,130.00
09.02.16 new orders: glher (1) set GI 1,000.00 12,130.00
kyle (1) set GI 1,000.00 13,130.00
09.13.16 labor: dorothy - back patch 20.00
patches for 2 leaders 50.00 100.00
TOTALS 28,100.00 17,980.00

PURCHASES & EXPENSES AMOUNT INCOME NET INCOME
11.06.15 oxford black 9.5 mtrs 88.00 836.00

04.17.16 katrina 4.45 mtrs 217.62
04.20.16 oxford black 15 mtrs 88.00 1,320.00
transpo 100.00
slicing white 2 shts 410.00
shoe strings 50.00
thread 50.00
05.13.16 oxford black 27.4 mtrs 88.00 2,411.20
05.20.16 slicing white 1 sht 205.00
05.20.16 katrina 18.930 mtrs 954.16
transpo 100.00
SALES; April & May 2016
GI 9 1,000.00 9,000.00
GI 5 1,000.00 5,000.00
BELTS 62 100.00 6,200.00
COMBI-BELT 11 120.00 1,320.00
thread 6 120.00 -
06.02.16 slicing white 1 sht 205.00
06.02.16 katrina 12.5 mtrs asstd color 585.00
transpo 100.00 -
06.29.16 GI - leizle 1 1,000.00 1,000.00
BELTS 3 100.00 300.00
GI - eujay half 1 450.00 450.00
GI 4 1,000.00 4,000.00
07.26.16 BELTS 10 100.00 1,000.00
07.28.16 BELTS 5 100.00 500.00
OTHER LABOR:
patches lining 31 10.00 310.00
fixing patches 3 20.00 60.00
08.13.16 GI - jl/ezekiel 2 1,000.00 2,000.00
08.31.16 NCCC asstd purchases 1,138.25
08.31.16 slicing white 1 205.00
transpo 100.00
09.02.16 GI-glher/kyle 2 1,000.00 2,000.00

-
-
-
-
-
TOTALS 8,802.23 33,140.00 24,337.77

352,332.66

Fs Huang Christopher

Uploaded by

Copyright:

Available Formats

Fs Huang Christopher

Uploaded by

Document Information

Original Description:

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Fs Huang Christopher

Uploaded by

Copyright:

Available Formats

LOUISE AND BRUCE RESTOBAR

(Proprietress: JOCELYN P. CALABIO

COMPARATIVE BALANCE SHEET

Cash on Hand & in Bank P 10,450.00 P 243,312.00

Total Current Assets P 11,950.00 P 246,312.00

Kitchen Equipment P 150,000.00 P 150,000.00

Total Acquisition Cost P 623,524.00 P 623,524.00

Net Acquisition Cost P 498,820.00 P 561,172.00

TOTAL ASSETS P 510,770.00 P 807,484.00

LIABILITIES & OWNER'S EQUITY

Accounts Payable P 83,000.00 P 37,656.00

Total Liabilities P 84,743.00 P 40,267.00

JOCELYN P. CALABIO, Capital Beginning P 766,217.00 P 1,000,000.00

Total Balance Ending P 426,027.00 P 766,217.00

TOTAL LIABILITIES & OWNER'S EQUITY P 510,770.00 P 806,484.00

COMPARATIVE INCOME STATEMENT

INCOME from RESTAURANT P 645,532.00 P 194,000.00

Total Operating Expenses P 604,966.00 P 258,995.00

NET/(LOSS) INCOME from BUSINESS P (510,190.00) P (233,783.00)

LOUISE AND BRUCE RESTOBAR

SCHEDULE OF TAXES & LICENSES

01.20.14 Municipal License Fee Annual 6086106 A P 2,506.88

TOTAL TAXES AND LICENSES FOR THE YEAR 2014 P 8,379.48

COMPARATIVE BALANCE SHEET

Cash on Hand & in Bank P 40,100.00 P 9,139.00

Total Current Assets P 46,043.00 P 19,587.00

Fitness Tools & Implements P 336,981.30 P 150,000.00

Total Acquisition Cost P 1,765,881.30 P 1,558,964.00

Net Acquisition Cost P 1,483,195.97 P 1,419,964.00

TOTAL ASSETS P 1,529,238.97 P 1,439,551.00

LIABILITIES & OWNER'S EQUITY

Loans Payable P 332,000.00 P 500,000.00

Total Liabilities P 336,362.04 P 502,229.00

JAMES A. LLANES CAPITAL Beginning P 937,322.00 P 177,005.00

Total Balance Ending P 875,596.76 P 937,322.00

TOTAL LIABILITIES & OWNER'S EQUITY P 1,211,958.80 P 1,439,551.00

COMPARATIVE INCOME STATEMENT

TOTAL REVENUE P 819,363.05 P 309,511.00

Less: COST OF SALES

Total Cost of Services P 225,323.44 P 61,696.00

GROSS INOME P 594,039.61 P 247,815.00

Total Operating Expenses P 415,764.85 P 187,498.00

NET INCOME P 178,274.76 P 60,317.00

net income 178,274.76

tax refundable (20,883.91)

STAR BODS XTREME GYM

SCHEDULE OF TAXES & LICENSES

01.20.15 Municipal License Fee Annual 6196849 A P 2,506.88

Total Taxes and Licenses (Business) P 7,964.48

Total Taxes and Licenses (Realtor) P 8,648.84

TOTAL TAXES AND LICENSES for the YEAR 2015 P 16,613.32

construction gas - sc supplies meals repair homeowner freight interest

totals 304,028.60 85,881.00 150.00 3,544.00 1,232.00 2,503.00 440.00 76,236.00

COMPARATIVE BALANCE SHEET

Cash on Hand & in Bank P 10,450.00 P 243,312.00

Total Current Assets P 11,950.00 P 246,312.00

Kitchen Equipment P 150,000.00 P 150,000.00

Total Acquisition Cost P 623,524.00 P 623,524.00

Net Acquisition Cost P #REF! P 561,172.00