BIRHEN NG CANDELARIA FOUNDATION, INC.

Journal Entries
For the Month Ended Dec. 31, 2018
(Amounts in Philippine Pesos)

Date Particulars

Jan. 7, 2018 Cash and Cash Equivalents

Donation Income
To recognize donation.

Jan. 9, 2018 Cash and Cash Equivalents

Activities Proceeds
To recognize fun run proceeds.

Jan. 31, 2018 Programs and Activities

Communication, Light and Water
Taxes and Licenses
Cash and Cash Equivalents
To recognize cash disbursements for the month of Jan., 2018.

Jan. 31, 2018 Depreciation Expenses

Accumulated Depreciation
To recognize depreciation expenses for the month of Jan. 31, 2018.

Jan. 31, 2018 Donation Income

Activities Proceeds
Net Assets
Programs and Activities
Communication, Light and Water
Taxes and Licenses
Depreciation Expenses
To close nominal accounts to net assets for the month of Jan., 2018.

Feb. 28, 2018 Communication, Light and Water

Cash and Cash Equivalents
To recognize cash disbursements for the month of Feb., 2017.

Feb. 28, 2018 Depreciation Expenses

Accumulated Depreciation
To recognize depreciation expenses for the month of Feb. 28, 2018.

Feb. 28, 2018 Net Assets

Communication, Light and Water
Depreciation Expenses
To close nominal accounts to net assets for the month of Feb., 2018.

Mar. 31, 2018 Communication, Light and Water

Cash and Cash Equivalents
To recognize cash disbursements for the month of Mar., 2018.

Mar. 31, 2018 Depreciation Expenses

Accumulated Depreciation
To recognize depreciation expenses for the month of Mar. 31, 2018.

Mar. 31, 2018 Net Assets

Communication, Light and Water
Depreciation Expenses
 To close nominal accounts to net assets for the month of Mar., 2018.

Apr. 30, 2018 Communication, Light and Water

Office Supplies
Scholarship Grants to Students
Transportation and Travel
Cash and Cash Equivalents
To recognize cash disbursements for the month of Apr., 2018.

Apr. 30, 2018 Depreciation Expenses

Accumulated Depreciation
To recognize depreciation expenses for the month of Apr. 30, 2018.

Apr. 30, 2018 Net Assets

Communication, Light and Water
Office Supplies
Scholarship Grants to Students
Transportation and Travel
Depreciation Expenses
To close nominal accounts to net assets for the month of Apr., 2018.

May 13, 2018 Cash and Cash Equivalents

Donation Income
To recognize donation.

May 15, 2018 Cash and Cash Equivalents

Donation Income
To recognize donation.

May 16, 2018 Cash and Cash Equivalents

Activities Proceeds
To recognize fun run proceeds.

May 31, 2018 Communication, Light and Water

Office Supplies
Transportation and Travel
Cash and Cash Equivalents
To recognize cash disbursements for the month of May, 2018.

May 31, 2018 Depreciation Expenses

Accumulated Depreciation
To recognize depreciation expenses for the month of May 31, 2018.

May 31, 2018 Donation Income

Activities Proceeds
Net Assets
Communication, Light and Water
Office Supplies
Transportation and Travel
Depreciation Expenses
To close nominal accounts to net assets for the month of May, 2018.

Jun. 30, 2018 Communication, Light and Water

Programs and Activities
Office Supplies
Cash and Cash Equivalents
To recognize cash disbursements for the month of Jun., 2018.

Jun. 30, 2018 Depreciation Expenses

Accumulated Depreciation
 To recognize depreciation expenses for the month of Jun. 30, 2018.

Jun. 30, 2018 Net Assets

Communication, Light and Water
Office Supplies
Programs and Activities
Depreciation Expenses
To close nominal accounts to net assets for the month of Jun., 2018.

Oct. 2, 2018 Cash and Cash Equivalents

Donation Income
To recognize donation.

Oct. 3, 2018 Cash and Cash Equivalents

Donation Income
To recognize donation.

Oct. 4, 2018 Cash and Cash Equivalents

Activities Proceeds
To recognize fun activity proceeds.

Oct. 31, 2018 Communication, Light and Water

Office Supplies
Transportation and Travel
Cash and Cash Equivalents
To recognize cash disbursements for the month of Oct., 2018.

Oct. 31, 2018 Depreciation Expenses

Accumulated Depreciation
To recognize depreciation expenses for the months of Jul. 1 to Oct. 31, 2018.

Oct. 31, 2018 Donation Income

Activities Proceeds
Net Assets
Communication, Light and Water
Office Supplies
Transportation and Travel
Depreciation Expenses
To close nominal accounts to net assets for the month of Oct., 2018.

Nov. 30, 2018 Communication, Light and Water

Office Supplies
Transportation and Travel
Cash and Cash Equivalents
To recognize cash disbursements for the month of Nov., 2018.

Nov. 30, 2018 Depreciation Expenses

Accumulated Depreciation
To recognize depreciation expenses for the month of Nov. 30, 2018.

Nov. 30, 2018 Net Assets

Communication, Light and Water
Office Supplies
Transportation and Travel
Depreciation Expenses
To close nominal accounts to net assets for the month of Nov., 2018.

Dec. 31, 2018 Programs and Activities

Communication, Light and Water
Office Supplies
 Transportation and Travel
Cash and Cash Equivalents
To recognize cash disbursements for the month of Dec., 2018.

Dec. 31, 2018 Depreciation Expenses

Accumulated Depreciation
To recognize depreciation expenses for the months of Dec. 31, 2018.

Dec. 31, 2018 Net Assets

Programs and Activities
Communication, Light and Water
Office Supplies
Transportation and Travel
Depreciation Expenses
To close nominal accounts to net assets for the month of Dec., 2018.

Dec. 31, 2018 Cash and Cash Equivalents

Accounts Payable
Accounts Receivable
Inventory
Net Assets
To record auditor's adjustments.
 BIRHEN NG CANDELARIA FOUNDATION, INC.
Journal Entries
For the Month Ended Dec. 31, 2018
(Amounts in Philippine Pesos)

Debit Credit

Equivalents 83,000.00
83,000.00

Equivalents 78,298.00
78,298.00
run proceeds.

40,556.38
Light and Water 4,400.33
500.00
ash Equivalents 45,456.71
sh disbursements for the month of Jan., 2018.

9,099.20
d Depreciation 9,099.20
preciation expenses for the month of Jan. 31, 2018.

83,000.00
78,298.00
106,742.09
d Activities 40,556.38
ion, Light and Water 4,400.33
500.00
Expenses 9,099.20
accounts to net assets for the month of Jan., 2018.

Light and Water 861.82

ash Equivalents 861.82
sh disbursements for the month of Feb., 2017.

9,099.20
d Depreciation 9,099.20
preciation expenses for the month of Feb. 28, 2018.

9,961.02
ion, Light and Water 861.82
Expenses 9,099.20
accounts to net assets for the month of Feb., 2018.

Light and Water 2,576.87

ash Equivalents 2,576.87
sh disbursements for the month of Mar., 2018.

9,099.20
d Depreciation 9,099.20
preciation expenses for the month of Mar. 31, 2018.

11,676.07
ion, Light and Water 2,576.87
Expenses 9,099.20
 accounts to net assets for the month of Mar., 2018.

Light and Water 1,459.93

1,775.73
nts to Students 150,000.00
1,408.00
ash Equivalents 154,643.66
sh disbursements for the month of Apr., 2018.

9,099.20
d Depreciation 9,099.20
preciation expenses for the month of Apr. 30, 2018.

163,742.86
ion, Light and Water 1,459.93
1,775.73
Grants to Students 150,000.00
on and Travel 1,408.00
Expenses 9,099.20
accounts to net assets for the month of Apr., 2018.

Equivalents 287,000.00
287,000.00

Equivalents 66,000.00
66,000.00

Equivalents 62,891.50
62,891.50
run proceeds.

Light and Water 9,292.09

16,722.94
1,307.00
ash Equivalents 27,322.03
sh disbursements for the month of May, 2018.

9,099.20
d Depreciation 9,099.20
preciation expenses for the month of May 31, 2018.

353,000.00
62,891.50
379,470.27
ion, Light and Water 9,292.09
16,722.94
on and Travel 1,307.00
Expenses 9,099.20
accounts to net assets for the month of May, 2018.

Light and Water 23,590.96

40,644.10
4,334.27
ash Equivalents 68,569.33
sh disbursements for the month of Jun., 2018.

9,099.20
d Depreciation 9,099.20
preciation expenses for the month of Jun. 30, 2018.

77,668.53
ion, Light and Water 23,590.96
4,334.27
d Activities 40,644.10
Expenses 9,099.20
accounts to net assets for the month of Jun., 2018.

Equivalents 745,000.00
745,000.00

Equivalents 52,000.00
52,000.00

Equivalents 243,574.50
243,574.50
activity proceeds.

Light and Water 70,688.85

57,596.50
333.00
ash Equivalents 128,618.35
sh disbursements for the month of Oct., 2018.

36,396.80
d Depreciation 36,396.80
preciation expenses for the months of Jul. 1 to Oct. 31, 2018.

797,000.00
243,574.50
875,559.35
ion, Light and Water 70,688.85
57,596.50
on and Travel 333.00
Expenses 36,396.80
accounts to net assets for the month of Oct., 2018.

Light and Water 63,724.22

53,029.38
1,252.00
ash Equivalents 118,005.60
sh disbursements for the month of Nov., 2018.

9,099.20
d Depreciation 9,099.20
preciation expenses for the month of Nov. 30, 2018.

127,104.80
ion, Light and Water 63,724.22
53,029.38
on and Travel 1,252.00
Expenses 9,099.20
accounts to net assets for the month of Nov., 2018.

168,967.52
Light and Water 60,704.93
63,857.18
 15,562.00
ash Equivalents 309,091.63
sh disbursements for the month of Dec., 2018.

9,099.20
d Depreciation 9,099.20
preciation expenses for the months of Dec. 31, 2018.

318,190.83
d Activities 168,967.52
ion, Light and Water 60,704.93
63,857.18
on and Travel 15,562.00
Expenses 9,099.20
accounts to net assets for the month of Dec., 2018.

Equivalents 156,605.14
34,643.40
15,022.00
175,725.75
500.79
r's adjustments.

5,099,457.05 5,099,457.05
BIRHEN NG CANDELARIA FOUNDATION, INC.
Cash Receipts Journal
For the Quarter Ended Mar. 31, 2018
(Amounts in Philippine Pesos)

OR # Date Description

29 Jan. 7, 2018 DONATION

30 Jan. 9, 2018 ACTIVITIES PROCEEDS
BIRHEN NG CANDELARIA FOUNDATION, INC.
Cash Receipts Journal
For the Quarter Ended Jun. 30, 2018
(Amounts in Philippine Pesos)

OR # Date Description

31 May 13, 2018 DONATION

32 May 15, 2018 DONATION
33 May 16, 2018 ACTIVITIES PROCEEDS

BIRHEN NG CANDELARIA FOUNDATION, INC.

Cash Receipts Journal
For the Quarter Ended Dec. 31, 2018
(Amounts in Philippine Pesos)

OR # Date Description

34 Oct. 2, 2018 DONATION

35 Oct. 3, 2018 DONATION
36 Oct. 4, 2018 ACTIVITIES PROCEEDS
 Additional Fund
Incorporators' Activities Raising
Contributions Donations Proceeds Proceeds Bequests Others

83,000.00
78,298.00

- 83,000.00 78,298.00 - - -
 Additional Fund
Incorporators' Activities Raising
Contributions Donations Proceeds Proceeds Bequests Others

287,000.00
66,000.00
62,891.50

- 353,000.00 62,891.50 - - -

Additional Fund
Incorporators' Activities Raising
Contributions Donations Proceeds Proceeds Bequests Others

745,000.00
52,000.00
243,574.50

- 797,000.00 243,574.50 - - -
Miscellaneous
Income Total

83,000.00
78,298.00

- 161,298.00
Miscellaneous
Income Total

287,000.00
66,000.00
62,891.50

- 415,891.50

Miscellaneous
Income Total

745,000.00
52,000.00
243,574.50

- 1,040,574.50
BIRHEN NG CANDELARIA FOUNDATION, INC.
Cash Disbursement Journal
For the Year Ended Dec. 31, 2018
(Amounts in Philippine Pesos)

OR/SI Fixed Programs & Office

Date Supplier/Description No. Assets Activities C, L & W Supplies

Jan. 31, 2018 Programs and Activities, Communication, Light and Water, and Taxes and Licenses 40,556.38 4,400.33
Feb. 28, 2018 Communication, Light and Water 861.82
Mar. 31, 2018 Communication, Light and Water 2,576.87
Apr. 30, 2018 Communication, Light and Water, Office Supplies, Scholarship Grants to Students, and Transportation and 1,459.93 1,775.73
May 31, 2018 Communication, Light and Water, Office Supplies, and Transportation and Travel 9,292.09 16,722.94
Jun. 30, 2018 Communication, Light and Water, Office Supplies, and Transportation and Travel 40,644.10 23,590.96 4,334.27
Oct. 31, 2018 Communication, Light and Water, Office Supplies, and Transportation and Travel 70,688.85 57,596.50
Nov. 30, 2018 Communication, Light and Water, Office Supplies, and Transportation and Travel 63,724.22 53,029.38
Dec. 31, 2018 Programs and Activities, Communication, Light and Water, Office Supplies, and Transpor 168,967.52 60,704.93 63,857.18

- 250,168.00 237,300.00 197,316.00

Scholarship
Grants to Transpo. Taxes & Other Misc.
Students & Travel Licenses Expenses Expenses Total

500.00 45,456.71
861.82
2,576.87
150,000.00 1,408.00 154,643.66
1,307.00 27,322.03
68,569.33
333.00 128,618.35
1,252.00 118,005.60
15,562.00 309,091.63

150,000.00 19,862.00 500.00 - - 855,146.00

 BIRHEN NG CANDELARIA FOUNDATION, INC.
General Ledger
For the Year Ended Dec. 31, 2018
(Amounts in Philippine Pesos)

ASSETS

ACCOUNT: CASH AND CASH EQUIVALENTS

Date Particulars

Jan. 1, 2018 Account balance forward

Jan. 7, 2018 Donation
Jan. 9, 2018 Activities Proceeds
Jan. 31, 2018 Cash disbursements for the month of Jan., 2018
Feb. 28, 2018 Communication, Light and Water
Mar. 31, 2018 Communication, Light and Water
Apr. 30, 2018 Cash disbursements for the month of Apr., 2018
May 13, 2018 Donation
May 15, 2018 Donation
May 16, 2018 Activities Proceeds
May 31, 2018 Donation
Jun. 30, 2018 Cash disbursements for the month of Jun., 2018
Oct. 2, 2018 Donation
Oct. 3, 2018 Donation
Oct. 4, 2018 Activities Proceeds
Oct. 31, 2018 Cash disbursements for the month of Oct., 2018
Nov. 30, 2018 Cash disbursements for the month of Nov., 2018
Dec. 31, 2018 Cash disbursements for the month of Dec., 2018
Dec. 31, 2018 Auditor's adjustment
DATION, INC.

2018
sos)

Amount Balance

547,689.26 547,689.26
83,000.00 630,689.26
78,298.00 708,987.26
(45,456.71) 663,530.55
(861.82) 662,668.73
(2,576.87) 660,091.86
(154,643.66) 505,448.20
287,000.00 792,448.20
66,000.00 858,448.20
62,891.50 921,339.70
(27,322.03) 894,017.67
(68,569.33) 825,448.34
745,000.00 1,570,448.34
52,000.00 1,622,448.34
243,574.50 1,866,022.84
(128,618.35) 1,737,404.49
(118,005.60) 1,619,398.89
(309,091.63) 1,310,307.26
156,605.14 1,466,912.40
1,466,912.40
1,466,912.40
1,466,912.40
1,466,912.40
1,466,912.40
1,466,912.40
1,466,912.40
1,466,912.40
1,466,912.40
1,466,912.40
1,466,912.40
1,466,912.40
1,466,912.40
 BIRHEN NG CANDELARIA FOUNDATION, INC.
General Ledger
For the Year Ended Dec. 31, 2018
(Amounts in Philippine Pesos)

ASSETS

ACCOUNT: ACCOUNTS RECEIVABLES

Date Particulars

Jan. 1, 2018 Account balance forward

Dec. 31, 2018 Auditor's adjustment
OUNDATION, INC.
er
c. 31, 2018
e Pesos)

Amount Balance

25,000.00 25,000.00
(15,022.00) 9,978.00
 BIRHEN NG CANDELARIA FOUNDATION, INC.
General Ledger
For the Year Ended Dec. 31, 2018
(Amounts in Philippine Pesos)

ASSETS

ACCOUNT: PREPAID EXPENSES

Date Particulars

Jan. 1, 2018
OUNDATION, INC.
er
c. 31, 2018
e Pesos)

Amount Balance

-
-
 BIRHEN NG CANDELARIA FOUNDATION, INC.
General Ledger
For the Year Ended Dec. 31, 2018
(Amounts in Philippine Pesos)

ASSETS

ACCOUNT: INVENTORY

Date Particulars

Jan. 1, 2018 Account balance forward

Dec. 31, 2018 Auditor's adjustment
OUNDATION, INC.
er
c. 31, 2018
e Pesos)

Amount Balance

175,725.75 175,725.75
(175,725.75) -
 BIRHEN NG CANDELARIA FOUNDATION, INC.
General Ledger
For the Year Ended Dec. 31, 2018
(Amounts in Philippine Pesos)

ASSETS

ACCOUNT: PROPERTY, PLANT AND EQUIPMENT

Date Particulars

Jan. 1, 2018 Account balance forward

Jan. 31, 2018 Accumulated depreciation
Feb. 28, 2018 Accumulated depreciation
Mar. 31, 2018 Accumulated depreciation
Apr. 30, 2018 Accumulated depreciation
May 31, 2018 Accumulated depreciation
Jun. 30, 2018 Accumulated depreciation
Oct. 31, 2018 Accumulated depreciation
Nov. 30, 2018 Accumulated depreciation
Dec. 31, 2018 Accumulated depreciation
Dec. 31, 2017 Auditor's adjustments
OUNDATION, INC.
er
c. 31, 2018
e Pesos)

Amount Balance

1,569,606.00 1,569,606.00
(9,099.20) 1,560,506.80
(9,099.20) 1,551,407.60
(9,099.20) 1,542,308.40
(9,099.20) 1,533,209.20
(9,099.20) 1,524,110.00
(9,099.20) 1,515,010.80
(36,396.80) 1,478,614.00
(9,099.20) 1,469,514.80
(9,099.20) 1,460,415.60
1,460,415.60
 BIRHEN NG CANDELARIA FOUNDATION, INC.
General Ledger
For the Year Ended Dec. 31, 2018
(Amounts in Philippine Pesos)

ASSETS

ACCOUNT: ACCOUNTS PAYABLE

Date Particulars

Jan. 1, 2018 Account balance forward

Dec. 31, 2018 Auditor's adjustment
OUNDATION, INC.
er
c. 31, 2018
e Pesos)

Amount Balance

34,643.40 34,643.40
(34,643.40) -
 BIRHEN NG CANDELARIA FOUNDATION, INC.
General Ledger
For the Year Ended Dec. 31, 2018
(Amounts in Philippine Pesos)

OWNER'S EQUITY

ACCOUNT: NET ASSETS

Date Particulars

Jan. 1, 2018 Account balance forward

Jan. 31, 2018 To close nominal accounts for the month of Jan., 2018
Feb. 28, 2018 To close nominal accounts for the month of Feb., 2018
Mar. 31, 2018 To close nominal accounts for the month of Mar., 2018
Apr. 30, 2018 To close nominal accounts for the month of Apr., 2018
May 31, 2018 To close nominal accounts for the month of May, 2018
Jun. 30, 2018 To close nominal accounts for the month of Jun., 2018
Oct. 31, 2018 To close nominal accounts for the month of Oct., 2018
Nov. 30, 2018 To close nominal accounts for the month of Nov., 2018
Dec. 31, 2018 To close nominal accounts for the month of Dec., 2018
Dec. 31, 2018 Auditor's adjustments
OUNDATION, INC.
er
c. 31, 2018
e Pesos)

Amount Balance

2,283,377.61 2,283,377.61
106,742.09 2,390,119.70
(9,961.02) 2,380,158.68
(11,676.07) 2,368,482.61
(163,742.86) 2,204,739.75
379,470.27 2,584,210.02
(77,668.53) 2,506,541.49
875,559.35 3,382,100.84
(127,104.80) 3,254,996.04
(318,190.83) 2,936,805.21
500.79 2,937,306.00