COMP-YOUTH-HERS

INCOME STATEMENT
5 February - 31 March, 2018

5-28 FEB, 2018 MAR 2018 TOTAL

Income
Discounts given (5,204.00) (6,968.00) PHP (12,172.00)
Service Income- Computer Rental 15,740.00 33,160.00 PHP48,900.00
Service Income- Hardware Repair 181,700.00 398,300.00 PHP580,000.00
Service Income- Software Installation 78,500.00 143,500.00 PHP222,000.00
Total Income PHP270,736.00 PHP567,992.00 PHP838,728.00
GROSS PROFIT PHP270,736.00 PHP567,992.00 PHP838,728.00
Expenses
Advertising Expense 500.00 PHP500.00
Electricity Expense 25,561.86 27,891.86 PHP53,453.72
PAG-IBIG Contribution 1,351.94 6,430.98 PHP7,782.92
PHILHEALTH COntribution 1,340.57 3,915.63 PHP5,256.20
Rent Expense 50,000.00 50,000.00 PHP100,000.00
Repair and maintenance Expense 10,000.00 10,000.00 PHP20,000.00
Salaries and Wages 109,180.74 259,069.21 PHP368,249.95
SSS Contribution 8,218.07 21,473.64 PHP29,691.71
Telephone and Internet Expense 4,497.96 4,497.96 PHP8,995.92
Water Expense 1,217.23 1,417.23 PHP2,634.46
Total Expenses PHP211,868.37 PHP384,696.51 PHP596,564.88
Other Expenses
Depreciation Expense- Air Conditioners 1,446.00 1,446.00 PHP2,892.00
Depreciation Expense- Chairs 1,277.00 1,277.00 PHP2,554.00
Depreciation Expense- Computer Housings 571.00 571.00 PHP1,142.00
Depreciation Expense- Computers 10,169.00 10,169.00 PHP20,338.00
Depreciation Expense- Electric Fans 102.00 102.00 PHP204.00
Depreciation Expense- Generator 168.00 168.00 PHP336.00
Total Other Expenses PHP13,733.00 PHP13,733.00 PHP27,466.00
NET EARNINGS PHP45,134.63 PHP169,562.49 PHP214,697.12

Accrual Basis Monday, April 2, 2018 06:57 PM GMT+8 1/1