11:15 AM Tokyo Consulting Firm Co.

,Ltd ( Philippines)
03 19 18
Accrual Basis
Trial Balance
As of December 31, 2017

AQAAAAkFAS
AQCxFlRyaWF Dec 31, 18
sIEJhbGFuY2U
AAAAAAAAAA
Code
AAAAAAAAAA
AAAAAAABAA Account Debit
AAAAAAAAAA
AA
1001 Time deposit 11,647,123.90
AAAAAAAAAA
AAAAAAAAAA
1002 Cash in Bank 3,646,851.28
AAAAAAAAAA
1003 Accounts Receivable
AAAAAAAAAA 8,456,052.84
AAAAAAAAAA
1004 Advances by Employees 4,687,499.49
AAAAAAAAAA
AAAAAAAAA
1005 Prepaid Expense 1,444,239.56
GwAAAAAAA
1006 Deposit
AAAAAAAAAB 1,379,711.35
EVwEAMgAMA
1007 Interest Receivable 10,451.05
AEAAAAAAAA
AAQANAQEG4
1008 Prepaid tax 2,615,477.24
QcfDOEHAAA
1009 Other Receivable
BAAAAAAAAA 663,192.19
AAAAAAAAAA
1010 Input VAT 44,480.77
AAAAAAAAAA
AAAekRXBQB
1011 Leasehold Improvement 743,961.00
yBgH/AAAAAA
1012 Equipment
AAAAAAAAAA 302,612.21
AAAAAAAAAA
1013 Accumulated Depreciation
AAAAAAAAAA
AAAAAAAAAA
1014 Long-term advanced payment 100,000.00
AAAAAAAAAA
2001 Accounts Payable
AAAAAAAAAA 18,934.99
AAAAAAAAAA
2002 Advances by customers
AAAAAAAAAA
AAAAAAAAAA
2003 Deposit payable:Accrued PAG-IBIG contribution
AAAAAAAAAA
2004 Deposit payable:Accrued PAG-IBIG Loan payable
AAAAAAAAAA
AAAAAAAAAA
2005 Deposit payable:Accrued PHILHEALTH contribution
AAAAAAAAAA
AAAAAAAAAA
2006 Deposit payable:Accrued SSS contribution pay
AAAAAAAAAA
2007 Deposit payable:Accrued SSS Loan payable
AAAAAAAAAA
AAAAAAAAAA
2008 Deposit payable:Accrued withholding tax - C
AAAAAAAAAA
AAAAAAAAAA
2009 Deposit payable:Accrued withholding tax - E
AAAAAAAAAA
2010 Accrued salary
AAAAAAAAAA
AAAAAPj/vAJ
2011 Output VAT
BcmlhbAAAA
3001 Capital Stock
AAAAAAAAAA
AAAAAAAAAA
3002 Retained Earnings
AAAAAAAAAA
AAAAAAAAAA
4001 Sales
AAAABAyMjIy
5001 Cost of Sales
MjIQAPj/vAJBc 97,000.00
mlhbAAAAAA
5002 Income tax expense
AAAAAAAAAA 1,536,836.24
AAAAAAAAAA
5003 Salary 8,491,307.82
AAAAAAAAAA
5004 legal welfare expenses
AAAAAAAAAA 475,318.10
AABAyMjIyMjI
5005 Commuting cost
QAPj/kAFBcml 739,852.53
hbAAAAAAAA
5006 Expense for employment 15,966.17
AAAAAAAAAA
5007 Travelling expense
AAAAAAAAAA 96,684.09
AAAAAAAAAA
5008 Communication expense
AAAAAAAAAA 280,900.50
BAyMjIyMjIQA
5009 Expense repairs 21,649.10
Pj/vAJBcmlhb
5010 Utility expense
AAAAAAAAAA 231,846.55
AAAAAAAAAA
5011 Tax and dues
AAAAAAAAAA 15,751.64
AAAAAAAAAA
5012 Membership fee 24,243.75
AAAAAAAABA
5013 Depreciation
yMjIyMjIQAPT/ 30,393.92
vAJBcmlhbAA
5014 Rent expense
AAAAAAAAAA 2,066,267.43
AAAAAAAAAA
6001 Miscellaneous expenses 135,566.24
AAAAAAAAAA
6002 Interest income
AAAAAAAAAA
AAAAAABAyM
6003 miscellaneous revenues
jIyMjIQAPL/vA
JBcmlhbAAAA
TOTAL
AAAAAAAAAA 50,020,171.95
AAAAAAAAAA
AAAAAAAAAA
AAAAAAAAAA
AAAABAyMjIy Page 1 of 21
MjIQAPb/vAJB
cmlhbAAAAA
11:15 AM Tokyo Consulting Firm Co.,Ltd ( Philippines)
03 19 18
Accrual Basis
Trial Balance
As of December 31, 2017

AQAAAAkFAS
AQCxFlRyaWF Dec 31, 18
sIEJhbGFuY2U
AAAAAAAAAA
Code
AAAAAAAAAA
AAAAAAABAA Account Credit
AAAAAAAAAA
AA
1001 Time deposit
AAAAAAAAAA
AAAAAAAAAA
1002 Cash in Bank
AAAAAAAAAA
1003 Accounts Receivable
AAAAAAAAAA
AAAAAAAAAA
1004 Advances by Employees
AAAAAAAAAA
AAAAAAAAA
1005 Prepaid Expense
GwAAAAAAA
1006 Deposit
AAAAAAAAAB
EVwEAMgAMA
1007 Interest Receivable
AEAAAAAAAA
AAQANAQEG4
1008 Prepaid tax
QcfDOEHAAA
1009 Other Receivable
BAAAAAAAAA
AAAAAAAAAA
1010 Input VAT
AAAAAAAAAA
AAAekRXBQB
1011 Leasehold Improvement
yBgH/AAAAAA
1012 Equipment
AAAAAAAAAA
AAAAAAAAAA
1013 Accumulated Depreciation 228,663.20
AAAAAAAAAA
AAAAAAAAAA
1014 Long-term advanced payment
AAAAAAAAAA
2001 Accounts Payable
AAAAAAAAAA
AAAAAAAAAA
2002 Advances by customers 615,224.70
AAAAAAAAAA
AAAAAAAAAA
2003 Deposit payable:Accrued PAG-IBIG contribution 7,800.00
AAAAAAAAAA
2004 Deposit payable:Accrued PAG-IBIG Loan payable
AAAAAAAAAA 4,238.14
AAAAAAAAAA
2005 Deposit payable:Accrued PHILHEALTH contribution 25,400.00
AAAAAAAAAA
AAAAAAAAAA
2006 Deposit payable:Accrued SSS contribution pay 89,083.20
AAAAAAAAAA
2007 Deposit payable:Accrued SSS Loan payable
AAAAAAAAAA 1,453.57
AAAAAAAAAA
2008 Deposit payable:Accrued withholding tax - C 65,750.98
AAAAAAAAAA
AAAAAAAAAA
2009 Deposit payable:Accrued withholding tax - E 42,154.04
AAAAAAAAAA
2010 Accrued salary
AAAAAAAAAA 523,846.51
AAAAAPj/vAJ
2011 Output VAT 269,873.54
BcmlhbAAAA
3001 Capital Stock
AAAAAAAAAA 8,822,731.52
AAAAAAAAAA
3002 Retained Earnings
AAAAAAAAAA 14,238,244.01
AAAAAAAAAA
4001 Sales 25,074,853.45
AAAABAyMjIy
5001 Cost of Sales
MjIQAPj/vAJBc
mlhbAAAAAA
5002 Income tax expense
AAAAAAAAAA
AAAAAAAAAA
5003 Salary
AAAAAAAAAA
5004 legal welfare expenses
AAAAAAAAAA
AABAyMjIyMjI
5005 Commuting cost
QAPj/kAFBcml
hbAAAAAAAA
5006 Expense for employment
AAAAAAAAAA
5007 Travelling expense
AAAAAAAAAA
AAAAAAAAAA
5008 Communication expense
AAAAAAAAAA
BAyMjIyMjIQA
5009 Expense repairs
Pj/vAJBcmlhb
5010 Utility expense
AAAAAAAAAA
AAAAAAAAAA
5011 Tax and dues
AAAAAAAAAA
AAAAAAAAAA
5012 Membership fee
AAAAAAAABA
5013 Depreciation
yMjIyMjIQAPT/
vAJBcmlhbAA
5014 Rent expense
AAAAAAAAAA
AAAAAAAAAA
6001 Miscellaneous expenses
AAAAAAAAAA
6002 Interest income
AAAAAAAAAA 7,228.81
AAAAAABAyM
6003 miscellaneous revenues
jIyMjIQAPL/vA 3,626.28
JBcmlhbAAAA
TOTAL
AAAAAAAAAA 50,020,171.95
AAAAAAAAAA
AAAAAAAAAA
AAAAAAAAAA
AAAABAyMjIy Page 2 of 21
MjIQAPb/vAJB
cmlhbAAAAA
11:15 AM Tokyo Consulting Firm Co.,Ltd ( Philippines)
03 19 18
Accrual Basis
Trial Balance
As of December 31, 2017

AQAAAAkFAS
AQCxFlRyaWF
sIEJhbGFuY2U
AAAAAAAAAA
Code
AAAAAAAAAA
AAAAAAABAA Account
AAAAAAAAAA
AA
1001 Time deposit 11,647,123.90
AAAAAAAAAA
AAAAAAAAAA
1002 Cash in Bank 3,646,851.28
AAAAAAAAAA
1003 Accounts Receivable
AAAAAAAAAA 8,456,052.84
AAAAAAAAAA
1004 Advances by Employees 4,687,499.49
AAAAAAAAAA
AAAAAAAAA
1005 Prepaid Expense 1,444,239.56
GwAAAAAAA
1006 Deposit
AAAAAAAAAB 1,379,711.35
EVwEAMgAMA
1007 Interest Receivable 10,451.05
AEAAAAAAAA
AAQANAQEG4
1008 Prepaid tax 2,615,477.24
QcfDOEHAAA
1009 Other Receivable
BAAAAAAAAA 663,192.19
AAAAAAAAAA
1010 Input VAT 44,480.77
AAAAAAAAAA
AAAekRXBQB
1011 Leasehold Improvement 743,961.00
yBgH/AAAAAA
1012 Equipment
AAAAAAAAAA 302,612.21
AAAAAAAAAA
1013 Accumulated Depreciation (228,663.20)
AAAAAAAAAA
AAAAAAAAAA
1014 Long-term advanced payment 100,000.00
AAAAAAAAAA
2001 Accounts Payable
AAAAAAAAAA 18,934.99
AAAAAAAAAA
2002 Advances by customers (615,224.70)
AAAAAAAAAA
AAAAAAAAAA
2003 Deposit payable:Accrued PAG-IBIG contribution (7,800.00)
AAAAAAAAAA
2004 Deposit payable:Accrued PAG-IBIG Loan payable
AAAAAAAAAA (4,238.14)
AAAAAAAAAA
2005 Deposit payable:Accrued PHILHEALTH contribution (25,400.00)
AAAAAAAAAA
AAAAAAAAAA
2006 Deposit payable:Accrued SSS contribution pay (89,083.20)
AAAAAAAAAA
2007 Deposit payable:Accrued SSS Loan payable
AAAAAAAAAA (1,453.57)
AAAAAAAAAA
2008 Deposit payable:Accrued withholding tax - C (65,750.98)
AAAAAAAAAA
AAAAAAAAAA
2009 Deposit payable:Accrued withholding tax - E (42,154.04)
AAAAAAAAAA
2010 Accrued salary
AAAAAAAAAA (523,846.51)
AAAAAPj/vAJ
2011 Output VAT (269,873.54)
BcmlhbAAAA
3001 Capital Stock
AAAAAAAAAA (8,822,731.52)
AAAAAAAAAA
3002 Retained Earnings
AAAAAAAAAA (14,238,244.01)
AAAAAAAAAA
4001 Sales (25,074,853.45)
AAAABAyMjIy
5001 Cost of Sales
MjIQAPj/vAJBc 97,000.00
mlhbAAAAAA
5002 Income tax expense
AAAAAAAAAA 1,536,836.24
AAAAAAAAAA
5003 Salary 8,491,307.82
AAAAAAAAAA
5004 legal welfare expenses
AAAAAAAAAA 475,318.10
AABAyMjIyMjI
5005 Commuting cost
QAPj/kAFBcml 739,852.53
hbAAAAAAAA
5006 Expense for employment 15,966.17
AAAAAAAAAA
5007 Travelling expense
AAAAAAAAAA 96,684.09
AAAAAAAAAA
5008 Communication expense
AAAAAAAAAA 280,900.50
BAyMjIyMjIQA
5009 Expense repairs 21,649.10
Pj/vAJBcmlhb
5010 Utility expense
AAAAAAAAAA 231,846.55
AAAAAAAAAA
5011 Tax and dues
AAAAAAAAAA 15,751.64
AAAAAAAAAA
5012 Membership fee 24,243.75
AAAAAAAABA
5013 Depreciation
yMjIyMjIQAPT/ 30,393.92
vAJBcmlhbAA
5014 Rent expense
AAAAAAAAAA 2,066,267.43
AAAAAAAAAA
6001 Miscellaneous expenses 135,566.24
AAAAAAAAAA
6002 Interest income
AAAAAAAAAA (7,228.81)
AAAAAABAyM
6003 miscellaneous revenues
jIyMjIQAPL/vA (3,626.28)
JBcmlhbAAAA
TOTAL
AAAAAAAAAA 0.00
AAAAAAAAAA
AAAAAAAAAA
AAAAAAAAAA
AAAABAyMjIy Page 3 of 21
MjIQAPb/vAJB
cmlhbAAAAA
ABC Company
Lead Schedules - 2018
For the year ended 2018

TRIAL BALANCE

Account
FS Presentation Code Account Description
Cash and Cash Equivalents 1001 Time deposit
Cash and Cash Equivalents 1002 Cash in Bank
Trade and Other Receivables 1003 Accounts Receivable
Trade and Other Receivables 1004 Advances by Employees
Other Current Assets 1005 Prepaid Expense
Other Current Assets 1006 Deposit
Other Current Assets 1007 Interest Receivable
Other Current Assets 1008 Prepaid tax
Other Current Assets 1009 Other Receivable
Other Current Assets 1010 Input VAT
Property, Plant and Equipment 1011 Leasehold Improvement
Property, Plant and Equipment 1012 Equipment
Property, Plant and Equipment 1013 Accumulated Depreciation
Other Non Current Assets 1014 Long-term advanced payment
Trade Payables 2001 Accounts Payable
Trade Payables 2002 Advances by customers
Other Current Liabilities 2003 Deposit payable:Accrued PAG-IBIG contribution
Other Current Liabilities 2004 Deposit payable:Accrued PAG-IBIG Loan payable
Other Current Liabilities 2005 Deposit payable:Accrued PHILHEALTH contribution
Other Current Liabilities 2006 Deposit payable:Accrued SSS contribution pay
Other Current Liabilities 2007 Deposit payable:Accrued SSS Loan payable
Other Current Liabilities 2008 Deposit payable:Accrued withholding tax - C
Other Current Liabilities 2009 Deposit payable:Accrued withholding tax - E
Other Current Liabilities 2010 Accrued salary
Other Current Liabilities 2011 Output VAT
Equity 3001 Capital Stock
Equity 3002 Retained Earnings
Sales 4001 Sales
Cost of Sales 5001 Cost of Sales
General Expenses 5002 Income tax expense
Administrative Expenses 5003 Salary
Administrative Expenses 5004 legal welfare expenses
General Expenses 5005 Commuting cost
General Expenses 5006 Expense for employment
General Expenses 5007 Travelling expense
Administrative Expenses 5008 Communication expense
General Expenses 5009 Expense repairs
General Expenses 5010 Utility expense
Administrative Expenses 5011 Tax and dues
Administrative Expenses 5012 Membership fee
Administrative Expenses 5013 Depreciation
Administrative Expenses 5014 Rent expense
Other Income (Expense) 6001 Miscellaneous expenses
Other Income (Expense) 6002 Interest income
Other Income (Expense) 6003 miscellaneous revenues
Check
ABC Company
Lead Schedules - 2018
For the year ended 2018

TRIAL BALANCE

Account
FS Presentation Code Account Description
Income
 2017 2018

11,647,124.00 11,647,123.90
1,823,426.00 3,646,851.28
4,228,026.00 8,456,052.84
2,343,750.00 4,687,499.49
722,120.00 1,444,239.56
689,856.00 1,379,711.35
5,226.00 10,451.05
1,307,739.00 2,615,477.24
331,596.00 663,192.19
22,240.00 44,480.77
743,961.00 743,961.00
302,612.20 302,612.21
(228,663.20) (228,663.20)
50,000.00 100,000.00
9,467.00 18,934.99
(307,612.00) (615,224.70)
(15,600.00) (7,800.00)
(8,476.00) (4,238.14)
(50,800.00) (25,400.00)
(178,166.00) (89,083.20)
(2,907.00) (1,453.57)
(131,502.00) (65,750.98)
(84,308.00) (42,154.04)
(23,196.00) (523,846.51)
(134,937.00) (269,873.54)
(8,822,732.00) (8,822,731.52)
(3,165,514.01) (14,238,244.01)
(24,974,853.00) (25,074,853.45)
197,000.00 97,000.00
1,636,836.00 1,536,836.24
8,591,308.00 8,491,307.82
575,318.00 475,318.10
839,853.00 739,852.53
115,966.00 15,966.17
196,684.00 96,684.09
380,901.00 280,900.50
121,649.00 21,649.10
115,923.00 231,846.55
7,876.00 15,751.64
12,122.00 24,243.75
15,197.00 30,393.92
1,033,134.00 2,066,267.43
67,783.00 135,566.24
(3,614.00) (7,228.81)
(1,813.00) (3,626.28)
(0.01) 0.00
 2017 2018

(11,072,730.00) (10,826,124.46)
(11,072,730.00) (10,826,124.00)
ABC Company
List of Adjustments
For the year ended 2018

Ref Particulars

1 Amortize Membership Fee from Prepaid Expenses, P5,000

2 Additional P2,000 Interest Income were earned and received from theTime Deposit
 Accounts Debit Credit

Membership Fee 5,000.00

Prepaid Expense 5,000.00

Time Deposit 2,000.00

Interest Income 2,000.00
10:41 AM NIKKEN LEASE KOGYO CO., LTD.
01 05 17
Accrual Basis
Profit & Loss
October 2015 through September 2016

INCOME STATEMENT

AQAAAAkFAS
AQCxFlByb2Z
pdCAmIExvc3
AAAAAAAAA 2018 2017
MAAAAAAAA
AAAAAAAAB
AAAAAAAAA Sales
AAAA 25,074,853.00 24,974,853.00
AAAAAAAAA Cost of Sales (97,000.00) (197,000.00)
AAAAAAAAA Gross Profit 24,977,853.00 24,777,853.00
AAAAAAAAA
AAAAAAAAA General Expenses:
AAAAAAAAA Income tax expense 1,536,836.00 1,636,836.00
AAAAAAAAA
AAAAAAAAA Commuting cost 739,853.00 839,853.00
AAAAAAAAA Expense for employment 15,966.00 115,966.00
AAAAAAAAA
AAAAAAAAA Travelling expense 96,684.00 196,684.00
BEVwEAMgALExpense Repairs 21,649.00 121,649.00
AAEAAAAAA Utility Expense 231,847.00 115,923.00
AgAAQANAQ
EK3wceCeAH Administrative Expenses:
AAABAAAAA Salary 8,491,308.00 8,591,308.00
AAAAAEAAA
AAAAAAAAA Legal Welfare Expenses 475,318.00 575,318.00
AAAAAAAAA Communication Expense 280,901.00 380,901.00
nURXBQByBg Tax and Dues 15,752.00 7,876.00
H/AAAAAAAA
AAAAAAAAA Membership Fee 29,244.00 12,122.00
AAAAAAAAA Depreciation 30,394.00 15,197.00
AAAAAAAAA
AAAAAAAAA Rent Expense 2,066,267.00 1,033,134.00
AAAAAAAAA Total Operating Profit/ Loss 10,945,834.00 24,777,853.00
AAAAAAAAA Other Income (Expense)
AAAAAAAAA 122,711.00 62,356.00
AAAAAAAAA Net Profit/ Loss 11,068,545.00 24,840,209.00
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
Net Ordinary Income
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
Interest income
AAAAAAAAA
Other Income
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
Net Income (Loss) Before Income Tax
AAAAAAAAA
AAAAAAAAA
AAAAAAPj/vA
Income Tax Expense
JBcmlhbAAA
AAAAAAAAA
AAAAAAAAA
Net Income (Loss)
AAAAAAAAA - -
AAAAAAAAA
AAAAAAAAA
BAAAAAAAA
AQAPj/vAJBc
mlhbAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAABAA
AAAAAAAQA
Pj/kAFBcmlhb
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAABAAAAA
AAAAQAPj/vA
JBcmlhbAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
BAAAAAAAA
AQAPT/vAJBc
Page 10 of 21
mlhbAAAAAA
AAAAAAAAA
AAAAAAAAA
10:41 AM NIKKEN LEASE KOGYO CO., LTD.
01 05 17
Accrual Basis
Profit & Loss
October 2015 through September 2016

INCOME STATEMENT Instruction:

Income Statement should be presented as:
Sales
Less: Cost of Service
AQAAAAkFAS
AQCxFlByb2Z
pdCAmIExvc3
AAAAAAAAA Gross Profit
MAAAAAAAA
AAAAAAAAB Less: General Expenses
AAAAAAAAA Sales
AAAA Administrative Expenses
AAAAAAAAA Cost of Sales Total Operating Profit/ Loss
AAAAAAAAA Gross Profit Add/ Less: Other Income/ Expense
AAAAAAAAA
AAAAAAAAA General Expenses: Net Profit/ Loss
AAAAAAAAA Income tax expense
AAAAAAAAA *Amounts should be linked to "Audited TB",
AAAAAAAAA Commuting cost column Q
AAAAAAAAA Expense for employment
AAAAAAAAA
AAAAAAAAA Travelling expense
BEVwEAMgALExpense Repairs
AAEAAAAAA Utility Expense
AgAAQANAQ
EK3wceCeAH Administrative Expenses:
AAABAAAAA Salary
AAAAAEAAA
AAAAAAAAA Legal Welfare Expenses
AAAAAAAAA Communication Expense
nURXBQByBg Tax and Dues
H/AAAAAAAA
AAAAAAAAA Membership Fee
AAAAAAAAA Depreciation
AAAAAAAAA
AAAAAAAAA Rent Expense
AAAAAAAAA Total Operating Profit/ Loss
AAAAAAAAA Other Income (Expense)
AAAAAAAAA
AAAAAAAAA Net Profit/ Loss
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
Net Ordinary Income
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
Interest income
AAAAAAAAA
Other Income
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
Net Income (Loss) Before Income Tax
AAAAAAAAA
AAAAAAAAA
AAAAAAPj/vA
Income Tax Expense
JBcmlhbAAA
AAAAAAAAA
AAAAAAAAA
Net Income (Loss)
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
BAAAAAAAA
AQAPj/vAJBc
mlhbAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAABAA
AAAAAAAQA
Pj/kAFBcmlhb
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAABAAAAA
AAAAQAPj/vA
JBcmlhbAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
BAAAAAAAA
AQAPT/vAJBc
Page 11 of 21
mlhbAAAAAA
AAAAAAAAA
AAAAAAAAA
 10:41 AM NIKKEN LEASE KOGYO CO., LTD.
01 05 17
Accrual Basis
Profit & Loss
October 2015 through September 2016

INCOME STATEMENT
Instruction:
Income Statement should be presented as:
Sales
Less: Cost of Service
AQCxFlByb2Z
AQAAAAkFAS
Gross Profit
pdCAmIExvc3
AAAAAAAAA
Less: General Expenses
MAAAAAAAA
AAAAAAAAB
AAAAAAAAA Sales
Administrative
AAAA Expenses
Total Operating
AAAAAAAAA Cost
Profit/ of Sales
Loss
AAAAAAAAA
Add/ Less: Other Income/
GrossExpense
Profit
AAAAAAAAA
Net Profit/ Loss
AAAAAAAAA General Expenses:
AAAAAAAAA Income tax expense
*Amounts should beCommuting
AAAAAAAAA linked to "Audited
cost TB",
columnAAAAAAAAA
Q
AAAAAAAAA Expense for employment
AAAAAAAAA
AAAAAAAAA Travelling expense
BEVwEAMgALExpense Repairs
AAEAAAAAA Utility Expense
AgAAQANAQ
EK3wceCeAH Administrative Expenses:
AAABAAAAA Salary
AAAAAEAAA
AAAAAAAAA Legal Welfare Expenses
AAAAAAAAA Communication Expense
nURXBQByBg Tax and Dues
H/AAAAAAAA
AAAAAAAAA Membership Fee
AAAAAAAAA Depreciation
AAAAAAAAA
AAAAAAAAA Rent Expense
AAAAAAAAA Total Operating Profit/ Loss
AAAAAAAAA Other Income (Expense)
AAAAAAAAA
AAAAAAAAA Net Profit/ Loss
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
Net Ordinary Income
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
Interest income
AAAAAAAAA
Other Income
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
Net Income (Loss) Before Income Tax
AAAAAAAAA
AAAAAAAAA
AAAAAAPj/vA
Income Tax Expense
JBcmlhbAAA
AAAAAAAAA
AAAAAAAAA
Net Income (Loss)
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
BAAAAAAAA
AQAPj/vAJBc
mlhbAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAABAA
AAAAAAAQA
Pj/kAFBcmlhb
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAABAAAAA
AAAAQAPj/vA
JBcmlhbAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
AAAAAAAAA
BAAAAAAAA
AQAPT/vAJBc
Page 12 of 21
mlhbAAAAAA
AAAAAAAAA
AAAAAAAAA
STATEMENT OF CHANGES IN EQUITY

Eureze:
The amount is given

Capital Stock Retained Earnungs/ (Deficit

January 2017 8,822,732 3,165,514
Net income for the year - 24,840,209
Balance, December 2017 8,822,732 28,005,723
Net income for the year - 11,068,545
Balance, December 2018 8,822,732 39,074,268
 Please take note of the following:
1. Retained Earnings/ (Deficit) is the accumulated
net income/ loss of the company from the start of
business operations.
Total 2. It is computed as: RE Beginning + Net
11,988,246 income/loss = RE Ending
24,840,209 s
3. Retained earnings presented in the "Audited TB"
36,828,455 tab is the Beginning RE for the year.
11,068,545
4. Therefore, in the "Audited TB" tab, RE in the
47,897,000 column of 2017 is the beginning of 2017, add net
income for 2017 equals RE 2017 ending (beginning
of 2018, in the column 2018).

*Amounts should be linked to "Audited TB"

BALANCE SHEET
*Amounts should be linked to "Audited TB", column Q

2018
ASSETS
Current Assets
Cash and Cash Equivalents 15,295,975
Trade and Other Receivables 13,143,552
Other Current Assets 6,152,552
Total Current Assets 34,592,079

Noncurrent Assets
Property, Plant and Equipment 817,910
Other Non Current Assets 100,000
Total Noncurrent Assets 917,910

TOTAL ASSETS 35,509,989

LIABILITY AND EQUITY ACCOUNT

Trade Payables 596,290
Other Current Liabilities 1,029,601
Equity 47,897,000

TOTAL LIABILITYAND HEAD OFFICE ACCOUNT 48,926,601

-
(13,416,612)
 2017

13,470,550
6,571,776
3,078,777
23,121,103

817,910
50,000 Eureze:
867,910 Equity should include:
1. Capital Stock
2. Retained Earnings
23,989,013 ending balance (link to
the tab "SCE"

298,145
629,892
36,828,455

37,458,347
-
(13,469,334)
CASHFLOW STATEMENT
*Amounts should be linked to "Audited TB"

For the Year Ended 2018

2018
2017
Change
CASH FLOWS FROM OPERATING ACTIVITIES
Loss before tax
Adjustments for:
Depreciation
Interest income
Operating loss before working capital changes
Decrease (increase) in:
Trade and Other Receivables
Other current assets
Increase (decrease) in:
Trade Payables
Accrued expenses and other payables
Net cash used in operations
Interest received
Net cash flows (used in) operating activities

CASH FLOWS FROM INVESTING ACTIVITIES

Acquisition of property and equipment
Net cash flows from investing activities
NET INCREASE (DECREASE) IN CASH

CASH AT BEGINNING OF YEAR

CASH AT END OF YEAR (Note 5)

See accompanying Notes to Financial Statements.

CHECK (should be zero) (₱15,295,975)
Cash and cash Property and
equivalent Trade and other Other current equipment Other Non-
receivables assets current assets
15,295,975.00 13,143,552.00 6,152,552.00 817,910.00 100,000.00
13,470,550.00 6,571,776.00 3,078,777.00 817,910.00 50,000.00
1,825,425.00 6,571,776.00 3,073,775.00 - 50,000.00

1,825,425.00 6,571,776.00 3,073,775.00 - 50,000.00

 Other Current Retained
Trade Payables Liabilities Capital stock Earnings Total
(596,290.00) (1,029,601.00) (8,822,732.00) 47,897,000.00 72,958,366.00
(298,145.00) (629,892.00) (8,822,732.00) 47,897,000.00 62,135,244.00
(298,145.00) (399,709.00) - - 10,823,122.00

298,145.00

- - - 10,823,122.00