DIONESIA DAYANAN

SAN CARLOS CITY NEGROS OCCIDENTAL

oOo

INCOME STATEMENT
FOR THE YEAR ENDED DECEMBER 31, 2017

GROSS INCOME
Sari-sari 63,150.00
SUGARCANE PROCEEDS 1,411,686.00
MOLASSES 147,641.00
________________
TOTAL GROSS INCOME 1,622,477.00
LESS: COST OF SALES
LAND PREPARATION:
PLANTING/CULTIVATION 409,393.00
FERTI;IZATION 414,484.00
MILLING 378,970.00
________________
TOTAL COST OF SALES 1,202,847.00
TOTAL SALES 389,630.00

LESS: OPERATING EXPENSES

TAXES & LICENSES 65,980.00
TRANSPORTATION 28,150.00
FUEL & OIL 79,460.00
SALARIES 90,000.00
MISCELLLANEOUS 10,610.00
_________________________
TOTAL OPERATING EXPENSES 274,200.00
NET INCOME FOR THE YEAR 115,430.00

CERTIFIED CORRECT:

DIONESIA DAYANAN
OWNER
 DIONESIA DAYANAN
SAN CARLOS CITY NEGROS OCCIDENTAL
oOo

BALANCE SHEET
AS OF DECEMBER 31,2017

ASSETS

CURRENT ASSETS

CASH ON HAND AND IN BANK 458,650.00

__________________________
TOTAL CURRENT ASSETS 458,650.00

FIXED ASSETS

HOUSE 280,000.00
VEHICLE 480,500.00
FURNITURE & FIXTURE’S 12,500.00
__________________________
TOTAL DEPRECIABLE ASSETS 773,000.00
LESS: ACCUMULATED DEPRECIATION 75,000.00
__________________________
NET BOOK VALUE 698,000.00
LAND 750,000.00
_________________________
TOTAL FIXED ASSETS 1,448,000.00
TOTAL ASSETS 1,906,650.00

CAPITAL

CAPITAL
DIONESIA DAYANA-CAPITAL 1,791,220.00
NET INCOME FOR THE YEAR 115,430.00
TOTAL CAPITAL 1,906,650.00

CERTIFIED CORRECT:

DIONESIA DAYANAN
OWNER