ANGEL SERVICE COMPANY

COMPARATIVE STATEMENT OF FINANCIAL POS

DECEMBER31, 2017 & 2018
(PHP)

ASSETS 2018

CURRENT ASSETS
CASH ON HAND AND IN BANKS ₱43,000.00
ACCOUNTS RECEIVABLE ₱640,000.00
NOTES RECEIVABLE ₱98,000.00
UNUSED SUPPLIES ₱35,000.00
PREPAID EXPENSE ₱23,500.00
TOTAL CURRENT ₱839,500.00

NON-CURRENT ASSETS
EQUIPMENT ₱3,200,000.00
LESS:ACCUMULATED DEPRICIATION ₱182,000.00
NET EQUIPMENT ₱3,018,000.00
TOTAL ASSETS ₱3,857,500.00

LIABILITIES AND OWNER'S EQUITY

CURRENT LIABILITIES
ACCOUNTS PAYABLE ₱945,000.00
ACCOUNTS PAYABLE - OTHERS ₱360,000.00

TAXES/SSS/PHIL HEALTH/EC/HDMF PAYABLE ₱15,500.00

TOTAL CURRENT LIABILITIES ₱1,320,500.00

NON - CURRENT LIABILITIES

LOAN PAYABLES ₱120,000.00
TOTAL LIABILITIES ₱1,440,500.00

OWNER'S EQUITY
ANGEL REYES, CAPITAL ₱2,417,000.00
TOTAL LIABILITIES AND OWNER'S EQUITY ₱3,857,500.00
 RVICE COMPANY
MENT OF FINANCIAL POSITION
R31, 2017 & 2018

2017 Inc/Dec Percent

₱52,000.00 ₱9,000.00 17.31%

₱590,000.00 ₱50,000.00 8.47%
₱100,000.00 ₱2,000.00 2.00%
₱38,000.00 ₱3,000.00 7.89%
₱43,000.00 ₱19,500.00 45.35%
₱823,000.00 ₱16,500.00 2.00%

₱2,800,000.00 ₱400,000.00 14.29%

₱150,000.00 ₱32,000.00 21.33%
₱2,650,000.00 ₱368,000.00 13.89%
₱3,473,000.00 ₱384,500.00 11.07%

₱850,000.00 ₱95,000.00 11.18%

₱330,000.00 ₱30,000.00 9.09%

₱20,000.00 ₱4,500.00 0.38%

₱1,200,000.00 ₱120,500.00 10.04%

₱138,000.00 ₱18,000.00 13.04%

₱1,338,000.00 ₱102,500.00 7.66%

₱2,135,000.00 ₱282,000.00 13.21%

₱3,473,000.00 ₱384,500.00 11.07%
 ANGEL SERVICE COMPANY
COMPARATIVE STATEMENT OF COMPREHENSIVE INCOME
DECEMBER 31, 2017 & 2018
(PHP)

REVENUE 2018 2017

SERVICE REVENUE ### ###
OTHER INCOME ### ###
TOTAL REVENUE ### ###
LESS:COST & EXPENSES
COST OF SERVICE ### ###
DEPRECIATION EXPENSE ₱32,000.00 ₱28,000.00
RENT EXPENSE ### ###
SUPPLIES EXPENSE ₱20,000.00 ₱23,000.00
TRANSPORTATION EXPENSE ₱15,500.00 ₱13,000.00
REPRESENTATION ₱12,000.00 ₱15,000.00
TRAINING & SEMINAR ₱8,000.00 ₱9,000.00
UTILITIES EXPENSE ₱82,500.00 ₱80,500.00
MISCELLANEOUS EXPENSE ₱3,000.00 ₱2,500.00
TOTAL COST & EXPENSES ### ###
OPERATING INCOME ### ###
LESS:INTEREST EXPENSE ₱5,000.00 ₱6,000.00
NET INCOME ### ###
Inc/Dec Percent
### 20.00%
₱0.00 0.00%
### 18.18%

### 18.75%
₱4,000.00 14.29%
₱0.00 0.00%
₱3,000.00 13.04%
₱2,500.00 19.23%
₱3,000.00 20.00%
₱1,000.00 11.11%
₱2,000.00 2.48%
₱500.00 20.00%
### 15.02%
### 51.85%
₱1,000.00 16.67%
### 54.10%