AFOODABLE

EXPENSES
CAMOTE CHEESE ROLL
Date Particulars Quantity Price in pesos Total Date
10-Sep-23 camote 2 50.00 100.00 11-Sep-23
sachet swak 2 12.00 24.00 10-Sep-23
1/4 kl white sugar 1 23.00 23.00
1/2 kl All purpose flour 1 38.00 38.00
Bread cramps 1 45.00 45.00
magnolia cheese (small) 2 58.00 116.00
egg 2 9.00 18.00
oil 1 26.00 26.00
Cellophane 1 30.00 30.00
fuel 30.00 30.00
labor 50.00 50.00
TOTAL EXPENSES 500.00

CAMOTE CHEESE ROLL

Date Particulars Quantity Price in pesos Total Date
11-Sep-23 camote 2 50.00 100.00 12-Sep-23
1/4 kl white sugar 1 23.00 23.00 11-Sep-23
Bread cramps(small) 1 20.00 20.00
egg 2 8.00 16.00
oil 1 26.00 26.00
labor 50.00 50.00
TOTAL EXPENSES 235.00

SANDWICH & PANSIT

Date Particulars Quantity Price in pesos Total Date
13-Sep-23 Bihon 60.00 14-Sep-23
 Lamas, repolyo, carrots 90.00
2 pack Hot dog 2 35.00 70.00
Sliced bread 2 75.00 150.00
Cellophane(5x9) 25.00 13-Sep-23
Pamasahi 25.00
Fuel 20.00
Labor 50.00
TOTAL EXPENSES 490.00

PANSIT
Date Particulars Quantity Price in pesos Total Date
17-Sep-23 18-Sep-23
Manok 85.00 17-Sep-23
Bihon 40.00
Mikki 25.00
Repolyo 30.00
lamas 20.00
Norcubes 10.00
oil 10.00
Garlic 5.00
tuyo 10.00
magic 6.00
carrots 15.00
labor 50.00
TOTAL EXPENSES 306.00

CAMOTE CHEESE ROLL

Date Particulars Quantity Price in pesos Total Date
19-Sep-23 camote 2 50.00 100.00 20-Sep-23
oil 1 26.00 26.00 19-Sep-23
 Bread cramps 1 47.00 47.00
sachet swak 1 12.00 12.00
1/4 kl white sugar 1 22.00 22.00
egg 2 8.00 16.00
magnolia cheese (small) 1 50.00 50.00
1/2 kl All purpose flour 25.00
Cellophane(5x9) 1 12.00 12.00
labor 50.00 50.00
TOTAL EXPENSES 360.00

CAMOTE CHEESE ROLL

Date Particulars Quantity Price in pesos Total Date
24-Sep-23 camote 2 50.00 100.00 25-Sep-23
sachet swak 2 11.00 22.00 24-Sep-23
1/4 kl white sugar 1 22.00 22.00
1/2 kl All purpose flour 1 30.00 30.00
Bread cramps 1 43.00 43.00
magnolia cheese (small) 1 58.00 58.00
eden cheese 1 62.00 62.00
oil 1 26.00 26.00
egg 3 9.00 27.00
labor 50.00
fuel 30.00
TOTAL EXPENSES 470.00

CAMOTE CHEESE ROLL

Date Particulars Quantity Price in pesos Total Date
25-Sep-23 camote 2 50.00 100.00 26-Sep-23
1/4 kl white sugar 2 23.00 46.00 25-Sep-23
 egg 3 9.00 27.00
oil 1 26.00 26.00
labor 50.00
fuel 30.00
TOTAL EXPENSES 279.00

BIKO
Date Particulars Quantity Price in pesos Total Date
3-Oct-23 2 kl. Pilit 2 60.00 120.00 4-Oct-23
1 kl. Kinugay 100.00 100.00
Cellophane(5x9) 25.00 25.00 3-Oct-23
lubi 20.00
labor 70.00
fuel 30.00
TOTAL EXPENSES 365.00

AFOODABLE's JOURNAL ENTRY

Date Description Amount
2023 Dr. Cr.
Sept. 10 Cash 500.00
Capital 500.00
-ownrer's capital

Purchases 420.00
Cash 420.00
-ingredients and labor cost
 Fuel Expense 30.00
Labor Expense 50.00
Cash 80.00
-Operating Expenses

Sept. 11 Cash 375.00

Sales 375.00
-sales from customer

Purchases 185.00
Cash 185.00
-ingredients and labor cost

Labor Expense 50.00

Cash 50.00
-Operating Expenses

Sept. 12 Cash 495.00

Sales 495.00
-sales from customer

Sept. 13 Purchases 395.00

Cash 395.00
-ingredients and labor cost

Freight-in 25.00
Fuel Expense 20.00
Labor Expense 50.00
Cash 95.00

Sept. 14 Cash 508.00

Sales 508.00
 -sales from customer

Sept. 17 Purchases 256.00

Cash 256.00
-ingredients and labor cost

Labor Expense 50.00

Cash 50.00

Sept. 18 Cash 390.00

Sales 390.00
-sales from customer

Sept. 19 Purchases 310.00

Cash 310.00
-ingredients and labor cost

Labor Expense 50.00

Cash 50.00

Sept. 20 Cash 385.00

Sales 385.00
-sales from customer

Sept. 24 Purchases 390.00

Cash 390.00
-ingredients and labor cost

Fuel Expense 30.00

Labor Expense 50.00
Cash 80.00
Sept. 25 Cash 390.00
 Sales 390.00
-sales from customer

Purchases 199.00
Cash 199.00
-ingredients and labor cost

Fuel Expense 30.00

Labor Expense 50.00
Cash 80.00

Sept. 26 Cash 630.00

Sales 630.00
-sales from customer

Oct. 3 Purchases 265.00

Cash 265.00
-ingredients and labor cost

Fuel Expense 30.00

Labor Expense 70.00
Cash 100.00

Oct. 4 Cash 405.00

Sales 405.00
-sales from customer

Accounts Receivable ( Biko ) 95.00

Sales 95.00
-to record sales on account
 AFOODABLE
Statement of Comprehensive Income
For the Period Covered from September 10, 2023 to October 4, 2023
 Sales 3,673.00
Less: Purchases 2,420.00
Gross Profit 1,253.00
Less: Operating Expenses
Freight-in 25.00
Fuel Expense 140.00
Labor Expense 420.00 585.00
Net income 668.00

AFOODABLE
Statement of Financial Position
As of October 6,2023
Assets
Current Assets
Cash 1,073.00
Accounts Receivable ( Biko ) 95.00
Total Assets 1,168.00

Liabilities
0

Owner's Equity
Capital 500.00
Net income 668.00
Total Liabilities and Owner's Equity 1,168.00

AFOODABLE
Statement of Cash Flow
 As of October 6,2023
Cash Flows From Opearting Activities
Cash receipts from sales 3,673.00
Less: Accounts Receivable ( Biko ) 95.00
Cash payment for purchases 2,420.00
Operating Expenses 585.00 3,100.00
Net Cash Provided By Opearting Activities 573.00

Cash Flows From Investing Actvities 0

Cash Flows From From Financing Activities

Capital 500.00
ENDING CASH BALANCE-October 6, 2023 1,073.00
 ok
Daily Income Number of pcs. Made Price/pc. Total
Sales 75 5.00 375.00
Less: Purchases 420.00
Gross Profit (45.00)
Less: Operating Expenses 80.00
Net loss (125.00)

ok
Daily Income Number of pcs. Made Price/pc. Total
Sales 99 5.00 495.00
Less: Purchases 185.00
Gross Profit 310.00
Less: Operating Expenses 50.00
Net income 260.00

ok
Daily Income Number of pcs. Made Price/pc. Total
Sales
 Sandwich 34 12.00 408.00
Pansit 10 10.00 100.00
Total 508.00
Less: Purchases 395.00
Gross Profit 113.00
Less: Operating Expenses 95.00
Net income 18.00

ok
Daily Income Number of pcs. Made Price/pc. Total
Sales 26 15.00 390.00
Less: Purchases 256.00
Gross Profit 134.00
Less: Operating Expenses 50.00
Net income 84.00

ok
Daily Income Number of pcs. Made Price/pc. Total
Sales 77 5.00 385.00
Less: Purchases 310.00
Gross Profit 75.00
Less: Operating Expenses 50.00
Net income 25.00

ok
Daily Income Number of pcs. Made Price/pc. Total
Sales 78 5.00 390.00
Less: Purchases 390.00
Gross Profit -
Less: Operating Expenses 80.00
Net loss (80.00)

ok
Daily Income Number of pcs. Made Price/pc. Total
Sales 126 5.00 630.00
Less: Purchases 199.00
Gross Profit 431.00
Less: Operating Expenses 80.00
Net income 351.00

Daily Income Number of pcs. Made Price/pc. Total ok

Sales 50 10.00 A/R= 95
405.00
Less: Purchases 265.00
Gross Profit 140.00
Less: Operating Expenses 100.00
Net income 40.00 573.00
 AFOODABLE
EXPENSES
Date CAMOTE CHEESE ROLL
Particulars Quantity Price in pesos Total Date
11-Oct-23 camote 2 50.00 100.00 12-Oct-23
egg 2 9.00 18.00 11-Oct-23
sachet swak 1 12.00 12.00 12-Oct-23
oil 1 26.00 26.00
1/4 kl white sugar 1 23.00 23.00 11-Oct-23
magnolia cheese (small) 1 60.00 60.00
Bread cramps 1 45.00 45.00 16-Oct-23
1/2 kl All purpose flour 1 38.00 38.00 16-Oct-23
fuel 30.00 30.00
labor 50.00 50.00
TOTAL EXPENSES 402.00

Date CAMOTE CHEESE ROLL

17-Oct-23 Particulars Quantity Price in pesos Total Date
camote 2 50.00 100.00 18-Oct-23
egg 2 9.00 18.00 17-Oct-23
sachet swak 1 12.00 12.00 18-Oct-23
oil 1 26.00 26.00
1/4 kl white sugar 1 23.00 23.00 17-Oct-23
magnolia cheese (small) 1 58.00 58.00
Bread cramps 1 45.00 45.00 24-Oct-23
1/2 kl All purpose flour 1 38.00 38.00
fuel 30.00 30.00
labor 50.00 50.00
TOTAL EXPENSES 400.00
Date CAMOTE CHEESE ROLL
18-Oct-23 Particulars Quantity Price in pesos Total Date
camote 2 50.00 100.00 19-Oct-23
egg 2 8.50 17.00 18-Oct-23
sachet swak 1 12.00 12.00
oil 1 26.00 26.00 18-Oct-23
1/4 kl white sugar 1 20.00 20.00
fuel 30.00 30.00
labor 50.00 50.00
TOTAL EXPENSES 255.00

Date MAJA
20-Oct-23 Particulars Quantity Price in pesos Total Date
1 1/2 white sugar 1 135.00 135.00 23-Oct-23
1 kl. Cream Cornstarch 1 110.00 110.00 20-Oct-23
Cowbell 1 50.00 50.00 23-Oct-23
Peanut 1 20.00 20.00
lubi 20.00 20.00 20-Oct-23
fuel 30.00 30.00
labor 50.00 50.00 24-Oct-23
TOTAL EXPENSES 415.00

Date PANCIT & SANDWICH

5-Nov-23 Particulars Quantity Price in pesos Total Date
Purchases Canton 1 40.00 40.00 5-Nov-23
5-Nov-23 Sotanghon 1 50.00 50.00
Pepper 2 6.50 13.00 6-Nov-23
 Garlic 1 7.00 7.00
Onion 1 8.00 8.00
Beans 10.00 10.00
Carrots 20.00 20.00
Magic Sarap 3 5.00 15.00
Oil 15.00 15.00 23-Nov-23
1/4 kl. Chicken Liver 60.00 60.00
Sliced Bread 2 40.00 80.00
Plastic Roll 1 30.00 30.00
Total Purchases 348.00
Operating Expenses Fuel 30.00 30.00
Labor 50.00 50.00
Total Operating Exp. 80.00
TOTAL EXPENSES 428.00

Date PANCIT & SANDWICH

6-Nov-23 Particulars Quantity Price in pesos Total Date
Purchases Canton 40.00 6-Nov-23
Sotanghon 50.00
Pepper 13.00
Onion 8.00
Beans 10.00 7-Nov-23
Carrots 20.00
1/4 Cabbage 20.00
Soy Sauce 15.00
1/4 Chicken Liver 55.00
Sliced Bread 80.00
Total Purchases 311.00
Operating Expenses Fuel 30.00
Labor 50.00
Total Operating Exp. 80.00
 TOTAL EXPENSES 391.00

Date CAMOTE CHEESE ROLL

12-Nov-23 Particulars Quantity Price in pesos Total Date
Purchases camote 2 50.00 100.00 13-Nov-23
egg 3 8.00 24.00
sachet swak 1 12.00 12.00
Eden cheese 1 60.00 60.00
oil 1 25.00 25.00
1/4 kl white sugar 1 23.00 23.00
Flour 15.00 15.00
Bread cramps 2 20.00 40.00
Total Purchases 299.00
Operating Expenses fuel 30.00 30.00
labor 50.00 50.00
Total Operating Exp. 80.00
TOTAL EXPENSES 379.00

12-Nov-23 MAJA
Particulars Quantity Price in pesos Total Date
Purchases 1 box Cornstarch ( big ) 1 110.00 110.00 13-Nov-23
1 kl white sugar 1 90.00 90.00
1 can condensed milk 1 50.00 50.00
Peanut 1 20.00 20.00
Coconut 2 10.00 20.00
Total Purchases 290.00
Operating Expenses fuel 30.00 30.00
labor 50.00 50.00
Total Operating Exp. 80.00
 TOTAL EXPENSES 370.00

12-Nov-23 ICE CANDY

In every pcs. of ice candy we have P1.00 Date
P 5.00 x 38 pcs.
P 3.00 x 15 pcs.
 AFOODABLE's JOURNAL ENTRY
Date Description Amount
2023 Dr. Cr.
11-Oct-23 Purchases 322.00
Cash 322.00
-ingredients and labor cost

Fuel Expense 30.00

Labor Expense 50.00
Cash 80.00
-Operating Expenses

12-Oct-23 Cash 410.00

Sales 410.00 90pcs. x 5 = P450
-sales from customer

Accounts Receivable ( camote roll ) 40.00

Sales 40.00
-to record sales on account

13-Oct-23 Cash 95.00

Accounts Receivable ( Biko ) 95.00
-cash receipt from recievables

16-Oct-23 Cash 40.00

Accounts Receivable ( camote roll ) 40.00
 -cash receipt from recievables

17-Oct-23 Purchases 320.00

Cash 320.00
-ingredients and labor cost

Fuel Expense 30.00

Labor Expense 50.00
Cash 80.00
-Operating Expenses

18-Oct-23 Cash 305.00 82pcs. x 5 = P 410

Sales 305.00
-sales from customer

Accounts Receivable ( camote roll ) 105.00

Sales 105.00

18-Oct-23 Purchases 175.00

Cash 175.00
-ingredients and labor cost

Fuel Expense 30.00

Labor Expense 50.00
Cash 80.00
-Operating Expenses

19-Oct-23 Cash 350.00

Sales 350.00 70pcs.x 5 = P350
-sales from customer
20-Oct-23 Purchases 335.00
Cash 335.00
-ingredients and labor cost

Fuel Expense 30.00

Labor Expense 50.00
Cash 80.00
-Operating Expenses

23-Oct-23 Cash 440.00

Sales 440.00 52pcs.x 10= P520
-sales from customer

Accounts Receivable ( Maja ) 80.00

Sales 80.00

24-Oct-23 Cash 105.00

Accounts Receivable ( camote roll ) 105.00
-cash receipt from recievables

Cash 80.00
Accounts Receivable ( Maja ) 80.00
-cash receipt from recievables

5-Nov-23 Purchases 348.00

Cash 348.00
-ingredients

Fuel Expense 30.00

Labor Expense 50.00
Cash 80.00
-Operating Expenses
 6-Nov-23 Cash 300.00
Sales 300.00 P 385.00
-sales from customer

Accounts Receivable ( Pancit & Sandwhich ) 85.00

Sales 85.00

6-Nov-23 Purchases 311.00

Cash 311.00
-ingredients

Fuel Expense 30.00

Labor Expense 50.00
Cash 80.00
-Operating Expenses

7-Nov-23 Cash 355.00

Sales 355.00 P 456.00
-sales from customer

Accounts Receivable ( Pancit & Sandwhich ) 101.00

Sales

12-Nov-23 Purchases 299.00

Cash 299.00
-ingredients and labor cost

Fuel Expense 30.00

Labor Expense 50.00
Cash 80.00
-Operating Expenses
12-Nov-23 Purchases 290.00
Cash 290.00
-ingredients and labor cost

Fuel Expense 30.00

Labor Expense 50.00
Cash 80.00
-Operating Expenses

13-Nov-23 Cash 405.00

Sales 405.00 P 445.00
-sales from customer

Accounts Receivable ( Camote Cheese Roll ) 40.00

Sales 40.00

13-Nov-23 Cash 410.00

Sales 410.00 P 500.00
-sales from customer

Accounts Receivable ( Maja ) 90.00

Sales 90.00

13-Nov-23 Cash 53.00

Sales 53.00
-sales from customer
 AFOODABLE
Trial Balnce
For the Period Covered from September 10, 2023 to October 4, 2023
Particulars DR. CR.
Cash 1,073.00
Accounts Receivable ( Biko ) 95.00
Capital 500.00
Purchases 2,420.00
Sales 3,673.00
Freight-in 25
Fuel Expense 140
Labor Expense 420
TOTAL 4,173.00 4,173.00
Daily Income Number of pcs. Made Price/pc. Total
Sales 90 5.00 450.00
Less: Purchases 322.00
Accounts Receivable ( camote roll ) 8 5.00 40.00
Gross Profit 88.00
Less: Operating Expenses 80.00
Net income 8.00
Add: Accounts Receivable ( camote roll ) 8 5.00 40.00
Total Net income 48.00

Daily Income Number of pcs. Made Price/pc. Total

Sales 82 5.00 410.00
Less: Purchases 320.00
Accounts Receivable ( camote roll ) 21 5.00 105.00
Gross Profit (15.00)
Less: Operating Expenses 80.00
Total (95.00)
Add: Accounts Receivable ( camote roll ) 21 5.00 105.00
Net income 10.00
Daily Income Number of pcs. Made Price/pc. Total
Sales 70 5.00 350.00
Less: Purchases 175.00
Gross Profit 175.00
Less: Operating Expenses 80.00
Net income 95.00

Daily Income Number of pcs. Made Price/pc. Total

Sales 52 10.00 520.00
Less: Purchases 335.00
Accounts Receivable ( Maja ) 8 10.00 80.00
Gross Profit 105.00
Less: Operating Expenses 80.00
Total 25.00
Add: Accounts Receivable ( Maja ) 8 10.00 80.00
Net income 105.00

A/R Amount Date Paid

Daily Income Number of pcs. Made Price/pc. Total
Sandwhich 21 15.00 315.00
Add: Pancit 7 10.00 70.00
Sales 385.00
Less: Purchases 348.00
Accounts Receivable ( Pancit &Sandwhich ) 85.00 Richelle C. 10
Gross Profit (48.00) Felicity 15 23-Nov-23
Less: Operating Expenses 80.00 Charlene 30 23-Nov-23
Total (128.00) Maam S. 15
Add: Accounts Receivable ( Pancit &Sandwhich ) 45.00 Dhiann 15 3-Dec-23
Net loss (83.00) Total 85

A/R Amount Date Paid

Daily Income Number of pcs. Made Price/pc. Total
Sandwhich 24 15.00 360.00
Add: Pancit 8 12.00 96.00
Sales 456.00
Less: Purchases 311.00
Accounts Receivable ( Pancit &Sandwhich ) 101.00 Felicity 15
Gross Profit 44.00 Richelle C. 12
Less: Operating Expenses 80.00 Joeyboy 15 23-Nov-23
Total (36.00) Alexis 15 23-Nov-23
Add: Accounts Receivable ( Pancit &Sandwhich ) 17.00 Alexis 12 23-Nov-23
42.00 Dhiann 15 3-Dec-23
15.00 Pelecio 15 23-Nov-23
Mailyn 2 21-Nov-23
Total 101
 A/R Amount Date Paid
Daily Income Number of pcs. Made Price/pc. Total
Sales 89 5.00 445.00
Less: Accounts Receivable 40.00 Charlene 10 23-Nov-23
Total 405.00 Sara 10 21-Nov-23
Mailyn 10 21-Nov-23
Dhiann 10 3-Dec-23
Total 40

A/R Amount Date Paid

Daily Income Number of pcs. Made Price/pc. Total
Sales 50 10.00 500.00
Less: Accounts Receivable 9 10.00 90.00 Jovelyn 10 21-Nov-23
Total 410.00 Sarah 10 21-Nov-23
Richelle C. 20
Rina 30 23-Nov-23
Jerrose 10 23-Nov-23
Joy 10 23-Nov-23
Total 90
 A/R Amount Date Paid
Daily Income Number of pcs. Made Price/pc. Total
Income 38
15 53.00
 AFOODABLE
Trial Balnce
As of September 22, 2023
Particulars Dr. Balance CR. Balance
Cash P 762
Capital P 500
Purchases 1, 891
Sales 2, 153
TOTAL P 2, 653 P 2, 653

AFOODABLE
Statement of Comprehensive Income
As of September 22, 2023
Sales P 2, 153
Cost of Sales (1, 891)
Net Income P 262

AFOODABLE
Statement of Financial Position
As of September 22, 2023

Assets
Current Assets P 762
Cash P 762
Total Assets

Liabilities
0
Owner's Equity
Capital P 500
Net Income 262
Total Liabilities and Owner's Equity P 762
 AFOODABLE
Date
Statement of Cash Flow 2023
As of September 22, 2023 Sept. 10
Cash Flows From Opearting Activities
Cash receipts from sales P 2, 153
Cash paid for purchases (1, 891)
Net Cash Provided By Opearting Activities P 262

Cash Flows From Investing Actvities 0

Cash Flows From From Financing Activities Sept. 11

Capital P 500
ENDING CASH BALANCE-September 22, 2023 P 762

Sept. 12

Sept. 13

Sept. 14

Sept. 17

Sept. 18

Sept. 19

Sept. 20

Sept. 24
Sept. 25

Sept. 26

Oct. 3

Oct. 4
 AFOODABLE's JOURNAL ENTRY
Description Amount
Dr. Cr.
Cash 500
Capital 500
-ownrer's capital

Purchases 500
Cash 500
-ingredients and labor cost

Cash 375
Sales 375
-sales from customer

Purchases 235
Cash 235
-ingredients and labor cost

Cash 495
Sales 495
-sales from customer

Purchases 490
Cash 490
-ingredients and labor cost

Cash 508
Sales 508
-sales from customer

Purchases 306
Cash 306
-ingredients and labor cost

Cash 390
Sales 390
-sales from customer

Purchases 360
Cash 360
-ingredients and labor cost

Cash 385
Sales 385
-sales from customer

Purchases 470
 Cash 470
-ingredients and labor cost

Cash 390
Sales 390
-sales from customer

Purchases 279
Cash 279
-ingredients and labor cost

Cash 630
Sales 630
-sales from customer

Purchases 365
Cash 365
-ingredients and labor cost

Cash 405
Sales 405
-sales from customer

Accounts Receivable ( Biko ) 95

Sales 95
-to record sales on account

AFOODABLE
Trial Balnce
As of October 6, 2023
Particulars Dr. Balance
Cash 1, 073
Accounts Receivable ( Biko ) 95
Capital
Purchases 3, 005
Sales
TOTAL 4, 173

AFOODABLE
Statement of Comprehensive Income
As of October 6,2023
Sales 3, 673
Cost of Sales (3, 005)
Net Income 668
 AFOODABLE
Statement of Financial Position
As of September 22, 2023

Assets
Current Assets
Cash
Total Assets

Liabilities
0
Owner's Equity
Capital P 500
Net Income 262
Total Liabilities and Owner's Equity P 762
CR. Balance

500

3, 673
4, 173
P 500
262
P 762