Professional Documents
Culture Documents
Quezon City
NON-CURRENT ASSETS
Property and Equipment
Cooking Tools & Equipment 77,135.26 77,135.26 77,135.26 77,135.26 192,838.15
Less: Accumulated Depreciation 15,427.05 30,854.10 46,281.15 61,708.20 77,135.26
Net Property and Equipment 61,708.21 46,281.16 30,854.11 15,427.06 115,702.89
PARTNERSHIP'S EQUITY
Partners' Capital-Beginning 120,000.00 725,502.99 854,150.21 1,014,605.65 1,210,200.13
Add: Net Income for the Year 1,211,005.98 257,294.44 320,910.88 391,188.97 470,459.54
Total 1,331,005.98 982,797.43 1,175,061.09 1,405,794.62 1,680,659.67
Less: Distributed Income Partners' Share in Profits 605,502.99 128,647.22 160,455.44 195,594.49 235,229.77
Total Partners' Equity 725,502.99 854,150.21 1,014,605.65 1,210,200.13 1,445,429.90
TOTAL LIABILITIES AND PARTNERSHIP'S EQUITY 878,957.40 1,053,663.23 1,231,910.67 1,446,679.92 1,702,838.22