Professional Documents
Culture Documents
Manuel, Architect
General Journal
For the Period From Feb 1, 2016 to Feb 29, 2016
Date
2/1/16
2/1/16
2/1/16
2/1/16
2/1/16
2/1/16
2/1/16
2/1/16
2/1/16
2/1/16
2/1/16
2/1/16
2/1/16
2/1/16
2/1/16
2/1/16
2/2/16
2/2/16
2/2/16
2/2/16
2/3/16
2/3/16
2/3/16
2/3/16
2/5/16
2/5/16
2/6/16
2/6/16
2/7/16
2/7/16
2/8/16
2/8/16
2/9/16
2/9/16
2/10/16
2/10/16
2/10/16
2/10/16
Account ID
191
116
585
311
134
311
116
311
513
311
141
151
181
134
191
311
592
116
132
116
111
311
117
411
116
411
134
211
161
311
531
111
133
116
529
116
116
411
09/15/2016 at 09:48:49
Reference
Check # 157201
Check # 157201
OR
OR
OR
OR
OR # 0001
OR # 0001
OR 3
OR 3
Voucher 1
Voucher 1
Voucher 1
Voucher 1
Voucher 1
Voucher 1
Check # 157202
Check # 157202
Check # 157203
Check # 157203
OR # 0002
OR # 0002
Voucher
Voucher
OR # 0003
OR # 0003
Voucher
Voucher
Voucher
Voucher
Voucher
Voucher
Check no: 157204
Check no: 157204
CN# 157205
CN# 157205
OR# 0004
OR# 0004
Trans Description
Payment for Meralco
Payment for Meralco
Additional Investment
Additional Investment
Additional Investment
Additional Investment
Additional Investment
Additional Investment
Additional Investment
Additional Investment
Original Investment
Original Investment
Original Investment
Original Investment
Original Investment
Original Investment
Paid Business permits
Paid Business permits
Rent for two months
Rent for two months
Additional Investment
Additional Investment
Rendered Services, term: Credit
Rendered Services, term: Credit
Partial payment of Grospe
Partial payment of Grospe
Purchase supplies, term: n/20
Purchase supplies, term: n/20
Additional Investment
Additional Investment
Paid gasoline consumption
Paid gasoline consumption
Aquired insurance
Aquired insurance
Payment for automobile repairs
Payment for automobile repairs
Fees due from Grospe
Fees due from Grospe
Debit Amt
1,500.00
Credit Amt
1,500.00
720.00
720.00
210.75
210.75
80,000.00
80,000.00
3,200.00
3,200.00
35,800.00
75,000.00
10,000.00
5,200.00
2,500.00
128,500.00
4,015.00
4,015.00
20,000.00
20,000.00
10,000.00
10,000.00
15,700.00
15,700.00
10,000.00
10,000.00
5,250.00
5,250.00
210,000.00
210,000.00
650.20
650.20
7,500.00
7,500.00
2,000.00
2,000.00
15,000.00
15,000.00
Page: 1
171
116
532
111
134
211
511
111
531
111
532
111
321
116
134
211
117
411
527
116
151
211
134
111
321
116
531
111
513
116
121
116
532
111
116
117
116
411
211
09/15/2016 at 09:48:49
CN# 157206
CN# 157206
OR
OR
CN# 157207
CN# 157207
CN# 157208
CN# 157208
Check # 157209
Check # 157209
15,000.00
15,000.00
510.50
510.50
2,820.00
2,820.00
3,500.00
3,500.00
540.60
540.60
625.50
625.50
8,000.00
8,000.00
4,210.00
4,210.00
25,000.00
25,000.00
1,150.75
1,150.75
9,500.00
9,500.00
778.50
778.50
3,000.00
3,000.00
850.00
850.00
4,500.00
4,500.00
22,000.00
22,000.00
685.50
685.50
10,000.00
10,000.00
25,000.00
25,000.00
5,250.00
Page: 2
116
512
116
111
117
527
116
532
111
531
111
211
116
321
116
116
121
492
511
116
511
116
591
111
141
211
151
116
116
221
541
141A
551
151A
561
161A
571
171A
521
09/15/2016 at 09:48:49
5,250.00
5,000.00
5,000.00
5,000.00
5,000.00
725.30
725.30
250.50
250.50
650.00
650.00
9,500.00
9,500.00
12,000.00
12,000.00
23,500.00
22,000.00
1,500.00
4,500.00
4,500.00
20,000.00
20,000.00
377.75
377.75
18,800.00
18,800.00
12,000.00
12,000.00
10,000.00
10,000.00
596.67
596.67
1,562.50
1,562.50
2,916.67
2,916.67
250.00
250.00
416.67
Page: 3
181
526
132
528
133
138
592
520
134
527
231
512
232
513
236
529
236
117
411
535
117A
09/15/2016 at 09:48:49
416.67
10,000.00
10,000.00
416.67
416.67
3,345.83
3,345.83
9,234.63
9,234.63
1,480.00
1,480.00
8,000.00
8,000.00
1,500.00
1,500.00
2,000.00
2,000.00
18,000.00
18,000.00
175.00
175.00
839,365.49
839,365.49
Page: 4
Account Description
Cash on hand
Cash on hand
Cash on hand
Cash on hand
Cash on hand
Cash on hand
Cash on hand
Cash on hand
Cash on hand
Cash on hand
Cash on hand
Cash on hand
Cash on hand
Cash on hand
Cash on hand
116
116
116
116
116
116
116
116
116
116
116
116
116
116
116
116
116
116
116
116
116
116
Cash in bank
Cash in bank
Cash in bank
Cash in bank
Cash in bank
Cash in bank
Cash in bank
Cash in bank
Cash in bank
Cash in bank
Cash in bank
Cash in bank
Cash in bank
Cash in bank
Cash in bank
Cash in bank
Cash in bank
Cash in bank
Cash in bank
Cash in bank
Cash in bank
Cash in bank
09/15/2016 at 09:48:49
Date
2/1/16
2/3/16
2/8/16
2/13/16
2/15/16
2/15/16
2/16/16
2/20/16
2/21/16
2/22/16
2/27/16
2/27/16
2/27/16
2/28/16
2/29/16
2/1/16
2/1/16
2/1/16
2/2/16
2/2/16
2/5/16
2/9/16
2/10/16
2/10/16
2/12/16
2/16/16
2/17/16
2/20/16
2/21/16
2/21/16
2/23/16
2/24/16
2/26/16
2/26/16
2/27/16
2/27/16
2/27/16
Reference
Jrnl
OR # 0002
Voucher
OR
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
OR # 0001
Check # 157201
Check # 157202
Check # 157203
OR # 0003
Check no: 157204
OR# 0004
CN# 157205
CN# 157206
CN# 157207
CN# 157208
Check # 157209
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
Trans Description
Beginning Balance
Additional Investment
Paid gasoline consumption
Paid the snacks served
Salary of the part time clerk
Payment for gasoline consumption
Paid snacks served
Paid various office supplies
Payment for gasoline consumtion
paid the snacks served
Collected fees for services ren
Paid snacks served
Payment for gasoline consumption
Paid misc. expenses on cash
Current Period Change
Ending Balance
Beginning Balance
Additional Investment
Payment for Meralco
Paid Business permits
Rent for two months
Partial payment of Grospe
Aquired insurance
Fees due from Grospe
Payment for automobile repairs
Payment for improving the lease
Withdrawals for personal use
Paid meralco for electrical
Withdrawal for personal use
Paid a lawyer for legal expenses
acquired stocks of Petron
collected fees fron various clien
Check received from Enterprise
Settled the purchase in full
Paid an engineer for consultancy services
Paid PLDT for utility bill
Paid Pro Data in full
Withdrawals for personal use
Page: 5
Cash in bank
Cash in bank
Cash in bank
Cash in bank
Cash in bank
Cash in bank
117
117
117
117
117
117
117
117A
117A
117A
121
121
121
121
132
132
132
132
Prepaid rent
Prepaid rent
Prepaid rent
Prepaid rent
133
133
133
133
Prepaid insurance
Prepaid insurance
Prepaid insurance
Prepaid insurance
134
134
134
134
134
Unused supplies
Unused supplies
Unused supplies
Unused supplies
Unused supplies
09/15/2016 at 09:48:49
2/27/16
2/28/16
2/28/16
2/28/16
2/28/16
2/29/16
2/1/16
2/3/16
2/17/16
2/23/16
2/27/16
2/28/16
GENJ
GENJ
GENJ
GENJ
GENJ
Voucher
GENJ
GENJ
GENJ
GENJ
GENJ
2/29/16
2/1/16
2/28/16
GENJ
2/29/16
2/1/16
2/21/16
2/27/16
GENJ
GENJ
2/29/16
2/1/16
2/2/16
2/28/16
2/29/16
2/1/16
2/9/16
2/28/16
2/29/16
2/1/16
2/1/16
2/1/16
2/6/16
2/14/16
Check # 157203
GENJ
GENJ
Voucher 1
OR
Voucher
GENJ
GENJ
GENJ
GENJ
Page: 6
Unused supplies
Unused supplies
Unused supplies
Unused supplies
138
138
138
141
141
141
141
141A
141A
141A
151
151
151
151
151
Office Equipment
Office Equipment
Office Equipment
Office Equipment
Office Equipment
151A
151A
151A
161
161
161
Automobile
Automobile
Automobile
161A
161A
161A
171
171
171
Leasehold Improvement
Leasehold Improvement
Leasehold Improvement
09/15/2016 at 09:48:49
2/17/16
2/20/16
2/28/16
GENJ
GENJ
GENJ
2/29/16
2/1/16
2/28/16
GENJ
2/29/16
2/1/16
2/1/16
2/28/16
Voucher 1
2/29/16
2/1/16
2/28/16
2/29/16
2/1/16
2/1/16
2/19/16
2/28/16
GENJ
Voucher 1
2/29/16
2/1/16
2/28/16
2/29/16
2/1/16
2/7/16
GENJ
GENJ
GENJ
GENJ
Voucher
2/29/16
2/1/16
2/28/16
2/29/16
2/1/16
2/12/16
GENJ
GENJ
GENJ
GENJ
CN# 157206
GENJ
Page: 7
171A
171A
171A
181
181
181
181
Tools
Tools
Tools
Tools
191
191
191
191
211
211
211
211
211
211
211
211
211
Account payable
Account payable
Account payable
Account payable
Account payable
Account payable
Account payable
Account payable
Account payable
221
221
221
231
231
231
232
232
232
236
236
09/15/2016 at 09:48:49
2/29/16
2/1/16
2/28/16
2/29/16
2/1/16
2/1/16
2/28/16
2/29/16
2/1/16
2/1/16
2/1/16
2/29/16
2/1/16
2/6/16
2/14/16
2/17/16
2/19/16
2/26/16
2/27/16
2/28/16
GENJ
Voucher 1
GENJ
GENJ
Voucher 1
Check # 157201
GENJ
GENJ
Voucher
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
2/29/16
2/1/16
2/28/16
GENJ
2/29/16
2/1/16
2/28/16
GENJ
2/29/16
2/1/16
2/28/16
GENJ
2/29/16
2/1/16
2/28/16
GENJ
Ending Balance
Beginning Balance
Depreciation for 5 years
Current Period Change
Ending Balance
Beginning Balance
Original Investment
Depreciation for 2 years
Current Period Change
Ending Balance
Beginning Balance
Original Investment
Payment for Meralco
Current Period Change
Ending Balance
Beginning Balance
Purchase supplies, term: n/20
Ordered supplies on cash basis
Additional Supplies purchased
Purchased euipments,term:n/20
Settled the purchase in full
Paid Pro Data in full
Purchased furniture, term: on account
Current Period Change
Ending Balance
Beginning Balance
Advance payment from Armando
Current Period Change
Ending Balance
Beginning Balance
Incurred expenses
Current Period Change
Ending Balance
Beginning Balance
consultancy services adjustment
Current Period Change
Ending Balance
Beginning Balance
For february
Page: 8
311
311
311
311
311
311
311
311
311
321
321
321
321
321
411
411
411
411
411
411
411
411
Professional fees
Professional fees
Professional fees
Professional fees
Professional fees
Professional fees
Professional fees
Professional fees
492
492
492
511
511
511
511
511
512
Consultancy expenses
09/15/2016 at 09:48:49
2/28/16
2/29/16
2/1/16
2/1/16
2/1/16
2/1/16
2/1/16
2/1/16
2/3/16
2/7/16
2/29/16
2/1/16
2/16/16
2/20/16
2/27/16
2/29/16
2/1/16
2/3/16
2/5/16
2/10/16
2/17/16
2/24/16
2/28/16
GENJ
Voucher 1
OR # 0001
OR
OR
OR 3
OR # 0002
Voucher
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
CN# 157207
Check # 157209
GENJ
GENJ
GENJ
Voucher
OR # 0003
OR# 0004
GENJ
GENJ
GENJ
GENJ
GENJ
GENJ
2/29/16
2/1/16
2/27/16
GENJ
2/29/16
2/1/16
2/15/16
2/28/16
2/28/16
GENJ
GENJ
GENJ
2/29/16
2/1/16
Incurred expenses
Current Period Change
Ending Balance
Beginning Balance
Original Investment
Additional Investment
Additional Investment
Additional Investment
Additional Investment
Additional Investment
Additional Investment
Current Period Change
Ending Balance
Beginning Balance
Withdrawals for personal use
Withdrawal for personal use
Withdrawals for personal use
Current Period Change
Ending Balance
Beginning Balance
Rendered Services, term: Credit
Partial payment of Grospe
Fees due from Grospe
Billed Flores for services rendered
Check received from Enterprise Bank for service rendere
Earned and not yet billed
Current Period Change
Ending Balance
Beginning Balance
Sold Petron shares
Current Period Change
Ending Balance
Beginning Balance
Salary of the part time clerk
Salary of part time clerk
Salary of draftsmen
Current Period Change
Ending Balance
Beginning Balance
Page: 9
Consultancy expenses
Consultancy expenses
Consultancy expenses
513
513
513
513
513
520
520
520
Supplies expenses
Supplies expenses
Supplies expenses
521
521
521
Tools expenses
Tools expenses
Tools expenses
526
526
526
Rent Expense
Rent Expense
Rent Expense
527
527
527
527
527
Utility Expense
Utility Expense
Utility Expense
Utility Expense
Utility Expense
528
528
528
Insurance
Insurance
Insurance
529
529
529
529
531
531
09/15/2016 at 09:48:49
2/26/16
2/28/16
2/29/16
2/1/16
2/1/16
2/21/16
2/28/16
GENJ
GENJ
OR 3
GENJ
GENJ
GENJ
2/29/16
2/1/16
2/28/16
GENJ
2/29/16
2/1/16
2/28/16
GENJ
2/29/16
2/1/16
2/28/16
GENJ
2/29/16
2/1/16
2/17/16
2/27/16
2/28/16
CN# 157208
2/29/16
2/1/16
2/28/16
2/29/16
2/1/16
2/10/16
2/28/16
2/29/16
2/1/16
2/8/16
GENJ
GENJ
GENJ
GENJ
CN# 157205
GENJ
GENJ
Voucher
GENJ
Page: 10
532
532
532
532
532
532
535
535
535
Doubtful accounts
Doubtful accounts
Doubtful accounts
541
541
541
Depreciation - F/F
Depreciation - F/F
Depreciation - F/F
551
551
551
Depreciation - O/E
Depreciation - O/E
Depreciation - O/E
561
561
561
Depreciation - Auto
Depreciation - Auto
Depreciation - Auto
571
571
571
Depreciation - L/I
Depreciation - L/I
Depreciation - L/I
585
585
585
591
591
591
Miscellaneous expenses
Miscellaneous expenses
Miscellaneous expenses
09/15/2016 at 09:48:49
2/15/16
2/21/16
2/27/16
2/29/16
2/1/16
2/13/16
2/16/16
2/22/16
2/27/16
GENJ
GENJ
GENJ
OR
GENJ
GENJ
GENJ
GENJ
2/29/16
2/1/16
2/28/16
GENJ
2/29/16
2/1/16
2/28/16
GENJ
2/29/16
2/1/16
2/28/16
GENJ
2/29/16
2/1/16
2/28/16
GENJ
2/29/16
2/1/16
2/28/16
GENJ
2/29/16
2/1/16
2/1/16
2/29/16
2/1/16
2/28/16
OR
GENJ
GENJ
Page: 11
592
592
592
592
2/29/16
2/1/16
2/2/16
2/28/16
2/29/16
09/15/2016 at 09:48:49
Check # 157202
GENJ
GENJ
Ending Balance
Beginning Balance
Paid Business permits
Unused Office supplies
Current Period Change
Ending Balance
Page: 12
Credit Amt
Balance
10,000.00
650.20
510.50
3,500.00
540.60
625.50
778.50
850.00
685.50
ine consumption
ine consumtion
5,000.00
ine consumption
15,000.00
250.50
650.00
377.75
9,419.05
5,580.95
5,580.95
80,000.00
1,500.00
4,015.00
20,000.00
10,000.00
7,500.00
15,000.00
mobile repairs
oving the lease
2,000.00
15,000.00
8,000.00
1,150.75
3,000.00
4,500.00
22,000.00
egal expenses
10,000.00
25,000.00
09/15/2016 at 09:48:49
5,250.00
5,000.00
725.30
9,500.00
12,000.00
Page: 13
157,641.05
15,858.95
15,858.95
15,700.00
25,000.00
n various clients
services rendered
10,000.00
5,000.00
18,000.00
58,700.00
15,000.00
175.00
175.00
43,700.00
43,700.00
-175.00
-175.00
22,000.00
22,000.00
22,000.00
22,000.00
20,000.00
to next month
20,000.00
10,000.00
10,000.00
10,000.00
10,000.00
7,500.00
7,500.00
416.67
416.67
7,083.33
7,083.33
5,200.00
210.75
5,250.00
2,820.00
09/15/2016 at 09:48:49
Page: 14
9,234.63
9,234.63
3,345.83
3,345.83
3,345.83
3,345.83
35,800.00
18,800.00
54,600.00
54,600.00
54,600.00
596.67
596.67
75,000.00
9,500.00
12,000.00
96,500.00
210,000.00
210,000.00
-1,562.50
-1,562.50
210,000.00
210,000.00
2,916.67
2,916.67
09/15/2016 at 09:48:49
-596.67
-596.67
96,500.00
96,500.00
1,562.50
1,562.50
15,000.00
15,000.00
9,234.62
9,234.62
-2,916.67
-2,916.67
15,000.00
Page: 15
-250.00
-250.00
10,000.00
10,000.00
416.67
416.67
2,500.00
1,500.00
4,000.00
9,583.33
9,583.33
4,000.00
4,000.00
5,250.00
2,820.00
4,210.00
9,500.00
on cash basis
ents,term:n/20
5,250.00
9,500.00
from Armando
18,800.00
40,580.00
10,000.00
10,000.00
1,480.00
1,480.00
ces adjustment
8,000.00
8,000.00
-25,830.00
-25,830.00
-10,000.00
-10,000.00
-1,480.00
-1,480.00
-8,000.00
-8,000.00
1,500.00
09/15/2016 at 09:48:49
Page: 16
128,500.00
80,000.00
720.00
210.75
3,200.00
10,000.00
210,000.00
432,630.75
8,000.00
3,000.00
12,000.00
23,000.00
s, term: Credit
ervices rendered
om Enterprise Bank for service rendere
09/15/2016 at 09:48:50
-432,630.75
-432,630.75
23,000.00
23,000.00
15,700.00
10,000.00
15,000.00
25,000.00
25,000.00
18,000.00
108,700.00
1,500.00
1,500.00
3,500.00
4,500.00
20,000.00
28,000.00
-3,500.00
-3,500.00
-108,700.00
-108,700.00
-1,500.00
-1,500.00
28,000.00
28,000.00
Page: 17
3,200.00
4,500.00
1,500.00
9,200.00
9,234.63
9,234.63
416.67
416.67
10,000.00
10,000.00
1,150.75
725.30
1,480.00
3,356.05
416.67
416.67
2,000.00
2,000.00
4,000.00
13,000.00
13,000.00
9,200.00
9,200.00
9,234.63
9,234.63
416.67
416.67
10,000.00
10,000.00
3,356.05
3,356.05
416.67
416.67
4,000.00
4,000.00
650.20
09/15/2016 at 09:48:50
Page: 18
510.50
625.50
685.50
250.50
2,072.00
175.00
175.00
596.67
596.67
1,562.50
1,562.50
2,916.67
2,916.67
250.00
250.00
720.00
720.00
377.75
377.75
09/15/2016 at 09:48:50
2,690.80
2,690.80
2,072.00
2,072.00
175.00
175.00
596.67
596.67
1,562.50
1,562.50
2,916.67
2,916.67
250.00
250.00
720.00
720.00
377.75
Page: 19
09/15/2016 at 09:48:50
3,345.83
3,345.83
669.17
669.17
Page: 20
09/15/2016 at 09:48:50
Account Description
Cash on hand
Cash in bank
Professional fees receivable
Allowance for doubtful account
Prepaid rent
Prepaid insurance
Unused supplies
Other prepaid expenses
Furniture and fixtures
Accum depn - F/F
Office Equipment
Accum depn - O/E
Automobile
Accum depn - Auto
Leasehold Improvement
Accum depn - L/I
Tools
Deposit with utility companies
Account payable
Unearned Professional fees
Accrued utility expenses
Accrued consultancy expenses
Other accrued expenses
Bart M. Manuel, Capital
Bart M. Manuel, Drawing
Professional fees
Gain on sale of investment
Salaries and wages
Consultancy expenses
Accounting and legal expenses
Supplies expenses
Tools expenses
Rent Expense
Utility Expense
Insurance
Repairs and maintenance
Travel and transportation
Representation and ent expense
Debit Amt
5,580.95
15,858.95
43,700.00
Credit Amt
175.00
10,000.00
7,083.33
9,234.62
3,345.83
54,600.00
596.67
96,500.00
1,562.50
210,000.00
2,916.67
15,000.00
250.00
9,583.33
4,000.00
25,830.00
10,000.00
1,480.00
8,000.00
3,500.00
432,630.75
23,000.00
108,700.00
1,500.00
28,000.00
13,000.00
9,200.00
9,234.63
416.67
10,000.00
3,356.05
416.67
4,000.00
2,690.80
2,072.00
Page: 21
Doubtful accounts
Depreciation - F/F
Depreciation - O/E
Depreciation - Auto
Depreciation - L/I
Bank service charges
Miscellaneous expenses
Permits and Licenses
Total:
09/15/2016 at 09:48:50
175.00
596.67
1,562.50
2,916.67
250.00
720.00
377.75
669.17
597,141.59
597,141.59
Page: 22
8
Bart M. Manuel, Architect
Income Statement
For the Two Months Ending February 29, 2016
Current Month
Year to Date
Revenues
Professional fees
Interest income
Miscellaneous income
Gain on sale of investment
108,700.00
0.00
0.00
1,500.00
98.64
0.00
0.00
1.36
108,700.00
0.00
0.00
1,500.00
98.64
0.00
0.00
1.36
Total Revenues
110,200.00
100.00
110,200.00
100.00
0.00
0.00
0.00
0.00
110,200.00
100.00
110,200.00
100.00
28,000.00
13,000.00
9,200.00
0.00
9,234.63
416.67
10,000.00
3,356.05
416.67
4,000.00
2,690.80
2,072.00
175.00
596.67
1,562.50
2,916.67
250.00
25.41
11.80
8.35
0.00
8.38
0.38
9.07
3.05
0.38
3.63
2.44
1.88
0.16
0.54
1.42
2.65
0.23
28,000.00
13,000.00
9,200.00
0.00
9,234.63
416.67
10,000.00
3,356.05
416.67
4,000.00
2,690.80
2,072.00
175.00
596.67
1,562.50
2,916.67
250.00
25.41
11.80
8.35
0.00
8.38
0.38
9.07
3.05
0.38
3.63
2.44
1.88
0.16
0.54
1.42
2.65
0.23
Cost of Sales
Total Cost of Sales
Gross Profit
Expenses
Salaries and wages
Consultancy expenses
Accounting and legal expenses
Taxes
Supplies expenses
Tools expenses
Rent Expense
Utility Expense
Insurance
Repairs and maintenance
Travel and transportation
Representation and ent expense
Doubtful accounts
Depreciation - F/F
Depreciation - O/E
Depreciation - Auto
Depreciation - L/I
09/15/2016 at 09:48:50
Page: 23
8
Bart M. Manuel, Architect
Income Statement
For the Two Months Ending February 29, 2016
Interest expense
Bank service charges
Miscellaneous expenses
Permits and Licenses
0.00
720.00
377.75
669.17
0.00
0.65
0.34
0.61
0.00
720.00
377.75
669.17
0.00
0.65
0.34
0.61
Total Expenses
89,654.58
81.36
89,654.58
81.36
Net Income
20,545.42
18.64
20,545.42
18.64
09/15/2016 at 09:48:50
Page: 24
8
Bart M. Manuel, Architect
Statement of Retained Earnings
For the Two Months Ending February 29, 2016
0.00
432,630.75
20,545.42
Subtotal
453,176.17
(23,000.00)
0.00
430,176.17
09/15/2016 at 09:48:50
Page: 25
ASSETS
Current Assets
Cash on hand
Cash in bank
Professional fees receivable
Allowance for doubtful account
Prepaid rent
Prepaid insurance
Unused supplies
Other prepaid expenses
5,580.95
15,858.95
43,700.00
(175.00)
10,000.00
7,083.33
9,234.62
3,345.83
94,628.68
54,600.00
(596.67)
96,500.00
(1,562.50)
210,000.00
(2,916.67)
15,000.00
(250.00)
9,583.33
4,000.00
384,357.49
Other Assets
Total Other Assets
Total Assets
09/15/2016 at 09:48:50
0.00
478,986.17
Page: 26
25,830.00
10,000.00
1,480.00
8,000.00
3,500.00
48,810.00
Long-Term Liabilities
Total Long-Term Liabilities
0.00
Total Liabilities
Capital
Bart M. Manuel, Capital
Bart M. Manuel, Drawing
Net Income
48,810.00
432,630.75
(23,000.00)
20,545.42
Total Capital
430,176.17
478,986.17
09/15/2016 at 09:48:50
Page: 27