La Charica Inn an La Charica Inn an Suites Suites

General Journal Oct-18-2012 General Ledger Balance Sheet Income Statement Changes in Equity Cash Flows Payroll Sheet FS Notes Backup Log Off Exit Non Current Assets 15000 Property, Plant and Equipment 15010 Furnitures and Fixtures 15020 Machine and Equipments 15030 Building 15040 Building Improvements 15050 Land 15060 Land Improvements Account No. Account Title Current Assets 11000 Cash and Cash Equivalents 11010 Cash on Hand 11020 Checks and Other Cash Items 11030 Cash in Credit Cards Payment 11030 Cash in Bank - BPI 12010 Petty Cash Fund 13000 Trade and Other Receivables 13010 Accounts Receivable 13020 Commissions Receivable 13050 Advances 14000 Prepaid Expenses 14010 Supplies - Room 14020 Supplies - Resto 14030 Supplies - Admin

CHA

Contra Assets 13015 Allowance for Doubtful Acct - A 15015 Accum. Dep. - Fur. And Fix. 15025 Accum. Dep. - Mach. And Equip 15035 Accum. Dep. - Bldg 15045 Accum. Dep. - Bldg Impro. 15065 Accum. Dep. - Land Impro. Expenses Supplies Expense - Room Supplies Expense - Resto

51010 51020

51030 51040 51050 51060 51070 51080 51090 51200 61010 61020 71010 71020 71030 71040 71050 71060 71070

Supplies Expense - Admin Commission Expense Housekeeping Expense Bad Debt Expense Repair and Maintenance Expen Wages Expense Utilities Expense Advertising Expense Dep. Exp. - Furniture & Fixtures Dep. Exp. - Machine & Eqpt Dep. Exp. - Building Dep. Exp. - Bldg Improvements Dep. Exp. - Land Improvements Bank Service Charge Interest Expense Real Property Tax Expense Other Expense

Inn and Inn and es es

Accounting Information System

-2012

CHART OF ACCOUNTS

14:13

ccount Title

ash and Cash Equivalents ash on Hand hecks and Other Cash Items ash in Credit Cards Payment ash in Bank - BPI etty Cash Fund ade and Other Receivables ccounts Receivable ommissions Receivable

epaid Expenses upplies - Room upplies - Resto upplies - Admin

Account No. Account Title Current Liabilities 21010 Accounts Payable 21020 Wages Payable 21030 Commission Payable 21040 Interest Payable 21050 Real Property Tax Payable 21060 Withholding Tax Payable 21070 SSS Contributions Payable 22010 PAG IBIG Premiums Payable 22020 PhilHealth Premiums Payable 22030 Medicare Premiums Payable 22040 Other Contributions 22050 Unearned Rent Revenue 23010 Other Current Liabilities

operty, Plant and Equipment urnitures and Fixtures achine and Equipments

Non Current Liabilities 25010 Notes Payable 25020 Loans Payable 26010 Other Noncurrent Liabilities Equity Owner's Capital Withdrawals Income Summary Revenue Room Rental Bar and Resto Sales Service Charge Income Other Income

uilding Improvements

and Improvements

31010 31020 31030

lowance for Doubtful Acct - A/R ccum. Dep. - Fur. And Fix. ccum. Dep. - Mach. And Equip. ccum. Dep. - Bldg ccum. Dep. - Bldg Impro. ccum. Dep. - Land Impro.

41010 41020 41030 41050

upplies Expense - Room upplies Expense - Resto

upplies Expense - Admin ommission Expense ousekeeping Expense ad Debt Expense epair and Maintenance Expense ages Expense ilities Expense dvertising Expense ep. Exp. - Furniture & Fixtures ep. Exp. - Machine & Eqpt ep. Exp. - Building ep. Exp. - Bldg Improvements ep. Exp. - Land Improvements ank Service Charge terest Expense eal Property Tax Expense ther Expense

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October 18, 2012

October 18, 2012

OK
Debit Credit PR #

Building - P50000 Notes Payable - P50000 Wages Payable - P2 Cash - P2 1 2

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Cash on Hand Debit Credit

Checks and Other Cash Items Debit Credit

Cash in Credit Cards Payment Debit Credit

Cash in Bank - BPI Debit Credit

Petty Cash Fund Debit Credit

Accounts Receivable Debit Credit

Commissions Receivable Debit Credit

Advances Debit Credit

Supplies - Room Debit Credit

Supplies - Resto Debit Credit

Supplies - Admin Debit Credit

Furnitures and Fixtures Debit Credit

Machine and Equipments Debit Credit

Building Debit Credit

Building Improvements Debit Credit

50000

Land Debit Credit

Land Improvements Debit Credit

Allowance for Doubtful Acct - A/R Debit Credit

Accum. Dep. - Fur. And Fix. Debit Credit

Accum. Dep. - Mach. And Equip. Debit Credit

Accum. Dep. - Bldg Debit Credit

Accum. Dep. - Bldg Impro. Debit Credit

Accum. Dep. - Land Impro. Debit Credit

Accounts Payable Debit Credit

Wages Payable Debit Credit

Commission Payable Debit Credit

Interest Payable Debit Credit

Real Property Tax Payable Debit Credit

Withholding Tax Payable Debit Credit

SSS Contributions Payable Debit Credit

PAG IBIG Premiums Payable Debit Credit

PhilHealth Premiums Payable Debit Credit

Medicare Premiums Payable Debit Credit

Other Contributions Debit Credit

Unearned Rent Revenue Debit Credit

Other Current Liabilities Debit Credit

Notes Payable Debit Credit

50000

Loans Payable Debit Credit

Other Noncurrent Liabilities Debit Credit

Owner's Capital Debit Credit

Withdrawals Debit Credit

Income Summary Debit Credit

Room Rental Debit Credit

Bar and Resto Sales Debit Credit

Service Charge Income Debit Credit

Other Income Debit Credit

Supplies Expense - Room Debit Credit

Supplies Expense - Resto Debit Credit

Supplies Expense - Admin Debit Credit

Commission Expense Debit Credit

Housekeeping Expense Debit Credit

Bad Debt Expense Debit Credit

Repair and Maintenance Expense Debit Credit

Wages Expense Debit Credit

Utilities Expense Debit Credit

Advertising Expense Debit Credit

Dep. Exp. - Furniture & Fixtures Debit Credit

Dep. Exp. - Machine & Eqpt Debit Credit

Dep. Exp. - Building Debit Credit

Dep. Exp. - Bldg Improvements Debit Credit

Dep. Exp. - Land Improvements Debit Credit

Bank Service Charge Debit Credit

Interest Expense Debit Credit

Real Property Tax Expense Debit Credit

Other Expense Debit Credit

LA CHARICA INN AND SUITES

Income Statement From January 1, 2012 to October 18, 2012 Note Revenue Room Rental Bar and Resto Sales Service Charge Income Other Income Expenses Supplies Expense - Room Supplies Expense - Resto Supplies Expense - Admin Commission Expense Housekeeping Expense Bad Debt Expense Repair and Maintenance Expense Wages Expense Utilities Expense Advertising Expense Depreciation Expenses Bank Service Charge Interest Expense Real Property Tax Expense Other Expense NET INCOME/(NET LOSS) Php -

Php

Php

Php

LA CHARICA INN AND SUITES

Balance Sheet October 18, 2012 ASSETS Current Assets Cash and Cash Equivalents Trade and Other Receivables Prepaid Expenses Noncurrent Assets Property, Plant and Equipments Total Assets LIABILITIES AND EQUITY Liabilities Current Liabilities Accounts Payable Wages Payable Commission Payable Interest Payable Real Property Tax Payable Withholding Tax Payable SSS Contributions Payable PAG IBIG Premiums Payable PhilHealth Premiums Payable Medicare Premiums Payable Unearned Rent Revenue Other Current Liabilities Other Contributions Noncurrent Liabilities Notes Payable Loans Payable Other Noncurrent Liabilities Total Liabilities EQUITY Owner's Capital Owner's Withdrawals TOTAL LIABILITIES AND EQUITY Php

Note 1 2 3

Php

4 Php

Php

ES

(2.00) -

50,000.00 49,998.00

(2.00) -

50,000.00 49,998.00

49,998.00

LA CHARICA INN AND SUITES Statement of Cash Flows From January 1, 2012 to October 18, 2012

Cash Flows from Operating Activities Cash Received from Customers Payments to Vendors Payments to Employees Payments for Taxes Payments for Advertisement Net Cash provided by (used in) Operating Activites Cash Flows from Investing Activities Payments to Acquire Building Payments to Acquire Equipments Net Cash provided by (used in) Investing Activities Cash Flows from Financing Activities Cash Received as Investments by Owner Cash Received from Borrowings Payments for Withdrawal by Owner Net Cash provided by (used in) Financing Activities

Php

(2) -

Net Increase (Decrease) in Cash

Cash Balance at the Beginning of the Period Cash Balance at the End if the Period

Print Back to Menu

Php

(2)

Php

(2) (2)

LA CHARICA INN AND SUITES

Statement of Changes in Equity From January 1, 2012 to October 18, 2012

Capital, Beg. Add: Additional Investment Capital Less: Withdrawals Capital before Income Add: Income Summary Capital, End

Php Php Php Php

12

NOTES TO FINANCIAL STATEMENTS Note 1: Cash and Cash Equivalent Cash on Hand Checks and Other Cash Items Cash in Credit Cards Payment Cash in Bank - BPI Petty Cash Fund Note 2: Trade and Other Receivables Accounts Receivable Less: Allowance for Doubtful Accounts Commissions Receivable Note 3: Prepaid Expenses Supplies - Room Supplies - Resto Supplies - Admin Note 4: Property Plant and Equipment Furniture and Fixtures Machine and Equipments Building Building Improvements Land Improvements Less: Accum. Accum. Accum. Accum. Accum.

Php

Php

Php

Php

Php

Php

Php

Dep. Dep. Dep. Dep. Dep.

Fur. And Fix. Mach. And Equip. Bldg Bldg Improv. Land Improv. Php

Note 5: Depreciation Expenses Dep. Exp. Fur. And Fix. Dep. Exp. Mach. And Eqpt.

Php

Dep. Exp. - Bldg Dep. Exp. - Bldg Improv. Dep. Exp. - Land Improv. Php Note 6: Supplies Supplies Supplies Supplies Expenses Expense - Room Expense - Resto Expense - Admin

Php

Php Note 7: Trade and Other Receivables Beginning Balances Accounts Receivable Commissions Receivable Advances Total Beginning Balances

Php

Php

Note 8: Ending Balance Accounts Receivable Commissions Receivable Advances Total Ending Balances

Php

Php

TS

Back to Menu (2.00) (2.00)

50,000.00 -

50,000.00

Payroll period: REGULAR NAME OF EMPLOYEE Days TOTAL Rate 259.00 327.00 259.00 259.00 327.00 259.00 259.00 259.00 846.15 259.00 259.00 259.00 259.00 259.00 259.00 259.00 259.00 259.00 327.00 259.00 259.00 259.00 259.00 259.00 327.00 259.00 259.00 327.00 327.00 692.31 259.00 Total Hours Overtime Rate 9.71 9.71 9.71 9.71 9.71 9.71 9.71 9.71 9.71 9.71 9.71 9.71 9.71 9.71 9.71 9.71 9.71 9.71 9.71 9.71 9.71 9.71 9.71 Total -

SALARY Night Differential Hours Rate 3.24 4.09 3.24 3.24 3.24 3.24 3.24 3.24 3.24 3.24 3.24 3.24 3.24 3.24 3.24 3.24 3.24 3.24 3.24 3.24 3.24 3.24 3.24 3.24 Total Days

Legal Holidays Rate 259.00 327.00 259.00 259.00 327.00 259.00 259.00 259.00 846.15 259.00 259.00 259.00 259.00 259.00 259.00 259.00 259.00 259.00 327.00 259.00 259.00 259.00 259.00 259.00 327.00 259.00 259.00 327.00 327.00 692.31 259.00 Total Days

Special Holidays Rate 77.70 98.10 77.70 77.70 98.10 77.70 77.70 77.70 253.85 77.70 77.70 77.70 77.70 77.70 77.70 77.70 77.70 77.70 98.10 77.70 77.70 77.70 77.70 77.70 98.10 77.70 77.70 98.10 98.10 207.69 77.70 Total TOTAL EARNINGS SSS

DEDUCTIONS CONTRIBUTIONS PHIC PAG-IBIG

DEDUCTIONS CONTRIBUTIONS WTAX Adj

Others Others TOTAL DEDUCTIONS NET EARNINGS -

Oct-18-2012 Oct-18-2012 Oct-18-2012 Oct-18-2012 Oct-18-2012 Oct-18-2012

14:13:43 14:11:49 11:08:59 11:08:45 11:08:18 11:01:58

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