ATB

Debit
Accounts Payable 87,564.32
Accounts Receivable 175,985.65 175,985.65
Accumulated Depreciation-Delivery Equipment 20,444.57
Accumulated Depreciation-Office Equipment 4,224.51
Accumulated Depreciation-Office Furniture 1,699.72
Accumulated Depreciation-Store Equipment 4,167.00
Accumulated Depreciation-Store Furniture 11,232.07
Advances to Employees 13,255.00 13,255.00
Allowance for Bad Debts 35,195.13
Bad Debts Expense 35,195.13 35,195.13
Bonds Payable (due on July 1, 2014) 100,000.00
Cash in Bank 12,345.25 12,345.25
Cash on Hand 98,745.35 98,745.35
Commission Income 6,075.00
Delivery Equipment 140,997.00 140,997.00
Depreciation Expense-Delivery Equipment 20,444.57 20,444.57
Depreciation Expense-Office Equipment 4,224.51 4,224.51
Depreciation Expense-Office Furniture 1,699.72 1,699.72
Depreciation Expense-Store Equipment 4,167.00 4,167.00
Depreciation Expense-Store Furniture 11,232.07 11,232.07
Dimagiba, Capital 125,000.00
Dimagiba, Drawing 20,000.00 20,000.00
Freight-In 6,827.00 6,827.00
Interest Expense 88,775.00 88,775.00
Interest Income 11,225.00
Interest Payable 14,730.00
Interest Receivable 8,252.51 8,252.51
Merchandise Inventory, December 31, 2008 475,975.00 475,975.00
Merchandise Inventory, December 31, 2009
Miscellaneous Office Expenses 1,237.00 1,237.00
Miscellaneous Store Expenses 1,278.35 1,278.35
Mortgage Payable, due on December 31, 2014 135,000.00
Notes Payable 45,325.00
Notes Receivable 45,975.00 45,975.00
Office Equipment 27,080.20 27,080.20
Office Furniture 97,126.65 97,126.65
Office Insurance Expense 17,923.00 17,923.00
Office Rent Expense 65,145.00 65,145.00
Office Rent Payable 2,470.00
Office Salaries Expense 123,987.00 123,987.00
Office Salaries Payable 8,765.43
Office Supplies Expense 13,654.00 13,654.00
Office Utilities Expense 82,716.00 82,716.00
Office Utilities Payable 7,896.54
Petty Cash Fund 5,000.00 5,000.00
Prepaid Office Insurance 27,369.45 27,369.45
Prepaid Office Rent 47,422.60 47,422.60
Prepaid Office Supplies 15,973.15 15,973.15
Prepaid Store Insurance 81,567.48 81,567.48
Prepaid Store Rent 81,226.24 81,226.24
Prepaid Store Supplies 11,759.25 11,759.25
Purchases 546,159.00 546,159.00
Purchases Discounts 8,465.56
Purchases Returns and Allowances 2,730.80
Rent Income 45,632.00
Sales 2,154,406.61
Sales Discounts 11,209.00 11,209.00
Sales Returns and Allowances 5,604.00 5,604.00
Store Equipment 33,336.00 33,336.00
Store Furniture 40,843.90 40,843.90
Store Insurance Expense 9,876.00 9,876.00
Store Rent Expense 12,345.00 12,345.00
Store Rent Payable 1,235.00
Store Salaries Expense 123,456.00 123,456.00
Store Salaries Payable 6,543.21
Store Supplies Expense 32,145.00 32,145.00
Store Utilities Expense 165,432.00 165,432.00
Store Utilities Payable 1,234.56
Unearned Commissions 3,705.00

2,844,967.03
ATB SOI SFP
Credit Debit Credit Debit Credit
87,564.32 87,564.32
175,985.65
20,444.57 20,444.57
4,224.51 4,224.51
1,699.72 1,699.72
4,167.00 4,167.00
11,232.07 11,232.07
13,255.00
35,195.13 35,195.13
35,195.13
100,000.00 100,000.00
12,345.25
98,745.35
6,075.00 6,075.00
140,997.00
20,444.57
4,224.51
1,699.72
4,167.00
11,232.07
125,000.00 125,000.00
20,000.00
6,827.00
88,775.00
11,225.00 11,225.00
14,730.00 14,730.00
8,252.51
475,975.00
395,145.00 395,145.00
1,237.00
1,278.35
135,000.00 135,000.00
45,325.00 45,325.00
45,975.00
27,080.20
97,126.65
17,923.00
65,145.00
2,470.00 2,470.00
123,987.00
8,765.43 8,765.43
13,654.00
82,716.00
 7,896.54 7,896.54
5,000.00
27,369.45
47,422.60
15,973.15
81,567.48
81,226.24
11,759.25
546,159.00
8,465.56 8,465.56
2,730.80 2,730.80
45,632.00 45,632.00
2,154,406.61 2,154,406.61
11,209.00
5,604.00
33,336.00
40,843.90
9,876.00
12,345.00
1,235.00 1,235.00
123,456.00
6,543.21 6,543.21
32,145.00
165,432.00
1,234.56 1,234.56
3,705.00 3,705.00

2,844,967.03 1,860,706.35 2,623,679.97 1,379,405.68 616,432.06

762,973.62 762,973.62

-
ASSETS 1000000
Current Assets 1100000
Cash and cash equivalents 1110000
101 Cash on Hand
102 Cash in Bank
103 Petty Cash Fund
Receivables 1120000
101 Accounts Receivable
104 Advances to Employees
101a Allowance for Bad Debts
103 Interest Receivable
102 Notes Receivable
Merchandise Inventory 1130000
Prepayments 1140000
101 Prepaid Office Insurance
102 Prepaid Office Rent
103 Prepaid Office Supplies
104 Prepaid Store Insurance
105 Prepaid Store Rent
106 Prepaid Store Supplies

Non-Current Assets 1200000

Property and Equipment 1210000
101 Delivery Equipment
102 Office Equipment
103 Office Furniture
104 Store Equipment
105 Store Furniture
101a Accumulated Depreciation-Delivery Eq
102a Accumulated Depreciation-Office Equi
103a Accumulated Depreciation-Office Furni
104a Accumulated Depreciation-Store Equi
105a Accumulated Depreciation-Store Furnit

TOTAL ASSETS

LIABILITIES 2000000
Current Liabilities 2100000
Trade Payables 2110000
101 Accounts Payable
103 Interest Payable
102 Notes Payable
104 Office Rent Payable
105 Office Salaries Payable
 106 Office Utilities Payable
107 Store Rent Payable
108 Store Salaries Payable
109 Store Utilities Payable
Other Payables 2120000
101 Unearned Commissions

Non-Current Liabilities 2200000

101 Mortgage Payable, due on December 3
102 Bonds Payable (due on July 1, 2014)

OWNER'S EQUITY 3000000

101 Dimagiba, Capital
102 Dimagiba, Drawing

TOTAL LIABILITIES AND OWNER'S EQUITY

NET SALES 4000000

101 Sales
102 Sales Discounts
103 Sales Returns and Allowances

COST OF GOODS SOLD 5000000

101 Merchandise Inventory, December 31,
102 Purchases
102a Purchases Discounts
102b Purchases Returns and Allowances
103 Freight-In

GROSS PROFIT

OTHER INCOME 8000000

101 Commission Income
102 Interest Income
103 Rent Income

DISTRIBUTION COSTS 6000000

101 Store Insurance Expense
102 Store Rent Expense
103 Store Salaries Expense
104 Store Supplies Expense
105 Store Utilities Expense
 106 Depreciation Expense-Delivery Equipm
107 Depreciation Expense-Store Equipmen
108 Depreciation Expense-Store Furniture
199 Miscellaneous Store Expenses

ADMINISTRATIVE EXPENSES 7000000

101 Office Insurance Expense
102 Office Rent Expense
103 Office Salaries Expense
104 Office Supplies Expense
105 Office Utilities Expense
106 Bad Debts Expense
107 Depreciation Expense-Office Equipmen
108 Depreciation Expense-Office Furniture
199 Miscellaneous Office Expenses

OPERATING INCOME

FINANCE COSTS 9000000

101 Interest Expense

NET LOSS
 DIMAGIBA GENERAL MERCHNDISE
STATEMENT OF FINANCIAL POSITION
As of December 31, 2015

ASSETS
Current Assets
Cash and cash equivalents (Note 5) 116,090.60
Receivables, net (Note 6) 208,273.03
Merchandise Inventory 395,145.00
Prepayments (Note 7) 265,318.17
984,826.80

Non-Current Assets
Property and Equipment, net (Note 8) 297,615.88

TOTAL ASSETS 1,282,442.68

LIABILITIES
Current Liabilities
Trade Payables (Note 9) 175,764.06
Other Payables 3,705.00
179,469.06

Non-Current Liabilities
Mortgage Payable, due on December 31, 2014 135,000.00
Bonds Payable (due on July 1, 2014) 100,000.00
235,000.00

OWNER'S EQUITY
Dimagiba, Capital 867,973.62

TOTAL LIABILITIES AND OWNER'S EQUITY 1,282,442.68

 DIMAGIBA GENERAL MERCHNDISE
STATEMENT OF INCOME
For the Year Ended December 31, 2015

NET SALES (Note 10) 2,137,593.61

COST OF GOODS SOLD (note 11) 622,619.64

GROSS PROFIT 1,514,973.97

OTHER INCOME (Note 12) 62,932.00

DISTRIBUTION COSTS (Note 13) 380,375.99

ADMINISTRATIVE EXPENSES (Note 14) 345,781.36

OPERATING INCOME 851,748.62

FINANCE COSTS 88,775.00

NET INCOME 762,973.62

 DIMAGIBA GENERAL MERCHNDISE
STATEMENT OF OWNER'S EQUITY
For the Year Ended December 31, 2015

Dimagiba, Capital 125,000.00

Add Net Income 762,973.62

Balance 887,973.62
Less Drawing 20,000.00

Dimagiba, Capital as of Dec 31, 2015 867,973.62