SAMPALOC AGRARIAN REFORM BENEFICIARIES MULTI-PURPOSE COOPERATIVE

Sampaloc Tanay, Rizal

Financial Statements
as of January 31, 2019

December 31, 2018 CRJ Cash Disbursement General Journal Financial Condition
Particulars Dr Cr Dr Cr Dr Cr Dr Cr Dr
Cash on Hand 5,039.18 88,219.00 93,200.00 58.18
TRB 23,583.75 23,583.75
TMVCMPC 17,338.17 138,136.36 93,200.00 (27,598.19)
LAND BANK 12,157.10 12,157.10
Accounts Receivables 123,365.00 - 123,365.00
Accounts Receivables-Others 5,000.00 5,000.00
Loans Receivable Micro Finance - -
Receivablles from AO&E 6,533.07 955.00 7,488.07
Allowance for PLL (73,884.61) (73,884.61)
Beg.Inventories 266,122.00 266,122.00
Building and Improvement 1,286,729.80 1,286,729.80
Machinery & Equipment 307,108.80 307,108.80
Office Equipment 39,834.55 39,834.55
Furniture and Fixtures - -
Other Assets 202,192.00 202,192.00
Accumulated Depreciation -
Building and Improvements (291,622.04) (291,622.04)
Machinery & Equipment (169,857.42) (169,857.42)
Office Equipment (25,512.90) (25,512.90)
Furniture and Fixtures -
Other Assets (73,734.30) (73,734.30)
Accounts Payable
Due to apex 114,640.82
Paid Up share Capital 749,176.02
Donated Capital 1,116,464.84
Reserved Fund (745,819.81)
Education and training Fund -
Optional Fund -
Community and Development Fund -
Interest on Share Capital an Patonage Refund 425,930.28
Membership fees
Interest on the Bank Deposit
Miscellaneous Income
Donations ND Grants Subsidy
Raw Materials Inventory Beg.
Purchases of Raw Masterials 66,364.00
Sales 88,219.00
Direct Labor 6,475.00
Delivery and Handling Fee 1,785.00
Factory Overhead
Transportation 2,707.00
Indirect Materials
Light and Water 13,662.94
Honorarium Maanagement
Supplies 4,896.75
Depreciation of Equipment
Salaries and Wages
SSS, PhilHealth Premium
Employee Benefits
Cash Gif 7,000.00
Honorarium 2,000.00
Professional Fees 8,000.00
Incentives 13,875.00
Communication Expense 1,199.00
Computerization Expense
Representation
General Assembly Meeting Expense
Training and Seminar
Meeting and Conferences 1,642.17
Bank Charges
Travel & Transportation
Social Services Expense
Office Supplies
Promotional Expenses
Taxes and Licenses 6,985.00
Repair and Maiantenance 500.00
Miscellaneous Expense 90.00
TOTAL 1,660,392.15 1,660,392.15 88,219.00 88,219.00 138,136.86 138,136.36 93,200.00 93,200.00 1,611,429.79
-
1,611,429.79
Financial Condition Financial Opeations
Cr Dr Cr

114,640.82
749,176.02
1,116,464.84
(745,819.81)

425,930.28

66,364.00
88,219.00
6,475.00
1,785.00
-
2,707.00
-
13,662.94
-
4,896.75
-
-
-
-
7,000.00
2,000.00
8,000.00
13,875.00
1,199.00
-
-
-
-
 1,642.17
-
-
-
-
-
6,985.00
500.00
90.00
1,660,392.15 137,181.86 88,219.00
(48,962.36) (48,962.86)
1,611,429.79 88,219.00 88,219.00
SAMPALOC AGRARIAN REFORM BENEFICIARIES MULTI-PURPOSE COOPERATIVE
Sampaloc Tanay, Rizal

Statement of Financial Condition

For the Month Ended January 31, 2019

Assets

Current Assets
Cash and Cash Equivalent 8,200.84
Loans and Receivables 134,898.07
Other Receivalbes -
Inventories 266,122.00
409,220.91

Property and Equipment 1,275,138.49

TOTAL ASSETS 1,684,359.40

SAMPALOC AGRARIAN REFORM BENEFICIARIES MULTI-PURPOSE COOPERATIVE
Sampaloc Tanay, Rizal

Statement of Opepration
For the Month Ended January 31, 2019

Sales 88,219.00
Raw Materials Inventory Beg. 266,122.00
Add: Net Purchases of Raw Materials 66,364.00
Total raw materials for use 332,486.00
Less: Raw Materials Inventory end 25,069.00
Cost of Raw Materials 307,417.00
Less Finisshed Products 247,810.00 59,607.00
Gross Sales 28,612.00
Direct Labor 6,475.00
Factory Overhead 1,785.00
Transportation
Indirect Materials
Light and Water
Honorarium Maanagement
Supplies
Depreciation of Equipment
Total Manufacturing Cost
Add: Good In Process Beg:
Total Goods Placed in process
Less; Goods in Process End 8,260.00
Net Sales 20,352.00

Operating Expenses
Salaries and Wages
SSS, PhilHealth Premium
Employee Benefits 7,000.00
Honorarium 2,000.00
Professional Fees 8,000.00
Communication Expense 1,199.00
Computerization Expense
Representation
General Assembly Meeting Expense
Training and Seminar
Meeting and Conferences 1,642.17
Bank Charges
Travel & Transportation 2,707.00
Light , Power and Water 13,662.94
Office Supplies 4,896.75
Promotional Expenses
Taxes and Licenses 6,985.00
Repair and Maiantenance 500.00
Miscellaneous Expense 90.00 48682.86
Net (Loss) Surplus (28,330.86)

Prepared by: Noted:

JOCELYN A. FULGUERAS PEPITO V. TABORA

Acting Bookkeeper OIC -Manager