Trial Balance: ABC Enterprises

ABC Enterprises
▌Trial Balance
Posting Date: From 01.01.2021 To 12.31.2021
Template: Chart of Accounts Report Cycle: Annual Report
BP: From To
Customer Group: All Supplier Group: All
Local Currency : Phil Peso
Debit Credit Balance
Assets
A100000 - Current Assets
A110000 - Cash and Cash Equivalents
A111000 - Cash on Hand 6,531,480.56 6,538,925.14 -7,444.58
A112000 - Cash in Bank
A112100 - Cash in Bank - MBTC 7,246,416.00 1,369,558.40 5,876,857.60
A112200 - Cash in Bank – BDO 30,000,000.00 8,070,025.00 21,929,975.00
Total A112000 - Cash in Bank 37,246,416.00 9,439,583.40 27,806,832.60
Total A110000 - Cash and Cash Equivalents 43,777,896.56 15,978,508.54 27,799,388.02
A142000 - Prepaid Rent 720,000.00 720,000.00
A120000 - Trade and Other Receivables
A121000 - AR – Net Realizable Value
A121100 - Accounts Receivable 10,965,641.56 10,264,573.56 701,068.00
Total A121000 - AR – Net Realizable Value 10,965,641.56 10,264,573.56 701,068.00
Total A120000 - Trade and Other Receivables 10,965,641.56 10,264,573.56 701,068.00
Page: 1 / 6 Printed By: SAP Business One Printed On: 5:39PM 07.28.2021
ABC Enterprises
▌Trial Balance
A130000 - Inventory 765,010.00 745,054.17 19,955.83
A140000 - Other Current Assets
A141000 - Input Tax 188,836.23 36,108.00 152,728.23
Total A140000 - Other Current Assets 188,836.23 36,108.00 152,728.23
Total A100000 - Current Assets 56,417,384.35 27,024,244.27 29,393,140.08
A200000 - Noncurrent Assets
A220000 - Machinery – NBV
A221000 - Machinery 40,000.00 40,000.00
Total A220000 - Machinery – NBV 40,000.00 40,000.00
A230000 - Office Equipment – NBV
A231000 - Office Equipment 49,735,550.00 100,000.00 49,635,550.00
Total A230000 - Office Equipment – NBV 49,735,550.00 100,000.00 49,635,550.00
Total A200000 - Noncurrent Assets 49,775,550.00 100,000.00 49,675,550.00
Light Expense 6,750.00 6,750.00
Water Expense 4,400.00 4,400.00
Total Assets 106,204,084.35 27,124,244.27 79,079,840.08
Liabilities
L100000 - Accounts Payable 2,308,346.54 2,389,561.71 -81,215.17
ABC Enterprises
▌Trial Balance
L500000 - Accrued Expenses Payable 602,100.00 646,700.00 -44,600.00
L600000 - Output Tax 21,600.00 1,168,501.56 -1,146,901.56
Total Liabilities 2,932,046.54 4,204,763.27 -1,272,716.73
Capital and Reserves
C100000 - Aquino, Capital 25,000.00 77,094,000.00 -77,069,000.00
C200000 - Aquino, Drawing 1,275,025.00 1,275,025.00
Total Capital and Reserves 1,300,025.00 77,094,000.00 -75,793,975.00
Turnover
R100000 - Sales and Service Revenue 220,277.00 9,784,540.00 -9,564,263.00
R200000 - Discount for Sales and Services 9,185.00 -9,185.00
Total Turnover 220,277.00 9,793,725.00 -9,573,448.00
Cost of Sales
CS100001 - Cost of Goods Sold-Item 197,829.17 197,829.17
Total Cost of Sales 197,829.17 197,829.17
Operating Costs
O100000 - Salaries & Wages 5,393,000.00 41,000.00 5,352,000.00
O200000 - SSS Contribution Expense 190,000.00 190,000.00
O300000 - Philhealth Contribution Expense 128,000.00 3,000.00 125,000.00
ABC Enterprises
▌Trial Balance
O500000 - Supplies Expense 105,000.00 105,000.00
O600000 - Light Expense 378,000.00 378,000.00
O700000 - Water Expense 250,800.00 250,800.00
0800000 - Communication Expense 929,200.48 65,280.00 863,920.48
O900000 - Transportation Expense 91,000.00 91,000.00
Total Operating Costs 7,465,000.48 109,280.00 7,355,720.48
Non-Operating Income and Expenditure
N200000 - Interest Expense 6,750.00 6,750.00
Total Non-Operating Income and Expenditure 6,750.00 6,750.00
Taxation and Extraordinary Items
Total Taxation and Extraordinary Items
#9
Total #9
#10
Total #10
============= ============= =============
Total 118,326,012.54 118,326,012.54
ABC Enterprises
▌Trial Balance
Customers:
Customers
CU100000 - One-Time Customers 1,080,680.00 887,040.00 193,640.00
CU200000 - Mariah Carey 4,681,200.00 4,264,680.00 416,520.00
CU500000 - Elvis Presley 4,928,000.00 4,838,400.00 89,600.00
CU600000 - Michael Jackson 196,241.56 189,557.56 6,684.00
X200 - Angelique 4,480.00 4,480.00
Z200 - Customer 75,040.00 80,416.00 -5,376.00
Total Customers 10,965,641.56 10,264,573.56 701,068.00
Total Customers: 10,965,641.56 10,264,573.56 701,068.00
Vendors
Suppliers
SU100000 - Goodyear 647,114.40 482,870.40 164,244.00
SU300000 - PLDT 803,264.54 895,776.54 -92,512.00
SU400000 - Social Security Systems 303,000.00 358,000.00 -55,000.00
SU500000 - Philhealth 198,000.00 242,000.00 -44,000.00
SU800000 - Global Equipment 172,727.60 184,898.77 -12,171.17
Z100 - Marife Tibule 184,240.00 226,016.00 -41,776.00
ABC Enterprises
▌Trial Balance
Total Suppliers 2,308,346.54 2,389,561.71 -81,215.17
Total Vendors 2,308,346.54 2,389,561.71 -81,215.17

Trial Balance: ABC Enterprises

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ABC Enterprises

Template: Chart of Accounts Report Cycle: Annual Report

Customer Group: All Supplier Group: All

Local Currency : Phil Peso

Debit Credit Balance

A100000 - Current Assets

A110000 - Cash and Cash Equivalents

A111000 - Cash on Hand 6,531,480.56 6,538,925.14 -7,444.58

A112000 - Cash in Bank

A112100 - Cash in Bank - MBTC 7,246,416.00 1,369,558.40 5,876,857.60

A112200 - Cash in Bank – BDO 30,000,000.00 8,070,025.00 21,929,975.00

Total A112000 - Cash in Bank 37,246,416.00 9,439,583.40 27,806,832.60

Total A110000 - Cash and Cash Equivalents 43,777,896.56 15,978,508.54 27,799,388.02

A142000 - Prepaid Rent 720,000.00 720,000.00

A120000 - Trade and Other Receivables

A121000 - AR – Net Realizable Value

A121100 - Accounts Receivable 10,965,641.56 10,264,573.56 701,068.00

Total A121000 - AR – Net Realizable Value 10,965,641.56 10,264,573.56 701,068.00

Total A120000 - Trade and Other Receivables 10,965,641.56 10,264,573.56 701,068.00

Debit Credit Balance

A130000 - Inventory 765,010.00 745,054.17 19,955.83

A140000 - Other Current Assets

A141000 - Input Tax 188,836.23 36,108.00 152,728.23

Total A140000 - Other Current Assets 188,836.23 36,108.00 152,728.23

Total A100000 - Current Assets 56,417,384.35 27,024,244.27 29,393,140.08

A200000 - Noncurrent Assets

A220000 - Machinery – NBV

A221000 - Machinery 40,000.00 40,000.00

Total A220000 - Machinery – NBV 40,000.00 40,000.00

A230000 - Office Equipment – NBV

A231000 - Office Equipment 49,735,550.00 100,000.00 49,635,550.00

Total A230000 - Office Equipment – NBV 49,735,550.00 100,000.00 49,635,550.00

Total A200000 - Noncurrent Assets 49,775,550.00 100,000.00 49,675,550.00

Light Expense 6,750.00 6,750.00

Water Expense 4,400.00 4,400.00

Total Assets 106,204,084.35 27,124,244.27 79,079,840.08

L100000 - Accounts Payable 2,308,346.54 2,389,561.71 -81,215.17

Debit Credit Balance

L500000 - Accrued Expenses Payable 602,100.00 646,700.00 -44,600.00

L600000 - Output Tax 21,600.00 1,168,501.56 -1,146,901.56

Total Liabilities 2,932,046.54 4,204,763.27 -1,272,716.73

Capital and Reserves

C100000 - Aquino, Capital 25,000.00 77,094,000.00 -77,069,000.00

C200000 - Aquino, Drawing 1,275,025.00 1,275,025.00

Total Capital and Reserves 1,300,025.00 77,094,000.00 -75,793,975.00

R100000 - Sales and Service Revenue 220,277.00 9,784,540.00 -9,564,263.00

R200000 - Discount for Sales and Services 9,185.00 -9,185.00

Total Turnover 220,277.00 9,793,725.00 -9,573,448.00

CS100001 - Cost of Goods Sold-Item 197,829.17 197,829.17

Total Cost of Sales 197,829.17 197,829.17

O100000 - Salaries & Wages 5,393,000.00 41,000.00 5,352,000.00

O200000 - SSS Contribution Expense 190,000.00 190,000.00

O300000 - Philhealth Contribution Expense 128,000.00 3,000.00 125,000.00

Debit Credit Balance

O500000 - Supplies Expense 105,000.00 105,000.00

O600000 - Light Expense 378,000.00 378,000.00

O700000 - Water Expense 250,800.00 250,800.00

0800000 - Communication Expense 929,200.48 65,280.00 863,920.48

O900000 - Transportation Expense 91,000.00 91,000.00