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    2 views1 page

    MJ

    Uploaded by

    asd

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    © All Rights Reserved
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    of 1

    MFJO STORE

    BALANCE SHEET
    As of the year Ended December 31, 2023

    ASSETS
    2023 2022 2021
    CURRENT ASSETS
    Cash and Cash Equivalents ₱ 24,758,576.00 ₱ 14,768,780.73 ₱ 9,027,169.50
    Inventory ₱ 315,000.00 ₱ 280,000.00 ₱ 225,000.00
    Accounts Receivable ₱ 121,360.00 ₱ 80,512.00 ₱ 78,251.00
    Total Current Assets ₱ 25,194,936.00 ₱ 15,129,292.73 ₱ 9,330,420.50

    NON-CURRNT ASSETS
    Residential House and Lot ₱ 1,500,000.00 ₱ 1,500,000.00 ₱ 1,500,000.00
    -₱ 820,000.00 -₱ 800,000.00 -₱ 760,000.00
    ₱ 680,000.00 ₱ 700,000.00 ₱ 740,000.00

    Vehicles ₱ 2,600,000.00 ₱ 2,600,000.00 ₱ 2,600,000.00


    -₱ 2,600,000.00 -₱ 2,600,000.00 -₱ 2,600,000.00
    ₱ - ₱ - ₱ -

    Furnitures and Fixtures ₱ 500,000.00 ₱ 500,000.00 ₱ 500,000.00


    -₱ 500,000.00 -₱ 500,000.00 -₱ 500,000.00
    ₱ - ₱ - ₱ -

    Commercial Lot ₱ 11,500,000.00 ₱ 11,500,000.00 ₱ 11,500,000.00

    TOTAL ASSETS ₱ 37,374,936.00 ₱ 27,329,292.73 ₱ 21,570,420.50

    LIABILITIES AND EQUITY

    CURRENT LIABILITIES
    Accounts Payable Trade ₱ 52,300.00 ₱ 40,000.00 ₱ 25,000.00

    EQUITY

    Capital ₱ 27,289,292.73 ₱ 21,545,420.50 ₱ 16,751,443.86


    Net Income ₱ 10,333,343.27 ₱ 6,043,872.23 ₱ 5,093,976.63
    Less:Drawings -₱ 300,000.00 -₱ 300,000.00 -₱ 300,000.00
    ₱ 37,374,936.00 ₱ 27,329,292.73 ₱ 21,570,420.49

    TOTAL LIABILITES & EQUITY ₱ 37,374,936.00 ₱ 27,329,292.73 ₱ 21,570,420.49

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