PWD Gensan Multi-Purpose Cooperative CDA RN # 9520-12007422 SP Accreditation #425. Tin # 006-295-503 Ground Floor Oval Plaza Stage, General Santos City Telephone # 304-1435 Statement of Financial Condition As of December 31, 2010

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question
Required: • vertical analysis
Current Assets
Cash in Bank
Cash on Hand
Petty Cash Fund
Account Receivables
Total Curent Assets
Non-Current Assets
Machineries, Tools, & Equipment
Less: Accumulated Depreciation
Total Non-Current Assets
Total Assets
Current Liabilities
Account Payables
Loans Payables
Interest on share Capital
Patronage Refund
Total Curent Liabilities
PWD Gensan Multi-Purpose Cooperative
CDA RN # 9520-12007422
SP Accreditation # 425, Tin # 006-295-503
Ground Floor Oval Plaza Stage, General Santos City
Telephone # 304 - 1435
Member's Equity
Common Share Capital-Authorized
Share Capital 3,200 @ P100 par value.
Less:Issued Share Capital-Common
Issued Share Capital-Common
Subscribed Share Capital-Common
Less: Subscription Receivable-Common
Total Paid Share Capital- Authorized
Less: Treasury Share Capital- Common
Paid-Up Share Capital
Coop. Education & Training Fund
Optional Fund
Community Development Fund
Total Statutory Funds
Preferred Shares Capital-Authorized
Share Capital 200 Shares@P100 par value
Statutory Fund
General Reserve Fund
Total Equity
Statement of Financial Condition
As of December 31, 2010
(With Comparative Figures of 2009)
(All Amounts in Philippine Peso)
Total Liabilities & Member's Equity
ASSETS
LIABILITIES
EQUITY
2010
252,372.55
19,452.00
324,588.08
596,412.63
34,774.00
(11,591.34)
23,182.66
619,595.29
15,000.00
291,000.00
44.901.91
104,771.15
455,673.06
320,000.00
3,000.00
3,000.00
80,000.00
57,000.00
23,000.00
23,000.00
20,000.00
20,739.53
20,739.53
11,614,13
4,629.04
57,722.23
163.922.23
619,595.29
2009
864,000.00
78,861.00
942,861.00
-
942,861.00
234,278.34
529,413.20
15.663.17
36,547.38
815,902.09
320,000.00
3,000.00
3,000.00
80,000.00
570,000.00
23,000.00
23,000.00
20,000.00
P7,458.65
7,458.65
4,176.84
1,664.77
13.300.26
126,958.91
942,861.00
Transcribed Image Text:Current Assets Cash in Bank Cash on Hand Petty Cash Fund Account Receivables Total Curent Assets Non-Current Assets Machineries, Tools, & Equipment Less: Accumulated Depreciation Total Non-Current Assets Total Assets Current Liabilities Account Payables Loans Payables Interest on share Capital Patronage Refund Total Curent Liabilities PWD Gensan Multi-Purpose Cooperative CDA RN # 9520-12007422 SP Accreditation # 425, Tin # 006-295-503 Ground Floor Oval Plaza Stage, General Santos City Telephone # 304 - 1435 Member's Equity Common Share Capital-Authorized Share Capital 3,200 @ P100 par value. Less:Issued Share Capital-Common Issued Share Capital-Common Subscribed Share Capital-Common Less: Subscription Receivable-Common Total Paid Share Capital- Authorized Less: Treasury Share Capital- Common Paid-Up Share Capital Coop. Education & Training Fund Optional Fund Community Development Fund Total Statutory Funds Preferred Shares Capital-Authorized Share Capital 200 Shares@P100 par value Statutory Fund General Reserve Fund Total Equity Statement of Financial Condition As of December 31, 2010 (With Comparative Figures of 2009) (All Amounts in Philippine Peso) Total Liabilities & Member's Equity ASSETS LIABILITIES EQUITY 2010 252,372.55 19,452.00 324,588.08 596,412.63 34,774.00 (11,591.34) 23,182.66 619,595.29 15,000.00 291,000.00 44.901.91 104,771.15 455,673.06 320,000.00 3,000.00 3,000.00 80,000.00 57,000.00 23,000.00 23,000.00 20,000.00 20,739.53 20,739.53 11,614,13 4,629.04 57,722.23 163.922.23 619,595.29 2009 864,000.00 78,861.00 942,861.00 - 942,861.00 234,278.34 529,413.20 15.663.17 36,547.38 815,902.09 320,000.00 3,000.00 3,000.00 80,000.00 570,000.00 23,000.00 23,000.00 20,000.00 P7,458.65 7,458.65 4,176.84 1,664.77 13.300.26 126,958.91 942,861.00
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Horizontal Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education