Required: • horizontal analysis

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Required: • horizontal analysis
Sales
Income from Production Operation
Freight-in & Handling
Other Income
Interest Income
Gross Income
Salaries & Wages
Officers Honorarium
Less:Operating Expenses/Administrative Costs
Offices Supplies
Training & Seminars
Travel & Transportation
Lubricants, Fuel & Oil
Rentals
Taxes & Licenses
Communication Expenses
Meeting & Conferences
Representation Expenses
Miscellaneous Expenses
Depreciation
PWD Gensan Multi-Purpose Cooperative
CDA RN # 9520-12007422
SP Accreditation # 425, Tin # 006-295-503
Ground Floor Oval Plaza Stage, Geneal Santos City
Telephone # 304-1435
Total operating Expenses
Net Surplus (For Allocation)
Statement of Financial Operation
For the year Ended December 31, 2010
(With Comparative Figures of 2009)
(All Amounts in Philippine Peso)
2010
209,488.66
36,923.00
246,411.66
12,140.00
1,000.00
3,000.00
5,725.00
100.00
3,344.00
2,116.00
11,591.34
39,016.34
207,395.32
2009
195,133.95
367,635.61
2,711.61
125,000.00
1,000.00
691,481.17
407,513.05
8,665.60
3,300.00
40,206.69
67,400.00
13.340.00
1,181.00
57,323.08
17,965.25
616,894.67
74,586.50
Transcribed Image Text:Sales Income from Production Operation Freight-in & Handling Other Income Interest Income Gross Income Salaries & Wages Officers Honorarium Less:Operating Expenses/Administrative Costs Offices Supplies Training & Seminars Travel & Transportation Lubricants, Fuel & Oil Rentals Taxes & Licenses Communication Expenses Meeting & Conferences Representation Expenses Miscellaneous Expenses Depreciation PWD Gensan Multi-Purpose Cooperative CDA RN # 9520-12007422 SP Accreditation # 425, Tin # 006-295-503 Ground Floor Oval Plaza Stage, Geneal Santos City Telephone # 304-1435 Total operating Expenses Net Surplus (For Allocation) Statement of Financial Operation For the year Ended December 31, 2010 (With Comparative Figures of 2009) (All Amounts in Philippine Peso) 2010 209,488.66 36,923.00 246,411.66 12,140.00 1,000.00 3,000.00 5,725.00 100.00 3,344.00 2,116.00 11,591.34 39,016.34 207,395.32 2009 195,133.95 367,635.61 2,711.61 125,000.00 1,000.00 691,481.17 407,513.05 8,665.60 3,300.00 40,206.69 67,400.00 13.340.00 1,181.00 57,323.08 17,965.25 616,894.67 74,586.50
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