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G3 Business Sense

Technological University of the Philippines Taguig Campus


Km. 14 East Service Road, South Super Highway, Western Bicutan, Taguig City

Electronics Engineering Department

In partial fulfilment of the course in


Entrepreneurship

Submitted to:
Engr. Rica Jane Y. Kosca

Submitted by:
John Erick L. Isoy
Sheila May C. Espenida
Carl Von Venice R. Llamas
Mary Jane L. Jamero
Renalyn L. Linatoc
Fernan David M. Isolero

January 2015

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I.

The Mission Statement


a. Company and Concept

b. The Product Service

c. Vision, Mission, Goals


Mission:
To be the benchmark in creative designs of innovative key chain and I.D
holder.
Vision:
To be an entrepinoy supplier delivering high quality state of the art
products.

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II. The Bussiness Management Team
a. The Organization

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Mr. John Erick Isoy


Executive Director

Fernan David Isolero

Renalyn Linatoc

Assistant Director

Assistant Director

Manufacturing

Marketing

Workers
Angelie Catingan
Gerome Dumbrige

Sales Persons
Vincent Saruda
Donnalyn Oliver

b. The Management Team

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Mr. Carl Von Venice


Executive Director

Sheila May Espenida


Assistant Director
Finance

Assistants
Shirleen De Ocampo
Angelo Reyes

Mary Jane Jamero


Assistant Director
Info and Communications

Workers
Alyssa Jane Par
Mervin Acosta

G3 Business Sense
The two Executive Directors are the head of G3 Partnership. They are the
major stock holder in company.
Assistant Director for Manufacturing is in charge with the manufacturing,
production and packaging of the products.
Assistant Director for Marketing is in charge with the marketing procedures
to be done, on what strategy will use to sell the products.
Assistant Director for Finance is in charge with the finance of the company.
All the in and out money flow will be supervised.
Assistant Director for Information and Communications is in charge with the
information dissemination inside and outside the company.
c. Management Compensation and Ownership

III. Production and Operational Plan


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A. Operating Cylce
A.1 Supplier
*DIY Beads
*Pot of Gems
*Chains and Beads
*Welmansson
*Crystals for U
A.2 Manpower and Schedule
*3 persons @ regular shift
*8:00 am to 12:00 pm / 3 days per week
*15 minutes break
A.3 Materials and Tools

A.4 Prize

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A.5 Pre-Production

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A.6 Procedures of Making Key Chain

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A. 7 Production Planning

* MOQ Minimum Order Quantity

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* MOQ Minimum Order Quantity

B. Geographical Location

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C. Regulatory and Legal Issue


1. Verify and reserve the company name with the
Securities and Exchange Commission (SEC)
Agency: Securities and Exchange Commission
The name search can be done electronically via the SEC's online
verification system, but applicants must pay for the reservation fee on
site at the SEC. Once the reserved name was approved by the SEC, it
costs PHP 40 for the first 30 days. The company name can be reserved
for a maximum of 90 days for a fee of PHP 120, which is renewable
upon expiration of the period.

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2. Deposit the paid-in minimum capital at the bank


Agency: Bank
According to Section 13 of the Corporation Code, the paid-in
minimum capital is 5000 pesos. Even though a certificate of
deposit is not a requirement by the Securities and Exchange
Commission (SEC) for company registration, this procedure
must be completed in order to abide by the applicable law.

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3. Notarize articles of incorporation and treasurer's
affidavit at the notary
Agency: Notary
According to Section 14 and 15 of the Corporation Code,
articles of incorporation should be notarized before filing with
the SEC.
4. Register the company with the SEC and receive preregistered Taxpayer Identification Number (TIN)
Agency: Securities and Exchange Commission
The company can register online through SEC i-Register, but
entrepreneurs must pay at the SEC. The following documents
are required for SEC registration:
a. Company name verification slip;
b. Articles of incorporation (notarized) and by-laws;
c. Treasurer's affidavit (notarized);
d. Statement of assets and liabilities;
e. Registration data sheet with particulars on directors,
officers, stockholders, and so forth;
f. Written undertaking to comply with SEC reporting
requirements (notarized);
g. Written undertaking to change corporate name
(notarized).
The pre-registered Taxpayer Identification Number (TIN) is
automatically obtained from the SEC Head Office upon
registration. However, the company must still register with
the Bureau of Internal Revenue (BIR) in order to identify
applicable tax types, pay an annual registration fee, obtain
and stamp sales invoices, receipts and the books of accounts.
Cost: (PHP 2,066.14 filing fee equivalent to 1/5 of 1% of the
authorized capital stock or the subscription price of the
subscribed capital stock, whichever is higher but not less than
PHP 1,000 + PHP 19.26 legal research fee (LRF) equivalent to
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1% of filing fee but not less than PHP 10 + PHP 500 By-laws
+ PHP 150 for registration of stock and transfer book (STB)
required for new corporations + PHP 320 STB + PHP 10 legal
research fee for the By-laws)
After the taxpayer obtains the TIN, the company must pay the annual
registration fee of PHP 500 at any duly accredited bank, using payment
form BIR Form 0605).
All newly formed corporations subject to SEC registration are issued
pre-generated TIN by SEC-Head Office, which is indicated on their SEC
Certificate of Registration. The corporation only has to register its pregenerated TIN with the BIR and report all internal revenue taxes that it
expects to be liable for.
The requirements for application for COR with the BIR are:
a. Duly accomplished and filled-out BIR Form No. 1903 (Application for
Registration for Corporations);
b. Payment Form (BIR Form No. 0605);
c. SEC Certification of Incorporation;
d. Articles of Incorporation and By-laws;
e. Contract of Lease (with BIR Form No. 2000 and supporting BIR
Payment Form as proof of payment of documentary stamp tax on the
lease agreement);
f. Documentary Stamp Tax Return (BIR Form No. 2000) on the original
issuance of shares and Payment Form (for the DST payment); and
g. Mayors Permit/Business Permit Application (duly stamped received
by the Business Licensing Division of the local government of Quezon
City).
5. Obtain barangay clearance
Agency: Barangay
To get the barangay clearance, the following documentary
requirements should be submitted to the Barangay: Application form,
SEC Certificate of Incorporation and approved articles of incorporation
and bylaws, location plan/site map and the contract of lease over the
corporation's office.

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This clearance is obtained from the Barangay where the business is
located. Barangay fees vary in each Barangay since they have the
discretion to impose their own fees and charges as long as these fees
are reasonable and within the limits set by the Local Government Code
and city ordinances. In Taguig City, the fees range from PHP 300 to
PHP 1000.
The clearance is obtained in one day, provided that the barangay
captain is in the office as the captain is the only official authorized to
sign.

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6. Pay the annual community tax and obtain the
community tax certificate (CTC) from the City
Treasurer's Office (CTO)
Agency: City Treasurer's Office

The company is assessed a basic and an additional community tax.


The basic community tax rate depends on whether the company legal
form is a corporation, partnership, or association (PHP 500 or lower).
The additional community tax (not to exceed PHP 10,000.00) depends
on the assessed value of real property the company owns in the
Philippines at the rate of PHP 2.00 for every PHP 5,000.00 and on its
gross receipts, including dividends or earnings, derived from business
activities in the Philippines during the preceding year, at the rate of
PHP 2.00 for every PHP 5,000.00

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7. Obtain the business permit to operate from the BPLO
Agency: Business Permits and Licensing Office

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8. Pay the registration fee and documentary stamp taxes (DST) at


the BIR
Agency: Bureau of Internal Revenue
The rate of documentary stamp tax on original issuance of
shares of stock shall be PHP 1.00 for every PHP 200.00 or fractional
part thereof, of the par value, of such shares of stock.
The documentary stamp tax return shall be filed and the tax paid on or
before the fifth (5th) day after the close of the month of approval of
SEC registration.
Cost: (PHP 500 registration fee + PHP 5,165.345 DST on original
issuance of shares of stock. DST on the lease contract is not included
in the computation of the cost)

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9. Obtain the authority to print receipts and invoices from the


BIR
Agency: Bureau of Internal Revenue
The authority to print receipts and invoices must be secured before
printing the sales receipts and invoices. The BIR issued Revenue
Regulations No. 18-2012 and it became effective on January 18,
2013. It adopted the online system for authority to print official
receipts, sales invoices and other commercial invoices. In this
regard, all unused or unissued receipts and invoices which were
printed prior to January 18, 2013 will be deemed valid only until
June 30, 2013.
To obtain the authority to print receipts and invoices from the BIR,
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the company must submit the following documents to the Revenue
District Office (RDO):
a. Duly completed application for authority to print receipts and
invoices (BIR Form No. 1906);
b. Job order;
c. Final and clear sample of receipts and invoices (machineprinted);
d. Application for registration (BIR Form No. 1903); and
e. Proof of payment of annual registration fee (BIR Form No. 0605).

10. Register with the Social Security System (SSS)


Agency: Social Security System

To register with the SSS, the company must submit the following
documents:
a. Employer registration form (Form R-1);
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b. Employment report (Form R-1A);
c. List of employees, specifying their birth dates, positions, monthly
salary and date of employment; and
d. Articles of incorporation, by-laws and SEC registration.
Upon submission of the required documents, the SSS employer and
employee numbers will be released. The employees may attend an
SSS training seminar after registration. SSS prefers that all members
go through such training so that each member is aware of their rights
and obligations.

11. Register with the Philippine Health Insurance Company


(PhilHealth)
Agency: Philippine Health Insurance Corporation

To register with PhilHealth, the company must submit the following


documents:
a. Employer data record (Form ER1);
b. Report of employee-members (Form ER2);
c. SEC registration;
d. BIR registration; and
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e. Copy of business permit.
Upon submission of the required documents, the company shall get
the receiving copy of all the forms as proof of membership until
PhilHealth releases the employer and employee numbers within
three months.

12. Register with Home Development Mutual Fund (Pag-ibig)


Agency: Home Development Mutual Fund

To register with the HDMF, the corporation must submit the


following documents:
a. Employer's Data Form (EDF [FPF040]);
b. Specimen Signature Form (SSF[FPF170]);
c. Copy of SEC Certificate of Incorporation;
d. Copy of Approved Articles of Incorporation and By-laws; and
e. Board Resolution or Secretarys Certificate indicating the duly
designated Authorized Representative.
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Upon submission of the complete documents and payment of the
first contribution to the fund, the Pag-IBIG will issue the HDMF
number and the HDMF Certificate of Registration.
13. Department of Labor and Employment (DOLE) for
businesses with five workers or more, register your business with
DOLE

IV. Marketing Plan


1. The Product Benefits and Message
A.1 What am I Selling ?
We are selling a mobile phone accessory, named G3, it has
a censored that will function when somebody texted you. We
come up to this product because we all know that the teen agers
now a day is getting to conscious when it comes to their mobile
phones. And this accessory will fulfill their wants.
2. The Customers Marketing Share and Sales
A. 1 Product Features
QUALITY our product is made from cheap materials
but good in quality. We assure that all the materials we
are using are not broken to have a good output product.
It is one of the most important thing that a costumer
and a seller looking for.
DESIGN our product has no particular design. We can
customize or they customize their own design if they
want to. As long as, raw materials are provided.

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A. 2 Price
We are selling our product in low price. It can afford by
anyone particularly students. It has a discount when
you buy a lot of it.
PRICE
50 pesos / piece
540 pesos/dozen

RETAIL
WHOLE SALE

10 php(beads) + 3 php(battery) + 19 php(sensor) + 3 php(nylon) = 35 +


15 php(profit) = 50 php
In whole selling, we are are giving a 10% discount per dozen
OVERHEAD EXPENSES

- P 500.00

DIRECT COST

- P 1,000.00

MARKED PERCENTAGE

- 25%

OVERHEAD PERCENTAGE- 20%


MARGIN PERCENTAGE- 20%

MARK-UP PRICING B
DC x (Mark % + O.A %)

Mark-up

P1,000.00 (0.25+0.20) = P 450.00


Mark-up + Total cost

Selling price

P 450.00 + P1, 500.00 = P 1,950.00

A.3 Place
We are planning to sell our product to the students
inside our campus, TUP-TAGUIG. We know that it will
become popular to our campus because it is a kind of
mobile phone accessory that will satisfy a students
wants.

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A. 4 Promotion
We are selling a customize censored accessory. G3
CENCORED will be represented in the design you want.
It can be a gift to anyone. Our product is not an
ordinary mobile phone accessory, it has a censored that
will function when somebody texted you.

3. Marketing Strategy and Tactics


4. Marketing Forecast (5Fs)
A.1 5F of Consumer Needs
FUNCTION OF PRODUCT
This accessory will fulfill their wants. Especially to the
teenager. Its has a censor material inside the accessory, it
will function when somebody texted you.
FINANCES
Even if we are using a cheap and affordable materials, we
can assure you a good quality of our product and your money
will be worth it because as an entrepreneur, money has a great
value for everyone. We will not allow the costumers to have
regrets on buying our product and to waste their money for a
low quality product.
FREEDOM
Everyone has a freedom to be an entrepreneur as long as
you have a capital, In selecting products, place, capital and
etc..
FEELING
As a seller we felt the happiness of being an entrepreneur.
Especially to the customer that highly appreciate and buys our
product and also the smile on their face when they saw our
products. We are willing to give our best for the product just to
make sure that our customers are satisfied and they have no
regrets for buying our product.
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FUTURE
If we continue on providing this product for our target
market, as our business goes by and grow. We could anticipate
that we would be able to become successful and provide
additional innovations for the need of the market. And we,
ourselves would also be satisfied by being happy, providing highquality products that would make us successful.

5. Marketing Budget

FORECASTED SALES
80

70

60

50
Column1
40

30

20

10

0
First quarter

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Second quarter

Third quarter

Forth quarter

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This table represents our sales in first to fourth quarter yearly. It
shows an increasing sales and we are hoping that it will goes by and
grow in the coming days, weeks , months or even years.
A. 1 TO WHOM AM I SELLING?
We will sell our product to the students inside our
campus or even to the faculty members. The type of business we
chose is not hard to sell because it is a new product that will
come up to our campus. But if we were giving a chance, we will
sell it to an ordinary person outside.
A. 2 HOW DO WE SELL IT?
We were using a direct selling to sell our product. It
will be easy for us to convince them to buy our product. We also
use social media cite, like facebook for it to see by others.

A.3 WHAT ARE THE DESIRED RESULTS?


We want to give our best for our customers
and give the best product that they want to give their
satisfaction. We are aiming for a higher income in the future and
to make our business larger and larger.
A.4 HOW WILL IT COST
SAMPLE MARKETING BUDGET WORKSHEET
Items
BROCHURES
POSTERS
BROADSHEET
PROMOTIONAL
ITEMS
TOTAL COST

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ST

QUARTER

P50.00
P100.00

P150.00

ND

QUARTER

P100.00
P180.00
50.00

P330.00

P100.00

TOTAL
EXPENSES
FOR 2014
1200.00
2500.00
1500.00
3000.00

P380

10550.00

RD

QUARTER

P100.00
P180.00

G3 Business Sense
SAMPLE SALES FORECAST WORKSHEET
ITEMS

Price
of
item(s
)/
Pcs.
P10.00

Cookies

Items
to be
sold:
1st
Quarte
r
40

Total
sales
for 1st
Quarte
r
P400.0
0

Items
to be
sold:
2nd
Quart
er
50

Total
sales
for 2nd
Quarte
r
P500.0
0

Items
to be
sold:
3rd
Quart
er
80

Total
sales

V.

Financial Statement

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Financial Statement
For the 1st Quarter 2014
1. Source of Stocks
2. INCOME SALES
Sales
Cost of Goods Sold
Gross Profit
Operating Expenses:
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50 Php * 450 (pcs.)


30 Php * 450 (pcs.)

22,500 Php
13,500 Php
3,000 Php

Total
sales
for 3nd
Quarte
r

Total
sales
for
2014

P800.0
0

P170
0

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A. Salaries Expense
B. Supplies Expense
1.
Bond Papers
2.
Photo Paper
3.
Thumb tacks/Paper
Pins
4.
Glue Sticks
C. Utilities Expense
1.
Variety of Beads
2.
Battery
3.
Nylon/ Crochets
Thread
4.
LED/ Sensor
5.
Long Nose Pliers
6.
Cutting Pliers
7.
Printer
D. Insurance Expense
E. Depreciation- Equipments
F. Miscellaneous Expense

300 Php * 4 Employees


300 Php

3,600 Php
300 Php

300 Php * 3 Months


10 Php/2 piece * 8 pairs
45 Php * 1 roll
28 Php/20 pcs. * 8 (packs)
75 Php * 4 (pcs.)
75 Php * 2 (pcs.)
5,000 Php (1 piece)
300 Php
60 Php
100 Php

900 Php
2400 Php
90 Php
673 Php
300 Php
150 Php
5,000 Php
300 Php
60 Php
100 Php
13,873 Php

Total Operating Expense:


Net Income 8,627 Php

3. BALANCE SHEET STATEMENT

Assets:
A. Cash
B. Accounts Receivable
C. Inventory
1. Beads
2. Threads
3. LED
4. Battery
5. Supplies
Total:
D. Stall
Total Assets:
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5,000 Php
800 Php

4,363 Php
1,000 Php
11,436 Php

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Liabilities:
A. Accounts Payable
B. Notes Payable
C. Accrued Taxes/ Permits
D. Unearned Revenue
Total Liabilities:
Stockholders Equity:
A. Common Stock
B. Retailed Earnings
Total Equity:

1,000 Php
500 Php
600 Php
500 Php
2,600 Php
22,500 Php
500 Php
8,836Php

4. CASH FLOW STATEMENT


Beginning Cash Balance
Cash Inflow
A. Cash Collections
B. Credit Collections
C. Investment Income
Total Cash Inflow:
Cash Outflow
A. Expenses
1. Transportation Expense
2. Advertisements Expense
3. Miscellaneous Expense
B. Equipment Purchase
Total Cash Outflow:
Ending Cash Balance

5,000 Php
22,500 Php
500 Php
500 Php
23,500 Php

900 Php
600 Php
400 Php
4,363 Php
6,263 Php
-1,263 Php

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Financial Statement
For the 2nd Quarter 2014
5. Source of Stocks
6. INCOME SALES
Sales
Cost of Goods Sold
Gross Profit
Operating Expenses:
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50 Php * 450 (pcs.)


30 Php * 450 (pcs.)

22,500 Php
13,500 Php
3,000 Php

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G. Salaries Expense
H. Supplies Expense
5.
Bond Papers
6.
Photo Paper
7.
Thumb tacks/Paper
Pins
8.
Glue Sticks
I. Utilities Expense
8.
Variety of Beads
9.
Battery
10.
Nylon/ Crochets
Thread
11.
LED/ Sensor
12.
Long Nose Pliers
13.
Cutting Pliers
14.
Printer
J. Insurance Expense
K. Depreciation- Equipments
L. Miscellaneous Expense

300 Php * 4 Employees


300 Php

3,600 Php
300 Php

300 Php * 3 Months


10 Php/2 piece * 8 pairs
45 Php * 1 roll
28 Php/20 pcs. * 8 (packs)
75 Php * 4 (pcs.)
75 Php * 2 (pcs.)
5,000 Php (1 piece)
300 Php
60 Php
100 Php

900 Php
2400 Php
90 Php
673 Php
300 Php
150 Php
5,000 Php
300 Php
60 Php
100 Php
13,873 Php

Total Operating Expense:


Net Income 8,627 Php

7. BALANCE SHEET STATEMENT

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Assets:
E. Cash
F. Accounts Receivable
G. Inventory
1. Beads
2. Threads
3. LED
4. Battery
5. Supplies
Total:
H. Stall
Total Assets:
Liabilities:
E. Accounts Payable
F. Notes Payable
G. Accrued Taxes/ Permits
H. Unearned Revenue
Total Liabilities:
Stockholders Equity:
C. Common Stock
D. Retailed Earnings
Total Equity:

5,000 Php
800 Php

4,363 Php
1,000 Php
11,436 Php
1,000 Php
500 Php
600 Php
500 Php
2,600 Php
22,500 Php
500 Php
8,836Php

8. CASH FLOW STATEMENT


Beginning Cash Balance
Cash Inflow
D. Cash Collections
E. Credit Collections
F. Investment Income
Total Cash Inflow:
Cash Outflow
C. Expenses
4. Transportation Expense
5. Advertisements Expense
6. Miscellaneous Expense
D. Equipment Purchase
Total Cash Outflow:
Ending Cash Balance

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5,000 Php
22,500 Php
500 Php
500 Php
23,500 Php

900 Php
600 Php
400 Php
4,363 Php
6,263 Php
-1,263 Php

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Financial Statement
For the 3rd Quarter 2014
9. Source of Stocks
10. INCOME SALES
Sales
50 Php * 450 (pcs.)
Cost of Goods Sold
30 Php * 450 (pcs.)
Gross Profit
Operating Expenses:
M. Salaries Expense
300 Php * 4 Employees
N. Supplies Expense
300 Php
9.
Bond Papers
10.
Photo Paper
11.
Thumb tacks/Paper
Pins
12.
Glue Sticks
300 Php * 3 Months
O. Utilities Expense
10 Php/2 piece * 8 pairs
15.
Variety of Beads
16.
Battery
45 Php * 1 roll
17.
Nylon/ Crochets
28 Php/20 pcs. * 8 (packs)
Thread
75 Php * 4 (pcs.)
18.
LED/ Sensor
75 Php * 2 (pcs.)
19.
Long Nose Pliers
5,000 Php (1 piece)
20.
Cutting Pliers
300 Php
21.
Printer
60 Php
P. Insurance Expense
100 Php
Q. Depreciation- Equipments
R. Miscellaneous Expense

22,500 Php
13,500 Php
3,000 Php
3,600 Php
300 Php

900 Php
2400 Php
90 Php
673 Php
300 Php
150 Php
5,000 Php
300 Php
60 Php
100 Php
13,873 Php

Total Operating Expense:


Net Income 8,627 Php

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11. BALANCE SHEET STATEMENT

Assets:
I. Cash
J. Accounts Receivable
K. Inventory
1. Beads
2. Threads
3. LED
4. Battery
5. Supplies
Total:
L. Stall
Total Assets:
Liabilities:
I. Accounts Payable
J. Notes Payable
K. Accrued Taxes/ Permits
L. Unearned Revenue
Total Liabilities:
Stockholders Equity:
E. Common Stock
F. Retailed Earnings
Total Equity:

5,000 Php
800 Php

4,363 Php
1,000 Php
11,436 Php
1,000 Php
500 Php
600 Php
500 Php
2,600 Php
22,500 Php
500 Php
8,836Php

12. CASH FLOW STATEMENT


Beginning Cash Balance
Cash Inflow
G. Cash Collections
H. Credit Collections
I. Investment Income
Total Cash Inflow:
Cash Outflow
E. Expenses
7. Transportation Expense
8. Advertisements Expense
9. Miscellaneous Expense
F. Equipment Purchase
Total Cash Outflow:
Ending Cash Balance
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5,000 Php
22,500 Php
500 Php
500 Php
23,500 Php

900 Php
600 Php
400 Php
4,363 Php
6,263 Php
-1,263 Php

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G3 Business Sense
Financial Statement
For the 4th Quarter 2014
13. Source of Stocks
14. INCOME SALES
Sales
50 Php * 450 (pcs.)
Cost of Goods Sold
30 Php * 450 (pcs.)
Gross Profit
Operating Expenses:
S. Salaries Expense
300 Php * 4 Employees
T. Supplies Expense
300 Php
13.
Bond Papers
14.
Photo Paper
15.
Thumb tacks/Paper
Pins
16.
Glue Sticks
300 Php * 3 Months
U. Utilities Expense
10 Php/2 piece * 8 pairs
22.
Variety of Beads
23.
Battery
45 Php * 1 roll
24.
Nylon/ Crochets
28 Php/20 pcs. * 8 (packs)
Thread
75 Php * 4 (pcs.)
25.
LED/ Sensor
75 Php * 2 (pcs.)
26.
Long Nose Pliers
5,000 Php (1 piece)
27.
Cutting Pliers
300 Php
28.
Printer
60 Php
V. Insurance Expense
100 Php
W. Depreciation- Equipments
X. Miscellaneous Expense

22,500 Php
13,500 Php
3,000 Php
3,600 Php
300 Php

900 Php
2400 Php
90 Php
673 Php
300 Php
150 Php
5,000 Php
300 Php
60 Php
100 Php
13,873 Php

Total Operating Expense:


Net Income 8,627 Php

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G3 Business Sense

15. BALANCE SHEET STATEMENT

Assets:
M. Cash
N. Accounts Receivable
O. Inventory
1. Beads
2. Threads
3. LED
4. Battery
5. Supplies
Total:
P. Stall
Total Assets:
Liabilities:
M. Accounts Payable
N. Notes Payable
O. Accrued Taxes/ Permits
P. Unearned Revenue
Total Liabilities:
Stockholders Equity:
G. Common Stock
H. Retailed Earnings
Total Equity:

5,000 Php
800 Php

4,363 Php
1,000 Php
11,436 Php
1,000 Php
500 Php
600 Php
500 Php
2,600 Php
22,500 Php
500 Php
8,836Php

16. CASH FLOW STATEMENT


Beginning Cash Balance
Cash Inflow
J. Cash Collections
K. Credit Collections
L. Investment Income
Total Cash Inflow:
Cash Outflow
G. Expenses
10. Transportation Expense
11. Advertisements Expense
12. Miscellaneous Expense
38 | P a g e

5,000 Php
22,500 Php
500 Php
500 Php
23,500 Php

900 Php
600 Php
400 Php

G3 Business Sense
H. Equipment Purchase
Total Cash Outflow:
Ending Cash Balance

4,363 Php
6,263 Php
-1,263 Php

VI. Summary and Conclusion

39 | P a g e

G3 Business Sense

40 | P a g e