PALAKIPAC'S POWDERED JUTE LTD.

STATEMENT OF FINANCIAL POSITION

FOR THE YEAR ENDED DECEMBER 31, 2017
ASSETS
Current Assets
Cash
Accounts Receivable
Finished Goods Inventory
Office Supplies
Prepaid Insurance
Prepaid Rent
Total Current Assets
Non-Current Assets
Machineries and Equipment, net
Furniture and Fixture, net
Leasehold Improvement, net
Total Non-current Assets
TOTAL ASSETS
LIABILITIES AND PARTNER'S EQUITY
Liabilities
Accounts Payable
SSS Payable
Philhealth Payable
Pag-ibig Payable
Vat Payable
Income Tax Payable
Total Liabilities
Total Partner's Equity
TOTAL LIABILITIES AND PARTNER'S EQUITY

904,402.70
181,785.71
40,618.16
34,000.00
150,000.00
50,000.00
1,360,806.57

197,944.82
54,950.00
1,335,013.85
1,587,908.67
2,948,715.24

32,055.00
4,046.80
662.50
500.00
43,628.57
5,346.71
86,239.58
2,862,475.66
2,948,715.24

PALAKIPAC'S POWDERED JUTE LTD.

STATEMENT OF FINANCIAL POSITION
FOR THE YEAR ENDED DECEMBER 31, 2018
ASSETS
Current Assets
Cash
Accounts Receivable
Finished Goods Inventory
Office Supplies
Prepaid Insurance
Prepaid Rent
Total Current Assets
Non-Current Assets
Machineries and Equipment, net
Furniture and Fixture, net
Leasehold Improvement, net
Total Non-current Assets
TOTAL ASSETS
LIABILITIES AND PARTNER'S EQUITY
Liabilities
Accounts Payable
SSS Payable
Philhealth Payable
Pag-ibig Payable
Vat Payable
Income Tax Payable
Total Liabilities
Total Partner's Equity
TOTAL LIABILITIES AND PARTNER'S EQUITY

831,356.88
180,089.29
47,183.15
34,000.00
150,000.00
50,000.00
1,292,629.32

183,068.64
49,700.00
1,279,388.27
1,512,156.91
2,804,786.23

30,435.00
4,046.80
662.50
500.00
43,221.43
4,071.25
82,936.98
2,721,849.25
2,804,786.23

PALAKIPAC'S POWDERED JUTE LTD.

STATEMENT OF FINANCIAL POSITION
FOR THE YEAR ENDED DECEMBER 31, 2019
ASSETS
Current Assets
Cash
Accounts Receivable
Finished Goods Inventory
Office Supplies
Prepaid Insurance
Prepaid Rent
Total Current Assets
Non-Current Assets
Machineries and Equipment, net
Furniture and Fixture, net
Leasehold Improvement, net
Total Non-current Assets
TOTAL ASSETS
LIABILITIES AND PARTNER'S EQUITY
Liabilities
Accounts Payable
SSS Payable
Philhealth Payable
Pag-ibig Payable
Vat Payable
Income Tax Payable
Total Liabilities
Total Partner's Equity
TOTAL LIABILITIES AND PARTNER'S EQUITY

956,280.61
201,339.29
48,257.82
34,000.00
150,000.00
50,000.00
1,439,877.72

168,192.46
44,450.00
1,223,762.69
1,436,405.15
2,876,282.87

33,975.00
4,046.80
662.50
500.00
48,321.43
53,603.76
141,109.49
2,735,173.38
2,876,282.87

PALAKIPAC'S POWDERED JUTE LTD.

STATEMENT OF FINANCIAL POSITION
FOR THE YEAR ENDED DECEMBER 31, 2020
ASSETS
Current Assets
Cash
Accounts Receivable
Finished Goods Inventory
Office Supplies
Prepaid Insurance
Prepaid Rent
Total Current Assets
Non-Current Assets
Machineries and Equipment, net
Furniture and Fixture, net
Leasehold Improvement, net
Total Non-current Assets
TOTAL ASSETS
LIABILITIES AND PARTNER'S EQUITY
Liabilities
Accounts Payable
SSS Payable
Philhealth Payable
Pag-ibig Payable
Vat Payable
Income Tax Payable
Total Liabilities
Total Partner's Equity
TOTAL LIABILITIES AND PARTNER'S EQUITY

1,105,860.11
218,750.00
49,820.47
34,000.00
150,000.00
50,000.00
1,608,430.58

153,316.28
39,200.00
1,168,137.11
1,360,653.39
2,969,083.97

36,900.00
4,046.80
662.50
500.00
52,500.00
86,790.39
181,399.69
2,787,684.28
2,969,083.97

PALAKIPAC'S POWDERED JUTE LTD.

STATEMENT OF FINANCIAL POSITION
FOR THE YEAR ENDED DECEMBER 31, 2021
ASSETS
Current Assets
Cash
Accounts Receivable
Finished Goods Inventory
Office Supplies
Prepaid Insurance
Prepaid Rent
Total Current Assets
Non-Current Assets
Machineries and Equipment, net
Furniture and Fixture, net
Leasehold Improvement, net
Total Non-current Assets
TOTAL ASSETS
LIABILITIES AND PARTNER'S EQUITY
Liabilities
Accounts Payable
SSS Payable
Philhealth Payable
Pag-ibig Payable
Vat Payable
Income Tax Payable
Total Liabilities
Total Partner's Equity
TOTAL LIABILITIES AND PARTNER'S EQUITY

1,394,713.36
238,214.29
51,452.83
34,000.00
150,000.00
50,000.00
1,918,380.48

138,440.10
33,950.00
1,112,137.11
1,284,527.21
3,202,907.69

42,170.00
4,046.80
662.50
500.00
57,174.23
138,200.96
242,754.49
2,960,153.20
3,202,907.69