SPUS Batch 2008

Income Statement
September 10, 2018

Sales
T Shirt 900.00
Party Ticket 3,550.00
T Shirt + Party Ticket Combo 29,000.00
Total Sales 33,450.00
Add: Donation - Cash Pledges
Alky Literato 3,001.28
Charmille Podadera 2,080.81
Rochelle Sumando 1,050.00
Bea Dolar 6,297.00
Francheska Ensomo 1,000.00
Marianne Hatague 500.00
John Ray Niduelan 3,000.00
Ronah Sartaguda 1,500.00
Mary Lovely Balondo 1,500.00
Jojo Paler 3,000.00
Michelle Romero 2,000.00
Total Donation - Cash Pledges 24,929.09
Less: Expenses
Tavern Hotel 29,515.00
Tarpaulin 1,000.00
Talent Fee - Host 2,500.00
Talent Fee - Photographer 3,000.00
Tip - Waiters 1,000.00
Tip - Decorators 500.00
Meeting Expenses 3,365.00
Total Expenses 40,880.00
Total Income 17,499.09
 SPUS Batch 2008
Balance Sheet
As of September 10, 2018

Assets
Cash on hand (1) 17,499.09
Cash in bank (2) 29,343.62
Accounts Receiable - Maraya (3) 500.00
Accounts Receivable - Quincy (4) 1,550.00
Total Assets 48,892.71
Liabilities and Equity
Accounts Payable - ? (6) 48,892.71
SPUS Batch 2008, Capital (7) -
Total Liabilities and Equity 48,892.71

Notes:

(1) Cash on hand of 17,499.09 is derived from the Total Income as per Income Statement dated September 10, 2018.
(2) Cash in bank, BPI Account (2016-2017).
(3) Payment for decorators' tip.
(4) Quincy's payment for the party.
(5) Accounts Payable is balancing figure.
(6) No capital has been established.
eptember 10, 2018.