COLLEGE OF ACCOUNTANCY STATEMENT OF ACTIVITIES FOR THE MONTH ENDED JULY 2011

REVENUES AND GAINS OTHER INCOME Trivia Income *5 TOTAL REVENUE EXPENSES Meals and Snacks *6 Supplies Expense *7 Computer Rentals and Printing *8 Photocopy Expense *9 Transportation Expense *10 OTHER EXPENSE Miscellaneous Expense *11 Trivia Expense-prizes TOTAL EXPENSE TOTAL DECREASE IN NET ASSETS

0.00

1668.00 P 1668.00

569.00 1500.00 180.00 83.00 30.00 P

2362.00

708.00 220.00 P

928.00 P 3290.00 P -1622.00

*See Notes to Financial Statements

COLLEGE OF ACCOUNTANCY STATEMENT OF CASH FLOWS FOR THE MONTH ENDED JULY 2011

Cash Flows from Operating Activities Decrease in Unrestricted Net Assets Decrease in Accounts Receivable Increase in Cash in Coop Net Cash Outflow from Operation Cash Flows from Investing Activities Cash Flows from Financing Activities Net Cash Outflow Add: Cash Balance, June 2011 Cash on Hand, July 2011

1622.00 21782.00 23000.00 P 2840.00 0.00 ____0 2840.00 7255.20 4415.20

COLLEGE OF ACCOUNTANCY STATEMENT OF FINANCIAL POSITION AS OF JULY 2011

ASSETS Cash on Hand Cash in Coop *1 Accounts Receivable *2 LCD Projector Digital Camera Speaker Printer Total Assets P 4415.20 36378.89 23064.00 37000.00 12686.00 6300.00 1690.00 P 121534.09

LIABILITIES AND NET ASSETS Liabilities Unrestricted Net Assets *3 Restricted Net Assets *4 Total Liabilities and Net Assets 0.00 P 50479.20 71054.89 P 121534.09

*See Notes to Financial Statements

Prepared by

Noted by:

Mary Grace B. Evangelista Student Council Accountant

Clarence E. Gamboa, CPA COA Council Adviser

Queen JosaM. Bautista Student Council Accountant Attested by:

Dexter N. Ramos Auditor

NOTES TO FINANCIAL STATEMENTS

Note 1 - Cash in Coop Beginning June Increase Ending July P 13378.89 23000.00 P 36378.89

NOTE 2 - Accounts Receivable Beginning June Add: Trivia Income- 417 students (2 weeks) 417x2x2 Less: Amount Collected-Membership Amount Collected- Trivia Total 224x100

P 44846.00 1668.00 22400.00 1050.00 23064.00 P

NOTE 3 - Unrestricted Net assets Cash on Hand P 4415.20 Cash in Coop 23000.00 Accounts Receivable 23064.00 Total P 50479.20 *Part of the Cash in Coop is Unrestricted. This amount was the one deposited by the present Council.

NOTE 4 - Restricted Net Assets Cash in Coop P 13378.89 LCD Projector 37000.00 Digital Camera 12686.00 Speaker 6300.00 Printer 1690.00 Total P 71054.89 *The Cash in Coop by the Previous Council remained unrestricted.

NOTE 5 - Trivia Income Year Level Students Amount 580.00 500.00 368.00

1st Year 2nd Year 3rd Year 4th Year BBTE Total
NOTE 6 - Meals and Snacks Snacks for the cheerdancers Snacks for the Sports fest players Total

145 P 125 92

46 184.00 9 36.00 417 P 1668.00

P P

271.00 298.00 569.00

NOTE 7 - Supplies Expense Ink for the Printer of the Council

P 1500.00

NOTE 8 - Computer Rentals and Printing 7/4/11 7/7/11 7/8/11 7/13/11 7/28/11 Total

BAHAGHARIP BAHAGHARI BAHAGHARI BAHAGHARI BAHAGHARI P

39.00 25.00 32.00 66.00 18.00 180.00

NOTE 9 - Photocopy Expense 7/4/11 7/7/11 7/18/11 7/29/11 Jerry-Vivian P Jerry-Vivian Jerry-Vivian Jerry-Vivian 28.00 12.00 25.00 18.00

Total

83.00

NOTE 10 - Transportation Expense 7/12/11 7/13/11 7/14/11 Total

10.00 10.00 10.00 30.00

NOTE 11- Miscellaneous Expense 1 pc of folder Materials CD Materials for the Contest Cookfest expenses

6.00 25.00 23.00 54.00 600.00 708.00