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Chart of Accounts

GRACE CORPORATION ASSETS Cash in Bank Petty Cas Marketable Securities Accounts Receivable Allowance for Bad Debts Notes Receivable Merchandise Inventory Accrued Interest Receivable Prepaid Advertising Prepaid Insurance Unused Supplies Input Tax Land Building Accumulated Depreciation - Building Furniture and Fixture Accumulated Depreciation - Furniture and Fixture Transportation Equipment Accumulated Depreciation - Transportation Equipment Office Equipment Accumulated Depreciation - Office Equipment Organization Cost LIABILITIES Accounts Payable Notes Payable Notes Payable - Officer SSS Medicare Premium Payable Withholding Taxes Payable HDMF Premiums Payable Accrued Interest Payable Output Tax STOCKHOLDERS' EQUITY Capital Stock Issued Subscribed Capital Stock Subscription Receivable Premium on Capital Stock Retained Earnings INCOME

101 102 103 104 104-A 105 106 107 108 109 110 111 201 202 202-A 203 203-A 204 204-A 205 205-A 301

1001 1002 1003 1004 1005 1006 1007 1008

2001 2002 2003 2004 2005

Sales Sales Discount Sales Returns and Allowances Interest Income Purchase Discount EXPENSES Cost of Sales Salaries Expense Supplies Expense Taxes and Licenses SSS Premium Expense HDMF Premium Expense Gasoline Expense Light, Water and Telephone Depreciation Expense - Building Depreciation Expense - Furniture and Fixture Depreciation Expense - Transportation Equipment Depreciation Expense - Office Equipment Amortization of Organization Cost Bad Debts Expense Representation Expense Advertising Expense Insurance Expense Miscellaneous Expense Interest Expense

3001 3002 3003 3004 3005

4001 4002 4003 4004 4005 4006 4007 4008 4009 4010 4011 4012 4013 4014 4015 4016 4017 4018 4019

ACCOUNT DATE

Cash in Bank
ITEM F DEBIT DATE

2004 Nov. 30 Balance Dec. 30 Balance


ACCOUNT

P CR 12

1,000,000.00 10,018,100.00 4,709,230.00

Dec. 31

Petty Cash
ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance Balance


ACCOUNT

10,000.00 1,700.00

Dec. 31

Marketable Securities
ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance

9,500,000.00

ACCOUNT

Accounts Receivable
ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance Dec. 31

P SJ 12

15,316,000.00 2,786,445.00

Dec. 5 8 31 13

Balance
ACCOUNT

10,318,635.00

Allowance for Bad Debts


ITEM F DEBIT DATE

DATE

2004 Dec. 31

ACCOUNT

Notes Receivable
ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance

2,500,000.00

Dec. 8 Balance
ACCOUNT

GJ 11

470,000.00 2,970,000.00

Merchandise Inventory
ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance Dec. 8 Balance


ACCOUNT

P PB 1

799,971.00 5,464,203.00 4,402,787.00

2004 Dec. 30

Accrued Interest Receivable


ITEM F DEBIT DATE

DATE

2004 Dec. 31 Balance Balance


ACCOUNT

38,853.00 38,853.00

Prepaid Advertising
ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance Balance


ACCOUNT

600,000.00 50,000.00

2004 Dec. 31

Prepaid Insurance
ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance Balance


ACCOUNT

600,000.00 50,000.00

2004 Dec. 31

Unused Supplies
ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance

300,000.00

ACCOUNT

Input Tax
ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance Dec. 31 Balance

P PJ 12

1,010,000.00 546,422.00 1,556,422.00

ACCOUNT

Land
ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance

16,500,000.00

ACCOUNT

Building
ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance

53,000,000.00

ACCOUNT

Accumulated Depreciation - Building


ITEM F DEBIT DATE

DATE

2004 Dec. 31

ACCOUNT

Furniture and Fixture


ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance

3,550,000.00

ACCOUNT

Accumulated Depreciation - Furniture and Fixture


ITEM F DEBIT DATE

DATE

2004 Dec. 31

ACCOUNT

Transportation Equipment
ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance

6,000,000.00

ACCOUNT

Accumulated Depreciation - Transportation Equipment


ITEM F DEBIT DATE

DATE

2004 Dec. 31

ACCOUNT

Office Equipment
ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance

2,130,000.00

ACCOUNT

Accumulated Depreciation - Office Equipment


ITEM F DEBIT DATE

DATE

2004 Dec. 31

ACCOUNT

Organization Cost
ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance Balance

1,000,000.00 800,000.00

2004 Dec. 31

ACCOUNT NO. ITEM F

101
CREDIT

GJ 12

6,308,870.00

4,709,230.00

ACCOUNT NO.

102
CREDIT

ITEM

GJ 12

8,300.00

1,700.00

ACCOUNT NO.

103
CREDIT

ITEM

ACCOUNT NO.

104
CREDIT

ITEM

GJ 11 GJ 11 CR 12 GJ 11

20,000.00 470,000.00 7,272,335.00 21,475.00

ACCOUNT NO.

104-A
CREDIT

ITEM

GJ 11

497,811.00

ACCOUNT NO.

105
CREDIT

ITEM

ACCOUNT NO.

106
CREDIT

ITEM

GJ 13

1,861,387.00

ACCOUNT NO.

107
CREDIT

ITEM

ACCOUNT NO.

108
CREDIT

ITEM

GJ 12

550,000.00

ACCOUNT NO.

109
CREDIT

ITEM

GJ 12

550,000.00

ACCOUNT NO.

110
CREDIT

ITEM

ACCOUNT NO.

111
CREDIT

ITEM

ACCOUNT NO.

201
CREDIT

ITEM

ACCOUNT NO.

202
CREDIT

ITEM

ACCOUNT NO.

202-A
CREDIT

ITEM

GJ 14

650,000.00

ACCOUNT NO.

203
CREDIT

ITEM

ACCOUNT NO.

203-A
CREDIT

ITEM

GJ 14 Balance

355,000.00 355,000.00

ACCOUNT NO.

204
CREDIT

ITEM

ACCOUNT NO.

204-A
CREDIT

ITEM

GJ 12

1,200,000.00

ACCOUNT NO.

205
CREDIT

ITEM

ACCOUNT NO.

205-A
CREDIT

ITEM

GJ 12

426,000.00

ACCOUNT NO.

301
CREDIT

ITEM

GJ 12

200,000.00

ACCOUNT DATE

Accounts Payable
ITEM F DEBIT DATE

2004 Dec. 1 6 31

GJ 11 GJ 11 GJ 11

1,906,500.00 1,600,000.00 4,123,275.00

2004 Nov. 30 Dec. 31

ACCOUNT

Notes Payable
ITEM F DEBIT DATE

DATE

2004 Dec. 1 6

ACCOUNT

Notes Payable - Officer


ITEM F DEBIT DATE

DATE

2004 Nov. 30

ACCOUNT

SSS, Medicare Premiums Payable


ITEM F DEBIT DATE

DATE

2004 Dec. 31

CD 12

87,500.00

2004 Nov. 30 Dec. 31

ACCOUNT

Withholding Taxes Payable


ITEM F DEBIT DATE

DATE

2004 Dec. 31

CD 12

34,200.00

2004 Nov. 30 Dec. 31 31

ACCOUNT

HDMF Premiums Payable


ITEM F DEBIT DATE

DATE

2004 Nov. 30 Dec. 31 31

ACCOUNT

Accrued Interest Payable


ITEM F DEBIT DATE

DATE

2004 Dec. 31

ACCOUNT

Output Tax
ITEM F DEBIT DATE

DATE

2004 Nov. 30 Dec. 31

ACCOUNT NO. ITEM F

1001
CREDIT

Balance PJ 12 Balance

6,743,240.00 6,010,625.00 5,124,090.00

ACCOUNT NO.

1002
CREDIT

ITEM

GJ 11 GJ 11 Balance

1,906,500.00 1,600,000.00 3,506,500.00

ACCOUNT NO.

1003
CREDIT

ITEM

Balance

1,700,000.00

ACCOUNT NO.

1004
CREDIT

ITEM

Balance CD 12 CD 12 Balance

87,500.00 72,360.00 72,360.00 144,720.00

ACCOUNT NO.

1005
CREDIT

ITEM

Balance CD 12 CD 12 Balance

34,200.00 64,800.00 64,800.00 129,600.00

ACCOUNT NO.

1006
CREDIT

ITEM

Balance CD 12 CD 12 Balance

20,000.00 21,600.00 216,600.00 63,200.00

ACCOUNT NO.

1007
CREDIT

ITEM

GJ 12

66,565.00

ACCOUNT NO.

1008
CREDIT

ITEM

Balance SJ 12 Balance

2,200,000.00 270,332.00 2,470,332.00

ACCOUNT DATE

Capital Stock Issued


ITEM F DEBIT DATE

2004 Nov. 30

ACCOUNT

Subscribed Capital Stock


ITEM F DEBIT DATE

DATE

2004 Dec. 26

ACCOUNT

Subscription Receivable
ITEM F DEBIT DATE

DATE

2004 Dec. 26 Balance

GJ

5,350,000.00 2,625,000.00

2004 Dec. 31

ACCOUNT

Premium on Capital Stock


ITEM F DEBIT DATE

DATE

2004 Nov. 30 Dec. 26

ACCOUNT

Retained Earnings
ITEM F DEBIT DATE

DATE

2004 Nov. 30

ACCOUNT NO. ITEM F

2001
CREDIT

Balance

70,000,000.00

ACCOUNT NO.

2002
CREDIT

ITEM

GJ 11

5,000,000.00

ACCOUNT NO.

2003
CREDIT

ITEM

Balance

CR 12

2,625,000.00

ACCOUNT NO.

2004
CREDIT

ITEM

Balance GJ 11 Balance

5,000,000.00 250,000.00 5,250,000.00

ACCOUNT NO.

2005
CREDIT

ITEM

Balance

4,481,456.00

ACCOUNT DATE

Sales
ITEM F DEBIT DATE

2004 Nov. 30 Dec. 31

ACCOUNT

Sales Discount
ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance Dec. 31 Balance

P CR 12

800,000.00 66,435.00 866,435.00

ACCOUNT

Sales Returns and Allowances


ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance Dec. 5 13 Balance

P GJ 11 GJ 11

1,000,000.00 20,000.00 21,475.00 1,041,475.00

ACCOUNT

Interest Income
ITEM F DEBIT DATE

DATE

2004 Nov. 30 Dec. 26

ACCOUNT

Purchase Discount
ITEM F DEBIT DATE

DATE

2004 Dec. 31

ACCOUNT

Cost of Sales
ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance Dec. 31 Balance

P SJ 12

54,785,500.00 1,861,387.00 56,646,887.00

ACCOUNT

Salaries Expense
ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance Dec. 31 Balance

P CD 12 CD 12

21,682,480.00 1,238,760.00 1,101,600.00 24,022,840.00

ACCOUNT

Supplies Expense
ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance Dec. 31 Balance

P CD 12

1,406,862.00 5,000.00 1,411,862.00

ACCOUNT

Taxes and Licenses


ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance

910,000.00

ACCOUNT

SSS, Medicare Premiums Expense


ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance

1,270,500.00

ACCOUNT

HDMF Premiums Expense


ITEM F DEBIT DATE

DATE

2004

Nov. 30 Balance

1,100,000.00

ACCOUNT

Gasoline Expense
ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance Dec. 31 Balance


ACCOUNT

P GJ 12 CD 12

1,127,400.00 4,600.00 14,000.00 1,146,000.00

Light, Water and Telephone


ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance Dec. 31 Balance


ACCOUNT

P GJ 12 CD 12

1,208,450.00 1,300.00 13,250.00 1,223,000.00

Depreciation Expense - Building


ITEM F DEBIT DATE

DATE

2004 Dec. 31 Balance

GJ 14

650,000.00

ACCOUNT

Depreciation Expense - Furniture and Fixture


ITEM F DEBIT DATE

DATE

2004 Dec. 31 Balance

GJ 14

355,000.00

ACCOUNT

Depreciation Expense - Transportation Equipment


ITEM F DEBIT DATE

DATE

2004 Dec. 31 Balance

GJ 12

1,200,000.00

ACCOUNT

Depreciation Expense - Office Equipment


ITEM F DEBIT DATE

DATE

2004

Dec. 31 Balance

GJ 12

426,000.00

ACCOUNT

Amortization of Organization Cost


ITEM F DEBIT DATE

DATE

2004 Dec. 31 Balance

GJ 12

200,000.00

ACCOUNT

Bad Debts Expense


ITEM F DEBIT DATE

DATE

2004 Dec. 31 Balance

GJ 12

497,811.00

ACCOUNT

Representation Expense
ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance Dec. 31 Balance

P GJ 12

118,000.00 2,000.00 120,000.00

ACCOUNT

Advertising Expense
ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance Dec. 31 Balance


ACCOUNT

P GJ 12 CD 12

257,195.00 550,000.00 13,325.00 820,520.00

Insurance Expense
ITEM F DEBIT DATE

DATE

2004 Dec. 31

GJ 12

550,000.00

ACCOUNT

Miscellaneous Expense
ITEM F DEBIT DATE

DATE

2004

Nov. 30 Balance Dec. 31 Balance

P GJ 12

397,538.00 400.00 397,938.00

ACCOUNT

Interest Expense
ITEM F DEBIT DATE

DATE

2004 Nov. 30 Balance Dec. 31 Balance

P GJ 12

45,500.00 66,565.00 112,065.00

ACCOUNT NO. ITEM F

3001
CREDIT

Balance SJ 12 Balance

109,449,000.00 2,703,313.00 112,152,313.00

ACCOUNT NO.

3002
CREDIT

ITEM

ACCOUNT NO.

3003
CREDIT

ITEM

ACCOUNT NO.

3004
CREDIT

ITEM

Balance GJ 11 Balance

210,000.00 38,853.00 248,853.00

ACCOUNT NO.

3005
CREDIT

ITEM

CD 12 Balance

4,520.00 4,520.00

ACCOUNT NO.

4001
CREDIT

ITEM

ACCOUNT NO.

4002
CREDIT

ITEM

ACCOUNT NO.

4003
CREDIT

ITEM

ACCOUNT NO.

4004
CREDIT

ITEM

ACCOUNT NO.

4005
CREDIT

ITEM

ACCOUNT NO.

4006
CREDIT

ITEM

ACCOUNT NO.

4007
CREDIT

ITEM

ACCOUNT NO.

4008
CREDIT

ITEM

ACCOUNT NO.

4009
CREDIT

ITEM

ACCOUNT NO.

4010
CREDIT

ITEM

ACCOUNT NO.

4011
CREDIT

ITEM

ACCOUNT NO.

4012
CREDIT

ITEM

ACCOUNT NO.

4013
CREDIT

ITEM

ACCOUNT NO.

4014
CREDIT

ITEM

ACCOUNT NO.

4015
CREDIT

ITEM

ACCOUNT NO.

4016
CREDIT

ITEM

ACCOUNT NO.

4017
CREDIT

ITEM

ACCOUNT NO.

4018
CREDIT

ITEM

ACCOUNT NO.

4019
CREDIT

ITEM

GRACE CORPORATION Preliminary Trial Balance December 31, 2004 Cash in Bank Petty Cash Marketable Securities Accounts Receivable Allowance for Bad Debts Notes Receivable Merchandise Inventory Accrued Interest Receivable Prepaid Advertising Prepaid Insurance Unused Supplies Input Tax Land Building Accumulated Depreciation - Building Furniture and Fixture Accumulated Depreciation - Furniture and Fixture Transportation Equipment Accumulated Depreciation - Transportation Equipment Office Equipment Accumulated Depreciation - Office Equipment Organization Cost Accounts Payable Notes Payable Notes Payable - Officer SSS, Medicare Premiums Payable Withholding Taxes Payable HDMF Premiums Payable Accrued Interest Payable Output Tax Capital Stock Issued Subscribed Capital Stock Subscription Receivable Premium on Capital Stock Retained Earnings Sales Sales Discount Sales Returns and Allowances Interest Income Purchase Discount Cost of Sales Salaries Expense Supplies Expense Taxes and Licenses SSS, Medicare Premiums Expense HDMF Premiums Expense P 4,709,230.00 1,700.00 9,500,000.00 10,318,635.00 P 2,970,000.00 4,402,787.00 38,853.00 50,000.00 50,000.00 300,000.00 1,556,422.00 16,500,000.00 53,000,000.00 3,550,000.00 6,000,000.00 2,130,000.00 800,000.00

2,625,000.00

866,435.00 1,041,475.00

56,646,887.00 24,022,840.00 1,411,862.00 910,000.00 1,270,500.00 1,100,000.00

Gasoline Expense Light, Water and Telephone Depreciation Expense - Building Depreciation Expense - Furniture and Fixture Depreciation Expense - Transportation Equipment Depreciation Expense - Office Equipment Amortization of Organization Cost Bad Debts Expense Representation Expense Advertising Expense Insurance Expense Miscellaneous Expense Interest Expense

1,146,000.00 1,223,000.00 650,000.00 355,000.00 1,200,000.00 426,000.00 200,000.00 497,811.00 120,000.00 820,520.00 550,000.00 397,938.00 112,065.00 213,470,960.00

497,811.00

650,000.00 355,000.00 1,200,000.00 426,000.00 5,124,090.00 3,506,500.00 1,700,000.00 144,720.00 129,600.00 63,200.00 66,565.00 2,470,332.00 70,000,000.00 5,000,000.00 5,250,000.00 4,481,456.00 112,152,313.00

248,853.00 4,520.00

213,470,960.00

GRACE CORPORATION Trial Balance December 31, 2003 1,000,000.00 100,000.00 1,150,000.00 5,850,000.00 6,400,000.00 1,500,000.00 900,000.00 120,000.00 80,000.00 300,000.00 600,000.00 16,500,000.00 33,000,000.00 3,550,000.00 6,000,000.00 2,130,000.00 1,000,000.00 P 906,500.00 21,000,000.00 62,000.00 52,500.00 29,500.00 1,000,000.00 45,000,000.00 3,500,000.00 54,539,000.00 300,000.00 800,000.00 110,000.00 34,785,500.00 7,000,000.00 108,000.00 900,000.00 270,500.00 100,000.00 100,000.00 210,000.00 445,500.00 280,000.00 132,000.00 318,000.00 200,000.00 70,000.00 126,199,500.00 P 126,199,500.00

December 31, 2 P

Cash in Bank Petty Cash Marketable Securities Accounts Receivable Accounts Receivable - Others Notes Receivable Merchandise Inventory Prepaid Advertising Prepaid Insurance Unused Supplies Input Tax Land Building Furniture and Fixture Transportation Equipment Office Equipment Organization Cost Accounts Payable Notes Payable - Non Trade SSS, Medicare Premiums Payable Withholding Taxes Payable HDMF Premiums Payable Output Tax Capital Stock Issued Premium on Capital Stock Sales Sales Discount Sales Returns and Allowances Interest Income Cost of Sales Salaries Expense Supplies Expense Taxes and Licenses SSS, Medicare Premiums Expense HDMF Premiums Expense Gasoline Expense Light, Water and Telephone Interest Expense Bad Debts Expense Representation Expense Advertising Expense Insurance Expense Miscellaneous Expense

126,199,500.00

126,199,500.00

December 31, 2002 150,000.00 10,000.00 1,010,000.00 4,650,000.00 4,200,000.00 600,000.00 700,000.00 50,000.00 60,000.00 200,000.00 450,000.00 16,500,000.00 33,000,000.00 3,550,000.00 6,000,000.00 2,130,000.00 1,000,000.00 P 900,000.00 14,000,000.00 52,000.00 40,500.00 21,500.00 600,000.00 45,000,000.00 3,500,000.00 48,766,000.00 200,000.00 650,000.00 80,000.00 30,085,000.00 6,253,000.00 67,000.00 750,000.00 210,000.00 70,000.00 86,500.00 184,000.00 364,500.00 230,000.00 113,000.00 207,000.00 170,000.00 60,000.00 112,960,000.00 P 112,960,000.00

113,960,000.00

112,960,000.00

GENERAL JOURNAL
Date Particulars F 1001 1002 Debit 1,906,500.00

2004 Dec. 1 Accounts Payable Notes Payable Issuance of 90-day 24% note to Genius Paper Products. 5 Sales Returns and Allowances Accounts Receivable Issued credit memo to Solomon Enterprises for defective merchandise. 6 Accounts Payable Notes Payable Issuance of 150-day 27% note to Genius Paper Products. 8 Notes Receivable Accounts Receivable Received 60-day 24% note from Johann Morales. 13 Sales Returns and Allowances Accounts Receivable Issued credit memo to Benitez Merchandising for defective merchandise. 26 Subscription Receivable Subscribed Capital Stock Subscription for 50,000 shs by M. Paredes. 31 Depreciation Expense - Trabsportation Equipment Accum. Depr. - Transportation Equipment To record depreciation for the year.

3003 104

20,000.00

1001 1002

1,600,000.00

106 104

470,000.00

3003 104

21,475.00

2003 2002

5,250,000.00

4001 204-A

1,200,000.00

GENERAL JOURNAL
Particulars Date 2004 Dec. 31 Depreciation Expense - Office Equipment Accum. Depr. - Office Equipment To record depreciation for the year. F 4012 205-A Debit 426,000.00

Amortization of Organization Cost Organization Cost To amortize organization cost. Advertising Expense Prepaid Advertising To charge used portion. Insurance Expense Prepaid Insurance To charge expired portion. Bad Debts Expense Allowance for Bad Debts To take up bad debts. Representation Expense Gasoline Expense Light, Water and Telephone Miscellaneous Expense Petty Cash To record expenses paid from petty cash. Accrued Interest Receivable Interest Income To take up unrecorded interest income. Interest Expense Accrued Interest Payable To take up unrecorded interest expense. Cost of Sales Merchandise Inventory To record cost of sales for December, details follow.

4013 301

200,000.00

4016 108

550,000.00

4017 109

550,000.00

4014 104-A

497,811.00

4015 4007 4008 4018 102

2,000.00 4,600.00 1,300.00 400.00

107 3004

38,853.00

4019 1007

66,565.00

4001 106

1,861,387.00

Date 2004 Dec. 1 3 7 10 15 17 22 23

Sold To Eagle Contractors Dynasty Construction Sampolio Company Benitez Merchandising Ida Coronel Luli Samson Susan de Leon Building Blocks, Inc.

Invoice # 1251 1252 1253 1254 1255 1256 1257 1258 1259

Amount 154,545.00 2,714.00 36,364.00 639,427.00 86,659.00 54,409.00 127,955.00

27 Cora Tayag 29 Conteno, Antonio & Tantoco

1260 1261 1262 1263

117,041.00 181,205.00 461,068.00 1,861,387.00

GENERAL JOURNAL
Particulars Date 2004 Dec. 31 Depreciation Expense - Building Accum. Depr. - Building To record depreciation for the year. Depreciation Expense - Furniture and Fixture Accum. Depr. - Furniture and Fixture To record depreciation for the year. F 4009 202-A Debit 650,000.00

4010 203-A

355,000.00

Page 1

Credit

1,906,500.00

20,000.00

1,600,000.00

470,000.00

21,475.00

5,000,000.00 250,000.00

1,200,000.00

Page 2

Credit

426,000.00

200,000.00

550,000.00

550,000.00

497,811.00

8,300.00

38,853.00

66,565.00

1,861,387.00

Page 3 Amount 154,545.00 2,714.00 36,364.00 639,427.00 86,659.00 54,409.00 127,955.00

117,041.00 181,205.00 461,068.00 1,861,387.00

Credit

650,000.00

355,000.00

PAYROLL
For the period from December 16 to December 31, 2004

WE HEREBY ACKNOWLEDGE to have received from GRACE CORPORATION the sum specified for our services rendered. Name of Employee Eric Gaston Joan Gaston Amy Josef Sarah Tuason Other Employees* * in separate listing not presented here. ________________________
DATE OF PAYMENT

Total Regular Wage 40,000.00 21,000.00 25,000.00 24,160.00 991,440.00 1,101,600.00

SSS 2,736.00 1,000.00 1,000.00 1,000.00 51,624.00 57,360.00

Deductions Medicare 600.00 300.00 300.00 300.00 13,500.00 15,000.00

PAYROLL

PORATION the sum specified opposite our respective names as full compensation Deductions Tax Withheld 4,128.00 834.00 834.00 684.00 58,320.00 64,800.00 Signature of Employee

Pag-Ibig 660.00 500.00 500.00 500.00 19,440.00 21,600.00

Net Amount Paid 31,876.00 18,366.00 22,366.00 21,676.00 848,556.00 942,840.00

_______________

________________________
PAYMASTER

OF PAYMENT

CASH RECEIPTS BOOK


BANK DR.

DATE

RECEIVED FROM

EXPLANATION

OR#

2004 Dec. 1 Legarda Susan de Leon 5 Benitez Merch. 8 Johann Morales Solomon Ent. 11 Eagle Contractors 12 Ida Coronel 15 Luli Samson Velera Company 17 Sampollo Company Cora Tayag 18 Susan de Leon 20 Benitez Merch. 23 Building Blocks, Inc. Dynasty Construction 26 M. Paredes 27 Luli Samson SI SI SI SI SI SI SI SI SI SI SI SI 1121 1125 1135 1133 1149 1251 1152 1231 1070 1253 1100 1242 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 P P 224,500.00 1,038,800.00 362,600.00 500,000.00 490,000.00 241,888.00 528,000.00 845,000.00 410,000.00 56,874.00 757,500.00 681,000.00 980,000.00 187,200.00 4,625.00 2,625,000.00 85,113.00 10,018,100.00

SI 1254-1255 SI 1259 & 1260 SI SI 1252 1257 subs. For 50,000 shares

(101)

CASH RECEIPTS BOOK


SALES DISCOUNT DR. ACCOUNTS RECEIVABLE (CR.) AMOUNT CASH SALES CR. ACCT. NAME SUNDRY (CR.) F AMOUNT

P 21,200.00 7,400.00 10,000.00 4,937.00 1,161.00 20,000.00 1,737.00 P 66,435.00

224,500.00 1,060,000.00 370,000.00 500,000.00 500,000.00 246,825.00 528,000.00 845,000.00 410,000.00 58,035.00 757,500.00 681,000.00 1,000,000.00 P 4,625.00 Subs. Rec'ble 86,850.00 2003 P P 2,625,000.00 2,625,000.00 187,200.00

7,272,335.00

187,200.00

(3002)

(104)

CASH DISBURSEMENTS BOOK


DATE 2004 Dec. 2 Genius Paper Products 5 Sapphire Corp. 7 Bureau of Internal Revenue 9 Social Security System 10 Arboleda Co., Inc. Sapphire Corp. Arboleda Co., Inc. 12 Caltex Gas 14 Paymaster Downpayment, 2/10, n/45 Partial payment Remittance for November Remittance for November Partial payment Partial payment Full payment 25 liters gasoline Salaries 12.01-12.15 300 301 302 303 304 305 306 307 308 12345 12346 12347 12348 12349 12350 12351 12352 12353 P 300,000.00 972,750.00 34,200.00 87,500.00 175,000.00 114,900.00 1,554,500.00 14,000.00 1,080,000.00 PAID TO EXPLANATION CV# CHECK NO. BANK CR.

15 Genius Paper Products MERALCO 20 Arboleda Co., Inc. 21 Archer Supplies 26 Genius Paper Products Genius Paper Products Genius Paper Products Arboleda Co., Inc. 27 XYZ Ads 28 Sapphire Corp. 30 Paymaster

Partial payment Light bill Full payment plastic bags Partial payment Full payment Downpayment Full payment 100 pcs. Brochures Full payment Salaries 12.15-12.31

309 310 311 312 313 314 315 316 317 318 319

12354 12355 12356 12357 12358 12359 12360 12361 12362 12363 12364

625,000.00 13,250.00 83,300.00 5,000.00 32,500.00 125,315.00 25,000.00 25,490.00 13,325.00 85,000.00 942,840.00

6,308,870.00 (101)

SBURSEMENTS BOOK
PURCH. DISC. CR. ACCOUNTS PAYABLE AMOUNT SUNDRY DR. (CR.) ACCOUNT NAME F AMOUNT

300,000.00 972,750.00 Withholding Taxes Payable SSS Premiums Payable 1005 P 1004 34,200.00 87,500.00

175,000.00 114,900.00 1,554,500.00 Gasoline Expense Salaries Expense Withholding Taxes Payable SSS Premiums Payable HDMF Premiums Payable 4007 4002 1005 1004 1006 4008 4003 14,000.00 1,238,760.00 (64,800.00) (72,360.00) (21,600.00) 13,250.00 5,000.00

P 1,700.00

625,000.00 Light, Water and Telephone 85,000.00 Supplies Expense 32,500.00 127,875.00 25,000.00 25,750.00 Advertising Expense 4016 4002 1004 1005 1006 P 13,325.00 1,101,600.00 (72,360.00) (64,800.00) (21,600.00) 2,190,115.00 85,000.00 Salaries Expense SSS Premiums Payable Withholding Taxes Payable HDMF Premiums Payable

2,560.00 260.00

4,520.00 (3005)

4,123,275.00 (1001)

SALES BOOK
DEBIT DATE 2004 Dec. 1 Eagle Contractors 3 Dynasty Construction 7 Sampollo Company 10 Benitez Merchandising 2/10. n/30 2/10. n/30 2/10. n/30 2/10. n/30 1251 1252 1253 1254 1255 15 Ida Coronel 17 Luli Samson 22 Susan de Leon 23 Building Blocks, Inc. Building Blocks, Inc. 27 Cora Tayag 2/10. n/30 2/10. n/30 2/10. n/30 2/10. n/30 Cash 1256 1257 1258 1259 1260 1261 1262 29 Centeno, Antonio & Tantoco 2/10. n/30 1263 208,600.00 81,275.00 736,000.00 2,786,445.00 246,825.00 4,625.00 58,035.00 711,950.00 309,525.00 138,285.00 86,850.00 204,475.00 SOLD TO TERMS INV. NO. F ACCOUNTS RECEIVABLE

(104)

BOOK
DEBIT CASH SALES CREDIT SALES CREDIT OUTPUT TAX

224,386.00 4,205.00 52,759.00 647,227.00 281,386.00 125,714.00 78,955.00 185,886.00 75,805.00 111,395.00 68,914.00 101,268.00 189,636.00 73,886.00 669,091.00 187,200.00 2,703,313.00

22,439.00 420.00 5,276.00 64,723.00 28,139.00 12,571.00 7,895.00 18,589.00 6,891.00 10,127.00 18,964.00 7,389.00 66,909.00 270,332.00

(3001)

(1008)

PURCHASE BOOK
DATE PURCHASED FROM TERMS INV. NO. F ACCOUNTS PAYABLE CR.

2004 Dec. 1 Arboleda Co., Inc. 2 Genius Paper Products 3 6 7 9 10 12 15 16 18 20 21 22 23 24 26 27 28 29 Sapphire Corporation Genius Paper Products Arboleda Co., Inc. Arboleda Co., Inc. Genius Paper Products Sapphire Corporation Genius Paper Products Arboleda Co., Inc. Sapphire Corporation Genius Paper Products Arboleda Co., Inc. Genius Paper Products Sapphire Corporation Arboleda Co., Inc. Genius Paper Products Sapphire Corporation Genius Paper Products Arboleda Co., Inc.

2/10, n/30 P 300,000 down. bal. 2/10, n/45 2/10, n/30 27% - 150 day note n/30 n/30 2/10, n/45 n/30 n/30 2/10, n/45 n/30 2/10, n/45 n/30 1/10, n/30 n/15 1/10, n/20 P 2,500 down, bal. n/15 n/30 2/10, n/30 1/10, n/15

101 111 1082 127 107 112 130 1090 135 117 1095 140 120 145 1099 127 147 1100 151 130

413,750.00 1,425,000.00 459,600.00 1,600,000.00 34,200.00 87,500.00 1,250,000.00 14,000.00 13,250.00 85,000.00 85,000.00 127,875.00 5,000.00 130,000.00 12,250.00 25,750.00 45,000.00 13,325.00 165,000.00 19,125.00 6,010,625.00 (1001)

MERCHANDISE INVENTORY

DR. INPUT TAX DR.

376,136.00 1,295,455.00 417,818.00 1,454,545.00 31,091.00 79,545.00 1,136,364.00 12,727.00 12,045.00 77,273.00 77,273.00 116,250.00 4,545.00 118,182.00 11,136.00 23,409.00 40,909.00 12,114.00 150,000.00 17,386.00 5,464,203.00 (106)

37,614.00 129,545.00 41,782.00 145,455.00 3,109.00 7,955.00 113,636.00 1,273.00 1,205.00 7,727.00 7,727.00 11,625.00 455.00 11,818.00 1,114.00 2,341.00 4,091.00 1,211.00 15,000.00 1,739.00 546,422.00 (111)

0.0909 0.0909 0.0909 0.0909 0.0909 0.0909 0.0909 0.0909 0.0909 0.0909 0.0909 0.0909 0.0909 0.0909 0.0909 0.0909 0.0909 0.0909 0.0909 0.0909 0.0909 0.0909

37,614 129,545 41,782 145,455 3,109 7,955 113,636 1,273 1,205 7,727 7,727 11,625 455 11,818 1,114 2,341 4,091 1,211 15,000 1,739 546,420

PETTY CASH BOOK


PETTY CASH FUND DATE PAYEE EXPLANATION PCV. NO. RECEIPTS PAYMENTS REPRESENTATION LIGHT, WATER & TELEPHONE

DISTRIBUTION O

2004 Dec. 1 Balance 8 Luigi's Deli 10 Mobilshel Gasoline Station 15 PLDT 18 Co. Messenger 20 MWSS 21 Bureau of Posts 29 Mobilshel Gasoline Station Gasoline 0806 10,000.00 2,550.00 8,300.00 2,000.00 1,600.00 Gasoline Telephone Bill Taxi Fare Water Bill Stamps 0801 0802 0803 0804 0805 2,050.00 800.00 250.00 500.00 150.00 800.00 800.00 Refreshment 0800 10,000.00 2,000.00 2,000.00

DISTRIBUTION OF PAYMENTS GASOLINE SUNDRIES ACCOUNTS AMOUNT

2,050.00 Transpostation Expense Supplies - Office 2,550.00 4,600.00 250.00 150.00 5,000.00 5,400.00

ACCOUNTS RECEIVABLE SUBSIDIARY LEDGERS


NAME: ADDRESS: DATE

Rex Enterprises 33 Teresa St., Metro Manila


PARTICULARS DEBIT

2004 Sept. 15

1,700,000.00

NAME: ADDRESS: DATE

Louie Tan 40 Bambang St., Metro Manila


PARTICULARS DEBIT

2004 Nov. 30

1,284,000.00

NAME: ADDRESS: DATE

Eagle Contractors 11 Forbes St., Makati


PARTICULARS DEBIT

2004 Nov. 20 Dec. 1 SI 1251 11 OR 106

300,000.00 246,825.00

NAME: ADDRESS: DATE

Valera Company 705 Aurora Bldg., Cubao, Quezon City


PARTICULARS DEBIT

2004 Nov. 18 SI 1070

410,000.00

Dec. 15 OR 109

NAME: ADDRESS: DATE

Ida Coronel 63 Manotoc St., Quezon City


PARTICULARS DEBIT

2004 Nov. 30 SI 1152 Dec. 15 SI 1256 12 OR 107

528,000.00 138,285.00

NAME: ADDRESS: DATE

Alberto & Associates, CPAs 128 Pebble Road, Mandaluyong, MM


PARTICULARS DEBIT

2004 Sept. 15

150,000.00

NAME: ADDRESS: DATE

Legarda Company 23 Hidalgo, Binondo, Manila


PARTICULARS DEBIT

2004 Nov. 19 SI 1121 Dec. 1 OR 101

224,500.00

NAME: ADDRESS:

Cora Tayag 1642 Reyes Avenue, Manila

DATE

PARTICULARS

DEBIT

2004 Nov. 27 SI 1100 Dec. 17 OR 111 27 SI 1161-1162

757,500.00 289,875.00

NAME: ADDRESS: DATE

Dynasty Construction 36 Rizal Avenue, Sta. Cruz, Manila


PARTICULARS DEBIT

2004 Nov. 8 Dec. 3 SI 1252 23 OR 115

50,000.00 4,625.00

NAME: ADDRESS: DATE

Anna Reyes - employee 16 Legarda St., Manila


PARTICULARS DEBIT

2004 Nov. 20 Dec. 1 SI 1251 11 OR 106

300,000.00 246,825.00

NAME: ADDRESS: DATE

Gwendo Reyes 85 Cantada St., Diliman, Quezon City


PARTICULARS DEBIT

2004 Oct. 30 Nov. 5 OR 86

300,000.00

NAME: ADDRESS: DATE

Benitez Merchandising 582 Kamagong St., Makati City


PARTICULARS DEBIT

2004 Nov. 28 Dec. 5 10 13

SI 1135 OR 103 SI 1254 - 1255 Sales returns & allowances OR 113

370,000.00 1,021,775.00

NAME: ADDRESS: DATE

Lighthouse Commercial 785 Ayala Avenue, Makati City


PARTICULARS DEBIT

2004 Mar. 21 Apr. 19

100,000.00 86,500.00

NAME: ADDRESS: DATE

Building Blocks, Inc. 220 Ortigas St., Mandaluyong


PARTICULARS DEBIT

2004 Nov. 19 Dec. 23 SI 1259 SI 1260 23 OR 114

575,000.00 75,805.00 111,395.00

NAME: ADDRESS: DATE

Solomon Enterprises 326 Quirino Avenue, Baclaran


PARTICULARS DEBIT

2004 Nov. 30 SI 1149 Dec. 5 Sales returns & allowances

520,000.00

8 OR 105

NAME: ADDRESS: DATE

Carlo Santos 25 Lumot St., Tondo, Manila


PARTICULARS DEBIT

2004 June 3

264,000.00

NAME: ADDRESS: DATE

Chad Acosta 85 Laong-Laan St., Metro Manila


PARTICULARS DEBIT

2004 Nov. 25 SI 1242 Dec. 18 OR 112

681,000.00

NAME: ADDRESS: DATE

J. R. Alano 162 Laong-Laan St., Metro Manila


PARTICULARS DEBIT

2004 Oct. 5

1,600,000.00

NAME: ADDRESS:

Susan de Leon 482 Rizal Avenue, Metro Manila

DATE

PARTICULARS

DEBIT

2004 Nov. 27 SI 1125 Dec. 1 OR 102 22 SI 1258

1,060,000.00 204,475.00

NAME: ADDRESS: DATE

Roces Adriano & Salas, CPAs Rm. 307 ABC Bldg., Ayala Avenue, Makati City
PARTICULARS DEBIT

2004 Nov. 20

1,700,000.00

NAME: ADDRESS: DATE

R.V. Castro & Co. 1856 Ayala Avenue, Makati City


PARTICULARS DEBIT

2004 Sept. 20 Nov. 30

1,000,000.00 224,500.00

NAME: ADDRESS: DATE

Johann Morales 2000 C.M. Recto Avenue, Manila


PARTICULARS DEBIT

2004 Nov. 29 SI 1133 Dec. 8 OR converted to 60-day 12% note

970,000.00

NAME: ADDRESS: DATE

Centeno, Antonio & Tantoco, CPA 296 Frisco St., Novaliches


PARTICULARS DEBIT

2004 Dec 29 SI 1263

736,000.00

NAME: ADDRESS: DATE

Luli Samson 852 Buendia Avenue, Makati City


PARTICULARS DEBIT

2004 Nov. 29 Dec. 15 20 27

SI 1231 OR 108 SI 1257 OR 117

845,000.00 868,500.00

NAME: ADDRESS: DATE

J. R. Alano Trading 555 Ilocos St., Metro Manila


PARTICULARS DEBIT

2004 Nov. 8 Dec. 7 SI 1253 OR 110

150,000.00 580,350.00

DIARY LEDGERS
ACCOUNT NO.:

101

CREDIT

BALANCE

1,700,000.00

ACCOUNT NO.:

102

CREDIT

BALANCE

1,284,000.00

ACCOUNT NO.:

103

CREDIT

BALANCE

246,825.00

300,000.00 546,825.00 300,000.00

ACCOUNT NO.:

104

CREDIT

BALANCE

410,000.00

410,000.00

ACCOUNT NO.:

105

CREDIT

BALANCE

528,000.00

528,000.00 666,285.00 138,285.00

ACCOUNT NO.:

106

CREDIT

BALANCE

150,000.00

ACCOUNT NO.:

107

CREDIT

BALANCE

224,500.00 224,500.00

ACCOUNT NO.:

108

CREDIT

BALANCE

757,500.00 757,500.00 289,875.00

ACCOUNT NO.:

109

CREDIT

BALANCE

4,625.00

50,000.00 54,625.00 50,000.00

ACCOUNT NO.:

111

CREDIT

BALANCE

246,825.00

300,000.00 546,825.00 300,000.00

ACCOUNT NO.:

112

CREDIT

BALANCE

300,000.00 350,000.00 (50,000.00)

ACCOUNT NO.:

113

CREDIT

BALANCE

370,000.00 370,000.00 21,475.00 1,000,000.00 1,021,475.00 1,000,000.00 --

ACCOUNT NO.:

114

CREDIT

BALANCE

100,000.00 186,500.00

ACCOUNT NO.:

115

CREDIT

BALANCE

187,200.00

675,000.00 650,805.00 762,200.00 575,000.00

ACCOUNT NO.:

117

CREDIT

BALANCE

20,000.00

520,000.00 500,000.00

500,000.00

--

ACCOUNT NO.:

118

CREDIT

BALANCE

264,000.00

ACCOUNT NO.:

119

CREDIT

BALANCE

681,000.00 681,000.00

ACCOUNT NO.:

120

CREDIT

BALANCE

1,600,000.00

ACCOUNT NO.:

121

CREDIT

BALANCE

1,060,000.00 1,060,000.00 204,475.00

ACCOUNT NO.:

123

CREDIT

BALANCE

1,700,000.00

ACCOUNT NO.:

124

CREDIT

BALANCE

1,000,000.00 1,224,500.00

ACCOUNT NO.:

125

CREDIT

BALANCE

500,000.00 470,000.00

970,000.00 470,000.00 --

ACCOUNT NO.:

126

CREDIT

BALANCE

736,000.00

ACCOUNT NO.:

127

CREDIT

BALANCE

845,000.00 845,000.00 868,500.00 868,500.00

ACCOUNT NO.:

128

CREDIT

BALANCE

580,350.00

150,000.00 208,350.00 150,000.00

ACCOUNTS PAYABLE SUBSIDIARY LEDGERS


NAME: ADDRESS: DATE

Arboleda Co., Inc. 456 Quezon Boulevard Extension, Quezon City


PARTICULARS DEBIT

2004 Nov. 30 Balance Dec. 1 PI 101 CV 304 CV 306 PI 117 CV 311 PI 127 CV 316 PI 130
NAME: ADDRESS: DATE

175,000.00 155,450.00 85,000.00 25,750.00

Sapphire Corporation 85 Quarry Avenue, Para aque City


PARTICULARS DEBIT

2004 Nov. 30 Dec. 3 5 10 18 23 28


NAME: ADDRESS: DATE

Balance PI 1082 CV 301 CV 305 PI 1095 PI 1099 CV 318 Genius Paper Products 951 Del Sol Avenue, Pasay City
PARTICULARS

972,750.00 114,900.00

85,000.00

DEBIT

2004 Nov. 30 Dec. 1 2 2 6 6 10 15 20 22 26

Balance converted to 90-day 24% note PI 111 CV 300 PI 127 converted to 27% 150-day note PI 130 CV 309 PI 140 PI 145 PI 147

1,906,500.00 300,000.00 1,600,000.00 625,000.00

26 26 26 28

CV 313 CV 314 CV 315 PI 151

32,500.00 127,875.00 25,000.00

IARY LEDGERS
ACCOUNT NO.:

1001

CREDIT

BALANCE

413,750.00

85,000.00 25,750.00 19,125.00


ACCOUNT NO.:

1,554,500.00 1,968,250.00 1,793,250.00 1,637,800.00 1,722,800.00 1,637,800.00 1,663,550.00 1,637,800.00 1,656,925.00 1002

CREDIT

BALANCE

459,600.00

85,000.00 12,250.00

2,100,470.00 2,560,070.00 1,587,320.00 1,472,420.00 1,557,420.00 1,569,670.00 1,484,670.00 1003

ACCOUNT NO.:

CREDIT

BALANCE

1,425,000.00 1,600,000.00 1,200,000.00 127,870.00 130,000.00 45,000.00

1,906,500.00 -1,425,000.00 1,125,000.00 2,725,000.00 1,125,000.00 2,325,000.00 1,700,000.00 1,827,870.00 1,957,870.00 2,002,870.00

165,000.00

1,970,370.00 1,842,495.00 1,817,495.00 1,982,495.00

STOCK CARD
ITEM DESCRIPTION

Pencil Mongol Plain


REFERENCE

DATE PURCHASE INV. SALES INV.

RECEIVED

2004 Nov. 30 Balance Dec. 1 PI 101 4 12 26 30 31

5,000.00 SI SI SI SI SI 1251 1254 1259 1261 1265

STOCK CARD
ITEM DESCRIPTION

Pencil Steadler charcoal


REFERENCE

DATE PURCHASE INV. SALES INV.

RECEIVED

2004 Nov. 30 Dec. 3 PI 1082 4 12 26 30 31

5,000.00 SI SI SI SI SI 1251 1254 1259 1261 1265

STOCK CARD
ITEM DESCRIPTION

Ballpen BIC-Red
REFERENCE

DATE PURCHASE INV. SALES INV.

RECEIVED

2004 Nov. 30 Balance Dec. 1 PI 101 4

7,500.00 SI 1251

12 26 30 31

SI SI SI SI

1254 1259 1262 1263

STOCK CARD
ITEM DESCRIPTION

Ballpen BIC-Blue
REFERENCE

DATE PURCHASE INV. SALES INV.

RECEIVED

2004 Nov. 30 Balance Dec. 4 12 16 PI 117 26 30 31

SI 1251 SI 1255 10,000.00 SI 1259 SI 1262 SI 1263

STOCK CARD
ITEM DESCRIPTION

Ballpen BIC-Black
REFERENCE

DATE PURCHASE INV. SALES INV.

RECEIVED

2004 Nov. 30 Balance Dec. 4 12 18 PI 1095 26 30 31

SI 1251 SI 1254 10,000.00 SI 1259 SI 1262 SI 1263

STOCK CARD
ITEM DESCRIPTION

Fountain Pen Pilot


REFERENCE

DATE

RECEIVED

DATE PURCHASE INV. SALES INV.

RECEIVED

2004 Nov. 30 Balance Dec. 7 17 24 PI 127 26

SI 1253 SI 1256 250.00 SI 1259

STOCK CARD
ITEM DESCRIPTION

Worksheet Vernal - 16 columns


REFERENCE

DATE PURCHASE INV. SALES INV.

RECEIVED

2004 Nov. 30 Balance Dec. 2 PI 117 12 17 30 31

15,000.00 SI SI SI SI 1254 1256 1261 1263

STOCK CARD
ITEM DESCRIPTION

Worksheet Vernal - 14 columns


REFERENCE

DATE PURCHASE INV. SALES INV.

RECEIVED

2004 Nov. 30 Balance Dec. 2 PI 111 12 17 30 31

13,500.00 SI SI SI SI 1254 1256 1261 1263

STOCK CARD
ITEM DESCRIPTION

Worksheet Vernal - 12 columns


REFERENCE

DATE PURCHASE INV. SALES INV.

RECEIVED

2004 Nov. 30 Balance Dec. 6 PI 127 10 12 17 30 31

17,000.00 SI SI SI SI SI 1253 1254 1256 1261 1263

STOCK CARD
ITEM DESCRIPTION

Worksheet Vernal - 10 columns


REFERENCE

DATE PURCHASE INV. SALES INV.

RECEIVED

2004 Nov. 30 Balance Dec. 6 PI 127 10 12 17 30 31

15,000.00 SI SI SI SI SI 1253 1254 1256 1261 1263

STOCK CARD
ITEM DESCRIPTION

Pad Paper Old Mill - intermediate


REFERENCE

DATE PURCHASE INV. SALES INV.

RECEIVED

2004 Nov. 30 Balance Dec. 10 PI 130 12 19 23

7,500.00 SI 1255 SI 1257 SI 1258

30

SI 1261

STOCK CARD
ITEM DESCRIPTION

Pad Paper Old Mill - yellow


REFERENCE

DATE PURCHASE INV. SALES INV.

RECEIVED

2004 Nov. 30 Balance Dec. 10 PI 130 12 19 23 30 31

8,500.00 SI SI SI SI SI 1254 1257 1258 1261 1263

STOCK CARD
ITEM DESCRIPTION

Bond Paper Whitey


REFERENCE

DATE PURCHASE INV. SALES INV.

RECEIVED

2004 Nov. 30 Balance Dec. 4 10 PI 130 12 17 26 31

SI 1251 4,250.00 SI SI SI SI SI 1253 1254 1257 1260 1263

STOCK CARD
ITEM DESCRIPTION

Onion Skin Milky


REFERENCE

DATE PURCHASE INV. SALES INV.

RECEIVED

2004 Nov. 30 Balance Dec. 4 8 10 PI 130 12 19 26

SI 1251 SI 1253 3,000.00 SI 1254 SI 1257 SI 1260

STOCK CARD
ITEM DESCRIPTION

Cartolina

REFERENCE DATE PURCHASE INV. SALES INV. RECEIVED

2004 Nov. 30 Balance Dec. 12 17 20 PI 130 23 30

SI 1254 SI 1256 2,250.00 SI 1258 SI 1261

STOCK CARD
ITEM DESCRIPTION

Plastic Cover

REFERENCE DATE PURCHASE INV. SALES INV. RECEIVED

2004 Nov. 30 Balance Dec. 9 PI 112 12 23

5000 SI 1254 SI 1258

STOCK CARD

ITEM DESCRIPTION

Art Paper

REFERENCE DATE PURCHASE INV. SALES INV. RECEIVED

2004 Nov. 30 Balance Dec. 12 20 PI 140 23

SI 1254 750.00 SI 1258

STOCK CARD
ITEM DESCRIPTION

Ink Quink
REFERENCE

DATE PURCHASE INV. SALES INV.

RECEIVED

2004 Nov. 30 Balance Dec. 7 PI 107 10 12 26

600.00 SI 1253 SI 1255 SI 1260

STOCK CARD
ITEM DESCRIPTION

Folder Regular
REFERENCE

DATE PURCHASE INV. SALES INV.

RECEIVED

2004 Nov. 30 Balance Dec. 7 12 15 PI 135 23 26

SI 1252 SI 1254 2,500.00 SI 1258 SI 1259

STOCK CARD
ITEM DESCRIPTION

Folder Long
REFERENCE

DATE PURCHASE INV. SALES INV.

RECEIVED

2004 Nov. 30 Balance Dec. 12 15 PI 135 23 26

SI 1254 2,000.00 SI 1258 SI 1259

STOCK CARD
ITEM DESCRIPTION

Paper Clips Silver


REFERENCE

DATE PURCHASE INV. SALES INV.

RECEIVED

2004 Nov. 30 Balance Dec. 4 12 17 23 PI 1099 26 30

SI 1251 SI 1255 SI 1256 250.00 SI 1259 SI 1261

STOCK CARD
ITEM DESCRIPTION

Thumb Tacks Golden


REFERENCE

DATE PURCHASE INV. SALES INV.

RECEIVED

2004 Nov. 30 Balance

Dec.

4 12 17 23 PI 1099 26 30

SI 1251 SI 1255 SI 1256 250.00 SI 1259 SI 1261

STOCK CARD
ITEM DESCRIPTION

Glue Elmer's
REFERENCE

DATE PURCHASE INV. SALES INV.

RECEIVED

2004 Nov. 30 Balance Dec. 7 12 23 26 29 PI 130 30

SI SI SI SI

1252 1255 1258 1260 850.00

SI 1261

STOCK CARD
ITEM DESCRIPTION

Carbon paper Blackie


REFERENCE

DATE PURCHASE INV. SALES INV.

RECEIVED

2004 Nov. 30 Balance Dec. 4 8 12 26 PI 147 26 30

SI 1251 SI 1253 SI 1255 450.00 SI 1259 SI 1263

STOCK CARD
ITEM DESCRIPTION

Typewritter Ribbon Rollo-O

REFERENCE DATE PURCHASE INV. SALES INV. RECEIVED

2004 Nov. 30 Balance Dec. 7 12 26 27 PI 1100 31

SI 1252 SI 1255 SI 1259 650.00 SI 1263

STOCK CARD
ITEM DESCRIPTION

Scissors

REFERENCE DATE PURCHASE INV. SALES INV. RECEIVED

2004 Nov. 30 Balance Dec. 3 PI 1082 12 17 19 23

800.00 SI SI SI SI 1251 1253 1255 1259

STOCK CARD
ITEM DESCRIPTION

Notebook Leaf Thick


REFERENCE

DATE PURCHASE INV. SALES INV.

RECEIVED

2004 Nov. 30 Balance Dec. 12 19 22 PI 145 23 31

SI 1255 SI 1257 4,000.00 SI 1258 SI 1262

STOCK CARD
ITEM DESCRIPTION

Notebook Bind Thin


REFERENCE

DATE PURCHASE INV. SALES INV.

RECEIVED

2004 Nov. 30 Balance Dec. 12 19 23 28 PI 151 30

SI 1255 SI 1257 SI 1258 6,000.00 SI 1262

STOCK CARD
ITEM DESCRIPTION

Fastener

REFERENCE DATE PURCHASE INV. SALES INV. RECEIVED

2004 Nov. 30 Balance Dec. 12 19 22 PI 120 23 31

SI 1252 SI 1255 5,000.00 SI 1258 SI 1260

STOCK NO. UNIT

1001 box

ISSUED

BALANCE

1,250.00 800.00 240.00 50.00 500.00

200.00 5,200.00 3,950.00 3,150.00 2,910.00 2,860.00 2,360.00

STOCK NO. UNIT

1002 box

ISSUED

BALANCE

250.00 700.00 120.00 100.00 500.00

100.00 5,100.00 4,850.00 4,150.00 4,030.00 3,930.00 3,680.00

STOCK NO. UNIT

1003 piece

ISSUED

BALANCE

400.00

500.00 8,000.00 7,600.00

2,500.00 240.00 150.00 750.00

5,100.00 4,860.00 4,720.00 3,680.00

STOCK NO. UNIT

1004 piece

ISSUED

BALANCE

750.00 2,500.00 250.00 750.00 1,250.00

4,000.00 3,250.00 750.00 10,750.00 10,500.00 9,750.00 8,500.00

STOCK NO. UNIT

1005 piece

ISSUED

BALANCE

750.00 2,500.00 250.00 750.00 1,250.00

5,000.00 4,250.00 1,750.00 11,750.00 11,500.00 10,750.00 9,500.00

STOCK NO. UNIT

1006 piece

ISSUED

BALANCE

ISSUED

BALANCE

70.00 50.00 80.00

200.00 130.00 80.00 330.00 250.00

STOCK NO. UNIT

1007 pads

ISSUED

BALANCE

500.00 300.00 500.00 1,250.00

100.00 15,100.00 14,600.00 14,300.00 13,800.00 12,550.00

STOCK NO. UNIT

1008 pads

ISSUED

BALANCE

500.00 500.00 500.00 2,000.00

200.00 13,700.00 13,200.00 12,700.00 12,200.00 10,200.00

STOCK NO. UNIT

1009 pads

ISSUED

BALANCE

50.00 500.00 400.00 200.00 1,250.00

100.00 17,100.00 17,050.00 16,550.00 16,150.00 15,950.00 14,700.00

STOCK NO. UNIT

1010 pads

ISSUED

BALANCE

50.00 500.00 500.00 500.00 1,500.00

200.00 15,200.00 15,150.00 14,650.00 14,100.00 13,600.00 12,100.00

STOCK NO. UNIT

1011 pads

ISSUED

BALANCE

1,500.00 250.00 1,500.00

100.00 7,600.00 6,100.00 5,850.00 4,350.00

500.00

3,850.00

STOCK NO. UNIT

1012 pads

ISSUED

BALANCE

1,500.00 450.00 1,250.00 500.00 1,200.00

200.00 8,700.00 7,200.00 6,750.00 5,500.00 5,000.00 3,800.00

STOCK NO. UNIT

1013 reams

ISSUED

BALANCE

150.00 100.00 500.00 100.00 200.00 600.00

200.00 50.00 4,300.00 4,200.00 3,700.00 3,600.00 3,400.00 2,800.00

STOCK NO. UNIT

1014 reams

ISSUED

BALANCE

200.00 80.00 700.00 100.00 360.00

300.00 100.00 20.00 3,020.00 2,320.00 2,220.00 1,860.00

STOCK NO. UNIT

1015 rolls

ISSUED

BALANCE

300.00 150.00 450.00 250.00

500.00 200.00 50.00 2,300.00 1,850.00 1,600.00

STOCK NO. UNIT

1016 meters

ISSUED

BALANCE

2500 1300

100 5100 2600 1300

STOCK NO. UNIT

1017 reams

ISSUED

BALANCE

250.00 200.00

300.00 50.00 800.00 600.00

STOCK NO. UNIT

1018 bottle

ISSUED

BALANCE

70.00 150.00 150.00

100.00 700.00 630.00 480.00 330.00

STOCK NO. UNIT

1019 piece

ISSUED

BALANCE

350.00 500.00 250.00 600.00

1,000.00 650.00 150.00 2,650.00 2,400.00 1,800.00

STOCK NO. UNIT

1020 piece

ISSUED

BALANCE

500.00 250.00 600.00

600.00 100.00 2,100.00 1,850.00 1,250.00

STOCK NO. UNIT

1021 box

ISSUED

BALANCE

10.00 100.00 20.00 30.00 50.00

150.00 140.00 40.00 20.00 270.00 240.00 190.00

STOCK NO. UNIT

1022 box

ISSUED

BALANCE

200.00

10.00 100.00 20.00 30.00 50.00

190.00 90.00 70.00 320.00 290.00 240.00

STOCK NO. UNIT

1023 bottle

ISSUED

BALANCE

60.00 300.00 150.00 60.00 120.00

600.00 540.00 240.00 90.00 30.00 880.00 760.00

STOCK NO. UNIT

1024 bottle

ISSUED

BALANCE

20.00 20.00 150.00 40.00 60.00

200.00 180.00 160.00 10.00 460.00 420.00 360.00

STOCK NO. UNIT

1025 box

ISSUED

BALANCE

20.00 240.00 60.00 100.00

600.00 580.00 340.00 280.00 930.00 830.00

STOCK NO. UNIT

1026 pair

ISSUED

BALANCE

300.00 200.00 50.00 150.00

50.00 850.00 550.00 350.00 300.00 200.00

STOCK NO. UNIT

1027 piece

ISSUED

BALANCE

1,500.00 300.00 300.00 450.00

2,000.00 500.00 200.00 4,200.00 3,900.00 3,450.00

STOCK NO. UNIT

1028 piece

ISSUED

BALANCE

4,000.00 1,200.00 1,200.00 3,200.00

7,000.00 3,000.00 1,800.00 600.00 6,600.00 3,400.00

STOCK NO. UNIT

1029 piece

ISSUED

BALANCE

350.00 1,000.00 500.00 1,200.00

1,500.00 1,150.00 150.00 5,150.00 4,650.00 3,450.00

CASH
Cash account conducted before the start of business on January 5, 2005 at 8:00 AM yielded the following COINS Denominations P 10.00 5.00 1.00 0.50 0.10 Qty. 9 20 50 20 40 P CURENCY Denominations 500.00 200.00 100.00 50.00 20.00

Qty. 1 1 2 3 5

CHECKS
Date 12.28.2004 12.30.2004 12.30.2004 12.31.2004 12.31.2004 01.03.2005 Number PCIB Check #2255 FEBTC Check #408 PNB Check #1122 PCIB Check #4425 FEBTC Check #775 PNB Check #203 (dated Jan. 15, 2005) OR 118 119 120 121 122 123 Drawer Louie Tan Eagle Contractor Dynasty Construction Benitez Merchandising Susan de Leon Luli Samson Amount 484,000.00 165,560.00 186,250.00 93,750.00 204,475.00 29,725.00

UNUSED STAMPS 11 pieces @ P 5.50


Vouchers for unreplenished expenses and advances were available on this date and found in order.

GRACE CORPORATION Bank Reconcilliation November 30, 2004 Balance per Bank Add Undeposited Collection P 1,396,000.00 170,500.00

Less Outstanding Checks Date 11/28/2004 11/29/2004 11/25/2004 Balance per Ledger Check # 12340 12342 12344 Amount P 100,000.00 123,500.00 143,000.00 P

566,500.00 1,000,000.00

Re: 1. We hereby report that at the close of business on of the abovementioned client: AMOUNT 14,267,272 DESCRIPTION Regular Checking Acct. Regular Checking Acct. Savings Acct. 6,500,000 Time Deposits 18% 2. Direct liabilities, assets and related balances of said clients as at the date above mentioned date were as follows: (attached details by LC) ACCOUNT Acceptance Drafts Trust Receipts Marginal Deposits Special Time Deposits Import Letters of Credit Domestic Letters of Credit INTEREST RATE (P.A.) 21% AMOUNT
FOREIGN CURRENCY

Grace

DECEMBER 31, 2004

our records showed the following balances to the INTEREST RATE (P.A.) PAID UP TO

ACCOUNT NUMBER 775

1 year% maturity (details attached)* PESO

5. Other accounts with the bank on

a) b) c) d)

Securities held fo Items held for col Trust accounts Others (specify)

3. We further report that the acove-mentioned client was directly liable to us by way of overdrafts, loans, etc. at the close of business on th AMOUNT DESCRIPTION OF LIABILITY DATE GRANTED 2004 10,000,000 Loans Other (Specify) 4. Other direct and/or contingent liabilities were: AMOUNT DECRIPTION OF ACCOUNT
NAME OF MAKER

DUE DATE 2005 12.28

12.28

DATE OF NOTE

Except as stated above, according to our records, said client had no other account with us at the above-mentioned date. Date filled in:

Jan. 2, 2005

Grace Corporation
CREDIT

d the following balances to the

INTEREST PAID UP TO

RESTRICTION ON WITHDRAWAL OF AMOUNT AND OTHER REMARKS

1 year% maturity Due Date: June 30, 2005

Other accounts with the bank on that date were:

details attached)*

Securities held for safekeeping Items held for collection Trust accounts Others (specify)

c. at the close of business on that date as follows: INTEREST PAID UP TO 2005 12.28 Land
DESCRIPTION OF COLLATERALS, LIENS, ENDORSERS, ETC. OTHER REMARKS

DATE OF NOTE

DUE DATE

REMARKS

he above-mentioned date. Yours Truly, Bank: By:

Jbiao Comptroller

PCIB

PCI Bank
NAME AND ADDRESS:

GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City


We have debited your Current Account No. 4486-9156-80 for service charges for December.

DEBIT MEMO

ACCOUNT NO.:

PCI Bank
NAME AND ADDRESS:

GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City


We have debited your Current Account No. 4486-9156-80 for return of PCIB check #4825 for P 500,000.00 drawn against insufficient funds

DEBIT MEMO

ACCOUNT NO.:

PCI Bank
NAME AND ADDRESS:

GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City

We have credited your Current Account No. 4486-9156-80 for collection of notes receivable P 500,000.00 proceeds.

CREDIT MEMO

ACCOUNT NO.:

PCI Bank
NAME AND ADDRESS:

GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City


We have credited your Current Account No. 4486-9156-80 for redeposit of PCIB check #4825 for P 500,000.00

CREDIT MEMO

ACCOUNT NO.:

PCI Bank
NAME AND ADDRESS:

GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City


We have credited your Current Account No. 4486-9156-80 proceeds of P 10,000,000.00 promissory note discounted at 12%

CREDIT MEMO

ACCOUNT NO.:

DATE:

December 29, 2004

2,500.00

CA 4486-9156-80

DATE:

December 10, 2004

500,000.00

CA 4486-9156-80

DATE:

December 29, 2004

490,000.00

CA 4486-9156-80

DATE:

December 13, 2004

500,000.00

CA 4486-9156-80

DATE:

December 28, 2004

7,900,000.00

CA 4486-9156-80

MARKETABLE SECURITIES
A. Securities Count, January 5, 2005 Date Issued 05.10.2004 07.31.2004 05.10.2004 05.10.2004 05.10.2004 Certificate No. 993 1082 750 820 725 Name of Company No. of Shares PLDT PLDT San Miguel Philex Mining Ornico 2,000 400 4,000 500,000 10,000,000 P Par Value

B. PCIB time deposit - 1 year maturity, due date June 30, 2005 - P 6,500,000.00 1. All of the above securities and Time Deposit Certificate were in the name of Grace Corporation. 2. The Custodian (Ms. Sarah B. Tuason) acknowledged the return of the securities C. From Makati Stock Exchange Monthly Review for December, 2004

Name PLDT San Miguel Philex Mining Ornico

Opening P 400 230 1.90 0.00200

High P 400 250 1.90 0.00200

Low P 300 180 1.60 0.00150

D. The following information relate to the stock investment of the Grace Corporation Purchases / Stock Dividend: Date 03.08.2004 05.10.2004 07.15.2004 05.10.2004 05.10.2004 05.10.2004 Security Name PLDT A Soriano Corp. PLDT - Stock Exchange San Miguel Philex Mining Ornico Cert. No 993 828 1082 750 820 725 No. of Shares 2,000 @ P 250.00 95,000 @ P 10.00 400 @ P 320.00 4,000 @ P 180.00 500,000 @ P 3.22 10,000,000@ P0.18 P

Total debited to temporary investments Broker's Commissions (5%) debited to Miscellaneous Expenses Sales: Date 11.20.2004 Security Name A. Soriano Corp. Cert. No. 828 No. of Shares 95,000

P P

Total amount credited to Marketable Securities 5% Broker's Commissions - debited to Miscellaneous Expenses

P P

Dividends: Declared By Stock: Cash: PLDT San Miguel Date 07.14.2004 12.15.2004 Date received

or to be received
07.31.2004 (Cert. # 1082) 01.15.2005 400 shares P 10 / share

Par Value 200.00 / share 100.00 / share 1.00 / share .01 / share

Grace Corporation.

Closing P 340 200 1.82 0.00190

500,00.00 950,000.00 720,000.00 1,610,00.00 1,800,000.00 5,580,000.00 279,000.00

2,080,000.00 104,000.00

400 shares P 10 / share

Supplier's Price List (Partial) Obtained on January 15, 2005 Genius Paper Products Yellow Pad Bond paper (Whitey) Bic Ballpen (any color) Worksheet 16 columns 12 columns Thumbtacks Thick Notebook Calculator fx-39 (Casio) Sapphire Corporation Bond paper (Whitey) Fountain Pen (Pilot) Onion Skin (Milky) Carbon Paper (Blackey) Arboleda Co., Inc. Envelope - short Envelope - long Calculator fx-39 fx-40 hl-807 Stapler (Max) P 4.00 / piece 6.00 / piece 3,840.00 3,600.00 4,000.00 150.00 / piece / piece / piece / piece P 130.00 100.00 105.00 100.00 / ream / piece / ream / box P 30.00 / pad 140.00 / pad 9.00 / pad 50.00 50.00 40.00 30.00 1,800.00 / pad / pad / box / piece / piece

GRACE CORPORATION Physical Inventory List January 4, 2005


UNIT COST (VAT Inclusive)

ITEM

BRAND

UNITS

TOTAL

Plain Pencil Charcoal Pencil Red Ballpen Blue Ballpen Black Ballpen Fountain Pen Worksheet 16 columns 14 columns 12 columns 10 columns Intermediate pad Yello Pad Bond Paper Onion Skin Cartolina Plastic Cover Art Paper Ink Regular Folder Long Folder Paper Clips Thumbtacks Glue Carbon Paper Typewriter Ribbon Scissors Thick Notebook Thin Notebook Fastener Envelope - short Envelope - long Calculator fx-39 fx-40 hl-807 Stapler

Mongol Staedler Bic Bic Bic Pilot Vernal Vernal Vernal Vernal Old Mill Old Mill Whitey Milky

70.00 90.00 8.50 8.50 8.50 103.50 50.00 50.00 50.00 50.00 15.00 30.00 130.00 110.00 9.00 17.50 150.00 57.00 2.50 3.50 30.00 40.00 22.50 100.00 20.50 12.00 32.50 27.50 1.10 2.50 3.50 1,800.00 2,000.00 1,000.00 152.50

2,360 3,680 3,450 8,500 9,500 230 12,550 10,200 14,400 12,150 3,850 3,800 2,800 1,960 1,540 1,300 600 350 1,900 1,200 300 350 660 360 630 150 3,450 10,600 3,450 0 0 0 0 0 5

boxes boxes pieces pieces pieces pieces pads pads pads pads pads pads reams reams rolls meters reams bottles pieces pieces boxes boxes bottles boxes boxes pairs pieces pieces pieces pieces pieces pieces pieces pieces pieces

165,200.00 331,200.00 29,325.00 72,250.00 80,750.00 23,690.00 627,500.00 510,000.00 720,000.00 607,500.00 57,750.00 114,000.00 360,000.00 215,600.00 13,500.00 22,750.00 90,000.00 18,240.00 4,750.00 4,200.00 9,000.00 12,800.00 14,850.00 36,000.00 12,915.00 1,800.00 112,125.00 227,900.00 37,950.00

Quink Carona Carona Silver Golden Elmer's Blackey Roll-O Mayon

Carona Carona Casio Casio Casio Max

762.50

P 4,522,787.00

INVENTORY COUNT SHEET


DATE OF COUNT: CLIENT'S NAME STICK LOCATION

JANUARY 4, 2005
BALANCE SHEET DATE:

GRACE CORPORATION
QUANTITY STOCK PER COUNT

STORE

DECEMBER 31, 2004


DESCRIPTION BRAND & STOCK UNIT AUDITOR'S COUNT PER CLIENT'S COUNT LIST

DIFFERENCE

Bic Ballpen - Reb - Blue - Black Charcoal Pencil Plain Pencil

pcs. pcs. pcs. box box

3,450 8,500 9,500 3,680 2,360

Whitey Bond paper Yellow pad Glue Elmer's Roll-O Typewiter ribbon Calculator - fx-39 - fx-40 - hl-807 Max Stapler Worksheet - 16 columns - 14 columns - 12 columns - 10 columns

ream pad botl. box pcs. pcs. pcs. pcs. pads pads pads pads

2,800 3,800 660 630 0 0 0 5 12,550 10,200 14,400 12,150

TAKEN BY

SHEET NO. _____ OF _____ SHEETS

COMPLETE CHECK

AUDITOR'S REPRESENTATIVE
FOR AUDITOR

CLIENT'S REPRESENTATIVE

FOR CLIENT TEST CHECK

STORE

REMARKS

INVENTORY OF UNUSED ACCOUNTABLE FORMS


Inventory Date: Company: Location of Forms:

01.01.2005

GRACE CORPORATION
Unused Forms Sets per pad to be tied with last count Serial Number From To No. of Pads

Paraaque City
Last Used Last Printing

Name of Forms

Date

No.

Date

Official Receipts Checks: PCIB Cash Vouchers Sales Invoice Delivery Receipts

50 100 50 50 50

124 151 12368 12401 323 351 1269 1300 322 351

150 650 12400 12800 350 1000 1300 2000 350 1050

10 4 13 14 14

01.03.2005 01.04.2005 01.04.2005 01.03.2005 01.03.2005

123 12371 32 1268 321

03.15.2002 11.20.2002 06.15.2002 06.15.2002 06.15.2002

Taken or Prepared by: (for client) Signature

Verified by: (for CPA) Initial: Date:

BLE FORMS
Custodian:

Sheila Fuentes
Last Printing Serial Number From To

Reference

001 12301 001 001 001


Reviewed by: Initial:

650 12800 1000 2000 1050

Printer's Invoice/ BIR Permit Debit Memo Printer's Invoice Printer's Invoice/ BIR Permit Printer's Invoice

Date:

GRACE CORPORATION Schedule of Plant, Property & Equipment December 31, 2004 Ledger Classification
Land

Description
A parcel of land, Lot 4, Blk 2 of the consolidation-subdivision plan PCS 12456 situated in Sucat, Municipality of Paraaque, Province of Rizal containing an area of two thousand (2,000) square meters more or less 2,000 sq.m. concrete building

Reference/ Date
CV-11-182 11.02.2003 P

Cost
16,500,000.00

Building

CV-11-182 11.02.2003 CV-1-5 01.05.2004 P

33,000,000.00

Additional improvements

20,000,000.00 53,000,000.00 400,000.00

Furniture & Fixture

80 showcases for the store @ P 5,000 40 office tablets & 40 office chairs @ P 24,000 10 conference tablets with 80 chairs 30 four-drawer steel cabinets

CV-6-2 06.01.2003 CV-6-3 06.02.2003 CV-8-10 08.20.2003 CV-7-10 07.10.2003 CV-7-11 07.11.2003 CV-8-13 08.15.2003 CV-3-16 08.18-2003 P

480,000.00

600,000.00

240,000.00

1 office safe fire proof Hobart

280,000.00

50 venetian blinds FineLine

320,000.00

Air-conditioning System

1,230,000.00 3,550,000.00 6,000,000.00

Delivery Vans

Isuzu Crewcab Model 1993, Motor #123456 Chassis #821618 10 Personal Computers Pentium 6 SN 41226 SN 41231 41227 41232 41228 41233

CV-12-20 12.20-2003

Office Equipment

CV-8-01 08.01-2003

2,050,000.00

41229 41230

41234 41235 CV-8-02 08.01-2003 25,000.00

Olympia Electric Typewriter SN 41226 18" Carriage. Model 142C Olympia Electric Typewriter SN 528376 12" Carriage. Model 215 10 Electric Fans SN 15381 SN 15386 15382 15387 15383 15388 15384 15389 15385 15390

CV-8-03 08.01-2003

25,000.00

CV-8-03 08.01-2003

30,000.00

2,130,000.00

GRACE CORPORATION Organizational Cost December 31, 2004

Date
2002 May 2 Securities and Exchange Commission Atty. Arthur Cruz

Reference
CV# 2002 5-2 registration fee for the corporation CV# 2002 4-3 professional fee for incorporationpapers CV# 2002 4-6 food served for meetings on the establishment of the corporation CV# 2002 6-4 salaries for the 1st month of the corporation's existence

April 3

April 15

Century Park Sheraton

July 30

Officers and Employees

nt

Estimated Life from Acquisition Date

20 years

40 years

5 years

10 years

5 years

10 years

10 years

5 years

100,000.00

200,000.00

d for meetings blishment of 280,000.00 the 1st month 420,000.00 --------------------------1,000,000.00

GRACE CORPORATION Advertising For the Year Ended December 31,2004 Date 02.15.2003 06.15.2004 CV# Payee Catchy Ads, Inc. Catchy Ads, Inc. Particulars Advertisement in Bulletin Today Published 01.15.2004 Retainer fee for seven months effective July 1 , 2004 TOTAL Advertisement - Times Journal 08.21.2004 Brochures

08.20.2004 12.31.2004

GRACE CORPORATION Insurance For the Year Ended December 31,2004 Date 01.02.2004 03.12.2004 CV# Payee Particulars Cardinal Insurance Premium on insurance of delivery Corporation vans for one year effective 01.01.2004 Filipino Insurance Corporation Premium in insurance of building and equipment and fixture for one year effective 03.15.2004 (Pol.# 279825)

GRACE CORPORATION Cost of Sales 2004 Month

January February March April May June July

August September October November December

GRACE CORPORATION Net Sales 2004 Month January February March April May June July August September October November December P 10,062,010.00 9,025,015.00 10,011,525.00 15,082,845.00 13,075,070.00 12,066,685.00 9,035,015.00 7,822,085.00 9,015,025.00 8,025,015.00 8,062,010.00 2,811,223.00 P 117,060,223.00 P 41,000.00 80,020.00 65,025.00 122,000.00 101,000.00 214,500.00 72,000.00 52,515.00 66,025.00 85,035.00 100,880.00 41,475.00 1,041,475.00 P 35,000.00 60,000.00 25,300.00 150,000.00 130,000.00 152,000.00 52,000.00 45,000.00 51,000.00 48,000.00 51,700.00 66,435.00 866,435.00

GRACE CORPORATION Salaries Expense For the Year Ended December 31,2004 Name of Employee Eric Gaston Joan Gaston Amy Josef Sarah Tuason Other Employees Particulars Salary for the year @ P 80,000 / month Salary for the year @ P 42,000 / month Salary for the year @ P 50,000 / month Salary for the year @ P 48,320 / month

GRACE CORPORATION Taxes and Licenses For the Year Ended December 31,2004 Date 02.14.2004 02.15.2004 02.18.2004 03.28.2004 Payee Real Estate Tax Municipal Tax Residence Certificate C & C1 Registration for Delivery Vans OR# A-72925 S-842782 F-231475 W-24687

2004 Amount P 250,000.00 350,000.00 600,000.00 257,195.00 100,000.00 957,195.00

2004 Amount P 360,000.00

240,000.00 600,000.00

Amount

. P 5,342,356.00 . 5,266,997.00 . 4,792,627.00 . 6,127,495.00 . 6,803,923.00 . 4,770,269.00 . 4,857,439.00

. 3,581,742.00 . 4,922,788.00 . 4,151,050.00 . 4,168,814.00 1,861,387.00 . P 56,646,887.00

Amount P 9,986,010.00 8,884,995.00 9,921,200.00 14,810,845.00 12,844,070.00 11,666,885.00 8,911,015.00 7,724,570.00 8,898,000.00 7,891,980.00 7,909,730.00 2,703,313.00 P 112,152,313.00

2004 Amount P 960,000.00 504,000.00 600,000.00 579,840.00 21,379,000.00 P 24,022,840.00

2004 Amount P 240,000.00 500,000.00 30,000.00 140,000.00 P 910,000.00

PROMISSORY NOTE (Note Payable- Officer) P 1,700,000.00

For value received, I / we jointly and severally promise to pay, Grace Corporation or order, the sum of One million seven hundred thousand pesos (P 1,700,000.00 ), Philippine Currency at an interest rate of none % payable at 12 Ninoy Aquino Ave., Paranaque Cit

If this note is placed in the hands of attorney for collection; the makes and endorsers sha addition, pay 25% of the amount due as attorney's fees and costs of collection (aside from the cos litigation allowed by the Rules of Court).

Signature

Signature

Alfredo P. Cacho Name in Print

Sarah B. Tuason for Grace Corporati Name in Print

58 Rizal Avenue, Manila Mailing Address Res. Cert. No.: AB582485 Date: January 30, 2004 Place of Issue: Manila

12 Ninoy Aquino Ave Paranaque City Mailing Address

Res. Cert. No.: AB3486789 Date: January 19, 2004 Place of Issue: Paranaque

SIGNED IN THE PRESENCE OF:

SIGNED IN THE PRESENCE OF

PROMISSORY NOTE (Note Receivable) P 470,000.00

For value received, I / we jointly and severally promise to pay, Grace Corporation or order, the sum of Four hundred seventy thousand thousand pesos (P 470,000.00 ), Philippine Currency at an

interest rate of

24

% payable at

12 Ninoy Aquino Ave., Paranaque Cit

If this note is placed in the hands of attorney for collection; the makes and endorsers sha addition, pay 25% of the amount due as attorney's fees and costs of collection (aside from the cos litigation allowed by the Rules of Court).

Signature

Signature

Sarah B. Tuason for Grace Corporation Name in Print 12 Ninoy Aquino Avenue Paranaque City Mailing Address Res. Cert. No.: AB3486789 Date: January 19, 2004 Place of Issue: Paranaque City

Johann Morales Name in Print

301 Frico Street Novaliches, Quezon C Mailing Address

Res. Cert. No.: A4882283 Date: January 15, 2004 Place of Issue: Quezon Ci

SIGNED IN THE PRESENCE OF:

SIGNED IN THE PRESENCE OF

PROMISSORY NOTE (Note Payable) P 1,906,500.00

For value received, I / we jointly and severally promise to pay, Genius Paper Products or order, the sum of One million nine hundred six thousand five hundred pesos (P 1,906,500.00 ), Philippine Currency at an interest rate of 24 % payable at 565 Solana Avenue, Pasay City

If this note is placed in the hands of attorney for collection; the makes and endorsers sha addition, pay 25% of the amount due as attorney's fees and costs of collection (aside from the cos litigation allowed by the Rules of Court).

Signature

Signature

Felicisomo Rey

Sarah B. Tuason

for Genius Paper Products Name in Print 565 Solana Avenue Pasay City Mailing Address Res. Cert. No.: AB513468 Date: January 30, 2004 Place of Issue: Pasay City

for Grace Corporati Name in Print

12 Ninoy Aquino Ave Paranaque City Mailing Address

Res. Cert. No.: AB3486789 Date: January 19, 2004 Place of Issue: Paranaque

SIGNED IN THE PRESENCE OF:

SIGNED IN THE PRESENCE OF

PROMISSORY NOTE (Note Receivable) P 2,500,000.00

For value received, I / we jointly and severally promise to pay, Grace Corporation or order, the sum of Two million five hundred thousand pesos (P 2,500,000.00 ), Philippine Currency at an interest rate of 24 % payable at 12 Ninoy Aquino Ave., Paranaque Cit

If this note is placed in the hands of attorney for collection; the makes and endorsers sha addition, pay 25% of the amount due as attorney's fees and costs of collection (aside from the cos litigation allowed by the Rules of Court).

Signature

Signature

Sarah B. Tuason for Grace Corporation Name in Print 12 Ninoy Aquino Avenue Paranaque City Mailing Address Res. Cert. No.: AB3486789 Date: January 19, 2004 Place of Issue: Paranaque City

Alicia M David Name in Print

58 Veronica Stree Sta. Mesa, Manila Mailing Address Res. Cert. No.: 5982283 Date: January 17, 2004 Place of Issue: Manila

SIGNED IN THE PRESENCE OF:

SIGNED IN THE PRESENCE OF

PROMISSORY NOTE (Note Payable) P 1,600,000.00

For value received, I / we jointly and severally promise to pay, Genius Paper Products or order, the sum of One million six hundred thousand pesos (P 1,600,000.00 ), Philippine Currency at an interest rate of 27 % payable at 565 Solana Avenue, Pasay City

If this note is placed in the hands of attorney for collection; the makes and endorsers sha addition, pay 25% of the amount due as attorney's fees and costs of collection (aside from the cos litigation allowed by the Rules of Court).

Signature

Signature

Felicisomo Rey for Genius Paper Products Name in Print 565 Solana Avenue Pasay City Mailing Address Res. Cert. No.: AB513468 Date: January 30, 2004 Place of Issue: Pasay City

Sarah B. Tuason for Grace Corporati Name in Print

12 Ninoy Aquino Ave Paranaque City Mailing Address

Res. Cert. No.: AB3486789 Date: January 19, 2004 Place of Issue: Paranaque

SIGNED IN THE PRESENCE OF:

SIGNED IN THE PRESENCE OF

NOTE Officer) October 1, 2004

360 days after date One million seven hundred ), Philippine Currency at an annual oy Aquino Ave., Paranaque City .

ollection; the makes and endorsers shall, in costs of collection (aside from the costs of

Signature

Sarah B. Tuason for Grace Corporation Name in Print 12 Ninoy Aquino Avenue Paranaque City Mailing Address Res. Cert. No.: AB3486789 Date: January 19, 2004 Place of Issue: Paranaque City

SIGNED IN THE PRESENCE OF:

NOTE able) December 8, 2004

sixty days after date our hundred seventy thousand ), Philippine Currency at an annual

oy Aquino Ave., Paranaque City

ollection; the makes and endorsers shall, in costs of collection (aside from the costs of

Signature

Johann Morales Name in Print 301 Frico Street Novaliches, Quezon City Mailing Address Res. Cert. No.: A4882283 Date: January 15, 2004 Place of Issue: Quezon City

SIGNED IN THE PRESENCE OF:

NOTE ble) December 1, 2004

ninety days after date ne million nine hundred six ), Philippine Currency at an annual 5 Solana Avenue, Pasay City .

ollection; the makes and endorsers shall, in costs of collection (aside from the costs of

Signature

Sarah B. Tuason

for Grace Corporation Name in Print 12 Ninoy Aquino Avenue Paranaque City Mailing Address Res. Cert. No.: AB3486789 Date: January 19, 2004 Place of Issue: Paranaque City

SIGNED IN THE PRESENCE OF:

NOTE able) December 5, 2004

120 days after date wo million five hundred ), Philippine Currency at an annual oy Aquino Ave., Paranaque City .

ollection; the makes and endorsers shall, in costs of collection (aside from the costs of

Signature

Alicia M David Name in Print 58 Veronica Street Sta. Mesa, Manila Mailing Address Res. Cert. No.: 5982283 Date: January 17, 2004 Place of Issue: Manila

SIGNED IN THE PRESENCE OF:

NOTE ble) December 5, 2004

150 days after date ne million six hundred ), Philippine Currency at an annual 5 Solana Avenue, Pasay City .

ollection; the makes and endorsers shall, in costs of collection (aside from the costs of

Signature

Sarah B. Tuason for Grace Corporation Name in Print 12 Ninoy Aquino Avenue Paranaque City Mailing Address Res. Cert. No.: AB3486789 Date: January 19, 2004 Place of Issue: Paranaque City

SIGNED IN THE PRESENCE OF:

SUBSCRIBER'S LEDGER
STOCK SUBSCRIBED
DATE NO. OF NO. OF SHARES INSTALLMENTS VALUE

ALICIA M. DAVID
STOCK PAYMENT
DATE NO. OF SHARES

2002 Mar. 5

50,000

5,000,000.00

2004 Mar. 25

75,000

9,000,000.00

2002 Apr. 19 May. 10 June.15 2004 May. 25

75,000

SUBSCRIBER'S LEDGER
STOCK SUBSCRIBED
DATE NO. OF NO. OF SHARES INSTALLMENTS VALUE

SARAH B. TUASON
STOCK PAYMENT
DATE NO. OF SHARES

2002 Apr. 26

50,000

5,000,000.00

2004 Jan. 10

2002 Apr. 26 May. 10 June.15 July.5 2004 Jan. 10

100,000

12,000,000.00 100,000

SUBSCRIBER'S LEDGER
STOCK SUBSCRIBED
DATE NO. OF NO. OF SHARES INSTALLMENTS VALUE

MARIO PAREDES
STOCK PAYMENT
DATE NO. OF SHARES

2002 Dec. 26

50,000

5,250,000.00

2002 Dec. 26

SUBSCRIBER'S LEDGER
STOCK SUBSCRIBED
DATE NO. OF NO. OF SHARES INSTALLMENTS VALUE

ALFREDO P. CACHO
STOCK PAYMENT
DATE NO. OF SHARES

2002 Mar. 5

50,000

5,000,000.00

2002 Mar. 5 May. 3 Dec. 15

10,000.00

Dec. 15

100,000

10,000,000.00

SUBSCRIBER'S LEDGER
STOCK SUBSCRIBED
DATE NO. OF NO. OF SHARES INSTALLMENTS VALUE

JOSELITO T. PERON
STOCK PAYMENT
DATE NO. OF SHARES

2002 Mar. 5

2002 50,000 5,000,000.00 Mar. Apr. May. Oct. 5 6 8 25 1,250 2,500 1,250 100,000

Oct. 25

100,000

10,000,000.00

SUBSCRIBER'S LEDGER
STOCK SUBSCRIBED
DATE NO. OF NO. OF SHARES INSTALLMENTS VALUE

LUIS G. FRAGANTE
STOCK PAYMENT
DATE NO. OF SHARES

2002 Dec. 26

50,000

5,250,000.00

2002 Mar. 7 Apr. 7 May. 5 June.7 Mar. 15 75,000

2004 Mar. 15

75,000

9,000,000.00

STOCK PAYMENT
NO. OF INSTALLMENTS VALUE

25% 25% 50% 100%

1,250,000.00 1,250,000.00 2,500,000.00 9,000,000.00

5,000,000.00

STOCK PAYMENT
NO. OF INSTALLMENTS VALUE

25% 25% 25% 25%

1,250,000.00 1,250,000.00 1,250,000.00 1,250,000.00

5,000,000.00

100%

12,000,000.00

STOCK PAYMENT
NO. OF INSTALLMENTS VALUE

50%

2,625,000.00

2,625,000.00

STOCK PAYMENT
NO. OF INSTALLMENTS VALUE

25% 75% 100%

1,250,000.00 3,750,000.00 10,000,000.00

5,000,000.00

STOCK PAYMENT
NO. OF INSTALLMENTS VALUE

25% 50% 25% 100%

125,000.00 250,000.00 125,000.00 10,000,000.00

should be 1,250,000.00 2,500,000.00 1,250,000.00 5,000,000.00

diff 1,125,000.00 2,250,000.00 1,125,000.00 4,500,000.00

STOCK PAYMENT
NO. OF INSTALLMENTS VALUE

25% 25% 25% 25% 100%

1,250,000.00 1,250,000.00 1,250,000.00 1,250,000.00 9,000,000.00

STOCKHOLDER'S LEDGER
CERTIFICATE CANCELLED
DATE JOURNAL FOLIO CERTIFICATE NUMBER NUMBER OF SHARES FRACTION

ALICIA M. DAVID
DATE

CERT

2002 Jun. 15 2004 Mar. 25

STOCKHOLDER'S LEDGER
CERTIFICATE CANCELLED
DATE JOURNAL FOLIO CERTIFICATE NUMBER NUMBER OF SHARES FRACTION

SARAH B. TUASON
DATE

CERT

2002 Jun. 5 2004 Jan. 10

STOCKHOLDER'S LEDGER
CERTIFICATE CANCELLED
DATE JOURNAL FOLIO CERTIFICATE NUMBER NUMBER OF SHARES FRACTION

ALFREDO P. CACHO
DATE

CERT

2002 May. 3 Dec, 15

STOCKHOLDER'S LEDGER
CERTIFICATE CANCELLED
DATE JOURNAL FOLIO CERTIFICATE NUMBER NUMBER OF SHARES FRACTION

JOSELITO T. PERON
DATE

CERT

2002 May. 8 Oct. 25

STOCKHOLDER'S LEDGER
CERTIFICATE CANCELLED
DATE JOURNAL FOLIO CERTIFICATE NUMBER NUMBER OF SHARES FRACTION

LUIS G. FRAGANTE
DATE

CERT

2002 Jun. 7 2004 Mar. 15

LICIA M. DAVID
CERTIFICATE ISSUED
JOURNAL FOLIO CERTIFICATE NUMBER NUMBER OF SHARES FRACTION

1-D 1-J

50,000 75,000

ARAH B. TUASON
CERTIFICATE ISSUED
JOURNAL FOLIO CERTIFICATE NUMBER NUMBER OF SHARES FRACTION

1-E 1-H

50,000 100,000

LFREDO P. CACHO
CERTIFICATE ISSUED
JOURNAL FOLIO CERTIFICATE NUMBER NUMBER OF SHARES FRACTION

1-A 1-G

50,000 100,000

OSELITO T. PERON
CERTIFICATE ISSUED
JOURNAL FOLIO CERTIFICATE NUMBER NUMBER OF SHARES FRACTION

1-B 1-F

50,000 100,000

UIS G. FRAGANTE
CERTIFICATE ISSUED
JOURNAL FOLIO CERTIFICATE NUMBER NUMBER OF SHARES FRACTION

1-C 1-I

50,000 75,000

SUBSCRIPTION JOURNAL
DATE BY WHOM SURRENDERED CERTIFICATE CANCELLED
LEDGER FOLIO NO. CERTIFICATE NO. SHARES

2002 May June July Oct. Dec. 2004 Jan. 10 Mar. 15 25 3 8 7 15 5 25 15

SUBSCRIPTION JOURNAL
LEFT IN WHOSE NAME
FOLIO

CERTIFICATE ISSUED
LEDGER NO. CERTIFICATE NO. SHARES

SIGNATURE Subject to By-Laws of company

Alfredo P. Cacho Joselito T. Peron Luis G. Fragante Alicia M. David Sarah B. Tuason Joselito T. Peron Alfredo P. Cacho

1-A 1-B 1-C 1-D 1-E 1-F 1-G

50,000 50,000 50,000 50,000 50,000 100,000 100,000

(Sgd.) (Sgd.) (Sgd.) (Sgd.) (Sgd.) (Sgd.) (Sgd.)

Sarah B. Tuason Luis G. Fragante Alicia M. David

1-H 1-I 1-J

100,000 75,000 75,000

(Sgd.) (Sgd.) (Sgd.)

THE FOLLOWING BALANCE DUE FROM ME (US) IS CORRECT:


DUE TO: AS OF: AMOUNT:

THE FOLLOWING BALANCE DUE FROM ME (US) IS


DUE TO:

GRACE CORPORATION Signature: Position:

December 31, 2004

289,975.00

GRACE CORPORATION Signature: Position:

Conf.No. AR-11

CORA TAYAG 1642 Reyes Avenue, Manila Returned by Post Office

IDA CORONEL

63 Manotoc Street, Quezon City Returned by Post Office

THE FOLLOWING BALANCE DUE FROM ME (US) IS CORRECT:


DUE TO: AS OF: AMOUNT:

THE FOLLOWING BALANCE DUE FROM ME (US) IS


DUE TO:

GRACE CORPORATION Signature: Position: REX Enterprises Chief Accountant

December 31, 2004

1,700,000.00

GRACE CORPORATION Signature: Position: J. R. Alano Trading Chief Accountant

Conf.No. AR-8

Balance is OK but this is not yet due.

OK

THE FOLLOWING BALANCE DUE FROM ME (US) IS CORRECT:


DUE TO: AS OF: AMOUNT:

THE FOLLOWING BALANCE DUE FROM ME (US) IS


DUE TO:

GRACE CORPORATION Signature: Position:

December 31, 2004

1,700,000.00

GRACE CORPORATION Signature: Position: Susan de Leon

Roces, Adriano & Salas, CPAs Chief Accountant

Conf.No. AR-10

This is correct.

The above amount was paid in ful o Dec. 31, 2004 per OR # 122.

Returned by Post Office

Returned by Post Office

THE FOLLOWING BALANCE DUE FROM ME (US) IS CORRECT:


DUE TO: AS OF: AMOUNT:

THE FOLLOWING BALANCE DUE FROM ME (US) IS


DUE TO:

GRACE CORPORATION

December 31, 2004

150,000.00

GRACE CORPORATION

Signature: Position:

Alberto & Associates, CPAs Chief Accountant

Conf.No. AR-3

Signature: Position:

R.V. Castro & Co. Chief Accountant

OK

Balance is correct.

Returned by Post Office

Returned by Post Office

THE FOLLOWING BALANCE DUE FROM ME (US) IS CORRECT:


DUE TO: AS OF: AMOUNT:

THE FOLLOWING BALANCE DUE FROM ME (US) IS


DUE TO:

GRACE CORPORATION Signature: Position: Louie Tan

December 31, 2004

1,284,000.00

GRACE CORPORATION Signature: Position: Gwendo Reyes Comptroller

Conf.No. AR-4

P 484,000 has been paid per OR# 118 on December 28, 2004. Returned by Post Office

Balance OK.

Returned by Post Office

THE FOLLOWING BALANCE DUE FROM ME (US) IS CORRECT:


DUE TO: AS OF: AMOUNT:

THE FOLLOWING BALANCE DUE FROM ME (US) IS


DUE TO:

GRACE CORPORATION Signature: Position:

December 31, 2004

73,600.00

GRACE CORPORATION Signature: Position: Building Blocks, Inc. Chief Accountant

Centeno, Antonio & Tantoco, CPAs Chief Accountant

Conf.No. AR-16

Balance is not correct. Iy should be P 736,000.00. Returned by Post Office

Balance correct.

Returned by Post Office

THE FOLLOWING BALANCE DUE FROM ME (US) IS CORRECT:


DUE TO: AS OF: AMOUNT:

GRACE CORPORATION Signature: Position: Anna Reyes

December 31, 2004

300,000.00

No Reply: 1. Eagle Contractors 2. Valera Company 3. Legarda Company 4. Dynasty Construction 5. Benitez Merchandising 6. J. R. Alano

Conf.No. AR-19

Balance OK.

The company and auditor agreed on 5% Bad Debts A adjusted balance of Accounts Receivables. Returned by Post Office

BALANCE DUE FROM ME (US) IS CORRECT:


AS OF: AMOUNT:

December 31, 2004

138,285.00

Conf.No. AR-2

IDA CORONEL 63 Manotoc Street, Quezon City Returned by Post Office

BALANCE DUE FROM ME (US) IS CORRECT:


AS OF: AMOUNT:

December 31, 2004

1,600,000.00

R. Alano Trading

Conf.No. AR-9

OK

BALANCE DUE FROM ME (US) IS CORRECT:


AS OF: AMOUNT:

December 31, 2004

204,475.00

Conf.No. AR-12

The above amount was paid in ful on Dec. 31, 2004 per OR # 122. Returned by Post Office

BALANCE DUE FROM ME (US) IS CORRECT:


AS OF: AMOUNT:

December 31, 2004

1,224,500.00

V. Castro & Co.

Conf.No. AR-1

Balance is correct.

Returned by Post Office

BALANCE DUE FROM ME (US) IS CORRECT:


AS OF: AMOUNT:

December 31, 2004

(50,000.00)

Conf.No. AR-7

Balance OK.

Returned by Post Office

BALANCE DUE FROM ME (US) IS CORRECT:


AS OF: AMOUNT:

December 31, 2004

575,000.00

lding Blocks, Inc.

Conf.No. AR-17

Balance correct.

Returned by Post Office

Not included in Send Out Confirmation: 1. Lighthouse Commercial 2. Solomon Enterprises 3. Carlo Santos 4. Chad Acosta 5. Johann Morales 6. Luli Samson

auditor agreed on 5% Bad Debts Allowance based on of Accounts Receivables.

Conf. No. AP - 1 Our records show that the balance of was due from GRACE CORPORATION P 1,982,495.00 as itemizes in the attached statement as of December 31, 2004 GENIUS PAPER PRODUCTS Position : Date : Chief Accountant January 25, 2005

Name of Supplier / Creditor : By (in print) : Signature : Jordan Miguel

Conf. No. AP - 2 Our records show that the balance of was due from GRACE CORPORATION P 1,484,670.00 as itemizes in the attached statement as of December 31, 2004 SAPPHIRE CORPORATION Position : Date : Chief Accountant January 10, 2005

Name of Supplier / Creditor : By (in print) : Signature : Samantha Reyes

Conf. No. AP - 3 Our records show that the balance of was due from GRACE CORPORATION P 1,656,925.00 as itemizes in the attached statement as of December 31, 2004 ARBOLEDA CO., INC. Position : Date : Chief Accountant January 20, 2005

Name of Supplier / Creditor : By (in print) : Signature : Joshua Madrigal

Conf. No. AP - 1

in the attached statement

TS

ef Accountant

ary 25, 2005

Conf. No. AP - 2

in the attached statement

ef Accountant

ary 10, 2005

Conf. No. AP - 3

in the attached statement

ef Accountant

ary 20, 2005

Grace
Received from: The sum of: In settlement of: Invoice # 1121 Cash: Checks: PNB 481853

OFFICIAL RECEIPT

No.

CORPORATION

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph

VAT 2004-002-148 | TIN 4004-009-175

Date: December 1,2004 Invoice no. 1121

Legarda Company

Two hundred twenty four thousand five hundred pesos only

224,500.00

Total

224,500.00

Received by: TOTAL

Grace
Received from: Susan de Leon The sum of: In settlement of: Invoice # 1125 Cash: Checks: RCBC 329864

OFFICIAL RECEIPT

No.

CORPORATION

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph

VAT 2004-002-148 | TIN 4004-009-175

Date: December 1,2004 Invoice no. 1125 less: discount P

One million thirty eight thousand eight hundred pesos only

1,038,800.00

Total

1,038,800.00

Received by: TOTAL

Grace
Received from: The sum of: In settlement of: Invoice # 1135 Cash: Checks: SBTC 928421

OFFICIAL RECEIPT

No.

CORPORATION

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph

VAT 2004-002-148 | TIN 4004-009-175

Date: December 5,2004 Invoice no. 1125 discount

Benitez Merchandising

Three hundred sixty two thousand six hundred pesos only

362,600.00

Total

362,600.00

Received by: TOTAL

Grace
Received from:

OFFICIAL RECEIPT

No.

CORPORATION

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph

VAT 2004-002-148 | TIN 4004-009-175

Date:

Johann Morales The sum of: Five hundred thousand pesos only In settlement of: Invoice # 1133 Cash: Checks: PCIBank 4825 P 500,000.00 P

December 8,2004 Invoice no. 1133

Total

500,000.00

Received by: TOTAL

Grace
Received from: The sum of: In settlement of: Invoice # 1149 Cash: Checks: CBC 123498

OFFICIAL RECEIPT

No.

CORPORATION

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph

VAT 2004-002-148 | TIN 4004-009-175

Date: December 8,2004 Invoice no. 1149 less: returns discount P

Solomon Enterprises

Four hundred ninety thousand pesos only

490,000.00

Total

490,000.00

Received by: TOTAL

Grace
Received from: The sum of: In settlement of: Invoice # 1251 Cash: Checks: RCBC 728465

OFFICIAL RECEIPT

No.

CORPORATION

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph

VAT 2004-002-148 | TIN 4004-009-175

Date: December 11,2004 Invoice no. 1251 less: discount

Eagle Contractors

Two hundred forty one thousans eight hundred eighty eight pesos only

241,888.00

Total

241,888.00

Received by: TOTAL

Grace
Received from: Ida Coronel The sum of: In settlement of: Invoice # 1152 Cash: Checks:

OFFICIAL RECEIPT

No.

CORPORATION

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph

VAT 2004-002-148 | TIN 4004-009-175

Date: December 12,2004 Invoice no. 1152

Five hundred twenty eight thousand pesos only

BPI 249169

528,000.00

Total

528,000.00

Received by: TOTAL

Grace
Received from: Luli Samson The sum of: In settlement of: Invoice # 1231 Cash: Checks: BPI 249169

OFFICIAL RECEIPT

No.

CORPORATION

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph

VAT 2004-002-148 | TIN 4004-009-175

Date: December 12,2004 Invoice no. 1231

Eight hundred forty five thousand pesos only

845,000.00

Total

845,000.00

Received by: TOTAL

Grace

OFFICIAL RECEIPT

No.

CORPORATION

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph

VAT 2004-002-148 | TIN 4004-009-175

Grace
Received from: Valera Company The sum of: Four hundred ten thousand pesos only In settlement of: Invoice # 1070 Cash: Checks: RCBC # 876521 P 410,000.00 P Date: December 15,2004 Invoice no. 1070

Total

410,000.00

Received by: TOTAL

Grace
Received from: The sum of: In settlement of: Invoice # 1253 Cash: Checks:

OFFICIAL RECEIPT

No.

CORPORATION

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph

VAT 2004-002-148 | TIN 4004-009-175

Date: December 12,2004 Invoice no. 1253 less: discount

Sampollo Company

Fifty six thousand eight hundred seventy four pesos only

P 56, 874.00

Total

56,874.00

Received by: TOTAL

Grace
Received from: Cora Tayag The sum of: In settlement of: Invoice # 1100 Cash: Checks: PCIBank 246810

OFFICIAL RECEIPT

No.

CORPORATION

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph

VAT 2004-002-148 | TIN 4004-009-175

Date: December 17,2004 Invoice no. 1100

Seven hundred fifty seven thousand five hundred pesos only

757,500.00

Total

757,500.00

Received by: TOTAL

Grace
Received from: Susan de Leon The sum of: In settlement of: Invoice # 1242 Cash:

OFFICIAL RECEIPT

No.

CORPORATION

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph

VAT 2004-002-148 | TIN 4004-009-175

Date: December 1,2004 Invoice no. 1242

Six hundred eighty one thousand pesos only

Checks: RCBC 369125 P 681,000.00

Total

681,000.00

Received by: TOTAL

Grace
Received from: The sum of: In settlement of:

OFFICIAL RECEIPT

No.

CORPORATION

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph

VAT 2004-002-148 | TIN 4004-009-175

Date: December 20,2004 Invoice no. 1254 1255 total P less: returns P 980,000.00 discounts

Benitez Merchandising

Nine hundred eighty thousand pesos only

Invoice # 1254, 1255 Cash: Checks: PCIBank 481265

Total

980,000.00

Received by: TOTAL

Grace

OFFICIAL RECEIPT

No.

CORPORATION

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph

VAT 2004-002-148 | TIN 4004-009-175

Grace
Received from: Building Blocks, Inc. The sum of: One hundred eighty seven thousand two hundred pesos only In settlement of: Invoice # 1259, 1260 Cash: Checks: PNB 510152 P 187,200.00 P Date: December 23,2004 Invoice no. 1259 1260

Total

187,200.00

Received by: TOTAL

Grace
Received from: The sum of: In settlement of: Invoice # 1252 Cash: Checks:

OFFICIAL RECEIPT

No.

CORPORATION

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph

VAT 2004-002-148 | TIN 4004-009-175

Date:

Dynasty Construction Invoice no. 1252

Four thousand six hundred twenty five pesos only

4,625

Total

4,625.00

Received by: TOTAL

Grace
Received from: M. Paredes The sum of: In settlement of: Subscription Fee Cash: Checks: RCBC 481216

OFFICIAL RECEIPT

No.

CORPORATION

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph

VAT 2004-002-148 | TIN 4004-009-175

Date: December 26,2004 Invoice no. Subscription Payment

Two million six hundred twenty five thousand pesos only

2,625,000.00

Total

2,625,000.00

Received by: TOTAL

Grace
Received from: Luli Samson The sum of: In settlement of: Invoice # 1257 Cash:

OFFICIAL RECEIPT

No.

CORPORATION

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph

VAT 2004-002-148 | TIN 4004-009-175

Date: December 26,2004 Invoice no. 1257 less: discount

Eighty five thousand one hundred thirteen pesos only

Checks: P 85,113.00

Total

85,113.00

Received by: TOTAL

Grace
Received from: Louie Tan The sum of: In settlement of: Invoice # 1240 Cash: Checks: PCIB 2255

OFFICIAL RECEIPT

No.

CORPORATION

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph

VAT 2004-002-148 | TIN 4004-009-175

Date: December 28,2004 Invoice no. 1240

Four hundred eighty four thousand pesos only

484,000.00

Total

484,000.00

Received by: TOTAL

Grace

OFFICIAL RECEIPT

No.

CORPORATION

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph

VAT 2004-002-148 | TIN 4004-009-175

Grace
Received from: Eagle Contractos The sum of: One hundred sixty five thousand five hundred fifty pesos only In settlement of: Invoice # 1264 Cash: Checks: FEBTC 408 P 165,550.00 P Date: December 30,2004 Invoice no. 1264

Total

165,550.00

Received by: TOTAL

Grace
Received from: The sum of: In settlement of: Invoice # 1265 Cash: Checks: PNB 1122

OFFICIAL RECEIPT

No.

CORPORATION

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph

VAT 2004-002-148 | TIN 4004-009-175

Date: December 30,2004 Invoice no. 1265

Dynasty Construction

One hundred eighty six thousand two hundred fifty pesos only

186,250.00

Total

186,250.00

Received by:

TOTAL

Grace
Received from: The sum of: In settlement of:

OFFICIAL RECEIPT

No.

CORPORATION

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph

VAT 2004-002-148 | TIN 4004-009-175

Date: December 31, 2004 Invoice no. 1266

Benitez Merchandising

Ninety three thousand seven hundred fifty pesos only

Cash: Checks: PCIB 4425

93,750.00

Total

93,750.00

Received by: TOTAL

Grace
Received from: Susan de Leon The sum of: In settlement of:

OFFICIAL RECEIPT

No.

CORPORATION

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph

VAT 2004-002-148 | TIN 4004-009-175

Date: December 31, 2004 Invoice no. 1258

Two hundred four thousand four hundred seventy five pesos only

Cash: Checks: FEBTC 775

204,475.00

Total

204,475.00

Received by: TOTAL

Grace
Received from: Luli Samson The sum of: In settlement of: Invoice # 1268 Cash: Checks: PCIB 2277

OFFICIAL RECEIPT

No.

CORPORATION

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph

VAT 2004-002-148 | TIN 4004-009-175

Date: January 3,2005 Invoice no. 1268

Twenty nine thousand seven hundred twenty five pesos only

29,725.00

Total

29,725.00

Received by: TOTAL

101
7690 | Website: www.gracecorporation.biz.ph

o Avenue, Paranaque City | Tel: 632 843 7689

Amount 224,500.00

224,511.00

102
7690 | Website: www.gracecorporation.biz.ph

o Avenue, Paranaque City | Tel: 632 843 7689

Amount 1,600,000.00

(21,200.00)

1,578,800.00

103
7690 | Website: www.gracecorporation.biz.ph

o Avenue, Paranaque City | Tel: 632 843 7689

Amount 370,000.00 (7,400.00)

362,600.00

104
7690 | Website: www.gracecorporation.biz.ph

o Avenue, Paranaque City | Tel: 632 843 7689

Amount 500,000.00

500,000.00

105
7690 | Website: www.gracecorporation.biz.ph

o Avenue, Paranaque City | Tel: 632 843 7689

Amount 520,000.00 (20,000.00) (10,000.00)

490,000.00

106
7690 | Website: www.gracecorporation.biz.ph

o Avenue, Paranaque City | Tel: 632 843 7689

Amount 246,825.00 (4,937.00)

241,888.00

107
7690 | Website: www.gracecorporation.biz.ph

o Avenue, Paranaque City | Tel: 632 843 7689

Amount 528,000.00

528,000.00

108
7690 | Website: www.gracecorporation.biz.ph

o Avenue, Paranaque City | Tel: 632 843 7689

Amount 845,000.00

845,000.00

109
7690 | Website: www.gracecorporation.biz.ph

o Avenue, Paranaque City | Tel: 632 843 7689

Amount 410,000.00

410,000.00

110
7690 | Website: www.gracecorporation.biz.ph

o Avenue, Paranaque City | Tel: 632 843 7689

Amount 58,035.00 (1,161.00)

56,874.00

111
7690 | Website: www.gracecorporation.biz.ph

o Avenue, Paranaque City | Tel: 632 843 7689

Amount 757,500.00

757,500.00

112
7690 | Website: www.gracecorporation.biz.ph

o Avenue, Paranaque City | Tel: 632 843 7689

Amount 681,000.00

681,000.00

113
7690 | Website: www.gracecorporation.biz.ph

o Avenue, Paranaque City | Tel: 632 843 7689

Amount 711,950.00 309,525.00 1,021,475.00

(21,475.00) (20,000.00)

2,001,475.00

114
7690 | Website: www.gracecorporation.biz.ph

o Avenue, Paranaque City | Tel: 632 843 7689

Amount 75,805.00 111,395.00

187,200.00

115
7690 | Website: www.gracecorporation.biz.ph

o Avenue, Paranaque City | Tel: 632 843 7689

Amount 4,625.00

4,625.00

116
7690 | Website: www.gracecorporation.biz.ph

o Avenue, Paranaque City | Tel: 632 843 7689

Amount

2,625,000.00

2,625,000.00

117
7690 | Website: www.gracecorporation.biz.ph

o Avenue, Paranaque City | Tel: 632 843 7689

Amount 86,850.00 (1,737.00)

85,113.00

118
7690 | Website: www.gracecorporation.biz.ph

o Avenue, Paranaque City | Tel: 632 843 7689

Amount 484,000.00

484,000.00

119
7690 | Website: www.gracecorporation.biz.ph

o Avenue, Paranaque City | Tel: 632 843 7689

Amount 165,550.00

165,550.00

120
7690 | Website: www.gracecorporation.biz.ph

o Avenue, Paranaque City | Tel: 632 843 7689

Amount 186,250.00

186,250.00

121
7690 | Website: www.gracecorporation.biz.ph

o Avenue, Paranaque City | Tel: 632 843 7689

Amount 93,750.00

93,750.00

122
7690 | Website: www.gracecorporation.biz.ph

o Avenue, Paranaque City | Tel: 632 843 7689

Amount 204,475.00

204,475.00

123
7690 | Website: www.gracecorporation.biz.ph

o Avenue, Paranaque City | Tel: 632 843 7689

Amount 29,725.00

29,736.00

Grace
Charged to: Delivered to: Quantity

INVOICE

No.
1 December 2004

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
Date

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 | Telefax: 632 843 7690 Website: www.gracecorporation.biz.ph

Delivery Receipt No. Job Order No. P. O. No. Terms

Eagle Contractors 11 Forbes St., Makati City

2/10, n/30

Unit

Description

Unit Price

1,250 250 10 20 150 200 750 750 400

box box box box ream ream piece piece piece

Plain Pencil - Mongol Charcoal Pencil - Steadler Silver Paper Clips Blackie Carbon Paper Whitey Bond Paper Milky Onion Skin Bic Ballpen - Black Bic Ballpen - Blue Bic Ballpen - Red

101.50 130.50 50.00 145.00 188.50 159.50 12.50 12.50 12.50

TOTAL
12% interest per annum is to be charged on all overdue accounts, plus 23% on said amount All merchandise covered by this invoice has been for attornye's fees and cost of collection, the parties expressly submit themselves to the inspected, verified and checked. jurisdiction of the Courts of the City of Manila in any legal action arising out of this transaction. Without in any way attempting to divert on any other court or courts, returned goods will not be Received by: accepted without written authority from our office, the above merchandise have been carefully counted, checked and packed, packages delivered by carrier should be checked with those recorded above. Customer/Receiver

Grace

INVOICE

No.
3

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
Date

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 | Telefax: 632 843 7690

December 2004

Grace
Website: www.gracecorporation.biz.ph Delivery Receipt No. Job Order No. P. O. No. Terms

Charged to: Delivered to:

Dynasty Construction 36 Rizal Ave., Sta. Crux, Manila

2/10, n/30

Quantity

Unit

Description

Unit Price

350 350 60 20

piece piece bottle box

Fastener Folder - regular Elmer's Glue Roll-O Typewriter Ribbon

1.50 4.00 35.00 30.00

TOTAL
12% interest per annum is to be charged on all overdue accounts, plus 23% on said amount All merchandise covered by this invoice has been for attornye's fees and cost of collection, the parties expressly submit themselves to the inspected, verified and checked. jurisdiction of the Courts of the City of Manila in any legal action arising out of this transaction. Without in any way attempting to divert on any other court or courts, returned goods will not be Received by: accepted without written authority from our office, the above merchandise have been carefully counted, checked and packed, packages delivered by carrier should be checked with those recorded above. Customer/Receiver

Grace
Charged to: Delivered to: Quantity

INVOICE

No.
7 December 2004

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
Date

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 | Telefax: 632 843 7690 Website: www.gracecorporation.biz.ph

Delivery Receipt No. Job Order No. P. O. No. Terms

Sampollo Company 312 Arden St., Paranaque City

2/10, n/30

Unit

Description

Unit Price

70 70 100 20 80 50 50

bottle piece ream box ream pads pads

Quink Ink Pilot Fountain Pen Whitey Bond Paper Blackie Carbon Paper Milky Onion Skin 10 Column Worksheet - Vernal 12 Column Worksheet - Vernal

82.50 150.00 188.50 145.00 159.50 72.50 72.50

TOTAL
12% interest per annum is to be charged on all overdue accounts, plus 23% on said amount All merchandise covered by this invoice has been for attornye's fees and cost of collection, the parties expressly submit themselves to the inspected, verified and checked. jurisdiction of the Courts of the City of Manila in any legal action arising out of this transaction. Without in any way attempting to divert on any other court or courts, returned goods will not be Received by: accepted without written authority from our office, the above merchandise have been carefully counted, checked and packed, packages delivered by carrier should be checked with those recorded above. Customer/Receiver

Grace
Charged to: Delivered to: Quantity

INVOICE

No.
10 December 2004

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
Date

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 | Telefax: 632 843 7690 Website: www.gracecorporation.biz.ph

Delivery Receipt No. Job Order No. P. O. No. Terms

Benitez Merchandising 582 Kamagong St., Makati City

2/10, n/30

Unit

Description

Unit Price

800 700 500 500 500 500

box box pad pad pad pad

Plain Pencil - Mongol Chrcoal Pencil - Staedler 16 column worksheet - vernel 14 column worksheet - vernel 12 column worksheet - vernel 10 column worksheet - vernel

101.50 130.50 72.50 72.50 72.50 72.50

1,500 500 700 300 2,500 250 500 500

pad ream ream roll meter ream piece piece

Yello paper - Old Mill Bond Paper - Whitey Onion Skin - Milky Cartolina Plastic Cover Art Paper Folder - Regular Folder - Long

43.50 188.50 159.50 12.50 25.00 210.00 4.00 5.00

TOTAL
12% interest per annum is to be charged on all overdue accounts, plus 23% on said amount All merchandise covered by this invoice has been for attornye's fees and cost of collection, the parties expressly submit themselves to the inspected, verified and checked. jurisdiction of the Courts of the City of Manila in any legal action arising out of this transaction. Without in any way attempting to divert on any other court or courts, returned goods will not be Received by: accepted without written authority from our office, the above merchandise have been carefully counted, checked and packed, packages delivered by carrier should be checked with those recorded above. Customer/Receiver

Grace
Charged to: Delivered to: Quantity

INVOICE

No.
10 December 2004

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
Date

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 | Telefax: 632 843 7690 Website: www.gracecorporation.biz.ph

Delivery Receipt No. Job Order No. P. O. No. Terms

Benitez Marchandising 582 Kamagog St. Makati City

2/10, n/30

Unit

Description

Unit Price

100 150 300 150 240 300 1,500 1,000 2,500 2,500 2,500 1,000 1,500 150

box box bottle box box pair piece piece piece piece piece piece pads bottle

Plain pencil- mongol thumbtacks - golden Elemer's glue Carbon paper - blackie Typewriter Ribbon - Roll-o scissors thick notebook thin notebook Bic ballpen - black Bic ballpen - blue Bic Ballpen - red Fastener Intermediate Pad - old mill Ink - Quink

50.00 58.00 35.00 145.00 30.00 17.50 47.00 40.00 12.50 12.50 12.50 1.50 22.00 82.00

TOTAL
12% interest per annum is to be charged on all overdue accounts, plus 23% on said amount All merchandise covered by this invoice has been for attornye's fees and cost of collection, the parties expressly submit themselves to the inspected, verified and checked. jurisdiction of the Courts of the City of Manila in any legal action arising out of this transaction. Without in any way attempting to divert on any other court or courts, returned goods will not be Received by: accepted without written authority from our office, the above merchandise have been carefully counted, checked and packed, packages delivered by carrier should be checked with those recorded above. Customer/Receiver

INVOICE

No.
15

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 | Telefax: 632 843 7690 Website: www.gracecorporation.biz.ph Date

December 2004

Delivery Receipt No.

Charged to: Delivered to:

Ida Coronel 63 Manotoc, St., QC

Job Order No. P. O. No. Terms

2/10, n/30

Quantity

Unit

Description

Unit Price

200 50 20 20 150 300 500 400 500

pair piece box box roll pad pad pad pad

scissors Fountain pen - pilot thumbtacks - golden paper clips - silver cartolina 16 column worksheet 17 column worksheet 18 column worksheet 19 column worksheet -

vernal vernal vernal vernal

17.50 150.00 58.50 50.00 12.50 72.50 72.50 72.50 72.50

TOTAL

12% interest per annum is to be charged on all overdue accounts, plus 23% on said amount All merchandise covered by this invoice has been for attornye's fees and cost of collection, the parties expressly submit themselves to the inspected, verified and checked. jurisdiction of the Courts of the City of Manila in any legal action arising out of this transaction. Without in any way attempting to divert on any other court or courts, returned goods will not be Received by: accepted without written authority from our office, the above merchandise have been carefully counted, checked and packed, packages delivered by carrier should be checked with those recorded above. Customer/Receiver

INVOICE

No.
17 December 2004

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 | Telefax: 632 843 7690 Website: www.gracecorporation.biz.ph Date

Delivery Receipt No.

Charged to: Delivered to:

Luli Samson 852 Buendia Ave., Makati City

Job Order No. P. O. No. Terms

2/10, n/30

Quantity

Unit

Description

Unit Price

250 450 100 100 50 300 300

pads pads ream ream pair piece piece

Intermediate pad- old mill yelloe paper - old mill onion skin - milky bond paper - whitey scissors thick notebook thin notebook

22.00 43.50 159.50 188.50 17.50 47.00 40.00

TOTAL
12% interest per annum is to be charged on all overdue accounts, plus 23% on said amount All merchandise covered by this invoice has been for attornye's fees and cost of collection, the parties expressly submit themselves to the inspected, verified and checked. jurisdiction of the Courts of the City of Manila in any legal action arising out of this transaction. Without in any way attempting to divert on any other court or courts, returned goods will not be Received by: accepted without written authority from our office, the above merchandise have been carefully counted, checked and packed, packages delivered by carrier should be checked with those recorded above. Customer/Receiver

jurisdiction of the Courts of the City of Manila in any legal action arising out of this transaction. Without in any way attempting to divert on any other court or courts, returned goods will not be accepted without written authority from our office, the above merchandise have been carefully counted, checked and packed, packages delivered by carrier should be checked with those recorded above.

INVOICE

No.
23

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 | Telefax: 632 843 7690 Website: www.gracecorporation.biz.ph Date

December 2004

Delivery Receipt No.

Charged to: Delivered to:

susan de Leon 482 Rizal Ave., MM

Job Order No. P. O. No. Terms

2/10, n/30

Quantity

Unit

Description

Unit Price

1,500 1,250 1,300 450 250 250 300 300 500 150 200 150

pads pads meter roll piece piece piece piece piece pair ream bottle

intermediate pad - old mill yellow paper - old mill plastic cover cartolina folder - regular folder - long Leaf notebook - thick bind notebook - thin fastener scissors art paper Elmer's glue

22.00 43.50 25.00 12.50 4.00 5.00 47.00 40.00 1.50 7.50 210.00 35.00

TOTAL
12% interest per annum is to be charged on all overdue accounts, plus 23% on said amount All merchandise covered by this invoice has been for attornye's fees and cost of collection, the parties expressly submit themselves to the inspected, verified and checked. jurisdiction of the Courts of the City of Manila in any legal action arising out of this transaction. Without in any way attempting to divert on any other court or courts, returned goods will not be Received by: accepted without written authority from our office, the above merchandise have been carefully counted, checked and packed, packages delivered by carrier should be checked with those recorded above. Customer/Receiver

INVOICE

No.

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 | Telefax: 632 843 7690 Website: www.gracecorporation.biz.ph Date

23 December 2004

Delivery Receipt No.

Charged to: Delivered to:

Building blocks, inc 220 Ortigas, Mandaluyong

Job Order No. P. O. No. Terms

cash

Quantity

Unit

Description

Unit Price

240 120 30 20 40 60 250 250 150 600 600 80

box box box box box box piece piece piece piece piece piece

Plain Pencil - Mongol Charcoal Pencil - Staedler Silver - Paper Clips Golden Thumbtacks Blackie Carbon Paper Roll-O Typewriter Ribbon Bic Ballpen - Black Bic Ballpen - Blue Bic Ballpen - Red Folder - Long Folder - Regular Pilot Fountain Pen

101.50 130.50 50.00 58.00 145.00 30.00 12.50 12.50 12.50 5.00 4.00 150.00

TOTAL
12% interest per annum is to be charged on all overdue accounts, plus 23% on said amount All merchandise covered by this invoice has been for attornye's fees and cost of collection, the parties expressly submit themselves to the inspected, verified and checked. jurisdiction of the Courts of the City of Manila in any legal action arising out of this transaction. Without in any way attempting to divert on any other court or courts, returned goods will not be Received by: accepted without written authority from our office, the above merchandise have been carefully counted, checked and packed, packages delivered by carrier should be checked with those recorded above. Customer/Receiver

INVOICE

No.
23

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 | Telefax: 632 843 7690 Website: www.gracecorporation.biz.ph Date

December 2004

Delivery Receipt No.

Charged to: Delivered to:

building blocks, inc. 220 Ortigas, Mandaluyong

Job Order No. P. O. No. Terms

cash

Quantity

Unit

Description

Unit Price

1200 150 60 200 360

piece bottle bottle ream ream

Fastener Quink Ink Elmer's Glue Bond Paper - Whitey Onion Skin - Milky

1.50 82.50 35.00 188.50 159.50

TOTAL
12% interest per annum is to be charged on all overdue accounts, plus 23% on said amount All merchandise covered by this invoice has been for attornye's fees and cost of collection, the parties expressly submit themselves to the inspected, verified and checked. jurisdiction of the Courts of the City of Manila in any legal action arising out of this transaction. Without in any way attempting to divert on any other court or courts, returned goods will not be Received by: accepted without written authority from our office, the above merchandise have been carefully counted, checked and packed, packages delivered by carrier should be checked with those recorded above. Customer/Receiver

INVOICE

No.
27

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 | Telefax: 632 843 7690 Website: www.gracecorporation.biz.ph Date

December 2004

Delivery Receipt No.

Charged to: Delivered to:

Cora Tayag 1642 Reyes Avenue, Manila

Job Order No. P. O. No.

Terms

2/10 n/30

Quantity

Unit

Description

Unit Price

50 100 50 50 500 500 250 120 500 500 500 500

box box box box pad pad roll bottle pad pad pad pad

Plain Pencil - Mongol Charcoal Pencil - Staedler Silver - Paper Clips Golden Thumbtacks Intermediate Pad - Old Mill Yellow Paper - Old Mill Cartolina Elmer's Glue 10 Column Worksheet - Vernal 12 Column Worksheet - Vernal 14 Column Worksheet - Vernal 16 Column Worksheet - Vernal

101.50
P 130.50 50.00 58.00 22.00 43.50 12.50 35.00 72.50 72.50 72.50 72.50

TOTAL
12% interest per annum is to be charged on all overdue accounts, plus 23% on said amount All merchandise covered by this invoice has been for attornye's fees and cost of collection, the parties expressly submit themselves to the inspected, verified and checked. jurisdiction of the Courts of the City of Manila in any legal action arising out of this transaction. Without in any way attempting to divert on any other court or courts, returned goods will not be Received by: accepted without written authority from our office, the above merchandise have been carefully counted, checked and packed, packages delivered by carrier should be checked with those recorded above. Customer/Receiver

INVOICE

No.
27

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 | Telefax: 632 843 7690 Website: www.gracecorporation.biz.ph Date

December 2004

Delivery Receipt No.

Charged to: Delivered to:

Cora Tayag 1642 Reyes Avenue, Manila

Job Order No. P. O. No. Terms

2/10 n/30

Quantity

Unit

Description

Unit Price

750

piece

Bic Ballpen - Black

12.50

750 750 450 800

piece piece piece piece

Bic Ballpen - Blue Bic Ballpen - Red Thick Notebook Thin Notebook

12.50 12.50 47.00 40.00

TOTAL
12% interest per annum is to be charged on all overdue accounts, plus 23% on said amount All merchandise covered by this invoice has been for attornye's fees and cost of collection, the parties expressly submit themselves to the inspected, verified and checked. jurisdiction of the Courts of the City of Manila in any legal action arising out of this transaction. Without in any way attempting to divert on any other court or courts, returned goods will not be Received by: accepted without written authority from our office, the above merchandise have been carefully counted, checked and packed, packages delivered by carrier should be checked with those recorded above. Customer/Receiver

INVOICE

No.
29

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 | Telefax: 632 843 7690 Website: www.gracecorporation.biz.ph Date

December 2004

Delivery Receipt No.

Charged to: Delivered to:

Centeno, Antonio and Tantoo, CPAs 296 Frisco St., Novaliches

Job Order No. P. O. No. Terms

cash

Quantity

Unit

Description

Unit Price

1,500 1,250 2,000 1,250 100 500

pad pad pad pad box box

10-Column Worksheet 12 column worksheet 14 column worksheet 16 column worksheet Typewriter ribbon Plain pencil- Mongol

Vernal vernal vernal vernel

72.50 72.50 72.50 72.50 30.00 101.50

250 1,250 1,250 750 1,200 600 60

box piece piece piece pad ream box

Charcoal pencil- Staedler Bic ballpen- Black Bic Ballpen- Blue Bic Ballpen- Red Yellow paper - Old Mill Bond Paper - Whitey Carbon Paper - Blackie

130.50 12.50 12.50 12.50 43.50 188.50 145.00

TOTAL
12% interest per annum is to be charged on all overdue accounts, plus 23% on said amount All merchandise covered by this invoice has been for attornye's fees and cost of collection, the parties expressly submit themselves to the inspected, verified and checked. jurisdiction of the Courts of the City of Manila in any legal action arising out of this transaction. Without in any way attempting to divert on any other court or courts, returned goods will not be Received by: accepted without written authority from our office, the above merchandise have been carefully counted, checked and packed, packages delivered by carrier should be checked with those recorded above. Customer/Receiver

INVOICE

No.
30

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 | Telefax: 632 843 7690 Website: www.gracecorporation.biz.ph Date

December 2004

Delivery Receipt No.

Charged to: Delivered to:

Eagle Contractors 11 Forbes St., Makati City

Job Order No. P. O. No. Terms

2/10, n/30

Quantity

Unit

Description

Unit Price

500 300 1,500 1,500 500

box ream piece piece piece

Charcoal Pencil - Staedler Bond Paper- Whitey Bic Ballpen - Black Bic Ballpen - Blue Bic Ballpen - Red

130.50 188.50 12.50 12.50 12.50

TOTAL
12% interest per annum is to be charged on all overdue accounts, plus 23% on said amount All merchandise covered by this invoice has been for attornye's fees and cost of collection, the parties expressly submit themselves to the inspected, verified and checked. jurisdiction of the Courts of the City of Manila in any legal action arising out of this transaction. Without in any way attempting to divert on any other court or courts, returned goods will not be Received by: accepted without written authority from our office, the above merchandise have been carefully counted, checked and packed, packages delivered by carrier should be checked with those recorded above. Customer/Receiver

INVOICE

No.
30 December

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 | Telefax: 632 843 7690 Website: www.gracecorporation.biz.ph Date

2004

Delivery Receipt No.

Charged to: Delivered to:

Dynasty Construction 30 Rizal Ave., Sta. Cruz, Manila

Job Order No. P. O. No. Terms

cash

Quantity

Unit

Description

Unit Price

1,600 1,200 500

bottle box realm

elmer's glue Typewriter Ribbon- Roll-O Bond Paper- Whitey

35.00 30.00 188.50

TOTAL
12% interest per annum is to be charged on all overdue accounts, plus 23% on said amount All merchandise covered by this invoice has been for attornye's fees and cost of collection, the parties expressly submit themselves to the inspected, verified and checked. jurisdiction of the Courts of the City of Manila in any legal action arising out of this transaction. Without in any way attempting to divert on any other court or courts, returned goods will not be Received by: accepted without written authority from our office, the above merchandise have been carefully counted, checked and packed, packages delivered by carrier should be checked with those recorded above. Customer/Receiver

INVOICE

No.
30

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 | Telefax: 632 843 7690 Website: www.gracecorporation.biz.ph Date

December 2004

Delivery Receipt No.

Charged to: Delivered to:

Benitez Merchandising 582 Kamagong St., Makati City

Job Order No. P. O. No. Terms

2/10, n/30

Quantity

Unit

Description

Unit Price

1,000 1,000

pad ream

Yellow Paper- Old Mill Bond Paper - Whitey

43.50 188.50

TOTAL
12% interest per annum is to be charged on all overdue accounts, plus 23% on said amount All merchandise covered by this invoice has been for attornye's fees and cost of collection, the parties expressly submit themselves to the inspected, verified and checked. jurisdiction of the Courts of the City of Manila in any legal action arising out of this transaction. Without in any way attempting to divert on any other court or courts, returned goods will not be accepted without written authority from our office, the above merchandise have been carefully counted, checked and packed, packages delivered by carrier should be checked with those recorded above.

12% interest per annum is to be charged on all overdue accounts, plus 23% on said amount for attornye's fees and cost of collection, the parties expressly submit themselves to the jurisdiction of the Courts of the City of Manila in any legal action arising out of this transaction. Without in any way attempting to divert on any other court or courts, returned goods will not be Received by: accepted without written authority from our office, the above merchandise have been carefully counted, checked and packed, packages delivered by carrier should be checked with those recorded above. Customer/Receiver

INVOICE

No.
3

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 | Telefax: 632 843 7690 Website: www.gracecorporation.biz.ph Date

January 2005

Delivery Receipt No.

Charged to: Delivered to:

Benitez Marketing 582 Kamagong St., Makati City

Job Order No. P. O. No. Terms

2/10, n/30

Quantity

Unit

Description

Unit Price

2,500 3,000 2,000

piece piece piece

Bic Ballpen - black Bic Ballpen - blue Bic Ballpen -red

12.50 12.50 12.50

TOTAL
12% interest per annum is to be charged on all overdue accounts, plus 23% on said amount All merchandise covered by this invoice has been for attornye's fees and cost of collection, the parties expressly submit themselves to the inspected, verified and checked. jurisdiction of the Courts of the City of Manila in any legal action arising out of this transaction. Without in any way attempting to divert on any other court or courts, returned goods will not be Received by: accepted without written authority from our office, the above merchandise have been carefully counted, checked and packed, packages delivered by carrier should be checked with those recorded above. Customer/Receiver

INVOICE

No.
3 January 2005

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 | Telefax: 632 843 7690 Website: www.gracecorporation.biz.ph Date

Delivery Receipt No.

Charged to: Delivered to:

Luli Samson 852 Buendia Ave., Makati City

Job Order No. P. O. No. Terms

2/10, n/30

Quantity

Unit

Description

Unit Price

250 100

pad ream

yellow paper - old mill bond paper - whitey

43.50 188.50

TOTAL
12% interest per annum is to be charged on all overdue accounts, plus 23% on said amount All merchandise covered by this invoice has been for attornye's fees and cost of collection, the parties expressly submit themselves to the inspected, verified and checked. jurisdiction of the Courts of the City of Manila in any legal action arising out of this transaction. Without in any way attempting to divert on any other court or courts, returned goods will not be Received by: accepted without written authority from our office, the above merchandise have been carefully counted, checked and packed, packages delivered by carrier should be checked with those recorded above. Customer/Receiver

1251
1 December 2004

304

2/10, n/30
Amount

126,875.00 32,625.00 500.00 2,900.00 28,275.00 31,900.00 9,375.00 9,375.00 5,000.00

246,825.00

ndise covered by this invoice has been verified and checked.

Customer/Receiver

1252
3

December 2004

305

2/10, n/30
Amount

525.00 1,400.00 2,100.00 600.00

4,625.00

ndise covered by this invoice has been verified and checked.

Customer/Receiver

1253
7 December 2004

306

2/10, n/30
Amount

5,775.00 10,500.00 18,850.00 2,900.00 12,760.00 3,625.00 3,625.00

58,035.00

ndise covered by this invoice has been verified and checked.

Customer/Receiver

1254
10 December 2004

307

2/10, n/30
Amount

81,200.00 91,350.00 36,250.00 36,250.00 36,250.00 36,250.00

65,250.00 94,250.00 111,650.00 3,750.00 62,500.00 52,500.00 2,000.00 2,500.00

711,950.00

ndise covered by this invoice has been verified and checked.

Customer/Receiver

1255
10 December 2004

308

2/10, n/30
Amount

5,000.00 8,700.00 10,500.00 21,750.00 7,200.00 5,250.00 70,500.00 40,000.00 31,250.00 31,250.00 31,250.00 1,500.00 33,000.00 12,300.00

309,450.00

ndise covered by this invoice has been verified and checked.

Customer/Receiver

1256
15

December 2004

309

2/10, n/30

Amount

3,500.00 7,500.00 1,170.00 1,000.00 1,875.00 21,750.00 36,250.00 29,000.00 36,250.00

138,295.00

ndise covered by this invoice has been verified and checked.

Customer/Receiver

1257
17 December 2004

310

2/10, n/30

Amount

5,500.00 19,575.00 15,950.00 18,850.00 875.00 14,100.00 12,000.00

86,850.00

ndise covered by this invoice has been verified and checked.

Customer/Receiver

1258
23

December 2004

311

2/10, n/30

Amount

33,000.00 54,375.00 32,500.00 5,625.00 1,000.00 1,250.00 14,100.00 12,000.00 750.00 1,125.00 42,000.00 5,250.00

202,975.00

ndise covered by this invoice has been verified and checked.

Customer/Receiver

1259

23 December 2004

312

cash

Amount 24360.00 15660.00 1500.00 1160.00 5800.00 1800.00 3125.00 3125.00 1875.00 3000.00 2400.00 12000.00

75,805.00

ndise covered by this invoice has been verified and checked.

Customer/Receiver

1260
23

December 2004

313

313

cash

Amount

1,800.00 12,375.00 2,100.00 37,700.00 57,420.00

111,395.00

ndise covered by this invoice has been verified and checked.

Customer/Receiver

1261
27

December 2004

314

2/10 n/30

Amount

5,075.00 13,050.00 2,500.00 2,900.00 11,000.00 21,750.00 3,125.00 4,200.00 36,250.00 36,250.00 36,250.00 36,250.00

208,600.00

ndise covered by this invoice has been verified and checked.

Customer/Receiver

1262
27

December 2004

315

2/10 n/30

Amount

9,375.00

9,375.00 9,375.00 21,150.00 32,000.00

81,275.00

ndise covered by this invoice has been verified and checked.

Customer/Receiver

1263
29

December 2004

316

cash

Amount

108,750.00 90,625.00 145,000.00 90,625.00 3,000.00 50,750.00

32,625.00 15,625.00 15,625.00 9,375.00 52,200.00 113,100.00 8,700.00

736,000.00

ndise covered by this invoice has been verified and checked.

Customer/Receiver

1264
30

December 2004

317

2/10, n/30

Amount

65,250.00 56,550.00 18,750.00 18,750.00 6,250.00

165,550.00

ndise covered by this invoice has been verified and checked.

Customer/Receiver

1265
30 December

2004

318

cash

Amount

56,000.00 36,000.00 94,250.00 --------------

186,250.00

ndise covered by this invoice has been verified and checked.

Customer/Receiver

1266
30

December 2004

319

2/10, n/30

Amount

43,500.00 188,500.00 -------------

232,000.00

ndise covered by this invoice has been verified and checked.

Customer/Receiver

1267
3

January 2005

320

2/10, n/30

Amount

31,250.00 37,500.00 25,000.00

93,750.00

ndise covered by this invoice has been verified and checked.

Customer/Receiver

1268
3 January 2005 321

2/10, n/30

Amount

10,875.00 18,850.00

29,725.00

ndise covered by this invoice has been verified and checked.

Customer/Receiver

GENIUS PAPER PRODUCTS


951 Del Sol Avenue, Pasay City | VAT 2004-005-219 | TIN 4004-0070356 CHARGED TO: ADDRESS: TERMS: GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City bal 2/10, n/45 PARTICULARS ORDER NO: DATE: UNIT PRICE

15,000 pads 16 column worksheet - Vernal 13,500 pads 14 column worksheet - Vernal VAT INCLUDED

50.00 50.00

Received the above products in good order and condition. BY: RES. CERTIFICATE NO.: DATE:

arboleda company, inc.


456 Quezon Boulevard Extension, Quezon City | VAT 2004-013-357 | TIN 4004-099-951 CHARGED TO: ADDRESS:

GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City


DETAILS

TERMS:

2/10, n/30
UNIT PRICE

5,000 boxes Pencil Plain - Mongol 7,500 pieces Bic Ballpen - Red VAT INCLUDED

70.00 8.50

Received the above products in good order and condition.

BY:

RES. CERTIFICATE NO.:

DATE

Sapphire Corporation
82 Quarry Avenue, Pananaque City | VAT 2004-053-852 | TIN 4004-064-456 CHARGED TO: ADDRESS:

GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City


PARTICULARS

TERMS:

2/10, n/30
UNIT PRICE

5,000 boxes Charcoal Pencil - Staedler 800 pairs Scissors VAT INCLUDED

90.00 12.00

Received the above products in good order and condition. RES. CERTIFICATE NO.: BY:

DATE

GENIUS PAPER PRODUCTS


951 Del Sol Avenue, Pasay City | VAT 2004-005-219 | TIN 4004-0070356 CHARGED TO: ADDRESS: TERMS: GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City 99.150 day note PARTICULARS ORDER NO: DATE: UNIT PRICE

17,000 pads 12 column worksheet - Vernal 15,000 pads 10 column worksheet - Vernal VAT INCLUDED

50.00 50.00

Received the above products in good order and condition. BY: RES. CERTIFICATE NO.: DATE:

GENIUS PAPER PRODUCTS


951 Del Sol Avenue, Pasay City | VAT 2004-005-219 | TIN 4004-0070356 CHARGED TO: ADDRESS: TERMS: GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City 2/10, n/45 PARTICULARS ORDER NO: DATE: UNIT PRICE

7,500 8,500 4,250 3,000

pads Intermediate Pad - Old Mill pads Yellow paper - Old Mill reams Bond Paper - Whitey reams Onion Skin - Milky

15.00 30.00 130.00 110.00

VAT INCLUDED

Received the above products in good order and condition. BY: RES. CERTIFICATE NO.: DATE:

Sapphire Corporation
82 Quarry Avenue, Pananaque City | VAT 2004-053-852 | TIN 4004-064-456 CHARGED TO: ADDRESS:

GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City


PARTICULARS

TERMS:

Cash
UNIT PRICE

350 boxes Thumbtacks - Golden VAT INCLUDED

40.00

Received the above products in good order and condition. RES. CERTIFICATE NO.: BY:

DATE

arboleda company, inc.


456 Quezon Boulevard Extension, Quezon City | VAT 2004-013-357 | TIN 4004-099-951 CHARGED TO: ADDRESS:

GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City


DETAILS

TERMS:

Cash
UNIT PRICE

600 bottles Quink Ink VAT INCLUDED

57.00

Received the above products in good order and condition. RES. CERTIFICATE NO.: BY:

DATE

arboleda company, inc.


456 Quezon Boulevard Extension, Quezon City | VAT 2004-013-357 | TIN 4004-099-951 CHARGED TO: ADDRESS:

GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City


DETAILS

TERMS:

Cash
UNIT PRICE

5,000 meters Plastic Cover VAT INCLUDED

17.50

Received the above products in good order and condition. RES. CERTIFICATE NO.: BY:

DATE

GENIUS PAPER PRODUCTS


951 Del Sol Avenue, Pasay City | VAT 2004-005-219 | TIN 4004-0070356 CHARGED TO: ADDRESS: TERMS: GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City Cash PARTICULARS ORDER NO: DATE: UNIT PRICE

2,500 pieces Folders - Regular 2,000 pieces Folders - Long VAT INCLUDED

2.50 3.50

Received the above products in good order and condition. BY: RES. CERTIFICATE NO.: DATE:

arboleda company, inc.


456 Quezon Boulevard Extension, Quezon City | VAT 2004-013-357 | TIN 4004-099-951 CHARGED TO: ADDRESS:

GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City


DETAILS

TERMS:

2/10, n/30
UNIT PRICE

10,000 pieces Bic Ballpen - Blue VAT INCLUDED

8.50

Received the above products in good order and condition. RES. CERTIFICATE NO.: BY:

DATE

Sapphire Corporation
82 Quarry Avenue, Pananaque City | VAT 2004-053-852 | TIN 4004-064-456 CHARGED TO: ADDRESS:

GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City


PARTICULARS

TERMS:

n/30
UNIT PRICE

10,000 pieces Bic Ballpen - Black VAT INCLUDED

8.50

Received the above products in good order and condition. RES. CERTIFICATE NO.: BY:

DATE

GENIUS PAPER PRODUCTS


951 Del Sol Avenue, Pasay City | VAT 2004-005-219 | TIN 4004-0070356 CHARGED TO: ADDRESS: TERMS: GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City 2/10, n/45 PARTICULARS ORDER NO: DATE: UNIT PRICE

2,500 Cartolina Rolls 2,000 Art Paper Reams VAT INCLUDED

8.50 145.00

Received the above products in good order and condition. BY: RES. CERTIFICATE NO.: DATE:

arboleda company, inc.


456 Quezon Boulevard Extension, Quezon City | VAT 2004-013-357 | TIN 4004-099-951 CHARGED TO: ADDRESS:

GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City


DETAILS

TERMS:

Cash
UNIT PRICE

5,000 pieces Fastener VAT INCLUDED

1.00

Received the above products in good order and condition. RES. CERTIFICATE NO.: BY:

DATE

GENIUS PAPER PRODUCTS


951 Del Sol Avenue, Pasay City | VAT 2004-005-219 | TIN 4004-0070356 CHARGED TO: ADDRESS: TERMS: GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City 2/10, n/30 PARTICULARS ORDER NO: DATE: UNIT PRICE

4,000 pieces Thick leaved notebook

32.50

VAT INCLUDED

Received the above products in good order and condition. BY: RES. CERTIFICATE NO.: DATE:

Sapphire Corporation
82 Quarry Avenue, Pananaque City | VAT 2004-053-852 | TIN 4004-064-456 CHARGED TO: ADDRESS:

GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City


PARTICULARS

TERMS:

n/15
UNIT PRICE

350 boxes Paper Clips - Silver VAT INCLUDED

35.00

Received the above products in good order and condition. RES. CERTIFICATE NO.: BY:

DATE

arboleda company, inc.


456 Quezon Boulevard Extension, Quezon City | VAT 2004-013-357 | TIN 4004-099-951 CHARGED TO: ADDRESS:

GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City


DETAILS

TERMS:

1/10, n/20
UNIT PRICE

250 pieces Fountain Pen - Pilot

103.00

VAT INCLUDED

Received the above products in good order and condition. RES. CERTIFICATE NO.: BY:

DATE

GENIUS PAPER PRODUCTS


951 Del Sol Avenue, Pasay City | VAT 2004-005-219 | TIN 4004-0070356 CHARGED TO: ADDRESS: TERMS: GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City Cash PARTICULARS ORDER NO: DATE: UNIT PRICE

450 boxes Carbon Paper VAT INCLUDED

100.00

Received the above products in good order and condition. BY: RES. CERTIFICATE NO.: DATE:

Sapphire Corporation
82 Quarry Avenue, Pananaque City | VAT 2004-053-852 | TIN 4004-064-456 CHARGED TO: ADDRESS:

GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City


PARTICULARS

TERMS:

Cash
UNIT PRICE

650 boxes Typewriter Ribbon - Roll-O VAT INCLUDED

20.50

Received the above products in good order and condition. RES. CERTIFICATE NO.: BY:

DATE

GENIUS PAPER PRODUCTS


951 Del Sol Avenue, Pasay City | VAT 2004-005-219 | TIN 4004-0070356 CHARGED TO: ADDRESS: TERMS: GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City 2/10, n/30 PARTICULARS ORDER NO: DATE: UNIT PRICE

6,000 pieces Thin leaved notebook VAT INCLUDED

27.50

Received the above products in good order and condition. BY: RES. CERTIFICATE NO.: DATE:

arboleda company, inc.


456 Quezon Boulevard Extension, Quezon City | VAT 2004-013-357 | TIN 4004-099-951 CHARGED TO: ADDRESS:

GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City


DETAILS

TERMS:

1/10, n/15
UNIT PRICE

850 bottles Elmer's Glue VAT INCLUDED

22.50

Received the above products in good order and condition. RES. CERTIFICATE NO.: BY:

DATE

GENIUS PAPER PRODUCTS


951 Del Sol Avenue, Pasay City | VAT 2004-005-219 | TIN 4004-0070356 CHARGED TO: ADDRESS: TERMS: GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City 2/10, n/30 PARTICULARS ORDER NO: DATE: UNIT PRICE

500 boxes Charcoal Pencil 1,300 reams bond paper - Whitey 1,500 pieces Bic ballpen - Black 1,500 pieces Bic ballpen - Blue 1,500 pieces Bic ballpen - Red VAT INCLUDED

90.00 130.00 8.50 8.50 8.50

Received the above products in good order and condition. BY: RES. CERTIFICATE NO.: DATE:

arboleda company, inc.


456 Quezon Boulevard Extension, Quezon City | VAT 2004-013-357 | TIN 4004-099-951 CHARGED TO:

GRACE CORPORATION

ADDRESS:

12 Ninoy Aquino Avenue, Paranaque City


DETAILS

TERMS: UNIT PRICE

1,000 pads yellow Pad - Old Mill 1,600 bottles Elmer's G;ue 1,200 boxes Typewriter Ribbon - Roll-O 500 reams Bond Paper - Whitey VAT INCLUDED

30.00 22.50 20.50 130.00

Received the above products in good order and condition. RES. CERTIFICATE NO.: BY:

DATE

Sapphire Corporation
82 Quarry Avenue, Pananaque City | VAT 2004-053-852 | TIN 4004-064-456 CHARGED TO: ADDRESS:

GRACE CORPORATION 12 Ninoy Aquino Avenue, Paranaque City


PARTICULARS

TERMS: UNIT PRICE

250 pads Yellow Pad - Old Mill 100 reams Bond Paper - Whitey 2,500 pcs. Bic Ballpen - Black 3,000 pcs. Bic Ballpen - Black 2,000 pcs. Bic Ballpen - Black VAT INCLUDED

30.00 130.00 8.50 8.50 8.50

Received the above products in good order and condition. RES. CERTIFICATE NO.: BY:

DATE

TS
2 December 2004 UNIT PRICE

No. 111

AMOUNT

50.00 50.00

750,000.00 675,000.00 1,425,000.00

ISSUED AT:

No.
DATE: ORDER NO.: UNIT PRICE

101

1 December 2004
AMOUNT

70.00 8.50

350,000.00 63,750.00 413,750.00

ISSUED AT:

No.
DATE: ORDER NO.: UNIT PRICE

1082

Dec. 3, 2004
AMOUNT

90.00 12.00

450,000.00 9,600.00 459,600.00

ISSUED AT:

TS
6 December 2004 UNIT PRICE

No. 127

AMOUNT

50.00 50.00

850,000.00 750,000.00 1,600,000.00

ISSUED AT:

TS
10 December 2004 UNIT PRICE

No. 130

AMOUNT

15.00 30.00 130.00 110.00

112,500.00 255,000.00 552,500.00 330,000.00 1,250,000.00

ISSUED AT:

No.
DATE: ORDER NO.: UNIT PRICE

1090

Dec. 12, 2004


AMOUNT

40.00

P P

14,000.00 14,000.00

ISSUED AT:

No.
DATE: ORDER NO.: UNIT PRICE

107

7 December 2004
AMOUNT

57.00

P P

34,200.00 34,200.00

ISSUED AT:

No.
DATE: ORDER NO.: UNIT PRICE

112

9 December 2004
AMOUNT

17.50

P P

87,500.00 87,500.00

ISSUED AT:

TS
15 December 2004 UNIT PRICE

No. 135

AMOUNT

2.50 3.50

6,250.00 7,000.00 13,250.00

ISSUED AT:

No.
DATE: ORDER NO.: UNIT PRICE

117

16 December 2004
AMOUNT

8.50

P P

85,000.00 85,000.00

ISSUED AT:

No.
DATE: ORDER NO.: UNIT PRICE

1095

Dec. 8, 2004
AMOUNT

8.50

P P

85,000.00 85,000.00

ISSUED AT:

TS
20 December 2004 UNIT PRICE

No. 140

AMOUNT

8.50 145.00

19,125.00 108,750.00 127,875.00

correct amount 21,250.00 290,000.00 311,250.00

ISSUED AT:

No.
DATE: ORDER NO.: UNIT PRICE

120

21 December 2004
AMOUNT

1.00

P P

5,000.00 5,000.00

ISSUED AT:

TS
22 December 2004 UNIT PRICE

No. 145

AMOUNT

32.50

130,000.00

130,000.00

ISSUED AT:

No.
DATE: ORDER NO.: UNIT PRICE

1099

Dec. 23, 2004


AMOUNT

35.00

P P

12,250.00 12,250.00

ISSUED AT:

No.
DATE: ORDER NO.: UNIT PRICE

127

24 December 2004
AMOUNT

103.00

25,750.00

25,750.00

ISSUED AT:

TS
15 December 2004 UNIT PRICE

No. 147

AMOUNT

100.00

P P

45,000.00 45,000.00

ISSUED AT:

No.
DATE: ORDER NO.: UNIT PRICE

1100

Dec. 27, 2004


AMOUNT

20.50

P P

19,125.00 19,125.00

ISSUED AT:

TS
28 December 2004 UNIT PRICE

No. 151

AMOUNT

27.50

P P

165,000.00 165,000.00

ISSUED AT:

No.
DATE: ORDER NO.: UNIT PRICE

130

29 December 2004
AMOUNT

22.50

P P

19,125.00 19,125.00

ISSUED AT:

TS
29 December 2004 UNIT PRICE

No. 7729

AMOUNT

90.00 130.00 8.50 8.50 8.50

450.00 169,000.00 127,500.00 127,500.00 4,250.00 165,000.00

ISSUED AT:

No.
DATE:

825

30 December 2004

ORDER NO.: UNIT PRICE AMOUNT

30.00 22.50 20.50 130.00

30,000.00 36,000.00 24,600.00 65,000.00 155,600.00

ISSUED AT:

No.
DATE: ORDER NO.: UNIT PRICE

770

Jan. 3, 2005
AMOUNT

30.00 130.00 8.50 8.50 8.50

7,500.00 13,000.00 21,250.00 25,500.00 17,000.00 84,250.00

ISSUED AT:

or

correct number of pieces 2250 750

correct amount 13,325.00

correct figures 45,000.00 169,000.00 12,750.00 12,750.00 12,750.00 252,250.00

Page B71

PCI Bank
ACCOUNT NUMBER ACCOUNT NUMBER

CURRENT ACCOUNT DEPOSIT SLIP For Cash Deposits and Regular Clearing only (On-Us and Other Bank's Checks)

PCI Bank
ACCOUNT NUMBER ACCOUNT NUMBER

4 4 8 6

9 1 5 6
DATE

8 0

28 December 2004

GRACE CORPORATION
TELLER'S VALIDATION: TELLER'S VALIDATION:

GRACE CO

THIS SERVES YOUR RECEIPT WHEN VALIDATED THIS DEPOSIT IS SUBJECT TO THE TERMS AND CONDITION COVERING THE ACCOUNT PLEASE ENDORSE AND LIST EACH CHECK PROPERLY

THIS SERVES YOUR

THIS DEPOSIT IS SUBJECT TO THE TERM

NO. OF PIECES

LOCAL CLEARING CHECKS

Page B71

NAME OF BANK / BRANCH

CHECK NO.

AMOUNT

RCBC

481216

2,625,000.00

CASH DEPOSIT TOTAL


PCI BANK CHECKS AND OTHER BANKS' CHECKS

2,625,000.00

LOCAL CLE DRAFT/CASHIER'S CHECK

PLEASE ENDORSE AND

REGIONAL & INTERNATIONAL CLEARING CHECKS - PMO's / RPTW's

TOTAL

REGIONAL CLEARING AND RPTW's AND PMO's

TOTAL DEPOSIT
Page B71

P P

CHECK DEPOSIT

2,625,000.00

TOTAL DEPOSIT

PCI Bank
ACCOUNT NUMBER ACCOUNT NUMBER

CURRENT ACCOUNT DEPOSIT SLIP For Cash Deposits and Regular Clearing only (On-Us and Other Bank's Checks)

PCI Bank
ACCOUNT NUMBER ACCOUNT NUMBER

4 4 8 6

9 1 5 6
DATE

8 0

28 December 2004

GRACE CORPORATION
TELLER'S VALIDATION: TELLER'S VALIDATION:

GRACE CO

THIS IS YOUR RECEIPT WHEN VALIDATED RECEIVED BY:


THIS DEPOSIT IS SUBJECT TO THE TERMS AND CONDITIONS COVERING THE ACCOUNT

THIS IS YOUR REC RECEIVED BY:

THIS AND C

MACHINE PRINT..

MACHINE PRINT

Page B71

PCI

12.28.04

2,625,000.00

PCI

Page B72 Page B71

DATE

TELLER NUMBER

RECEIPT NUMBER

PHILIPPINE CURRENCY

DATE

TELLER

TELLER

PCI Bank
ACCOUNT NUMBER ACCOUNT NUMBER

CURRENT ACCOUNT DEPOSIT SLIP For Cash Deposits and Regular Clearing only (On-Us and Other Bank's Checks)

PCI Bank
ACCOUNT NUMBER ACCOUNT NUMBER

4 4 8 6

9 1 5 6
DATE

8 0

23 December 2004

GRACE CORPORATION
TELLER'S VALIDATION: TELLER'S VALIDATION:

GRACE CO

THIS SERVES YOUR RECEIPT WHEN VALIDATED THIS DEPOSIT IS SUBJECT TO THE TERMS AND CONDITION COVERING THE ACCOUNT

THIS SERVES YOUR

THIS DEPOSIT IS SUBJECT TO THE TERM

Page B72

PLEASE ENDORSE AND LIST EACH CHECK PROPERLY

NO. OF PIECES

LOCAL CLEARING CHECKS NAME OF BANK / BRANCH CHECK NO. AMOUNT

PCIB

481265

980,000.00

CASH DEPOSIT TOTAL


PCI BANK CHECKS AND OTHER BANKS' CHECKS

980,000.00
PNB

LOCAL CLE CHECK / DRAFT

PLEASE ENDORSE AND

REGIONAL & INTERNATIONAL CLEARING CHECKS - PMO's / RPTW's

TOTAL

REGIONAL CLEARING AND RPTW's AND PMO's

P P

CHECK DEPOSIT

TOTAL DEPOSIT
Page B72

980,000.00

TOTAL DEPOSIT

PCI Bank
ACCOUNT NUMBER ACCOUNT NUMBER

CURRENT ACCOUNT DEPOSIT SLIP For Cash Deposits and Regular Clearing only (On-Us and Other Bank's Checks)

PCI Bank
ACCOUNT NUMBER ACCOUNT NUMBER

4 4 8 6

9 1 5 6
DATE

8 0

23 December 2004

GRACE CORPORATION
TELLER'S VALIDATION: TELLER'S VALIDATION:

GRACE CO

THIS IS YOUR RECEIPT WHEN VALIDATED RECEIVED BY:


THIS DEPOSIT IS SUBJECT TO THE TERMS AND CONDITIONS COVERING THE ACCOUNT

THIS IS YOUR REC RECEIVED BY:

THIS AND C

MACHINE PRINT..

MACHINE PRINT

Page B73 Page B72

PCI
DATE

12.23.04
TELLER NUMBER

P
RECEIPT NUMBER

980,000.00
PHILIPPINE CURRENCY

PCI
DATE

TELLER

TELLER

PCI Bank
ACCOUNT NUMBER ACCOUNT NUMBER

CURRENT ACCOUNT DEPOSIT SLIP For Cash Deposits and Regular Clearing only (On-Us and Other Bank's Checks)

PCI Bank
ACCOUNT NUMBER ACCOUNT NUMBER

4 4 8 6

9 1 5 6
DATE

8 0

16 December 2004

GRACE CORPORATION
TELLER'S VALIDATION: TELLER'S VALIDATION:

GRACE CO

THIS SERVES YOUR RECEIPT WHEN VALIDATED THIS DEPOSIT IS SUBJECT TO THE TERMS AND CONDITION COVERING THE ACCOUNT

THIS SERVES YOUR

THIS DEPOSIT IS SUBJECT TO THE TERM

Page B73

PLEASE ENDORSE AND LIST EACH CHECK PROPERLY

NO. OF PIECES

LOCAL CLEARING CHECKS NAME OF BANK / BRANCH CHECK NO. AMOUNT

BPI RCBC

249169 876521

845,000.00 410,000.00

CASH DEPOSIT TOTAL


PCI BANK CHECKS AND OTHER BANKS' CHECKS

1,255,000.00
RCBC PCIB

LOCAL CLE CHECK / DRAFT

PLEASE ENDORSE AND

REGIONAL & INTERNATIONAL CLEARING CHECKS - PMO's / RPTW's

TOTAL

REGIONAL CLEARING AND RPTW's AND PMO's

P P

CHECK DEPOSIT

TOTAL DEPOSIT
Page B73

1,255,000.00

TOTAL DEPOSIT

PCI Bank

CURRENT ACCOUNT DEPOSIT SLIP For Cash Deposits and Regular Clearing only (On-Us and Other Bank's Checks)

PCI Bank

Page B73

ACCOUNT NUMBER ACCOUNT NUMBER

4 4 8 6

9 1 5 6
DATE

8 0

ACCOUNT NUMBER ACCOUNT NUMBER

16 December 2004

GRACE CORPORATION
TELLER'S VALIDATION: TELLER'S VALIDATION:

GRACE CO

THIS IS YOUR RECEIPT WHEN VALIDATED RECEIVED BY:


THIS DEPOSIT IS SUBJECT TO THE TERMS AND CONDITIONS COVERING THE ACCOUNT

THIS IS YOUR REC RECEIVED BY:

THIS AND C

MACHINE PRINT..

MACHINE PRINT

Page B74 Page B73

PCI
DATE

12.16.04
TELLER NUMBER

P
RECEIPT NUMBER

1,255,000.00
PHILIPPINE CURRENCY

PCI
DATE

TELLER

TELLER

PCI Bank
ACCOUNT NUMBER ACCOUNT NUMBER

CURRENT ACCOUNT DEPOSIT SLIP For Cash Deposits and Regular Clearing only (On-Us and Other Bank's Checks)

PCI Bank
ACCOUNT NUMBER ACCOUNT NUMBER

4 4 8 6

9 1 5 6
DATE

8 0

9 December 2004

GRACE CORPORATION
TELLER'S VALIDATION: TELLER'S VALIDATION:

GRACE CO

THIS SERVES YOUR RECEIPT WHEN VALIDATED

THIS SERVES YOUR

Page B74

THIS DEPOSIT IS SUBJECT TO THE TERMS AND CONDITION COVERING THE ACCOUNT PLEASE ENDORSE AND LIST EACH CHECK PROPERLY

THIS DEPOSIT IS SUBJECT TO THE TERM

PLEASE ENDORSE AND

LOCAL CLEARING CHECKS NAME OF BANK / BRANCH CHECK NO. AMOUNT NAME OF BANK / BRANCH

LOCAL CLE

PCIB CBC

4825 123498

500,000.00 490,000.00

BPI RCBC

TOTAL

PCI BANK CHECKS AND OTHER BANKS' CHECKS

990,000.00

TOTAL

REGIONAL & INTERNATIONAL CLEARING CHECKS - PMO's / RPTW's

REGIONAL & INTERNATIONAL C

B74

TOTAL

REGIONAL CLEARING AND RPTW's AND PMO's

P P

TOTAL

TOTAL DEPOSIT
Page B74

990,000.00

TOTAL DEPOSIT

PCI Bank
ACCOUNT NUMBER ACCOUNT NUMBER

CURRENT ACCOUNT DEPOSIT SLIP For Cash Deposits and Regular Clearing only (On-Us and Other Bank's Checks)

PCI Bank
ACCOUNT NUMBER ACCOUNT NUMBER

4 4 8 6

9 1 5 6
DATE

8 0

9 December 2004

GRACE CORPORATION
TELLER'S VALIDATION: TELLER'S VALIDATION:

GRACE CO

THIS IS YOUR RECEIPT WHEN VALIDATED RECEIVED BY:


THIS DEPOSIT IS SUBJECT TO THE TERMS AND CONDITIONS COVERING THE ACCOUNT

THIS IS YOUR REC RECEIVED BY:

THIS AND C

MACHINE PRINT..

MACHINE PRINT

Page B75 Page B74

PCI
DATE

12.09.04
TELLER NUMBER

P
RECEIPT NUMBER

990,000.00
PHILIPPINE CURRENCY

PCI
DATE

TELLER

TELLER

PCI Bank
ACCOUNT NUMBER ACCOUNT NUMBER

CURRENT ACCOUNT DEPOSIT SLIP For Cash Deposits and Regular Clearing only (On-Us and Other Bank's Checks)

PCI Bank
ACCOUNT NUMBER ACCOUNT NUMBER

4 4 8 6

9 1 5 6
DATE

8 0

6 December 2004

GRACE CORPORATION
TELLER'S VALIDATION: TELLER'S VALIDATION:

GRACE CO

THIS SERVES YOUR RECEIPT WHEN VALIDATED

THIS SERVES YOUR

Page B75

THIS DEPOSIT IS SUBJECT TO THE TERMS AND CONDITION COVERING THE ACCOUNT PLEASE ENDORSE AND LIST EACH CHECK PROPERLY

THIS DEPOSIT IS SUBJECT TO THE TERM

PLEASE ENDORSE AND

LOCAL CLEARING CHECKS NAME OF BANK / BRANCH CHECK NO. AMOUNT NAME OF BANK / BRANCH

LOCAL CLE

SBTC

928421

362,600.00

PNB RCBC

TOTAL

PCI BANK CHECKS AND OTHER BANKS' CHECKS

362,600.00

TOTAL

REGIONAL & INTERNATIONAL CLEARING CHECKS - PMO's / RPTW's

REGIONAL & INTERNATIONAL C

TOTAL

REGIONAL CLEARING AND RPTW's AND PMO's

P P

TOTAL

TOTAL DEPOSIT
Page B75

362,600.00

TOTAL DEPOSIT

PCI Bank
ACCOUNT NUMBER ACCOUNT NUMBER

CURRENT ACCOUNT DEPOSIT SLIP For Cash Deposits and Regular Clearing only (On-Us and Other Bank's Checks)

PCI Bank
ACCOUNT NUMBER ACCOUNT NUMBER

4 4 8 6

9 1 5 6
DATE

8 0

6 December 2004

GRACE CORPORATION
TELLER'S VALIDATION: TELLER'S VALIDATION:

GRACE CO

THIS IS YOUR RECEIPT WHEN VALIDATED RECEIVED BY:


THIS DEPOSIT IS SUBJECT TO THE TERMS AND CONDITIONS COVERING THE ACCOUNT

THIS IS YOUR REC RECEIVED BY:

THIS AND C

MACHINE PRINT..

MACHINE PRINT

Page B75

PCI
DATE

12.06.04
TELLER NUMBER

P
RECEIPT NUMBER

362,600.00
PHILIPPINE CURRENCY

PCI
DATE

TELLER

TELLER

END OF DEPOSIT SLIPS

CURRENT ACCOUNT DEPOSIT SLIP For Cash Deposits and Regular Clearing only (On-Us and Other Bank's Checks)

4 8 6

9 1 5 6
DATE

8 0

5 January 2005

GRACE CORPORATION

S VALIDATION:

THIS SERVES YOUR RECEIPT WHEN VALIDATED THIS DEPOSIT IS SUBJECT TO THE TERMS AND CONDITION COVERING THE ACCOUNT

O. OF PIECES

DENOMINATION

AMOUNT

500.00 200.00 100.00 50.00 20.00

CASH DEPOSIT

85,113.00
AMOUNT

LOCAL CLEARING CHECKS


PLEASE ENDORSE AND LIST EACH CHECK PROPERLY

CASHIER'S CHECK

DENOMINATION

CHECK DEPOSIT

AL DEPOSIT

P P

85,113.00

4 8 6

9 1 5 6
DATE

8 0

5 January 2005

GRACE CORPORATION

S VALIDATION:

THIS IS YOUR RECEIPT WHEN VALIDATED


THIS DEPOSIT IS SUBJECT TO THE TERMS AND CONDITIONS COVERING THE ACCOUNT

MACHINE PRINT..

Page B71

01.05.05

85,113.00

Page B71

CURRENT ACCOUNT DEPOSIT SLIP For Cash Deposits and Regular Clearing only (On-Us and Other Bank's Checks)

Page B71

1,000.00

Page B71

DATE

TELLER NUMBER

RECEIPT NUMBER

PHILIPPINE CURRENCY

CURRENT ACCOUNT DEPOSIT SLIP For Cash Deposits and Regular Clearing only (On-Us and Other Bank's Checks)

4 8 6

9 1 5 6
DATE

8 0

23 December 2004

GRACE CORPORATION

S VALIDATION:

THIS SERVES YOUR RECEIPT WHEN VALIDATED THIS DEPOSIT IS SUBJECT TO THE TERMS AND CONDITION COVERING THE ACCOUNT

1,000.00 500.00 200.00 100.00 50.00 20.00

CASH DEPOSIT

4,625.00
AMOUNT

LOCAL CLEARING CHECKS


PLEASE ENDORSE AND LIST EACH CHECK PROPERLY

HECK / DRAFT

DENOMINATION

510152

187,200.00

CHECK DEPOSIT

P P

187,200.00

AL DEPOSIT

191,825.00
Page B72

CURRENT ACCOUNT DEPOSIT SLIP For Cash Deposits and Regular Clearing only (On-Us and Other Bank's Checks)

4 8 6

9 1 5 6
DATE

8 0

23 December 2004

GRACE CORPORATION

S VALIDATION:

Page B72

O. OF PIECES

DENOMINATION

AMOUNT

Page B72 Page B71

THIS IS YOUR RECEIPT WHEN VALIDATED


THIS DEPOSIT IS SUBJECT TO THE TERMS AND CONDITIONS COVERING THE ACCOUNT

MACHINE PRINT..

DATE

TELLER NUMBER

RECEIPT NUMBER

PHILIPPINE CURRENCY

CURRENT ACCOUNT DEPOSIT SLIP For Cash Deposits and Regular Clearing only (On-Us and Other Bank's Checks)

4 8 6

9 1 5 6
DATE

8 0

23 December 2004

GRACE CORPORATION

S VALIDATION:

THIS SERVES YOUR RECEIPT WHEN VALIDATED THIS DEPOSIT IS SUBJECT TO THE TERMS AND CONDITION COVERING THE ACCOUNT

1,000.00 500.00 200.00 100.00 50.00 20.00

CASH DEPOSIT

56,874.00
AMOUNT

LOCAL CLEARING CHECKS


PLEASE ENDORSE AND LIST EACH CHECK PROPERLY

HECK / DRAFT

DENOMINATION

C B CHECK DEPOSIT

369125 246810

681,000.00 757,500.00

P P

1,438,500.00

AL DEPOSIT

1,495,374.00
Page B73

CURRENT ACCOUNT DEPOSIT SLIP For Cash Deposits and Regular Clearing only (On-Us and Other Bank's Checks)

Page B73

O. OF PIECES

DENOMINATION

AMOUNT

Page B73 Page B72

12.23.04

191,825.00

4 8 6

9 1 5 6
DATE

8 0

23 December 2004

GRACE CORPORATION

S VALIDATION:

THIS IS YOUR RECEIPT WHEN VALIDATED


THIS DEPOSIT IS SUBJECT TO THE TERMS AND CONDITIONS COVERING THE ACCOUNT

MACHINE PRINT..

DATE

TELLER NUMBER

RECEIPT NUMBER

PHILIPPINE CURRENCY

CURRENT ACCOUNT DEPOSIT SLIP For Cash Deposits and Regular Clearing only (On-Us and Other Bank's Checks)

4 8 6

9 1 5 6
DATE

8 0

13 December 2004

GRACE CORPORATION

S VALIDATION:

THIS SERVES YOUR RECEIPT WHEN VALIDATED

PLEASE ENDORSE AND LIST EACH CHECK PROPERLY

LOCAL CLEARING CHECKS CHECK NO. AMOUNT

OF BANK / BRANCH

249169 728465

528,000.00 241,888.00

PCI BANK CHECKS AND OTHER BANKS' CHECKS

769,888.00

EGIONAL & INTERNATIONAL CLEARING CHECKS - PMO's / RPTW's

B74

Page B74

THIS DEPOSIT IS SUBJECT TO THE TERMS AND CONDITION COVERING THE ACCOUNT

Page B74 Page B73

12.23.04

1,495,374.00

Page B73

REGIONAL CLEARING AND RPTW's AND PMO's

P P

AL DEPOSIT

769,888.00
Page B74 Page B75 Page B75 Page B74

CURRENT ACCOUNT DEPOSIT SLIP For Cash Deposits and Regular Clearing only (On-Us and Other Bank's Checks)

4 8 6

9 1 5 6
DATE

8 0

13 December 2004

GRACE CORPORATION

S VALIDATION:

THIS IS YOUR RECEIPT WHEN VALIDATED


THIS DEPOSIT IS SUBJECT TO THE TERMS AND CONDITIONS COVERING THE ACCOUNT

MACHINE PRINT..

12.13.04
DATE TELLER NUMBER

P
RECEIPT NUMBER

769,888.00
PHILIPPINE CURRENCY

CURRENT ACCOUNT DEPOSIT SLIP For Cash Deposits and Regular Clearing only (On-Us and Other Bank's Checks)

4 8 6

9 1 5 6
DATE

8 0

2 December 2004

GRACE CORPORATION

S VALIDATION:

THIS SERVES YOUR RECEIPT WHEN VALIDATED THIS DEPOSIT IS SUBJECT TO THE TERMS AND CONDITION COVERING THE ACCOUNT PLEASE ENDORSE AND LIST EACH CHECK PROPERLY

LOCAL CLEARING CHECKS CHECK NO. AMOUNT

OF BANK / BRANCH

481853 329864

224,500.00 1,038,800.00

PCI BANK CHECKS AND OTHER BANKS' CHECKS

1,263,300.00

EGIONAL & INTERNATIONAL CLEARING CHECKS - PMO's / RPTW's

REGIONAL CLEARING AND RPTW's AND PMO's

P P

AL DEPOSIT

1,263,300.00
Page B75 Page B75

CURRENT ACCOUNT DEPOSIT SLIP For Cash Deposits and Regular Clearing only (On-Us and Other Bank's Checks)

4 8 6

9 1 5 6
DATE

8 0

2 December 2004

GRACE CORPORATION

S VALIDATION:

THIS IS YOUR RECEIPT WHEN VALIDATED


THIS DEPOSIT IS SUBJECT TO THE TERMS AND CONDITIONS COVERING THE ACCOUNT

MACHINE PRINT..

12.02.04
DATE TELLER NUMBER

P
RECEIPT NUMBER

1,263,300.00
PHILIPPINE CURRENCY

SLIPS

PETTY CASH VOUCHER DATE


TO:

LUIGI'S DELI
PARTICULARS

AMOUNT

Representation Expense

TOTAL

P RECEIVED BY:

APPROVED BY: __________________________ PETTY CASH VOUCHER

PAID BY: __________________________

_____________________

DATE
TO:

MOBILSHEL GASOLINE STATION


PARTICULARS

AMOUNT

Gasoline expense for delivery of merchandise to Benitez Merchandising

TOTAL

P RECEIVED BY:

APPROVED BY: __________________________ PETTY CASH VOUCHER

PAID BY: __________________________

_____________________

DATE
TO:

MR. JOSE CASTRO


PARTICULARS

AMOUNT

Transportation expense taxi fare

TOTAL

APPROVED BY: __________________________ PETTY CASH VOUCHER

PAID BY: __________________________

RECEIVED BY:

_____________________

DATE
TO:

MANILA WATER WORKS & SEWERAGE SYSTEM (MWSS)


PARTICULARS

AMOUNT

Water Bill

TOTAL

P RECEIVED BY:

APPROVED BY: __________________________ PETTY CASH VOUCHER

PAID BY: __________________________

_____________________

DATE
TO:

BUREAU OF POSTS
PARTICULARS

AMOUNT

Stamps

TOTAL

P RECEIVED BY:

APPROVED BY: __________________________ PETTY CASH VOUCHER

PAID BY: __________________________

_____________________

DATE
TO:

MOBILSHEL GASOLINE STATION


PARTICULARS

AMOUNT

Gasoline expense premium gasoline

TOTAL

P RECEIVED BY:

APPROVED BY: __________________________ PETTY CASH VOUCHER

PAID BY: __________________________

_____________________

DATE
TO:

JON SANDOVAL
PARTICULARS

AMOUNT

I.O.U.

TOTAL

P RECEIVED BY:

APPROVED BY: __________________________ PETTY CASH VOUCHER

PAID BY: __________________________

_____________________

DATE
TO:

MARICEL PASTOR
PARTICULARS

AMOUNT

I.O.U.

TOTAL

P RECEIVED BY:

APPROVED BY: __________________________

PAID BY: __________________________

_____________________

NO.

0801

December 10, 2004

AMOUNT

2,000.00

2,000.00 RECEIVED BY: __________________________


NO.

0802

December 10, 2004

AMOUNT

2,050.00

2,050.00 RECEIVED BY: __________________________


NO.

0803

December 18, 2004

AMOUNT

250.00

250.00

RECEIVED BY: __________________________


NO.

0804

December 20, 2004

AMOUNT

250.00

250.00 RECEIVED BY: __________________________


NO.

0805

December 21, 2004

AMOUNT

150.00

150.00 RECEIVED BY: __________________________


NO.

0806

December 29, 2004

AMOUNT

2,550.00

2,550.00 RECEIVED BY: __________________________


NO.

0808

December 29, 2004

AMOUNT

250.00

250.00 RECEIVED BY: __________________________


NO.

0807

December 29, 2004

AMOUNT

2,550.00

2,550.00 RECEIVED BY: __________________________

PCI Bank
ACCOUNT NO.: NO. OF CHECKS

4486-9156-80
NAME AND ADDRESS:

18

GRACE CORPORATION 12 Ninoy Aquino Avenue, Paraaque City


CHECKS AMOUNT

DATE

NO.

DEPOSITS

2004 Dec. 1 12340 12342 12338 12344 12345 12348 12347 12350 12346 12351 12353 P 100,000.00 123,500.00 200,000.00 143,000.00 300,000.00 87,500.00 500,000.00 34,200.00 114,900.00 972,750.00 1,554,500.00 1,080,000.00 P 170,500.00 1,263,300.00 362,600.00 990,000.00 RT 769,888.00 500,000.00

2 6 6 9 10 13

CM

13 16 17 23 23 23 23 28 29

1,255,000.00 1,495,374.00

12355 12356 12354 12357 12359 12358 12360

13,250.00 83,300.00 625,000.00 5,000.00 125,315.00 32,500.00 25,000.00 2,500.00 6,122,215.00 980,000.00 191,825.00 7,900,000.00 2,625,000.00 CM

SC

490,000.00 18,993,487.00

CM

2005 Jan. 5

12387 12349

34,200.00 175,000.00

85,113.00 929,550.00

12352 12365 12366 12362 12363 12367 12360

14,000.00 85,000.00 249,750.00 13,325.00 85,000.00 97,000.00 70,000.00

204,475.00 29,725.00

STATEMENT OF ACCOUNT
PAGE NO.:

1/1

BALANCE

1,396,000.00 1,466,500.00 1,343,000.00 2,406,300.00 2,263,300.00 2,325,900.00 3,315,900.00 3,228,400.00 3,498,288.00 3,964,088.00 3,849,188.00 2,876,438.00 2,876,438.00 2,576,938.00 1,496,938.00 2,992,312.00 2,992,312.00 2,979,062.00 3,959,062.00 4,067,587.00 3,442,587.00 11,337,587.00 13,837,272.00 13,804,772.00 13,779,772.00 14,267,272.00

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

GENIUS PAPER PRODUCTS

PESOS

Three hundred thousand pesos only __________________________

PCI Bank
SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount in words: For

GENIUS PAPER PRODUCTS Three hundred thousand pesos only

Downpayment fot merchandise purchased per Invoice No. 111

Date of Check: Prepared by:

December 2, 2004
Checked By: Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

SAPPHIRE CORPORATION

PESOS

Nine hundred seventy two thousand seven hundred fifty pesos __________________________

PCI Bank
SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount in words: For

SAPPHIRE CORPORATION

Nine hundred seventy two thousand seven hundred

Partial payment for Invoice No. 920

Date of Check: Prepared by:

December 5, 2004
Checked By: Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

BUREAU OF INTERNAL REVENUE

PESOS

Thirty four thousand two hundred pesos only __________________________

PCI Bank
SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount in words: For

BUREAU OF INTERNAL REVENUE Thirty four thousand two hundred pesos

Remittance of Novenber 2004 taxes withheld on wages

Date of Check: Prepared by:

December 7, 2004
Checked By: Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

SOCIAL SECURITY SYSTEM

PESOS

Eighty seven thousand five hundred pesos only __________________________

PCI Bank
SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount in words: For

SOCIAL SECURITY SYSTEM

Eighty seven thousand five hundred pesos

Remittance of Medicare, SSS & ECC, Employer's and Employee's contribution

Date of Check: Prepared by:

December 9, 2004
Checked By: Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

ARBOLEDA CO., INC.

PESOS

One hundred seventy five thousand pesos only __________________________

PCI Bank
SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount in words: For

ARBOLEDA CO., INC.

One hundred seventy five thousand pesos

Partial paymenr for invoce No. 101

Date of Check: Prepared by:

December 10, 2004


Checked By: Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

SAPPHIRE CORPORATION

PESOS

One hundred fourteen thousand nine hundred pesos only __________________________

PCI Bank
SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount in words: For

SAPPHIRE CORPORATION One hundred fourteen thousand nine hundred

Partial paymenr for invoce No. 1082

Date of Check: Prepared by:

December 10, 2004


Checked By: Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

ARBOLEDA CO., INC

PESOS

One million five hundred fifty four thousand five hundred pes __________________________

PCI Bank
SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount in words: For

ARBOLEDA CO., INC

One million five hundred fifty four thousand five hun

Full payment of account with Arboleda Co., Inc. per Invoice no. 90

Date of Check: Prepared by:

December 10, 2004


Checked By: Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

CALTEX GAS

PESOS

Fourteen thousand pesos only

PCI Bank
SUCAT ROAD BRANCH

__________________________

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount in words: For

CALTEX GAS Fourteen thousand pesos only

560 liters gasoline

Date of Check: Prepared by:

December 12, 2004


Checked By: Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

PAYMASTER

PESOS

One million eighty thousand pesos only __________________________

PCI Bank

SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount in words: For

CALTEX GAS

One million eighty thousand pesos onl

Salaries for December 1- 15, 2004 Total Less: SSS, Medicare & ECC HDMF Withholding taxes

1,238,760.00 (72,360.00) (21,600.00) (64,800.00)

Date of Check: Prepared by:

December 14, 2004


Checked By: Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

GENIUS PAPER PRODUCTS

PESOS

Six hundred twenty five thousand pesos only __________________________

PCI Bank
SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount in words: For

GENIUS PAPER PRODUCTS Six hundred twenty five thousand pesos

Partial payment per Invoice No. 130

Date of Check: Prepared by:

December 15, 2004


Checked By: Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

MERALCO

PESOS

Thirteen thousand two hundred fifty pesos only __________________________

PCI Bank
SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount in words: For

MERALCO

Thirteen thousand two hundred fifty pesos

Additional electric bill for November 2004

Date of Check: Prepared by:

December 15, 2004


Checked By: Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

ARBOLEDA CO., INC.

PESOS

Eighty three thousand three hundred pesos only __________________________

PCI Bank
SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount in words: For

ARBOLEDA CO., INC.

Eighty three thousand three hundred peso


Full payment of Invoice No. 117 Invoice Price Less: Discount Balance

P P

85,000.00 1,700.00 83,300.00

Date of Check: Prepared by:

December 20, 2004


Checked By: Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

ARCHER SUPPLIES

PESOS

Five thousand pesos only __________________________

PCI Bank
SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175

Payee: Amount in words: For

ARCHER SUPPLIES Five thousand pesos only

500 pieces plastic bags for store supplies

Date of Check: Prepared by:

December 21, 2004


Checked By: Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

GENIUS PAPER PRODUCTS

PESOS

Thirty two thousand five hundred pesos only __________________________

PCI Bank
SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount

GENIUS PAPER PRODUCTS Thirty two thousand five hundred pesos

in words: For

Thirty two thousand five hundred pesos

Partial payment of invoice no. 145 Invoice price 25% payment Balance

130,000.00 32,500.00 97,500.00

Date of Check: Prepared by:

December 26, 2004


Checked By: Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

GENIUS PAPER PRODUCTS

PESOS

One hundred twenty five thousand three hundred fifteen pesos __________________________

PCI Bank
SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount in words: For

GENIUS PAPER PRODUCTS

One hundred twenty five thousand three hundred fif

Partial payment of invoice no. 140 Invoice price Discount Balance

127,875.00 2,560.00 125,315.00

Date of Check: Prepared by:

December 26, 2004


Checked By: Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

GENIUS PAPER PRODUCTS

PESOS

Twenty five thousand pesos only __________________________

PCI Bank
SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount in words: For

GENIUS PAPER PRODUCTS Twenty five thousand pesos only

Full payment of asccount with Arboleda Co., Inc per Invoice No. 90

Date of Check: Prepared by:

December 26, 2004


Checked By: Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

ARBOLEDA CO., INC.

PESOS

Twenty five thousand four hundred ninety pesos only __________________________

PCI Bank
SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount in words: For

ARBOLEDA CO., INC.

Twenty five thousand four hundred ninety pe

Full payment of Invoice No. 127 Invoice price Discount Balance

25,750.00 260.00 25,490.00

Date of Check: Prepared by:

December 26, 2004


Checked By: Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

XYZ ADS

PESOS

Thirteen thousand three hundred twenty five pesos only __________________________

PCI Bank
SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount in words: For

XYZ ADS

Thirteen thousand three hundred twenty five p

100 pieces brochures

Date of Check: Prepared by:

December 27, 2004


Checked By: Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

SAPPHIRE CORPORATION

PESOS

Eighty five thousand pesos only __________________________

PCI Bank
SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount in words: For

XYZ ADS Eighty five thousand pesos only

In payment for Invoice No. 1095

Date of Check:

December 28, 2004

Prepared by:

Checked By:

Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

PAYMASTER

PESOS

Nine hundred forty two thousand eight hundred forty pesos on __________________________

PCI Bank
SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount in words: For

PAYMASTER

Nine hundred forty two thousand eight hundred fo

Payroll for December 16-31 Less: SSS, Medicare & ECC Withholding Taxes HDMF

1,101,600.00 (72,360.00) (64,800.00) (21,600.00)

Date of Check: Prepared by:

December 30, 2004


Checked By: Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

MERALCO

PESOS

Eighty five thousand pesos only __________________________

PCI Bank
SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount in words: For

MERALCO Eighty five thousand pesos only

Meralco bill for the period December 1-31 2004

Date of Check: Prepared by:

January 3, 2005
Checked By: Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

GENIUS PAPER PRODUCTS

PESOS

Two hundred forty nine thousand seven hundred fifty pesos on __________________________

PCI Bank
SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount in words: For

GENIUS PAPER PRODUCTS

Two hundred forty nine thousand seven hundred f

In payment of purchases

Date of Check: Prepared by:

January 3, 2005
Checked By: Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

PCI BANKARD, INC.

PESOS

Ninety seven thousand pesos only __________________________

PCI Bank
SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount in words: For

PCI BANKARD, INC. Ninety seven thousand pesos only

Representation expenses of the president incurred in December 2004

Date of Check: Prepared by:

January 3, 2005
Checked By: Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

MUNICIPALITY OF MANILA

PESOS

Seventy thousand pesos only __________________________

PCI Bank
SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount in words: For

MUNICIPALITY OF MANILA Seventy thousand pesos only

Property taxes for 2004

Date of Check: Prepared by:

January 4, 2005
Checked By: Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

PHILIPPINE LONG DISTANCE COMPANY

PESOS

Fifteen thousand pesos only __________________________

PCI Bank
SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount in words: For

PHILIPPINE LONG DISTANCE COMPANY Fifteen thousand pesos only

Telephone bill for December 2004

Date of Check: Prepared by:

January 4, 2005
Checked By: Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

MWSS

PESOS

Forty eight thousand five hundred pesos only __________________________

PCI Bank
SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount in words: For

MWSS Forty eight thousand five hundred pesos

Water bill for December 2004

Date of Check: Prepared by:

January 4, 2005
Checked By: Approved by:

ACCOUNT NO.

4486-9156-80

ACCOUNT NAME

GRACE CORPORATION

PAY TO THE ORDER OF

ARBOLEDA CO., INC

PESOS

One hundred forty three thousand four hundred fifty pesos onl __________________________

PCI Bank
SUCAT ROAD BRANCH

CORPORATION
VAT 2004-002-148 | TIN 4004-009-175 Payee: Amount in words: For

ARBOLEDA CO., INC

One hundred forty three thousand four hundred fi

In payment of purchases

Date of Check: Prepared by:

January 4, 2005
Checked By: Approved by:

AME

GRACE CORPORATION
DATE

CHECK NO.

12345

December 2, 2004

300,000.00

_________________

__________________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

UCTS

December 2, 2004

undred thousand pesos only

300,000.00

Check No.: Received above amount P

12345

by

Date :

AME

GRACE CORPORATION
DATE

CHECK NO.

12346

December 5, 2004

972,750.00

usand seven hundred fifty pesos only __________________________

_________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

TION

December 5, 2004

wo thousand seven hundred fifty pesos only

972,750.00

Check No.: Received above amount P

12346

by

Date :

AME

GRACE CORPORATION
DATE

CHECK NO.

12347

December 7, 2004

34,200.00

red pesos only __________________________

_________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

EVENUE

December 7, 2004

housand two hundred pesos only

34,200.00

Check No.: Received above amount P

12347

by

Date :

AME

GRACE CORPORATION

CHECK NO.

12348

DATE

December 9, 2004

87,500.00

dred pesos only __________________________

_________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

STEM

December 9, 2004

thousand five hundred pesos only

87,500.00

Check No.: Received above amount P

12348

by

Date :

AME

GRACE CORPORATION
DATE

CHECK NO.

12349

December 10, 2004

175,000.00

sand pesos only __________________________

_________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

C.

December 10, 2004

seventy five thousand pesos only

175,000.00

Check No.: Received above amount P

12349

by

Date :

AME

GRACE CORPORATION
DATE

CHECK NO.

12350

December 10, 2004

114,900.00

d nine hundred pesos only __________________________

_________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

TION

December 10, 2004

een thousand nine hundred pesos only

114,900.00

Check No.: Received above amount P

12350

by

Date :

AME

GRACE CORPORATION
DATE

CHECK NO.

12351

December 10, 2004

1,554,500.00

four thousand five hundred pesos only __________________________

_________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

December 10, 2004

d fifty four thousand five hundred pesos only

1,554,500.00

Check No.: Received above amount P

12351

by

Date :

AME

GRACE CORPORATION
DATE

CHECK NO.

12352

December 12, 2004

14,000.00

_________________

__________________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

December 12, 2004

teen thousand pesos only

14,000.00

Check No.: Received above amount P

12352

by

Date :

AME

GRACE CORPORATION
DATE

CHECK NO.

12353

December 14, 2004

1,080,000.00

_________________

__________________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

December 14, 2004

on eighty thousand pesos only

1,238,760.00 (72,360.00) (21,600.00) (64,800.00)

1,080,000.00

Check No.: Received above amount P

12353

by

Date :

AME

GRACE CORPORATION
DATE

CHECK NO.

12354

December 15, 2004

625,000.00

nd pesos only __________________________

_________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

UCTS

December 15, 2004

twenty five thousand pesos only

625,000.00

Check No.: Received above amount P

12354

by

Date :

AME

GRACE CORPORATION
DATE

CHECK NO.

12355

December 15, 2004

13,250.00

d fifty pesos only __________________________

_________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

December 15, 2004

sand two hundred fifty pesos only

13,250.00

Check No.: Received above amount P

12355

by

Date :

AME

GRACE CORPORATION
DATE

CHECK NO.

12356

December 20, 2004

83,300.00

ndred pesos only __________________________

_________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

C.

December 20, 2004

housand three hundred pesos only

P P

85,000.00 1,700.00 83,300.00 P 83,300.00

Check No.: Received above amount P

12356

by

Date :

AME

GRACE CORPORATION
DATE

CHECK NO.

12357

December 21, 2004

5,000.00

_________________

__________________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph

Date:

December 21, 2004

ve thousand pesos only

5,000.00

Check No.: Received above amount P by :

12357

Date :

AME

GRACE CORPORATION
DATE

CHECK NO.

12358

December 26, 2004

32,500.00

red pesos only __________________________

_________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

UCTS

December 26, 2004

housand five hundred pesos only

housand five hundred pesos only

32,500.00

Check No.: Received above amount P by :

12358

Date :

AME

GRACE CORPORATION
DATE

CHECK NO.

12359

December 26, 2004

125,315.00

and three hundred fifteen pesos only __________________________

_________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

UCTS

December 26, 2004

e thousand three hundred fifteen pesos only

125,315.00

Check No.: Received above amount P by :

12359

Date :

AME

GRACE CORPORATION
DATE

CHECK NO.

12360

December 26, 2004

25,000.00

_________________

__________________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

UCTS

December 26, 2004

y five thousand pesos only

25,000.00

Check No.: Received above amount P by :

12360

Date :

AME

GRACE CORPORATION
DATE

CHECK NO.

12361

December 26, 2004

25,490.00

dred ninety pesos only __________________________

_________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

C.

December 26, 2004

sand four hundred ninety pesos only

25,490.00

Check No.: Received above amount P by :

12361

Date :

AME

GRACE CORPORATION
DATE

CHECK NO.

12362

December 27, 2004

13,325.00

ed twenty five pesos only __________________________

_________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

December 27, 2004

three hundred twenty five pesos only

13,325.00

Check No.: Received above amount P by :

12362

Date :

AME

GRACE CORPORATION
DATE

CHECK NO.

12363

December 28, 2004

85,000.00

_________________

__________________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

December 28, 2004

y five thousand pesos only

85,000.00

Check No.:

12363

Received above amount P by :

Date :

AME

GRACE CORPORATION
DATE

CHECK NO.

12364

December 30, 2004

942,840.00

nd eight hundred forty pesos only __________________________

_________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

December 28, 2004

o thousand eight hundred forty pesos only

942,840.00

Check No.: Received above amount P by :

12364

Date :

AME

GRACE CORPORATION
DATE

CHECK NO.

12365

January 3, 2005

85,000.00

_________________

__________________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

January 3, 2005

y five thousand pesos only

85,000.00

Check No.: Received above amount P by :

12365

Date :

AME

GRACE CORPORATION
DATE

CHECK NO.

12366

January 3, 2005

249,750.00

nd seven hundred fifty pesos only __________________________

_________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

UCTS

January 3, 2005

e thousand seven hundred fifty pesos only

249,750.00

Check No.: Received above amount P by :

12366

Date :

AME

GRACE CORPORATION
DATE

CHECK NO.

12367

January 3, 2005

97,000.00

_________________

__________________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

C.

December 26, 2004

seven thousand pesos only

97,000.00

Check No.: Received above amount P by :

12367

Date :

AME

GRACE CORPORATION
DATE

CHECK NO.

12368

January 4, 2005

70,000.00

_________________

__________________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

NILA

January 4, 2005

nty thousand pesos only

70,000.00

Check No.: Received above amount P by :

12368

Date :

AME

GRACE CORPORATION

CHECK NO.

12369

DATE

January 4, 2005

CE COMPANY

15,000.00

_________________

__________________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

E COMPANY

January 4, 2005

een thousand pesos only

15,000.00

Check No.: Received above amount P by :

12369

Date :

AME

GRACE CORPORATION
DATE

CHECK NO.

12370

January 4, 2005

48,500.00

red pesos only __________________________

_________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

January 4, 2005

housand five hundred pesos only

48,500.00

Check No.: Received above amount P by :

12370

Date :

AME

GRACE CORPORATION
DATE

CHECK NO.

12371

January 4, 2005

143,450.00

and four hundred fifty pesos only __________________________

_________________

CASH VOUCHER

No.

##

12 Ninoy Aquino Avenue, Paranaque City | Tel: 632 843 7689 Telefax: 632 843 7690 | Website: www.gracecorporation.biz.ph Date:

January 4, 2005

ee thousand four hundred fifty pesos only

143,450.00

Check No.: Received above amount P by :

12371

Date :