GRACE CORP Book

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
2,500,000.00
Dec. 8 Balance
ACCOUNT
GJ 11
470,000.00 2,970,000.00
Merchandise Inventory
ITEM F DEBIT DATE
DATE

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

ACCOUNT
600,000.00 50,000.00
2004 Dec. 31
Prepaid Insurance
ITEM F DEBIT DATE
DATE

ACCOUNT
600,000.00 50,000.00
2004 Dec. 31
Unused Supplies
ITEM F DEBIT DATE
DATE
300,000.00
ACCOUNT
Input Tax
ITEM F DEBIT DATE
DATE
P PJ 12
1,010,000.00 546,422.00 1,556,422.00
ACCOUNT
Land
ITEM F DEBIT DATE
DATE
16,500,000.00
ACCOUNT
Building
ITEM F DEBIT DATE
DATE
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
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
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
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
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
34,200.00 64,800.00 64,800.00 129,600.00
ACCOUNT NO.
1006
CREDIT
ITEM
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
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
P SJ 12
54,785,500.00 1,861,387.00 56,646,887.00
ACCOUNT
Salaries Expense
ITEM F DEBIT DATE
DATE
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
P CD 12
1,406,862.00 5,000.00 1,411,862.00
ACCOUNT
Taxes and Licenses

ITEM F DEBIT DATE
DATE
910,000.00
ACCOUNT
SSS, Medicare Premiums Expense

ITEM F DEBIT DATE
DATE
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

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

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
GJ 14
650,000.00
ACCOUNT
Depreciation Expense - Furniture and Fixture

ITEM F DEBIT DATE
DATE
GJ 14
355,000.00
ACCOUNT
Depreciation Expense - Transportation Equipment

ITEM F DEBIT DATE
DATE
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
GJ 12
200,000.00
ACCOUNT
Bad Debts Expense

ITEM F DEBIT DATE
DATE
GJ 12
497,811.00
ACCOUNT
Representation Expense
ITEM F DEBIT DATE
DATE
P GJ 12
118,000.00 2,000.00 120,000.00
ACCOUNT
Advertising Expense
ITEM F DEBIT DATE
DATE

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
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
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
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
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
RECEIVED
SI 1251 SI 1254 10,000.00 SI 1259 SI 1262 SI 1263
STOCK CARD
ITEM DESCRIPTION
Fountain Pen Pilot

REFERENCE
DATE
RECEIVED
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
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

REFERENCE
RECEIVED
13,500.00 SI SI SI SI 1254 1256 1261 1263
STOCK CARD
ITEM DESCRIPTION

REFERENCE
RECEIVED
17,000.00 SI SI SI SI SI 1253 1254 1256 1261 1263
STOCK CARD
ITEM DESCRIPTION

REFERENCE
RECEIVED
15,000.00 SI SI SI SI SI 1253 1254 1256 1261 1263
STOCK CARD
ITEM DESCRIPTION
Pad Paper Old Mill - intermediate

REFERENCE
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
RECEIVED
8,500.00 SI SI SI SI SI 1254 1257 1258 1261 1263
STOCK CARD
ITEM DESCRIPTION
Bond Paper Whitey

REFERENCE
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
RECEIVED
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
2004 Nov. 30 Balance Dec. 9 PI 112 12 23
5000 SI 1254 SI 1258
STOCK CARD
ITEM DESCRIPTION
Art Paper
2004 Nov. 30 Balance Dec. 12 20 PI 140 23
SI 1254 750.00 SI 1258
STOCK CARD
ITEM DESCRIPTION
Ink Quink
REFERENCE
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
RECEIVED
SI 1252 SI 1254 2,500.00 SI 1258 SI 1259
STOCK CARD
ITEM DESCRIPTION
Folder Long
REFERENCE
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
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
RECEIVED
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
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
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
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
800.00 SI SI SI SI 1251 1253 1255 1259
STOCK CARD
ITEM DESCRIPTION
Notebook Leaf Thick

REFERENCE
RECEIVED
SI 1255 SI 1257 4,000.00 SI 1258 SI 1262
STOCK CARD
ITEM DESCRIPTION
Notebook Bind Thin

REFERENCE
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
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:

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:
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:

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:

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
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
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
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
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
Signature
Signature
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
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
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
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
NOTE able) December 8, 2004
sixty days after date our hundred seventy thousand ), Philippine Currency at an annual
oy Aquino Ave., Paranaque City
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
NOTE ble) December 1, 2004
ninety days after date ne million nine hundred six ), Philippine Currency at an annual 5 Solana Avenue, Pasay City .
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
NOTE able) December 5, 2004
120 days after date wo million five hundred ), Philippine Currency at an annual oy Aquino Ave., Paranaque City .
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
NOTE ble) December 5, 2004
150 days after date ne million six hundred ), Philippine Currency at an annual 5 Solana Avenue, Pasay City .
Signature
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
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
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
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
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
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
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
50%
2,625,000.00
2,625,000.00
STOCK PAYMENT
25% 75% 100%
1,250,000.00 3,750,000.00 10,000,000.00
5,000,000.00
STOCK PAYMENT
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
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
SARAH B. TUASON
DATE
CERT
2002 Jun. 5 2004 Jan. 10
ALFREDO P. CACHO
DATE
CERT
2002 May. 3 Dec, 15
JOSELITO T. PERON
DATE
CERT
2002 May. 8 Oct. 25
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
1-E 1-H
50,000 100,000
LFREDO P. CACHO
CERTIFICATE ISSUED
1-A 1-G
50,000 100,000
OSELITO T. PERON
CERTIFICATE ISSUED
1-B 1-F
50,000 100,000
UIS G. FRAGANTE
CERTIFICATE ISSUED
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
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


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


DUE TO:
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


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.


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.


DUE TO:
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.

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

AS OF: AMOUNT:
December 31, 2004
1,600,000.00
R. Alano Trading
Conf.No. AR-9
OK

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

AS OF: AMOUNT:
December 31, 2004
1,224,500.00
V. Castro & Co.
Conf.No. AR-1
Balance is correct.

AS OF: AMOUNT:
December 31, 2004
(50,000.00)
Conf.No. AR-7
Balance OK.

AS OF: AMOUNT:
December 31, 2004
575,000.00
lding Blocks, Inc.
Conf.No. AR-17
Balance correct.
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
ef Accountant
ary 10, 2005
Conf. No. AP - 3
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
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
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
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
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
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
VAT 2004-002-148 | TIN 4004-009-175
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
VAT 2004-002-148 | TIN 4004-009-175
Eight hundred forty five thousand pesos only
845,000.00
Total
845,000.00
Received by: TOTAL
Grace
OFFICIAL RECEIPT
No.
CORPORATION
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
VAT 2004-002-148 | TIN 4004-009-175
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
VAT 2004-002-148 | TIN 4004-009-175
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
VAT 2004-002-148 | TIN 4004-009-175
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
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
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
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
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
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
VAT 2004-002-148 | TIN 4004-009-175
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
VAT 2004-002-148 | TIN 4004-009-175
Four hundred eighty four thousand pesos only
484,000.00
Total
484,000.00
Received by: TOTAL
Grace
OFFICIAL RECEIPT
No.
CORPORATION
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
VAT 2004-002-148 | TIN 4004-009-175
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
VAT 2004-002-148 | TIN 4004-009-175
Date: December 31, 2004 Invoice no. 1266
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
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
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
Amount 1,600,000.00
(21,200.00)
1,578,800.00
103
Amount 370,000.00 (7,400.00)
362,600.00
104
Amount 500,000.00
500,000.00
105
Amount 520,000.00 (20,000.00) (10,000.00)
490,000.00
106
Amount 246,825.00 (4,937.00)
241,888.00
107
Amount 528,000.00
528,000.00
108
Amount 845,000.00
845,000.00
109
Amount 410,000.00
410,000.00
110
Amount 58,035.00 (1,161.00)
56,874.00
111
Amount 757,500.00
757,500.00
112
Amount 681,000.00
681,000.00
113
Amount 711,950.00 309,525.00 1,021,475.00
(21,475.00) (20,000.00)
2,001,475.00
114
Amount 75,805.00 111,395.00
187,200.00
115
Amount 4,625.00
4,625.00
116
Amount
2,625,000.00
2,625,000.00
117
Amount 86,850.00 (1,737.00)
85,113.00
118
Amount 484,000.00
484,000.00
119
Amount 165,550.00
165,550.00
120
Amount 186,250.00
186,250.00
121
Amount 93,750.00
93,750.00
122
Amount 204,475.00
204,475.00
123
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
Grace
INVOICE
No.
7 December 2004
CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
Date
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
Grace
INVOICE
No.
10 December 2004
CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
Date
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
Grace
INVOICE
No.
10 December 2004
CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
Date
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
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.
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
INVOICE
No.
17 December 2004
CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
Luli Samson 852 Buendia Ave., Makati City
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
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
December 2004
susan de Leon 482 Rizal Ave., MM
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
INVOICE
No.
CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
23 December 2004
Building blocks, inc 220 Ortigas, Mandaluyong
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
INVOICE
No.
23
CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
December 2004
building blocks, inc. 220 Ortigas, Mandaluyong
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
INVOICE
No.
27
CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
December 2004
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
INVOICE
No.
27
CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
December 2004
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
INVOICE
No.
29
CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
December 2004
Centeno, Antonio and Tantoo, CPAs 296 Frisco St., Novaliches
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
INVOICE
No.
30
CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
December 2004
Eagle Contractors 11 Forbes St., Makati City
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
INVOICE
No.
30 December
CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
2004
Dynasty Construction 30 Rizal Ave., Sta. Cruz, Manila
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
INVOICE
No.
30
CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
December 2004
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
January 2005
Benitez Marketing 582 Kamagong St., Makati City
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
INVOICE
No.
3 January 2005
CORPORATION
VAT 2004-002-148 | TIN 4004-009-175
Luli Samson 852 Buendia Ave., Makati City
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
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
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
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
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
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
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
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
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
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
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
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
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
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
Customer/Receiver
1265
30 December
2004
318
cash
Amount
56,000.00 36,000.00 94,250.00 --------------
186,250.00
Customer/Receiver
1266
30
December 2004
319
2/10, n/30
Amount
43,500.00 188,500.00 -------------
232,000.00
Customer/Receiver
1267
3
January 2005
320
2/10, n/30
Amount
31,250.00 37,500.00 25,000.00
93,750.00
Customer/Receiver
1268
3 January 2005 321
2/10, n/30
Amount
10,875.00 18,850.00
29,725.00
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:

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:

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

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

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

PARTICULARS
TERMS:
Cash
UNIT PRICE
350 boxes Thumbtacks - Golden VAT INCLUDED
40.00
DATE


DETAILS
TERMS:
Cash
UNIT PRICE
600 bottles Quink Ink VAT INCLUDED
57.00
DATE


DETAILS
TERMS:
Cash
UNIT PRICE
5,000 meters Plastic Cover VAT INCLUDED
17.50
DATE

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


DETAILS
TERMS:
2/10, n/30
UNIT PRICE
10,000 pieces Bic Ballpen - Blue VAT INCLUDED
8.50
DATE

PARTICULARS
TERMS:
n/30
UNIT PRICE
10,000 pieces Bic Ballpen - Black VAT INCLUDED
8.50
DATE

2,500 Cartolina Rolls 2,000 Art Paper Reams VAT INCLUDED
8.50 145.00


DETAILS
TERMS:
Cash
UNIT PRICE
5,000 pieces Fastener VAT INCLUDED
1.00
DATE

4,000 pieces Thick leaved notebook
32.50
VAT INCLUDED

PARTICULARS
TERMS:
n/15
UNIT PRICE
350 boxes Paper Clips - Silver VAT INCLUDED
35.00
DATE


DETAILS
TERMS:
1/10, n/20
UNIT PRICE
250 pieces Fountain Pen - Pilot
103.00
VAT INCLUDED
DATE

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

PARTICULARS
TERMS:
Cash
UNIT PRICE
650 boxes Typewriter Ribbon - Roll-O VAT INCLUDED
20.50
DATE

6,000 pieces Thin leaved notebook VAT INCLUDED
27.50


DETAILS
TERMS:
1/10, n/15
UNIT PRICE
850 bottles Elmer's Glue VAT INCLUDED
22.50
DATE

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

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
DATE

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
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.
1082
Dec. 3, 2004
AMOUNT
90.00 12.00
450,000.00 9,600.00 459,600.00
ISSUED AT:
TS
No. 127
AMOUNT
50.00 50.00
850,000.00 750,000.00 1,600,000.00
ISSUED AT:
TS
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.
1090
Dec. 12, 2004

AMOUNT
40.00
P P
14,000.00 14,000.00
ISSUED AT:
No.
107
7 December 2004
AMOUNT
57.00
P P
34,200.00 34,200.00
ISSUED AT:
No.
112
9 December 2004
AMOUNT
17.50
P P
87,500.00 87,500.00
ISSUED AT:
TS
No. 135
AMOUNT
2.50 3.50
6,250.00 7,000.00 13,250.00
ISSUED AT:
No.
117
16 December 2004
AMOUNT
8.50
P P
85,000.00 85,000.00
ISSUED AT:
No.
1095
Dec. 8, 2004
AMOUNT
8.50
P P
85,000.00 85,000.00
ISSUED AT:
TS
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.
120
21 December 2004
AMOUNT
1.00
P P
5,000.00 5,000.00
ISSUED AT:
TS
No. 145
AMOUNT
32.50
130,000.00
130,000.00
ISSUED AT:
No.
1099
Dec. 23, 2004

AMOUNT
35.00
P P
12,250.00 12,250.00
ISSUED AT:
No.
127
24 December 2004
AMOUNT
103.00
25,750.00
25,750.00
ISSUED AT:
TS
No. 147
AMOUNT
100.00
P P
45,000.00 45,000.00
ISSUED AT:
No.
1100
Dec. 27, 2004

AMOUNT
20.50
P P
19,125.00 19,125.00
ISSUED AT:
TS
No. 151
AMOUNT
27.50
P P
165,000.00 165,000.00
ISSUED AT:
No.
130
29 December 2004
AMOUNT
22.50
P P
19,125.00 19,125.00
ISSUED AT:
TS
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.
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
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
PCI Bank
4 4 8 6
9 1 5 6
DATE
8 0
28 December 2004
GRACE CORPORATION
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
PCI Bank
4 4 8 6
9 1 5 6
DATE
8 0
23 December 2004
GRACE CORPORATION
GRACE CO
THIS SERVES YOUR RECEIPT WHEN VALIDATED THIS DEPOSIT IS SUBJECT TO THE TERMS AND CONDITION COVERING THE ACCOUNT
THIS SERVES YOUR
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

980,000.00
PNB
LOCAL CLE CHECK / DRAFT
PLEASE ENDORSE AND
TOTAL
P P
CHECK DEPOSIT
TOTAL DEPOSIT
Page B72
980,000.00
TOTAL DEPOSIT
PCI Bank
PCI Bank
4 4 8 6
9 1 5 6
DATE
8 0
23 December 2004
GRACE CORPORATION
GRACE CO

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
PCI Bank
4 4 8 6
9 1 5 6
DATE
8 0
16 December 2004
GRACE CORPORATION
GRACE CO
THIS SERVES YOUR
Page B73
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

1,255,000.00
RCBC PCIB
LOCAL CLE CHECK / DRAFT
PLEASE ENDORSE AND
TOTAL
P P
CHECK DEPOSIT
TOTAL DEPOSIT
Page B73
1,255,000.00
TOTAL DEPOSIT
PCI Bank
PCI Bank
Page B73
4 4 8 6
9 1 5 6
DATE
8 0
16 December 2004
GRACE CORPORATION
GRACE CO

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
PCI Bank
4 4 8 6
9 1 5 6
DATE
8 0
9 December 2004
GRACE CORPORATION
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
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
990,000.00
TOTAL
REGIONAL & INTERNATIONAL C
B74
TOTAL
P P
TOTAL
TOTAL DEPOSIT
Page B74
990,000.00
TOTAL DEPOSIT
PCI Bank
PCI Bank
4 4 8 6
9 1 5 6
DATE
8 0
9 December 2004
GRACE CORPORATION
GRACE CO

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
PCI Bank
4 4 8 6
9 1 5 6
DATE
8 0
6 December 2004
GRACE CORPORATION
GRACE CO
THIS SERVES YOUR
Page B75
THIS DEPOSIT IS SUBJECT TO THE TERMS AND CONDITION COVERING THE ACCOUNT PLEASE ENDORSE AND LIST EACH CHECK PROPERLY
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
362,600.00
TOTAL
REGIONAL & INTERNATIONAL C
TOTAL
P P
TOTAL
TOTAL DEPOSIT
Page B75
362,600.00
TOTAL DEPOSIT
PCI Bank
PCI Bank
4 4 8 6
9 1 5 6
DATE
8 0
6 December 2004
GRACE CORPORATION
GRACE CO

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
4 8 6
9 1 5 6
DATE
8 0
5 January 2005
GRACE CORPORATION
S VALIDATION:
O. OF PIECES
DENOMINATION
AMOUNT
500.00 200.00 100.00 50.00 20.00
CASH DEPOSIT
85,113.00
AMOUNT

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

MACHINE PRINT..
Page B71
01.05.05
85,113.00
Page B71
Page B71
1,000.00
Page B71
DATE
TELLER NUMBER
RECEIPT NUMBER
PHILIPPINE CURRENCY
4 8 6
9 1 5 6
DATE
8 0
23 December 2004
GRACE CORPORATION
S VALIDATION:
1,000.00 500.00 200.00 100.00 50.00 20.00
CASH DEPOSIT
4,625.00
AMOUNT

HECK / DRAFT
DENOMINATION
510152
187,200.00
CHECK DEPOSIT
P P
187,200.00
AL DEPOSIT
191,825.00
Page B72
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

MACHINE PRINT..
DATE
TELLER NUMBER
RECEIPT NUMBER
PHILIPPINE CURRENCY
4 8 6
9 1 5 6
DATE
8 0
23 December 2004
GRACE CORPORATION
S VALIDATION:
1,000.00 500.00 200.00 100.00 50.00 20.00
CASH DEPOSIT
56,874.00
AMOUNT

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
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:

MACHINE PRINT..
DATE
TELLER NUMBER
RECEIPT NUMBER
PHILIPPINE CURRENCY
4 8 6
9 1 5 6
DATE
8 0
13 December 2004
GRACE CORPORATION
S VALIDATION:
LOCAL CLEARING CHECKS CHECK NO. AMOUNT
OF BANK / BRANCH
249169 728465
528,000.00 241,888.00
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
P P
AL DEPOSIT
769,888.00
Page B74 Page B75 Page B75 Page B74
4 8 6
9 1 5 6
DATE
8 0
13 December 2004
GRACE CORPORATION
S VALIDATION:

MACHINE PRINT..
12.13.04
DATE TELLER NUMBER
P
RECEIPT NUMBER
769,888.00
PHILIPPINE CURRENCY
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
1,263,300.00
EGIONAL & INTERNATIONAL CLEARING CHECKS - PMO's / RPTW's
P P
AL DEPOSIT
1,263,300.00
Page B75 Page B75
4 8 6
9 1 5 6
DATE
8 0
2 December 2004
GRACE CORPORATION
S VALIDATION:

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:
PAID BY: __________________________
_____________________
DATE
TO:
MR. JOSE CASTRO

PARTICULARS
AMOUNT
Transportation expense taxi fare
TOTAL
PAID BY: __________________________
RECEIVED BY:
_____________________
DATE
TO:
MANILA WATER WORKS & SEWERAGE SYSTEM (MWSS)

PARTICULARS
AMOUNT
Water Bill
TOTAL
P RECEIVED BY:
PAID BY: __________________________
_____________________
DATE
TO:
BUREAU OF POSTS
PARTICULARS
AMOUNT
Stamps
TOTAL
P RECEIVED BY:
PAID BY: __________________________
_____________________
DATE
TO:
MOBILSHEL GASOLINE STATION

PARTICULARS
AMOUNT
Gasoline expense premium gasoline
TOTAL
P RECEIVED BY:
PAID BY: __________________________
_____________________
DATE
TO:
JON SANDOVAL
PARTICULARS
AMOUNT
I.O.U.
TOTAL
P RECEIVED BY:
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
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
Nine hundred seventy two thousand seven hundred
Partial payment for Invoice No. 920
December 5, 2004
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
BUREAU OF INTERNAL REVENUE Thirty four thousand two hundred pesos
Remittance of Novenber 2004 taxes withheld on wages
December 7, 2004
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
SOCIAL SECURITY SYSTEM
Eighty seven thousand five hundred pesos
Remittance of Medicare, SSS & ECC, Employer's and Employee's contribution
December 9, 2004
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
ARBOLEDA CO., INC.
One hundred seventy five thousand pesos
Partial paymenr for invoce No. 101
December 10, 2004

ACCOUNT NO.
4486-9156-80
ACCOUNT NAME
GRACE CORPORATION
PAY TO THE ORDER OF
PESOS
One hundred fourteen thousand nine hundred pesos only __________________________
PCI Bank
SUCAT ROAD BRANCH
CORPORATION
SAPPHIRE CORPORATION One hundred fourteen thousand nine hundred
Partial paymenr for invoce No. 1082
December 10, 2004

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
ARBOLEDA CO., INC
One million five hundred fifty four thousand five hun
Full payment of account with Arboleda Co., Inc. per Invoice no. 90
December 10, 2004

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
CALTEX GAS Fourteen thousand pesos only
560 liters gasoline
December 12, 2004

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
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)
December 14, 2004

ACCOUNT NO.
4486-9156-80
ACCOUNT NAME
GRACE CORPORATION
PAY TO THE ORDER OF
PESOS
Six hundred twenty five thousand pesos only __________________________
PCI Bank
SUCAT ROAD BRANCH
CORPORATION
GENIUS PAPER PRODUCTS Six hundred twenty five thousand pesos
Partial payment per Invoice No. 130
December 15, 2004

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
MERALCO
Thirteen thousand two hundred fifty pesos
Additional electric bill for November 2004
December 15, 2004

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
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
December 20, 2004

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
December 21, 2004

ACCOUNT NO.
4486-9156-80
ACCOUNT NAME
GRACE CORPORATION
PAY TO THE ORDER OF
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
December 26, 2004

ACCOUNT NO.
4486-9156-80
ACCOUNT NAME
GRACE CORPORATION
PAY TO THE ORDER OF
PESOS
One hundred twenty five thousand three hundred fifteen pesos __________________________
PCI Bank
SUCAT ROAD BRANCH
CORPORATION
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
December 26, 2004

ACCOUNT NO.
4486-9156-80
ACCOUNT NAME
GRACE CORPORATION
PAY TO THE ORDER OF
PESOS
Twenty five thousand pesos only __________________________
PCI Bank
SUCAT ROAD BRANCH
CORPORATION
GENIUS PAPER PRODUCTS Twenty five thousand pesos only
Full payment of asccount with Arboleda Co., Inc per Invoice No. 90
December 26, 2004

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
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
December 26, 2004

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
XYZ ADS
Thirteen thousand three hundred twenty five p
100 pieces brochures
December 27, 2004

ACCOUNT NO.
4486-9156-80
ACCOUNT NAME
GRACE CORPORATION
PAY TO THE ORDER OF
PESOS
Eighty five thousand pesos only __________________________
PCI Bank
SUCAT ROAD BRANCH
CORPORATION
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
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)
December 30, 2004

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
MERALCO Eighty five thousand pesos only
Meralco bill for the period December 1-31 2004
January 3, 2005
ACCOUNT NO.
4486-9156-80
ACCOUNT NAME
GRACE CORPORATION
PAY TO THE ORDER OF
PESOS
Two hundred forty nine thousand seven hundred fifty pesos on __________________________
PCI Bank
SUCAT ROAD BRANCH
CORPORATION
Two hundred forty nine thousand seven hundred f
In payment of purchases
January 3, 2005
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
PCI BANKARD, INC. Ninety seven thousand pesos only
Representation expenses of the president incurred in December 2004
January 3, 2005
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
MUNICIPALITY OF MANILA Seventy thousand pesos only
Property taxes for 2004
January 4, 2005
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
PHILIPPINE LONG DISTANCE COMPANY Fifteen thousand pesos only
Telephone bill for December 2004
January 4, 2005
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
MWSS Forty eight thousand five hundred pesos
Water bill for December 2004
January 4, 2005
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
ARBOLEDA CO., INC
One hundred forty three thousand four hundred fi
In payment of purchases
January 4, 2005
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.
##
TION
December 5, 2004
wo thousand seven hundred fifty pesos only
972,750.00
12346
by
Date :
AME
GRACE CORPORATION
DATE
CHECK NO.
12347
December 7, 2004
34,200.00
red pesos only __________________________
_________________
CASH VOUCHER
No.
##
EVENUE
December 7, 2004
housand two hundred pesos only
34,200.00
12347
by
Date :
AME
GRACE CORPORATION
CHECK NO.
12348
DATE
December 9, 2004
87,500.00
dred pesos only __________________________
_________________
CASH VOUCHER
No.
##
STEM
December 9, 2004
thousand five hundred pesos only
87,500.00
12348
by
Date :
AME
GRACE CORPORATION
DATE
CHECK NO.
12349
December 10, 2004
175,000.00
sand pesos only __________________________
_________________
CASH VOUCHER
No.
##
C.
December 10, 2004
seventy five thousand pesos only
175,000.00
12349
by
Date :
AME
GRACE CORPORATION
DATE
CHECK NO.
12350
December 10, 2004
114,900.00
d nine hundred pesos only __________________________
_________________
CASH VOUCHER
No.
##
TION
December 10, 2004
een thousand nine hundred pesos only
114,900.00
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.
##
December 10, 2004
d fifty four thousand five hundred pesos only
1,554,500.00
12351
by
Date :
AME
GRACE CORPORATION
DATE
CHECK NO.
12352
December 12, 2004
14,000.00
_________________
__________________________
CASH VOUCHER
No.
##
December 12, 2004
teen thousand pesos only
14,000.00
12352
by
Date :
AME
GRACE CORPORATION
DATE
CHECK NO.
12353
December 14, 2004
1,080,000.00
_________________
__________________________
CASH VOUCHER
No.
##
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
12353
by
Date :
AME
GRACE CORPORATION
DATE
CHECK NO.
12354
December 15, 2004
625,000.00
nd pesos only __________________________
_________________
CASH VOUCHER
No.
##
UCTS
December 15, 2004
twenty five thousand pesos only
625,000.00
12354
by
Date :
AME
GRACE CORPORATION
DATE
CHECK NO.
12355
December 15, 2004
13,250.00
d fifty pesos only __________________________
_________________
CASH VOUCHER
No.
##
December 15, 2004
sand two hundred fifty pesos only
13,250.00
12355
by
Date :
AME
GRACE CORPORATION
DATE
CHECK NO.
12356
December 20, 2004
83,300.00
ndred pesos only __________________________
_________________
CASH VOUCHER
No.
##
C.
December 20, 2004
housand three hundred pesos only
P P
85,000.00 1,700.00 83,300.00 P 83,300.00
12356
by
Date :
AME
GRACE CORPORATION
DATE
CHECK NO.
12357
December 21, 2004
5,000.00
_________________
__________________________
CASH VOUCHER
No.
##
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.
##
UCTS
December 26, 2004
housand five hundred pesos only
32,500.00
12358
Date :
AME
GRACE CORPORATION
DATE
CHECK NO.
12359
December 26, 2004
125,315.00
and three hundred fifteen pesos only __________________________
_________________
CASH VOUCHER
No.
##
UCTS
December 26, 2004
e thousand three hundred fifteen pesos only
125,315.00
12359
Date :
AME
GRACE CORPORATION
DATE
CHECK NO.
12360
December 26, 2004
25,000.00
_________________
__________________________
CASH VOUCHER
No.
##
UCTS
December 26, 2004
y five thousand pesos only
25,000.00
12360
Date :
AME
GRACE CORPORATION
DATE
CHECK NO.
12361
December 26, 2004
25,490.00
dred ninety pesos only __________________________
_________________
CASH VOUCHER
No.
##
C.
December 26, 2004
sand four hundred ninety pesos only
25,490.00
12361
Date :
AME
GRACE CORPORATION
DATE
CHECK NO.
12362
December 27, 2004
13,325.00
ed twenty five pesos only __________________________
_________________
CASH VOUCHER
No.
##
December 27, 2004
three hundred twenty five pesos only
13,325.00
12362
Date :
AME
GRACE CORPORATION
DATE
CHECK NO.
12363
December 28, 2004
85,000.00
_________________
__________________________
CASH VOUCHER
No.
##
December 28, 2004
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.
##
December 28, 2004
o thousand eight hundred forty pesos only
942,840.00
12364
Date :
AME
GRACE CORPORATION
DATE
CHECK NO.
12365
January 3, 2005
85,000.00
_________________
__________________________
CASH VOUCHER
No.
##
January 3, 2005
85,000.00
12365
Date :
AME
GRACE CORPORATION
DATE
CHECK NO.
12366
January 3, 2005
249,750.00
nd seven hundred fifty pesos only __________________________
_________________
CASH VOUCHER
No.
##
UCTS
January 3, 2005
e thousand seven hundred fifty pesos only
249,750.00
12366
Date :
AME
GRACE CORPORATION
DATE
CHECK NO.
12367
January 3, 2005
97,000.00
_________________
__________________________
CASH VOUCHER
No.
##
C.
December 26, 2004
seven thousand pesos only
97,000.00
12367
Date :
AME
GRACE CORPORATION
DATE
CHECK NO.
12368
January 4, 2005
70,000.00
_________________
__________________________
CASH VOUCHER
No.
##
NILA
January 4, 2005
nty thousand pesos only
70,000.00
12368
Date :
AME
GRACE CORPORATION
CHECK NO.
12369
DATE
January 4, 2005
CE COMPANY
15,000.00
_________________
__________________________
CASH VOUCHER
No.
##
E COMPANY
January 4, 2005
een thousand pesos only
15,000.00
12369
Date :
AME
GRACE CORPORATION
DATE
CHECK NO.
12370
January 4, 2005
48,500.00
red pesos only __________________________
_________________
CASH VOUCHER
No.
##
January 4, 2005
48,500.00
12370
Date :
AME
GRACE CORPORATION
DATE
CHECK NO.
12371
January 4, 2005
143,450.00
and four hundred fifty pesos only __________________________
_________________
CASH VOUCHER
No.
##
January 4, 2005
ee thousand four hundred fifty pesos only
143,450.00
12371
Date :

GRACE CORP Book

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Chart of Accounts

1001 1002 1003 1004 1005 1006 1007 1008

2001 2002 2003 2004 2005

3001 3002 3003 3004 3005

2004 Nov. 30 Balance Dec. 30 Balance

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

2004 Nov. 30 Balance Balance

2004 Nov. 30 Balance

2004 Nov. 30 Balance Dec. 31

Allowance for Bad Debts

2004 Nov. 30 Balance

2004 Nov. 30 Balance Dec. 8 Balance

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

Accrued Interest Receivable

2004 Dec. 31 Balance Balance

2004 Nov. 30 Balance Balance

2004 Nov. 30 Balance Balance

2004 Nov. 30 Balance

2004 Nov. 30 Balance Dec. 31 Balance

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

2004 Nov. 30 Balance

2004 Nov. 30 Balance

Accumulated Depreciation - Building

Furniture and Fixture

2004 Nov. 30 Balance

Accumulated Depreciation - Furniture and Fixture

2004 Nov. 30 Balance

Accumulated Depreciation - Transportation Equipment

2004 Nov. 30 Balance

Accumulated Depreciation - Office Equipment

2004 Nov. 30 Balance Balance

ACCOUNT NO. ITEM F

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

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

2004 Nov. 30 Dec. 31

Notes Payable - Officer

SSS, Medicare Premiums Payable

2004 Nov. 30 Dec. 31

Withholding Taxes Payable

2004 Nov. 30 Dec. 31 31

HDMF Premiums Payable

2004 Nov. 30 Dec. 31 31

Accrued Interest Payable

2004 Nov. 30 Dec. 31

ACCOUNT NO. ITEM F

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

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

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

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

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

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

Capital Stock Issued

Subscribed Capital Stock

2004 Dec. 26 Balance

Premium on Capital Stock

2004 Nov. 30 Dec. 26

ACCOUNT NO. ITEM F

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

2004 Nov. 30 Dec. 31

2004 Nov. 30 Balance Dec. 31 Balance

800,000.00 66,435.00 866,435.00

Sales Returns and Allowances

2004 Nov. 30 Balance Dec. 5 13 Balance

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