Cost of Sales – Note 3 880 Gross Profit 476 NET INCOME/TOTAL COMPREHENSIVE INCOME 476
GROUP 1 CHILI ROLL & CHEESESTICKS
Supporting Schedules For the Period Ended July 27, 2018
Note 1 – Net Sales
Sales Php 1356 Net Sales 1356
Note 2 – Net Purchases
Purchase Php 880 Net Purchases 880
Note 3 – Cost of Sales
Inventory, 07/27/2018 0 Add: Net Purchases (Note 2) 880 Total Goods Available for Sale 880 Less: Inventory Cost of Sales 880
GROUP 1 CHILI ROLL & CHEESESTICKS
Statement of Cash Flows For the Period Ended July 27, 2018
CASH FLOW FROM OPERATING ACTIVITIES
Cash receipts from sale of goods Php 1356 Cash payment to suppliers of goods 880 Net cash flow from operating activities 476 CASH FLOW FROM FINANCING ACTIVITIES Proceeds from investment of owners 880 NET INCREASE IN CASH 476 CASH AT THE BEGINNING OF THE PERIOD 680 CASH AT THE END OF THE PERIOD 1156 Group 1 Grade 12 ABM Trader Members 1. Adame, Maxene 2. Agleron, Janna 3. Brotonel, Chloe 4. Concepcio, Jenny Rose 5. Cruzat, Anthonette 6. Gardoce, Tala 7. Genaba, Ariane 8. Generato, Lyka 9. Macaraig, Christia 10. Malacas, Trisha 11. Manalo, Einela 12. Nicolas, Nikka 13. Pagsinuhin, Marjorie 14. Plata, Jezymiel 15. Rago, Christine 16. Ramirez, Christine 17. Robles, Auwen