CKC Merchandising

Statement of Financial Position

As of March 31, 2020
(amounts in Philippine Pesos)

ASSETS
Current Assets
Cash 351,968
Accounts Receivable 2,389,000
Inventory 4,858,000
Other Current Assets     55,032
Total Current Asset         7,654,000
Non-current Assets
Property, Plant, and Equipment 7,182,000
Accumulated Depreciation     -1,395,000
Total Non-current Asset     5,787,000
Total Assets         13,441,000

LIABILITIES AND EQUITY

Liabilities
Trade and other payables 1,859,000
Income Tax Payable     580,200
Total Liabilities       2,439,200
Partner's Equity
Gutierrez, C., Capital 4,400,720
Hernandez, K., Capital 3,300,540
Hernandez, C., Capital     3,300,540
Total Equity       11,001,800
Total Liabilities and Equity   13,441,000
 CKC Merchandising
Statement of Financial Position
As of June 30, 2020
(amounts in Philippine Pesos)

ASSETS
Current Assets
Cash 528,750
Accounts Receivable 2,333,750
Inventory 5,241,500
Other Current Assets     21,000
Total Current Asset         8,125,000
Non-current Assets
Property, Plant, and Equipment 7,182,000
Accumulated Depreciation     -1,543,500
Total Non-current Asset     5,638,500
Total Assets         13,763,500

LIABILITIES AND EQUITY

Liabilities
Trade and other payables 1,959,000
Income Tax Payable     508,350
Total Liabilities       2,467,350
Partner's Equity
Gutierrez, C., Capital 4,518,460
Hernandez, K., Capital 3,388,845
Hernandez, C., Capital     3,388,845
Total Equity       11,296,150
Total Liabilities and Equity   13,763,500
 CKC Merchandising
Statement of Financial Position
As of September 30, 2020
(amounts in Philippine Pesos)

ASSETS
Current Assets
Cash 738,250
Accounts Receivable 2,690,750
Inventory 5,494,000
Other Current Assets     20,000
Total Current Asset         8,943,000
Non-current Assets
Property, Plant, and Equipment 7,182,000
Accumulated Depreciation     -1,692,000
Total Non-current Asset     5,490,000
Total Assets         14,433,000

LIABILITIES AND EQUITY

Current Liabilities
Trade and other payables 2,115,000
Income Tax Payable 286,650
Interest Payable       4,500
Total Current Liabilities     2,406,150
Non-Current Liabilities
Loans Payable       540,000
Total Non-Current Liabilities 540,000
Total Liabilities       2,946,150
Partner's Equity
Gutierrez, C., Capital 4,681,140
Hernandez, K., Capital 3,510,855
Hernandez, C., Capital     3,294,855
Total Equity       11,486,850
Total Liabilities and Equity   14,433,000
 CKC Merchandising
Statement of Financial Position
As of December 31, 2020
(amounts in Philippine Pesos)

ASSETS
Current Assets
Cash 1,879,250
Accounts Receivable 3,401,750
Inventory 5,590,500
Other Current Assets     18,750
Total Current Asset         10,890,250
Non-current Assets
Property, Plant, and Equipment 7,182,000
Accumulated Depreciation     -1,840,500
Total Non-current Asset     5,341,500
Total Assets         16,231,750

LIABILITIES AND EQUITY

Current Liabilities
Trade and other payables 2,340,000
Income Tax Payable 423,975
Interest Payable       40,500
Total Current Liabilities     2,804,475
Non-Current Liabilities
Loans Payable       1,620,000
Total Non-Current Liabilities 1,620,000
Total Liabilities       4,424,475
Partner's Equity
Gutierrez, C., Capital 4,809,310
Hernandez, K., Capital 3,606,983
Hernandez, C., Capital     3,390,983
Total Equity       11,807,275
Total Liabilities and Equity   16,231,750