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    Financial Plan (Weareverugo O'Lshop) : I. Projected Statement of Comprehensive Income

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    alexander aloba
    The document contains projected financial statements for WeareverUGo O'lShop for November 2020 including: 1) A statement of comprehensive income projecting Php 460 in profit on Php 940 in sales. 2) A statement of cash flows projecting Php 392 in net cash from operating activities and no cash from investing or financing activities. 3) A statement of changes in equity projecting the owners equity increasing from Php 1100 to Php 1560 after Php 480 in additional investments and Php 460 in profit, less Php 480 in withdrawals. 4) A statement of financial position projecting Php 1560 in total assets equal to total liabilities and owners equity, with Ph

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    Financial Plan (Weareverugo O'Lshop) : I. Projected Statement of Comprehensive Income

    Uploaded by

    alexander aloba
    52 views2 pages
    The document contains projected financial statements for WeareverUGo O'lShop for November 2020 including: 1) A statement of comprehensive income projecting Php 460 in profit on Php 940 in sales. 2) A statement of cash flows projecting Php 392 in net cash from operating activities and no cash from investing or financing activities. 3) A statement of changes in equity projecting the owners equity increasing from Php 1100 to Php 1560 after Php 480 in additional investments and Php 460 in profit, less Php 480 in withdrawals. 4) A statement of financial position projecting Php 1560 in total assets equal to total liabilities and owners equity, with Ph

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    FINANCIAL PLAN

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    The document contains projected financial statements for WeareverUGo O'lShop for November 2020 including: 1) A statement of comprehensive income projecting Php 460 in profit on Php 940 in sales. 2) A statement of cash flows projecting Php 392 in net cash from operating activities and no cash from investing or financing activities. 3) A statement of changes in equity projecting the owners equity increasing from Php 1100 to Php 1560 after Php 480 in additional investments and Php 460 in profit, less Php 480 in withdrawals. 4) A statement of financial position projecting Php 1560 in total assets equal to total liabilities and owners equity, with Ph

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    52 views2 pages

    Financial Plan (Weareverugo O'Lshop) : I. Projected Statement of Comprehensive Income

    Uploaded by

    alexander aloba
    The document contains projected financial statements for WeareverUGo O'lShop for November 2020 including: 1) A statement of comprehensive income projecting Php 460 in profit on Php 940 in sales. 2) A statement of cash flows projecting Php 392 in net cash from operating activities and no cash from investing or financing activities. 3) A statement of changes in equity projecting the owners equity increasing from Php 1100 to Php 1560 after Php 480 in additional investments and Php 460 in profit, less Php 480 in withdrawals. 4) A statement of financial position projecting Php 1560 in total assets equal to total liabilities and owners equity, with Ph

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    FINANCIAL PLAN (WeareverUGo O’lShop)

    I. Projected statement of comprehensive income

    WeareverUGo O’lShop

    Statement of Comprehensive Income

    For the Month ended November 31, 2020

    Revenues

    Sales Php. 940 940

    Expenses

    Packaging (135)

    Rewards (345) (480)

    Profit Php. 460

    II. Projected statement of cash flow

    WeareverUGo O’lShop

    Statement of Cash Flow

    For the Month ended November 31, 2020

    Cash flows from operating activities

    Cash received from customers 888

    Payments to suppliers (496)


    III. Net cash flows used in operating activities 392

    Cash flows from investing activities --- ---

    Cash flows from financing activities

    Cash received from investments by the 480


    owners
    Payments for withdrawals (480) ---

    Net increase (decrease) in cash 392

    Cash balance - November 1, 2020 ---

    Cash balance – November 31, 2020 Php. 392

    Projected statement of changes in equity

    WeareverUGo O’lShop

    Statement of Changes in Equity

    For the Month ended November 31, 2020


    WeareverUGo O’lShop capital, November 1, 2020 Php. 1100

    Add : Additional investments 480

    Profit 460 940

    Total 2040

    Less : Withdrawals (480)

    WeareverUGo O’lShop capital, November 31, 2020 Php.1560

    IV. Projected statement of financial position

    WeareverUGo O’lShop

    Statement of Financial Position

    For the Month ended November 31, 2020

    Assets Liabilities and Owners Equity

    Current Liabilities ---


    assets
    Cash on 392 Owners Equity
    hand
    Cash 672 WeareverUGo O’lShop Capital 1560
    receivables
    Supplies 496 1560

    Total Php. Total liabilities and owners Php.


    assets 1560 equity 1560

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