Si%ce 1844
PRACTICAL ACCOUNTING 2 FINALS
DE LEON/DE LEON MAY 2015
The Home Office Office i!!" me#ch$%&i"e me#ch$%&i"e 'o #$%che" #$%che" $' 25( $o)e co"'* I%fo#m$'io% '$+e% f#om 'he $cco,%'i%- #eco#&" of 'he #$%ch fo!!o." e-i%%i%- i%)e%'o#ie" $' i!!e& #ice"3 14000 Shi Shime me%' %'" " f#om f#om Home Home Offic Office e $' $' i! i!!e !e& & #i #ice ce"3 "3 625 62500 00 E%&i%- i%)e%'o#ie" $' i!!e& #ice"3 20000 Ne' Lo"" fo# $cco,%'i%- e#io& 1500 1* The $&7,"'e& $&7,"'e& %e' i%come o# !o"" fo# 'he #$%ch #$%ch i" $* P4 P480 800 0 %e' i%come i%come c* P9 P960 600 0 %e' i%com i%come e * P: P:60 600 0 %e' !o"" !o"" &* P400 P4000 0 %e' i%come i%come Se!ec'e& $!$%ce" f#om 'he Amo#"o!o Com$%;<" #$%che" A $%& $#e $" fo!!o." BRANCH BRANCH A B I%)e%'o#; =$%,$#; 1 2015 21000 18000 Im#e"' #$%ch F,%& 2000 1500 I%)e%'o#; Deceme# >1 2015 18000 12000 Acc'"* Acc '"* Rece Recei) i)$! $!e e =$%,$# =$%,$#; ; 1 55 55000 6>500 2015 Acc'"* Recei)$!e Deceme# >1 40 40000 5>500 2015 Me#ch$%&i"e f#om Home Office 91000 64000 C$"h Co!!ec'io%" :5000 40000 S$!e" 100000 :0000 C$"h E?e%"e" 21000 16>00 A!! "$!e" "$!e" co!!ec co!!ec'io 'io%" %" $%& e?e%" e?e%"e" e" $#e $#e h$%&!e h$%&!e& & $' 'he #$%ch* #$%ch* A!! c$"h #ecei)e& #ecei)e& f#om "$!e" $%& co!!ec'io co!!ec'io%" %" $#e "e%' &i#ec'!; 'o 'he Home Office* E?e%"e" $#e $i& ; 'he #$%ch f#om 'he im#e"' f,%& $%& imme&i$'e!; #eim,#"e& ; 'he 'he Home Home Offi Office ce $%& $%& c#e& c#e&i' i'e& e& 'o 'he 'he Home Home Offi Office ce $cco,%'* A!! e?e%"e" $i& ; 'he #$%ch $#e #eco#&e& i% 'he #$%ch oo+"* 2* The %e' #ofi #ofi'' of #$%c #$%ch h A i" $* P19 P1900 000 0 c* P15 P1500 000 0 * P21 P2100 000 0 &* P1: P1:00 000 0 >* The $!$%ce $!$%ce of 'he Home Office $cco $cco,%' ,%' of #$%c #$%ch h A o% =$%,$#; 1 2015 i" $* P:0 P:000 000 0 c* P4: P4:00 000 0 * P96 P9600 000 0 &* P45 P4500 000 0 6* The $!$%ce $!$%ce of 'he Home Office $cco $cco,%' ,%' of #$%c #$%ch h o% =$%,$#; 1 2015 i" $* P:0 P:000 000 0 c* P4: P4:00 000 0 * P96 P9600 000 0 &* P85 P8500 000 0 D,#i%- =,!; 'he "$!e" $-e%c; ",mi'" "$!e" o% $cco,%' of P1490 P149000 00 &,!; &,!; $#o $#o)e )e& & ; 'he home home office office** Co"' Co"' of me#ch$ me#ch$%&i %&i"e "e "hie "hie& & 'o fi!! fi!! 'he o#&e# o#&e#" " f#om f#om c,"'o c,"'ome# me#" " o'$ o'$i% i%e& e& ; 'he 'he "$!e "$!e" " $-e% $-e%c; c; i" P105 P1050 000 00** S$m S$m!e !e" " "hie& 'o 'he $-e%c; $mo,%'e& 'o P50000 Home Office &i",# &i",#"em "eme%' e%'" " ch$#ch$#-e$ e$!e !e 'o 'he "$!e" "$!e" $-e%c; $-e%c; $#e $" fo!!o." M$%$-e#<" $%& "$!e"me%<" "$!$#ie" 14500 Re%' :000 O% =,!; >1 'he "$!e" $-e%c; .o#+i%- f,%& i" #e!e%i"he&@ $i& $i& e?e%" e?e%"e e )o,ch )o,che#" e#" ",mi' ",mi''e& 'e& ; 'he "$!e" "$!e" $-e%c; $-e%c; $mo,%' $mo,%'i%i%- 'o P8 P825 250* 0* S$!e" S$!e" $-e%c $-e%c; ; "$m!e "$m!e" " #ecei #ecei)e )e& & .o#'h P50000 $#e ,"ef,! ,%'i! Deceme# >1 .hich $' 'hi" 'ime $#e e!ie)e& 'o h$)e $ "$!)$-e )$!,e of 60( of co"'* 5* The #ofi #ofi'' of 'he "$!e" "$!e" $-e $-e%c; %c; i" $* P18 P1855 550 0 c* P>1 P>125 250 0 * P26 P2655 550 0 &* P29 P2945 450 0
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The Home Office i% M$%i!$ "hie& me#ch$%&i"i%- co"'i%P10000 'o $-,io #$%ch $%& $i& fo# 'he f#ei-h' ch$#-e" of P950* P950* $-,io $-,io #$%ch #$%ch .$" ","e,e%'!; ","e,e%'!; i%"'#,c'e& i%"'#,c'e& 'o '#$%"fe# 'he me#ch$%&i"e 'o L$o$- #$%ch .he#ei% $-,io #$%ch $i& fo# P200 f#ei-h'* If 'he "hime%' .e#e m$&e &i#ec'!; f#om M$%i!$ 'o L$o$- 'he f#ei-h' co"' .o,!& h$)e $mo,%'e& 'o P400* 9* The $mo,%' $mo,%' of f#ei-h f#ei-h'' ch$#-e$ ch$#-e$!e !e 'o 'o L$o$L$o$- i" $* P950 c* P400 * P:50 &* P100 The Pe'i'e #$%ch of D$i%'; D$i%'; Co* ",mi''e& ",mi''e& 'he fo!!o.i%fo!!o.i%'#i$! $!$%ce $" of Deceme# >1 2015 $f'e# i'" fi#"' ;e$# of oe#$'io%"
C$"h Acco,%'" Recei)$!e Shime%'" f# f#om Ho Home Offic fice E?e%"e" S$!e" Home Office C,##e%'
DEBIT 10600 9>200 19:000 10:00
CREDIT
P1>6600 11:000
Me#ch$%&i"e I%)e%'o#; Deceme# >1B P50000 Shime%'" 'o 'he #$%ch $#e i!!e& $' 160( of co"' 4* The $&7,"'m $&7,"'me%' e%' 'o 'he co"' co"' of -oo&" -oo&" "o!& of 'he #$%ch #$%ch $mo,%'" 'o $* P 0 c* P>>90 900 * P16 P1660 600 0 &* P>8 P>890 900 0 :* The '#,e '#,e %e' %e' i%come i%come of of 'he #$%c #$%ch h &,#i%&,#i%- 2008 2008 .$" $* P 900 9000 0 c* P>8 P>890 900 0 * P>> P>>90 900 0 &* P56 P5600 000 0 P$#$ P$#$"o! "o! Co#o Co#o#$ #$'io 'io% % $i& $i& P1 P100 0000 0000 00 c$" c$"h h fo# 'he %e' $""e $""e'" '" of Sh$& Sh$&o. o. Com Com$% $%; ; .hic .hich h co%" co%"i" i"'e 'e& & of 'he 'he fo!!o.i%- oo+ oo+ $!, $!,e e M$ M$#+ #+e' e' $!,e !,e C,##e%' $""e'" 20000 2:0000 P!$%' $""e'" %e'3 :00000 1>00000 Li$i!i'ie" 200000 1:0000 8* The The $mo, $mo,%' %' $' .hi .hich ch P$#$ P$#$"o "o!! Co# Co#o# o#$' $'io io% % "ho,! "ho,!& & #eco#& 'he !$%' $""e'" $c,i#e& $* P 800 80000 000 0 c* P11 P1100 000 000 00 * P1>0 P1>000 0000 00 &* P1 P100 0000 0000 00 A#i! 1 2015 'he R$&o Com$%; $i& P900000 fo# 'he %e' $""e'" of Ci'ie% Ci'ie% Com$%; Com$%; i% $ '#$%"$c'i '#$%"$c'io% o% #oe#!; #oe#!; $cco,%'e& fo# $" $ ,#ch$"e* O% 'hi" &$'e 'he $""e'" $%& !i$i!i'ie" of Ci'ie% Com$%; .e#e C$"h 90000 Me#ch$%&i"e i%)e%'o#; 1:0000 P!$%' $""e'" %e'3 >90000 Li$i!i'ie" 1>5000 F,#'he F,#'he#mo #mo#e #e i' .$" .$" &e'e#m &e'e#mi%e i%e& & 'h$' 'h$' 'he me#ch$ me#ch$%&i %&i"e "e i%)e%'o#; of Ci'ie% Com$%; h$& $ f$i# m$#+e' )$!,e of P162500 $%& 'he !$%' $""e'" of P620000* 10* h$' "ho,!& "ho,!& e 'he $mo,%' #eco#&e& #eco#&e& $" -oo&.i!! -oo&.i!! ; R$&o Com$%; $" $ #e",!' of 'he ,"i%e"" comi%$'io% $* P 0 c* P >450 500 * P112 P1125 500 00 &* P 250 25000 00
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P2.Finals
EXCEL PROFESSIONAL SERVICES, INC. P$''e# Co#o#$'io% i"",e" 500000 "h$#e" of i'" o.% P10 $# commo% "'oc+ fo# 'he %e' $""e'" of Sim"o% Co#o#$'io% i% $ me#-e# co%",mm$'e& o% =,!; 1 2015* O% 'hi" &$'e P$''e# "'oc+ i" ,o'e& $' P20 e# "h$#e* S,mm$#; $!$%ce "hee' &$'$ fo# 'he '.o com$%ie" $' =,!; 1 2015 7,"' efo#e comi%$'io% $#e "ho.% e!o. P$''e# Sim"o% C,##e%' $""e'" P 1:000000 P1500000 P!$%' $""e'" 22000000 9500000 To'$! $""e'" 60000000 :000000 Li$i!i'ie" 12000000 2000000 Commo% "'oc+B P10 20000000 >000000 $# A&&i'io%$! $i&Bi% >000000 1000000 c$i'$! Re'$i%e& e$#%i%-" 5000000 2000000 To'$! e,i'ie" P 60000000 P:000000 11* If 'he ,"i%e"" comi%$'io% i" '#e$'e& $" ,#ch$"e 'he #e'$i%e& e$#%i%-" imme&i$'e!; $f'e# 'he comi%$'io% .i!! e $* P5000000 c* P4000000 * P9000000 &* P:000000 The $cco,%'" fo# 'he $#'%e#"hi of =$%ice $%& E!!e#; $' Oc'oe# >1 2015 $#e $" fo!!o." =$%ice C$i'$! P190000 E!!e#; C$i'$! :0000 The $#'%e#" "h$#e #ofi'" $%& !o""e" i% 'he #$'io of 96 #e"ec'i)e!;* The $#'%e#"hi i" 'o $&mi' !$%che $" $ $#'%e# .i'h $ 1/> i%'e#e"' i% 'he c$i'$! $%& P/L ,o% he# i%)e"'me%' of P90000* 12* Imme&i$'e!; $f'e# !$%che<" $&mi""io% .h$' $#e 'he c$i'$! $!$%ce" of =$%ice E!!e#; $%& !$%che #e"ec'i)e!; $"",mi%- -oo&.i!! i" %o' 'o e #eco-%ie&* $* P100000@ P100000@ P100000 * P120000@ P :0000@ P 90000 c* P190000@ P :0000@ P120000 &* P1>9000@ P 96000@ P100000 The $!$%ce "hee' of 'he $#'%e#"hi L M $%& N $' A#i! >0 2015 fo!!o." The $#'%e#" "h$#e #ofi'" $%& !o""e" i% 'he #$'io of 229 #e"ec'i)e!;* A""e'" Li$i!i'ie" C$i'$! O'he# $""e'"
P100000
L Lo
%$P 8000
L C$i'$!
15000
M C$i'$!
>1000
N C$i'$!
65000
P100000 P100000 L i" #e'i#i%- f#om 'he $#'%e#"hi* ; m,',$! $-#eeme%' 'he $""e'" $#e 'o e $&7,"'e& 'o 'hei# f$i# )$!,e of P1>0000* M $%& N $-#ee 'h$' 'he $#'%e#"hi .i!! $; L P>4000 c$"h fo# hi" $#'%e#"hi i%'e#e"' e?c!,"i)e of hi" !o$% .hich i" 'o e $i& i% f,!! "e$#$'e!;* 1>* If %o -oo&.i!! i" 'o e #eco#&e& .h$' i" 'he $!$%ce of N<" c$i'$! $cco,%' $f'e# L<" #e'i#eme%' $* P51000 c* P5>600 * P50000 &* P9>000 S$#i%$ i" $&mi''e& i%'o 'he fi#m of Ni%$ O.e% $%& P#,&e%ce* The !$''e# $-#ee& 'o "e!! 'o S$#i%$ o%eBfo,#'h of 'hei# #e"ec'i)e e,i'ie" $%& #ofi' "h$#e"* S$#i%$ $i& $ 'o'$! #ice of P1000000* efo#e S$#i%$<" $&mi""io% Ni%$ O.e% $%& P#,&e%ce h$)e c$i'$! $!$%ce" of P2000000 P1000000 $%& P500000 $%& 'he; "h$#e #ofi'" $' 'he #$'io of 9>1* P$#'%e#"hi $""e'" $#e f$i#!; "'$'e& $%& %o im!ie& -oo&.i!! i" 'o e #eco-%ie& #io# 'o S$#i%$<" $&mi""io%* 16* The %e. c$i'$! of 'he $#'%e#"hi i" $* P>500000 c* P5000000 * P6000000 &* P6500000
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Sco'' Com$%; fi!e& $ )o!,%'$#; $%+#,'c; e'i'io% o% =,%e 25 2015 $%& 'he "'$'eme%' of $ff$i#" #ef!ec'" 'he fo!!o.i%- $mo,%'" oo+ E"'im$'e& C$##;i%C,##e%' Amo,%' $!,e A""e'" A""e'" !e&-e& .i'h f,!!; P150000 P1:5000 "ec,#e& c#e&i'o#" A""e'" !e&-e& .i'h 80000 90000 $#'i$!!; "ec,#e& c#e&i'o#" F#ee $""e'" 210000 190000 Li$i!i'ie" Li$i!i'ie" .i'h #io#i'; >5000 F,!!; "ec,#e& c#e&i'o#" 1>0000 P$#'i$!!; "ec,#e& c#e&i'o#" 100000 U%"ec,#e& c#e&i'o#" 240000 A"",me 'h$' 'he $""e'" $#e co%)e#'e& i%'o c$"h $' 'he e"'im$'e& c,##e%' )$!,e" $%& 'he ,"i%e"" i" !i,i&$'e&* 15* Ho. m,ch c$"h .i!! e $)$i!$!e 'o $; ,%"ec,#e& %o%B #io#i'; c!$im" $* P260000 c* P1:0000 * P190000 &* P125000 P!$'' Com$%; h$" ee% fo#ce& i%'o $%+#,'c; $%& !i,i&i';* U%"ec,#e& c!$im" .i!! e $i& $' 'he #$'e of P0*50 o% 'he e"o* M$-$ Com$%; ho!&" $ %o%i%'e#e"'Be$#i%%o' #ecei)$!e f#om P!$'' i% 'he $mo,%' of P50000 co!!$'e#$!ie& ; m$chi%e#; .i'h $ !i,i&$'io% )$!,e of P10000* 19* The 'o'$! $mo,%' 'o e #e$!ie& ; M$-$ o% 'hi" %o'e #ecei)$!e i" $* P>5000 c* P>0000 * P25000 &* P10000 D#$+e Com$%; fi!e& $ )o!,%'$#; $%+#,'c; e'i'io% o% =,!; 15 2008 $%& 'he "'$'eme%' of $ff$i#" #ef!ec'" 'he fo!!o.i%- $mo,%'" oo+ E"'* C,##e%' $!,e $!,e A""e'" A""e'" !e&-e& .i'h f,!!; "ec,#e& c#e&i'o#" P 190000 P 180000 A""e'" !e&-e& .i'h $#'i$!!; "ec,#e& c#e&i'o#" 80000 90000 F#ee $""e'" 200000 160000 Li$i!i'ie" Li$i!i'ie" .i'h #io#i'; 20000 F,!!; "ec,#e& c#e&i'o#" 1>0000 P$#'i$!!; "ec,#e& c#e&i'o#" 100000 U%"ec,#e& c#e&i'o#" 290000 A"",me 'h$' 'he $""e'" $#e co%)e#'e& i%'o c$"h $' 'he e"'im$'e& c,##e%' )$!,e"* 14* h$' $mo,%' of c$"h "ho,!& 'he $#'i$!!; "ec,#e& c#e&i'o#" #ecei)e $* P 90000 c* P 80000 * P :6000 &* P 100000 Li%+ I%c* i" ,%&e#-oi%- !i,i&$'io% "i%ce =$%,$#; 1 2015* I'" co%&e%"e& "'$'eme%' of #e$!i$'io% $%& !i,i&$'io% $" of =,%e >0 2015 "ho. A""e'" 'o e #e$!ie& P1>45000 A""e'" $c,i#e& 450000 A""e'" #e$!ie& 1200000 A""e'" %o' #e$!ie& 1>45000 Li$i!i'ie" !i,i&$'e& 1:45000 Li$i!i'ie" %o' !i,i&$'e& 1400000 Li$i!i'ie" 'o e !i,i&$'e& 2250000 Li$i!i'ie" $"",me& 1925000 S,!eme%'$#; ch$#-e" >125000 S,!eme%'$#; c#e&i'" 2:00000
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P2.Finals
EXCEL PROFESSIONAL SERVICES, INC. 1:* The %e' i%come !o""3 fo# 'he fo,# mo%'h e#io& e%&i%A#i! >0 2008 i" $* P>250003 c* P625000 * P450000 &* P250000
26* The %e' -$i% !o""3 o% #eo""e""io% o% &ef$,!'e& "$!e" of 2016 $%& 2015 .$" $* P 500 c* P :003 * P :00 &* P1>003
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O% =,!; 1 2016 He$#' Com$%; "i-%e& $% $-#eeme%' 'o oe#$'e $" $ f#$%chi"ee of L,%- Co#o#$'io% fo# $% i%i'i$! f#$%chi"e fee of P120000* The "$me &$'e He$#' $i& P60000 $%& $-#ee& 'o $; 'he $!$%ce i% fo,# e,$! $%%,$! $;me%'" of P20000 e-i%%i%- =,!; 1 2015* The co!!ec'ii!i'; of 'he $!$%ce i" %o' #e$"o%$!; $"",#e& $%& %o f,',#e "e#)ice" $#e #e,i#e& of 'he f#$%chi"o#* He$#' c$% o##o. $' 16( fo# $ !o$% of 'hi" ';e* P#e"e%' $%& f,',#e )$!,e f$c'o#" $#e $" fo!!o." P#e"e%' )$!,e of 1 $' 16( fo# 6 e#io&" 0*58 F,',#e $mo,%' of 1 $' 16( fo# 6 1*98 e#io&" P of $% o#&i%$#; $%%,i'; of 1 $' 16( 2*81 fo# 6 e#io&"
Following data were taken from the books of Pleasing Company 2013
I%"'$!!me%' S$!e" Co"' of I%"'$!!me%' S$!e" Co!!ec'io%" 201> I%"'$!!me%' Recei)$!e 2016 I%"'$!!me%' Recei)$!e Def$,!'" $%& #eo""e""io%" U%$i& $!$%ce of #io# ;e$#<" i%"'$!!me%' #ecei)$!e &ef$,!'e& $!,e $""i-%e& 'o #eo""e""e& me#ch$%&i"e
2014
P:00000 6:0000
P800000 900000
250000
>00000 >90000
12000
15000
4000
:000
20* The #e$!ie& -#o"" #ofi' o% 2016 i%"'$!!me%' &,#i%2016 $* P120000 c* P1:0000 * P166000 &* P220000 21* The -$i%/!o"" o% #eo""e""io% o% 'he &ef$,!'e& 201> co%'#$c' $* P1000 -$i% c* P1000 !o"" * P>000 !o"" &* No -$i% o# !o"" 22* The U%#e$!ie& G#o"" P#ofi' o% 'he 201> I%"'$!!me%' S$!e" $" of Deceme# >1 2016 .$" $* P190000 c* P 86000 * P120000 &* P 96000 Fo!!o.i%- &$'$ e#'$i% 'o M$-$%&$ Com$%; .hich "e!!" $!i$%ce" o% 'he i%"'$!!me%' $"i"* 201> 2016 2015 I%"'$!!me%' S$!e" P>80000 P620000 P6:0000 Co"' of I%"'$!!me%' 2>480 26>90 2::000 S$!e" 0 0 F#om "$!e" m$&e i% 201> 2016 2015 I%"'$!!me%' Acc'"* Rec<!e $!* =$%,$#; 1 2015 Dec* >1 2015
P26000 B
P>00000 90000
P
B >20000
Reo""e""io%" o% &ef$,!'e& $cco,%'" .e#e m$&e &,#i%2015 $" fo!!o." F#om "$!e" m$&e i% 2016 2015 Acco,%' $!$%ce P10000 P5000 Ne' #e"$!e )$!,e of #eo""e""e& 6500 >500 me#ch$%&i"e 2>* The 'o'$! #e$!ie& -#o"" #ofi' i% 2015 o% 'he co!!ec'io%" of 201> 2016 $%& 2015 "$!e" .$" $* P 8>90 c* P 92000 * P 89900 &* P194890
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25* The e$#%e& #e)e%,e f#om f#$%chi"e fee 'o e #eco#&e& ; L,%- Co#o#$'io% o% Deceme# >1 2016 i" $* P1>5200 c* P 8:200 * P 5:200 &* P 60000 O% Deceme# >1 2016 M$#co Com$%; "i-%e& $% $-#eeme%' 'o oe#$'e $" f#$%chi"ee of e%&;<" fo# $ f#$%chi"e fee of P:0000* Of 'hi" $mo,%' P>0000 .$" $i& ,o% "i-%i%- of 'he $-#eeme%' $%& 'he $!$%ce i" $;$!e i% fi)e $%%,$! $;me%'" of P10000 e$ch e-i%%i%- Deceme# >1 2015* The #e"e%' )$!,e of 'he fi)e $;me%'" $' $% $#o#i$'e #$'e of i%'e#e"' i" P>9000 $' Deceme# >1 2016* The $-#eeme%' #o)i&e" 'h$' 'he &o.% $;me%' i" %o' #ef,%&$!e $%& i' #e#e"e%'" $ f$i# me$",#e of "e#)ice" #e%&e#e& $%& %o f,',#e "e#)ice" $#e #e,i#e& of 'he f#$%chi"o#* 29* O% Deceme# >1 20016 e%&;<" "ho,!& #eco#&" f#$%chi"e #e)e%,e of $* P:0000 c* P>0000 * P99000 &* P>9000 O% =$%,$#; 2 2016 Re? E%'e##i"e" I%c* $,'ho#ie& A&$m Com$%; 'o oe#$'e $" $ f#$%chi"ee o)e# $ '.e%';B ;e$# e#io& fo# $% i%i'i$! f#$%chi"e fee of P90000 #ecei)e& o% "i-%i%- 'he $-#eeme%'* A&$m "'$#'e& oe#$'io%" o% =,%e >0 2016 ; .hich &$'e Re? h$& e#fo#me& $!! of 'he #e,i#e& i%i'i$! "e#)ice"* 24* I% i'" i%come "'$'eme%' fo# 'he "i?Bmo%'h" e%&e& =,%e >0 2016 .h$' $mo,%' "ho,!& Re? #eo#' $" #e)e%,e f#om f#$%chi"e fee" i% co%%ec'io% .i'h A&$m<" f#$%chi"e $* P:0000 c* P>0000 * P99000 &* P>9000 A&$m" Co%"'#,c'io% Com$%; ,"e" 'he e#ce%'$-e of com!e'io% me'ho& of $cco,%'i%-* D,#i%- 'he ;e$# 2016 A&$m" .$" co%'#$c'e& 'o ,i!& $% $$#'me%' ho,"e fo# Roe# fo# P10000000* A&$m" e"'im$'e& 'h$' 'o'$! co"'" .o,!& $mo,%' 'o P:000000 o)e# 'he e#io& of co%"'#,c'io%* I% co%%ec'io% .i'h 'hi" co%'#$c' A&$m" i%c,##e& P1000000 of co%"'#,c'io% co"'" &,#i%- 'he ;e$# 2016* A&$m" i!!e& co!!ec'e& P1500000 f#om Roe# i% 'he ;e$# 2016* 2:* Ho. m,ch -#o"" #ofi' "ho,!& A&$m" #eco-%ie i% 'he ;e$# 2016 $* P >00000 c* P 250000 * P 1:4500 &* P 125000 Pi%e Co%"'#,c'io% I%c* h$" co%"i"'e%'!; ,"e& 'he e#ce%'$-eBofBcom!e'io% me'ho& of #eco-%ii%- i%come* I% 'he ;e$# 2016 Pi%e "'$#'e& .o#+ o% $ P8000000 co%"'#,c'io% co%'#$c' .hich .$" com!e'e& i% 'he ;e$#
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EXCEL PROFESSIONAL SERVICES, INC. 2015* The $cco,%'i%- #eco#&" fo# 'he ;e$# 2016* P#o-#e"" i!!i%-" Co"'" i%c,##e& Co!!ec'io%" E"'im$'e& co"' 'o com!e'e 28* Ho. m,ch i%come "ho,!& ;e$# 2016 $* P >00000 * P 900000
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P 40000 100000 500000
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S Com$%; P80000 90000 250000
290000 P8>0000
P600000
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P2.Finals
