YESUCAN COMPANY in the Philippines. (the Company) was registered with the Department of Trade and Industry (DTI) on January 1, 2021 and is primarily engaged in the business of buying and selling of specialized machineries and equipment. On the same date, the Company was registered with the Bureau of Internal Revenue (BIR) as a VAT taxpayer.
need: STATEMENT OF FINANCIAL POSITION as of December 31, 2021
STATEMENT OF CASH FLOWS for the year ending December 31, 2021 (With supporting reconciliation of direct and indirect method in computing cash flows from operating activities)
You were engaged to compile the Company's financial statements and its bookkeeper sent to you the summary of the book of accounts with the following information:
SALES JOURNAL
The bookkeeper is using this book to record sales on account. (See Attachment A)
CASH RECEIPTS JOURNAL
This book is being used by the bookkeeper to record every cash collection by the Company. (See Attachment B)
PURCHASES JOURNAL
The bookkeeper is using this book to record purchases on account. (See Attachment C)
CASH DISBURSEMENTS JOURNALThis book is being used by the bookkeeper to record cash disbursements of the Company except those remittances to the BIR, to SSS, to PHIC, and to Pag IBIG as provided in the summary list. (See Attachment D and E)
The following are the related important details about every account in the Company's books.
CASH
This account pertains to any tender of payment the firm could use to pay its obligations and support its business operations. The company has the imprest system in place as its policy to safeguard its cash. As of December 31, 2021, the components of this account and their respective balances are as follows:
Cash on hand 1,490,952.34
Cash in bank 3,595,555.46
Petty cash fund 50,000.00
Total 5,136,507.80
ACCOUNTS RECEIVABLE
This account came from the Company's sales on account, all outstanding at period-end. Since this is the first year of operations of the Company, the management is still in process of determining the appropriate accounting policy to establish an allowance for doubtful account. There is no any indication of impairment of the Company's receivables so there will be no provision for doubtful accounts to be set up.
INVENTORIES
This account pertains to the specialized machineries and equipment still on-hand at year-end. The Company is using the periodic system of accounting for its inventories. From the physical count conducted as at December 31, there are unsold machineries and equipment inventories amounting to 438,434.81 (Net of VAT)
SUPPLIES
This account pertains to the unused office supplies of the Company as at the reporting date. For practicality, the bookkeeper is recording every supply purchased as an expense. As of December 31, 2021, there are office supplies that are still unused and in good shape with the estimated value of 5,000 (Gross of VAT).
PROPERTY AND EQUIPMENT (FS LEVEL)
This FS line item includes the following accounts.
OFFICE EQUIPMENT
This account includes desktop computer, laptops, and multi-function printer initially acquired for use in the operations of the firm. The estimated residual value for this class of equipment is 1,500 after its useful life of three (3) years.
FURNITURE AND FIXTURES
This account includes office tables and chairs, cabinets, and all other furniture and fixtures initially acquired for use in the operations of the firm. The estimated residual value for this class of property is 1,000 after its useful life of five (5) years.
LEASEHOLD IMPROVEMENTS
This account pertains to the improvements made to the office space being rented by the Company. There is no expected residual value for the said improvements, and these will be depreciated over its estimated useful life of eight (8) years which is shorter than the 10-year term of the lease contract.
TRANSPORTATION EQUIPMENT
This account pertains to the company vehicle acquired by the firm for use in its operations. The said company vehicle is purchased under the following in-house financing scheme of the car dealer.
Acquisition date: January 1, 2021
Cash price: 1,300,000.00 (Gross of 12% VAT)
Down payment: 20,000.00 (From the personal pocket of the owner)
Day 1 outstanding balance: 1,280,000.00
Effective interest rate: 5.00%
Monthly amortization: 24,155.18 Refer to the amortization table provided. (Attachment N)
The estimated residual value of the vehicle is 50,000 after its expected useful life of five (5) years.
ACCUMULATED DEPRECIATION
This contra-asset account pertains to the depreciation on all property and equipment accrued by the firm in using such depreciable assets in its business operations. Depreciation will commence by the time the asset is available for its intended use by the management. Refer to the summary of property and equipment provided. (Attachment F)
ACCOUNTS PAYABLE
This account is being used by the Company solely for recording credit purchases of merchandise inventories. The balance of this account that will be shown in the financial statement is the payable due and outstanding as at period-end.
ACCRUED EXPENSES AND OTHER PAYABLES (FS LEVEL)
This account is composed of the following items and any other accrued items that may arise from period-end adjustments.
EXPANDED WITHHOLDING TAX (EWT) PAYABLE
This account pertains to the 5% expanded withholding tax (based on the gross rental) being withheld by the Company, as a business lessee in a rent agreement. This EWT is due to be paid to the BIR as follows.
Filing and payment for: Due date
Monthly, for the first two months of every quarter. On or before the 10th day of the following month
Quarterly, consolidated 3 months for the last month of the quarter. On or before the last day of the month following the quarter
VALUE-ADDED TAX (VAT) PAYABLE
This account pertains to the value-added tax to be remitted by the Company as VAT registered business. Computed as output VAT minus input VAT, VAT is due to be paid to the BIR as follows.
Filing and payment for: Due date:
Monthly, for the first two months of every quarter On or before the 20th day of the following month
Quarterly, consolidated 3 months for the last month of the quarter On or before the 25th day of the month following the quarter
Any excess input VAT over the output VAT is a tax credit and is claimable in the following period/s.
INCOME TAX PAYABLE
This account pertains to the income tax to be remitted by the Company. Computed using the graduated table in section 24 of the tax code, as revised by RA10963 also known as the TRAIN law, income tax is due to be paid to the BIR as follows.
Filing and payment for: Due date
1st Quarter ITR May 15 of the applicable year
2nd Quarter ITR August 15 of the applicable year
3rd Quarter ITR Nov 15 of the applicable year
Annual ITR April 15 of the following year
SSS, PHIC, HDMF, AND OTHER CONTRIBUTIONS PAYABLE
This account pertains to the contributions of both the Company, as employer, and its employees. The remittance, to designated government agencies, of such contributions for a certain month is due as follows.
Remittance of contributions for: Due date
SSS Last day of the month following the applicable month
PHI Every 11th - 15th day of the month following the applicable period
HDMF 25th to end of the month
The Company, as a matter of sound cash management, is following the practice of remitting the taxes and contributions above on the last day possible that it will not incur any penalty. (See attachment E)
UTILITIES PAYABLE
This account includes the amount to be paid by the Company for the consumption of electricity, water, and internet for the business operations. Every utility bill for a particular month is being paid during the first half of the following month. The Company is recording accrual for utilities in every month-end for purposes of including the input VAT on the utilities for that particular month. The accrued utility for December 2021 amounts to 8,474.05 (Gross of VAT)
LOANS PAYABLE
This account pertains to the car loan (refer to details above about the transportation equipment) and cash loan entered into by the Company. The term for the said cash loan is as follows.
Principal amount and cash proceeds: 1,500,000.00
Prevailing interest rate: 6.50%
Payment frequency: Every 30 days starting January 31, 2021
Periodic payment: 45,973.50
Term: 3 years Refer to the cash loan amortization table provided. (Attachment M)
OWNER'S EQUITY
This account pertains to the ownership interest of the sole owner, Ms. Kaye Yamoyan, over the firm's net assets. At the time of the Company's formation, Ms. Kaye invested cash amounting to 3,000,000.00. SALES This account pertains to the revenues from the main business operating of buying and selling specialized machineries and equipment. The income of the Company is recognized in the period when the goods are delivered to the client. The amounts reflected in the books of accounts under this account are inclusive of VAT.
TAXES AND LICENSES
This account includes the Company's registration to the DTI, business permits from local government units, and the registration to the BIR. Initial registration, licenses and permits paid in forming the company amounted to 8,079.43. (See Attachment G)
SALARIES EXPENSEThis account pertains to the compensation of the two office personnel hired by the owner. The gross amount shown in the provided payroll summary (Attachment H) is the employees' earned monthly salaries (18,000 each), gross of employee mandatory contributions to SSS, PHIC, and Pag-IBIG.
SSS, PHIC, HDMF, AND OTHER CONTRIBUTIONS EXPENSE
This account pertains to the employer contributions as mandated by the local laws. This is an additional employee benefit expense being incurred by an employer aside from salaries. (See Attachment E and H)
UTILITIES EXPENSE
This account includes amount incurred by the Company for the consumption of electricity, water, and internet for the business operations. Refer to the details above for the utilities payable account. (See Attachment I)
SUPPLIES EXPENSE
This account pertains to the office supplies consumed by the Company in operating its business. Refer to the details above for the supplies account. (See Attachment J)
RENT EXPENSE
The Company is a lessee in a lease agreement for its office space. The term of the lease is as follows. The lessor is a Non-VAT entity.
Monthly rental: 8,800.00 (Net of 5% EWT)
Payment term: Last day of the applicable month
Lease duration: 10 years, renewable for another 10 years Rentals are recognized as expense when incurred.
Refer to the provided summary of rentals. (See Attachment L)
DEPRECIATION EXPENSE
This account pertains to the systematic allocation of cost of the depreciable assets for the period covered in the financial statements. The Company is using the straight-line method in computing the depreciation of property and equipment items. Refer to accumulated depreciation account and the provided summary of property and equipment. (See Attachment F)
TRANSPORTATION AND TRAVEL EXPENSE
This account includes gas and oil consumed on the company vehicle, as well as the related toll fees being charged to the Company's official business travels. (See Attachment K)
INTEREST EXPENSE
This account pertains to the interest incurred, during the period covered in the financial statements, by the Company from the cash loan and car loan it contracted. Refer to the attached interest-amortization tables. (See Attachments M and N)
INCOME TAX EXPENSE
This account pertains to the tax incurred by the Company based on the reported net taxable income for a particular period. Refer to the details in the income tax payable account. (See Attachment E)
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ATTACHMENT A YESUCAN Company Sales Journal Summary 2021 Debit Credit Month Accounts Receivable Sales Jan 1,724,411.36 1,724,411.36 Feb 1, 107,291.53 1, 107,291.53 Mar 1,379,350.56 1,379,350.56 Apr 1,832,304.32 1,832,304.32 May 2,016,409.28 2,016,409.28 Jun 1,473,509.09 1,473,509.09 Jul 2,284, 288.16 2,284,288.16 Aug 1,126,017.01 1, 126,017.01 Sep 1,008,560.19 1,008,560.19 Oct 706,174.77 706,174.77 Nov 1,680,448.22 1,680,448.22 Dec 3,248,597.60 3,248,597.60 Total 19,587,362.10 19,587,362.10ATTACHMENT B YESUCAN Company Cash Receipts Journal Summary 2021 Debit Credit Month Cash Sales Accounts Receivable| Owner's Equity Loans Payable Jan 6,121,781.38 821,441.99 800,339.39 3,000,000.00 1,500,000.00 Feb 1,475,468.02 560,464.97 915,003.05 Mar 2,353,910.93 1,008,910.93 1,345,000.00 Apr 2,279,629.43 1,344,224.00 935,405.43 May 3,501,516.59 2,800, 711.59 700,805.00 Jun 3,956,722.25 2,016,688.88 1,940,033.37 Jul 3,672,341.99 2,172,032.99 1,500,309.00 Aug 2,330,438.32 1,344, 705.98 985,732.34 Sep 1,828,630.49 808,625.44 1,020,005.05 Oct 2,062,928.04 1,562, 625.04 500,303.00 Nov 2,356,173.77 1,122, 196.49 1,233,977.28 Dec 3,953,593.40 2,410,248.96 1,543,344.44 Total 35,893,134.61 17,972,877.26 13,420,257.35 3,000,000.00 1,500,000.00ATTACHMENT C YESUCAN Company Purchases Journal Summary 2021 Debit Credit Month Purchases Accounts Payable Jan 1,413,824.23 1,413,824.23 Feb 1,055,028.80 1,055,028.80 Mar 1,570,391.59 1,570,391.59 Apr 1,177,298.30 1,177,298.30 May 2,273,876.87 2,273,876.87 Jun 2,288,990.48 2,288,990.48 Jul 1,960,028.91 1,960,028.91 Aug 1,176,000.00 1,176,000.00 Sep 809,881.46 809,881.46 Oct 1,519,964.53 1,519,964.53 Nov 1,185,470.26 1, 185,470.26 Dec 2,693,097.13 2,693,097.13 Total 19,123,852.57 19,123,852.572021 YESUCAN Company Cash Disbursements Journal Summary 2021 YESUCAN Company Remittances Summary Credit Debit Purchases Accounts Payable Loans Payable Interest Expense Owner's Withdrawal Taxes and Licenses Salaries Utilities Supplies Rent Transportation and Travel Month Cash 605,924.67 503,456.56 56,670.35 13,458.33 8,079.43 33,120.00 1,159.57 8,800.00 2,000.00 Jan 1,232,668.91 Feb 1,824,921.46 452,155.20 1,250,339.43 56,953.79 13, 174.90 33,120.00 7,313.60 1,064.55 8,800.00 2,000.00 50,000.00 8,800.00 2,000.00 Mar 2,598,637.43 673,024.97 1,753,123.45 57,238.66 12,890.02 33,120.00 6,648.73 1,791.60 Apr 1,651,174.15 504,556.42 1,023,230.33 57,524.98 12, 603.70 33,120.00 7,884.16 1,954.56 8,800.00 1,500.00 |May 3,537,913.63 974,518.66 2,439,450.05 57,812.75 12, 315.93 33,120.00 7,728.50 2,167.74 8,800.00 2,000.00 980,995.92 2,000,500.37 58,101.98 12, 026.70 50,000.00 33,120.00 7,657.44 2,266.26 8,800.00 1,500.00 Jun 3,154,968.68 Jul 2,895,362.63 840,012.39 1,934,440.40 58,392.68 11, 736.00 33,120.00 6,718.62 1,142.53 8,800.00 1,000.00 Aug 1,827,418.58 504,000.00 1,200,350.68 58,684.85 11,443.83 33,120.00 6,801.61 2,217.60 8,800.00 2,000.00 Sep 1,221,195.23 347,092.06 700,153. 66 58,978.51 11, 150.18 50,000.00 33,120.00 7,056.99 2,843.85 8,800.00 2,000.00 Oct 2,316,373.08 651,413.37 1,544,533.83 59,273.65 10, 855.03 33,120.00 6,533.20 1,344.00 8,800.00 500.00 Nov 1,851,265.98 508,058.68 1,220,153.44 59,570.29 10,558.39 33,120.00 7,988.38 2,116.80 8,800.00 900.00 4,130,055.46 1,154,184.48 2,800,153.36 59,868.44 10,260.25 50,000.00 33,120.00 8,203.99 3,964.95 8,800.00 1,500.00 Dec TO DIR Total 28,241,955.23 8,195,936.82 18,369,885.56 699,070.93 142,473.27 200,000.00 8,079.43 397,440.00 80,535.22 24,034.00 105,600.00 18,900.00 contributions to Attachment D 12 of 23 Attachment E\fYESUCAN Company 2021 Property and Equipment 2021 Taxes and Licenses YESUCAN Company Acquisition date Price with VAT Input VAT Price without VAT Residual value Depreciable amount Life (in years) Office equipment January 1, 2021 73,549.40 7,880.29 65,669.11 1,500.00 64,169.11 3.00 Furniture and fixtures January 1, 2021 52,568.75 5,632.37 46,936.38 1,000.00 45,936.38 5.00 Leasehold improvements January 1, 2021 95,304.78 10,211.23 85,093.55 85,093.55 8.00 Transportation equipment January 1, 2021 1,300,000.00 139,285.71 1,160, 714.29 50,000.00 1,110,714.29 5.00 Total 1,521,422.93 163,009.60 1,358,413.33 1,305,913.33 Attachment G Attachment F 14 of 23\fAttachment H YESUCAN Company Payroll summary 2021 No. of employees Gross Salary EE-SSS EE-PHIC EE-HDMF Net Salary Jan 36,000.00 1,620.00 540.00 720.00 33,120.00 Feb 36,000.00 1, 620.00 540.00 720.00 $3,120.00 Mar 36,000.00 1,620.00 540.00 720.00 33,120.00 Apr 2 36,000.00 1,620.00 540.00 720.00 33,120.00 May 36,000.00 1,620.00 540.00 720.00 33,120.00 Jun 2 36,000.00 1, 620.00 540.00 720.00 33,120.00 Jul 2 36,000.00 1,620.00 540.00 720.00 $3,120.00 Aug 2 36,000.00 1, 620.00 540.00 720.00 $3,120.00 Sep 36,000.00 ,620.00 540.00 720.00 33,120.00 Oct 2 36,000.00 1,620.00 540.00 720.00 33,120.00 Nov 36,000.00 1,620.00 540.00 720.00 33,120.00 Dec 2 36,000.00 ,620.00 540.00 720.00 33,120.00 Total 432,000.00 19,440.00 5,480.00 8,640.00 397,440.00 Attachment I YESUCAN Company Utilities Expense Summary 2021 Amount without VAT Input VAT Amount with VAT Jan 6,530.00 783.60 7,313.60 Feb 5,936.37 712.36 6,648.73 Mar 7,039.43 844.73 7,884.16 Apr 6,900.45 828.05 7,728.50 May 6,837.00 820.44 7,657.44 Jun 5,998.77 719.85 6,718.62 Jul 6,072.87 728.74 6,801.61 Aug 5,300.88 756.11 7,056.99 Sep 5,833.21 699.99 6,533.20 Oct 7,132.48 855.90 7,988.38 Nov 7,324.99 879.00 8,203.99 Dec 7,566.12 907.93 8,474.05 Total 79,472.57 9,536.71 39,009.28Attachment J YESUCAN Company Supplies Expense Summary 2021 Amount without VAT Input VAT Amount with VAT Jan 1,035.33 124.24 1,159.57 Feb 950.49 114.06 1,064.55 Mar 1,599.64 191.96 ,791.60 Apr 1,745.14 209.42 1,954.56 May 1,935.48 232.26 2,167.74 Jun 2,023.45 242.81 2,266.26 Jul 1,020.12 122.41 1,142.53 Aug 1,980.00 237.60 2,217.60 Sep 2,539.15 304.70 2,843.85 Oct 1,200.00 144.00 1,344.00 Nov 1,890.00 226.80 2,116.80 Dec 3,540.13 424.82 3,964.95 Total 21,458.93 2,575.07 24,034.00 Attachment K YESUCAN Company Transportation and Travel Summary 2021 Amount without VAT Input VAT Amount with VAT Jan 1,785.71 214.29 2,000.00 Feb 1,785.71 214.29 2,000.00 Mar 1,785.71 214.29 2,000.00 Apr 1,339.29 160.71 1,500.00 May 1,785.71 214.29 2,000.00 Jun 1,339.29 160.71 1,500.00 Jul 892.86 107.14 ,000.00 Aug 1,785.71 214.29 2,000.00 Sep 1,785.71 214.29 2,000.00 Oct 446.43 53.57 500.00 Nov 803.57 96.43 900.00 Dec 1,339.29 160.71 1,500.00 Total 16,875.00 2,025.00 18,900.00Attachment L YESUCAN Company Rentals Summary 2021 Gross Rental 5% Expanded withholding tax Net rental Jan 9,263.16 463.16 8,800.00 Feb 9,263.16 463.16 8,800.00 Mar 9,263.16 463.16 8,800.00 Apr 9,263.16 463.16 8,800.00 May 9,263.16 463.16 8,800.00 Jun 9,263.16 463.16 8,800.00 Jul 9,263.16 463.16 8,800.00 Aug 9,263.16 463.16 8,800.00 Sep 9,263.16 463.16 8,800.00 Oct 9,263.16 463.16 8,800.00 Nov 9,263.16 463.16 8,800.00 Dec 9,263.16 463.16 8,800.00 Total 111,157.89 5,557.89 105,600.00Attachment M YESUCAN Company Cash Loan Amortization Table 2021 Transaction date: January 1, 2021 Effective rate: 6.50% Face value: 1,500,000.00 Term (in years): 3 Monthly amortization: 45,973.50 Date Payment Interest Principal Outstanding balance Friday, 1 January 2021 1,500,000.00 Sunday, 31 January 2021 45,973.50 8,125.00 37,848.50 1,462,151.50 Tuesday, 2 March 2021 45,973.50 7,919.99 $8,053.52 1,424,097.98 Thursday, 1 April 2021 45,973.50 7,713.86 38,259.64 1,385,838.34 Saturday, 1 May 2021 45,973.50 7,506.62 38,466.88 1,347,371.46 Monday, 31 May 2021 45,973.50 7,298.26 38,675.24 1,308,696.22 Wednesday, 30 June 2021 45,973.50 7,088.77 38,884.73 1,269,811.48 Friday, 30 July 2021 45,973.50 6,878.15 $9,095.36 1,230,716.12 Sunday, 29 August 2021 45,973.50 5,666.38 39,307.13 1, 191,409.00 Tuesday, 28 September 2021 45,973.50 6,453.47 39,520.04 1, 151,888.96 Thursday, 28 October 2021 45,973.50 6,239.40 9,734.11 11 1, 112, 154.85 Saturday, 27 November 2021 45,973.50 6,024.17 9,949.33 1,072,205.52 12 Monday, 27 December 2021 45,973.50 5,807.78 10,165.72 1,032,039.80 13 Wednesday, 26 January 2022 45,973.50 5,590.22 40,383.29 991, 656.51 Friday, 25 February 2022 45,973.50 5,371.47 40,602.03 951, 054.48 Sunday, 27 March 2022 45,973.50 5,151.55 40,821.96 910,232.52 Tuesday, 26 April 2022 45,973.50 4,930.43 1,043.08 869,189.44 Thursday, 26 May 2022 45,973.50 ,708.11 1,265.39 $27,924.05 Saturday, 25 June 2022 45,973.50 4,484.59 41,488.92 786, 435.13 Monday, 25 July 2022 45,973.50 4,259.86 41,713.65 744,721.48 Wednesday, 24 August 2022 45,973.50 1,033.91 1,939.60 702,781.89 Friday, 23 September 2022 45,973.50 3,806.74 12,166.77 660,615.12 Sunday, 23 October 2022 45,973.50 3,578.33 12,395.17 518,219.94 Tuesday, 22 November 2022 45,973.50 3,348.69 12,624.81 $75,595.13 Thursday, 22 December 2022 45,973.50 3,117.81 12,855.70 532,739.43 Saturday, 21 January 2023 45,973.50 ,885.67 43,087.83 89,651.60 Monday, 20 February 2023 45,973.50 2,652.28 13,321.22 146,330.38 Wednesday, 22 March 2023 45,973.50 2,417.62 13,555.88 102,774.50 Friday, 21 April 2023 45,973.50 2,181.70 13,791.81 858,982.69 Sunday, 21 May 2023 45,973.50 1,944.49 44,029.01 314,953.67 uesday, 20 June 2023 45,973.50 1,706.00 44,267.51 270,686.17 Thursday, 20 July 2023 45,973.50 1,466.22 14,507.29 26, 178.88 Saturday, 19 August 2023 45,973.50 1,225.14 44, 748.37 81, 430.51 33 Monday, 18 September 2023 45,973.50 982.75 14,990.76 34 Wednesday, 18 October 2023 36,439.75 45,973.50 739.05 15,234.46 91,205.30 Friday, 17 November 2023 45,973.50 494.03 15,479.48 45,725.82 Sunday, 17 December 2023 45,973.50 247.68 15,725.82 0.00Attachment N YESUCAN Company Car Loan Amortization Table 2021 Transaction date: January 1, 2021 Effective rate: 5.00% Face value: 1,280,000.00 Term (in years): Monthly amortization: 24,155.18 Date Payment Interest Principal Outstanding balance Friday, 1 January 2021 1,280,000.00 Sunday, 31 January 2021 24,155.18 ,333.33 18,821.85 1,261,178.15 Tuesday, 2 March 2021 24,155.18 ,254.91 18,900.27 1,242,277.88 G AW NL thursday, 1 April 2021 24, 155.18 ,176.16 18,979.02 1,223,298.86 Saturday, 1 May 2021 24,155.18 5,097.08 19,058.10 1,204,240.76 Monday, 31 May 2021 24,155.18 5,017.67 19,137.51 6 , 185,103.25 Wednesday, 30 June 2021 24, 155.18 1,937.93 7 9,217.25 1, 165,886.00 Friday, 30 July 2021 24,155.18 ,857.86 9,297.32 8 ,146,588.68 Sunday, 29 August 2021 24,155.18 1,777.45 9 19,377.73 ,127,210.96 Tuesday, 28 September 2021 24,155.18 ,696.71 19,458.47 10 , 107,752.49 Thursday, 28 October 2021 24,155.18 1,615.64 19,539.54 11 ,088,212.95 Saturday, 27 November 2021 24,155.18 12 4,534.22 19,620.96 ,068,591.99 Monday, 27 December 2021 24,155.18 ,452.47 13 19,702.71 1,048,889.28 Wednesday, 26 January 2022 24, 155.18 14 4,370.37 19,784.81 1,029,104.47 Friday, 25 February 2022 24,155.18 4,287.94 19,867.24 ,009,237.23 15 Sunday, 27 March 2022 24, 155.18 16 4,205.16 19,950.02 989,287.20 Tuesday, 26 April 2022 24, 155.18 ,122.03 17 20,033.15 969,254.05 Thursday, 26 May 2022 24, 155.18 4,038.56 18 20,116.62 949,137.43 Saturday, 25 June 2022 24,155.18 ,954.74 19 20,200.44 928,936.99 Monday, 25 July 2022 24, 155.18 20 3,870.57 20,284.61 908,652.38 Wednesday, 24 August 2022 24,155.18 ,786.05 21 20,369.13 888,283.26 Friday, 23 September 2022 24,155.18 ,701.18 20,454.00 22 867,829.26 Sunday, 23 October 2022 24,155.18 3,615.96 23 20,539.22 847,290.03 Tuesday, 22 November 2022 24, 155.18 3,530.38 20,624.80 24 826,665.23 Thursday, 22 December 2022 24,155.18 3,444.44 20,710.74 25 805,954.49 Saturday, 21 January 2023 24,155.18 3,358.14 20,797.04 26 785,157.45 Monday, 20 February 2023 24,155.18 3,271.49 0,883.69 Wednesday, 22 March 2023 764,273.76 24,155.18 3,184.47 20,970.71 743,303.06 Friday, 21 April 2023 24, 155.18 ,097.10 21,058.08 722,244.98 Sunday, 21 May 2023 24,155.18 3,009.35 21,145.82 701,099.15 Tuesday, 20 June 2023 24, 155.18 2,921.25 21,233.93 679,865.22 Thursday, 20 July 2023 24,155.18 2,832.77 21,322.41 658,542.81 Saturday, 19 August 2023 24,155.18 2,743.93 21,411.25 637,131.56 Monday, 18 September 2023 24,155.18 2,654.71 21,500.46 615,631.10 Wednesday, 18 October 2023 24, 155.18 ,565.13 21,590.05 594,041.05 Friday, 17 November 2023 24,155.18 2,475.17 21,680.01 572,361.04 Sunday, 17 December 2023 24, 155.18 2,384.84 21,770.34 550,590.70 Tuesday, 16 January 2024 24,155.18 2,294.13 21,861.05 528,729.65 Thursday, 15 February 2024 24,155.18 2,203.04 21,952.14 506,777.51 Saturday, 16 March 2024 24, 155.18 ,111.57 22,043.61 484,733.90 Monday, 15 April 2024 24,155.18 ,019.72 22, 135.45 462,598.45 Wednesday, 15 May 2024 24, 155.18 ,927.49 22,227.69 440,370.76 Friday, 14 June 2024 24, 155.18 1,834.88 22,320.30 18,050.46 Sunday, 14 July 2024 24,155.18 1,741.88 22,413.30 395,637.16 Tuesday, 13 August 2024 24, 155.18 1,648.49 2,506.69 373,130.47 Thursday, 12 September 2024 24,155.18 ,554.71 46 22,600.47 350,530.00 Saturday, 12 October 2024 24,155.18 1,460.54 22,694.64 47 327,835.36 Monday, 11 November 2024 24,155.18 ,365.98 22,789.20 8 Wednesday, 11 December 2024 305,046.16 24,155.18 L,271.03 22,884.15 282, 162.01 Friday, 10 January 2025 24,155.18 ,175.68 22,979.50 259,182.51 Sunday, 9 February 2025 24,155.18 ,079.93 23,075.25 236,107.25 Tuesday, 11 March 2025 24, 155.18 983.78 23,171.40 212,935.85 Thursday, 10 April 2025 24,155.18 87.23 23,267.95 189,667.91 Saturday, 10 May 2025 24,155.18 790.28 23,364.90 166,303.01 Monday, 9 June 2025 24,155.18 692.93 23,462.25 142,840.76 Wednesday, 9 July 2025 24,155.18 595.17 23,560.01 19,280.75 Friday, 8 August 2025 24,155.18 497.00 23,658.18 95,622.58 Sunday, 7 September 2025 24,155.18 398.43 23,756.75 71,865.83 Tuesday, 7 October 2025 24,155.18 299.44 23,855.74 48,010.09 Thursday, 6 November 2025 24, 155.18 200.04 23,955.14 24,054.95 Saturday, 6 December 2025 24,155.18 100.23 24,054.95 0.00 Attachment O YESUCAN Company VAT Summary 2021 Output VAT Input VAT (Excess input VAT) / Running balance VAT Payable Excess input VAT) / VAT Payable Jan 272,770.00 380,533.39 (107,763.39) (107,763.39) Feb 178,688.20 162,524.71 16,163.49 (91,599.90) Mar 255,885.16 241,617.03 14,268.13 (77,331.78) Apr 340,342.32 181,396.91 158,945.41 81,613.64 May 516,120.09 349,309.36 166,810.73 166,810.73 Jun 373,949.78 351,479.07 22,470.72 22,470.72 Jul 477,462.98 300,962.73 176,500.25 176,500.25 Aug 264,720.32 181,207.99 83,512.33 83,512.33 Sep 194,698.46 125,180.42 59,518.04 59,518.04 Oct 243,085.69 233,701.10 9,384.59 9,384.59 Nov 300,283.36 182,651.76 117,631.61 117,631.61 Dec 606,304.99 413,702.21 192,602.78 192,602.78
