Solid Employees Development Cooperative

Cash Receipts-CANTEEN
For the Month of JULY 2022

CASH ON HAND-SG CASH ON HAND-CG COMM. INC-CG CASH SALES-SG

51,857.62 2,960.64 2,960.64 35,215.50

AR TRADE-RICE PURCHASES-CATERING AR TRADE-CATERING PURCHASES-GOODS

6,673.05 - 1,478.75 3.47

AR TRADE-VIANDS CASH-RICE OFFICE SUPPLIES CASH SALES-G-CASH

630.00 - 1,025.00

AR TRADE-AUTOLOAD AR TRADE-E-LOAD CASH SALES-E-LOAD CASH SALES-AUTO-LOAD

95.00 1,584.85 4,549.00 603.00

TOTAL DEBITS 54,818.26

TOTAL CREDITS 54,818.26
-

Solid Employees Development Cooperative

Cash Disbursement-CANTEEN
For the Month of JULY 2022

CASH ON HAND-SG CASH ON HAND-CG CASH IN BANK-SG CASH IN BANK-CG

38,784.72 97,296.34 2,042.64 58,511.62 38,784.72 2,042.64

58,511.62 19,726.90

PURCHASES-RICE PURCHASES-GOODS PURCHASES-VIANDS FREIGHT IN

23,410.00 - 590.00

TRAVEL & TRANSPORTATION SALARIES & WAGES SSS/PHIL/PAG-IBIG CONT. COMMUNICATION EXPENSE
40.00 8,113.72 966.00 100.00

OFFICE SUPPLIES EMPLOYEES BENEFIT REPAIRS & MAINTENANCE SSS/PHIL/PAG-IBIG PAYABLE

250.00 - - 576.00 626.00

(50.00)

PURCHASES-E LOAD PURCHASES-AUTOLOAD PURCHASES-G-CASH AR TRADE-VIANDS

5,000.00 - -

PURCHASES-CATERING AR TRADE-GOODS INT. ON SHARE CAPITAL PAYABLE REPAIRS & MAINTENANCE

365.00 - - -
 TOTAL DEBITS 138,749.70
TOTAL CREDITS 138,749.70

-
 Solid Employees Development Cooperative
CONSOLIDATED Cash Receipt & Cash Disbursement-CANTEEN
For the Month of JULY 2022

CASH ON HAND-SG CASH ON HAND-CG CASH IN BANK-SG CASH IN BANK-CG

51,857.62 58,511.62 2,960.64 2,042.64 19,726.90 - 2,042.64 -

6,654.00 918.00
51,857.62 58,511.62 2,960.64 2,042.64 19,726.90 - 2,042.64 -

COMM. INC-CG CASH SALES-SG AR TRADE-RICE CASH SALES-RICE

2,960.64 35,215.50 6,673.05 - -

6,673.05
- 2,960.64 - 35,215.50 - 6,673.05 - -

AR TRADE-VIANDS PURCHASES-RICE PURCHASES-GOODS PURCHASES-VIANDS

- 630.00 - 23,410.00 3.47 -

- 23,406.53
- 630.00 - - 23,410.00 3.47 - -

PURCHASES-E-LOAD PURCHASES-AUTOLOAD SALARIES & WAGES TRAVEL & TRANSPORTATION

5,000.00 - 8,113.72 40.00

5,000.00 - - - 8,113.72 - 40.00 -

FREIGHT IN OFFICE SUPPLIES EMPLOYEES BENEFIT SSS/PHIL/PAG-IBIG CONT.

590.00 250.00 - - 966.00

590.00 250.00
590.00 - 250.00 - - - 966.00 -

COMMUNICATION EXPENSE AR TRADE-GOODS AR TRADE-AUTOLOAD SSS/PHIL/PAG-IBIG CONT PAYABLE

100.00 - 576.00 626.00

100.00 50.00
100.00 - - - - - 576.00 626.00

OFFICE SUPPLIES CASH SALES-G-CASH AR TRADE-CATERING AR TRADE-E-LOAD

1,025.00 1,478.75 1,584.85

-
- - - 1,025.00 - 1,478.75 - 1,584.85

PURCHASES-G-CASH CASH SALES-AUTOLOAD CASH SLES-E LOAD PURCHASES-CATERING

- 95.00 603.00 - 4,549.00 365.00 -

365.00
- 95.00 - 603.00 - 4,549.00 365.00 -

TOTAL DEBITS 115,998.52 TOTAL CREDITS 115,998.52

-
 Solid Employees Development Cooperative
CIN 0101130033
Registration No. 9520-13001113
TRIAL BALANCE-CANTEEN
For the Month of July 2022

Account Title DR CR

11110 Cash on Hand-SG 6,654.00

11110 Cash on Hand-CG 918.00
11130 Cash in Bank-SG 19,726.90 -
11130 Cash in Bank-CG 2,042.64
11210 Loan Receivable-Current
11250 Account Receivable Trade - Catering 1,478.75
11250 Account Receivable Trade - Rice 6,673.05
11250 Account Receivable Trade - Goods - -
11250 Account Receivable Trade-Viands - 630.00
11250 Account Receivable Trade-E-Load 1,584.85
11250 Account Receivable Trade-Autoload 95.00
11380 Other Current Receivable-Lending
14180 Furniture, Fixtures & Office Equipment -
21220 Account Payable - Trade
21220 Account Payable -Non Trade
21440 Interest on Share Capital
21450 Patronage Refund Payable
30710 Reserve Fund
30720 Coop. Education & Training Fund
30730 Community Development Fund -
30740 Optional Fund
40310 Cash Sales - G-Cash 1,025.00
40310 Cash Sales - Catering -
40310 Cash Sales - Goods 35,215.50
40310 Cash Sales - Rice - -
40310 Cash Sales - E-Load 4,549.00
40310 Cash Sales - Autoload 603.00
51110 Purchases - Rice -
51110 Purchases - Goods 23,406.53
51110 Purchases - Viands -
51110 Purchases - E-Load 5,000.00
51110 Purchases- Auto-Load -
51110 Purchases- Catering 365.00
51110 Purchases- G-Cash -
51160 Freight-In 590.00
40430 Commission Income 2,960.64
40450 Miscellaneous Income
71100 Interest Expense on Borrowings
72280 Professional Fees
73210 Salaries & Wages 8,113.72
73230 Employees Benefit -
73240 SSS, Philhealth, Pag-ibig Premium Cont. 966.00
73270 Officers Allowances
73370 Office Supplies 250.00
73420 Travel & Transportation 40.00
73430 Insurance
21320 SSS, Philhealth, Pag-ibig Premium Contr. Payable 50.00
73440 Repairs & Maintenance -
73460 Taxes, Fees & Charges
73470 Communication Expense 100.00
73520 Miscellaneous Expense
73610 General Assembly Expenses -
73270 Officers Allowances -
73640 Store/Canteen & Catering Supplies Expense
TOTAL 61,518.79 61,518.79
-

Prepared By: Approved by:

HELEN Y. TUDLASAN GRACE B. FUENTES

Bookkeeper Chief Operating Officer
 Solid Employees Development Cooperative
CIN 0101130033
Registration No. 9520-13001113
STATEMENT OF OPERATION - CANTEEN
For the Month of July 2022

SALES
40310 Cash Sales 41,682.30
40310 Sales on Account 3,138.00
GROSS SALES 44,820.30
Less: COST OF GOODS SOLD
11510 Inventory, Beg 45,907.52
51110 Purchases 28,771.53
51160 Freight-In 590.00
Total Goods Available for Sale 75,269.05
11510 Inventory, End 44,916.69
51000 COST OF GOODS SOLD 30,352.36
40300 Income from Consumers Operations 14,467.94
40110 Interest Income from Loans -
40410 Income / Interest from Investments / Deposits -
40430 Commission Income 2,960.64
TOTAL INCOME FROM CONSUMERS OPERATIONS 17,428.58
EXPENSES
FINANCING COST
71100 Interest Expense on Borrowings -
ADMINISTRATIVE COST
72280 Professional Fees -
73210 Salaries & Wages 8,113.72
73230 Employees Benefit -
73240 SSS, Philhealth, Pag-ibig Premium Cont. 966.00
73270 Officers Allowances -
73370 Office Supplies 250.00
73420 Travel & Transportation 40.00
73430 Insurance -
73440 Repairs & Maintenance -
73460 Taxes, Fees & Charges -
73470 Communication Expense 100.00
73520 Miscellaneous Expense -
73530 Depreciation -
73610 General Assembly Expenses -
73640 Store/Canteen & Catering Supplies Expense - 9,469.72
TOTAL EXPENSES 9,469.72
UNDIVIDED NET SURPLUS 7,958.86

CERTIFIED CORRECT:

HELEN Y. TUDLASAN GRACE B. FUENTES

Bookkeeper Chief Operating Officer
MARIE BELLA S. PIZARRO
Auditor
 total Rice Goods Viands Catering G-Cash E-Load

41,682.30 79.80 35,215.50 210.00 - 1,025.00 4,549.00

3,138.00 2,280.00 420.00 438.00
44,820.30 2,359.80 35,215.50 630.00 438.00 1,025.00 4,549.00

45,907.52 10,650.00 21,728.95 1,040.00 10,000.00 270.38

28,771.53 (2,130.00) 25,536.53 - 365.00 - 5,000.00
590.00 - 590.00 -
75,269.05 8,520.00 47,855.48 1,040.00 365.00 10,000.00 5,270.38
44,916.69 6,390.00 25,344.61 340.00 10,000.00 1,158.25
30,352.36 2,130.00 22,510.87 700.00 365.00 - 4,112.13
14,467.94 229.80 12,704.63 (70.00) 73.00 1,025.00 436.87

-
2,960.64
17,428.58 229.80 12,704.63 (70.00) 73.00 1,025.00 436.87

-
8,113.72
-
966.00
-
250.00
40.00
-
-
-
100.00
-
-
-
-
9,469.72 - - - -
7,958.86 229.80 12,704.63 (70.00) 436.87
Auto-Load JV

603.00

603.00

2,218.19
-
-
2,218.19
1,683.83
534.36
68.64 -

18.00
169.00
68.64 (151.00)

28,647.57
17,259.95

- -
68.64 -
 Solid Employees Development Cooperative
CIN 0101130033
Registration No. 9520-13001113
STATEMENT OF OPERATION - CANTEEN
For the Month Ended July 31, 2022

SALES
40310 Cash Sales 230,359.80
40310 Sales on Account 43,690.00
GROSS SALES 274,049.80
Less: COST OF GOODS SOLD
11510 Inventory, Beg 29,659.26
51110 Purchases 217,950.08
51160 Freight-In 3,910.00
Total Goods Available for Sale 251,519.34
11510 Inventory, End 44,916.69
51000 COST OF GOODS SOLD 206,602.65
40300 Income from Consumers Operations 67,447.15
40110 Interest Income fr Loan -
40410 Income / Interest from Investments / Deposits -
40430 Commission Income 16,712.84
TOTAL INCOME FROM CONSUMERS OPERATIONS 84,159.99
EXPENSES
FINANCING COST
71100 Interest Expense on Borrowings -
ADMINISTRATIVE COST
72280 Professional Fee -
73210 Salaries & Wages 56,871.52
73230 Employees Benefit 5,569.00
73240 SSS, Philhealth, Pag-ibig Premium Cont. 6,162.00
73270 Office Allowances -
73370 Office Supplies 4,242.00
73420 Travel & Transportation 250.00
73430 Insurance -
73440 Repairs & Maintenance 870.00
73460 Taxes, Fees & Charges -
73470 Communication Expense 700.00
73520 Miscellaneous Expense -
73530 Depreciation Expense -
73610 General Assembly Expenses -
73640 Store/Canteen & Catering Supplies Expense - 74,664.52
TOTAL EXPENSES 74,664.52
UNDIVIDED NET SURPLUS 9,495.47

-
CERTIFIED CORRECT:

HELEN Y. TUDLASAN GRACE B. FUENTES

Bookkeeper Chief Operating Officer

JOSETTE F. RIVERA
Auditor
 jan jv feb jv mar jv apr

28,279.00 25,578.50 32,608.00 28,282.00

7,089.00 1,536.00 5,367.00 7,539.00
35,368.00 - 27,114.50 - 37,975.00 - 35,821.00

29,659.26
23,608.25 23,572.96 28,777.29 23,287.35
580.00 530.00 530.00 460.00
53,847.51 - 24,102.96 - 29,307.29 - 23,747.35

53,847.51 - 24,102.96 - 29,307.29 - 23,747.35

(18,479.51) - 3,011.54 - 8,667.71 - 12,073.65

-
1,859.92 1,595.00 2,539.20 2,109.00
(16,619.59) - 4,606.54 - 11,206.91 - 14,182.65

- -
8,128.00 8,128.00 3,569.00 4,559.00 8,128.00
- - - 2,000.00 -
866.00 866.00 866.00 866.00
- - - -
- 432.00 - 700.00 -
- 40.00 - 60.00 50.00
- - - -
- - - -
- - - -
100.00 100.00 100.00 100.00
- -

-
-
9,094.00 472.00 9,094.00 - 5,295.00 6,559.00 9,144.00
(25,713.59) (472.00) (4,487.46) - 5,911.91 (6,559.00) 5,038.65
jv may jv June jv July jv

33,218.50 40,711.50 41,682.30

4,487.00 14,534.00 3,138.00
- 37,705.50 - 55,245.50 - 44,820.30 -

51,970.35 37,962.35 28,771.53

510.00 710.00 590.00
- 52,480.35 - 38,672.35 - 29,361.53 -

- 52,480.35 - 38,672.35 - 29,361.53 -

- (14,774.85) - 16,573.15 - 15,458.77 -

2,189.48 3,459.60 2,960.64

- (12,585.37) - 20,032.75 - 18,419.41 -

-
8,128.00 8,117.80 8,113.72
3,569.00 - -
866.00 866.00 966.00
- - -
2,770.00 90.00 250.00
30.00 30.00 40.00
- - -
870.00 - -
- - -
100.00 100.00 100.00
- -
-

- 16,333.00 - 9,203.80 - 9,469.72 -

- (28,918.37) - 10,828.95 - 8,949.69 -
Aug jv Sept jv Oct jv Nov jv

- - - - - - - -

- - - - - - - -

- - - - - - - -
- - - - - - - -

- - - - - - - -

- -

- - - - - - - -
- - - - - - - -
Dec jv Closing

- -

- - -

- -
- - -

- -

- - -
- - -

-51
 SOLID EMPLOYEES DEVELOPMENT COOPERATIVE
CIN 0101130033
Registration No. 9520-13001113
STATEMENT OF FINANCIAL CONDITION-CANTEEN
As of July 31, 2022

ASSETS
Current Assets

11110 Cash on Hand (521.98)

11130 Cash in Bank 322,151.86
11210 Loan Receivable-Current -
11250 Account Receivable - Trade 13,862.26
11380 Other Current Receivables -
11510 Merchandise Inventories 44,916.69
Total Current Assets 380,408.83

Non-Current Assets
14180 Furniture, Fixtures & Office Equipment (FFOE) 24,680.00
14181 Less: Accumulated Depreciation-FFOE 18,725.00 5,955.00
TOTAL ASSETS 386,363.83

LIABILITIES
Current Liabilities

Account Payable - Trade

21220 -
21400 Account Payable - Non Trade 3,000.00
21230 Loan Payable-Current -
21320 SSS/Philhealth/Pag-ibig Premium Contr. Payable 50.00
21440 Interest on Share Capital Payable -
TOTAL LIABILITIES 3,050.00

EQUITY

30400 Undivided Net Surplus (Loss) 9,495.47

Statutory Funds

Reserve Fund
30710 270,720.39
30720 Coop Education & Training Fund 19,439.92
30730 Community Development Fund 11,384.89
30740 Optional Fund 72,273.16 373,818.36
TOTAL LIABILITIES AND EQUITY 386,363.83

See Accompanying Notes to Financial Statements

-
CERTIFIED CORRECT

HELEN Y. TUDLASAN GRACE B. FUENTES

Bookkeeper Chief Operating Officer

JOSETTE F. RIVERA
Auditor
12/31/2021 1/31/2022 2/28/2022 3/31/2022 JV 4/30/2022

18,730.00 5,950.00
18,725.00

-
-
-
- (576.00) 576.00
14,287.24 (14,287.24)

3,363.02 551.77 91.38 1,671.78

270,720.39
19,439.92
11,384.89
72,273.16
290,160.31

CETF -
CDF -
JV 5/31/2022 jv 6/30/2022 jv 7/31/2022 JV 8/31/2021

50.00

(3,892.43) (248.91) 7,958.86

9/30/2021 JV 10/31/2021 jv 11/30/2021 jv 12/31/2021 JV
Closing
 SOLID EMPLOYEES DEVELOPMEN COOPERATIVE
CIN 0101130033
Registration No. 9520-13001113
NOTES TO FINANCIAL STATEMENT-CANTEEN
As of July 31, 2022

1 CASH ON HAND

This account consists of the following:

Sale of Goods (521.98)

Consigned Goods -
Total (521.98)

2 CASH IN BANK

This account consists of the following:

Sale of Goods 171,254.33 *

Consigned Goods 150,897.53 *
Total 322,151.86

3 ACCOUNT RECEIVABLE - TRADE

This account consists of the following:

Catering 788.25 *
Rice 8,385.00 * *
Goods 2,058.01 * *
E-Load 312.00 *
Autoload 274.00 *
Viands 2,045.00 *
Total 13,862.26

4 MERCHANDISE INVENTORIES

This account consists of the following:

Rice 6,390.00
Goods 25,344.61
Viands 340.00
G-Cash 10,000.00
E Load 1,158.25
Auto-Load 1,683.83
Total 44,916.69

4 AP-NON TRADE

This account consists of the following:

MSO 3,000.00
Others -
Total 3,000.00

CERTIFIED CORRECT

HELEN Y. TUDLASAN GRACE B. FUENTES

Bookkeeper Chief Operating Officer
JOSETTE F. RIVERA
Auditor
12/31/21 1/31/2022 JV 2/28/2022 jv 3/31/2022

322.02 2,004.00 (1,672.00) 2,200.00 1,200.00

- (2.00)
322.02 2,004.00 (1,672.00) 2,200.00 1,200.00 (2.00)

216,671.75 (8,112.13) (3,598.46) (1,200.00) 2,129.71

134,184.69 1,859.92 1,595.00 2,541.20
350,856.44 (6,252.21) - (2,003.46) (1,200.00) 4,670.91

- (320.00) 891.00
7,471.75 6,600.00 (5,400.00) 77.00 (4,200.00)
3,290.01
1,983.00 489.00 (135.00) (500.00)
274.00 203.00
535.00
13,553.76 - 7,089.00 (5,720.00) 1,036.00 (4,700.00)

12,300.00 (12,300.00) 6,150.00 (6,150.00) 4,100.00

14,912.76 (14,912.76) 19,243.88 (19,243.88) 26,464.86 (26,464.86)
150.00

1,512.68 (1,512.68) 1,459.61 (1,459.61) 2,181.96 (2,181.96)

783.82 (783.82) 2,545.12 (2,545.12) 1,691.02 (1,691.02)
29,659.26 (29,509.26) 29,398.61 (29,398.61) 34,437.84 (28,646.82)

3,000.00
3,290.88 (2,304.88)
 jv 4/31/2022 jv 5/31/22 JV June JV

5,242.38 2,148.12 (9,810.65) 3,368.65 336.38 (124.88)

2.00 (329.88) 329.88 (124.88) 124.88
2.00 4,912.50 2,478.00 (9,810.65) 3,368.65 211.50 -

(6,969.00) (24,888.47) 329.88 (21,377.70) (665.03) 124.88

(2.00) 2,438.88 (329.88) 2,189.48 3,584.48 (124.88)
(6,971.00) (22,449.59) - (19,188.22) - 2,919.45 -

(571.00) 221.00 144.00 (144.00) 1,608.00

(1,825.50) 2,200.00 (2,200.00) 1,855.00 (3,230.00) 11,350.00
(1,232.00) -
916.00 (241.00) 327.00 (310.00) (105.15) (1,464.00) 683.00
51.00 95.00
4,400.00 (5,020.00) 4,770.00 (2,880.00) 1,440.00 (1,975.00) 775.00
5,367.00 (7,657.50) 7,518.00 (5,390.00) 2,101.85 (6,813.00) 14,511.00

(4,100.00) 23,430.00 (23,430.00) 10,650.00

26,405.52 (26,405.52) 27,645.27 (27,645.27) 27,308.39 (27,308.39) 21,728.95
(150.00) 1,040.00
10,000.00
1,781.50 (1,781.50) 2,830.15 (2,830.15) 3,535.09 (3,535.09) 270.38
2,889.29 (2,889.29) 1,334.02 (1,334.02) 2,561.90 (2,561.90) 2,218.19
28,187.02 (32,287.02) 30,475.42 (8,379.44) 30,843.48 (44,423.48) 33,689.33

(986.00)
 July JV August jv September JV October

(6,654.00) 918.00
918.00 (918.00)
(5,736.00) - - - - - -

19,726.90 (918.00)
2,042.64 918.00
21,769.54 - - - - - -

(1,478.75) 438.00
(6,673.05) 2,359.80

(1,584.85) 254.00
(95.00) (254.00)
(630.00) 630.00
(10,461.65) 3,427.80 - - - - -

(10,650.00) 6,390.00
(21,728.95) 25,344.61
(1,040.00) 340.00

(270.38) 1,158.25
(2,218.19) 1,683.83
(33,689.33) 34,916.69 - - - - -
jv Nov jv Dec JV Closing

- - - - -

- - - - -

- - - - -

- - - - -
 SOLID EMPLOYEES DEVELOPMENT COOPERATIVE
Journal Voucher - CANTEEN
For the Month of July 2022

JV No. 7

No. PARTICULAR DR CR

1 AR Trade-Viands 210.00
Cash Sales-Viands 210.00
To correct OR # 10257 dated 7/22/22 of Mr. Nastor, I

2 AR Trade-Rice 2,280.00
Sales on Account-Rice 2,280.00
To set up receivable of rice for the mo. of July 2022

3 AR Trade-Catering 438.00
Sales on Account-Catering 438.00
To set up receivable of rice for the mo. of July 2022

4 AR Trade-Viands 420.00
Sales on Account-Viands 420.00
To set up receivable of viands for the mo. of July 2022

5 AR Trade-E-load 254.00
AR Trade-Auto-Load 254.00
To correct OR # 10286 dated 7/27/22 of SEDCO Canteen/Dalugdog, C.

6 Cash on Hand-SG 918.00

Cash in Bank-CG 918.00
Cash in Bank-SG 918.00
Cash on Hand-CG 918.00
To correct deposit # 22 dated 6/17/22

7 Purchases-Goods 2,130.00
Purchases-Rice 2,130.00
To adjust purchases of rice for the mo. of July 2022

8 AR Trade-Rice 79.80
Cash Sales-Rice 79.80
To record int. as of July 2022 of Ms. Nuñez, E. per OR # 10300 dated 7/29/22

Prepared by: Approved by:

HELEN Y. TUDLASAN HERMEGINA M. GABOR

Bookkeeper Chairperson
 INCOME FROM CONSUMERS OPERATION

CANTEEN
MONTH
Goods Catering Rice Total

JANUARY -
FEBRUARY -
MARCH -
APRIL -
MAY -
JUNE -
JULY -
AUGUST -
SEPTEMBER -
OCTOBER -
NOVEMBER -
DECEMBER -
TOTAL - - - -
 SOLID EMPLOYEES DEVELOPMENT COOPERATIVE
Closing Entries-CANTEEN
As of December 31, 2021

JV No. 13

No. PARTICULAR DR CR

1 Income & Expense Summary 128,645.28

Salaries & Wages 100,121.88
Employees Benefit 13,954.00
SSS, Philhealth, Pag-ibig Premium Cont. 10,392.00
Office Supplies 2,304.40
Travel & Transportation 373.00
Repairs & Maintenance 300.00
Communication Expense 1,200.00
To close expenses in Income & Expense Summary Account

2 Income from Consumers Operations 123,087.93

Income / Interest from Investments 5,144.44
Commission Income 20,823.24
Income & Expense Summary 149,055.61
To close Revenues in Income & Expense Summary Account

3 Income & Expense Summary 20,410.33

Undivided Net Surplus 20,410.33
To close Income & expense summary account

4 Undivided Net Surplus 20,410.33

Reserve Fund (10%) 2,041.03
Coop Education & Training Fund (10%) 2,041.03
Community Development Fund (3%) 612.31
Optional Fund - Land & Building (7%) 1,428.72
To provide allocation for Statutory Funds

Undivided Net Surplus 20,410.33

less: Statutory Funds 6,123.09
For Dividend Distribution 100% 14,287.24

Dividend Distribution 100% 14,287.24

Prepared by: Approved by:

HELEN Y. TUDLASAN GRACE B. FUENTES

Bookkeeper Chief Operating Officer