Republic of the Philippines

PALAWAN STATE UNIVERSITY

SOCIETY OF INFORMATION SYSTEM

Worksheet
As of June 30, 2017

Trial Balance Statement of Activities Financial Position

Cash ### ###
Net Assets 6,000.00 ###
Revenue ### ###
Supplies 24734.85 ###
Food Expense 62579.16 ###
Miscellaneous Expense 2368 2,368.00
Other Expense 2815.25 2,815.25

Total ### ###

### ### ###
### ### ###
Changes in Net Assets ### ###
Balance ### ### ### ### ### ###
 Republic of the Philippines
PALAWAN STATE UNIVERSITY
SOCIETY OF INFORMATION TECHNOLOGY ENTHUSIASTS

Statement of Financial Position

Ended September 30, 2017

Assets: Note
Current Assets
Cash 1 54,380.25
Accounts Receivable from CS-CSC 500.00
Receivable from Officer 5,500.00
NonCurrent Assets
Property and Equipment-net 2 11,040.55
Total Assets ###

Net Assets:
Unrestricted 71,420.80
Temporarily Restricted
Permanently Restricted -
Total Net Assets ###
 Republic of the Philippines
PALAWAN STATE UNIVERSITY
Society of Information Technology Enthusiasts

Statement of Cash Flows

Ended September 30, 2017

Cash Flows from Operating Activities:

Cash received from Android Forum (participants) 1,590.00
Cash received from Android Forum( Presentors) 15,750.00
Cash received from Income Generating Activity (intrams) 2,105.50
Cash paid for INTRAMS (SITE RE-BOOTH) WHOLE WEEK (8,834.05)
Cash paid for SUPPLIES (215.00)
Cash paid for SITE CELEBRATION FOR INTRAMS (2,571.80)
Cash paid for SITE MEETING FOR SCIENCE WEEK (264.00)
Cash paid for SCIENCE WEEK SUPPLIES and SITE SUPPLIES (4,719.00)
Cash paid for SCIENCE WEEK (16,857.47)
Cash paid for ANDROID FORUM (7,523.25)
Cash paid for VINTAGE-MODERN PHOTOGRAPHY TRAINING (3,329.00)
Net cash provided by (used for) operating activities (24,868.07)

Cash flows from Investing Activities

Net cash provided by (used for) investing activities
Cash flows from FinancingAactivities
Cash borrowes by Officers (5,500.00)
Net cash provided by (used for) financing activities

Net Increase (Decrease) in Cash and Cash Equivalents ###

Cash and Cash Equivalents at beginning of Month 84,603.78
Cash and Cash Equivalents at end of September 54,235.71
 Republic of the Philippines
PALAWAN STATE UNIVERSITY
SOCIETY OF INFORMATION TECHNOLOGY ENTHUSIASTS

Statement of Activities
Ended September 30, 2017
Temporaril
y Permanently
Unrestricted Restricted Restricted Total
Revenues:
ANDROID FORUM(PARTICIPANTS) 1590 1,590.00
ANDROID FORUM(PRESENTORS) 15750 15,750.00
Income Generating Activity (Intrams) 2105.5 2,105.50
Cash Overage 144.54 144.54
Total Revenues 19,590.04 - - 19,590.04

Net Assets Released from Restrictions:

Satisfaction of Program Requirem

Total Net Assets released from Rest - -

Total Revenue 19,590.04 - - ###

Expenses:
INTRAMS (SITE RE-BOOTH) WHOLE WEEK 8,834.05 8,834.05
SUPPLIES 215.00 215.00
SITE CELEBRATION FOR INTRAMS 2,571.80 2,571.80
SITE MEETING FOR SCIENCE WEEK 264.00 264.00
SCIENCE WEEK SUPPLIES and SITE SUPPLIES 4,719.00 4,719.00
SCIENCE WEEK 16,857.47 16,857.47
ANDROID FORUM 7,523.25 7,523.25
VINTAGE-MODERN PHOTOGRAPHY TRAINING 3,329.00 3,329.00
Depreciation 362.54 362.54
Total Expenses 44,676.11 44,676.11

Changes in Net Assets (25,086.07) - - ###

Net Assets beginning of month 96,506.87 - - ###

Net Assets, ended September 3 71,420.80 - ###

 Republic of the Philippines
PALAWAN STATE UNIVERSITY
Society of Information Technology Enthusiasts

Notes to Financial Statements

Ended September 31,2017

Note 1: Cash
Cash on Hand 9361
Cash in Bank 45019.25
Total Cash 54380.25
Cash and Cash equivalent ended Se ###
Cash Overage 144.54

Note 2: PPE
Property and Equipment beg 11403.09
Less Accumulated Depn
Total Depn. Per sem 2175.23
divide 6 months 6
Depn per month 362.54
Depn September 362.54
PPE as of June 30,2017 11,040.55
 Republic of the Philippines
PALAWAN STATE UNIVERSITY
Society of Information Technology Enthusiasts

Statement of Functional Expenses

For the month of September 2017

Program Services
Vintage
Modern
Total All Intrams Android Photogra
Services (Booth) Science Week Forum phy

Supplies Expense ### ### 12,163.20 70.25 479.00

Food Expense ### ### 8,473.27 ### ###
Miscellaneous Expense ### 715.00 320.00 75.00 100.00
Other Expense 982.54 620.00

Total Expenses ### ### 21,576.47 ### ###

IVERSITY
nology Enthusiasts

nal Expenses
ember 2017

Supporting Services

Manage Total
Total ment and Supporti
Programs General ng

16,274.75 215.00 215.00

23,158.02 ### ###
1,210.00 -
620.00 362.54 362.54

### ### ###

Supplie- Food-supMisc Other
525.00 ### ###
644.00 ###
### 234.00 250.00
230.00 140.00 ###
###
215.00
###
264.00

### ### 140.00 ###