KASHATO SHIRTSCHECKBOOK SUMMARY FORM

DATE CHECK PARTICULARS DEPOSIT WITHDRAWAL BALANCE10/1/06 Balance 205,358.0010/2/06 OR 232 - Dechavez Shirt Station 87,808.00 293,166.0010/2/06 81191 Ayala Forwarders 1,120.00 292,046.0010/3/06 81192 Cameseria Fornolles 26,880.00 265,166.0010/4/06 81193 Arzadon Services 2,688.00 262,478.0010/5/06 81194 Social Security System 11,135.00 251,343.0010/5/06 OR 233 - Eulogio Garments 43,904.00 295,247.0010/8/06 OR 234 - Dabucol Bargain House 26,342.40 321,589.4010/8/06 OR 235 - Gangoso Commercial 11,200.00 332,789.4010/8/06 Cash Sales 358,400.00 691,189.4010/9/06 81195 Alvaro Marketing 224,000.00 467,189.40

10/10/06 81196 Bureau of Internal Revenue 22,795.16 444,394.2410/10/06 81197 PHILHEALTH 3,525.00 440,869.2410/12/06 OR 236 - Cabulay Enterprises 78,400.00 519,269.2410/13/06 81198 Yacapin Trading 110,880.00 408,389.2410/15/06 81199 Payroll 62,472.82 345,916.4210/15/06 81200 Bacalso Trading 6,720.00 339,196.4210/15/06 81201 Bala Shirts 44,800.00 294,396.4210/15/06 81202 PAGIBIG Funds 1,800.00 292,596.4210/15/06 Cash Sales 280,000.00 572,596.4210/17/06 81203 Penaco Manufacturing 164,640.00 407,956.4210/18/06 81204 Bonoan Repairs 5,600.00 402,356.4210/19/06 Kalaw Marketing 17,920.00 420,276.4210/22/06 Cash Sales 244,160.00 664,436.4210/22/06 81205 Sunglao Freight Services 3,360.00 661,076.4210/23/06 Dabucol Bargain House 52,684.80 713,761.2210/23/06 81206 Nazario Development Bank 520,000.00 193,761.2210/23/06 81207 Dela Torre Supplies 7,100.80 186,660.4210/24/06 Pateño Sales 244,000.00 430,660.42

10/24/06 81208 Castro Wears 24,640.00 406,020.4210/25/06 81209 Bureau of Internal Revenue 63,003.00 343,017.4210/26/06 81210 Alvaro Marketing 131,712.00 211,305.4210/27/06 Eulogio Garments 98,784.00 310,089.4210/29/06 81211 Rosita Fernandez 160,000.00 150,089.4210/29/06 81212 Petty Cash Fund 6,216.00 143,873.4210/30/06 Kalaw MArketing 56,000.00 199,873.4210/30/06 81213 Meralco 16,800.00 183,073.4210/30/06 81214 Cabance Telephone Company 8,176.00 174,897.4210/30/06 81215 People's Journal 8,960.00 165,937.4210/31/06 81216 Payroll 62,472.82 103,464.6010/31/06 Cash Sales 481,600.00 585,064.6010/31/06 81217 Rosita Fernandez 35,000.00 550,064.60

11/1/06 Cabulay Enterprises 64,960.00 615,024.60

BALANCE 615,024.60

LUDEL MAIELLO F. MIER AC11

KASHATO SHIRTSCHECK REGISTER

DEBITS CREDITSCHECK PAYEE VO. VOUCHERS PURCHASE INPUT

DATE NO. NO. PAYABLE DISCOUNT TAX CASH10/02/06 81191 Ayala Forwarders 206 1,120.00 1,120.0010/03/06 81192 Cameseria Fornolles 193 26,880.00 26,880.0010/04/06 81193 Arzadon Services 207 2,688.00 2,688.0010/05/06 81194 Social Security System 200 11,135.00 11,135.0010/09/06 81195 Alvaro Marketing 198 224,000.00 224,000.0010/10/06 81196 BIR 201 22,795.16 22,795.1610/10/06 81197 PHILHEALTH 202 3,525.00 3,525.0010/13/06 81198 Yacapin Trading 199 112,000.00 1,000.00 120.00 110,880.0010/15/06 81199 Payroll 211 62,472.82 62,472.8210/15/06 81200 Bacalso Trading 212 6,720.00 6,720.0010/15/06 81201 Bala Shirts 197 44,800.00 44,800.0010/15/06 81202 PAG-IBIG Funds 203 1,800.00 1,800.0010/17/06 81203 Penaco Manufacturing 209 168,000.00 3,000.00 360.00 164,640.0010/18/06 81204 Bonoan Repairs 215 5,600.00 5,600.0010/22/06 81205 Sunglao Freight Services 217 3,360.00 3,360.0010/23/06 81206 Nazaro Dvlpment Bank 218 520,000.00 520,000.0010/23/06 81207 Dela Torre Supplies 219 7,100.80 7,100.8010/24/06 81208 Castro Wears 195 24,640.00 24,640.0010/25/06 81209 BIR 204 63,003.00 63,003.0010/26/06 81210 Alvaro Marketing 213 134,400.00 2,400.00 288.00 131,712.0010/29/06 81211 Rosita Fernandez 222 160,000.00 160,000.0010/29/06 81212 Petty Cash Fund 223 6,216.00 6,216.0010/30/06 81213 Meralco 224 16,800.00 16,800.0010/30/06 81214 Cabance Telephone Co. 225 8,176.00 8,176.0010/30/06 81215 People's Journal 226 8,960.00 8,960.0010/31/06 81216 Payroll 227 62,472.82 62,472.8210/31/06 81217 Rosita Fernandez 232 35,000.00 ___________ __________ 35,000.00

TOTALS 1,743,664.60 6,400.00 768.00 1,736,496.60

KASHATO SHIRTSSALES JOURNAL

DEBIT CREDITSACCOUNTS OUTPUT

DATE INV NO. ACCOUNT DEBITED PR RECEIVABLE TAX SALES10/01/06 254 Kalaw Marketing 56,000.00 6,000.00 50,000.0010/04/06 255 Dechavez Shirts Station 22,400.00 2,400.00 20,000.0010/12/06 256 Dabucol Bargain House 53,760.00 5,760.00 48,000.0010/16/06 257 Eulogio Garments 100,800.00 10,800.00 90,000.0010/19/06 258 Cabulay Enterprises 64,960.00 6,960.00 58,000.00

10/29/06 259 Dabucol Bargain House 89,600.00 9,600.00 80,000.0010/31/06 260 Nolasco Outfitters 76,160.00 8,160.00 68,000.00

TOTALS 463,680.00 49,680.00 414,000.00

LUDEL MAIELLO F. MIER AC11

KASHATO SHIRTSCASH RECEIPTS JOURNAL

DEBITS CREDITSDATE OR DESCRIPTION CASH OUTPUT SALES ACCOUNTS OUTPUT SALES OTHER ACCOUNTS

TAX DISC RECEIVABLE TAX ACCOUNT F AMOUNTTITLE

10/01/06 232 Dechavez Shirts Station 87,808.00 192.00 1,600.00 89,600.0010/05/06 233 Eulogio Garments 43,904.00 96.00 800.00 44,800.0010/08/06 Cash Sales 358,400.00 38,400.00 320,000.0010/08/06 234 Dabucol Bargain House 26,342.40 57.60 480.00 26,880.0010/08/06 235 Gangoso Commercial 11,200.00 11,200.0010/12/06 236 Cabulay Enterprises 78,400.00 78,400.0010/15/06 Cash Sales 280,000.00 30,000.00 250,000.0010/19/06 237 Kalaw Marketing 17,920.00 17,920.0010/22/06 238 Dabucol Bargain House 52,684.80 115.20 960.00 53,760.0010/22/06 Cash Sales 244,160.00 26,160.00 218,000.0010/24/06 239 Pateño Sales 244,000.00 Notes Receivable 240,000.00

Interest Income 2,400.00Interest Receivable 1,600.00

10/27/06 240 Eulogio Garments 98,784.00 216.00 1,800.00 100,800.0010/30/06 241 Kalaw Marketing 56,000.00 56,000.0010/31/06 Cash Sales 481,600.00 51,600.00 430,000.0010/31/06 242 Cabulay Enterprises 64,960.00 __________ __________ 64,960.00 __________ ____________ __________________

TOTALS 2,146,163.20 676.80 5,640.00 544,320.00 146,160.00 1,218,000.00 244,000.00

LUDEL MAIELLO F. MIER AC11

LUDEL MAIELLO F. MIER AC11

KASHATO SHIRTSVOUCHER REGISTER

VOUCHER DATE CREDIT DEBITS OTHER ACCOUNTSNO. DATE PAYEE TERMS PD CK NO. VOUCHER Purchases INPUT Account Title PR DEBIT CREDIT

PAYABLE TAX205 10/2/06 Penaco Manufacturing Co. 2/15, n/30 cancelled 179,200.00 160,000.00 19,200.00206 10/2/06 Ayala Forwarders 10/2/06 81191 1,120.00 120.00 Transportation IN 1,000.00207 10/4/06 Arzadon Services 10/4/06 81193 2,688.00 288.00 Repairs and Maintenance Expense 2,400.00208 10/5/06 Solis Shirts Factory n/30 22,848.00 20,400.00 2,448.00209 10/5/06 Penaco Manufacturing Co. 2/15, n/30 10/17/06 81203 168,000.00 Voucher Payable 179,200.00

Purchase Returns And Allowance 10,000.00Input Tax 1,200.00

210 10/12/06 Digao Office Systems n/30 cancelled 40,320.00 4,320.00 Furnitures and Fixtures 36,000.00211 10/15/06 Payroll 10/15/06 81199 62,472.82 Salaries Expense 77,160.00

SSS and EC Contribution Payable 1,958.35Philhealth Contribution Payable 881.25PAG-IBIG Contribution Payable 450.00Withholding tax payable 11,397.58

212 10/15/06 Bacalso Merchandising COD 10/15/06 81200 6,720.00 720.00 Supplies 6,000.00213 10/16/06 Alvaro Marketing 2/10, n/30 134,400.00 120,000.00 14,400.00214 10/17/06 Digao Office Systems n/30 29,120.00 Voucher Payable 40,320.00

Furnitures and Fixtures 10,000.00Input Tax 1,200.00

215 10/18/06 Bonoan Repairs 10/18/06 81204 5,600.00 600.00 Repairs and Maintenance Expense 5,000.00216 10/20/06 Cameseria Fornolles 112,000.00 100,000.00 12,000.00217 10/22/06 Sunglao Freight Services 10/22/06 81205 3,360.00 360.00 Transportation IN 3,000.00218 10/23/06 Nazario Development Bank 520,000.00 Notes Payable 500,000.00

Interest Payable 16,166.67Interest Expense 3,833.33

219 10/23/08 Dela Torre Supplies 10/23/06 81207 7,100.80 760.80 Supplies 6,340.00220 10/24/06 Bala Shirts 1/15, n/30 112,000.00 100,000.00 12,000.00221 10/26/06 Penaco Manufacturing Co. 2/15, n/60 206,080.00 184,000.00 22,080.00222 10/29/06 Rosita Fernandez 10/29/06 81211 160,000.00 Rosita Fernandez, Withdrawal 160,000.00223 10/29/06 Elenita Dedumo (Petty Cash) 10/29/06 81212 6,216.00 582.00 Supplies 4,850.00

84.00 Miscellaneous Expense 700.00224 10/30/06 Meralco 10/30/06 81213 16,800.00 1,800.00 Utilities Expense 15,000.00225 10/30/06 Cabance Telephone Co. 10/30/06 81214 8,176.00 876.00 Utilities Expense 7,300.00226 10/30/06 People's Journal 10/30/06 81215 8,960.00 960.00 Advertising Expense 8,000.00227 10/31/06 Payroll 10/31/06 81216 62,472.82 Salaries Expense 77,160.00

SSS and EC Contribution Payable 1,958.35

Philhealth Contribution Payable 881.25PAG-IBIG Contribution Payable 450.00Withholding tax payable 11,397.58

228 10/31/06 Social Security System 11,135.00 SSS and EC Contribution Payable 3,916.70SSS and EC Contribution Expense 7,218.30

229 10/31/06 PHILHEALTH 3,525.00 Philhealth Contribution Payable 1,762.50Philhealth Contribution Expense 1,762.50

230 10/31/06 PAG-IBIG 1,800.00 PAG-IBIG Contribution Payable 900.00PAG-IBIG Contribution Expense 900.00

231 10/31/06 BIR 22,795.16 Withholding tax payable 22,795.16232 10/31/06 Rosita Fernandez 10/31/06 81217 35000 __________ __________ Rosita Fernandez, Withdrawal 35,000.00 ____________

TOTALS 1,949,909.60 684,400.00 93,598.80 1,223,685.16 51,774.36

LUDEL MAIELLO F. MIER AC11

KASHATO SHIRTSVOUCHER REGISTER

OTHER ACCOUNTSCREDIT

10,000.001,200.00

1,958.35881.25450.00

11,397.58

10,000.001,200.00

1,958.35

881.25450.00

11,397.58

____________

51,774.36

LUDEL MAIELLO F. MIER AC11

KASHATO SHIRTSDATA SUMMARIES

DATE ACCOUNT TITLE SOURCE PR DEBIT CREDIT10/31 Vouchers Payable Check Register 1,743,664.6010/31 Purchase Discount Check Register 6,400.0010/31 Input Tax Check Register 768.0010/31 Cash Check Register 1,736,496.6010/31 Accounts Receivable Sales Journal 463,680.0010/31 Output Tax Sales Journal 49,680.0010/31 Sales Sales Journal 414,000.0010/31 Cash Cash Receipt 2,146,163.2010/31 Output Tax Cash Receipt 676.8010/31 Sales Discount Cash Receipt 5,640.0010/31 Accounts Receivable Cash Receipt 544,320.0010/31 Output Tax Cash Receipt 146,160.0010/31 Sales Cash Receipt 1,218,000.0010/31 Notes Receivable Cash Receipt 240,000.0010/31 Interest Income Cash Receipt 2,400.0010/31 Intrest Receivable Cash Receipt 1,600.0010/31 Voucher Payable Voucher Register 1,949,909.6010/31 Purchases Voucher Register 684,400.0010/31 Input Tax Voucher Register 93,598.80

10/2 Transportation IN Voucher Register 1,000.0010/4 Repairs and Maintenance Expense Voucher Register 2,400.0010/5 Voucher Payable Voucher Register 179,200.0010/5 Purchase Returns And Allowance Voucher Register 10,000.0010/5 Input Tax Voucher Register 1,200.00

10/12 Furnitures and Fixtures Voucher Register 36,000.0010/15 Salaries Expense Voucher Register 77,160.0010/15 SSS and EC Contribution Payable Voucher Register 1,958.3510/15 Philhealth Contribution Payable Voucher Register 881.2510/15 PAG-IBIG Contribution Payable Voucher Register 450.0010/15 Withholding tax payable Voucher Register 11,397.5810/15 Supplies Voucher Register 6,000.0010/17 Voucher Payable Voucher Register 40,320.0010/17 Furnitures and Fixtures Voucher Register 10,000.0010/17 Input Tax Voucher Register 1,200.0010/18 Repairs and Maintenance Expense Voucher Register 5,000.0010/22 Transportation IN Voucher Register 3,000.0010/23 Notes Payable Voucher Register 500,000.0010/23 Interest Payable Voucher Register 16,166.6710/23 Interest Expense Voucher Register 3,833.3310/23 Supplies Voucher Register 6,340.0010/29 Rosita Fernandez, Withdrawal Voucher Register 160,000.0010/29 Supplies Voucher Register 4,850.0010/29 Miscellaneous Expense Voucher Register 700.0010/30 Utilities Expense Voucher Register 15,000.0010/30 Utilities Expense Voucher Register 7,300.0010/30 Advertising Expense Voucher Register 8,000.0010/31 Salaries Expense Voucher Register 77,160.0010/31 SSS and EC Contribution Payable Voucher Register 1,958.3510/31 Philhealth Contribution Payable Voucher Register 881.2510/31 PAG-IBIG Contribution Payable Voucher Register 450.0010/31 Withholding tax payable Voucher Register 11,397.5810/31 SSS and EC Contribution Payable Voucher Register 3,916.7010/31 SSS and EC Contribution Expense Voucher Register 7,218.3010/31 Philhealth Contribution Payable Voucher Register 1,762.5010/31 Philhealth Contribution Expense Voucher Register 1,762.5010/31 PAG-IBIG Contribution Payable Voucher Register 900.0010/31 PAG-IBIG Contribution Expense Voucher Register 900.0010/31 Withholding tax payable Voucher Register 22,795.1610/31 Rosita Fernandez, Withdrawal Voucher Register 35,000.00

10/4 Sales Returns and Allowances General Journal 4,000.0010/4 Output Tax General Journal 480.0010/4 Accounts Receivable - Eulogio General Journal 4,480.00

10/19 Accounts Payable General Journal 33,600.0010/19 Notes Payable General Journal 33,600.0010/31 Allowance for uncollectible debts General Journal 6,720.0010/31 accounts receivable General Journal 6,720.00

TOTALS 6,406,308.56 6,406,308.56