Salesclerk 4 500000 2000000 salaries expense 24000000

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Salesclerk45,000.0020,000.00Salaries Expense240,000.00Note 6: 13thmonth Pay13thmonth PayNo. ofEmployeesMonthlySalariesTotalSalesclerk45,000.0020,000.0013th month Pay20,000.00
41Note 7: SSS, PHIC, HDMF ContributionSSS, PHIC, HDMF ContributionEmployeesNo. ofEmployeesMonthlySalariesContributionsTotalEmployeeContributionSSS(4.50%)PhilHealth(3.50%/2)Pag-Ibig(2%)Salesclerk45,000.00900.00350.00400.001,650.00Yearly Contributions19,800.00Note 8: Office SuppliesOffice SuppliesQuantityCostTotalA4 Bond Paper4230.00920.00Printer Ink2300.00600.00Ballpen1015.00150.00Business Receipts655.00330.00Office Supplies2,000.00SSS, PHIC, HDMF ContributionEmployerNo. ofEmployeesMonthlySalariesContributionsTotalEmployerContributionSSS(8.50%)PhilHealth(3.50%/2)Pag-Ibig(2%)Salesclerk45,000.00 1,700.00350.00400.002,450.00Yearly Contributions29,400.00Total SSS, PHIC, HDMF Payable49,200.00
42Note 9: Marketing ExpenseMarketing ExpenseOnline Advertising4,000.00Onsite Advertising4,000.00Marketing Expenses12,000.00Note 10: Insurance ExpenseInsurance ExpenseMonthsCostTotalInsurance4230.00920.00Note 11: Depreciation ExpensePurchase CostUseful LifeDepreciationOffice equipment:Computer Set15,000.0010 years1,500.00A/C10,000.0010 years1,000.00TV7,000.005 years1,400.00CCTV (4 cameras)15,000.0010 years1,500.00Speakers3,000.0010 years300.00Digital Camera12,000.0012 years1,000.00Cash Register3,000.0010 years300.00Depreciation Expense7,000.00
43Note 12: Utilities ExpenseMonthlyYearlyWater2,000.0024,000.00Electricity3,000.0036,000.00Internet2,000.0024,000.00Utilities Expenses84,000.00Note 13: Business Permit & LicensesYear 1Business Permit5,000.00BIR Certification and Compliance4,000.00DTI BN Reg. Certificate1,000.00Professional Fees5,000.00Business Permits & Licenses15,000.00Year 2/3Business Permit2,000.00BIR Certification and Compliance500.00DTI BN Reg. Certificate1,000.00Business Permits & Licenses3,500.00
44Note14: Investments & Partners’ ContributionInvestments & Partners’ ContributionBerdin, Capital100,000.00Lirazan, Capital100,000.00Nardo, Capital100,000.00Traya, Capital100,000.00Tubang, Capital100,000.00Business Permits & Licenses500,000.00Note 15: VAT Tax PayableVAT Tax Payable202220232024Cost of Sales1,387,366.222,081,049.002,744,732.4412%12%12%Input Tax166,483.95249,725.88501,696.00Gross Sales2,090,400.003,135,600.004,180,800.0012%12%12%Output Tax250,848.00376,272.00501,696.00VAT Payable84,364.05126,546.12172,328.11Monthly Payable7,030.3410,545.5114,360.68
45Note 16: Income Tax PayableIncome Tax Payable202220232024Quarter 17,247.5334,698.8061,062.57Quarter 27,247.5334,698.8061,062.57Quarter 37,247.5334,698.8061,062.57Quarter 47,247.5334,698.8061,062.57Total28,990.13138,795.20244,250.27Tax Expense for the year21,742.60104,096.60183,187.70Income Tax Payable7,247.5334,698.8061,062.57
46VII.APPENDICESAPPENDIX 1 - SURVEY QUESTIONNAIREDear Respondent,Good day! We, the third year BSAIS students of UIC, would like to ask foryour time to answer the following questions to gather sufficient data for ourfeasibility study. The purpose of the study is to determine the marketability andacceptability of Clothing Boutique in Matina, Davao City. Rest assured that yourinformation will be kept confidential and only be used for the purpose of our study.Thank you for your participation.The Researcher/s---------------------------------------------------------------------------------------------------------------------Instructions:Pleasecheck the box that corresponds to the statement that bestapplies to you.

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