Province of Negros Oriental
Municipality of San Jose
Statement of Changes in Net Assets/Equity
For the Year Ended December 31, 2024
(With Comparative Figures for CY 2023)
2024 2023
Balance, January 1 ₱ 221,798,442.59 ₱ 211,147,036.98
Add (Deduct)
Change in Accounting Policy - -
Prior Period Errors 283,972.71 16,750.21
Restated Balance ₱ 222,082,415.30 ₱ 211,163,787.19
Add (Deduct) Changes in Net Assets/Equity during the year
Adjustments recognized directly in Net Assets/Equity 4,012,374.99 4,995,006.31
Surplus (Deficit) for the period 4,064,373.28 5,639,649.09
Total reconized revenue and expenses for the peri ₱ 8,076,748.27 ₱ 10,634,655.40
Balance, December 31 ₱ 230,159,163.57 ₱ 221,798,442.59
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