MOADTO STRIP MALL: TENANT FINANCIAL STATE AMID COVID-19

PANDEMIC

A Monograph Presented to the Faculty of Senior High School Department

DR. CECILIO PUTONG NATIONAL HIGH SCHOOL

City of Tagbilaran

In Partial Fulfillment of the Requirement in Practical Research 1

ROSARIE MAE GUIRIT 11 ABM-A

June 2021
I. INTRODUCTION AND TOPIC BACKGROUND

A financial statement is a formal record of the financial activities, and position of a

business, person, or other entity. Financial statement provide a summary of the accounting of
the business enterprise, the balance-sheet reflecting the assets, liabilities and capital as on a
certain data and the income statement showing the results of operations during a certain
period." Jhon N. Nyer

Financial statements are a structured representation of the financial position

(Balance Sheet) and financial performance (Income Statement) of an entity. Financial statement
also show the result's of management's stewardship of the resources entrusted to it.

The objective of financial statement is to provide information about the financial

position, financial performance, and cash flows of an entity that is useful to a wide range of
users in making economic decisions.

Financial statements are important because they contain significant information

about a company's financial health. Financial statements help companies make informed
decisions since they highlight which areas of business finance lies in it's capacity to keep a
business operating smoothly without running out of cash while, also securing funds for longer-
term investments.
II. GUIDE QUESTIONS/INTERVIEW QUESTIONS

The study aimed to document the financial statement of Moadto Strip Mall.
Specifically, it sought to answer the following questions:

1. Does COVID-19 affect the financial state of tenant of Moadto Strip Mall?

2.What are the challenges by the tenant during the pandemic?

3. What are the strategies of the tenant to keep their business alive amid COVID-19?

1.What is the effect of COVID-19 in your financial state?

2.What are the challenges that you encountered during pandemic?

3. Is there a difference between the financial status before and after pandemic?

4. When did you start being a tenant of Moadto Strip Mall?

5. How do you keep your business alive/exist during the pandemic?

6. How was your income before and during the pandemic?

7. How does COVID-19 affect your financial state?

8. What are your strategies on keeping your business alive amid COVID-19?

III. OPERATIONAL DEFINITION OF TERMS

For the purpose of clarification, the important terms used in this study have been
defined.

Statement of financial position - also known as "balance sheet" presents the financial position
of an entity at the given date. It is comprised of the following three elements:

1. Assets- something a business owns or controls.

2. Liabilities- something a business owes to someone.

3. Equity- what the business owes to its owners. This represent the amount of capital that
remain in business after it's assets are used to pay off it's outstanding liabilities.

Income Statement - also known as "profit and loss" reports the company's financial
performance in terms of net profit or loss over a specified period.

Cash Flow Statement- presents the movement in cash and bank balances over a period.

Tenant- one who has the occupation or temporary possession of lands or tenements.

IV. RESEARCH METHODOLOGY

This study utilized qualitative descriptive research. The main goal of qualitative
descriptive research is comprehensive summarization in everyday terms of specific events
experienced by individuals or group of individuals. It also presupposes the cause and effect
relationship between behavior and outcome. This descriptive research sought to find answers to
the questions through analysis of variable relationship. It was specifically about the Moadto Strip
Mall: Tenant Financial State Amid COVID-19 Pandemic.

The research study was conducted in Moadto Strip Mall. It took place inside the
premises in the Moadto specifically to the tenant in Moadto Strip Mall.
This study focused on 1 tenant in Moadto Strip Mall.

The researcher used interview questions as their guide for the interview. The researcher also
used other sources from the internet for the development of this study.

V. PRESENTATION OF DATA GATHERED

The effect of COVID-19 in our financial state is there a big loss in our sales. The
challenges that we encountered during pandemic is the "Bohol Bee Farm" are totally
closed and that is the worst that we encountered. Yes. There is a big difference
because of pandemic. I started on December 2019. Actually, our branch was closed
during tje pandemic but, If we talked about whole Bee Farm, we are not totally closed
because there is one branch open. Our main branch is doing their very best even if
there is pandemic that we face right now. We still have catering and ordering through
online. We do our very best, we find ways, so that we can keep our business alive. As I
said, there is a big loss in our income. Number one of our strategies is the reducing of
staff,we use social media or online selling. Even though we have low income, we
continue it through online.