DE JESUS, KRISTINE CAI L

11ABM C1-1

I’ve gained a lot of knowledge during the whole semester of Fundamentals of Accountancy, Business
and Management. I’ve learned what are the Nature and Function in Business, The Various Branches and
Areas of Accounting together with the Different Types of Accounting Services Rendered, Internal and
External Users of Accounting Information, Forms of Business Organizations and its Advantages and
Disadvantages, how to Identify the types of Business According to Activities, Varied Accounting Concepts
and Principles, Illustrating the Accounting Equations, Discussing the Types of Major Accounts Preparing
Chart Accounts, Identifying the Uses of Two Books of Accounts, Identifying the Types of Journals and
Ledgers, Identifying Business and Non-Business Transactions and Analyzing Common Business
Transactions, Journalizing Accounting Transactions, Posting Ledgers and Preparing Trial Balance,
Preparing Adjusting Entries, Preparing the worksheet and Closing Entries, Preparing Basic Financial and
Describing the Accounting Cycle of a Service Business, and Describing and Recording Transactions in a
Merchandising Business. If we’re talking about experiences, as you can see I type all those lessons that
we already tackled, twenty four lesson is equivalent to twenty four journals that I have submit 20
minutes before the deadline but the important thing is I learned.