To: San Miguel, Nabua, Camarines Sur

From: Sto. Nino, Bula, Camarines Sur

March 02, 2021

Dear Sir/Madam,

RE: PERMISSION TO OPEN A SMALL BUSINESS WITHIN THE CAMPUS

I am writing to request permission to open a small business within the campus as a fulfillment for the
requirements on our subject, Entrepreneurship. I will be held up because this is where we are obliged to
open our small business.

I will be done with this business in negotiated time allowance and I promise to watch out for the rules and
regulations inside the campus while going on with my business.

Thank you in advance.

Sincerely Ayyad, Mariam C.

Signature 

09095430547

Noted By:

Mrs. Lea I. Aldiano

Adviser
02-02-2021
Lea I. Aldiano
Adviser/ 11 HUMSS-10 
Nabua National High School,
Camarines Sur

Dear Madam,

Consent for My Child to Open a Business Inside the Campus

I write to authorize my child, Mariam C. Ayyad, to open a small business inside the campus in partial
fulfillment for her subject, Entrepreneurship scheduled from February 02, 2021 to February 15, 2021.

I understand that her participation in this activity is an important part of her learning process. I further
understand that the school authorities will be fully responsible for the safety and well-being of my child
during the business fair. In the case of any unavoidable occurrences as this is a mandatory activity, I
would not hold the school authorities responsible. 

Details of the Student

Student’s Name: Mariam Ayyad

Grade: 11

…………………………..

(Guardian’s signature)

Name: Ms. Shiela Mae A. Consorte

Phone Number: 01234567

Activity 3. Number 3
DATE VALUE RECEIVED
February 01, Working capital of Php5,000.
2021
February 02. Purchased 10 5-gallon water
2021 container at the amount of
1790 pesos.
Filled 10 jugs of water
amounting to Php300.
February 03, Four plastics chairs amounting
2021 to Php480.
February 04, Received Php105 from walk-in
2021 customers for the 3 jugs of
water purchased.
February 05, Received Php175 from walk-in
2021 customers for the 5 jugs of
water purchased.
February Received Php70 from orders
06,2021 of water and an additional of
Php20 pesos for the delivery
services.
February 10, Refilled 10 jugs of water at the
2021 amount of Php300.
February 11, Purchased 10 5-gallon water
2021 container at the amount of
Php1790.
February 13, Received Php175 from orders
2021 of water and an additional of
Php20 for 2 delivery services.
February 15, Received Php245 from walk-in
2021 customers for the 7 jugs of
water purchased.
February 16, Sold 3 jugs of water to
2021 customers amounting to
Php105 and an additional of
Php30 for the delivery
services.
February Rendered services of delivery
17,2021 boy amounting to Php150.
VALUE PARTED WITH
Owner spent Php5,000 for the capital.
Php1790 was spent for the purchase of water
containers.
An amount of Php300 was spent for the purchase
of water supply.
An amount of Php480 for the purchase of plastic
chairs.
Sold 3 jugs of water to customers amounting to
Php105.
Sold 5 jugs of water to customers amounting to
Php175.
Rendered delivery services to customers and sold
2 jugs of water.
Php300 was spent for the refill.
Php1790 was spent for the purchase of water
containers.
Sold 5 jugs of water and rendered 2 delivery
services.
Sold 7 jugs of water to customers amounting to
Php245.
Rendered delivery services to customers and sold
3 jugs of water.
Paid an amount of Php150 for the rendered
delivery services by the delivery boy.
February 18, Refilled 20 jugs of water at the Php600 was spent for the refill of water jugs.
2021 amount of Php600. Spent Php100 for the transportation.
Transportation fee of Php100,
back and forth.
February 20, Received Php210 from Sold 6 jugs of water to walk-in customers
2021 customers for the purchase of amounting to Php210.
6 jugs of water.
February 22, Received Php140 pesos from Rendered delivery services to customers and sold
2021 orders of water and an 4 jugs of water.
additional of Php40 for the
delivery services.
February 23, Received Php175 pesos from Rendered delivery services to customers and sold
2021 orders of water and an 5 jugs of water.
additional of Php50 for the
delivery services.
February 24, Received Php105 from Sold 3 jugs of water to customers amounting to
2021 customers for the purchase of Php105.
3 gallons of water.
February 25, Received Php70 from orders Rendered delivery services to customers and sold
2021 of water and an additional of 2 jugs of water.
Php20 for the delivery
services.
February 26, Refilled 20 jugs of water at the Php600 was spent for the refill of water jugs.
2021 amount Php600. Spent Php100 for the transportation.
Transportation fee of Php100,
back and forth.
February 27, Rendered services of delivery Paid an amount of Php150 for the rendered
2021 boy amounting to Php150. delivery services by the delivery boy.
February 28, Benefits provided from the Cash payment for the benefits received
2021 usage of utilities such as amounting to Php250.
electricity and light amounting
to Php250.
Activity 3. Number 7
2021 Particulars PR Debit Credit
Feb 0 Mariam Ayyad, Capital 5 0 0 0 -
1
Cash 5 0 0 0 -
To record initial
investment.
0 Water Station Supplies 2 0 9 0 -
2 Expense
Cash 2 0 9 0 -
To record purchase of
supplies.
0 Furniture and Fixtures 8 8 0 -
3
Cash 8 8 0 -
To record purchase
of furniture and fixtures.
0 Cash 1 0 5 -
4
Sales 1 0 5 -
To record water sales.
0 Cash 1 7 5 -
5
Sales 1 7 5 -
To record sales of
water.
0 Cash 9 0 -
6
Sales 7 0 -
Delivery Services 2 0 -
Income
To record water sales
and delivery income.
1 Water Station Supplies 3 0 0 -
0 Expense
Cash 3 0 0 -
To record purchase
of supplies.
1 Water Station Supplies 1 7 9 0 -
1 Expense
Cash 1 7 9 0 -
To record purchase of
supplies.
1 Cash 1 2 5 -
3
Sales 1 0 5 -
Delivery Services 2 0 -
Income
To record water sales
and delivery services.
1 Cash 2 4 5 -
5
Sales 2 4 5 -
To record water sales.
1 Cash 1 3 5 -
6
Sales 1 0 5 -
Delivery Services 3 0 -
Income
To record water sales
and services.
1 Salary Expense 1 5 0 -
7
Cash 1 5 0 -
To record payment of
salary.
1 Water Station Supplies 6 0 0 -
8 Expense
Transportation Expense 1 0 0 -
Cash 7 0 0 -
To record purchase of
supplies and fare fee.
2 Cash 2 1 0 -
0
Sales 2 1 0 -
To record water sales.
2 Cash 1 8 0 -
2
Sales 1 4 0 -
Delivery Services 4 0 -
Income
To record water sales
and delivery services.
2 Cash 2 2 5 -
3
Sales 1 7 5 -
Delivery Services 5 0 -
 Income
To record water
sales and delivery
services.
2 Cash 1 0 5 -
4
Sales 1 0 5 -
To record water
sales.
2 Cash 9 0 -
5
Sales 7 0 -
Delivery Services 2 0 -
Income
To record water sales
and delivery services.
2 Water Station Supplies 6 0 0 -
6 Expense
Transportation Expense 1 0 0 -
Cash 7 0 0 -
To record purchase
of supplies and fare fee.
2 Salary Expense 1 5 0 -
7
Cash 1 5 0 -
To record payment
of salary.
2 Utilities Expense 2 5 0 -
8
Cash 2 5 0 -
To record payment of
utilities expense.
 GENERAL LEDGER
MARIAM AYYAD, CAPITAL
Date Particula F Debit Amount Date Particula F Credit Amount
rs rs
Feb 01 5 0 0 0 -

CASH
Date Particula F Debit Amount Date Particula F Credit Amount
rs rs
Feb 04 1 0 5 - Feb 01 5 0 0 0 -
05 1 7 5 - 02 2 0 9 0 -
06 9 0 - 03 8 8 0 -
13 1 2 5 - 10 3 0 0 -
15 2 4 5 - 11 1 7 9 0 -
16 1 3 5 - 17 1 5 0 -
20 2 1 0 - 18 7 0 0 -
22 1 8 0 - 26 7 0 0 -
23 2 2 5 - 27 1 5 0 -
24 1 0 5 - 28 2 5 0 -
25 9 0 -
FURNITURE AND FIXTURES
Date Particula F Debit Amount Date Particula F Credit Amount
rs rs
Feb 03 8 8 0 -
WATER STATION SUPPLIES EXPENSE
Date Particula F Debit Amount Date Particula F Credit Amount
rs rs
Feb 02 2 0 9 0 -

10 3 0 0 -
 11 1 7 9 0 -
18 6 0 0 -
26 6 0 0 -
SALES
Date Particula F Debit Amount Date Particula F Credit Amount
rs rs
Feb 04 1 0 5 -
05 1 7 5 -
06 7 0 -
13 1 0 5 -
15 2 4 5 -
16 1 0 5 -
20 2 1 0 -
22 1 4 0 -
23 1 7 5 -
24 1 0 5 -
25 7 0 -
DELIVERY SERVICES INCOME
Date Particula F Debit Amount Date Particula F Credit Amount
rs rs
Feb 06 2 0 -
13 2 0 -
16 3 0 -
22 4 0 -
23 5 0 -
25 2 0 -
TRANSPORTATION EXPENSE
Date Particula F Debit Amount Date Particula F Credit Amount
rs rs
Feb 18 1 0 0 -
26 1 0 0 -
SALARY EXPENSE
Date Particula F Debit Amount Date Particula F Credit Amount
rs rs
Feb 17 1 5 0 -
25 1 5 0 -
UTILITIES EXPENSE
Date Particula F Debit Amount Date Particula F Credit Amount
rs rs
Feb 26 2 5 0 -
 SAHARA’S WELL
TRIAL BALANCE
February 28,2021
Mariam Ayyad, Capital Php5,000
Cash 1,685 12,010
Furniture Fixtures 880
Water Station Supplies Expense 5,380
Sales 1,505
Delivery Services Income 180
Transportation Expense 200
Salary Expense 300
Utilities Expense 250
13,695 13,695
 SAHARA’S WELL
INCOME STATEMENT
For the Month Ending February 28, 2021

Income 1685 1685

Expenses 750
Salaries 300
Utilities 250
Transportation 200

NET PROFIT 935

 BALANCE SHEET
SAHARA’S WELL
AS OF FEBRUARY 28, 2021
ASSETS LIABILITIES AND SHAREHOLDER’S EQUITY

Cash 1685 Utilities 250

Furniture 880 Transportation 200
Equipment 3580 Salaries 300

TOTAL LIABILITIES 750

TOTAL ASSETS 6145
Assets 6145
Liabilities - 750
5395

TOTAL LIABILITIES AND 6145

SHAREHOLDER’S
EQUITY
 FINANCIAL STATEMENT ANALYSIS
SAHARA’S WELL
Trial Balance

Income Statement

Balance Sheet
To My Beloved Guardian,

Good day!
It is not new to your knowledge that as a fulfillment of the requirements for the subject
Entrepreneurship, each of us students must run a simple business. You are with me in every step of the
way and I would like to thank you for that. Without your guidance and encouragements, I couldn’t have
pursued with this venture. You also provided supports in all aspects, especially financial, so I could go on
from planning to operating this business. However, that is not the main reason why I have written to you. I
would like to give you some insights about how this business venture is going.
The business is doing well, fortunately. The income is good since a lot of customers acknowledges
the presence of this business and are actually delighted with its presence because it is, according to them,
what our barangay needs. The guy who does the deliveries is also doing well with his work and is
contented by his salary since his work is not that heavy, but I still appreciate his services. I also bought
four plastic chairs for the customers so they don’t have to stand while waiting for their orders although the
preparation of their purchase usually doesn’t take a while. The supplies I get from the market is also
satisfying.
If you have noticed, I went from taking 10 jugs of water to 20 jugs of water. I noticed that there is
really a great demand of supply in our area and that is what I am taking opportunity of. When I noticed that
the revenue won’t be greatly affected by the increase of supplies I will be taking, I decided to take more of
it. Of course there was a loss at the revenue but when the increase in supplies was purchased, the profit
was a lot more. And that is why I know I took a good and practical risk. I noticed the great demand so I
increased the supply and the income of my business increased too.
I know there will be more challenges through years of running this business, but I am trying to learn
a lot more to expand this business venture which has started from Php5,000. And by that time, I hope I
can provide formal jobs for others and a higher quality service to others.

Yours truly,
Mariam Ayyad

Guardian’s Signature