Evidence Plan

Competency BOOKKEEPING NC III

standard:
Unit of PREPARE JOURNAL TRANSACTION
competency:
Ways in which evidence will be collected:
[Written Test, Performance Test, Direct

Third party Report

Observation, Oral Questioning]

Demonstration &
Observation &
Questioning

Questioning

Portfolio

Written
The evidence must show that the trainee…
 Determined nature of business based on
√ √ √
client information.
 *List of asset, liability, equity, income and
expense account titles are prepared in √ √ √
accordance with industry practices
 *Documents are checked and verified
√ √ √
according to industry practice.
 *Journals are prepared in accordance with
industry practice and generally accepted √ √ √
accounting principles.
 *Prepare journal entries with 100% accuracy √ √ √
 Credit account titles are determined in
√ √
accordance with chart of accounts
 Explanation to journal entry is prepared and
√ √ √
well written.
 Prepare all the tools, equipment and
materials to be used in journalizing √
transactions.
 Use the specific forms appropriately and in
√
correct manner according to its purpose.
 Apply the underlying principles in preparing
√
journal transaction.
 Understand and perform basic accounting
√
equation.

NOTE: *Critical aspects of competency

Bookkeeping NC III Date Developed: Issued by:

July 08, 2022
Page 1 of 1
Developed by: CASIFMAS
Rosechel C.
Labilles Revision # 01