Republic of the Philippines

Department of Education
Region VI- Western Visayas
CAPIZ NATIONAL HIGH SCHOOL
Roxas City

Business Enterprise Simulation

DeliCAPIZ
Aducal, Michael G
Abella, Marilyn B
Alianza, Rhea V.
Aman, Pearl Antonneth A.
Alianza, Rhea V.
Alinsog, Karen Lou
Budiao, Jenelyn L.
Dela Cruz, Sheena Red
Diaz, Princess Joy
Gabor, Marian V.
Lenetija, Princess Nicole
Malasibas, Kissaneth C.
Rice, Marilyn B.

Accountancy, Business, and Management

March 2022
DeliCAPIZ
Executive Summary

DeliCAPIZ promises to give high-quality services, fair

prices for all of the foods we offer, and exceptional taste in

all of our goods to our customers. Our team will make certain

that our customers love their meals. DeliCAPIZ was inspired by a

beachside food stand, and we will focus on providing an

affordable street food menu. We are located near the Senior High

School Building of Capiz National High School. DeliCAPIZ will be

a great place to eat, offering a combination of excellent food

and an interesting, welcoming atmosphere and we will provide an

enjoyable and safe atmosphere for our clients to eat delicious

cuisine prepared with high-quality ingredients at affordable

prices and we will always deliver outstanding customer service.

We want our team to feel as one during this business and to do

everything we can to ensure the team's growth. We wish to

establish a food stand that is a terrific place for clients to

dine, a gratifying place for our team to work, and a profitable

business for its entrepreneurs by combining an incredible menu

diversity, a great and intriguing ambience, and extraordinarily

friendly staff. DeliCAPIZ will be open during school hours, and

our clients will be students, teachers, and school employees.

DeliCAPIZ will set itself apart from the competition by

establishing a distinctive and interesting delicious food

environment, and each client dining at DeliCAPIZ will have an

experience unlike any other.

Types of

Business

Business Summary

Street food is one of those products that never goes out of

style. No matter what the state of the country’s economy, it is

still what every Filipino will be looking for. Not only because

it is so cheap so has it continued to be enjoyed by every

Filipino but also its recipe that is very popular among

Filipinos, why not to try DeliCAPIZ. DeliCAPIZ can greatly help

students, and working adults who are looking for cheap food when

they are short of money, street food satisfy them to just half

the price of a meal in any popular fast food restaurant for an

authentic Filipino dish. When you see DeliCAPIZ you have no

choice but to stop and be like them eating in the street with a

happy tummy after. Because of the smell that makes you decide to

stop and enjoy eating. And if you’re looking for other street

foods like Fish Lumpia, fries, milkshakes, and more, look no

further than DeliCAPIZ. DeliCAPIZ provides healthy and delicious

food at affordable rates for customers and this business requires

no big amount as long as you have the money you can eat street
food as much as your budget is enough. At DeliCAPIZ, it’s not

just a snack, it’s also a dish.

Management

The DeliCAPIZ is headed by a student leader and love

businesses, he is Michael G. Aducal, He make sure that his

business is well managed and monitor all the workers all the

time, he need to gain profit on his business. Kissaneth C.

Malasibas the Assistant leader also a promotion agent with her

partner Marian V. Gabor, they handle the advertising and

marketing in our company. Bookkeeping is assigned to Pearl

Antonnette Aman and Rhea Alianza, they need to comply data

entries, collecting the transactions, and monitor our financial

records. Jenelyn L. Budiao is assigned as Cashier in our

business, she is in charge on receiving payments from aour

costumers and in charge for processing the money. Marivelle A.

Abella, Sheena Red G. Dela Cruz and Princess Nicole L Lentija our

cooks, they prepares and cooks our products and make sure the

good and high quality service of our foods and drinks to our

beloved customers. And lastly our Vendors that assigned to Karen

Lou Alinsog, Princess Joy Diaz and Marilyn Rice, they are trained

to sell they make sure that our products is sold in a profitable

price.

Funds Requested
 DeliCAPIZ a street food business funded by Group 1 members,

located at Capiz national high school. As we tackle about our

business we decided to give our shares using our money to start

DeliCAPIZ. The total amount that was given by our members will be

the key to start the business and give the service of DeliCAPIZ

to our customers.

Competitive Factors

Our competitors are the other students’ food cart and small

businesses near where our area is located. Our market development

is very crucial and is competent enough to earn profit without

being hindered or having too much conflict with our competitor’s

sales. Our products will certainly be recognized because of the

creative terms, inventiveness, uniqueness, cleanliness, the idea

of the food we offer, and the customer assistance that we sellers

will serve to our dear consumers.

Chapter I

Background of the Study

If there's one thing us Filipinos have in common, it's our

love for food. We eat more than three meals a day because we

enjoy food so much. We add merienda between each meal, in

addition to the normal breakfast, lunch, and dinner. That is why

there is a lot of wonderful and delicious food on the street, and

it's a lot cheaper than eating or buying meals at a restaurant.

Filipinos, especially students and working people, often have

stressful days and are looking for comfort foods, and street food

is the best cuisine to satisfy their desire. That is why

DeliCAPIZ is here. DeliCAPIZ offers tasty streetfoods that will

surely meet your expectations. Here we have a very affordable and

satiable foods you can ever get. From delicious and familiar hot

dogs to icy cold milkshakes, that would surely satisfy your

cravings. Come and taste our delicacies in DeliCAPIZ. We're

located in Capiz National High School in front of the Grade 12

SHS building. It is if you’re looking for a variety of street

foods; If you're looking for something cold to ease your chaotic

mind, we have milk shake with strawberry and chocolate flavor,

iced coffee with lots of flavor and more. Finger foods while

studying? We have dynamite, fish lumpia, fries ,hotdog and hotdog

in buns. You will not be disappointed if you try a bite or a sip

from any of them. DeliCAPIZ provides delicious food and

affordable value for costumers. This business offers good-quality

products and ensures that all of our products are at affordable

prices making customers eager to return for more.

Students, working adults, and visitors to Capiz National

High School are the target customers, however students are the

most likely to be frequent buyers since youngsters like it

because it is cheap, convenient and are appropriate for the

amount of their pocket money. These customers are the primary

source of revenue for the business. In order to build and

increase customers base we will try to achieve the following:

- To delight and nourish our customers with healthy, quality and

delicious food and excellent service at a reasonable price.

-To gain positive (and ask for) feedback from the costumers and

increase the credibility of our business.

-To live up the expectations of our customers.

Chapter II

Goals and Objectives

The business goals to serve and create a fun and safe

environment in which our customers can enjoy the high quality

foods and drinks at reasonable price. We would like to give the

safe and best food service to our Students and Teachers in Capiz

national high school. The most important is to aim a safe

environment, provide a satisfaction for our dear customers and

gain some profits.

We commit ourselves:

1. Introduce foods that has a beach vibes;

 2. With the services and goods we provide, we strive to

maintain a high level of customer satisfaction and;

3. Gain profit.

Chapter III

Current Marketing Situation Analysis

The business makes sure that it caters the needs of the vast

customers along the place. Capiz National High School is a public

school that has thousands of students, these students are assumed

to opt for friendly-budget snacks. This is not the first time and

not the only snack in the cafeteria, there are a lot of options

for them yet the menu chosen are the most sought-after

streetfood/drink and some innovative recipes are also introduced.

Among anything, the people behind the business are students too,

they know the products they are selling and has the idea of what

to expect on the target customers. It is a strength to have

"streetfoods", a popular food in a High School community for this

age generation is surely into it.

Market Segmentation

Age Segmentation

The market or customers are basically the generation that

loves streetfoods/drinks. The age range from 11-18 years old are

just the right target for this products

 Gender Segmentation
Students of all gender are all subject customers. The food

and the chosen packaging are all neutralize and served equally

delicious.

Target Market Segment Strategy and Market Demographic

Our target clients are the students, teachers, and school

employees of Capiz National High School. Our business offers a

combination of excellent food and an interesting, welcoming

atmosphere and we will provide an enjoyable and safe atmosphere

for our clients to eat delicious cuisine prepared with high-

quality ingredients at affordable prices and we will

always deliver outstanding customer service.

The 4p's of Marketing

Product

The products are as follows

Fish Lumpia – A deep-fried Filipino stack consisting of stuffed

frilled fish and chopped veges wrapped in a thin egg crepe.

INGREDIENTS (Fish Lumpia)

 Fish
 Lumpia Wrapper
  Cabbage
 Carrots
 Magic Sarap
 Garlic
 Onion
 Paminta
 Cooking Oil
 Mayonnaise
 Ketchup

Dynamite – Deep-fried Filipino snack consisting of stuffed siling

haba (long green chili peppers) wrapped in a thin egg crepe.

INGREDIENT (Dynamite)

 Lumpia Wrapper
 Sili
 Ground Pork
 Cheese
 Cooking Oil
 Garlic
 Onion
 Magic Sarap
 Paminta
 Salt
 Vitsin
 Mayonnaise
Fries – Long,thin pieces of potato fried in oil with cheese and
sour cream flavor

INGREDIENTS (Fries)

 Fries
 Cheese
 Sour Cream
 Cooking Oil
 Small pouch
 Big pouch

Hotdog in stick – Deep-fried hotdog with mayonnaise and ketchup

INGREDIENTS (Hotdog in stick)

 Hotdogs
 Mayonnaise
 Cooking Oil
 Hotdog Pouch
 Hotdog sticks

Hotdog W/ Bun – A soft bun shaped ketchup containing a hotdog

with mayo ketchup tapers.

INGREDIENTS (Hotdog W/ Bun)

 Hotdog
 Buns
 Mayo Ketcup
 Oil
Milkshake – Sweet drink made by blending milk, ice and flavorings
such as chocolate and strawberry

INGREDIENTS (Milkshake)

 Water
 Milkshake powder
 Ice
 Chocolate syrup
 Strawberry syrup
 Straw
 12oz cup
 25oz cup

Iced Coffee – A coffee beverage drinks served cold with lots of

flavors

INGREDIENTS (Iced coffee)

 Water
 Instant coffee
 Ice
 Straw
 Plastic cup
Place

The Capiz National High School is located at Fuentes drive, Tiza,

Roxas City, Capiz. It is made up of about 6,000 students and over

200 school staffs. It's the ideal location for a street food

business because most students, especially those with limited

pocket money, enjoy eating this type of food.

Price

 Dynamite (w/ mayonnaise sauce) – Php 10

 Fish Lumpia (mayonnaise w/ ketchup) – Php 5
 Fries (Cheese/ sweet and sour) – Php 10
- Php 20
 Hotdog w/ bun (mayonnaise and ketchup) – Php 15
Php 20
 Iced Coffee (Creamy late, creamy white, blanca, white
caramel, Brown coffee, choco) – Php 15
 Milkshake (Choco and strawberry flavor) –
Php 5 (small cup)
Php 10 (regular cup)
 Php 15 (large cup)

Promotion

Customers are necessary for our business to survive and

develop. We must promote our business in order to attract

clients. It used to be a simple matter of choosing between a

flyer, a brochure, a postcard, or a classified ad in the local

newspaper. However in today’s digital age, the options are

limitless. Understanding the different ways of promoting your

product or service can assist you in making the best decision for

your company. So, here are a few ways for promoting our company

and food products.

In-Store Promotions:

While many buyers may already be familiar with your product,

reinforcing it through off-shelf branding is a great way to

attract new buyers. Customers will see your product if you extend

your presence beyond standard shelving – and since half of all

shelved goods are ignored, it’s critical to spread product

visibility as widely as possible. You can promote your new

product or service in store with signs and promotional materials

inside. For example, a buy-one-get-one-free deal or a percentage

off.
Offer Customers an Exclusive Preview:

Companies should provide loyal consumers with an exclusive

preview of an upcoming product or service, as these customers are

more likely to not only buy it, but also to spread the word about

it to their friends and family. Instead than simply announcing a

new product or service, businesses can include it in a special

introductory deal such as “buy one, get one free.” Adding a sense

of urgency by emphasizing limited time or inventory might assist

boost conversions even more.

Email marketing:

More than 85% of consumers open emails from a business, and

40% of email recipients made at least one purchase last year

based on a promotional email.it is the best way to promote a new

service and product. An email marketing campaign is a series of

emails a business uses to communicate with current and potential

customers. This planned content is distributed via email to

accomplish a specific goal for the organization such as nurturing

leads or encouraging engagement.

Facebook ads:

More than a 2.910billion active users use Facebook every

month. With a few clicks, you can run ads across Facebook and

other social media platforms. By making a single campaign, you

can reach people on all of their favorite apps and websites. Show

your ads on whatever device your audience happens to be using.

Advertising across platforms and devices is easy. Just build your

ad once, then select automatic placements to run your ad in the

places that are most likely to achieve your campaign goals.

Share customer reviews:

One of the best ways to promote a new product or service is

to ask for reviews and share them on social media. If you take

advantage of some of the ideas previously mentioned and offer an

upgrade or free preview to customers, ask them to review the new

service or product online or to provide a testimonial for you to

share. Identify and fix your customer's insights. Share positive

feedback with your team. People will be more likely to sign up or

try it out if there’s a glowing review from another customer

Share on Social Media:

Another way to promote new products and services is to

announce and share this on social media. Social media users

broadcast web content on a social network to their connections,

groups, or specific individuals. One of the primary aims of

corporate social media marketing strategies is to generate brand

awareness by leveraging their existing audience to share content.

Hence these are the few strategies one can adapt.

Distribution Channel

Direct Distribution

Our business applies a direct distribution method, in which

manufacturers sell and distribute products directly to customers.

The foods we sell are sold straight to customers, with no

middlemen involved. In which we, the DeliCAPIZ producers, commit

to provide our customers with high-quality services, fair prices

for all of the foods we offer, and excellent flavor in all of our

products.

Chapter IV

DEVELOPMENT AND PRODUCTION

The development and production in stages of our product, we

have unique elements that will surely like the customer while

providing the functionality and also the practicality. Customers

are looking for this product we able to spend the money good for

the foods that can customer very satisfy them and taste the Capiz

delicacies. We decided that all food we offer is they have good

quality and healthy products they will be the two main points of

convergence of our business; our very own unique products

contained that delicious ingredients accompanied by our inventive

packaging which also make a convenient product (a) Affordable and

consumptions. We work for it and thought was put into the initial
stages of our development to the products that we made our first

product to be judged and tested by a different person that is

good at tasting foods. The products were then brought to be

tested by each person serving as a judge and also we prove that

the products that we made are so delicious and unique. To improve

and finalize the price we corporate nutrition food and promote it

to all customers. After that preparation of our products in my

teammates, we finalized and approve the ready for sale to

everyone who buys the healthy food. Our brand logo is perfect to

be DeliCAPIZ which means to taste the foods of capiz delicacies.

Our mission symbolizes to serve capiz unique delicious foods to

effective packaging to the customer providing product

portability. The DeliCAPIZ business proposed a high-quality

product that is eco-friendly packaging to provide a portion of

healthy food to all customers can pick up on the go and we

provide delivery to all customer houses.

Chapter V

SWOT Analysis and Issues Analysis

Strengths

 Cheaper price to other business stalls

 More foods and drinks to choice

  The food is cooked by loved and having a good

connection to costumers

Weaknesses

 Time Management

 Panicking if there is lot of orders

 Misunderstanding of orders from costumer

Opportunities

 Having idea in business on this age

 Come up to a good idea because of unity

 New Products and ideas

Threats

 Low level of satisfaction from costumer

 Prices of ingredients that can be adjust any time
 Prices of competitors
Issues Identified from the SWOT Matching

Strength

The business strengths are knowing our weaknesses and make

it a purpose to improve our frailty, when we achieve to know our

strength we perform better and me our work easier.

Weaknesses
 Weaknesses are those things that the business didn’t

perform well. We identified our weaknesses and work on it for our

customers being satisfied with our service and be able to focus

on them.

Opportunities
It’s a big impact on our business ability to exploit

opportunities, this is a chance to our business to have a good

chance to lead in market.

Threats

Our business thinks advance on a possible things or scenario

that can be happen on negative way, we plan to it as early as we

can.

Critical Success Factors to SWOT

DeliCAPIZ’s primary advocacy is to make their customers

satisfied and fascinated at every food they’ll try, at the same

time pleased while devouring their distinct serving of food and

creating a strong relationship with their fellow students,

friends, instructors, and companions. Street foods are remarkable

in our culture, it makes people enjoy the unique and savory food

that you’ll see at the corner of the street. Exploring and

trying new tastes of food is one of the things that most people
loved to do as they’re finding a place to feel comfortable.

People seek satisfaction to whatever food they would savor, crave

something available and easy to make but the taste matters to

them the most. In that is a way of involving the youthful

generation in the nation’s food culture at an inexpensive, and

with a genuine sense of happiness likewise, the benefits of

street food appear to be evident to everybody. As we already knew

that foods we can usually find at the street has a unique taste,

has a reasonable price, is convenient, often healthy, and offers

an enormous variety of traditional dishes we’ve seen in our

country. We are not stopping only by serving food, we always

explore new knowledge for the development of our foods, we always

be productive in innovating our product, giving rise to a new set

of taste and giving assurance to satisfy our consumers as well as

we give consideration to their health as we can’t avoid some

unfortunate circumstances, lastly as our market target are mostly

students we make sure that our product is very affordable and

budget friendly. Moreover, we are strengthening the bond to our

customers as they are our main priority to satisfy their taste

and have positive feedback on our food. We mainly take into

consideration of the benefits, quality, and value that can be

validated by the food that we serve. Not only focusing on the

growth of us and to our enterprise but also on our consumers. The

feedback from our dear customers and how they experience the food
we serve was greatly appreciated to enhance the popularity of our

food and awareness of our business by remain good relations with

our regular buyers and of course deals with our new consumers and

leave them with a memorable experience through the food we serve.

Chapter VI

Marketing:

DeliCAPIZ street food business is a student made business that is

highly sought food and lucrative kind of venture made for

consumer satisfaction, within environment. Our business came up

with a marketing plan to attain the best standard of our street

food. We did somehow to manage to produce our profit out of our

Capitals to be able to meet the 100%satisfied service. We have

different food like "fish lumpia" that makes a satisfying crunch

with every bite, “Dynamite" which give delightful deep-fried

flavorful taste, “Fries" that is very delicious and affordable

that will surely convinced every customers to taste all of our

street food, to impress our customers that is really our business

plan and idea. We are looking forward and very much hopeful that

our business will be a successful ones. Because we do believe the

important aspect to be a successful one is to create a good

marketing strategy. Our business develops a product that will

surely meet the customer needs and satisfaction. Marketing is the

process of exploring, creating, and delivering value to meet the

needs of a target market in terms of good and services. It is

commonly known as attracting customers incorporates knowledge

gained by studying the management of exchange relationships, and

is the business process of identifying , anticipating and

satisfying customers’ needs and wants.

Marketing, Strategy and Resources

General Operating Hours

 DeliCAPIZ street foods intends to operate Monday to

Friday from 8am to 4pm. DeliCAPIZ will be operational

for 5days.

Suppliers

 Public market will be intended supplies-for the lumpia

wrapper, onions, fish, silinghaba, egg ,hotdog buns,

fries, and oil.

 Unitop will be intended supplier for the

mayonnaise,catsup and cup.

 Injap will be intended supplier for the coffee powder,

milk powder needed for our beverage or drinks.

Operating Capital Requirements

The members are working to facilitate the acquisition amount

of 6,000 because of this everyone pretends to get here customers

to easily increase the number of sellers to generate and achieved

the desired business target.

Tools & Equipment

The DeliCAPIZ will be located on Capiz National High School

(Senior High School Building)

The tools And equipment will be barrowed in each member to

save budget, our total capital of our member thru contributed of

the price worth of 6,000.

Operational Workflow
The operational workflow of our business is quite simple to

follow. The following is a step by step on how our business

start.

 Step 1 DeliCAPIZ street food will collect each members

respective shares in order to accumulate the capital that we

used for the product

 Step 2 DeliCAPIZ street food will canvass income to make

deals with the suppliers to avail more options.

 Step 3 Gather all the tools, equipment needed for the

business.

 Step 4 Build a trust to everyone to help increase the

efficiency.
  Step 5 DeliCAPIZ will start selling and make sure that the

revenue add up at least 6,000 of the total capital.

 Step 6 Convinced and encourage every customer to buy our

product.

Chapter VII

Date Account Title & Explanation Debit Credit

2022
March 6 Cash 6,000
Capital 6,000
To record initial investment of
Group 1

6 Purchases 2,066
Cash 2,066
To record purchases from
Supermarket

6 Supplies 394
Cash 394
To record purchased supplies from
Supermarket

6 Purchases 284
Cash 284
To record purchases from Injap
Supermarket

6 Transportation Expense 20
Cash 20
To record payment for
transportation

6 Purchases 796
Cash 796
To record purchases from Red’s
store

7 Purchases 240
 Cash 240
To record purchases from Red’s
Store

7 Cash 2,325
Sales 2,325
To record received cash from
various customers

7 Purchases 798
Cash 798
To record purchases from
Supermarket

March 7 Supplies 81
Cash 81
To record purchased supplies from
Supermarket

7 Purchases 70
Cash 70
To record purchases from Injap

7 Transportation Expense 80
Cash 80
To record payment for
transportation

7 Purchases 40
Cash 40
To record purchases from Red’s
Store

8 Purchases 265
Cash 265
To record purchases from Red’s
Store

8 Transportation Expense 30
Cash 30
To record payment for
transportation

8 Cash 1,655
 Sales 1,655
To record received cash from
various customers

8 Purchases 808
Cash 808
To record purchases from
Supermarket

8 Supplies
Cash
To record purchased supplies from
Supermarket

8 Purchases 187.25
Cash 187.25
To record purchases from Injap

March 8 Transportation Expense 50

Cash 50
To record payment for
transportation

9 Purchases 165
Cash 165
To record purchases from Red’s
Store

9 Cash 2,355
Sales 2,355
To record received cash from
various customers

9 Purchases 322
Cash 322
To record purchases from
Supermarket

9 Supplies 50
Cash 50
To record purchased supplies from
Supermarket

9 Transportation Expense 50
 Cash 50
To record payment for
transportation

9 Purchases 20
Cash 20
To record purchases from Red’s
Store

10 Purchases 190
Cash 190
To record purchases from Red’s
Store

10 Transportation Expense 30
Cash 30
To record payment for
transportation

10 Cash 1,815
Sales 1,815
To record received cash from
various customers

GENERAL LEDGER
Account Name: CASH
DATE EXPLANATION DEBIT CREDIT BALANCE
DEBIT CREDIT
March 6 Investment 6,000 6,000
6 Purchases 2,066 3,934
(supermarket)
6 Supplies 394 3,540
6 Purchases 284 3,256
(injap)
6 Transportation 20 3,236
6 Purchases (Red’s 756 2,440
Store)
7 Purchases (Red’s 240 2,200
Store)
7 Sales 2,325 4,525
7 Purchases 798 3,727
(supermarket)
7 Supplies 81 3,646
 7 Purchases 70 3,576
(injap)
7 Transportation 80 3,496
7 Purchases (Red’s 40 3,456
Store)
8 Purchases 265 3,191
8 Transportation 30 3,161
8 Sales 1,655 4,816
8 Purchases 808 4,008
8 Supplies 98 3,910
8 Purchases 187.25 3,722.75
(injap)
8 Transportation 50 3,672.75
9 Purchases (Red’s 165 3,507.75
Store)
9 Sales 2,355 5,862.75
9 Purchases 322 5,540.75
(supermarket)
9 Supplies 50 5,490.75
9 Transportation 50 5,440.75
9 Purchases 20 5,420.75
10 Purchases (Red’s 190 5,230.75
Store)
10 Transportation 30 5,200.75
10 Sales 1,815 7,015.75

GENERAL LEDGER
Account Name: CAPITAL
DATE EXPLANATION DEBIT CREDIT BALANCE
DEBIT CREDIT
March 6 Cash 6,000 6,000
31 Income Summary 1,199.50 7,199.50

GENERAL LEDGER
Account Name: PURCHASES
DATE EXPLANATION DEBIT CREDIT BALANCE
DEBIT CREDIT
March 6 Market 2,006 2,066
6 Injap 284 2,350
6 Red’s Store 796 3,146
7 Red’s Store 240 3,386
7 Market 798 4,184
7 Injap 70 4,254
 7 Red’s Store 40 4,294
8 Red’s Store 265 4,559
8 Market 808 5,367
8 Injap 187.25 5,554.25
9 Red’s Store 165 5,719.25
9 Market 322 6,041.25
9 Red’s Store 20 6,061.25
10 Red’s Store 190 6,251.25
31 Close to IS 6,251.25 0

GENERAL LEDGER
Account Name: SUPPLIES
DATE EXPLANATION DEBIT CREDIT BALANCE
DEBIT CREDIT
March 6 394 394
7 81 475
8 98 573
9 50 623
31 Adjustment 439.25 183.75

GENERAL LEDGER
Account Name: SALES
DATE EXPLANATION DEBIT CREDIT BALANCE
DEBIT CREDIT
Marc 7 Cash 2,325 2,325
h
8 Cash 1,655 3,980
9 Cash 2,355 6,335
10 Cash 1,815 8,150
31 Close to IS 8,150 0

GENERAL LEDGER
Account Name: TRANSPORTATION EXPENSE
DATE EXPLANATION DEBIT CREDIT BALANCE
DEBIT CREDIT
March 6 Cash 20 20
7 Cash 80 100
8 Cash 30 130
8 Cash 50 180
 9 Cash 50 230
10 Cash 30 260
31 Close to IS 260 0

GENERAL LEDGER
Account Title: SUPPLIES USED
DATE EXPLANATION DEBIT CREDIT BALANCE
DEBIT CREDIT
Marc 31 Adjustment 439.25 439.25
h
31 Close to IS 439.25 0

GENERAL LEDGER
Account Title: INCOME SUMMARY
DATE EXPLANATION DEBIT CREDIT BALANCE
DEBIT CREDIT
Marc 31 Sales 8,150 8,150
h
31 Expenses 6,950.50

1,199.50
31 Capital 1,199.50 0

DeliCAPIZ
TRIAL BALANCE
MARCH 31, 2022

ACCOUNT TITLES DEBIT CREDIT

Cash 7,015.75
Supplies 623
Capital 6,000
Sales 8,150
Purchases 6,251.25
Transportation Expense 260
TOTALS: 14,150 14,150
 DeliCAPIZ
ADJUSTING ENTRIES
MARCH 31, 2022

DATE ACCOUNT TITLES & EXPLANATION DEBIT CREDIT

March 31 Supplies used 439.25
Supplies 439.25
To record adjustments for
supplies used

DeliCAPIZ
ADJUSTED TRIAL BALANCE
March 31, 2022

ACCOUNT TITLES DEBIT CREDIT

Cash 7,015.75
Supplies 183.75
Capital 6,000
Sales 8,150
Purchases 6,251.25
Transportation 260
Expense
Supplies used 439.25
TOTALS: 14,150 14, 150

DeliCAPIZ
STATEMENT OF COMPREHENSIVE INCOME
FOR THE PERIOD ENDING MARCH 31, 2022

GROSS INCOME:
Sales 8,150
Less: Purchases
Raw Materials 5,495.25
Indirect Cost 756
TOTAL GROSS INCOME: 1,898.75
Less: Operating Expenses
Transportation Expense 260
Supplies used 439.75
NET INCOME: 1,199.50
 DeliCAPIZ
STATEMENT OF CHANGES IN OWNER’S EQUITY
FOR THE PERIOD ENDING MARCH 31, 2022

Capital, Beginning Balance 0

Add: Investment 6,000
Less: Drawing 0
TOTAL 6,000
Add: Net Income 1,199.50
Capital, End 7,199.50

DeliCAPIZ
BALANCE SHEET
AS OF MARCH 31, 2022

ASSETS
Cash & Cash Equivalents 7,015.75
Prepaid Expenses 183.75
TOTAL ASSETS 7,199.50

LIABILITIES & OWNER’S EQUITY

Liability 0

Owner’s Equity
Capital 7,199.50
TOTAL LIABILITIES & OWNER’S 7,199.50
EQUITY

DeliCAPIZ
STATEMENT OF CASH FLOW
AS OF MARCH 31, 2022

Cash Flows from Operating Activities

Receipts:
Collections from 8,150
Cash Sales
Payments:
Goods Bought 6,251.25
 Supplies 623
OPEX 260
Net Cash Flows from Operating 1,015.75
Activities

Cash Flows from Investing Activities

Receipts: 0
Payments: 0
Net Cash Flows from Investing 0
Activities

Cash Flows from Financing Activities

Receipts:
Investment 6,000
Net Cash Flows from Financing 6,000
Activities

Net Increase in Cash 7,015.75

Add: Cash Balance, beginning, March 1 0
Cash Balance, end March 31 7,015.75

DeliCAPIZ
CLOSING ENRTY
MARCH 31, 2022

DATE ACCOUNT TITLE & EXPLANATION DEBIT CREDIT

March 31 Sales 8,150
Income Summary 8,150
To close sales account to income
summary

31 Income Summary 6,950.50

Purchases 6,251.25
Transportation Expense 260
Supplies used 439.25
 To close expense account to
income summary

31 Income Summary 1,199.50

Capital 1,199.50
To close income summary to
capital account

DeliCAPIZ
POST CLOSING TRIAL BALANCE
AS OF MARCH 31, 2022

ACCOUNT TITLE DEBIT CREDIT

Cash 7,O15.75
Supplies 183.75
Capital 7,199.50
TOTALS: 7,199.50 7,199.50

Chapter VIII

MICHAEL G. ADUCAL
MANAGER

PEARL ANTONNETTE AMAN JENELYN L. BUDIAO

BOOKKEEPER CASHIER

PEARL ANTONNETTE AMAN

BOOKKEEPER

KISSANETH C. MALASIBAS MARIAN V. GABOR

PROMOTION AGENT PROMOTION AGENT

SHEENA RED DELA PRINCESS NICOLE MARIVELLE ABELLA

CRUZ LENTIJA COOK
COOK COOK
PRINCESS JOY DIAZ KAREN LOU ALINSOG MARILYN B. RICE
VENDOR VENDOR VENDOR

Chapter IX
Ownership
Form of Business
DeliCAPIZ is a partnership type of business. The owner of

the business is Michael Aducal, the manager of the business,

along with his partners, Pearl Antonnette Aman, Jenelyn Layson

Budiao, Karen Lou Alinsog, Kissaneth Malasibas, Marian Venus

Gabor, Marilyn Rice, Marivelle Abella, Princess Joy Diaz,

Princess Nicole Lentija, Rhea Alianza, and Sheena Red Dela Cruz.

Equity Position
Each one of the owners contributed to the business by

investing funds. The total funds collected was Php 6,000. These

were then used to purchase the goods, and supplies needed for the

everyday operation of the business. The profit gained in this

business was divided to the owners according to their share.

Name Percentage
Aducal, Michael G 8.33%
Abella, Marilyn B 8.33%
Alianza, Rhea V. 8.33%
Aman, Pearl Antonneth A. 8.33%
Alianza, Rhea V. 8.33%
Alinsog, Karen Lou 8.33%
Budiao, Jenelyn L. 8.33%
Dela Cruz, Sheena Red 8.33%
Diaz, Princess Joy 8.33%
Gabor, Marian V. 8.33%
Lenetija, Princess Nicole 8.33%
Malasibas, Kissaneth C. 8.33%

Chapter X
Conclusion
We were able to sell all of the products we had at the end

of the time selling period. However, we still have some

condiments, seasonings, and supplies left over, which we planned

to divide or give to those who needed them at home, particularly

those who own their own food business. We used marketing methods

and tactics to sell all of our products, ensuring that they sold

out and that we were able to profit from the capital we

contributed. Overall, we believe that the business had been a

success and that we supplied and delivered excellent customer

service to our clients/customers.