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`NAME: Alexa Evan L. Ginez SECTION: XI-Prophet Ezekiel

TEACHERr: Ms. Hannah P. Abellana

ADDITIONAL ACTIVITY

Based on the given account titles determine the debit and credit accounts and amounts:

Assets Liabilities Owner’s Income Expenses

Equity
Cash in Bank Accounts Payable Joong Ki, Professional Salaries Expense
Accounts Receivable Unearned Professional Capital Fees SSS Contribution
Office Equipment Income Income PhilHealth
SSS Premium Payable Contribution
PhilHealth Premium Taxes and
Payable Linceses

Jan. 1- Joong Ki invest cash of ₱100,000.00 in the accounting and auditing firm

Debit Credit
Cash in Bank ₱100,000.00
Joong Ki ₱100,000.00

Jan. 5- Joong Ki cash of ₱15,000.00 in the accounting and auditing firm

Debit Credit
Accounts Receivable ₱15,000.00
Professional Fees ₱15,000.00

Jan. 18- Paid Salaries for the month:

Salaries ₱10,000.00

Less: SSS 330.40

PhilHealth 125.00 458.40

Net Payroll 9,541.60

Debit Credit
Salaries Expense ₱10,000.00
SSS Payable ₱333.40
PhilHealth Premium ₱125.00
Payable
Cash in Bank ₱9,541.60

Jan. 18 The Employer’s share are as the follows: SSS, 555.60 and PhilHealth ₱125.00

Debit Credit
SSS Premium Payable ₱526.00
PhilHealth Premium Payable ₱125.00
Cash in bank ₱651.60
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NAME: Alexa Evan L. Ginez SECTION: XI-Prophet Ezekiel
TEACHER: Ms. Hannah P. Abellana SUBJECT: Basic Accounting

ASSESSMENT 11

Cash on hand Prepaid Insurance Jeepneys

60,000 4,500 4,500 450,000

4,100 3,500 ₱4,500 ₱450,000

4,800 1,750

4,400 120

2,000

2,500

` ₱58,880

Accounts Payable Marin, Capital Marin, Drawing

2,500 3,880 510.000 2,000

₱1,330 ₱510.000 ₱2,000

Rental Income Battery Rental Expense Jeepney Supplies Expenses

4,100 400 3,880

4,800 ₱400 1,350

4,400 ₱5,230

₱13,300

Vulcanizing Expense Battery Rental Expense

120 3,500

₱120 ₱3,500
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NAME: Alexa Evan L. Ginez SECTION: XI-Prophet Ezekiel
TEACHER: Ms. Hannah P. Abellana SUBJECT: Basic Accounting

ASSESSMENT 12

Cash on hand Prepaid Insurance Jeepneys

60,000 4,500 4,500 450,000

4,100 3,500 ₱4,500 ₱450,000

4,800 1,750

4,400 120

2,000

2,500

₱58,880

Accounts Payable Marin, Capital Marin, Drawing

2,550 3,880 510,000 2,000

₱1,330 ₱510,000 ₱2,000

Rental Income Battery Rental Expense Jeepney Supplies Expense

4,100 400 3,880

4,800 ₱400 1,350

4,400 ₱5,230

₱13,300

Vulcanizing Expenses Taxes and Licenses

120 3,500

₱120 ₱3,500

Account Titles Debit Credit

Cash on Hand 58,880

Prepaid Insurance 4,500
Jeepneys 450,000
Account Payables 1,330
Marin, Capital 510,000
Marin, Drawing 2,000
Rental Income 13,300
Battery Rental Expense 400
Jeepney Supplies Expense 5,230
Vulcanizing Expense 120
Taxes and Licenses 3,500

524,630 524,630
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NAME: Alexa Evan L. Ginez SECTION: XI-Prophet Ezekiel
TEACHER: Ms. Hannah P. Abellana SUBJECT: Basic Accouting

ADDITIONAL ACTIVITY

Statement of Financial Position

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NAME: Alexa Evan L. Ginez SECTION: XI- Prophet Ezekiel
TEACHER: Ms. Hannah P. Abellana SUBJECT: Basic Accounting

State of Financial Performance

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NAME: Alexa Evan L. Ginez SECTION: XI-Prophet Ezekiel

TEACHER: Mr. Allan Aducal SUBJECT: Applied Economics

Self-check 6

Porters Five Forces

b. ANGGING’ DRY GOOD STORE

1. The threat of new entrants for Angging’s Dry Good Store is very strong. It’s chances of new entrants to enter the
market is also very high and very easy, it is because the barriers are very low. For example you have ₱500,000, with the
amount of money that you have at the moment you can easily invest in other businesses or perhaps start your own.
Their chances of success in this type of business are low to moderate this is because Angging’s Dry Good Store have
already gained the trust of its constumer’s and is well-known locally because of its years of business. But there are also
substitutes for this type of business, products that Angging offers can be easily bought in near by stores and on online
like Shoppe and Lazada. All of this factors are considered as a threat to the said business.

2. The number of products for Angging’s Dry Good Store is strong. There are many available substitutes for dry good
products in the market which are sold at a cheaper price. For example, Shoppe and Lazada, which both offer high quality
and affordable products which is also hassle-free for the costumers. Because of this factors it is considered a threat
because of it’s availability of substitutes. But ordering online can get a little tiring so this leads to the costumers going to
near by businesses in nearby markets like Angging’s Dry Good Store itself which also provide the same products. And
because of its high-quality and low cost items which competitors fail to match.

3. The bargaining power of Angging’s Dry Good Store is strong to moderate. There are significant number of buyers
relative to the suppliers. Since the buyer can purchase a similar product from multiple suppliers. It’s switching cost can
be low or high.

4. Suppliers can exert only weak pressure on Angging’s Dry Good Store. Since there are multiple substitutes available the
buyer switching cost is very low. There are numerous amount of suppliers relative to buyers. Due to Agging’s good
reputation to its costumers there are also numerous suppliers which she can choose from.

5. The intensity of competitive rivalry in this business is moderate to high. There are numerous companies/businesses
which sell and provide the same products. Shoppe and Lazada are considered as major competitors and other businsses
with a near-by location to the said business. The switching cost are both low to high. The intensity for Anggingg’s Dry
Good Store stays moderate to high as a result of all the factors.

c. ANDI’S SNACK BREAK

1. The threats of new entrants for Andi’s is moderate to high. The barriers are low, and the initial investment required
start a business like Andi’s is also very low. New entrants can compete with Andi’s but there success are low to
moderate. Andi’s have already captured and earned a strong reputation to the public that they have right now. New
businesses that provide similar goods as Andi’s at its cheapest price, so resulting to new entrants as a threat to the
business. However, because Andi’s is well known not only to the municipality but also in nearby cities it attracts more
costumers than expected. Due to the numerous amount of costumers the threat of new entrants aren’t really much of a
bother.

2. The number of substitute products for Andi’s Snack Break is very strong. There are several substitutes available for
Andi’s in the market, including well-known restaurants competing with its ambiance and product quality, but,
costumers can easily make the products at home. It is considered as a moderate threat.
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3. The bargaining power of buyer in Andi’s is strong to moderate. Since there are multiple alternatives in the market the
buyer can get a product/service to that of Andi’s from other suppliers. The power of buyers remains moderate.

4. Suppliers can exert only weak pressure on Andi’s. Buyer switching costs are low since there are numerous substitutes
available. As they already have a large number of devoted costumers and have kept an impressive reputation, they canm
choose any supplier they want. Suppliers after all depend on the businesses sale for the business to buy more of their
products or goods.

5. The intensity of competitive rivalry in this business is moderate to high. It has numerous rivals like backyard bisto and
Nueva vista’s Grill, which are also loved by the public and to add Mang Inasal is also a competitor which the business
also sells halo-halo. Furthermore despite the amount of competitors Andi’s remains storng and attracted more
costumers. The intensity of competition against Andi’s stays moderate to high as a result of all these factors.
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NAME: Alexa Evan L. Ginez SECTION: XI-Prophet Ezekiel
TEACHER: Ms. Christine C. Comiling

SELF-CHECK #3:

Genetic engineering is the process of using recombinant DNA (rDNA) technology to alter the genetic makeup of an
organism, also called genetic modification or genetic manipulation, is the direct manipulation of an organism's genes
using biotechnology. It can be used in making the plants, fruits, and vegetables have a longer life span of edibility by
injecting or spraying the genes on them, cloning, alternating the genes like how the onion will lose its ability to make you
cry.
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