STATION QUESTION

Arrange the following steps in the accounting

cycle in its proper order.
I. Preparation of reversing journal entries
II. Journalizing transactions in the journal
III. Preparation of the Unadjusted Trial
Balance
IV. Posting the Journal Entries to the ledger
V. Preparation of the Adjusting entries
VI. Preparation of the Financial Statements
VII. Preparation of the post-closing trial
balance
VIII. Identifying and Analyzing business
transactions
IX. Preparation of the Worksheet
X. Preparation of the closing entries
Answer: Answer:

Answer: Answer:

Answer: Answer:

Answer: Answer:

Answer: Answer:

Answer: Answer:
 STATION GAME:
ACCOUNTING GIBBERISH-
WHAT STEP AM I?

Players of the team will guess first the

accounting gibberish and tell what step
is it in the Accounting Cycle. If correct,
a team representative will get the
station question from the station
manager. Write the answer on the
paper for checking. Other members are
not allowed to help. No shouting, Keep
silent.
1. Per pair ink tho ant
odd chass did cher ride
you all palace.

2. Frappe prey shan owe

pay nun shall hiss steak
meants.

3. Chore null lay shrink to

run shock sons.
 STATION GAME:
CONSTRUCT A TRANSACTION

Instructions: The team will do together

the Tiktok trend “Me, I guess I was a
shoulder to cry on” in acapella form. If
successfully done, the team will get the
envelope. There will be pieces of paper
and a journal entry inside of the
envelope. The team will construct the
transaction related to the journal entry
given. If done, the Station manager will
check the answer. No shouting, Keep
silent.
Journal entry:
Accounts Receivable 143,000
Service Revenue 143,000

Rendered security
services and billed
customer, Mr.
JPIA ,amounting to
₱143,000
 STATION GAME:
Is it True? Is it False? Or is it Tralse?
The team will assign 7 members to do
the challenge. The team will be given 7
statements and each participating
player should handle a statement. The
station manager will reveal the
sequence of the True or False and the
players will arrange themselves
according to the sequence of True and
False shown by the Station Manager.
No shouting of answers. Do it silently.
SEQUENCE OF THE TRUE AND FALSE

TRUE
FALSE
FALSE
TRUE
FALSE
TRUE
TRUE
 Statement 1

A net loss is
shown on the
worksheet in the
credit column of
both the Income
Statement and
the Balance Sheet
columns.

Statement 2

Accumulated
Depreciation is a
real account.
 Statement 3

The income
summary account
is closed to the
Owner’s Capital
account.
 Statement 4

The worksheet is
considered a part
of the formal
accounting
records.
 Statement 5

If the totals of the

Income Statement debit
and credit columns of a
worksheet are ₱22,750
and ₱25,000
respectively, after all
account balances have
been extended, the
amount of the net loss is
₱2,250.
 Statement 6

Net income is
shown in the
worksheet in the
Income Statement
debit column and
the Balance Sheet
credit column.
 Statement 7

Unearned Income
represents an
advance collection
for service to be
rendered in the
future.

Station Game:
I-pass mo na ako
Instructions: Seven members of the team
will participate the given challenge
(preferably those who did not participate
a challenge yet). The participating players
will form a line. A paper ball will be given
by the Station manager and each player
should joggle the ball then pass to the
member next to him/her and joggle it
again until to the last member. Joggle,
then Pass is the rule. Each member should
joggle the paper ball in a minimum of 3
and above the head distance. The ball
should not touch the ground. If so, the
game will be reset. If successfully done, a
question will be given by the Station
Manager and the team will answer it. If
the answer is wrong, do the challenge
again.

STATION QUESTION
All of the following are incorrect concept except:
a. A concept of normal balance is when a
particular account increases whenever
journalized on a particular side and
decreases whenever journalized on the
opposite side.
b. A concept of normal balance is when a
particular account increases whenever
journalized on a particular side and also
increases whenever journalized on the
opposite side.
c. A concept of normal balance is when a
particular account decreases whenever
journalized on a particular side and also
decreases whenever journalized on the
opposite side.
d. A concept of normal balance is when a
particular account decreases whenever
journalized on a particular side and
increases whenever journalized on the
opposite side.