Enrichment Activities Republic of the Philippines

Department of Education
Think of your own business, give a name to that business or I. OBJECTIVES Region III ____
A. Content Standards Schools Division Office of Bulacan
company and prepare your own Statement of Financial Position. The learners demonstrate San
an understanding of account
Pedro National High School titles under the
D.
____
assets, liabilities, and capital accounts of the Statement of Financial 5. W
(You may use a report form or an account form) Position, namely, cash, receivables, inventories, prepaid expenses,
1. W
tion
ass
property, plant and equipment, payables, accrued expenses, unearned C.W
2.
income, long-term liabilities and capital that will equip him/her in the
3.
____
B.
preparation of the SFP using the report form and account form. E. P
ACT
FUNDAMENTALS OF ACCOUNTING, 3.
____
Com1
B. Performance Standards: lear
BUSINESS
The learners are able to solve AND
exercises MANAGEMENT
and problems that require 2 less
exp
preparation of an SFP for a single proprietorship with proper classification
6.
PrA
she
The
of accounts as current and noncurrent using the report form and the Fin
____
____
account form. Cas
Stat1
Loa
of th
C. MELCs: and
Acc
____
Statement of Financial Position
The learners...
identify the elements of the SFP and describe each of them.
Sup
In t
3.
Equ
deb
____
(SFP)
prepare an SFP using the report form and the account form with proper
classification of items as current and noncurrent
Own
7.
Ass2
Acc
Far
non
____
References: Bui
CUR
The
***L
ACTIVITY SHEET
D. Specific Objectives: with
____
and
for t
References of the Teaching Guide for Senior High School: define SFP and introduce the term Permanent Accounts V.
8.
identify the elements of the SFP and describe each of these items follo
3
o Haddock, M., Price, J., & Farina, M. (2012). College for a single/sole proprietorship business pre
MU
NON
Accounting: A Contemporary Approach, Second Edition. New classify the elements of the SFP into current and noncurrent items inco
red
Pric
up w
York: McGraw-Hill/Irwin. prepare an SFP for a single/sole proprietorship business using the ____4
NAME: ___________________________________________________
report form and the account form with the proper classification of com
____
items as current and noncurrent prov
GRADE AND SECTION: __________________________________ 9.
o Valencia, E. G., & Roxas, G. F. (2010). Basic Accounting ____
the
bus
thei
(3rd ed.). Mandaluyong City, Philippines: Valencia DATE OF SUBMISSION: _________________________________ ANA
____5
Educational Supply. ____
Pro
cred
II. CONTENT ____
10.
liab
____A
Chapter 1. Statement of Financial Position ____
____B
und
CUR
(Page 16) (Page 1) 1 asse
(Page 2) bus
C
the