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Work Immersion Document: St. Columban Institute Domalandan Center Lingayen, Pangasinan SY. 2020-2021, MN
Work Immersion Document: St. Columban Institute Domalandan Center Lingayen, Pangasinan SY. 2020-2021, MN
Columban Institute
SY. 2020-2021,mn
WORK IMMERSION
DOCUMENT
Randy C .Soriano
DESCRIPTION
Online selling is an online enterprise managed by Grade 12 students in
compliance to their requirements in Work Immersion (Business
Simulation). They type of business is partnership composed of 4 Groups.
The business used Facebook as its main platform of advertising its
products, The business offer the second hand clothes.
The business runs in an order basis wherein the owners collect orders for
the entire week. The production and delivery take place during the
weekends.
During the operations, The Business experienced the long destination of
the buyer and cancelation of orders and limited time. the motivation of
online selling is its time to go where your buyers live: online if your
pride yourself on being where your buyers are, why aren’t you online
yet.
March 23, 2021
Planning what the business we online selling. The discussion on whom to sell and
where to sell.
ASSEST
Cash 700
Inventory 350
LIABILITIES 0
OWNER’S EQUITY
Capital 200
Revenue 700
Online Selling
Balance Sheet
For the Period ended April 17,2021
Less:
Delivery Expense 150
NET PROFIT 550
On April 19, 2021, income of Php 550 was liquidated to the 4partners. Each got
Php 135. The capital share was given back as well.