Dasmariñas Integrated High School – Senior High School

FUNDAMENTALS OF ACCOUNTANCY, BUSINESS AND MANAGEMENT 2

LEARNING ACTIVITY SHEET 1 – QUARTER 1 – WEEK 1
Name: Date:
Grade Level & Section: Teacher:
I. LESSON Statement of Financial Position (SFP)
II. Most Essential The Learner…….
Learning Competencies 1. identify the elements of the SFP and describe each of them
(MELC) (ABM_FABM12- Ia-b-1)
2. prepare an SFP using the report form and the account form
with proper classification of items as current and noncurrent
(ABM_FABM12- Ia-b-4)

Learning Task 1.1 – SFP Preparation

Prepare a SFP for ABM Company for this year ended December 31, both in account and
report form using the following information below:

ABM Capital P 23,570 Unearned Revenue ???

Accounts Payable 3,000 Accumulated Depreciation 2,000
Accrued Expense 450 Inventory 39,800
Building 100,000 Cash 32,800
Prepaid Rent 1,000

Note: Use the back of the sheet or provide another sheet of paper
for your answer.

Rubrics 10 9 8 6
Shows excellent Shows good Shows fair Shows poor
understanding of understanding of understanding of understanding of
Understandability accounting ideas and accounting ideas and accounting ideas and accounting ideas
processes processes processes and processes
Shows the fair or
Shows the good Shows the good
Shows the best different
presentation of the presentation of the
Accuracy presentation of the presentation of the
statements but with statements but there are
statements with no error. statements and with
minimal errors more errors
more errors

Learning Task 1.2 – Quiz 1

Follow the example provided in the table below.

Account Titles Tell whether (ASSET, Current Account,

LIABILITY or EQUITY) Non -Current Account or
Not Applicable
Example: Cash Asset Current
A. Notes Receivable
B. ABM Capital
C. Prepaid Rent
D. Accumulated
Depreciation - Building
E. Accrued Taxes

1
 Learning Task 1.3 – Reflection

I learned that
________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

I realized that

________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

_________________________________________________________________________

Prepared by:

RICHPHER G. GAGALAC
Subject Teacher

2
 Dasmariñas Integrated High School – Senior High School
FUNDAMENTALS OF ACCOUNTANCY, BUSINESS AND MANAGEMENT 2
LEARNING ACTIVITY SHEET 2 – QUARTER 1 – WEEK 2 & 3
Name: Date:
Grade Level & Section: Teacher:
I. LESSON Statement of Comprehensive Income (SCI)
II. Most Essential The Learner…….
Learning Competencies 1. identify the elements of the SCI and describe each of these
(MELC) items for a service business and a merchandising business
(ABM_FABM12- Ic-d-5)
2. prepare an SCI for a service business using the single-step
approach (ABM_FABM12- Ic-d-6)
3. prepare an SCI for a merchandising business using the
multistep approach (ABM_FABM12- Ic-d-7)

Learning Task 2.1: SCI Preparation

Account titles Balance Account titles Balance

Sales return P 5,555 Sales P 800,050
Sales discount 13,300 Purchases 470,650
Purchase return and
Depreciation Expense 20,000 allowances 5,465
Amortization Expense 10,500 Gain on sale of PPE 5,500
Advertising Expense 35,000 Interest Income 4,256
Purchase discount 2% of Purchases Freight Out 4,275
Freight In 9,080 Salaries Expense 80,000
Utilities Expense 55,000 Rent Expense 60,000
Decrease in Inventory 4,570 Bad Debts 3% of gross sales

Additional information:
a) Depreciation of P5,000 is for computer equipment used in the Sales Department.
b) Amortization is attributed to office leasehold improvements.
c) 30% of salaries are attributed to office personnel.
d) Utilities for the store represents 70% of utilities expense.
e) Rent for the office space is P20,000

Requirements: Determine the following:

1) Net sales
2) Net Purchases
3) Cost of Goods Sold
4) Bad Debts Expense
5) Function of Step SCI

Note: Use a whole bond paper or Any whole sheet of paper for your solutions and
answers.

3
 Rubrics 10 9 8 6
Shows excellent Shows good Shows fair Shows poor
understanding of understanding of understanding of understanding of
Knowledge accounting ideas and accounting ideas and accounting ideas and accounting ideas and
processes processes processes processes

Shows the proper Shows the good Shows the good Shows the fair or
presentation of the presentation of the presentation of the different presentation
Accuracy statements with no statements but with statements but there of the statements and
error. minimal errors are more errors with more errors

Shows the complete Shows the incomplete Show some

has a little accounting
accounting accounting accounting
information,
Completeness information, information, information,
computations or
computations and computations or computations or
reports.
reports reports reports.

Learning Task 2,2 - Assessment

Part 1 - MATCHING TYPE – Choose your answers on the table below and write your
answers on a piece of paper.

Selling Expenses Transportation Cost Accrual

Administrative Expenses Rent Income Non-operating Income

SCI Cost of Goods Sold Sales Revenue Service Income

_______________ 1. Cost incurred for shipping of goods or merchandise.

_______________ 2. Are income generated by performing of services to customers
_______________ 3. These are costs incurred to purchase or to produce the products sold
to customers during the period.
_______________ 4. It refer to those incurred in the daily operations and management of
the business
_______________ 5. Are income for occupying the room, commercial lot, building and the like.
_______________ 6. It is a statement that reports the results of company’s operations for an
accounting period
_______________ 7. Are costs related to marketing, selling and distributing the company’s
merchandise.
_______________ 8. This account represents the revenues earned from the sold goods or
merchandise.
_______________ 9. It states that there are some transactions or other events that should be
recognized when they occur and not as cash is received or paid.
_______________ 10. It refers to all income generated other the operation of the business

Part 2 – Problem Solving

During September, an accounting firm had the following transactions involving revenue
and expenses.

Paid Php10,500 for rent

Provided services for Php81,450 on account
Paid Php2,499 for internet service
Advance payment made by client amounting to Php10,000
Paid salaries of Php25,500 to employees
Paid Php1,550 for office cleaning services

4
 REQUIREMENT:
Prepare a single-step Statement of Comprehensive Income. Use the table below for
your answer.

Learning Task 2.3 – Reflection

I learned that
________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

I realized that

________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

Prepared by:

RICHPHER G. GAGALAC
Subject Teacher

References

a. Fundamentals of Accountancy, Business and Management 2– Win Ballada

b. Fundamentals of Accountancy, Business and Management 2– Dani Rose Salazar
c. Teaching Guide for Senior High School FUNDAMENTALS OF ACCOUNTANCY, BUSINESS,
AND MANAGEMENT 2

5
 Dasmariñas Integrated High School – Senior High School
FUNDAMENTALS OF ACCOUNTANCY, BUSINESS AND MANAGEMENT 2
LEARNING ACTIVITY SHEET 3 – QUARTER 1 – WEEK 4
Name: Date:
Grade Level & Section: Teacher:
I. LESSON Statement of Changes in Equity (SCE)
II. Most Essential The Learner…….
Learning Competencies discuss the different forms of business organization
(MELC) (ABM_FABM12-Ie-8)
prepare an SCE for a single proprietorship
(ABM_FABM12-Ie-9)

Learning Task 3.1 – SCE Preparation

1. On January 1, 2021, Mr. Gagalac invested cash of P200,000 for his delivery service
business. He paid P10,000 for advertising expense, P12,000 for office rent, P2,500 for
internet services and half of P45,000 for other expenses. During the year his income was
reported at P87,830. He made two drawings of P20,000 and P15,000 respectively. Your
task is to prepare an SCE for his company.

Note: Use a whole bond paper or Any whole sheet of paper for your solutions and
answers.

Rubrics 10 9 8 6
Shows excellent Shows good Shows fair Shows poor
understanding of understanding of understanding of understanding of
Understandability accounting ideas and accounting ideas and accounting ideas and accounting ideas
processes processes processes and processes
Shows the fair or
Shows the good Shows the good
Shows the best different
presentation of the presentation of the
Accuracy presentation of the presentation of the
statements but with statements but there are
statements with no error. statements and with
minimal errors more errors
more errors

Learning Task 3.2 – Assessment.

Write your answers on the line provided before each number.

_______________ 1. A form of business that is owned by stockholders.

_______________ 2. Give two possible DEBIT accounts in an EQUITY ACCOUNT.
_______________ 3.
_______________ 4. Two forms of business organization that have a disadvantage of
_______________ 5. unlimited liability
_______________ 6. If income is higher than expenses this is the result.
_______________ 7. If income is lower than expenses this is the result.
_______________ 8. If income is equal to expenses this is the result.
_______________ 9. What is the effect in equity if the company made an additional
investment and incurred a loss at the same amount?
_______________ 10. What is the effect in equity if the company made a withdrawal
and gained an income at the same amount?

6
 Learning Task 3.3 – Reflection

I learned that
________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

I realized that

________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

_________________________________________________________________________

Prepared by:

RICHPHER G. GAGALAC
Subject Teacher

References

a. Fundamentals of Accountancy, Business and Management 2– Win Ballada

b. Fundamentals of Accountancy, Business and Management 2– Dani Rose Salazar
c. Teaching Guide for Senior High School FUNDAMENTALS OF ACCOUNTANCY, BUSINESS,
AND MANAGEMENT 2 - Published by the Commission on Higher Education, 2016

7
 Dasmariñas Integrated High School – Senior High School
FUNDAMENTALS OF ACCOUNTANCY, BUSINESS AND MANAGEMENT 2
LEARNING ACTIVITY SHEET 4 – QUARTER 1 – WEEK 5
Name: Date:
Grade Level & Section: Teacher:
I. LESSON Statement of Cash Flow (SCF)

II. Most Essential The Learner…….

Learning Competencies 1. Discuss the components and structures of a SCF –
(MELC) (ABM_FABM12-If10)
2. prepare a SCF – (ABM_FABM12-If11)

Learning Task 4.1 – SCF Preparation

Below are the cash transactions of ABM Trading for December 31, 2021

Cash withdrawals made by owners 53,000.00

Proceeds from bank loans 96,000.00
Payment to Employees 75,000.00
Payment for bought Office Equipment 27,150.00
Cash receipts from sale of old equipment 9,500.00
Cash Beginning Balance 87,200.00
Additional Cash investments by owner 250,000.00
Cash sales to customers 476,870.00
Dividends received 27,500.00
Partial Payment for bought building and land 250,000.00
Payment for income taxes 37,800.00
Payment of interest 7,500.00

Instructions:
Prepare the statement of cash flows using indirect method. After which, answer the
following questions and write it on every line provided below: (1 point in each item)

1. How much is the cash flow from operating activities? ___________

2. How much is the cash flow from investing activities? ___________
3. How much is the cash flow from financing activities? ___________
4. How much is the net increase or decrease in cash for the year? ___________
5. How much is the cash as of December 31, 2015? ___________

Rubrics 10 9 8 6
Shows excellent Shows good Shows fair Shows poor
understanding of understanding of understanding of understanding of
Knowledge
accounting ideas and accounting ideas and accounting ideas and accounting ideas and
processes processes processes processes
Shows the complete Shows the incomplete Show some accounting has a little accounting
Completeness accounting information, accounting information, information, computations information, computations
computations and reports computations or reports or reports. or reports.

Note: Use a whole bond paper or Any whole sheet of paper for your solutions and
answers.
8
 Learning Task 4.2 – Assessment.
Write your answers on the line provided before each number.

_______________ 1.
_______________ 2. Give the three activities of cash flows
_______________ 3.
_______________ 4. If the customer borrowed some cash in what CFS activity it is
belong?
_______________ 5. Payment for bank loans is what part of CFS activity?
_______________ 6. Acquired furniture for cash is what part of CFS activity?
_______________ 7. If the customer bought some goods and did not pay will it be
included in cash flow activities – direct method?
_______________ 8. Cash collection on long-term note receivable is what part of CFS
activity?
_______________ 9. In a CFS Statement which activity stated first, investing, operating,
or financing?
_______________ 10. In a CFS Statement which activity stated last, investing, operating,
or financing?

Learning Task 4.3 – Reflection

I learned that
________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

I realized that

________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

_________________________________________________________

Prepared by:

RICHPHER G. GAGALAC
Subject Teacher

References

d. Fundamentals of Accountancy, Business and Management 2– Win Ballada

e. Fundamentals of Accountancy, Business and Management 2– Dani Rose Salazar
f. Teaching Guide for Senior High School FUNDAMENTALS OF ACCOUNTANCY, BUSINESS,
AND MANAGEMENT 2 - Published by the Commission on Higher Education, 2016

9
 Dasmariñas Integrated High School – Senior High School
FUNDAMENTALS OF ACCOUNTANCY, BUSINESS AND MANAGEMENT 2
LEARNING ACTIVITY SHEET 5 – QUARTER 1 – WEEK 6
Name: Date:
Grade Level & Section: Teacher:
I. LESSON Analysis and Interpretation of Financial Statement - Part 1
II. Most Essential The Learner…….
Learning Competencies 1. Define the measurement levels, namely, profitability,
(MELC) efficiency and financial health (liquidity and solvency).
(ABM_FABM12-Ig-h-12).
2. perform vertical and horizontal analyses of financial
statements of a single proprietorship. (ABM_FABM12-Ig-h13)

Learning Task 5.1 – Vertical or Horizontal

ABM COMPANY
Comparative Statement of Comprehensive Income
For the period ended 12/31/2020 12/31/2021
Gross Sales ₱ 1,652,355 ₱ 1,817,591
Sales Discount (15,471) (16,245)
Sales Returns (4,181) (4,391)
Net Sales ₱ 1,632,703 ₱ 1,796,955
Less: Cost of Goods Sold (565,696) (599,638)
Gross Profit ₱ 1,067,007 ₱ 1,197,317
Less: Expenses
General and Administrative
Office Salaries 216,000 226,800
Mandatory Contributions 49,560 52,038
Depreciation - Office Furnitures and Fixtures 4,200 4,200
Depreciation - Office Equipment 5,000 5,000
Utilities - Office 27,527 28,903
Office Supplies 7,057 7,271
Rent Expense 180,000 180,000
Selling Expenses
Sales Salaries 276,000 289,795
Mandatory Contributions 74,560 78,287
Depreciation - Store Furnitures and Fixtures 4,200 4,200
Depreciation - Store Equipment 5,000 5,000
Utilities - Sales 27,527 28,903
Advertising 8,000 8,456
Store Supplies 7,683 7,914
Total Expenses ₱ 892,314 ₱ 926,767
Net Income ₱ 174,693 ₱ 270,550

10
 ABM COMPANY
STATEMENT OF FINANCIAL POSITION
As of 12/31/2020 12/31/2021
ASSETS
Current Assets
Cash ₱ 46,857 ₱ 81,250
Lease Deposits 20,000 20,000
Accounts Receivable 21,257 43,750
Merchandise Inventory 15,751 21,324
Total Current Assets ₱ 103,865 ₱ 166,324
Non-Current Assents
FURNITURE & FIXTURES 42,000 42,000
Furniture and Fixtures - Accumulated Depreciation (8,400) (16,800)
MACHINERIES AND EQUIPMENT 50,000 50,000
MACHINERIES AND EQUIPMENT - Accumulated Depreciation (10,000) (20,000)
Total Non-Current Assets 73,600 55,200
TOTAL ASSETS ₱ 177,465 ₱ 221,524
LIABILITIES AND OWNER'S EQUITY
Current Liabilities
Accounts Payable ₱ 9,080 ₱ 12,175
Salaries Payable 31,000 32,550
Utilitites Payable 4,982 5,675
SSS Contributions Payable 6,120 6,421
Pag-Ibig Contributions Payable 1,900 2,021
PhilHealth Contributions Payable 1,625 1,723
Income Tax Payable 7,134 7,562
TOTAL LIABILITIES ₱ 61,841 ₱ 68,127
ABM Capital 115,624 153,397
Total Equity ₱ 115,624 ₱ 153,397
TOTAL LIABILITIES AND OWNER'S EQUITY ₱ 177,465 ₱ 221,524

Use the figures above and choose one (1) in any of the following tasks:
1) Horizontal Analysis of the Consolidated Statement of Financial Position
2) Horizontal Analysis of the Consolidated Statement of Comprehensive Income
3) Vertical Analysis of the Consolidated Statement of Financial Position 2020
4) Vertical Analysis of the Consolidated Statement of Financial Position 2021

Rubrics 10 9 8 6
Shows excellent Shows good Shows fair Shows poor
understanding of understanding of understanding of understanding of
Knowledge
accounting ideas and accounting ideas and accounting ideas and accounting ideas and
processes processes processes processes
Shows the complete Shows the incomplete Show some
has a little accounting
accounting accounting accounting
information,
Completeness information, information, information,
computations, or
computations, and computations, or computations, or
reports.
reports reports reports.

Note: Use a whole bond paper or Any whole sheet of paper for your solutions and
answers.

11
 Learning Task 5.2 – Assessment.
Write your answers on the line provided before each number.

_______________ 1. Also known as “trend analysis”

_______________ 2. This indicate an increase or decrease in an amount or percentage for
the next period
_______________ 3. It is a technique that expresses each financial statement line item as
a percentage of a base amount
_______________ 4. If cash is 20% of the total assets, what is the amount of cash if the
total assets is P400,000 pesos.
_______________ 5. If the inventory is P250,000 while the total liabilities and equity is
P1,500,000, what is the percentage of inventory against total assets?
_______________ 6. The total amount of sales for this year is P200,000, and this is
equivalent to 25% increase from the previous year. If that so, what
would be the amount of sales from the previous year?
_______________ 7. If the cost of goods sold is 40% of the net sales, how much is the
Net sales if the cost of goods sold is P 400,000?
_______________ 8. The net income of year 2019 is P250,000 while on 2020 It increased
to 20%, what is the amount increased in 2020?
_______________ 9. The total assets of year 2020 is P500,000 while on 2021 it decreased
to P400,000, what is the decreased in percentage in 2020?
_______________ 10. These ratios express the relationship among specific financial data.

Learning Task 5.3 – Reflection

I learned that
________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

I realized that

________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

Prepared by:

RICHPHER G. GAGALAC
Subject Teacher

References
a. Fundamentals of Accountancy, Business and Management 2– Win Ballada
b. Fundamentals of Accountancy, Business and Management 2– Dani Rose Salazar
c. Teaching Guide for Senior High School FUNDAMENTALS OF ACCOUNTANCY,
BUSINESS, AND MANAGEMENT 2 - Published by the Commission on Higher Education,
2016

12
 Dasmariñas Integrated High School – Senior High School
FUNDAMENTALS OF ACCOUNTANCY, BUSINESS AND MANAGEMENT 2
LEARNING ACTIVITY SHEET 6 – QUARTER 1 – WEEK 7
Name: Date:
Grade Level & Section: Teacher:
I. LESSON Analysis and Interpretation of Financial Statement - Part 2
II. Most Essential The Learner…….
Learning Competencies 1. Define the measurement levels, namely, profitability,
(MELC) efficiency and financial health (liquidity and solvency).
(ABM_FABM12-Ig-h-12)
compute and interpret financial ratios such as current ratio,
working capital, gross profit ratio, net profit ratio, receivable
turnover, inventory turnover, debt-to-equity ratio, and the like.
(ABM_FABM12-Ig-h-14)

Learning Task 6.1 – Analyzing and Interpreting FINANCIAL RATIOS

ABM COMPANY
Comparative Statement of Comprehensive Income
For the period ended 12/31/2020 12/31/2021
Gross Sales ₱ 1,652,355 ₱ 1,817,591
Sales Discount (15,471) (16,245)
Sales Returns (4,181) (4,391)
Net Sales ₱ 1,632,703 ₱ 1,796,955
Less: Cost of Goods Sold (565,696) (599,638)
Gross Profit ₱ 1,067,007 ₱ 1,197,317
Less: Expenses
General and Administrative
Office Salaries 216,000 226,800
Mandatory Contributions 49,560 52,038
Depreciation - Office Furnitures and Fixtures 4,200 4,200
Depreciation - Office Equipment 5,000 5,000
Utilities - Office 27,527 28,903
Office Supplies 7,057 7,271
Rent Expense 180,000 180,000
Selling Expenses
Sales Salaries 276,000 289,795
Mandatory Contributions 74,560 78,287
Depreciation - Store Furnitures and Fixtures 4,200 4,200
Depreciation - Store Equipment 5,000 5,000
Utilities - Sales 27,527 28,903
Advertising 8,000 8,456
Store Supplies 7,683 7,914
Total Expenses ₱ 892,314 ₱ 926,767
Net Income ₱ 174,693 ₱ 270,550

13
 ABM COMPANY
STATEMENT OF FINANCIAL POSITION
As of 12/31/2020 12/31/2021
ASSETS
Current Assets
Cash ₱ 46,857 ₱ 81,250
Lease Deposits 20,000 20,000
Accounts Receivable 21,257 43,750
Merchandise Inventory 15,751 21,324
Total Current Assets ₱ 103,865 ₱ 166,324
Non-Current Assents
FURNITURE & FIXTURES 42,000 42,000
Furniture and Fixtures - Accumulated Depreciation (8,400) (16,800)
MACHINERIES AND EQUIPMENT 50,000 50,000
MACHINERIES AND EQUIPMENT - Accumulated Depreciation (10,000) (20,000)
Total Non-Current Assets 73,600 55,200
TOTAL ASSETS ₱ 177,465 ₱ 221,524
LIABILITIES AND OWNER'S EQUITY
Current Liabilities
Accounts Payable ₱ 9,080 ₱ 12,175
Salaries Payable 31,000 32,550
Utilitites Payable 4,982 5,675
SSS Contributions Payable 6,120 6,421
Pag-Ibig Contributions Payable 1,900 2,021
PhilHealth Contributions Payable 1,625 1,723
Income Tax Payable 7,134 7,562
TOTAL LIABILITIES ₱ 61,841 ₱ 68,127
ABM Capital 115,624 153,397
Total Equity ₱ 115,624 ₱ 153,397
TOTAL LIABILITIES AND OWNER'S EQUITY ₱ 177,465 ₱ 221,524

Solve for the following ratios for the year 2020 and 2021: (Maximum points – 60 pts.)

1. Current Ratio
2. Quick Ratio
3. Asset turn over
4. Fixed Asset Turnover
5. Inventory Turnover
6. Days in Inventory
7. Accounts Receivable Turnover
8. Days in Accounts Receivable
9. Debt to Equity Ratio
10. Debt Ratio
11. Equity Ratio
12. Gross profit margin
13. Net profit margin
14. Return on assets
15. Return on equity

Note: Use a whole bond paper or Any whole sheet of paper for your solutions and
answers.

Learning Task 6.2 – Short Quiz

Write your answers on the line provided before each number.

14
_______________ 1. It expresses the relationship among selected items of financial
statement data.
_______________ 2. It measure the ability of the company to generate income from the
use of its assets and invested capital as well as control its cost
_______________ 3. It measures the return (net income) generated by the owner’s capital
invested in the business.
_______________ 4. This shows how much profit will go to the owner for every peso of
sales made.
_______________ 5. This ratio measures the ability of the company to utilize its assets.
_______________ 6. This measures the company’s collection period which is the number
of days from sale to collection.
_______________ 7. It is an indicator of the efficiency of fixed assets in generating sales.
_______________ 8. It refers to the company’s capacity to pay their long term liabilities
_______________ 9. It indicates that A high equity to asset ratio implies a high level of
capital
_______________ 10. A high ratio suggests a high level of debt that may result in high
interest expense.

Learning Task 6.3 – Reflection

I learned that
________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

I realized that

________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

Prepared by:

RICHPHER G. GAGALAC
Subject Teacher

References

• Fundamentals of Accountancy, Business and Management 2– Win Ballada

• Fundamentals of Accountancy, Business and Management 2– Dani Rose Salazar
• Teaching Guide for Senior High School FUNDAMENTALS OF ACCOUNTANCY,
BUSINESS, AND MANAGEMENT 2 - Published by the Commission on Higher Education,
2016

15
 Dasmariñas Integrated High School – Senior High School
FUNDAMENTALS OF ACCOUNTANCY, BUSINESS AND MANAGEMENT 2
LEARNING ACTIVITY SHEET 7 – QUARTER 1 – WEEK 8-9
Name: Date:
Grade Level & Section: Teacher:
I. LESSON BASIC DOCUMENTS AND TRANSACTIONS RELATED TO BANK
DEPOSITS

II. Most Essential The Learner…….

Learning Competencies 1. identify the types of bank accounts normally maintained
(MELC) by a business (ABM_FABM12- IIc-5)
2. prepare bank deposit and withdrawal slips
(ABM_FABM12- IIc-7)
3. identify and prepare checks (ABM_FABM12- IIc-8)
4. identify and understand the contents of a bank statement
(ABM_FABM12- IIc-9)

Learning Task 7.1 – Flowchart of Bank Transactions.

Draw a flowchart of which you will apply the banking transactions with the help of your
bank documents. You can get some idea in an example as shown in the figure below.

16
 Rubrics 10 9 8 6
Good Some Not organized,
Organized, flow
Organization organization flow organization flow makes no
for the most part
and Layout is logical and flows slightly sense and is not
is clear
easy to follow unclear clear
Details are
Details are Some details are Unable to find
Quality and somewhat
relevant to not relevant to specific details
ambiguous
Accuracy of process and process and and/or details
and/or
Information chart contain chart contains a are mostly
somewhat
accuracies few inaccuracies inaccurate
inaccurate

Note: Use or provide an extra sheet of bond paper for your answer.

Learning Task 7.2 – Evaluation

Instructions: Use your deposit slips, withdrawal slips and bank checks templates for
the following transactions.

A. Deposit to checking account number 5254143000. The deposits are composed of the
following:
1. Cash deposit of P117,300 – composed of 75 pieces of P1,000 bills, 60 pieces of P500
bills, 45 pieces of P200 bills, 26 pieces of P100 bills, 10 pieces each of P50 bill and
P20 bill.

2. Check deposit of P731,950 – composed of 3 checks.

a. BPI-Dasma Bayan branch with chk no. 0005786457 for P321,055
b. China Bank – Dasmariñas Cavite Branch with chk no. 0001675401 for P145,758
c. BDO – Greenhills branch with chk no. 0010567099 for P265,137

3. Prepare a withdrawal slip from bank account # 0011223348 for the amount of
P545,750. This will be used to pay the employee payroll for March 31.

4. Prepare a bank check for P22,750.37 payable to Meralco for the electric bill.

17
Rubrics 10 9 8 6
Shows excellent Shows good Shows fair Shows poor
understanding of understanding of understanding of understanding of
Knowledge
accounting ideas and accounting ideas and accounting ideas and accounting ideas and
processes processes processes processes
Shows the complete Shows the incomplete Show some accounting has a little accounting
accounting information, accounting information, information, information,
Completeness computations, and computations, or computations, or computations, or
reports reports reports. reports.

18
19
 Learning Task 7.3 – Reflection

I learned that
________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

I realized that

________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

_________________________________________________________________________

Prepared by:

RICHPHER G. GAGALAC
Subject Teacher

References

• Fundamentals of Accountancy, Business and Management 2– Win Ballada

• Fundamentals of Accountancy, Business and Management 2– Dani Rose Salazar
• Teaching Guide for Senior High School FUNDAMENTALS OF ACCOUNTANCY,
BUSINESS, AND MANAGEMENT 2 - Published by the Commission on Higher Education,
2016

Links:
http://informationsystem2014.blogspot.com/2014/11/transaction-processing-system-tps-in.html
https://www.smartdraw.com/flowchart/flowchart-symbols.htm
https://www.coursehero.com/

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