Documente Academic
Documente Profesional
Documente Cultură
Name:__________________________________________ Score:__________________
Strand & Sec.: ABM _____________ Date: _________________
KNOWLEDGE
LEARNING COMPETENCY:
II. Match the letter with the definition that corresponds to the following terms: (10 points)
PROCESS
LEARNING COMPETENCY:
1
III. Put “+” if the account has increased or “–“ if the account has decreased. Put the amount of
increase/decrease for each account. (20 points)
OWNER’S
ASSETS LIABILITIES
EQUITY
Transaction
Accounts Furniture Accounts Loan Bosx1ne,
Cash
Receivable and Fixture Payable Payable Capital
1. Bosx1ne
invested
P600, 000 in
the business.
2. Bought
P10, 000
worth of
furniture on
account
3. Loaned
P80,000 from
EXB bank.
4. Cash
services
rendered to
King
Badger,
P10,000
5. Services
rendered to
JRoa on
account,
P6,000
6. Collected
the account
from JRoa in
full
7. Made
additional
investment
of P20,000
8. Hired a
secretary
with monthly
salary of
P16,000
9. Returned
P2,000 worth
of defective
furniture
bought on
account
10. Made
cash
withdrawal,
P24,000
2
IV. Analyze the business transactions below and give the effects of the following transactions
on the accounts given. Write DR if debit, CR if credit, and NE if not affected. (14 points)
__________________________ __________________________
Ms. Florivee G. Erese Mrs. Melani T. Mariano
Subject Teacher Acting Head, Mathematics Department