Professional Documents
Culture Documents
ACTIVITY 2 Saray
ACTIVITY 2 Saray
Saray ACTIVITY 2
BSA – 2 Essentials of Accounting 1
Test 1
1. M.
2. Consumption
3. K.
4. B.
5. Accounts receivable
6. R.
7. J.
8. L.
9. F.
10. Q.
11. G.
12. Income statement
13. Net Book Value
14. J.
15. H.
16. Notes Receivable
17. Contra Asset
18. P,
19. O.
20. F.
Test 2
1. Financial statement
2. Cash Flow from Operating Activities
3. Equity
4. Expenses
5. Revenue
Laiza Cristella J. Saray ACTIVITY 2
BSA – 2 Essentials of Accounting 1
6. Liabilities
7. Income statement
8. Statement of cash flows
9. Revenue
10. Asset
11. Cash flows
12. Asset
13. Liabilities
14. Expense
15. Cash flow from investing activities
16. Cash flow statement
17. Balance sheet
18. Statement of financing position
Test 5
1. Inv 26. Inv
2 OP 27. Fin
3. OP 28. Inv
4. Inv 29. Fin
5. OP 30. OP
6. Inv
7. Inv
8. Fin
9. NOT
10. OP
11. Inv
12. Inv
13. Fin
14. Fin
15. NOT
16. OP
17. NOT
18. OP
19. Inv
20. Inv
21. OP
22. Inv
23. OP
24. Inv
25. OP
Laiza Cristella J. Saray ACTIVITY 2
BSA – 2 Essentials of Accounting 1
Test 6
Case Assets Liabilities Owner's Equity
1 ₱1,490,000 ₱990,000 ₱500,000
2 110,000 60,000 50,000
3 5,180,000 3,000,000 2,180,000
4 1,740,000 900,000 840,000
5 512,500 114,110 398,390
6 2,870,000 1,671,550 1,198,450
7 466,280 221,125 245,155
8 671,200 425,200 246,000
9 1,163,000 364,000 799,000
10 1,025,177 650,044 375,133
Test 7
1. 315,000
2. 240,000
3. 301,000
4. 1,317,600
5. 18,000
6. 150,000
7. 1,081,000
8. 494,000
9. 504,000
10. 111,000
Test 8
1. 250,000 ÷ 40% = 625,000
625,000 – 250,000 = 375,000
4. 960,000 – 960,000 = 0
Laiza Cristella J. Saray ACTIVITY 2
BSA – 2 Essentials of Accounting 1
5. 169,000 + 284,000 =453,000
7. 550,000 – 550,000 = 0
IX.
Stay Healthy Medical Clinic
Owner’s equity statement
For year ended December 31, 2012
Total ₱2,800,000
IX.
Stay Healthy Medical Clinic Owner’s equity statement
Total ₱1,730,000
X.
Mighty Minds Tutorial Center Owner’s equity statement
Total ₱2,249,000
XI.
The Little Tike's Tutorial Services
Total ₱397,000
XII.
Ms. Jean Statements of Changes in Equity
Total ₱331,000
XIV.
Mr. Joe Statements of Changes in Equity
Total ₱457,700
Total ₱260,000
XVI.
Floring's Bake Shop Statements of Changes in Equity
Total ₱208,000
Total ₱363,000
Total ₱208,000
XX.
Total Revenue= ₱580,000
Total ₱165,000
A B C D
Owner's Equity, ₱50,000 ₱200,000 ₱30,000 ₱80,000
Jan1
Additional 25,000 120,000 15,000 40,000
Investment
Withdrawal 5,000 60,000 3,000 8,000
Revenue 20,000 140,000 12,000 32,000
Expenses 10,000 100,000 6,000 16,000
Owner's Equity, ₱80,000 ₱300,000 ₱48,000 128,000
Dec 31
Laiza Cristella J. Saray ACTIVITY 2
BSA – 2 Essentials of Accounting 1
XXII. Compute the missing figure in each of the following independent cases.
A B C D
Owner's Equity, ₱65,000 ₱386,000 ₱39,000 ₱104,000
Jan 1
Additional 58,500 78,000 3,900 10,300
Investment
Withdrawal 32,500 156,000 19,500 ?
Revenue 26,000 182,000 36,800 41,500
Expenses 13,000 130,000 7,800 20,800
Owner's Equity, ₱104,000 ₱360,000 ₱52.400 ₱166,400
Dec 31