WHLP Entrep

Download as pdf or txt
Download as pdf or txt
You are on page 1of 4

Republic of the Philippines

DEPARTMENT OF EDUCATION
Region IV – A CALABARZON
Division of Rizal

MALAYA INTEGRATED NATIONAL HIGH SCHOOL


WEEKLY HOME LEARNING PLAN
Grade 11 – Entrepreneurship
Student’s Name: School: Malaya Integrated National High
School
Dates: Quarter: 3rd Week: 13-16
Section: Teacher: MR. RONALD V. FERRERA

Day & Time Mode of Delivery


6:30-7:30 Wake up, make up your bed, eat breakfast Modular Distance Learning-
and get ready for an awesome day! Printed
7:30-8:00 Have a short exercise, meditation/Prepare the Parents will submit the
Learning Materials, (Pen, Paper and Modules) output at School or
designated LR kiosk on
scheduled date.
Get ready with the discussion in our GC (TO BE ANNOUNCED BY THE
ADVISER)
Learning 10. Manifest understanding of starting and operating a simple business
Competencies
Learning INTRODUCTION
Tasks In this module, you will be able to practically implement your newly
developed Business Plan, in which case, will help your target business most
- likely to succeed, because this is where you will actually operate the business;
thus, selling your product/service to the potential customers.
8:00 AM
To DEVELOPMENT
5:00 PM Read and study the lesson on the following pages.
- • Business Implementation, Module 9
• Bookkeeping, Module 10

ENGAGEMENT
Answer the following activities:
• Written Work 12 (See attached Learning Task 12)
• Written Work 13 (See attached Learning Task 13)

ASSIMILATION
Do the following performance tasks:
• Performance Task 12 (See attached activity 12)
• Performance Task 13 (See attached activity 13)

Prepared by: RONALD V. FERRERA Checked by: JIDDAH H. CASTILLO


Teacher II Master Teacher I

Validated by: BELEN A. BUAN Noted by: MARIVIC G. VELGADO


Master Teacher II Principal II
Republic of the Philippines
DEPARTMENT OF EDUCATION
Region IV – A CALABARZON
Division of Rizal

MALAYA INTEGRATED NATIONAL HIGH SCHOOL


WRITTEN WORK 12

Multiple Choice: Select the best answer and write the letter on a separate sheet of paper.

1. Which office will you go to register your single-owned business?


A. SEC B. DTI C. BIR D. Mayor’s Office

2. Which office do you visit to register a partnership or corporation?


A. SEC B. DTI C. BIR D. Mayor’s Office

3. To secure a Tax Identification Number (TIN), which office will you go?
A. SEC B. DTI C. BIR D. Mayor’s Office

4. SSS, Philhealth and Pag-ibig fund contributions are made by _ .


A. employees only C. both Employees and Employers
B. employers only D. none of the choices

5. Which of the following is not a step to follow before operating a business?


A. Register your business
B. Set up an accounting system
C. Advertise the business using Facebook
D. Selling the product

6. Which of the following is true?


A. Good record keeping is not important to the business owner.
B. Good record keeping is important only to the accountant.
C. Good record keeping gives benefits to the enterprise.
D. Good record keeping gives no importance at all.

7. Which of the following is NOT a benefit to the enterprise?


A. It allows the entrepreneur to plan and work more efficiently.
B. It allows the entrepreneur to meet legal and tax requirements.
C. Can check if the business is doing good.
D. It cannot protect the rights of the owner.

8. The objectives of the entrepreneur should be .


A. specific and clear C. short and blurred
B. specific and long term D. long and not specific

9. The tasks before operating the business must be .


A. specified to be accomplished by the owner alone
B. in detail so that the owner will know what to do
C. kept by the owner for future reference
D. none of the choices

10. The tasks to be accomplished before operating the business should have:
A. design B. decoration C. time allotment D. measurement

11. Which of the statements is true?


A. Before starting a business, the entrepreneur may not consult a professional for advice.
B. Before starting a business, the entrepreneur should consult a professional for advice.
C. Before starting a business, the entrepreneur must start selling when there are available buyers.
D. None of the choices

12. Registering your business trade name is done in the office of


A. SEC B. DTI C. Mayor’s Office D. Philhealth Office

13. The sources of documents are called


A. income statements C. records
B. balance sheets D. record keepings
Republic of the Philippines
DEPARTMENT OF EDUCATION
Region IV – A CALABARZON
Division of Rizal

MALAYA INTEGRATED NATIONAL HIGH SCHOOL


14. Which of the following is not a benefit of record keeping?
A. It will not help in managing potential risks.
B. It will measure profit and performance.
C. It will protect the rights of the owner.
D. It will not let you know how much you are earning.

15. Which of the following statements is true?


A. Professional advice is only needed before starting the business.
B. Professional advice is needed all throughout the life of the business.
C. Professional advice is made only by consultants.
D. Professional advice is only a waste of money.

WRITTEN WORK 13

Matching type: Match the description in column A to the term found in column B.
Direction: Use a separate answer sheet. Write the letter only.
COLUMN A COLUMN B
1. First account of the five major accounts which
refers to resources with economic value that it A. Bookkeeper
will provide a future benefit
2. List all ledger accounts with closed or final
balances arranged according to the assets, B. General Journal
liabilities, capital, revenue and expense
3. Also known in accounting as “Value Parted
With” C. General Ledger
4. Also known in accounting as “Value
Received” D. T - Account
5. Group of accounts directly associated from the E. Accounts Payable
general ledger Ledger
6. Contains the detail for all invoices received
F. Subsidiary Ledger
from suppliers
7. The most convenient and fastest way of posting
G. Debit
journal entries to the ledger.
8. Book of final entry H. Credit

9. Book of original entry I. Trial Balance


10. Employee of the company in charge to
J. Asset
maintain bookkeeping records of the business
Republic of the Philippines
DEPARTMENT OF EDUCATION
Region IV – A CALABARZON
Division of Rizal

MALAYA INTEGRATED NATIONAL HIGH SCHOOL


PERFORMANCE TASK 12

Prepare a journal entry of all your business transactions. Give the benefits you get from keeping all
your records.

PERFORMANCE TASK 13

Directions:
1. Use 1 separate sheet or bond paper in writing your answer.
2. Compute for the following:
a) Total Revenue
b) Total Expense
c) Net Income/Net Loss
d) Briefly explain your answer

Mr. Izatsuki Hamida, the bookkeeper of Honda Massage and Spa Services reported the following
financial records for the months of January to March 2018:

Water expenses ---------------------- P 4,000.00


Soap expense ---------------------- 7,500.00
Massage oil expenses ---------------------- 15,000.00
Light & power expenses ---------------------- 12,000.00
Rent of the Massage parlor ---------------------- 24,000.00
Salary of staff (4 massage workers) -------- 72,000.00
Income received from massage service -------- 115,700.00
Income not yet received from customer -------- 55,000.00
Telephone expenses ------------------------ 7,500.00

You might also like