LEARNING OUTCOME NO.

2
Analyze Documents
Contents:
1. Types of Business Documents.
2. Account Title Selection.

Assessment Criteria
1. Documents are gathered, checked and verified in accordance with verification
and validation processes.
2. Account titles are selected in accordance with standard selection processes.
Conditions
The trainees must be provided with the following:
1. Learning materials
However, the trainees must provide the following:
2. Calculator
3. Paper
4. Writing materials (ballpen, pencil)
5. Eraser
6. Sample Business Documents
Assessment Method:
1. Written test
2. Practical/performance test
3. Interview

LEARNING OUTCOME NO. 3

Prepare Journal Entry
Contents:
1. Generally Accepted Accounting Principles
2. Accounting Equation
3. Journalizing of Partnerships account titles
Assessment Criteria
1. Journal entries are prepared in accordance with generally accepted accounting
principles.
2. Debit and credit account titles are determined in accordance with chart of
accounts.
3. Explanation to journal entry is prepared in accordance with the nature of
transaction.
Conditions
The trainees must be provided with the following:
1. Learning materials
2. Philippine Financial Reporting Standards
However, the trainees must provide the following:
1. Calculator
2. Journal Paper
3. Writing materials (ballpen, pencil)
4. Eraser

Assessment Method:
1. Written test

2. Practical/performance test
3. Interview
4. Practical Exercises
(Partnership)

LEARNING OUTCOME NO. 1

Prepare Chart of Accounts
Contents:
1.
2.
3.
4.
5.

Definition and functions of Bookkeeping and Accounting.

Types of business organization
Types of business activities
Basic Accounting Equation
Basic Financial Statement

Assessment Criteria
1. List of asset, liability, equity, income, and expense account titles are prepared in
accordance with Generally Accepted Accounting Principles.
2. Chart of Accounts is coded according to industry practice.
Conditions
The trainees must be provided with the following:
1. Learning materials
However, the trainees must provide the following:
2. Calculator
3. Paper
4. Writing materials (ballpen, pencil)
5. Eraser
Assessment Method:

1. Written test
2. Practical/performance test
3. Interview

LEARNING OUTCOME NO. 2

Analyze Documents
Contents:
1. Types of Business Documents.
2. Account Title Selection.

Assessment Criteria
1. Documents are gathered, checked and verified in accordance with verification
and validation processes.
2. Account titles are selected in accordance with standard selection processes.
Conditions
The trainees must be provided with the following:
1. Learning materials
However, the trainees must provide the following:
2. Calculator
3. Paper
4. Writing materials (ballpen, pencil)
5. Eraser
6. Sample Business Documents
Assessment Method:
1. Written test
2. Practical/performance test
3. Interview