DEMO math FINAL Senior high school .pptx

Senior high Demo

1. P RAYER

2. GOOD MORNING!

3. This Photo by Unknown Author is licensed under CC BY-ND

4. REMINDERS: NO CELLPHONES ALLOWED DURING CLASSES NO UNNECESSARY NOISES AND; PLEAS LISTEN ATTENTIVELY

5. Fundamentals of Accountancy, Business and Management 1

6. Finding the Unknown Activity 1 Directions: Find the missing number with the given equation . A=B+C 1 . A= ? 2. A= 8,000 3. A= 900,000 B= 100 B= ? B= 300,000 C= 400 C= 6,000 C= ?

7. Finding the Unknown Activity 1 Directions: Find the missing number with the given equation . A=B+C 1 . A= ? 2. A= 8,000 3. A= 900,000 B= 100 B= ? B= 300,000 C= 400 C= 6,000 C= ? A=B+C 2. A=B+C 3. A=B+C A=B+C B=A-C C=A-C A=100+400 B=8,000-6,000 C= 900,000-300,000 A=500 B=2,000

8. ACCOUNTING EQUATION

9. ACCOUNTING EQUATION

10. At the end of the lesson, you will be able to: 1. Define accounting equation 2. llustrate accounting equation 3. Perform operations involving simple cases with the use of accounting equation 4. Appreciate application of accounting in daily lives

11. Directions:The pictures are examples of equations. Identify what equation each represents . Activity 2. IDENTIFY ME!

12. CHEMICAL EQUATION MATHEMATICAL EQUATION

13. ACCOUNTING EQUATION TOTAL VALUE OF ASSETS OF A BUSINESS THAT IS ALWAYS EQUAL TO ITS LIABILITIES PLUS OWNER’S EQUITY ASSET = LIABILITIES + OWNER’S EQUITY

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17. ASSETS LIABILITIES OWNER’S EQUITY RESOURCES owned by a business (will generate income/profit in the future INVESTMENT OF AN OWNER IN THE BUSINESS (Capital/Income+ ,Expense-, Withdrawals) ( CREW) OE=A-L FINANCIAL OBLIGATIONS/DEBTS of a business WHAT IS ACCOUNTING EQUATION?

18. COMPLETE ME Activity 3 Directions: Find the missing values. . SITUATION ASSETS LIABILITIES OWNER’S EQUITY or OWNER’S CAPITAL 1 100,000 30,000 ? 2 ? 50,000 200,000 3 1,500,000 ? 1,000,000 4 800,000 ? 700,000 5 ? 1,500,000 8,500,000

19. COMPLETE ME Activity 2 Directions: Find the missing values. . SITUATION ASSETS LIABILITIES OWNER’S EQUITY or OWNER’S CAPITAL 1 100,000 30,000 K 70,000 ? 2 250,000 50,000 200,000 3 1,500,000 500,000 1,000,000 4 800,000 100,000 700,000 5 10,000,000 1,500,000 8,500,000

20. ACTIVITY 5: LET’S MOVE FORWARD!

21. HOW ACCOUNTING EQUATION WORKS? The left side is referred to as “The Debit Side” The right side is referred to as “The Credit Side” The equation must always be in balance THREE IMPORTANT THINGS TO REMEMBER

22. THE TWO SIDES OF THE EQUATION The Debit Side:  The left side of the equation consists of assets The Credit Side:  The right side of the equation consists of Liabilities and Owners Equity . Remember, the equation must ALWAYS balance.

23. . EXAMPLE 1 Mr. Rox invested P 500,000.00 cash in his business.

24. . EXAMPLE 1 1. Mr. Rox invested P 500,000.00 cash in his business. Assets = Liabilities + Owner’s Equity 500,000 = 0 + 500,000.00 500,000=500,000

25. Examples 2 After making cupcakes in your Grandma’s kitchen your whole life, you decide to open a bakery. You made withdrawal of P100,000.00 from your savings to start your business. ASSETS= LIABILITIES + OWNER’S EQUITY

26. Examples 2 ANSWER After making cupcakes in your Grandma’s kitchen your whole life, you decide to open a bakery. You made withdrawal of P100,000.00 from your savings to start your business. ASSETS= LIABILITIES + OWNER’S EQUITY 0= 0 + 0 P100, 000.00= 0 + P100,000.00

27. Activity 7 Analyze Me ! 1. Mr. Pacs invests cash of P 50,000. 2. Purchased office equipment for P25,000.00 3. Purchase P 5,000.00 supplies on credit/account. 4. Mr. Pacs withdrew P2,500 cash 5. Paid staff salary of P1,500.00 6. Received P10,000.00 for work completed

28. People already subconsciously implement  accounting  concepts in their daily lives, such as planning and managing expenses. Where and how our money is being spent can be monitored. To set a budget properly, you need to analyze your income and expenses carefully. Once you’ve done that, you can see how those numbers align with your financial goals. .

29. EXIT TICKET Activity 6 Have you learned so much from this lesson? What are the things that you learned today? What are the things you found interesting? What question do you have? .

30. Multiple Choice: Encircle the letter of the best answer. (align in the objective) ANSWER ME CORRECTLY Activity 7 .

31. Activity 7 Analyze Me ! 1. What is the correct formula for the Accounting Equation? a) Assets = Liabilities – Owner’s Equity b) Assets = Liabilities + Owner’s Equity c) Liabilities = Assets + Owner’s Equity d) Owner’s Equity = Assets + Liabilities

32. Activity 7 Analyze Me ! 2 . The Accounting Equation is based on which of the following systems? a) Triple-entry system of accounting b) Single-entry system of accounting c) Double-entry system of accounting d) None of the above

33. Activity 7 Analyze Me ! 3 . A business has a total assets of 100,000 and total liabilities of 30,000.00. How much is the total equity? a) 70,000 b) 50,000 c) 130,000 d) 100,000