CODE NO.

500311109
500311110
500311111
500311112
500311113
500311114

HCS315202
HCS311201
HCS913201
HCS913202

HCS412301

HCS412302
HCS412303
HCS412304

HCS412305

BASIC COMPETENCIES

MODULE TITLE

Lead workplace communication

Lead small team
Develop and practice negotiation skills
Solve problems related to work activities
Use mathematical concepts and techniques
Use relevant technologies
COMMON COMPETENCIES

Leading workplace communication

Leading small team
Developing and practicing negotiatio
Identifying/ determining fundamenta
Using mathematical concepts and te
Using relevant technologies

Apply quality standards

Perform computer operations
Maintain an effective relationship with clients and
customers
Manage own performance
CORE COMPETENCIES

Applying quality standards

Performing computer operations

Journalize transactions

Post transactions
Prepare trial balance
Prepare financial reports

Review internal control system

Maintaining client relations

Managing own performance

Journalizing transactions for single pr

Journalizing transactions for partners
Journalizing transactions for corporat
Posting transactions
Preparing trial balance
Preparing financial reports for single
Preparing financial reports for partne
Preparing financial reports for corpor
Reviewing internal control system

rkplace communication

and practicing negotiation skills

determining fundamental cause of problem
ematical concepts and techniques
ant technologies

uality standards
computer operations

client relations
wn performance

transactions for single proprietorship

transactions for partnership
transactions for corporation
nsactions
rial balance
nancial reports for single proprietorship
nancial reports for partnership
nancial reports for corporation
nternal control system

UNIT OF COMPETENCY
MODULE TITLE

PREPARE TRIAL BALANCE

PREPARING TRIAL BALANCE

MODULE DESCRIPTOR

This module covers the knowledge, skills, and attitudes in preparing t

NOMINAL DURATION

16 hours

SUMMARY OF LEARNING OUTCOMES

Upon completion of this module the students/ trainees will be able to:
LO1.

List account titles and transfer balances from the ledger

LO2.

Summarize trial balance

d attitudes in preparing trial balance for all types of business organizations.

LO1.

LIST ACCOUNT TITLES & TRANSFER BALANCES FROM THE LEDGER

ASSESSMENT CRITERIA:
1 Asset, liability, and equity account titles are listed in accordance with Chart of Accounts
2 Income and expense account titles are listed in accordance with Chart of Accounts
CONTENTS:
Listing of Account Titles_x000D_
Transfer of Balances
CONDITIONS:
The students/trainees must be provided with the following:
Learning Materials
Eraser
Ledger_x0 Paper

Calculator_x000D_
Pencil_x000D_
Worksheet_x000D_

00D_
Ruler
METHODOLOGIES:
Group discussion_x000D_
Lecture_x
000D_
Interaction
Practical exercises
ASSESSMENT METHODS:
Written test_x000D_
Practical/performance test
LO2.

SUMMARIZE TRIAL BALANCE

ASSESSMENT CRITERIA:
1 Debit columns and Credit columns are totaled with 100% accuracy
2 Total Debit & Credit columns are checked & should be equal.
CONTENTS:
Adding Debit & Credit Columns_x000D_
Checking Totals of Debit & Credit Columns
CONDITIONS:
The students/trainees must be provided with the following:

Calculator_x000D_
Paper
Learning Materials_x000D_
Pencil
Eraser_x000D_
Worksheet
_x000D_

METHODOLOGIES
Group discussion_x000D_
Lecture_x000D_
Interaction
Practical exercises
ASSESSMENT METHODS
Written test_x000D_
_x000D_
Practical/performance test

ith Chart of Accounts

hart of Accounts

LEARNING EXPERIENCE
LEARNING OUTCOME NO. 3
PREPARE TRIAL BALANCE

Learning Activities

Special Instructions

Information Sheet _______

PREPARE TRIAL BALANCE
Learning Objectives:
After reading this INFORMATION SHEET, YOU MUST be able to:
Listing of account titles
1
Transfer of balances
2

TABLE OF SPECIFICATIONS

Objectives/Content area/Topics

Listing of Account Titles_x000D_

Transfer of Balances

TOTAL

Knowledge

PECIFICATIONS

Comprehension

Application

# of items/
% of test

SELF-CHECK
INDENTIFICATION: IDENTIFY THE FOLLOWING ITEMS BASED ON INFORMATION SHEET NO.
1 A list and total of all the debit and credit accounts for an entity for a given period usually a month.
2 What does a trial balance ensure?
3 Trial balance column where Assets are placed.
4 Column where negative balance of liability is placed.
5 Next step in the accounting process after Trial balance.

SHEET NO.

riod usually a month.

ANSWER KEY
1 Trial balance
2 Debits equals the credits
3 Debit
4 Credit
5 Preparation of Financial Statements