INSTRUCTIONAL MODULES IN

PARTNERSHIP AND CORPORATION

OAPE2

First Semester A.Y. 2022-2023

Credit Units: 3 Units
Number of Hours: 3 hrs. LEC

JOSEPH JAMES A. OLAVIDES

BOHOL ISLAND STATE UNIVERSITY – CANDIJAY CAMPUS
 OAPE2 - PARTNERSHIP AND CORPORATION

Course Outline

PART I THE PARTNERSHIP

Module 1 Accounting Cycle Application – Review on Sole Proprietorship Process
Module 2 Partnership Basic Consideration
Module 3 Partnership Formation
Module 4 Partnership Operation and Distribution of Profit
Module 5 Dissolution of A Partnership
Module 6 Liquidation of a Partnership
Module 7 Course Evaluation

PART II THE CORPORATION

Module 8 The Nature and the Laws on the Formation of a Corporation
Module 9 Accounting for the Issuance of Shares of Stock
Module 10 Accounting for Retained Earnings and Distribution of Profits
Module 11 Course Evaluation
MODULE 1: Accounting Cycle Application – Review on Sole Proprietorship
Process
Learning Objectives:

At the end of this module, the students are expected to:

1. Administer the journalizing process of a Sole Proprietorship transactions.
2. Calculate and classify the account titles in the ledger account
3. Generate the financial statements, i.e. the Balance Sheet and P&L Statements

Introduction:

a. Video Tutorial for Account Titles in Filipino. Just visit the links below:

Part I - https://www.youtube.com/watch?v=08V78dfzalo
Part II - https://www.youtube.com/watch?v=7UVF27ABtoU

b. Video Tutorial on Journalizing Entries

https://www.youtube.com/watch?v=vOGuOpkpBW8

c. Video Tutorial on Footing in the Ledger

https://www.youtube.com/watch?v=BFli545A4Jg

d. Video Tutorial for Preparing the Trial Balance

https://www.youtube.com/watch?v=l_UfmkmlzUM

e. Video Tutorial in Preparing the Basic Financial Statements

Income Statement - https://www.youtube.com/watch?v=DZKATCo-NSg

Balance Sheet - https://www.youtube.com/watch?v=DzB2Rp1noYo