Scribd
Upload
38 views2 pages

Reviewer For Accounting

Jodessah's Eatery is a sole proprietorship owned by Jocelyn and Demetrio Bacud that has been operating for 6 years. It started with an initial capital of 20,000 pesos. The eatery's primary suppliers are a sister who supplies chicken and a friend who supplies vegetables from Don Domingo Market. Customers include employees of nearby grocery stores. Income and expenses are tracked by listing payments and costs, and books of accounts are maintained by the owners.

Uploaded by

Annie Rapanut
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
38 views2 pages

Reviewer For Accounting

Jodessah's Eatery is a sole proprietorship owned by Jocelyn and Demetrio Bacud that has been operating for 6 years. It started with an initial capital of 20,000 pesos. The eatery's primary suppliers are a sister who supplies chicken and a friend who supplies vegetables from Don Domingo Market. Customers include employees of nearby grocery stores. Income and expenses are tracked by listing payments and costs, and books of accounts are maintained by the owners.

Uploaded by

Annie Rapanut
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 2

Guide questions

a. What is the name of the business?


-Jodessah’s Eatery
b.   Who is/are the primary owners?
- Jocelyn Bacud and Demetrio Bacud
     c.  What type of organization is your business (sole proprietorship or partnership)?
- Sole proprietorship
     d. Is your business registered with the barangay or the Dept of Trade and Industry?
- Yes
     e. How long have you been in the business?
- Our first business is being a retailer and at the same time whole seller of
Baguio vegetables and also sari sari store we spent 20 years in that kind of
business while 6 years in our Eatery.
     f. How much was your initial capitalization?
- 20,000
     g. Who are your primary suppliers and customers?
- Our meat is fresh from slaughter area and our chicken is from the sister of my
husband who is a whole seller of fresh chicken. Our vegetables is being
delivered by my friend who is a whole seller at don domingo market. Our
customers are those who works at savemore, marathon grocery, Robinsons,
puregold, etc.
     h. How do you keep track of your income and expenses?
- We keep track our income by listing down all the payments of our customers
and also our expenses.
     i. Do you maintain books of accounts?
- Yes
     j. Who does the recording?
- My husband and I
k. Why do you want to work in the restaurant industry

-if I’m going to compare our past business from our recent it is more profitable.

You might also like