UNIVERSITY OF SAN CARLOS School of Business and Economics Department of Accountancy

Student Trainees Daily Journal

Name of Student Trainee: MARLOU PAIGE M. CORTES Course: Bachelor of Science in Accountancy Faculty Adviser: Atty. Darlon Serenio, CPA Name of Company/Institution/Organization: April 8 12, 2013 BRIGHT STARS INDUSTRIES, INC. Assigned: ACCOUNTING No. of Hours: 32 hrs.

Name of Supervisor: Laylyn De Amor M. DoblasArea Period Covered:

Date April 2, 2013

What I Did (Activities) Posting of Expenses to their respective Account Envelopes

What Did I Learn? What I did was very basic for I was only posting transactions incurred from different periods. But the account envelope was kind of new to me, although it has the same format with that of a ledger, but it was in an envelope form. The task given was not that really hard for I am already familiar with journalizing.

Deficiency/ Concerns

April 3, 2013

Continued posting of Expenses to their respective Account Envelopes

Finished posting transactions incurred.

April 4, 2013

Sorting of Vouchers

After posting all transactions incurred of different periods from different companies, I sorted the vouchers according to the payer.

April 5, 2013

Tracing of Expenses

Compared the official receipts of the expenses incurred from that of the expense form. I learned to be very careful in checking the completeness of the expense form for it is very vital for the total amount of the official receipts coincides with the record of expenses.

Reflections for the Week: First week of my training was already very hectic. I felt the pressure of catching up a deadline but I have learned to love accounting because of it. I had fun journalizing, sorting and tracing of expenses despite that it involves too much paper works.

Time Budget Week No. 1 2 3 4 5 6 7 8 9 10 Total No. of Hours Actual 32 Budget 40 Variance 8

Date Covered April 2-5

Remarks