FABM 2 Income Statement

​Find a mirror in your house.

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​Take a selfie with you holding the mirror or in front of the mirror

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​Upload it in the padlet. Link will be sent to the chat box.

"If you're searching for that one person​ who will change your life, take a look at the mirror."

Ready ka ba?

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What is your family's source of income? Discuss it in the padlet.

a.k.a The Income Statement

Analyze the 2019 Audited Consolidated Financial Statements of the Jollibee Foods Corporation. In the section Consolidated Statement of Statement of Comprehensive Income, study carefully each account titles under the category:

1.  Revenues

2.        Expenses

●     Explain the nature and uses of  each account title.

●       Link for the JFC Stament of Financial Position:​

1. ​Analyze each account titles inside the box

2. Categorize each whether they are included in the SCI or not.

3. Explain briefly as to the nature and uses of that account particular title.

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1. Find a sari-sari store or a small business in your barangay. 

2. Interview the owner about how they are able to compute their daily income.

3. Record your interview and shortly explain the owner's answer.