Archive for June, 2012

Class Nazareth Week 3

I. Westminster Shorter Catechism

   Q#1 What is the chief end of man?

   Ans. Man’s chief end is to glorify God and enjoy him forever.

II. Memory Verse: 2Timothy 3:14-17

III. Value of Spiritual Discipline

     1. Prayer

     2. Devotion / Quiet Time

     3. Meditation

     4. Reading and Studying the Bible

     5. Worship

 

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MGCNewLife Berean’s blog

Go to consumersmath.wordpress.com for your notes

Back… Where I Belong!!!

“Can I still teach?” “Do I still have the ‘it’?” “Can I handle the students?” thoughts bugging me this morning. 

On the way to school was just like any ordinary traveling routine (45 mins). Arriving the gates of the school, seeing students arriving, realization seeks in… “This is it. Today is the day!”

From “Good Morning, Pastor!” for the past eight years to “Good Morning, Mr. Ang!” (again). I just got the feeling of the past. But no more canteen, no more Manang and no more Lita to meet me with my breakfast (I miss them all). But yet, the feeling got back to me and said… “I am back!”

In the faculty room, co-workers ask, “How’s your first day?” I can’t find a word to describe it… just uttered… “Ok naman… with a smile :)” But deep inside, I was shouting, “I’m Back, this is Where I Belong.” 

Now, just got home… excited for tomorrow’s class.

Excited going to MGC New Life this morning; excited yet again to go tomorrow. What can I say? Students are great. Co-workers are awesome. God is magnificent!

Soli Deo Gloria!

Consumers Math Definition of Terms

Cash Budget – A plan of the use of one’s money
Cash Book – Actual records of daily expenditures
Inventory – a complete and detailed list of articles
Beginning Inventory – The goods on hand at the start of business
Purchases – Act of buying
Profit – The gain from a business
Gross – Whole, total
Net – Remaining amount after deductions
Sales – Total volume of selling
Operating expenses – Expenses incurred in the process of disposing of the goods bought such as rentals, taxes, wages, etc.
Cost of goods sold – It includes not only the actual amount paid for the goods but other expenses like transportation or freight charges.

Check book – A book of blank checks on a bank usually with record stubs.
Bank Statement – A monthly report sent by a bank to its depositors having a checking account.
Service Charge – A fee charged by a bank to its depositors handling their accounts.
Check – A written order made by a depositor directing his bank to pay a person or a business firm a specified sum of money.
Outstanding checks – A check issued but is still in the possession of the payee.

Cancelled Check – a check to which payment has been made
No Sufficient Funds check – A check issued originally by a person whose accounts cannot cover the value of the check.
Reconciling the bank balance – The process of bringing the checkbook balance and the bank statement balance into agreement with each other.
Deposit in transit – Deposits made too late to be included in the bank statement.
Salary – It refers to a fixed compensation for regular work and often paid at longer intervals.
Wages – It is an amount paid for a certain work usually on an hourly basis.
Overtime – Excess of regular hours worked.
Reciprocal – When one number is multiplied by another number and their product is one, the first is the reciprocal of the second or vice versa.

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