The Philippine Stock Exchange Inc. is the national stock exchange of the Philippines.  The Philippine Stock Exchange (PSE) is the corporation that governs Philippine local stock market. Listed are name of corporation where you can invest, indicated are the names, par value of the stocks and 52 weeks high and low price.

BANKS and OTHER FINANCIAL INSTITUTION

STOCKS
ASIA UNITED BANK
PAR VALUE: 10.00
HIGH : 60.00
LOW: 45.60

BDO UNIBANK INC
PAR VALUE:10.00
HIGH: 149.00
LOW: 103.40

BANK OF PHILIPPINE ISLANDS
PAR VALUE: 10.00
HIGH: 108.50
LOW: 85.50

CHINABANK
PAR VALUE: 10.00
HIGH: 41.60
LOW: 33.00

EAST WEST BANK
PAR VALUE: 10.00
HIGH: 35.15
LOW: 18.32

METROBANK
PAR VALUE: 20.00
HIGH:96.50
LOW: 69.00

PB BANK
PAR VALUE: 10.00
HIGH: 16.36
LOW: 12.00

PB COM
PAR VALUE:100.00
HIGH: 26.50
LOW:21.20

PHILIPPINE NATIONAL BANK
PAR VALUE:40.00
HIGH:71.00
LOW:53.00

PHILTRUST BANK
PAR VALUE:10.00
HIGH:153.90
LOW:100.00

RCBC
PAR VALUE:10.00
HIGH:66.00
LOW:33.50

SECURITY BANK
PAR VALUE:10.00
HIGH:268.20
LOW:180.40

UNION BANK
PAR VALUE:10.00
HIGH:87.20
LOW:72.00

AG FINANCE
PAR VALUE: 1.00
HIGH: 5.90
LOW: 3.00

BRIGHT KINDLE
PAR VALUE: 0.55
HIGH: 3.24
LOW: 1.05

BDO LEASING
PAR VALUE: 1.00
HIGH: 4.50
LOW: 3.51

COL FINANCIAL
PAR VALUE: 1.00
HIGH: 18.60
LOW: 15.00

FIRST ABACUS
PAR VALUE: 1.00
HIGH: 0.82
LOW: 0.63

FILIPINO FUND
PAR VALUE: 1.00
HIGH: 10.30
LOW: 6.55

IREMIT
PAR VALUE: 1.00
HIGH: 1.92
LOW: 1.60

MEDCO HOLDING
PAR VALUE: 1.00
HIGH: 0.87
LOW: 0.55

NTL REINSURANCE
PAR VALUE: 1.00
HIGH: 1.29
LOW: 0.70

PHIL STOCK EXCHANGE
PAR VALUE: 1.00
HIGH: 265.00
LOW: 228.00

In the formal recording of business transactions and events, it is customary to provide a guide to the accounting assistant or bookkeeper. A chart of account is prepared for the use of accounting staffs. As the accountant prepares two main accounting report, the balance sheet and income statements or statement of business operations then the accounts should be classified in the chart according to the statements wherein they appear. Thus, there are balance sheet accounts and profit and loss accounts.

In preparation of a chart of accounts covers the following: determination of what specific accounts are required and selection of appropriate and descriptive titles for the accounts.

The specific accounts required will depend on the nature of the business. The nature of the business will give an indication of the transactions to be undertaken. After the determination of what accounts are to be used, then the next step will be selection of titles descriptive enough to convey the nature of the account.

Asset titles - examples are cash, accounts receivable, notes receivable, merchandise, supplies on hand, marketable securities, land, buildings, equipment, furniture and fixtures, office equipment and etc.

Liability titles - examples are accounts payable, notes payable, taxes payable, bonds payable and etc.

Proprietorship titles - examples are Owner's capital or equities, owner's drawing etc.

Income titles - examples are sales, revenue, fees, rent income, service income, interest income and etc.

Deduction from income titles - examples are cost of sales of cost of goods sold, salaries, supplies, insurance, taxes, utilities, repairs, and etc.

The Journal
- it is the accounting book wherein the business transactions are recorded for the first time. It is also called the book of original entry. There are various kinds of journal books some are cash journal, sales journal, purchases journal, and the general journal. The number of journals to be used in every business is dictated by the size and needs of the business.