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Vocabulary
Association Game
Translation Flip Card
Cultural
Scenario
Other Language and Cultural Notes
Business Related Modules
Philippine Economics
Philippine Government
Business Lessons
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Philippine Currency
Under the American Regime
DID YOU KNOW…
...that a standardized value for the
Philippine currency was begun only during the American regime? In 1903, the
United States Congress passed two laws that established a gold standard unit
for the Philippine Islands, and an automatic gold exchange standard intended
to maintain the parity of the silver peso with the gold standard peso. With
the passage of these laws, the Philippine currency was officially pegged to
the gold exchange standard. Philippine money had different names under
different regimes. Under Spain, Philippine currency was collectively called
pesos fuertes,
the Spanish term for "strong pesos." Under the American regime, Philippine
money was called "Philippine Currency," although it was more popularly
called "Peso Conant," after Charles Conant, the man who suggested its
introduction.
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- account balance - halagang natitira
- to accrue - maparagdag, maragdagan
- annual - sa isang taon
- annual report - pang-isang taon ulat
- auditing - pagsusuri ng kuwenta
- automated - otomatic
- to balance - balansehin
- bookkeeping - bukkiping
- balanced - balanse
- to cancel - kaltasin, kanselahin,
pawalang bisa
- to carry-over - ipagpatuloy, matangay
sa susunod na....
- charge - papagbayarin, singilin
- to classify - pagbukudbukurin
- to close - isara
- credit - utang
- debit - pagkakarga ng utang
- debit entry - pumasok na
utang
- double entry - dobleng pagpasok
- engagement - kompromiso, tipanan,
kapangakuan
- entering in the books - pagsulat sa
libreta
- to falsify - magsinungaling
- fiscal - piskal
- funds statement - ulat ng mga balanse
- income statement - ulat ng mga kita
- internal controls - panloob na
pamamahala
- journal - talaarawan
- journal entry - arawang tala
- to keep up to date - pag-uulat ng mga
pangyayari
- ledger - ledger
- omission - nakaligtaan
- to open - buksan
- opening
- bukas
- to post - pagbabala
- principle - prinsipiyo
- quarter - ikaapat na bahagi
- to reverse - baligtarin
- segregation of duties - paghiwahiwalay
ng mga gawain
- semester - semestre
-
standardization - pagsasaayos ng mga pamantayan
- to transfer - paglipat
- evaluation techniques - paraan ng
kahalagahan
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