School Pulungmasle High School Grade Level and Section ABM G12

GRADE 12 Fundamentals of
DAILY LESSON LOG Teacher Wilhelmina L. Roman Learning Area Accountancy, Business and
Management 2
Teaching Dates and Time Week 4 June 24-28, 2019 Quarter First

Session 1 Session 2 Session 3 Session 4

Objectives must be met over the week and connected to the curriculum standards. To meet the objectives, necessary procedures must be followed and if needed, additional lessons,
I. OBJECTIVES exercises and remedial activities may be done for developing content knowledge and competencies. These are assessed using Formative Assessment strategies. Valuing objectives support
the learning of content and competencies and enable children to find significance and joy in learning the lessons. Weekly objectives shall be derived from the curriculum guides.
The learners shall be able to solve exercises and problems that require The learners demonstrate an understanding of the service income
preparation of an SFP for a single proprietorship with proper classification and operating expenses of a service business as well as sales,
A. Content Standards of accounts as current and noncurrent using report form and the account contra sales, purchases, contra purchase accounts, cost of goods
form sold and general administrative and selling expenses of a
merchandising business that will equip him / her in the preparation
of the SCI for both service and merchandising businesses.
The learners shall be able to solve exercises and problems that require The learners shall be able to solve exercises and problems that
preparation of an SFP for a single proprietorship with proper classification require preparation of SCI for a service business and a
B. Performance Standards merchandising business.
of accounts as current and noncurrent using report form and the account
form
Prepare the SFP using the report The learners identify the
The learners identify the elements
elements of the SCI and
C. Learning Competencies/ Prepare the SFP of a single form and the account form with of the SCI and describe each of
describe each of these items
Objectives (Write the LC proprietorship proper classification of items as these items for a service business
for a service business and a
Code) ABM_FABM12-Ia-b-3 current and non-current and a merchandising business.
merchandising business.
ABM_FABM12-Ia-b-4 ABM_FABM12-Ic-d-5
ABM_FABM12-Ic-d-5
Content is what the lesson is all about. It pertains to the subject matter that the teacher aims to teach. In the CG, the content can be tackled in a week or two.
II. CONTENT Statement of Comprehensive Statement of Comprehensive
Income (SCI) Income (SCI)
III. LEARNING List the materials to be used in different days. Varied sources of materials sustain children’s interest in the lesson and in the learning. Ensure that there is a mix of concrete and manipulative
RESOURCES materials as well as paper-based materials. Hands-on learning promotes concept development.

A. References
1. Teacher’s Guide pages
2. Learner’s Material
pages
3. Textbook pages Fundamentals of Accountancy, Fundamentals of Accountancy, Fundamentals of Accountancy, Business, Fundamentals of Accountancy,
 Business, and Management 2 (Dani Business, and Management 2 (Dani and Management 2 (Dani Rose C. Salazar) Business, and Management 2 (Dani
Rose C. Salazar) Rose C. Salazar) Rose C. Salazar)
4. Additional Materials Fundamentals of Accountancy Fundamentals of Accountancy Fundamentals of Accountancy Fundamentals of Accountancy
from Learning Resource Business and Management 2 Business and Management 2 Business and Management 2 Business and Management 2
portal (Flocer Lao Ong) (Flocer Lao Ong) (Flocer Lao Ong) (Flocer Lao Ong)
Strategy: Strategy: Strategy: Strategy:
Simulation Activity - doing an Guessing Game - guess the logo Powerpointt Presentation -
Reporting - individual report of
actual/real income statement of businesses lesson discussion
students as scheduled
Reporting - individual report of Reporting - individual report of
Case analysis- applying the
students as scheduled students as scheduled
B. Other Learning Video Presentation - applying
lesson to real life story
Powerpointt Presentation - lesson Reporting - individual report
Resources the lesson to real life story
IMs used: discussion of students as scheduled
IMs used: 1.Star Chips for correct answers IMs used: IMs used:
1. Star Chips for correct answers and class participation 1.Star Chips for correct answers and 1.Star Chips for correct answers
and class participation 2.Illustration Boards class participation and class participation
2.Meta Cards 3. Worksheets 2. Meta Cards 2. Worksheets
These steps should be done across the week. Spread out the activities appropriately so that the students will learn well. Always be guided by demonstration of learning by the students which
IV. PROCEDURES you can infer from formative assessment activities. Sustain learning systematically by providing students with multiple ways to learn new things, practice their learning, question their learning
processes and draw conclusions about what they learned in relation to their life experiences and previous knowledge. Indicate the time allotment for each step.
Check the learners’ assignment Review learners on the definition Review of the past lesson. Review of the past lesson.
yesterday with regards to of SFP and its impact in Discussion of the assignment
A. Reviewing previous statement of financial position business as well as the given.
lesson or presenting a new -Teacher will discuss internal/external users (Watch the movie “He
lesson students’queries on yesterday’s Billionaire”)
assignment (The man I want to become)
Teacher reiterate to learners the Teacher shows the importance Ask a volunteer students to The learners will be able to
importance of mastery in of SFP in terms of interpreting differentiate service & mdse identify and describe the
classification elements in SFP the business financial status. business.Acknowledge his/her elements of the SCI of a
and its role in management initiative and say Very Good. merchandising business.
accounting SFP must be well-presented
B. Establishing a purpose
wherein its users will have the
for the lesson Motivation: Guessing Game Motivation: Short Video
-Discuss how a company can convenience and ease to use the What is the Business? Students on “Usapang Pera”
have so much assets but still financial statements in terms of
shall guess the field of business
have a very low equity. With the users’ decision making and
of the company logos flashed
preparation of SFP, the owner of determining the important data
the business can easily about the business entity. on the screen.
 determine the asset, liabilities Other Subject Integration: ICT Integration: ICT Integration:
and equity balances at a given 1. Personal Devt.-attitude of Powerpoint Presentation
point of time. being successful Video Presentation: Male and of the lesson
2. Org Man. - importance of female jobs
-Discuss that without SFP, the proper management
company or the business owner 3. Math-application of the Powerpoint Presentation of
cannot be able to know the basic operations the lesson
status of his/her financial position
especially in times of bankruptcy
wherein liabilities are paid first.
Give an example in Philippine Show learners the two example Gender & Devt;.:The teacher Guess the Logo: Students shall
guess the name the companies by
setting wherein there is a formats of Statement of Financial will show a video that stresses showing the logos.
bankruptcy in terms of financial Position female and male already share
position. 1. Account Form – which job that are previously for the Other Subject Integration:
(or a bankrupt company within follows the accounting male or female sexes only. 6. Personal Devt.-concept
the vicinity) equation where assets of determination in case of
-Ask learner what are the factors are listed on the left Other Subject Integration: bankruptc y
which may affect the bankruptcy. hand column of the 1. Personal Devt.-respect for 7. Math-applying the basic
-Ask learners about the sari-sari report with the liabilities LGBT operations in Math.
stores within the communityor and owner’s equity listed 2. Math-calculating profit of
C. Presenting
who among the learners have on the right-hand parlorist/barber & other jobs
examples/instances of the
new lesson
their own sari sari stores in their columns
homes. 2. Report Form- which
-How can an owner of a sari-sari shows in one straight
store simply prepare its SFP on column the assets,
its operations? followed by liabilities and
Other Subject Integration: owner’s equity.
4. Personal Devt.-concept of
thrift and patience as well as
pakikisama
5. Math-calculating profit of
sari sari store
 ICT Integration:The teacher ICT Integration:The teacher ICT Integration:The teacher ICT Integration:The
shall discuss the lesson using shall discuss the lesson using shall discuss the lesson using teacher shall discuss the
powerpoint presentation. powerpoint presentation. powerpoint presentation. lesson using powerpoint
presentation.
Check the learners’ assignment Review learners on the definition The teacher will discuss the
yesterday with regards to of SFP and its impact in concept of an Income
statement of financial position business as well as the Statement.
-Teacher will discuss internal/external users Its definition and components
students’queries on yesterday’s like:
assignment Income Statement-shows the
D. Discussing new concepts Learners will have a short
and practicing new skills #1 results of operation for a give
recitation wherein they will
period.
identify the parts of SFP and its
elements.
1. Revenue / Sales
Sample questions: 2. Expenses
1. Losses due to 3. Cost
uncollectible account 4. Profit
2. Accounts deducted from
the related asset
accounts

Teacher reiterate to learners the Teacher shows the importance The learners will be able to: Group Activity: Students
importance of mastery in of SFP in terms of interpreting shall pick out from the list
classification elements in SFP the business financial status. 1. Distinguish the 2 different revenues/expenses which
and its role in management types of Income statements belong to merchandising
accounting SFP must be well-presented companies only.
E. Discussing new concepts wherein its users will have the 2. identify and describe the
and practicing new skills #2 -Discuss how a company can convenience and ease to use the elements of the SCI of a service
have so much assets but still financial statements in terms of
business.
have a very low equity. With the users’ decision making and
preparation of SFP, the owner of determining the important data
the business can easily about the business entity.
determine the asset, liabilities
 and equity balances at a given Forms of Income Statement:
point of time. 1. Natural Form - AKA nature of
expense method, Single step
-Discuss that without SFP, the method. It presents expenses
company or the business owner according to nature. Used in
cannot be able to know the service business.
status of his/her financial position 2. Functional Form - AKA Cost
especially in times of bankruptcy
of Sales Method since it
wherein liabilities are paid first.
presents expenses according to
function.Used in Merchandising
Business.
Show learners the two example The teacher will present an The students shall present
Give an example in Philippine formats of Statement of Financial example of an Income their output.
setting wherein there is a Position Statement used in real life
bankruptcy in terms of financial 3. Account Form – which situation
position. follows the accounting Alex Bern Spa
(or a bankrupt company within equation where assets Income Statement
For the Year Ended December 31, 2018
the vicinity) are listed on the left Note
hand column of the Service Income P454,000.00

-Ask learner what are the factors report with the liabilities Other Income 1 61,000.00
F. Developing mastery
which may affect the bankruptcy. and owner’s equity listed Expenses
Total Income P515,000.00
(Leads to Formative
Assessment)
on the right-hand Salaries P155,000.00
-Ask learners about the sari-sari columns Rent
Depreciation 2
85,000.00
20,000.00
stores within the communityor 4. Report Form- which Supplies 5,000.00
who among the learners have shows in one straight Insurance
Other Expenses 3
2,000.00
4,000.00
their own sari sari stores in their column the assets, Finance Costs 4 4,000.00
homes. followed by liabilities and Net Income 275,000.00
P240,000.00
owner’s equity.
-How can an owner of a sari-sari
store simply prepare its SFP on
its operations?
G. Finding practical Check the learners’ assignment Review learners on the definition Recitation:
applications of concepts yesterday with regards to of SFP and its impact in Identify the given accounts
and skills in daily living
 statement of financial position business as well as the whether they belong to a
internal/external users service company. HOTS Question:
As an accountant, how are
-Sample questions: HOTS Question: you going to help the
3. Losses due to HOTS Question: government in relation to
uncollectible account How id the SFP affecting each of How important an income income statement
4. Accounts deducted from the external users of accounting statement is to a business preparation?
the related asset information? entity, to internal and external
accounts
users. Is there a room for
5. Represents the expired
cost of PPE as a result subjectivity in the side of the
of usage and passage of accountant?
time
6. Includes the name of the
business, date of SFP
and the type of financial
statement presented
7. Includes goodwill,
patents, copyright,
licenses, franchise

Teacher reiterate to learners the Teacher shows the importance

importance of mastery in of SFP in terms of interpreting
classification elements in SFP the business financial status. Whether it is Natural or Functional, an The teacher shall ask some
and its role in management income statement generally is a statement students to complete the sentences
accounting SFP must be well-presented of the income and expenses of a business flashed on screen.
showing whether it profits or not.
H. Making generalizations wherein its users will have the
and abstractions about the -Discuss how a company can convenience and ease to use the
lesson have so much assets but still financial statements in terms of
have a very low equity. With the users’ decision making and
preparation of SFP, the owner of determining the important data
the business can easily about the business entity.
determine the asset, liabilities
and equity balances at a given
 point of time.

-Discuss that without SFP, the

company or the business owner
cannot be able to know the
status of his/her financial position
especially in times of bankruptcy
wherein liabilities are paid first.

Show learners the two example Short Quiz: Identify

Give an example in Philippine formats of Statement of Financial Activity #1 whether the given
setting wherein there is a Position The following are accounts taken from the
revenues/expenses belong
books of Dunong Consultancy Services for
bankruptcy in terms of financial 5. Account Form – which the month of July. Prepare an income to a service/merchandise
position. follows the accounting statement from the given data. company.
(or a bankrupt company within equation where assets
the vicinity) are listed on the left Consultancy Fees P200,000
Other Income 10,000
hand column of the Salarie Expense 25,000
-Ask learner what are the factors report with the liabilities Rent Expense 20,000
which may affect the bankruptcy. and owner’s equity listed Utilities Expense 10,000
Depreciation Expense 3,000
on the right-hand
Bad Debts Expense 1,000
-Ask learners about the sari-sari columns
I. Evaluating learning
stores within the communityor 6. Report Form- which
who among the learners have shows in one straight
their own sari sari stores in their column the assets,
homes. followed by liabilities and
owner’s equity.
-How can an owner of a sari-sari
store simply prepare its SFP on
its operations?

-Discuss instances of small

businesses wherein there are
lapses in preparing SFP
 -Ask learners how this lapses
can give negative outcome for
the business.
-Teacher continue stating the
importance of SFP
V. REMARKS
VI. REFLECTION
A. No. of learners who earned 80% on
the formative assessment

B. No. of learners who require

additional activities for remediation

C. Did the remedial lessons work? No.

of students who caught up with the
lesson
D. No. of learners who continue to
require remediation

E. Which of my teaching strategies

work well? Why did these work?
F. What difficulties did I encounter
which my principal or supervisor help
me solve?
G. What innovation or localized
materials did I use/discover which I
wish to share with other teachers?

Prepared by: Checked by:

Wilhelmina L. Roman Jaypee S. Lapira

Subject Teacher SHS Focal Person