CALAUAG CENTRAL COLLEGE

Calauag, Quezon

LEARNING PLAN

SUBJECT : Grade 11 ABM Fundamentals of Accountancy, Business and Management 1

TEACHER : Karen Kay N. Leonor
LESSON : Business Transactions and Their Analysis As Applied to the Accounting Cycle
of a Service Business
DURATION : 1 day

STEP 1

CONTENT STANDARD:
The business transactions and their analysis, to include definition and nature of
business transactions, types of source or business documents, and the rules of
debits and credits

PERFORMANCE STANDARD:
identify business and nonbusiness transactions, enumerate the types of business
documents, recite the rules of debit and credit, and apply these to simple cases

STEP 2

ORGANIZING BIG IDEAS:

Analyze the basic business transactions, types and be able to apply the rules of
debit and credit using the T-account in real business situations.

STEP 3

UNDERSTANDING:
The learner are expected to understand the:

Understand the nature of business transactions and be able to apply the basic
rules of debit credit and apply this to real business scenarios.

ESSENTIAL QUESTIONS:
What are the effects of transactions on the accounting the accounting equation
and what are the different transactions in a service type of business?

STEP 4
COMPETENCIES:

describe the nature and gives examples of business transactions

identify the different types of business documents
analyze common business transactions using the rules of debit and credit
solve simple problems and exercises in the analyses of business transaction

STEP 5
ASSESSMENT EVIDENCES:
(Please refer to the attached Unit Assessment Map)
STEP 6
TRANSFER TASK:

Complete the table by analyzing the business transactions.

Classify the effects of a given business transactions on the accounting equation.

STEP 7
TRANSFER TASK STANDARD RELATED TO UNDERSTANDING:
1. Explain the effects of business transactions to the assets, liabilities and capital.

TRANSFER TASK STANDARD RELATED TO KNOWLEDGE / SKILL:

1. Demonstrate the ability to illustrate the effects on the accounting equation and
balance it the liabilities and capital by accomplishing the given worksheet.

STEP 9
LEARNING PLAN

A. EXPLORE
1. The class will be divided into 3 and will be asked to analyze the business transactions
on the board.

2. They will have to put the effects of the transaction by putting + (increase), - (decrease)
or NC (No change).

B. FIRM UP

Each group will give their brief explanation why the effects are such (+, -, NC) on the
asset, liabilities and capital.

C. DEEPEN

Each member of the group are expected to explain at least one business transaction.

D. TRANSFER

Balance the equation using the T-account.