Lucsuhin National High School

Integrated Senior High School

DAILY LESSON PLAN

SUBJECT AREA : Fundamentals of Accountancy, Business

Management
SEMESTER : Second Semester – First Quarter
TIME : 60 Minutes
DAY : Friday
DATE : July 14, 2017

I. Content Standard The learners demonstrate an understanding of …

the accounting equation
The learners shall be able
II. Performance Standard
solve problems applying the accounting equation

1. illustrate the accounting equation

III. Learning ABM_FABM11- IIIb-c-17
2. perform operations involving simple cases with the use of accounting
Competencies/Objectives
equation
ABM_FABM11- IIIb-c-18

IV. SUBJECT MATTER Types Major of Accounts

V. LEARNING RESOURCES
A. References DepEd
Grade 12- FABM Teacher’s Guide
Curriculum Guide

Wild, J. (2009). Principles of Accounting 19th ed. McGraw Hill

B. Other Learning Publishing Haddock, M., Price, J., & Farina, M. (2012). College
Resources
Accounting: A Contemporary Approach, 2nd ed. New York: McGraw-
Hill/Irvin Valencia, E.G.& Roxas, G.F. (2010).

Basic Accounting 3rd ed., Mandaluyong City, Philippines: Valencia

Educational Supply
VI. PROCEDURE
 A. PRIMING ACTIVITIES: (5)
B. Prayer / Greetings / Classroom management instructions
C. Checking of Attendance
D. Review the types of business organizations
Accounting Principle
E. MOTIVATION (10 mins)
Connect to a real life situation.
1. Place the accounting equation at the board.
2. Ask the learners for ten examples of business transactions 3. Prove
that for every transaction the accounting equation should always
balance
ACTIVITY 35 minutes (July 11, 2017)
Concept check.
Use the following question set for practice.
For each transaction, tell whether the assets, liabilities and equity will
increase (I), decrease (D) or is not affected (NE.
Analysis

When the asset increase the equity increase

When the asset decrease the liabilities increase

Abstraction

• Give them an overview regarding the accounting equation

• That the accounting equation is Assets = Liabilities + Equity
• That for every transaction, the accounting equation should always be
balanced.
• That Assets are resources owned by the business. Ask them to
enumerate or give an example of Assets
• That Liabilities are obligations by the business. Ask them to
enumerate or give an example of Liabilities
• Explain that Equity is the residual interest of the owner of the
business. Meaning, any assets left after paying liabilities is the right of
the owner of the business.
• Explain that there are four elements that affect equity: (1) Investment;
(2) Withdrawal; (3) Revenue, and; (4) Expenses.
PRACTICE (25 MINUTES) Concept check. Use the following question set for
practice. (THURSDAY JULY 13, 2017)
VII. APPLICATION
For each transaction, tell whether the assets, liabilities and equity will increase
(I), decrease (D) or is not affected (NE).
Provide local examples. Use the activity below. Instead of giving the
VIII. ASSESSMENT transaction, the activity below is in reverse. Let them describe the given
transaction.
Give the following questions as their assignment
IX. AGREEMENT / Jerome Garcia started a new business and completed these transactions during
ASSIGNMENT August: See Activity Sheet)

X. REMARKS
 A. No. of learners who
earned 80% on the
formative assessment
No. of learners who require
additional activities for
remediation
B. Did the remedial lessons
work? No. of learners who
have caught up with the
lesson
C. No. of learners who
continue to require
remediation
D. Which of my teaching
strategies worked well?
Why did these work?
E. What difficulties did I
encounter which my
principal or supervisor can
help me solve?
F. What innovation or
localized materials did I
use/discover which I wish
to share with other
teachers?

Prepared by:
Noted:

PERLITA A. VILLANUEVA
ALMA D. ACUNA Principal III
Teacher