Session 1 Session 2 Session 3 Session 4

I. OBJECTIVES
The learners demonstrate an understanding of the service income and operating expenses of a service business as well as sales, contra sales, purchases,
A. Content Standards contra purchase accounts, cost of goods 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 preparation of SCI for a service business and a merchandising business.
B. Performance Standards

The learners identify the

C. Learning Competencies/
Objectives (Write the LC Code)
The learners identify the elements of
the SCI and describe each of these
items for a service business and a
merchandising business.
ABM_FABM12-Ic-d-5
The learners identify the elements of The learners identify the elements
elements of the SCI and describe
the SCI and describe each of these of the SCI and describe each of
each of these items for a service
items for a service business and a these items for a service business
merchandising business.
business and a merchandising
and a merchandising business.
business.
ABM_FABM12-Ic-d-5 ABM_FABM12-Ic-d-5
ABM_FABM12-Ic-d-5

II. CONTENT Statement of Comprehensive Income Statement of Comprehensive Income Statement of Comprehensive Statement of Comprehensive
(SCI) (SCI) Income (SCI) Income (SCI)
III. LEARNING RESOURCES
A. References

1. Teacher’s Guide pages

2. Learner’s Material pages

Fundamentals of Accountancy, Business, and Fundamentals of Accountancy, Business, and Fundamentals of Accountancy, Business, Fundamentals of Accountancy, Business,
3. Textbook pages Management 2 (Dani Rose C. Salazar) Management 2 (Dani Rose C. Salazar) and Management 2 (Dani Rose C. and Management 2 (Dani Rose C. Salazar)
Salazar)

4. Additional Materials from

Learning Resource portal

B. Other Learning Resources

IV. PROCEDURES
A. Reviewing previous lesson or
presenting a new lesson
B. Establishing a purpose for the
lesson
C. Presenting examples/instances
of the new lesson
D. Discussing new concepts and
practicing new skills #1
E. Discussing new concepts and
practicing new skills #2
F. Developing mastery (Leads to
Formative Assessment)
G. Finding practical applications of
concepts and skills in daily living
H. Making generalizations and
abstractions about the lesson
I. Evaluating learning
J. Additional activities for
application or remediation
V. REMARKS
Review of the SFP elements especially the
Liabilities and Equity portion.
The learners will be able to understand the
purpose of an Income Statement.
Group activity: Each group shall present to class
the purpose of a: report card/test papers/etc.
The teacher shall discuss the lesson using
powerpoint presentation.
Inquiry-based approach: Teacher shall ask
students to describe in his/her own words the
purposes of SCI.
The teacher shall call some students to
generalize the lesson using two words only.
Essay: Give at least one (1) purpose and
describe thoroughly.
Review of the past lesson.
The learners will be able to determine the
elements of an Income Statement.
Group activity: Each group shall make a simple
statement showing their “baon” given to them
everyday and the list of things they buy and find
out how much is left.
The teacher shall discuss the lesson using
powerpoint presentation.
Mind mapping activity: List down several
sources of revenues and types of expenses a
business may incur.
The students shall present their output.
Students shall make a simple Income Statement
with amounts.
Assignment: Find out why Income Statement
has been renamed as Statement of
Comprehensive Income.
Review of the past lesson. Discussion of
the assignment given.
The learners will be able to identify and
describe the elements of the SCI of a
service business.
What is the Business? Students shall
guess the field of business of the
company logos flashed on the screen.
The teacher shall discuss the lesson
using powerpoint presentation.
Group Activity: Students shall pick out
from the list revenues/expenses which
belong to service companies only.
The students shall present their output.
The teacher shall ask some students to
complete the sentences flashed on
screen.
Short Quiz: Identify whether the given
revenues/expenses belong to a service
company.
Review of the past lesson.
The learners will be able to identify and
describe the elements of the SCI of a
merchandising business.
Guess the Logo: Students shall guess the
name the companies by showing the logos.
The teacher shall discuss the lesson using
powerpoint presentation.
Group Activity: Students shall pick out from
the list revenues/expenses which belong to
merchandising companies only.
The students shall present their output.
The teacher shall ask some students to
complete the sentences flashed on screen.
Short Quiz: Identify whether the given
revenues/expenses belong to a service
company.
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: Noted by:

FRANCES NOVA B. DELA PEÑA, MBA JEWELL C. SASUYA ALVIN D. STA. MARIA, Ed. D.
SHST-III ABM Academic Coordinator Principal I - DJNHS