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GRADE 12 School Grade Level 12

DAILY LESSON LOG Teacher Learning Area Business Finance

Teaching Dates & Time Quarter

Monday Tuesday Wednesday Thursday Friday

The learners demonstrate an understanding of the The learners The learners The learners demonstrate an The learners
financial planning process, including budget demonstrate an demonstrate an understanding of the financial planning demonstrate an
preparation, cash management, and working capital understanding understanding process, including budget preparation, understanding
management of the financial of the financial cash management, and working capital of the financial
planning planning management planning
process, process, process,
including including including
A. Content Standards
budget budget budget
preparation, preparation, preparation,
cash cash cash
management, management, management,
and working and working and working
capital capital capital
management management management
The learners are able to prepare budgets such as The learners The learners The learners are able to describe The learners
projected collection, sales budget, production are able to are able to concepts and tools in working capital are able to
budget, income projected statement of prepare prepare management describe
comprehensive income, projected of financial budgets such budgets such concepts and
B. Performance position, and projected cash flow statement as projected as projected tools in
Standards collection, collection, working
sales budget, sales budget, capital
production production management
budget, income budget, income
projected projected
statement of statement of
comprehensive comprehensive
income, income,
projected of projected of
financial financial
position, and position, and
projected cash projected cash
flow statement flow statement
The learners illustrate the formula and format for The learners The learners The learners explain tools in managing The learners
the preparation of budgets and projected financial illustrate the illustrate the cash, receivables, and inventory explain tools
statement formula and formula and ABM_BF12-IIIc-d-12 in managing
C. Learning ABM_BF12-IIIc-d-11 format for the format for the cash,
Competencies/ preparation of preparation of receivables,
Objectives Write budgets and budgets and and inventory
the LC code for projected projected ABM_BF12-
each financial financial IIIc-d-12
statement statement
IIIc-d-11 IIIc-d-11
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.
Financial Planning Tools and Concepts Financial Financial Financial Planning Tools and Concepts Financial
Planning Tools Planning Tools Planning Tools
and Concepts and Concepts and Concepts
List the materials to be used in different days. Varied sources of materials sustain children’s interest in the lesson and in learning. Ensure that there is a mix of
concrete and manipulative materials as well as paper-based materials. Hands-on learning promotes concept development.
A. References
Business Finance TG p.139-144 Business Business Business Finance TG p.169-183 Business
Finance TG Finance TG Finance TG
1. Teacher’s Guide
p.144- p.149-169 p.184-

2. Learner’s
Material pages
3. Textbook pages
4. Additional
Materials from
Resource (LR)
B. Other Learning
These steps should be done across the week. Spread out the activities appropriately so that students will learn well. Always be guided by demonstration of learning
by the students which you can infer from formative assessment activities. Sustain learning systematically by providing students with multiple ways to learn new
IV. PROCEDURES 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.
Review of the Financial Planning Process Review of the Review the Communicate the learning objectives by Review the
Recall that the financial planning process involves previous lesson steps in asking a learner to read the following past lesson
setting up long term and short term goals. formulating aloud in class:
- Long term goals set the direction of the company. cash budget 1. I will be able to understand working
A. Reviewing previous - Short term goals are the specific steps or actions capital management, net working capital,
lesson or presenting that will ultimately reach the company’s long term and the related trade-off between
the new lesson goals. profitability and risk.
2. I will be able to describe the cash
conversion cycle, its funding
requirements, and the key strategies for
managing it.
Inform the learners that for the rest of the sessions, Inform the Inform the Give an example of a local Philippine Real life
they will learn how to establish the evaluation learners that learners that company and its working capital situational
system of monitoring and controlling. for the rest of for the rest of practices. analysis
the period, they the period,
B. Establishing a
will learn what they will learn
purpose for the
an Operation the Projected
Budget is and Financial
how it is Statements
and cash
budget and
steps in
formulating a
cash budget
Planning and Controlling Have the Have the Discuss cash
1. Recall the previous class activity. Ask the learners cite learners cite • Being the
students one of the most important activities they their ideas their ideas most liquid
have about about the asset, cash is
done in the previous exercise. Operation financial an important
2. Get insights from the learners on the following budget and statements account in the
questions: cash budget balance sheet
- What is a budget? and steps in Discuss the that will affect
- What is the importance of a budget? formulating a purpose of the
- What will happen if the budget is not met? cash budget projected liquidity, and
• Tell the students that a plan is useless if it is not financial solvency of a
quantified. A quantified plan is represented through statements. company. It is
budgets and projected or pro-forma financial also the most
C. Presenting
statements. Provide the vulnerable
• These budgets and pro-forma financial statements learners a when it comes
for the new lesson
are useful for controlling. They serve as the bases historical to theft.
for monitoring actual performance. financial
• Tell the students that meeting the plans is good. statement that Also, discuss
However, failing to meet the plans is not equivalent they would use motives for
to failure if the reasons for not meeting such plans to make their holding cash
can be justified especially when the reasons are forecast.
fortuitous in nature and are beyond the control of
- Measuring actual performance vis a vis the plans
even at the early start of the year allows the
management to assess the company’s performance
and come up with remedial actions if
warranted (Cayanan, 2015).
1. Sales Budget 3. Budgeting Enumerate Introduce the different Working Capital Discuss
• Discuss how a sales budget is formulated. Cash and discuss Assets and their importance in the Budgeting
- The most important account in the financial • Discuss what the Steps on operations of the company. Cash
statement in making a forecast is sales since most an Operation Financial • Working capital is the company’s • The Cash
of Budget is and Statement investment in current assets such as cash,Budget
the expenses are correlated with sales. how it is Projection. accounts receivable, and inventories. - The cash
- Recall from Lesson 2: Financial Statement formulated. a. Forecast • Net Working capital is the difference budget
analysis that cost of sales ratio, gross profit ratio, - Operations Sales between current assets and current provides
and variable operating expenses ratio are based on budget refers b. Forecast liabilities. information
the sales figure. to the variable Cost of Sales 2) Illustrate the flow of the operating regarding the
and fixed costs and Operating cycle. company’s
Discuss the following external and internal factors needed to run Expenses expected cash
influencing sale, among others: the operations c. Forecast Net The operating cycle is the sum of days of receipts and
of the company Income and inventory and days of receivables. disbursements
D. Discussing new but are not Retained over a given
concepts and directly Earnings. period.
practicing new skills attributable to d. Determine
1 the generation balance sheet Inventory
of sales. items that will management
- Examples of vary with sales
this are the or whose
following: balances will
• Rent be highly
payments correlated to
• Wages and sales.
Salaries of e. Determine
selling and payment
administrative schedule for
personnel loans.
• f. Check for
Administrative other
Costs information
• Travel and g. Determine
representation external funds
expenses needed (EFN).
• Professional h. Determine
fees how external
• Interest funds needed
Payments may be
• Tax financed.

4. Cash
• Discuss the
importance of
a Cash Budget
and how it is
• Recall from
the start of the
term the
exercise you
did where the
learners were
asked how
allowance they
were given and
how much
expenses they
would incur in
a day. Recall
that at the end
of the activity,
they were able
to identify
whether they
had excess
cash or they
had a deficit.

The cash
budget, or cash
forecast, is a
statement of
the firm’s
inflows and
outflows of
cash. It is used
by the firm to
estimate its
short-term cash
with particular
attention being
paid to
planning for
surplus cash
and for cash
(Gitman &
Zutter, 2012).
E. Discussing new 2. Production Budget The teacher Explain how to compute the Days of
concepts and • Discuss what a production budget is and how it is will discuss Inventory and Days of Receivables. Inventory
practicing new skills formulated. the steps in management
2 involves the
- A production budget provides information formulating a formulation
regarding the number of units that should be cash budget and
produced over a given accounting period based on administration
expected sales and targeted level of ending A. Form the of plans and
inventories. sales forecast, policies to
identify how efficiently and
The teacher discusses the computation part of the much would be satisfactorily
lesson and gives example collected in the meet
cash budget production and
Required production in units = Expected Sales + period. Sales merchandising
Target Ending Inventories - Beginning Inventories may be made requirements
in cash or for and minimize
credit. Cash costs relative
sales are to inventories.
translated to
cash at the
point of sale
while credit
sales are
depending on
the credit
period. Credit
periods may
range from 10
days to more
than a month
depending on
the strategy of
the company.
Recall from
Lesson 2:
Analysis the
implications of
the company’s
credit policy.

B. Identify
other receipts.

C. From the
identify how
much of the
made will be
paid by the
company on
the cash budget
period. Like
purchases may
be made in
cash or on
depending on
the supplier’s
credit terms.
D. From the
identify which
expenses will
be paid in cash
during the cash
budget period.

E. Identify all
other cash
payments to be

F. Match the
receipts and
on the periods
they become
collectible and

G. Set a
required cash

H. If the net
cash flow is
above the
minimum cash
balance, the
company is in
excess cash
and may
putting it in
short term
investments. If
it is below, the
should make a
short term
during that
Have the learners discuss how a sales budget is Have the Have the Have the learners compute for days of Have the
formulated and explain the external and internal learners learners inventory and days of receivables as learners
factors influencing sale by groups. discuss prepare groups discuss
operation projected budgeting cash
Have the learners solve exercises or problems about budget and financial and prepare
F. Developing mastery
production budget as groups state the statements by inventory
(Leads to Formative
importance of groups management
Assessment 3)
cash budget by groups
and steps in
cash budget by
The learners use real-life situations or examples The learners Ask the The learners use real-life situations or The learners
about sales budget and external and internal factors, use real-life learners the examples about inventory and use real-life
and production budget situations or following: receivables situations or
examples about What should examples
G. Finding practical
operation the about
applications of
budget and management budgeting and
concepts and skills in
cash budget do if the actual managing
daily living
and the steps in performance of inventories
formulating the company
cash budget fell short of the
plans as early
as in the first

Let the learners explain how a sales budget is Let the learners Let the Let the learners explain their Please see
H. Making formulated and explain the external and internal explain their learners understanding about the lesson Activity on the
generalizations and factors influencing sale and what a production understanding explain their TG p. 196
abstractions about budget is and how it is formulated about the understanding
the lesson lesson about the
Have the learners prepare sales budget and Have the Have the Have the learners compute for days of Please see
production budget learners learners inventory and days of receivables Activity on the
discuss prepare a individually TG p. 198
operation project
budget and financial
state the statements
I. Evaluating learning
importance of individually
cash budget
and steps in
cash budget
Ask the learners to have an advance reading about Ask the
cash budget learners to
have an
J. Additional activities advance
for application for reading about
remediation projected

Reflect on your teaching and assess yourself as a teacher. Think about your students’ progress this week. What works? What else needs to be done to help the
VI. REFLECTION students learn? Identify what help your instructional supervisors can provide for you so when you meet them, you can ask them relevant questions.
A. No. of learners who
earned 80% in the
evaluation. Total:_____ Total:_____ Total:_____ Total:_____ Total:_____
B. No. of learners who
require activities for
remediation Total:_____ Total:_____ Total:_____ Total:_____ Total:_____
C. Did the remedial
lessons work? No. of
learners who have
caught up with the
D. No. of learners who
continue to require
E. Which of my
teaching strategies
worked well? Why
did these work?
F. What difficulties did
I encounter which
my principal or
supervisor can help
me solve?
G. What innovation or
localized materials
did I use/discover
which I wish to share
with other teachers?

H. What went wrong?

I. What went right?

J. What needs to