REPUBLIC OF THE PHILIPPINES
Department of Education
Daily Lesson Log School
Teacher
Teaching Date
I. Objectives
a. Content Standard
b. Performance Standard
c. Learning Competency
II. Content
III. Learning Resources
IV. Procedures
a. Reviewing a previous
lesson
b. Establishing a purpose for
the lesson
c. presenting examples of
the new lesson
Integrative Approach
Lecture
Division of Lucena City
Lucena City National High School
Lucena City National High School Grade Level 11
MICHAEL A. ALONZO Learning Area FABM1
Quarter 3rd
Nov. 5, 2019
The learners demonstrate an understanding of the definition, nature, function, and
history of accounting
The learners shall be able to cite specific examples in which accounting is
used in making business decisions.
The learners shall be able to
• define accounting (ABM_FABM11-IIIa-1)
• describe the nature of accounting (ABM_FABM11-IIIa-2)
Introduction to Accounting
 Accounting Theory (n.d.) Retrieved from http://
accountingtheory.weebly.com/nature-and-scope-of--accouting
 Valencia, E. and Roxas, G. (2009). Basic Accounting, 3rd ed. Valencia
Education Supply
 Valix, Conrado T. et.al. (2015). Financial Accounting, Vol. 1, First part.
GIC Enterprises & Co. Inc.
• Weygandt, J. et. al. (2012) Accounting Principles 10th ed. John Wiley
& Sons (Asia) Pte. Ltd.
Communicating learning objectives
1. Introduce the following learning objectives:
a. I will be able to define accounting.
b. I will be able to describe the nature of accounting.
c. I will be able to explain the functions of accounting in business.
d. I will be able to narrate the history/origin of accounting.
Ask the learners “Is accounting important to you? (Leave this question
unanswered. Remind the learners that you will ask this question again after
you discuss the introduction to accounting.)
Define accounting
“Accounting is the process of IDENTIFYING, RECORDING, and
COMMUNICATING economic events of an organization to interested
users.” (Weygandt, J. et. al)
Explain the three highlighted words in the graphic:
IDENTIFYING – this involves selecting economic events that are
relevant to a particular business transaction
The economic events of an organization are referred to as transactions.
Examples of economic events or transactions - In a bakery business:
• sales of bread and other bakery products
• purchases of flour that will be used for baking
• purchases of trucks needed to deliver the products

d. Discussing new concepts
and practicing new skills #1
e. Discussing new concepts
and practicing new skills #2
f. Developing mastery
Collaborative Approach
g. Finding practical
application of concepts and
skills in daily living
Reflective Approach
h. Making generalizations
Reflective Approach
i. Evaluating Learning
RECORDING – this involves keeping a chronological diary of events that are
measured in pesos. The diary referred to in the definition are the
journals and ledgers which will be discussed in future chapters.
COMMUNICATING – occurs through the preparation and distribution of
financial and other accounting reports.
Discuss the nature of accounting
According to Accounting Theory
(http://accountingtheory.weebly.com/nature-and-scope-of-
accounting.html): “Accounting is a systematic recording of financial
transactions and the presentation of the related information to appropriate
persons.” Based on this definition we can derive the following basic features
of accounting:
• Accounting is a service activity.
• Accounting is a process.
• Accounting is both an art and a discipline.
• Accounting deals with financial information and transactions.
• Accounting is an information system.
Divide the class into 2 groups. The first group will act out the definition of
accounting while the second group will act out the nature of accounting.
Go back to the unanswered question during your introduction of this topic.
Ask the learners the following questions: Is accounting important to you?
Does it affect your daily activities? How?
Ask the learners the following questions:
a. Do your parents ask how you spend your allowance every day?
b. When deciding between buying a bottle of soft drinks or fruit
juice, what is the basis of your decision? Do you compare the
prices of both and then decide?
c. When going home, do you sometimes choose to walk from
school rather than riding a jeepney because you want to save?
(Acknowledge all the answers of the learners and make a conclusion that
accounting is involved in all of these. Relate the connection of accounting to
our daily activities.)
Give a short quiz. Ask the following questions:
1. Define accounting
Answer: Accounting is the process of IDENTIFYING, RECORDING and
COMMUNICATING
economic events of an organization for interested users.
 2. Give examples of decisions or questions that can be supported by
accounting information.
Suggested Answers:
• Is my business earning? (profitability)
• How much daily or monthly sales do I need in order to recover my fixed
cost? (break-even)
• Do I need to hire additional workers to help me with my production?
• Can I afford to set up a new store in another place? Where do I get the
funds? (financing
decisions)
• Can I afford to pay a bank loan?
j. Additional activities
V. Remarks
VI. Reflection
a. No. of learners who earned
80% on the formative test.
b. No. of learners who
require additional activities
for remediation
c. Did the remedial lessons
work? No. of learners who
have caught up with the
lesson.
d. No. of learners who
continue to require
remediation.
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 and
solve?
g. What innovation or localized
materials did I use/discover
which I wish to share with other
teachers

Prepared by: Checked and Inspected by:

MICHAEL A. ALONZO DR. ROLITO M. INOJOSA

SHS Teacher Principal II