Republic of the Philippines

Region 1
Division of City Schools
CAYAMBANAN NATIONAL HIGH SCHOOL
Urdaneta City

Semi Detailed Lesson Plan in

Fundamentals of Accountancy, Business & Management 2
Grade 12

I. Objectives:

At the end of the lesson, the students should be able to

A. ABM_FABM12-IIa-b1: differentiate the journal from the general ledger
B. ABM_FABM12-IIa-b2: determine the normal balance of an account
C. ABM_FABM12-IIa-b3: prepare journal entries to record basic business transaction
D. ABM_FABM12-IIa-b4: determine balances of accounts using the t-account

II. Subject Matter:

A. Topic: Accounting Books – Journal and Ledger
B. References: Fundamentals of Accountancy, Business & Management 2 by Angeles A. De
Guzman (page 69-84_
C. Materials: Laptop, Speaker, Projector

III. Procedure:

A. Preparatory Activity
1. Greetings and Prayer
2. Checking of attendance
3. Review of the previous lesson

B. Motivation
The teacher will show pictures with scenarios of people doing business transactions. Ask the
learners what they see in the picture. After which, ask what is common among the pictures.
The teacher will process the activity leading to the discussion of the new topic.

C. Lesson Proper
1. Let the learners define general journal and general ledger.
2. Ask the learners to differentiate, in their own understanding, the general journal and
general ledger.
3. Recall the discussion about the types of accounts, namely, Asset, Liability, Equity, Revenue
and Expense.
4. Let the learners watch a video clip about the normal balance of accounts.
5. Using a sample problem, illustrate to the class how to prepare journal entries. Encourage
the learners to help in identifying and analyzing the business transactions.
6. Let the learners share and recall their knowledge regarding the preparation of t-account.
The teacher will give additional input.
7. Ask the learners to prepare a t-account for each account.
8. Ask the learners the importance of correctly preparing the entries and ledger and what
will be the implication if an error is committed.
 D. Activity
Group Activity: The class will play a game called “Accounting Race.” Each group will be given
tasks/set of questions to answer. There are 3 parts of the game. The first group to finish wins
the race.
 Part I: Differentiate the journal from the general ledger
A journal is a __ __ __ __ __ __ (DRCOER) of business __ __ __ __ __ __ __ __ __ __ __ __
(STNROAINTSCA) and events for a specific account. It chronologically stores all the __ __ __
__ __ __ __ (ORAJUNL) entries for a specific account so management and bookkeepers can
analyze the data. On the other hand, a general ledger is a record that contains __ __ __ __
__ __ __ __ __ (SEIRAMMUS) of accounts used by a company.

 Part II: What is the normal balance of the following accounts?

1. Accounts receivable __________
2. Land held as investment __________
3. Accounts payable __________
4. Salaries payable __________
5. Tamayo, Capital __________
6. Tamayo, Drawing __________

 Part III: Journalize the transactions

a. Mr. Ignacio invested P150,000 cash.
b. Paid P15,000 cash for the rent of a fully furnished office space in Urdaneta.
c. Completed work for a client and immediately collected P25,000 cash earned.
d. Paid the salary of assistant, P5,000.
e. Owner withdrew P3,000 cash for personal use.

E. Generalization
A journal is a record of business transactions and events for a specific account. It
chronologically stores all the journal entries for a specific account so management and
bookkeepers can analyze the data. On the other hand, a general ledger is a record that
contains summaries of accounts used by a company. The normal balance of assets, expenses
and drawing is debit while liabilities, capital and revenue has a normal balance of credit.

F. Evaluation
Individual Activity:
Prepare the journal entries and post the transactions to the general ledger. (page 80-81)

IV. Assignment
1. Give at least 3 types of bank accounts.

Prepared By:

JESSIE ROSE T. TAMAYO

Teacher I