GRADES 12 School Angelita V. Del Mundo Foundation (AVM Foundation) Inc.

Grade Level Grade 12

DAILY LESSON LOG Teacher Ms. Sweetzel A. Precinio Learning Area Fundamentals of Accountancy, Business and Management 2
(ABM2)
Teaching Dates and Time WEEK 1: JUNE10 -14, 2019 Quarter 1ST
ABM12a: Wednesday 3:00PM – 5:00PM
Thursday 10:00AM – 12:00NN

WEDNESDAY THURSDAY
I. OBJECTIVES
A. Content Standards The learners demonstrate an understanding of account titles under the assets, liabilities, and capital accounts of the Statement of Financial Position that will equip them in the
preparation of the SFP using the report form and account form.
B. Performance Standards The learners shall be able to cite solve exercises and problems that require preparation of an SFP for a single proprietorship with proper classification of accounts as current and
noncurrent using the report form and the account form
C. Learning The learners identify the elements of the SFP and describe each of them. ABM_FABM12-Ia-b-1
Competency/Objectives The learners classify the elements of the SFP into current and noncurrent items. ABM_FABM12-Ia-b-2
Write the LC code for each. The learners prepare the SFP of a single proprietorship. ABM_FABM12-Ia-b-3
The learners prepare an SFP using the report form and the account form with proper classification of items as current and noncurrent. ABM_FABM12-Ia-b-4
II. CONTENT Statement of Financial Position (SFP) for Merchandising business
III. LEARNING RESOURCES
A. References
1. Teacher’s Guide pages Pages 1- 35
2. Learner’s Materials pages
3. Textbook pages
4. Additional Materials from
Learning Resource
(LR)portal
B. Other Learning Resources
IV. PROCEDURES
A. REVIEW ACTIVITY: Review the Elements of Accounting and ask the students to give specific Review previous lesson about theories of SFP.
Reviewing previous lesson or relating account titles under assets, liabilities, equity.
 previous to present lesson
B. SPRINGBOARD/MOTIVATION:
Establishing a purpose for the new
lesson
Post a personal SFP on the board using savings and personal things (bag, Answer the assignment.
pencil, pen, clothes, etc.) as asset and the amount that the students owe to Let the students exchange their assignment notebook and check their answers.
their friends and the amount of their tuition that their parents are paying as
liabilities.

C. ANALYSIS: Ask the students “what is the accounting equation?” Present different sample formats of SFP on the board with same accounts and balances.
Presenting examples/instances of the Answer: (Asset = Liabilities + Owners Equity)
new lesson
Let them identify the different types of each elements.
D. DISCUSSION: 1. Identify the elements of the SFP and describe each of them 1. Prepare the SFP of a single/sole proprietorship
Discussing new concepts and 2. Classify the elements of the SFP into current and noncurrent items 2. Prepare an SFP using the report form and the account form with proper classification of
practicing new skills # 1
items as current and noncurrent

E. DISCUSSION:
Discussing new concepts and
practicing new skills # 2
F. DEVELOPING MASTERY: Individual Activity: Group Activity: (5 Minutes)
Leads to Formative Assessment #3 Let the students answer the following question. The students are divided into two groups and using the given Trial Balance on the board they
1. What is meant by merchandising? will prepare a Statement of Financial Position according to their group assignment. The
2. What is the purpose of preparing SFP? students are given 5 minutes to do the activity and they will present and explain their output.
Group 1 – Report Form
Group 2 – Account Form
G. ABSTRACTION: Summarize the steps in preparing Financial Position. Summarize the report form and account form of SFP.
Making generalizations &/or
abstractions about the lesson
H. APPLICATION:
Finding practical application of
concepts and skills in daily living
I. EVALUATION: Quiz on the basic info about SFP. This should include theory questions and Quiz on the computation of the different parts of the SFP. This should include computations for
Evaluating/assessing learning problem solving questions. missing amounts and identifying current and noncurrent items of the SFP.
J. AGREEMENT: Assignment: Assignment:
Additional activities for application or Identify the following account titles if it’s under Asset, Liabilities or Owner’s Based on the given trial balance prepare Report Form & Account Form of Statement of
remediation
Equity. Financial Position.
1. Cash in Bank 6. Fringe Benefits
2. Prepaid Expense 7. Charitable Contribution
 3. Unearned Revenue 8. Laboratory Equipment
4. Communication, Light & Water 9. Commission Income
5. Withholding Tax Payable 10. Mortgage Payable

V. REMARKS
VI. REFLECTION
A. No. of learners who earned
80% in the evaluation
B. No. of learners who require
additional activities for
remediation who scored
below 80%
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 Productive class discussion that enables students to invent, create. Imagine, Group Activities are included that let the students share their ideas and learn to become
strategies worked well? Why take risks, dig for deeper meaning and offer their ideas. cooperative and participative in class.
did these work? Individual Work/Activity that helps to examine students abilities and skills Demonstration that helps students to understand the step-by-step process required in the
through different exercises. lesson.
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?

PREPARED BY: DATE SUBMITTED: CHECKED BY: NOTED BY:

__________________________ June 4, 2018 _________________________ __________________________

Ms. Sweetzel A. Precinio Mrs. Maricris Z. Abad Mrs. Imelda Grace A. Santos Date
Teacher SHS Coordinator College Dean & SHS Principal