GRADES 11 School Angelita V. Del Mundo Foundation (AVM Foundation) Inc.

Grade Level Grade 11

DAILY LESSON LOG Teacher Ms. Sweetzel A. Precinio Learning Area Fundamentals of Accountancy, Business and Management 1
(FABM 1)
Teaching Dates and Time WEEK14: February 17 - 21, 2020 Quarter 4th
ABM11a: Tuesday 1:00PM – 3:00PM
Thursday 1:00PM – 3:00PM

TUESDAY THURSDAY
I. OBJECTIVES
A. Content Standards The learners demonstrate an understanding of the accounting cycle of a service business.
The learners demonstrate an understanding of the accounting cycle of a merchandising business.
B. Performance Standards The learners identify business and non-business transactions, enumerate the types of business documents, recite the rules of debit and credit, and apply these in simple cases.
The learners prepare journal entries, post to the ledger, prepare the trial balance, worksheet, adjusting entries and complete the accounting cycle of a merchandising business.
C. Learning The learners complete the accounting cycle. ABM_FABM11- IVa-d -34. The learners describe the nature of transactions in a merchandising business.
Competency/Objectives ABM_FABM11- IVe-j-35.
Write the LC code for each.
II. CONTENT Preparation of Basic Financial Statements Accounting Cycle of a Merchandising Business
 Journalization
III. LEARNING RESOURCES Pen, Paper, Whiteboard, Whiteboard marker, Visual Aids
A. References
1. Teacher’s Guide pages Pages 109 - 118 Pages 119 - 172
2. Learner’s Materials pages
3. Textbook pages Worktext in Basic Accounting (Service/Merchandising) by Cecilia Hugo – Macapilit Pages 156-165
4. Additional Materials from BOOKKEEPING NC III CBLM
Learning Resource (LR)portal
B. Other Learning Resources
IV. PROCEDURES
A. REVIEW ACTIVITY: Review previous lesson about the Adjusted Trial Balance. Review previous lesson about the Financial Statements.

B. SPRINGBOARD/MOTIVATION: Ask the learners if they want to start a merchandising company.

Engage them in a discussion related to the merchandising business that they want.
Ask the learners what are the possible activities or transactions in a merchandising
business set-up and write it on the board.
C. ANALYSIS:
Presenting examples/instances of the
new lesson
D. DISCUSSION:
Discussing new concepts and
practicing new skills # 1
1. DISCUSSION:
Discussing new concepts and
practicing new skills # 2
2. DEVELOPING MASTERY:
Leads to Formative Assessment #3
3. ABSTRACTION:
Making generalizations &/or
abstractions about the lesson
4. APPLICATION:
Finding practical application of
concepts and skills in daily living
5. EVALUATION:
Evaluating/assessing learning
6. AGREEMENT:
Additional activities for application or
remediation
Compare the transactions of a merchandising business to service business.
Discuss the following Financial Statements preparation detail: Discuss the Nature and examples of merchandising company in detail.
 Income Statement
 Statement of Changes in Owners’ Equity
 Balance Sheet
Individual Activity: Group Activity:
Have the students answer the Enrichment found in TG page 115. Divide the students into two groups. Each of the group will be given different
merchandising business transaction. Using the given transaction and materials they
are required to prepare the following:
A. Chart of Accounts (5 mins.)
B. General Journal (25 mins.)
Summarize the Journalization of Merchandising Business
Let the student answer a short quiz about Financial Statements. Let the student answer a short quiz about Merchandising Business.
Assignment: Assignment:
Prepare the Complete Accounting Cycle for the Service Use the following additional account titles:
305 – S. Matikas, Drawings 101 - Cash Journalize the transaction of Asia Distributor.
Business transaction given below.
401 – Service Income 502 – Salaries Expense January 2019
509 - Utilities Expense 504 - Advertising Expense
The following are the transactions completed of MATIKAS CAR
303 - S. Matikas, Capital 506 – Rent Expense
1 Purchased merchandise from Divisoria Market P9,500 on account.
WASH during its first month January 2019: 2 Sold merchandise P4,300.
Jan.2 Mr. Sario Matikas made an initial investment of 106 – Supplies 103 – Accounts Receivable
P50,000 cash and cleaning supplies P10,000. 203 – Unearned Income 201 – Accounts Payable 5 Received credit from Divisoria Market for the merchandise returned P800.
110 – Furnitures & Fixtures
3 Paid the P1,000 to XYZ Printing for the marketing. 11 Purchased two store equipment for P850 each.
5 Received P3,000 for service rendered.
10 Paid helpers salaries for P2,000.
15 Paid Divisoria Market in full.
15 Mr. Sario Matikas withdrew P1,500 for personal use. ADJUSTMENTS: 17 Sold merchandise to Distributors, P3,700 on account
18 Billed customer P1,500 for service rendered. 18 Paid P120 freight on January 17.
21 Bought tables and chairs P1,300 on account.
25 Received advance payment from Mr. Laos P1,500 for 20 Gave P500 refund to customer for returned merchandise.
future service. 25 Received full collection from customer on January 17.
27 Paid the account on January 21, P800.
29 Paid rent P1,100.
30 Paid the water bill P1,000 and electricity bill P500.
 1. REMARKS
2. REFLECTION
A. No. of learners who earned ABM – 30/30 ABM – 30/30
80% in the evaluation
B. No. of learners who require n/a
additional activities for
remediation who scored
below 80%
C. Did the remedial lessons n/a
work? No. of learners who
have caught up with the
lesson
D. No. of learners who continue n/a
to require remediation
E. Which of my teaching Enhanced (Modified) Lecture that includes active elements of pausing for discussion among students, including immediate mastery test/quizzes over lecture materials.
strategies worked well? Why Questioning and Discussion that include questioning students in a way that helps them evaluate their own thought.
did these work?  Group Activity/Exercise that develop communication, teamwork skills and reinforced the students to work together and "teach" each other.
F. What difficulties did I n/a
encounter which my principal
or supervisor can help me
solve?
G. What innovation or localized n/a
materials did I use/discover
which I wish to share with
other teachers?

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

__________________________ February 21, 2020 _________________________ __________________________

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