DETAILED LESON PLAN IN FUNDAMENTALS OF ACCOUNTANCY, BUSINESS AND MANAGEMENT 1
SCHOOL MAGSAYSAY NATIONAL HIGH SCHOOL
TEACHER
GRADES 1-12 TEACHING
DAILY LESSON DATES AND
TIME
I. OBJECTIVES
A. Content Standard
B. Performance Standard
C. Learning
Competencies/Objectives
II. CONTENT
III. LEARNING RESOURCES
A. References
1. Textbook Pages
2. Additional Materials
B. Other Learning Resources
IV. PROCEDURE
A. Reviewing the past lesson or
presenting the new lesson
GRADE GRADE 11
LEVEL
RANDY R. MAGBUDHI LEARNING FABM2
AREA
June 4, 2021
9:00AM – 10:00AM QUARTER 4th Quarter
The learners demonstrate an understanding of the sound principles of taxation, its
purpose, and preparation of forms and payment of taxes
Accomplish the BIR(Bureau of Internal Revenue) forms
Explain the procedure in the computation of gross taxable income and tax due
(ABM_FABM12-llh-j-17)
At the end of the lesson, the learners should be able to:
1. Define compensation income and its purposes
2. Enumerate the allowable deductions in computing tax due
3. Compute the taxable income and Tax due using tax table
TAXABLE INCOME AND TAX DUE OF INDIVIDUALS EARNING PURELY
COMPENSATION INCOME
Fundamental of Accountancy, Business and Management 2 – Josefina L. Beticon,
Christopher D. Domingo, Fermin A. Yabut, and Gina T. Manaligod Vival
Group Page 171-175
SHS TG Fabm2- Page 173 and 178-180
Laptop, Projector, PowerPoint Presentation, Strips of construction paper, marker,
Calculator, BIR forms
1. Preliminary Activity
A.1. Prayer
Let us all stand for a prayer. (Student volunteers to pray.)
Who wants to lead a prayer? Classmates, let us pray.
Dear lord, thank you for
the blessings you have given
to us. Please guide us in our
studies today. Amen!
A.2. Greetings
Good Afternoon class! Good Afternoon Sir!
How are you today? We are fine/good/happy!
Before you take your seat kindly pick
all the litters under your tables and chairs,
arrange your chairs properly and observe
social distancing
A.3. Checking of attendance
(say present as I call your name) Present/absent
Very good class! Nobody is absent today.
A.4.Review:
 Let us have a short review with our previous lesson.

I have here an exercise regarding our previous

lesson

MULTIPLE CHOICE

1. It is the process by which the government

collects revenue in order to pay for its
expenses.
a. Taxi Answer:
b. Taxation
c. Taxable b. Taxation
d. Tax

Very Good!

2. Who are the taxpayers granted a Personal

Exemption and Additional Exemption
a. Resident Citizen
b. Non-Resident Citizen Answer:
c. Resident Alien
d. All of the above d.All of the above

Correct! Based on our last topic;

Resident citizen are those who are citizen of the
Philippines and also residing in the Philippines

Non-resident Citizen are those who are citizen of

the Philippines but not residing in the Philippines

Resident Aliens are those who are not citizen of the

Philippines but residing in the Philippines.

3. These are the qualification of a child may

be considered as dependent in availing Answer:
additional exemption.
a. Must be legitimate, illegitimate or legally
adopted of the taxpayer
b. Must not more than 21 years old, d.All of the Above
unmarried and not gainfully employed
c. More than 21 years old but incapable of
self-support because of mental or physical
defects.
d. All of the above

Excellent! But take note class. All of the stated

above should still living with the taxpayer.

Good job class, I’m glad that you still remember

our previous lesson

B. Establishing a purpose for Motivation

the lesson Class, Let us have a game. Let us divide you into
four groups. Each Group will have one
representative. I also need one mediator who will
observe who raise the hand first. We will play a
game “BRAINY KA NA BA?”. It is somehow alike
with the 2001 game show GAME KA NA BA
popularized by Ms. Kris Aquino.

Here is the mechanics;

1. Three questions are prepared for each
 answer.
2. A contestant is randomly chosen by the
mediator to answer a question by raising a
hand.
3. Other players still have the chance to
answer correctly to the next question
4. It is a race to the top of the pyramid
5. The first contestant to get to the top is the
winner and will be receiving a prize.
Are you ready to play? Yes Sir!
C. Presenting examples and Ok Class! The game we played has something to
instances of the new lesson do with our lesson for today. Initially, We played a
game. Afterwards, we get the idea of the things
related to our compensation income or our salary
and also the deductions. Those deductions in our
salary are called Statutory Contributions

Class! Do you have any idea about compensation

income, the amount of allowable deductions and
how to compute the tax due? None sir

Don’t worry, that will be elaborated in our

discussion for today. Let me present to you the
objectives of our lesson.
Today we will,
 Define compensation income
 Enumerate the allowable deductions in the
compensation income
 Compute the income tax due using
scheduler rate

Compensation Income is the income paid to

employees in exchange for their services they
provide. It may include base salary, incentives
or commissions.

Resident Citizen, Non-resident citizen and Resident

alien taxpayers are granted a personal exemption
of Php. 50,000.00 and additional exemption of Php.
25,000.00 for each qualified dependents.

For husband and wife with children, only one

spouse can claim the additional exemption. The
husband is deemed head of the family and will
claim the deduction unless he waves his right in
favor of his wife.

Let’s try this example:

Mr. Gallano is a Filipino citizen, married with one

dependent child and residing at Bagong Sikat San
Jose Occidental Mindoro.
1. How much is his Personal Exemption? 50,000 Sir
2. How much is his Additional Exemption? 25,000 Sir
3. How much is his total Exemption? 75,000 Sir

Is there any question class? None Sir

I will show you something

 What can you say about the picture?
Baby’s required diet up to 5
Correct! years
The picture shows that from infant 0-6 months the
required food is only breastmilk or formula milk
From 6-12 months, solid foods start to introduce
Then from 2-5 years old, an increase of food group
is required. It means as the body grow, the required
amount of food increases.

Same concept in taxation, as the income grow the

tax payable also increases.

D. Discussing New Concepts So now that we know the allowable deductions,

and Practicing New Skills
Taxable Income Computation of Tax Due
But Not
Over Over Rate
 0.00 10,000 5%
10,000 30,000 P500 + 10% of the excess over P10,000
30,000 70,000 P2,500 + 15% of the excess over P30,000
70,000 140,000 P8,500 + 20% of the excess over P70,000
P22,500 + 25% of the excess over
140,000 250,000 P140,000
P50,000 + 30% of the excess over
250,000 500,000 P250,000
P125,000 + 32% of the excess over
500,000   P500,000

let’s proceed on computation of the tax due

Are you ready class?

Let’s assume the following information

The formula is:
Compensation Income Php.600,000.00
Less: Statutory Contributions 60,000.00
Gross Compensation Income Php.540,000.00
Less 13th month pay and other bonuses 90,000.00
Gross Taxable Income Php.450,000.00
Less: Personal Exemption 50,000.00
Additional Exemption 25,000.00
Net Taxable Income Php.375,000.00

From the tax table, tax due for Php. 375,000.00 is

computed as follows:
Php.50,000 + 30% of the excess of Php.250,000
375,000-250,000=125,000

125,000 x 30% = 37,500

50,000+37,500=87,500

Taxable Income Php. 375,000.00

Tax Due Php. 87,500.00

E. Discussing New Concepts Let us see the amended Income Tax Table as of
 and Practicing New Skills
F. Developing Mastery
2021
From year 2018 until 2022 no personal and
additional exemption were granted for every
taxpayer
Let’s assume the same information earlier
Compensation Income Php.600,000.00
Less: Statutory Contributions 60,000.00
Gross Compensation Php.540,000.00
Less 13th month pay and other bonuses 90,000.00
Gross Taxable Income Php.450,000.00
Less: Personal Exemption 0.00
Additional Exemption 0.00
Net Taxable Income Php.450,000.00
From the tax table, tax due for Php. 450,000 is computed
as follows:
Php.30,000 + 25% of the excess of Php.400,000
450,000-400,000=50,000
50,000.00 x 25% = 12,500.00
30,000+12,500=42,500
Taxable Income Php. 375,000.00
Tax Due Php. 42,500.00
Which do you think is better? The new one sir!
It is also somehow related in our lesson about Direct
variation
When one quantity increases the other quantity
increases too. When one quality decreases the
other quantity decreases too. The corresponding
ratios always remain constant.
Activity 1: You will be divided into three groups. (Students do the activity.)
Compute the taxable income and tax due and
present it in front.
a. Mr. Salazar generated the amount of the
following:
Compensation Income= Php300,000
Statutory Contributions= Php.50,000
13th month pay = Php.40,000
b. Mrs. Divino is generated the amount of the
following:
Compensation Income= Php.400,000
Statutory Contributions= Php.40,000
13th month pay = Php.30,000
c. Mr. Soriano generated the amount of the
following:
Compensation Income = Php600,000
Statutory Contributions = Php.60,000
13th month pay = Php.50,000
How much is the tax due
 G. Finding practical application of Activity 2:
skills and concepts in daily I will give you the BIR form 2316 of a person
living working at DepEd. This is with the consent of a
person in the form. Take a look at the contents and
evaluate if the computation is correct.

H. Making Generalization and What have you learned in our lesson? Students will share their
Abstraction of the Lesson thoughts about quotation
and how they can relate it in
the lesson

I. Evaluating Learning Assessment:

Multiple Choice 10 items

J. Additional Activities for

Remediation and Application
V. REMARKS
VI. REFLECTION
A. No. Of learners who earned 80% in
the evaluation
B. No. of learners who scored below
80% (needs remediation)
C. Did the remedial lessons work?
No. of learners who caught up with
the lesson
D. No. of learners who continue
require to remediation
E. Which of the teaching strategies
worked well? Why?
F. What difficulties did I encounter
which my principal/ supervisor can
help me to solve.
G. What innovation to localized
materials did I used/ discover which I
wish to share with other teachers?

.
Prepared by: RANDY R. MAGBUDHI
Subject Teacher

Checked by: MARIFI P. ROLDAN

Master Teacher I

Checked by: EMMANUEL G. RUEDAS

Master Teacher II