Detailed Lesson Plan

School TUDNACOHS Grade Level G – 11

Teacher MARIA BENNA D. MENDIOLA Learning Area FABM 1
Time & Date JUNE 16, 2022 @ 1:30 P.M. Quarter 4th

I. OBJECTIVES At the end of the lesson, students are expected to:

1. Analyse common business transactions using the rules of debit and
credit (ABM_FABM11-IIIg-j-27)
2. Solve simple problems and exercises in the analyses of business
transaction. (ABM_FABM11-IIIg-j-28)
3. Appreciate the value of discipline in one’s life.

A. Content Standards The learner demonstrates understanding of the business transactions

and their analysis to include definition and nature of business
transactions, types of source or business documents, and the rules of
debits and credits.
B. Performance The learner is able to identify business and nonbusiness transactions,
Standards enumerate the types of business documents, recite the rules of debit
and credit, and apply these to simple cases.
C. Learning The learner:
Competencies/ 1. Analyze common business transactions using the rules of debit and
Objectives credit (ABM_FABM11-IIIg-j-27)
2. Solve simple problems and exercises in the analyses of business
Write the LC Code
transaction. (ABM_FABM11-IIIg-j-28)
for each.
3. Appreciate the value of discipline in one’s life.

I. CONTENT THE BUSINESS TRANSACTION AND THEIR ANALYSIS

II. LEARNING Self learning module
RESOURCES Textbooks
A. References Fundamentals of Accountancy, Business and Management I
By: Florenz C. Tugas, et al

Fundamentals of Accountancy, Business and Management

Volume 1 By: Ma. Elenita B. Cabrera, CPA
B. Teacher’s Guide
pages
C. Learner Material
pages
D. Textbook pages pp. 43-60, pp. 70-75
E. Additional Materials Laptop, PPT slides, DLP
from Learning
Resource (LR) portal
A. Other Learning 4 A’S, Brainstorming, Graphic Organizers
Resources
III. PROCEDURES
A. Preliminary
Activity
 TEACHER’S ACTIVITY STUDENTS’ ACTIVITY

Good afternoon Ma’am. We are fine.

Yes Ma’am.

(Student will lead the prayer)

Masks and maintain a safe distance

amongst your classmates.

The Body Language

1. Pick one piece of colored paper from
the box.
2. Group yourselves according to your
color.
3. Select a representative for each group.
The rep will spell out the word for
other group to guess. She will use her
own body to spell the word.
4. Each group is given 10 secs to spell and
10 secs to guess.
5. The first group to guess the right word,
wins the game!

Are you ready!

Very good. Thank you!
Let’s have a short review on the past
Lesson that we have, The Books of Purchase of office supplies
Accounts.
 TEACHER’S ACTIVITY STUDENTS’ ACTIVITY

C. REVIEW

MYSTERY BOX
GAME

Teacher presents powerpoint for the MYSTERY

BOX GAME. KEEP OR GIVE THE BOX? (Teacher Students pay attention to the instructions given.
presents the mechanics of the game)
Annotation: Student’s motivation determines,
The group with the highest accumulated points directs, and sustains what they do to learn.
earn extra points.

Questions:

What is the image below? A business enterprise

What is referred to as the book of original entry? Journal

What do you call the process of entering

transaction data in the journal? Journalizing

Mr. A received P30,000 cash for services rendered. Cash Receipts Journal ( CRJ )
In which special journal should this transaction be
recorded?

On May 30, Mr. S paid the salary of his employees. Cash disbursements journal (CDJ)
What special journal should be used in this
transaction?

What is called as the “book of final entry”? Ledger

Thank you class for participating in our game. I Annotation: The Learning Principle: Students’
know that all of you have truly understood our nowledge can help or hinder learning. It is
past lesson. Now, I believed that you are ready for necessary of me as Teacher to know prior
new lesson. knowledge inorder for me to prioritize the
knowledge and skills I need to focus on. This is an
effective teaching principle .
D. New Lesson

VIDEO
Paym
ent
 TEACHER’S ACTIVITY STUDENT’S ACTIVITY

1. Activity

What is the video all about? The video is an example of a business transaction
Ma’am.

That’s correct! The video is an example of a

There is a buyer and a seller. Products and money
business transaction. What else can you observe are involved in the given video.
in the video shown?
There is buying and selling in the video. Shopkeeper
Is the video easy to understand? sells his products and a customer is buying them
through the use of money.
Excellent job, everyone! All of your answers are
correct. This buying and selling or exchange of
goods or services in business is called business
transactions. They are the bread and butter of the Students will listen.
business.

Today we are going to talk about The Business

Transaction and Their Analysis. Here are our
objectives for today’s lesson. (Teacher will Students will read the objectives presented.
present to the class the objectives.)

Let us now proceed to our activity.

-
-
-

Identification: With the given choices below, identify the type of business activity performed by each
establishment. Write your answers on the space provided.

Service business Merchandising business Manufacturing business

1. SM Supermarket ________________________________
2. David’s Beauty Salon _____________________________
3. Vynce Hardware _________________________________
4. Jared Pharmaceuticals ____________________________ Annotation:As a teacher, I
5. Bruno Barber Shop _______________________________ strive to motivate my learners
6. JMC Advertising Agency ___________________________ to be independent inorder for
7. Pure Foods Corporation ___________________________ them to construct knowledge
8. National Book Store ______________________________ on their own and make
9. Wellness Spa ____________________________________ meaning of them.
10. Belo Medical Clinic _______________________________
Splendid work everyone! Give yourselves 3 Students do as told.
resounding claps!

Business transactions are classified into:

1. Engaged in the rendering of service
2. Engaged in buying and selling of goods.
3. Engaged in the reproduction of items to be
sold.

These business transactions are to be recorded

through a journal entry.

We shall now proceed to its analysis, rules and journal

entry.

2. Analysis

Mechanics:

1. With the same groupings as earlier, discuss the transactions of the Anime World Gallery.
2. Answer the Analysis, Rules and Entry as shown in the given example.
3. Assign a secretary to write your answers on the template provided.
4. Once your group is done, post your answers on the board chronologically.

The following are transactions for Anime World Gallery for the month of May. They will be recorded
using the double-entry system. To analyse each transaction the following shall be used to show the
effect on the accounts as follows: A (for Asset), L (for liability), or OE (Owner’s Equity). The effect on
Owner’s Equity is sub classified as follows: OE:R (Revenue) and OE:E (Expenses).

May 2 Gisel Ong loves to watch anime. She draws posters of colourful anime characters.
Sometimes she displays them in her office. To her surprise, many anime fans buy her drawings and
paintings and place special orders for Anime characters of their choice. Thus, Gisel decided to open
Anime World Gallery. Gisel invested P300,000 in this initial endeavour.

Analysis Asses increased. Owner’s equity increased.

Rules Debit increases in assets. Credit increases in owner’s equity.
Entry Increase in assets is recorded by a debit to cash. Increase in owner’s equity is recorded
by a credit to Ong, Capital.

Journal entry:
Dr Cr
Cash (A) P300,000
Ong, Capital (OE) P300,000
To record initial investment of Gisel Ong.

May 3 Gisel Ong issued a promissory note for a P100,000 loan from Allay Bank. The note carries
a 12% interest per annum. The interest and the principal are payable after one year.

Analysis ___________________________________________
Rules ___________________________________________
Entry ___________________________________________
 Show entry:

Dr Cr

______________________ xx
____________________ xx
______________________________

May 5 Ms. Ong acquired office equipment to be used for the office paying P180,000 in cash.

Analyis ___________________________________________
Rules ___________________________________________
Entry ___________________________________________

Show entry:

Dr Cr
M
______________________ xx
____________________ xx
______________________________

May 5mA Ms. Ong acquired furniture from Bloom’s costing P40,000 paying P12,000 and the
balance at the end of the month.

Analyis ___________________________________________
Rules ___________________________________________
Entry ___________________________________________

Show entry:

Dr Cr

______________________ xx
____________________ xx
______________________________

May 6 Gisel Ong rented office space and paid two-month in advance, all costing P18,000.

Analyis ___________________________________________
Rules ___________________________________________
Entry ___________________________________________

Show entry:

Dr Cr

______________________ xx
____________________ xx
______________________________
 May 7 Hired a part-time student helper with P4,000 monthly salary. The student helper started
working on the following day.

Analyis ___________________________________________
Rules ___________________________________________
Entry ___________________________________________

Show entry:
Dr Cr
M
______________________ xx
____________________ xx
______________________________

May 8 Called National Book Store and ordered art supplies worth P7,200.

Analyis ___________________________________________
Rules ___________________________________________
Entry ___________________________________________

Show entry:
Dr Cr

______________________ xx
____________________ xx
______________________________

May 9 The P7,200 worth of art supplies ordered from National Book Store were delivered on
account.

Analyis ___________________________________________
Rules ___________________________________________
Entry ___________________________________________

Show entry:

Dr Cr

______________________ xx
____________________ xx
______________________________

May 11 An oil painting of Naruto and an acrylic painting of L was delivered to Mr. Ku To. Gisel
Ong billed Mr.KuTo P120,000 for the painting delivered.

Analyis ___________________________________________
Rules ___________________________________________
Entry ___________________________________________
 Show entry:

Dr Cr

______________________ xx
____________________ xx
______________________________

May 12 Ms. Ong paid National Book Store P3,000 of the amount owed.

Analyis ___________________________________________
Rules ___________________________________________
Entry ___________________________________________

Show entry:

M Dr Cr

______________________ xx
____________________ xx
______________________________
M

May 13 Gisel Ong withdrew P18,000 for personal use.

Analyis ___________________________________________
Rules ___________________________________________
Entry ___________________________________________

Show entry:

Dr Cr

______________________ xx
____________________ xx
______________________________

May 14 Gisel Ong received cash from Ms. Uto San P90,000 for charcoal poster of Kirito.

Analyis ___________________________________________
Rules ___________________________________________
Entry ___________________________________________

Show entry:

Dr Cr

______________________ xx
____________________ xx
______________________________
 May 15 Ms. Ong paid helper’s salary for the month, P4,000.

Analyis ___________________________________________
Rules ___________________________________________
Entry ___________________________________________

Show entry:

M Dr Cr

______________________ xx
____________________ xx
______________________________
M

May 17 Gisel Ong water bill P540 for the month.

Analyis ___________________________________________
Rules ___________________________________________
Entry ___________________________________________

Show entry:

Dr Cr

______________________ xx
____________________ xx
______________________________

May 30 Ms. Ong received bill from Meralco amounting to P4,500.

Analyis ___________________________________________
Rules ___________________________________________
Entry ___________________________________________

Show entry:
Dr Cr

______________________ xx
____________________ xx
______________________________

Rubrics for Group Activity

CRITERIA 5 4 3 2 1 TOTAL
Cooperation
Organization
Originality
Total
 3. Abstraction

Based on the example above, what is a Journal? A journal is a chronological record of events and
business transactions showing all the effects of each
transaction in terms of debit and credit. Because
transactions are initially recorded in the journal, it is
(Teacher presents the definition on PPT) called the book of original entry.

A journal entry should contain the following:

1. Date. Write the month on the first transaction unless there is a change in month.
2. Account titles and explanations. Write the debit account on the extreme left of the first line
and indent the credit account half-inch on the next line. The explanation describing the
transaction is written on the extreme left and the next line below the credit.
3. P.R. (Posting Reference). Write the corresponding account number here once the entry is
posted.
4. Debit. Under this column, write the debit amount for each debit account.
5. Credit. Under this column, write the credit amount for each credit account.

Presume that Gisel Ong established Anime World Gallery with an initial investment of P300,000 on
May 2, 2018. The journal entry is:
DATE Account Titles and P.R Debit Credit
Explanation
2018
May 2 Cash 300,000
Ong, Capital 300,000
To record initial investment.

Journalizing is the process of recording a transaction in a journal after it has been recognized and
measured

Rules for Debit and Credit

Your debit to show: Your credit to show:

1. Increase in assets 1. Decrease in assets
2. Decrease in liability 2. Increase in liability
3. Decrease in owner’s equity 3. Increase in owner’s equity
- Owner’s withdrawal - Initial investment
- Expenses - Additional investment
-Revenue/income

Normal Increase ( + ) Decrease ( - )

Balance
Assets Debit Debit Credit
Liabilities Credit Credit Debit
Owner’s equity
Owner, Capital Credit Credit Debit
Owner, Drawing Debit Debit Credit
Revenues Credit Credit Debit
Expenses Debit Debit Credit
Contra-asset accounts:
Allowance for Doubtful Accts. Credit Credit Debit
Accumulated Depreciation Credit Credit Debit
 4. Application

Using the rules of Debit and Credit, you can now proceed to analyse the following transactions of BCD
Company for the Month of June 2018.

Mechanics:
1. With the same groupings, tell whether the Assets (A), Liabilties (L) and Owner’s Equity (OE) will
Increase (+), Decrease ( - ) or is Not Affected (NA) in each transaction.
2. Group 1 will answer all the EVEN numbers and group 2 will answer the ODD numbers.
3. You are given 5 minutes to finish this activity.

Transactions: A L E
1. The owner invests personal cash in the business.
2. The owner withdraws business assets for personal use.
3. The company receives cash from a bank loan.
4. The company repays the bank that had lent money.
5. The company purchases equipment with its cash.
6. The owner contributes her personal truck to the business.
7. The company purchases supplies on credit.
8. The company purchases land by paying half in cash and
signing a note.
9. The owner withdraws cash for personal use.
10. The company repays the suppliers.

*Students will do as told.

Values Integration

Excellent job, class!

What are rules? Rules are guidelines and instructions for doing
something right.
Good answer!

Are they important? Why? Yes, they are very important Ma’am for they are
created to manage behaviour in a certain
country or place.
Do you think you are disciplined enough to follow
rules?
Yes Ma’am, I believe we are.
How important is discipline in your life as a
student?
Students will give varied responses based on
their own views.
“THE DISTANCE BETWEEN YOUR DREAMS AND
REALITY IS YOUR DISCIPLINE”.
Annotation: I believe that I am an Existentialist
teacher since I want to help my students
In life, even as a student, you will face a lot of
understand & appreciate themselves. I want to
adversities and challenges. Self-discipline is your
help them make good decisions thru exposing
key ingredient to success. So if you want to
them to various paths that could not only
succeed in life, learn how to discipline yourself.
develop their minds but their hearts as well.
Know your priorities and set your goals right.
E. Evaluation

Directions: On a ¼ sheet of paper, give 5 examples of accounts with DEBIT Normal Balance and
5 examples of CREDIT Normal Balance.

ANSWERS for checking:

Debit Normal Balance Credit Normal Balance

1. Cash 6. Owner, Capital
2. Accounts Receivable 7. Revenue/Income
3. Owner, Withdrawal 8. Liabilites
4. Land 9. Allowance for Doubtful Accounts
5. Supplies 10. Accumulated Depreciation

F. ASSIGNMENT
Directions:
1. Enter the amounts on the space provided to reflect the effects of these transactions on these
accounts.
2. Journalize the transactions with proper explanation.
3. Write your assignment on a ½ sheet of paper.

Transactions Asset Liabilities Equity Income Expenses

1. Owner invested P400,000 cash
2. Purchased office equipment on account, P300,000
3. Rendered services for cash P45,000
4. Rendered services on account, P120,000
5. Owner withdrew cash of P30,000 for personal use
6. Collection of account, P90,000
7. Payment of accounts related to no. 2 transaction,
P300,000
8. Purchased supplies on account, P10,000
9. Payment of salaries expenses for cash, P76,000
Prepared by: Checked by:

MARIA BENNA D. MENDIOLA SUSAN C. COMALING

T-II OIC-HT, SHS

Noted by:

JULIET S. LAPIZ
School Principal II