School SAN PEDRO APARTADO NHS Grade Level 11

GRADES 1 TO 12 Teacher MARILYN N. TAMAYO Learning Area Fundamentals of ABM1

DAILY LESSON LOG Teaching Dates and Time Quarter 1ST

Tuesday Wednesday Thursday Friday

I. OBJECTIVES Objectives must be met over the week and connected to the curriculum standards. To meet the objectives, necessary procedures must be followed and if needed, additional lessons, exercises and remedial activities may be done for developing content knowledge
and competencies. These are assessed using Formative Assessment strategies. Valuing objectives support the learning of content and competencies and enable children to find significance and joy in learning the lessons. Weekly objectives shall be derived from
the curriculum guides.
A. Content Standards The various forms of business organization, as follows: The types of business according to activities, particularly: Accounting concepts and principles
1. The definition, nature, function, 1. sole / single 1. Service Business
and history of accounting proprietorship 2. Merchandising Business
2. the varied branches and areas of accounting, 2. partnership 3. Manufacturing business
particularly 3. corporation
1. financial accounting 4. cooperatives
2. management accounting
3. government accounting
4. auditing
5. tax accounting
6. cost accounting
7. accounting education
8. accounting research
3. the external and internal
users of financial information

B. Performance 1. differentiate the forms of business organization in 1. Differentiate the types of business according to Identify generally accepted accounting principles
1. Cite specific examples in which terms of nature of ownership activities.
Standards
accounting is used in making 2. make a list of existing business entities in their 2. Make a list of business in their community according to
business decisions. community and identify the form of business their activities.
2.Make a list of business within organization
the community on the types of
accounting services they require
3. Solve exercises in the
identification of the branches of
accounting described through
the types of services rendered.
4. Solve exercises and
problems on the identification
of users of information, type
of decisions to be made, and
type of information needed
by the users
5. Cite users of financial
information and identify
whether they are external or
internal users.

C. Learning 1.differentiate the forms of business organization 1. Compare and contrast the types of business according 1. Explain the varied accounting concepts and
Evaluate the result of the ABM_FABM11-Ib-11 to activities ABM_FABM11-Ib-13 principles
Competencies/
chapter examinations 2. identify the advantages and disadvantages of each 2. Identify the advantages, disadvantages and business ABM_FABM11- IIIb-c-15
Objectives(Write the form ABM_FABM11-Ib-12 requirements of each type ABM_FABM11-Ib-14 2. Solve exercises on accounting principles as applied
LC code for each) in various cases
ABM_FABM11- IIIb-c-16
II. CONTENT Content is what the lesson is all about. It pertains to the subject matter that the teacher aims to teach in the CG, the content can be tackled in a week or two.
Forms of Business Organization Types of Business Organization Accounting Concepts and Principles

III. LEARNING List the materials to be used in different days. Varied sources of materials sustain children’s interest in the lesson and in learning. Ensure that there is a mix of concrete and manipulative materials as well as
RESOURCES paper-based materials. Hands-on learning promotes concept development.
A. References
1.Teacher’s Guide
pages
2.Learner’s Material
pages
3.Textbook pages Basic Accounting Made Easy, W.L Ballada, page 15-17 Basic Accounting Made Easy, W.L Ballada, page Basic Accounting Made Easy, W.L Ballada, page
4.Additional
Materials from
Learning Resource
(LR) portal
B. Other Learning
Resources
IV. PROCEDURES These steps should be done across the week. Spread out the activities appropriately so that students will learn well. Always be guided by demonstration of learning by the students which you can infer from formative assessment activities. Sustain learning
systematically by providing students with multiple ways to learn new things, practice their learning, question their learning processes, and draw conclusions about what they learned in relation to their life experiences and previous knowledge, indicate the time
allotment for each step.
A. Reviewing  Greetings  Greetings  Greetings  Greetings
previous lesson or  Attendance  Attendance  Attendance  Attendance
 How do you find the chapter exam  Discussion of the result of chapter test  Review of the forms of business organization Review of the Types of Business Organization
presenting the new
lesson

B. Establishing a Where was the easiest part, the hardest? Ask the students to enumerate business entity they are Ask the students to enumerate the business Ask the students. If you ever experienced breaking
familiar with. establishments that are common the locality. the rules for you or for others’ benefit?
purpose for the
Why? And How did it happen?
lesson

C. Presenting Return the test papers to the students Divide the business entities given by the students List down all the business establishments according to the Tell the students that being an accountant is not as
according to the forms of business organization type of business and ask the students, “what are common easy as 123, because it requires personality and
examples/instance
with the following group of business establishment”? attitude to perform the discipline of accounting.
s of the new
lesson

D. Discussing new Count the number of students who made mistakes for Introduce the forms of business organization: Introduce the lesson, Types of Business According to Introduce the lesson, Fundamentals Concepts of
each number. a. sole proprietorship activities. Accounting
concepts and
b. partnership
practicing new c. corporation
skills #1

E. Discussing new Give the differences and similarities of the forms of Discuss the advantages and disadvantages of the types of Introduce the lesson, Principles of Accounting
organization. business organization and its business requirements.
concepts and
Discuss the advantages and disadvantages of each type
practicing new
skills #2
F. Developing
mastery
(Leads to Formative
Assessment 3)

G. Finding practical Summarized the topics that most of the students made Why do you think we need to be aware of the history of What do you think is the best type of business? Why do you think the importance of knowing the
a wrong answer, accounting before we move forward to the basic When and where the each type of business is better than basic principles and concepts of accounting?
applications of
concepts of accounting? the other types? What do you think are the principles of accounting
concepts and skills that are applicable in our daily life?
in daily living

H. Making Do a remedial discussion Forms Owners capital Liability Types Main Inventory Concepts Characteristics Principles Characteristics
generalizations SP 1 Small Unlimited operation Entity Objectivity
P 2 or Medium Limited/unlimited Service Provide Service Concept
and abstractions more services Periodicity Historical
about the lesson C 5-15 large limited Merchandising Buy and Merchandise Concept cost
sell Stable Materiality
Manufacturing Production Raw Monetary
Materials, Unit
Work-in
Process and
Finished
goods
I. Evaluating learning Short quiz for the remedial class Characteristic Proprietorship Partnership Corporation Differentiate the three types of Business Organization. Case Study
Business entity yes yes yes You are a qualified accountant. You have been asked,
Legal entity no no yes by your line manager, to complete a costing exercise
Limited liability no no yes with a very short deadline and limited resources. You
think that the president
Unlimited life no no yes
Of the company is planning to use this information to
Business taxed no no yes
restructure the company, including making some of
One owner allowed yes no yes your close colleagues redundant. You are worried that
your work cannot be robust enough to be used for
such a big business decision, but your line manager is
putting you under a lot of pressure to complete the
work quickly.
Objectivity: Could you maintain an unbiased stance
throughout, in view of your close relationship with
your colleagues? Professional competence and due
care: Can you realistically produce a costing, with the
time and resources available, without compromising
the standard of your work? Confidentiality: Given the
sensitivity of the situation, you should maintain
discretion and not share your concerns with other
staff, who may not be aware of the president’s
intentions.
J. Additional activities Make a research on the types of business according to Make a research on the accounting concepts and Case Study
activities and examples of each type. principles You have recently become Head of Finance at
for application or
Company B, a company which provides catering
remediation services to the public sector. Your previous employer
was large public sector organization A where, as
finance manager, you had the opportunity to work on
areas relating to financial accounting, procurement,
contracts and bids. One of Company B’s major
 contracts is with organization A. The contract is now
up for renewal, and Company B is preparing a
competitive bid for this contract. You have been
asked to lead the team responsible for bidding for this
contract, but you are concerned that you might
breach confidentiality if you accept this assignment.
You also suspect that your knowledge and experience
of organization A were seen as good reasons for
appointing you to the position at Company B. You do
not want to let your new employer down. The loss of
such a major contract would have a significant effect
on the financial performance of Company B and its
performance-related bonus scheme for management.
Objectivity: Can you safeguard against the significant
self-interest threat which arises from Company B’s
performance-related bonus scheme? Confidentiality:
If you accept this assignment, can you ensure that
you do not use confidential information relating to
your previous employer to your advantage or to the
advantage of your current employer? Professional
behaviour: What can you do to safeguard your
reputation and the reputation of your employer and
your profession?
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
lesson 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
strategies worked
well? Why did
these work?
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: Check by: Noted:

MARILYN N. TAMAYO REYNALDO M. CAPALES ARLENE A. ABIANG

Teacher II SHS Asst. Principal II Principal III