Republic of the Philippines

Department of Education
Region IX, Zamboanga Sibugay
SURABAY NATIONAL HIGH SCHOOL
Surabay, R. T. Lim, Zamboanga Sibugay
School ID: 303866

School SNHS- SENIOR HIGH SCHOOL Grade Level and Section 12

Teacher ROMEL B. PALADO Learning Area Entrepreneurship
Teaching Dates and Time JANUARY 16-20, 2023

DEWEY T/Th 7:40-9:40

DAILY LESSON LOG PLATO T 3:00-4:00
W/Th/F 1:00-2:00 Quarter Second
SARTRE T 2:00-3:00
W 10:00-12:00/2:00-3:00
SOCRATES M 3:00-4:00
W/Th 3:00-4:00

Session 1 Session 2 Session 3 Session 4

At the end of this week the learners should be able to:
 Differentiate bookkeeping and accounting;
I. OBJECTIVES  Records the benefits of bookkeeping;
 Perform bookkeeping tasks; and
 Enhance literacy and numeracy skills

A. Content Standards The learner demonstrates understanding of concepts, underlying principles, and processes of starting and operating a simple business.
B. Performance
The learner independently or with his/her classmates starts and operates a business according to the business plan and presents a terminal report of its operation.
Standards
Prepare an income statement and a balance
sheet
C. Learning Prepare an income statement and a balance CS_EP11/12ENTREP-0a-i-21 Generate an overall report on the
Generate an overall report on the activity.
Competencies/ sheet Identify where there is a profit or loss for a activity.
CS_EP11/12ENTREP-0-j-23
Objectives CS_EP11/12ENTREP-0a-i-21 business; CS_EP11/12ENTREP-0-j-23
CS_EP11/12ENTREP-0a-i-22

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.
 Prepare Financial Statement Prepare Financial Statement Prepare Financial Statement Prepare Financial Statement

III. LEARNING List the materials to be used in different days. Varied sources of materials sustain children’s interest in the lesson and in the learning. Ensure that there is a mix of concrete and
RESOURCES manipulative materials as well as paper-based materials. Hands-on learning promotes concept development.
A. References
1. Teacher's Guide
N/A
pages
2. Learner's
Material pages
3. Textbook's
pages N/A
4. Additional
Materials from
Learning Resource
(LR) portal Powerpoint Presentation
B. Other Learning
Resources
These steps should be done across the week. Spread out the activities appropriately so that the students will learn well. Always be guided by demonstration of learning by the students which you can infer
IV. PROCEDURES 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 CATCH-UP Literacy CATCH-UP NUMERACY CATCH-UP Literacy CATCH-UP NUMERACY

previous lesson or (Reading Comprehension)
presenting the new
RAPID GROWTH.
lesson
3 min: Give the synonyms of the unfamiliar
words.
6 min: Reading and sharing of ideas about
the passage RAPID GROWTH.
6 min: Comprehension Check (5-item solve)
multiple choice)
Review of the past lesson: What are the
functions of bookkeeper?
Recording financial transactions, posting
credits and debits, producing invoices,
maintaining and balancing and completing
payroll.
Adding of Functions (Reading Comprehension) Subtraction of Functions
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3min: Do a quick review of adding integers. 3min: Do a quick review of
3 min: Spelling and using it to sentence. subtracting integers.
6 min: illustrate how to add functions
6 min: Reading and sharing of ideas 6 min: illustrate how to subtract
6 min: Group Activity (Group the learners about the passage advertisement functions. (Keep Change
into 5. Each group has different problem to Change) or KCC RULE
6 min: Comprehension Check (5-item
multiple choice) 6 min: Independent Practice
(Solving Functions)
REVIEW OF THE PAST LESSON REVIEW OF THE PAST LESSON REVIEW OF THE PAST
 What is financial statement? What is the difference between the LESSON
Financial statement is written records bookkeeper and accountant? What are the parts of parts of
to determine whether the company will The bookkeeper are responsible for financial plan that the bookkeeper
earn profit. recording business transactions and needs to do?
making of financial statements while the These are income statement,
accountant are responsible of analyzing owners’ equity statement,

B. Establishing a In this lesson You are now able to perform
purpose for the bookkeeping tasks. In this Learning activity
lesson sheet, you will learn how to identify and
interpret profit and loss by preparing the
financial statements.
C. Presenting Financial Statements written records to
examples/ instances determine whether the company will earn profit
of the new lesson and will have enough cash from operations to
finance all its requirements. Companies
prepare four financial statements from the
summarized accounting data.
 Income Statement or Profit and Loss
Statement or Statement of Financial
Condition or Statement of Operations
 Statement of Cash Flows
 Balance Sheet or Statement of
Financial Position
 Owner’s Equity Statement
D. Discussing new Income Statement or Profit and Loss
concepts and Statement or Statement of Financial Condition
practicing new skills or Statement of Operations presents the
#1 revenues, expenses and resulting net income
or net loss for a specific period. Net Income
results when revenues exceed expenses. Net
Loss occurs when expenses exceed revenue.
Statement of Cash Flows reflects the amount
of cash received by the enterprise and the
Prepare Income Statement/ Profit and
Loss Statement/ Statement of Operations/
Statement of Financial Condition
Financial statement
 Income statement- a document of
income by the specific duration of
time. It will be prepared by the
bookkeeper and audited by the
accountant.
 Owners Equity Statemet- summarizes
the changes in owner’s equity at a
specific time. It will be prepared by the
bookkeeper and audited by the
accountant.
Income statement
Here are some of the steps to guide you in
preparing income statement.
 The heading at the center of the
sheet: Name of your Business and
the period covered.
 Start with the Revenue or Sales.
 Compute your expenses and
deduct from your revenue.
the records.
Prepare Income Statement/ Profit
and Loss Statement/ Statement of
Operations/ Statement of Financial
Condition
Financial statement
 Balance sheet- presents the
financial position of the business.
Reports the assets, liabilities and
owner’s equity at a specific
period. Total assets must equal
total liabilities and owner’s equity.
 Statement of Cash Flows reflects
the amount of cash received by
the enterprise and the cash spent
for operations. It summarizes the
cash inflows (receipts) and cash
outflows (payment) for a specific
period. The statement of cash
flows reports: (1) the cash effect
of company’s operations during a
period; (2) its investing
transactions; (3) its financing
transactions; (4) the net increase
or decrease in cash during the
period; and (5) the cash amount
at the end of the period.
Prepare Balance Sheet .
Here are some of the steps to guide you.
--The heading at the center of the sheet:
Name of your Business and the period
covered.
--Determine your assets, liabilities and
owner’s equity.
--Compute all your assets, liabilities and
owner’s equity
balance sheet and cash flow
statement.
When are the five major accounts?
The major accounts are asset,
expense, liability, equity, and
revenue account.
How to make a summary of your
financial statement?
To make a summary of a financial
statement make it sure that all the
transactions are all recorded and
arrange in order. Always remember
that you have 3 accounts the assets,
liabilities and owners’ equity. Each
transaction has its own reference for
you to be guided, you must read and
understand each transaction and
place it where dies it belong whether
it is in the asset, liabilities and
owners’ equity.
Prepare a summary of a financial
statement of Palado’s siblings milk
tea shop.
January 1, 2022 the Palado’s
siblings (Romel, Rodel, Chona and
Chonalyn) started a business of milk
tea shop. Which cater all ages in the
province. The siblings invested
100,000.00 each.
 cash spent for operations. It summarizes the  Include the signatories, who --Include the signatories, who prepare, January 3, 2022 the siblings bought
cash inflows (receipts) and cash outflows prepare, audit and approve the audit and approve the balance sheet. a machine worth 50,000.00 for their
(payment) for a specific period. The statement income statement report. Befriend’s Dress Shop shop.
of cash flows reports: (1) the cash effect of Balance Sheet Next day, the siblings finally bought
company’s operations during a period; (2) its Befriend’s Dress Shop For the month Ended Nov. 30,2020 the ingredient of their business
investing transactions; (3) its financing Income Stement Assets amounting to 10,000.00.
transactions; (4) the net increase or decrease cash 808,451 Then day after, they decided to
For the month Ended Nov. 30,2020
in cash during the period; and (5) the cash purchase a utility motorcycle to cater
Revenues supplies 20,000
amount at the end of the period. the demand of the customers who
Sales Revenue 380,000 equipment 285,000
Expenses total asset 1,113,451 are convenient with the free delivery
Salaries expemse-8,500 amounting to 100,000.00 credited to
Utilities - 2,750 liabilities and owners equity Emcor.
Internet Expense-1,299 liabilities January 15, 2022, they purchase
Total expenses 12,549 accounts payable 250,000 office supply and ingredients supply
Net Income 367,451 owners equity for 20,000
owners capital 861,451 On January 17 they received a bulk
total liabilities and of order worth 450,000.00 in cash
Prepared by: Audited by:
owners equity 1,113,451 from the employee of the land bank
during its anniversary.
Romel B. Palado Jane D. Leon,CPA
January 18, 2022, the siblings paid
Bookkeeper Accountant Prepared by: Audited by:
the 4 sales lady 1,500 each and
sales clerk 2,000.
Romel B. Palado Jane D. Leon,CPA January 20, 2022 the siblings
Bookkeeper Accountant accepted another bulk of order from
Surabay NHS teachers and staff
amounting 25, 000.00 on credit. 1
E. Discussing new Balance Sheet or Statement of Financial Prepare Owner’s Equity Prepare Statement of Cash Flows week later the Siblings received the
concepts and Position presents the financial position of Based on the Summary of Transactions it Here are some of the steps to guide you. payment.
practicing new skills may be easy for you to prepare owner’s 1. The heading at the center of the
the business. Reports the assets, liabilities January 23, 2022, the siblings paid
#2 equity statement. Here are some of the steps
and owner’s equity at a specific period. sheet: Name of your Business their electric bill of 10,000 and water
Total assets must equal total liabilities and to guide you. and the period covered. bill of 5,000.
owner’s equity. 1. The heading at the center of the 2. Determine your cash flows from On the same day, the siblings
sheet: Name of your Business and operating activities, cash flows decided to withdraw 2,500 each for
the period covered. from investing activities and cash their daily needs.
Owner’s Equity Statement summarizes the
changes in owner’s equity at a specific 2. Start with the Owner’s capital, the flows from financing activities.
total investments or beginning 3. Include the signatories, who
period.
capital. prepare, audit and approve the
3. Compute all the owner’s drawings cash flows statement.
and deduct from the capital. Befriend’s Dress Shop
Statement of Cash Flows
 4. Add net income. For the month Ended Nov. 30,2020
5. Include the signatories, who Cash flow operating act.
prepare, audit and approve the Cash revenues 380,000
owner’s equity report. Cash payment 12,549
Net cash from operating act. 367,451
Befriend’s Dress Shop
Income Stement
For the month Ended Nov. 30,2020 Cash flow from investing act.
Owners beg. Capital Purchase equipment 35,000
Ms.Joana 250,000 Purchase supplies 50,000
Ms. Erika 250,000
Total beg. Income 500,000 Cash flow from financing act.
Investment owner 500,000
Add. Income 367,451
Drawing by owners 4,000
Total Owner’s Equity 867,451
Net increase in cash 808,451
Less owner’s drawing
Cash bal. at beginning 000
Ms. Joana drawing 2,000
Csh at the end 808,451
Ms. Erika drawing 2,000 4,000
Ttl: owner’s Equity Nov. 30, 2020
Prepared by: Audited by:
863,4551

Romel B. Palado Jane D. Leon,CPA

Prepared by: Audited by:
Bookkeeper Accountant

Romel B. Palado Jane D. Leon,CPA

Bookkeeper Accountant
F. Developing Transaction 1: Investment by owner Prepare an income statement of the given:
Prepare a balance sheet and cash flo
mastery (Leads to In 2020, Best friends Joana and Erika opened In November 20, 2022 the business of Mr. Using the given transactions above
Formative satement equity statement using the given
a dress shop. They cater to the plus size Palado has a revenue of 400,00.00 pesos. He after making a summary of the
Assessment 3) scenario below. financial statement you are going to
individuals in the city. On November 2, 2020, pays the salaries and wages of his employees
they invested 250, 000 each in cash. amounting to 150,000. He also pays for the prepare the income statement,
Date Title ref debit Credit internet connection for 10,000 pesos and January 1, 2022 the Palado’s siblings owners equity statement, balance
11-02- cash 001 500,000 utilities of the business amounting to 25,000 (Romel, Rodel, Chona and Chonalyn) sheet statement, and the cash flow
2020 pesos. started a business of milk tea shop. Which statement.
Joana 250,000 cater all ages in the province. The siblings
Palado’s Business
Erika 250,000
Income Statement invested 100,000.00 each.
For the month ended Nov. 30, 2022 January 3, 2022 the siblings bought a
Transaction 2: Purchase of Equipment for Revenues machine worth 50,000.00 for their shop.
Cash Sales Revenue 400,000 Next day, the siblings finally bought the
On November 3, 2020, they purchased sewing Expenses ingredient of their business amounting to
equipment worth 35, 000 from Patahian Store. Salaries and wages 150 000
10,000.00.
Date Title ref debit Credit Utilities 25 000
 11- Sewing 002 35,000 Internet 10 000
03- equipment Total expenses 185 000
2020 Then day after, they decided to purchase a
Net income 315,000
Cash 35,000 utility motorcycle to cater the demand of the
customers who are convenient with the free
Prepared by: Audited by:
delivery amounting to 100,000.00 credited
Cardo S. Dalisay Jipolito S.Dima to Emcor.
Bookkeeper Accountant January 15, 2022, they purchase office
G. Finding practical Transaction 3: Purchase of Vehicle on Credit Prepare the owner’s equity statement supply and ingredients supply for 20,000
applications of On the same date Nov. 3, 2020, they also November 10,2022 Mr. Palado decides to build On January 17 they received a bulk of order
concepts and skills in purchased utility van worth 250,000 on credit his own business, he sarted a capital of worth 450,000.00 in cash from the
daily living from Pidalinmo Shop. 200,000. Ever the weeks hes ears 25,000 pesos employee of the land bank during its
Date Title ref debit Credit and he dicided to withdraw 10,000 pesos in his anniversary.
11- vehicle 003 250,000 income. Make a owner’s equity statement.
January 18, 2022, the siblings paid the 4
03- Palado’s Business
sales lady 1,500 each and sales clerk
2020 Owner’s equity Statement
Accounts payable 250,000 For the month ended Nov. 30, 2022 2,000.
Owners beg. Capital 200,000 January 20, 2022 the siblings accepted
Transaction 4: Purchase of supplies in cash Additional income 25,000 another bulk of order from Surabay NHS
Total owners equity 225,000 teachers and staff amounting 25, 000.00 on
On November 6, they purchased worth of
Less owners drawing 10,000 credit. 1 week later the Siblings received
5,000 office supplies, 15,000 of sewing
Total Owners Equity 215,000 the payment.
supplies from Pandayan Store and Patahian
Store. January 23, 2022, the siblings paid their
Prepared by: Audited by: electric bill of 10,000 and water bill of
Date Title ref debit Credit
11- Office 004 5,000 5,000.
06- supplies Cardo S. Dalisay Jipolito S.Dima
Bookkeeper Accountant On the same day, the siblings decided to
2020 Sewing 005 15,000
withdraw 2,500 each for their daily needs.
supplies
Cash 20,000

H. Making The financial statements records or documents
generalizations and will be used by the bookkeeper to entry the
abstractions to the transactions happen in the business. This
lesson document will help the accountant to easily
analyze and interpret the business if is
productive or not. Through these reports you
may easily observe the discrepancies
happening in your business.
In making financial statement (Income
Statement and Owner’s Equity Statement) you
should analyze the data or transactions happen
during the specific period. Always remember
that the bookkeeper will be the one to prepare
the financial statement and will be analyze or
audited by the accountant.
In making financial statement (Balance
sheet and cash flow statement) you should
analyze the data or transactions happen
during the specific period. Always
remember that the bookkeeper will be the
one to prepare the financial statement and
will be analyze or audited by the
accountant.
In writing the summary of your
financial statement helps you to
make the other statements work
easier. Through your summary it will
tell you if you have the profit or don’t
have.

I. Evaluating learning Formative Assessment Formative Assessment Formative Assessment Formative Assessment
Identify the following statement: ( Making of Financial Statement) ( Making of Financial Statement)
Prepare a financial statement of the following:

1. Transaction 5: Receipt of cash from services
provided
On November 10, they completed school
uniforms for SHS students of Sapang Bato
National High School worth 350,000.
2. Transaction 6: Payment of Expenses
On November 15, 2020. They paid the three
sewers 2,000 each and the office clerk 2,500.
3. Transaction 7: Services provided for credit
On November 18, they accepted to provide
service from Sapang Bato Elementary school
for Faculty T-shirts amounting to 30,000 on
credit.
4. Transaction 8: Receipt of Cash on Account
On November 29, they received payment from
Sapang Bato Elementary school for Faculty
Tshirts amounting to 30,000.
5. Transaction 9: Payment of Expenses
November 30, they paid electric of 2,000,
water bill worth 750.00 and internet connection
for 1299.
6. Transaction 10: Withdrawal of cash by
owners
On November 30, Joana and Erika withdrew
2,000 each for personal use.
Prepare a summary of the financial
Prepare an balance sheet and cash flow
statement of the following
satement using the given scenario below.
Prepare an income statement and owners transactions.
equity statement using the given scenario
January 1, 2022 the Palado’s siblings
below. December 1, 2022 the couple
(Romel, Rodel, Chona and Chonalyn)
(Daniel and Kathryn) started a
started a business of milk tea shop. Which
January 1, 2022 the Palado’s siblings (Romel, business of Burger shop. Which
cater all ages in the province. The siblings
Rodel, Chona and Chonalyn) started a business cater all ages in the province. The
invested 100,000.00 each.
of milk tea shop. Which cater all ages in the couple invested 500,000.00 each.
January 3, 2022 the siblings bought a
province. The siblings invested 100,000.00 December 3, 2022 the couple bought
machine worth 50,000.00 for their shop.
each. a place worth 100,000 for their shop.
Next day, the siblings finally bought the
January 3, 2022 the siblings bought a machine Next day, the couples finally bought
ingredient of their business amounting to
worth 50,000.00 for their shop. the machineries and equipment
10,000.00.
Next day, the siblings finally bought the worth 250,000.
Then day after, they decided to purchase a
ingredient of their business amounting to Then day after, they decided to
utility motorcycle to cater the demand of the
10,000.00. purchase a utility motorcycle to cater
customers who are convenient with the free
Then day after, they decided to purchase a the demand of the customers who
delivery amounting to 100,000.00 credited
utility motorcycle to cater the demand of the are convenient with the free delivery
to Emcor.
customers who are convenient with the free amounting to 100,000.00 credited to
January 15, 2022, they purchase office
delivery amounting to 100,000.00 credited to Emcor.
supply and ingredients supply for 20,000
Emcor. Decembe 15, 2022, they purchase
On January 17 they received a bulk of order
January 15, 2022, they purchase office supply office supply and ingredients supply
worth 450,000.00 in cash from the
and ingredients supply for 20,000 for 20,000
employee of the land bank during its
On January 17 they received a bulk of order On Decembe 17 they received a bulk
anniversary.
worth 450,000.00 in cash from the employee of of order worth 500,000 in cash from
January 18, 2022, the siblings paid the 4
the land bank during its anniversary. the birthday party.
sales lady 1,500 each and sales clerk
January 18, 2022, the siblings paid the 4 sales Decembe 18, 2022, the couple paid
2,000.
lady 1,500 each and sales clerk 2,000. the 4 sales lady 5,000 each and
January 20, 2022 the siblings accepted
January 20, 2022 the siblings accepted another sales clerk 3,000.
another bulk of order from Surabay NHS
bulk of order from Surabay NHS teachers and Decembe 20, 2022 the couple
teachers and staff amounting 25, 000.00 on
staff amounting 25, 000.00 on credit. 1 week accepted another bulk of order from
credit. 1 week later the Siblings received
later the Siblings received the payment. Surabay NHS teachers and staff
the payment.
January 23, 2022, the siblings paid their electric amounting 50,000 on credit. A day
January 23, 2022, the siblings paid their
bill of 10,000 and water bill of 5,000. after the couple received the
electric bill of 10,000 and water bill of
On the same day, the siblings decided to payment.
5,000.
withdraw 2,500 each for their daily needs. Decembe 23, 2022, the couple paid
On the same day, the siblings decided to
their electric bill of 15,000 and water
withdraw 2,500 each for their daily needs.
bill of 10,000.
On the same day, the siblings
decided to withdraw 10,000 each for
 their anniversary celebration.

J. Additional activities
for application and
remediation
V. REMARKS
Reflect on your teaching and assess yourself as a teacher. Think about your students’ progress this week. What works? What else needs to be done to help the students learn? Identify
VI. REFLECTION
what help your instructional supervisors can provide for you so when you meet them, you can ask relevant questions.
A. No. of learners
who earned 80% on
the formative
assessment
B. No. of learners
who require
additional activities
for remediation
C. Did the remedial
lessons work? No. of
students who caught
up with the lesson
D. No. of learners
who continue to
require remediation
E. Which of my
teaching strategies
work well? Why did
these work?
F. What difficulties
did I encounter which
my principal or
supervisor help me
solve?
G. What innovation or
localized materials
did I use/discover
which I wish to share
with other teachers?

Prepared by: Reviewed by: Approved by:

ROMEL B. PALADO JANICE F. RAMOS, M.A. REY R. GUTIERREZ, E.D.

Teacher-II Master Teacher-II Assistant Principal-II