Republic of the Philippines

DEPARTMENT OF EDUCATION
Region VII Central Visayas
DIVISION OF CEBU
Learning Area: Detailed Lesson Plan (DLP)

DLP No.: Grade Level: Quarter: Duration: Date:

36 FABM1 11 2nd 120 MINUTES September 30, 2019

The learners prepare a trial balance. CODE

Learning Competency/ies:
ABM_FABM11-Ivad-32

Key Concepts / Understandings to be

Developed The Accounting Cycle of a Service Business-Preparing a Trial Balance
Adapted Cognitive
Domain Process Dimensions OBJECTIVES:
(D.O. No. 8, s. 2015)

Knowledge Remembering Describe what is a trial balance

The fact or condition of knowing
something with familiarity gained
through experience or association
Understanding

Applying
Generate a trial balance from the ledgers
Skills Analyzing
The ability and capacity acquired
through deliberate, systematic, and sustained
effort to smoothly and adaptively carryout
complex activities or the ability, coming from
one's knowledge, practice, aptitude, etc., to Evaluating
do something

Creating

Receiving
Attitude Phenomena Manifests persistence

Values Valuing Orderliness

2. Content Business Transactions and Their Analysis

3. Learning Resources FABM 1 textbook, hand-outs, board work

4. Procedures
4.1 Introductory Activity
Q & A: (Ask the learners and generate ideas with the questions)
(5 minutes) Who among of you here knows how to drive a bicycle? A motorcycle?
What is our proof that we know how to drive? (we know how to balance)

4.2 Activity Drill: Prepare T-accounts of the following transactions:

(15 minutes) 1. Mr. Ty invested P50 000 as initial investment in the business
2. Paid rent for the month, P10 000
3. Purchased cleaning supplies, P3 500
4. Collected P9 500 for car wash services
5. Paid the cleaning boy's salary, P5 000

4.3 Analysis Based on the following transactions, how do we prove the equality of debits and credits? What
(5 minutes) is a trial balance? How do we prepare a trial balance?

4.4 Abstraction
Discuss the Step 4 of the accounting cycle, which is preparing the trial balance. Tell the
(10 minutes) learners that if journalizing is done through a journal, posting is done through a ledger,
then balancing or proofing is done through trial balance. The following concept shall be
emphasized:
"A trial balance is a diagnostic tool. It is a report that summarizes the debit and credit
entries of each account in the ledger."

4.5 Application Let us prepare a trial balance out of this transactions:

(15 minutes) 1. Made cash investment to the business, P400 000.
2. Rendered service on account, P20 000.
3. Borrowed money from a bank with a note issued, P30 000.
4. Received cash for services rendered, P5 000.
5. Withdrew cash from the business, P10 000.
6. Paid business permits, P4 000.
7. Received a promissory note for services rendered, P25 000.
8. Collected a customer’s account, P12 000.
9. Paid the promissory note issued, P21 000.e
10. Paid salaries to employees, P32 000.

4.6 Assessment Discussion on the presented trial balance with the following guide
questions:
Anlysis of 1. How many T-accounts can be illustrated from the transactions?
Learners' Products 2. What are the account balances of each account?
3. Are the debits and credits equal?
 Discussion on the presented trial balance with the following guide
questions:
Anlysis of 1. How many T-accounts can be illustrated from the transactions?
Learners' Products 2. What are the account balances of each account?
3. Are the debits and credits equal?
(30 minutes)
4.7 Assignment
Enhancing / improving the day’s lesson

4.8 Concluding Activity

(3 minutes)

5. Remarks
6. Reflections
A. No. of learners who earned 80% in the C. Did the remedial lessons work? No. of learners who have caught up with the
evaluation. lesson.

B. No. of learners who require additional

activities for remediation. D. No. of learners who continue to require remediation.

E. Which of my learning 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:
Name: JUNAR DEE School:
Position/ Designation: T3 Division:
Contact Number: Email address: