Professional Documents
Culture Documents
DAY 1
I. OBJECTIVES At the end of the lesson students will be able to:
Describe Financial Statement
Discuss the basic guidelines in the preparation of financial statements; and
Prepare financial statements.
A. Content Standards The learners demonstrate an understanding of the process of preparing financial statements as well as the methods or tools of analysis of financial statements, including
horizontal analysis, vertical analysis, and financial ratios to test the level of liquidity, solvency, profitability, and stability of the business.
B. Performance
Standards The learners will be able to solve exercises and problems that require financial statement preparation, analysis, and interpretation using horizontal and vertical analyses, and
various financial ratios.
C. Learning Prepare financial statements (ABM_BF-IIIb-6)
Competencies/Objectives
Write the LC code for
each
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.
For this day lesson the learners will review of 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 learning. Ensure that there is a mix of concrete and manipulative materials as well as paper-based materials. Hands-
RESOURCES on learning promotes concept development.
A. References
1.Accounting System
2. Debit
3. Credit
4. Transactions
5. Double-Entry Accounting
6. Journal Entry
7. Journals
8. Accounting
9. Special Journals
11. Account
12. Ledger
13. Posting
The Accounting Equation, T-Account Analysis , Nominal Accounts, The Accounting Cycle, Basic Financial Statements.
E. Discussing new The term financial statement is a report that covers a period of time and summarizes all the revenues (money taken in) and subtracts the expenses (money
concepts and practicing used) to come up with a difference which is Net Income, Profit or Earnings.
new skills #2
F. Developing mastery How the Accounting Cycle does occur?
G. Finding practical Explain the importance of the financial statement for the students?
applications of concepts
and skills in daily living
H. Making What is the main reason of each business why business needs to check in detail their financial reports?
generalizations and
abstractions about the
lesson
I. Evaluating learning Quiz: Indicate whether the following items would appear on the income statement (IS), or balance sheet (BS)
A. ________ Office Supplies
B. No. of learners who ___% No. of learners who require additional activities for remediation who scored below 80%.
require additional
activities for remediation
who scored below 80%.
C. Did the remedial lessons YES, ___% No. of learners who have caught up with the lesson.
work? No. of learners who
have caught up with the
lesson.
D. No. of learners who ___ No. of learners who continue to require remediation
continue to require
remediation
VI.REFLECTION 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 what help your instructional supervisors can provide for
you so when you meet them, you can ask them relevant questions.
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?