DAILY LESSON LOG/PLAN

Teacher Jovelyn I. Vinluan Grade Level 11

Learning Area Fundamentals of Accountancy, Business and Management 2 Section/s ABM 11
Moncada National HS Teaching Week Week 4, Days 1-4 Quarter 3

DAY MONDAY TUESDAY WEDNESDAY THURSDAY

I. OBJECTIVES The learner demonstrates an understanding of the forms of business organization, namely, single proprietorship, partnership, and corporation, and the structure of a SCE of
A.Content Standards a single proprietorship that will equip him/her in the preparation of the said financial report
B.Performance The learners are able to solve exercises and problems that require preparation of SCI for a service business and a merchandising business
Standards
C. Learning The learners should be able to:
Competencies /  prepare an SCE for a single proprietorship ABM_FABM12-Ie-9
Objectives
Specific Learning Objectives:
1. Define Statement of Changes in Equity;
2. Identify the components of SCE;
3. Recognize the steps in preparing SCE
4. Prepare a Statement of Changes in Equity for a single proprietorship; and
5. Show appreciation on the importance of SCE in an organization.
II. CONTENT Statement of Changes in Equity or Statement of Owner’s Equity (Single Proprietorship)
III. LEARNING RESOURCES
A.References
1. Teacher’s Guide K12 Most Essential Learning Competency (MELC)
2. Learners’ Materials Self-Learning Module –Fundamentals of Accounting Business and Management 2, Quarter 3 – Module 2
3. Textbook Fundamentals of Accountancy, Business and Management 2, Beticon, Josefina L., et.al, Vibal Group, Inc.
B. Other Learning
Resources N/A
IV. PROCEDURES
A. Reviewing the The teacher will ask the learners to The teacher will ask the learners to The teacher will ask the learners: What are the accounts in the statement of
previous Lesson / identify the elements of the Statement discuss the steps in preparing SCE of a What are the components of SCE? changes in equity? Describe briefly.
Presenting the New of Comprehensive Income (SCI) single proprietorship.
Lesson Using the picture below, the teacher
will ask the learners to identify the
parts of SCE.
B. Establishing a The teacher will introduce the topic and The teacher will introduce the topic and The teacher will introduce the topic and The teacher will introduce the topic and
purpose for the present the objectives of the lesson using present the objectives of the lesson using present the objectives of the lesson using present the objectives of the lesson using
lesson a PowerPoint presentation. a PowerPoint presentation. a PowerPoint presentation. a PowerPoint presentation.

 Identify the accounts

under SCE.
C. Presenting examples/ Activity No. 1: Compute Your Identify the accounts/terms being The teacher will present an incomplete
instances of the new Personal Equity described. financial statement of ABM Consultancy
lesson Directions: Think and Write about all the Services.
assets that you have (anything that you 1. It is the account bearing the name of the The teacher will ask the learners:
own) and how much they cost. Then think owner. 1. What have you noticed about the
about whom you owe money (Liabilities 2. This account represents the Financial Statement presented?
to friends, family members, parents, etc.) withdrawals made by the owner from the
and how much you owe. Complete the business. (Notice that the financial position lacks
table below. Make sure to total the second 3. It is the investment that is gradually the owner’s equity amount.)
column (cost) and the fourth column added through to the business by the
(amount owed), then deduct the total owner during the course of operation.
liabilities from your assets. The net 4. Drawings of the owner in the business
amount you computed is designated as can either be cash or _________________.
your Equity. 5. The owner’s equity is a result of original
and additional investment decreased by
the withdrawals of the owner and
increased/decreased by ________________.

D. Discussing new The teacher shall discuss the Group Activity: The teacher will divide The previous activity shows that the
concepts and Statement of Changes in Owner’s the class into 4 groups. Each group will be owner’s equity account is needed to
practicing new skills Equity. given 10 minutes to answer the activity. balance the financial position.
#1 After the activity, a group presentation The teacher shows an illustration of how
will follow. these statements linked to each other.

Illustration:
Pedal Bike Parts has a beginning capital
for the month amounting to P 300,000, an
additional investment of P 15,0000, and a
net income of P 44,900. Mr. Pedal also
made withdrawals amounting to P 20,000.
Prepare a statement of changes in equity
for June 30, 2020.
 Required: Prepare the SCE.

E. Discussing new  
concepts and
practicing new skills
#2
F. Developing mastery Activity 2: Matching Type Compute for the missing figures: ENRICHMENT ACTIVITY 1 ENRICHMENT ACTIVITY 2
Directions: Match Column A with Column Saranghae Records Studio has a beginning PetMalu Animal Grooming Services has
B. Write your answer on your answer capital amounting P 250,000, an the following accounts. Prepare
sheet. additional investment of P 150,000, and a month-end statement of changes in equity.
net income of P 125,000. Ms. Gummy also
makes withdrawals amounting to P
78,000. Prepare the statement of changes
in
equity for February 28, 2020.

G. Finding practical The teacher will ask the learners to

applications of answer the following questions:
concepts and skills in
daily living  Why do you think there is a need
to compute for the changes in
equity?
 What do think will happen if
 businesses will not compute for
the SCE?
H. Making The teacher will ask the learners to The teacher will ask the learners to
generalizations and complete the steps in making SCE of a complete the following phrase to be
abstractions about single proprietorship. completed by the concepts they have
the lesson Step 1:___________________________ learned from the discussion:
Step 2:___________________________
Step 3:___________________________ I have learned that ….
Step 4:___________________________
Step 5:___________________________
Step 6:___________________________
Step 7:___________________________

I. Evaluating learning Fill in the blank. Prepare a statement of changes I equity. The teacher will give 10-item multiple- Activity 4: COMPUTE and PREPARE
choice questions. Directions: For 3-point each, compute the
ABM Merchandise has a beginning capital following problems.
for the month amounting P 25,000, an 1. Beginning Owner’s equity amounted to
additional investment of P 15,000, and a Php500,000. Net loss for the year totaled
net income of P 10,000. Ms. Magaling also Php50,000. No additional investments and
makes withdrawals amounting to P 3,000. withdrawals for the period. Compute
Prepare a statement of changes in equity for total increase in equity for the year.
for January 31, 2020. Ans. _______________________________
2. Ending owner’s equity amounted to
Php80,000. Additional investments during
the year amounted to Php50,000.
Withdrawals totaled P60,000. Compute
for
the company’s income for the year
assuming beginning equity is Php20,000.
Answer: ____________________________
3. Beginning Owner’s equity amounted to
P200,000. Net Income for the year
totaled P55,000. Additional Investment
during the year amounted to 30,000. No
withdrawals for the period. Compute for
total increase in equity for the year.
Ans. _______________________________
4. Owner, Pedro invested an initial capital
amounting P50,000 in order to put up
his car wash business. During the first
year of operations (2018), the business
had a loss of Php25,000. Because of this,
Pedro invested additional capital
amounting to Php50,000 in 2019. In the
second year (2019), the company had a
net income of Php100,000 and Pedro
 withdrew Php10,000 for personal use.
Compute for the ending capital balance of
Pedro for the year 2019.
Ans. _________________________________________
5. The following balances were taken from
the records of Jose Malabag’s Laundry
Services for the year ended December 31,
2019. Prepare the statement of
Changes in Equity of Jose Malabag’s
Laundry Services.
Capital, January 1, 2018 Php300,000
Withdrawals 50,000
Additional Investment 50,000
Net Loss 35,000
J. Additional activities  
for application of
remediation
V. REMARKS
VI. REFLECTION

FOR REFLECTION: B. Did the remedial lesson work? How many caught up with the lesson? D. What difficulties did I encounter which my principal or supervisor can help me solve?
A. No. of learners who C. Which of my teaching strategies worked well? Why did this work? E. What innovation or localized materials did I use / discover which I wish to share with
 learned in the evaluation other teachers?
 require additional remediation activities
 continue to require remediation

Prepared by: Checked: Noted:

JOVELYN I. VINLUAN NESTOR M. BAUTISTA, PhD MARIA GRACIA B. LEDESMA

Teacher II Master Teacher I Principal I