Republic of the Philippines

Department of Education
Region XI
Division of Tagum City

LESSON PLAN IN FUNDAMENTALS OF ACCOUNTY, BUSINESS AND

I. Content Standard:
The learner demonstrates the accounting equation.
Performance Standard:
The learner shall be able to solve problems applying the accounting equation.
Learning Competency:
The learner illustrates the accounting equation. (ABM_FABM11-IIIb-c-17)
Learning Objectives:
At the end of the lesson 80% of the students are expected to:
o illustrate accounting equation.
o Use accounting equation in business transactions.

II. Content:
Topic: ACCOUNTING EQUATION
Reference: Basic Accounting by Win Ballada pages 65-79
Materials: PowerPoint presentation, cartolina, pentel pen, speaker and ball

III. Procedures:

A. Routinary Activities
 Prayer
 Cleanliness and Orderliness/Arrangement of Chairs
 Checking of Attendance/ID/Uniform

B. Lesson Development
 Review: ““Look-8” Locate the account types.”
 Motivation: ANAGRAM Games
An ANAGRAM is a type of word play, the result of rearranging the
letters of a word or phrase to produce a new word or phrase, using all the
original letters exactly once.
Example: CCOUNATING can be rearranged into ACCOUNTING.

C. Lesson Proper
A. Activity
i. The teacher will present a picture and situations to the students
which will lead the accounting equation be given.
ii. Group Activity: The class will be divided into 4 groups. Each
group will be given a business transaction and classify using
accounting equation with corresponding amount. Each group will
present their work. The first transaction is given.
1. Mrs. Aguirre invested P30, 000 to open a business.
Assets = Liabilities + Owner’s Equity
Cash (P30,000) = Aguirre, Capital (P30,000)
2. Purchased office supplies worth P3,000 and paid cash.(Group
1)
3. P5,000 worth of office equipment were purchased using credit
card. (Group 2)
4. Performed P5,000 worth of services for customer. (Group 3)
5. An emergency prompted Mrs. Aguirre to withdraw P1,000 for
personal use. (Group 4)

B. Analysis:
i. What is the accounting equation?
ii. How does the accounting equation affect by investment?
iii. How does the accounting equation affected by purchasing supplies
on cash?
iv. How does the accounting equation affected by acquiring asset on
account?
v. How does the accounting equation affected by received cash
payment for services?
vi. How does the accounting equation affect by withdrawal of cash for
personal use?

C. Abstraction
i. Guide the students on matching each term to its corresponding
definition.
ii. Show the effects on the given business transactions applying
accounting equation.

D. Application:
i. Group Activity: The class will be divided into 4 groups. Each
group will be given a business transaction and classifies the effect
of each account. Each group will present their work.

IV. Assessment
Directions: For each transaction, indicate whether the assets (A), liabilities (L) or
owner’s equity (OE) by placing the appropriate amount in the appropriate column.
A = L + OE
1. Ms. Soberano invested P25,000 of cash
in business. _____ _____ ______
2. Office equipment was purchased on credit
worth P7,000. _____ _____ ______
3. Rendered services to the client and received
service fee amounted to P8,000. _____ _____ ______
4. Rent of P850 was paid for the month. _____ _____ ______
5. The owner withdraws P1,000 cash for
personal use. _____ _____ ______

V. Assignment: