Subject: Accountancy Business and Management 2

Time: 8:15 – 9:15 A.M.

Date: March 7, 2019
Gr. & Sec.: 12-GA-2A
Quarter: 4th
Lesson: 5
I. OBJECTIVES:
A. CONTENT STANDARD
The learners demonstrate understanding of;
 The types of bank accounts, basic transactions, and documents related to bank deposits and withdrawals

B. PERFORMANCE STANDARD
The learners shall be able to share samples of bank account forms and documents in class and discuss their uses and importance

C. LEARNING COMPETENCIES
 Differentiate a savings account and a current or checking account (ABM_FABM12-IIc-6)
 Prepare bank deposits and withdrawal slip (ABM_FABM12-IIc-7)

II. CONTENTS
 Basic Documents and Transactions related to Bank Deposits
III. LEARNING RESOURCES
 References: Fundamentals of Accountancy, Business & Management 2, Rafael Lopez, Jr. (pg. 110 - 113)
 Materials: Visual aid
 Values: Collaboration

IV. Procedure
A. Reviewing previous lesson or presenting the new less
- What are the two kinds of book of accounts?
The kinds of books of accounts are
1. Journal
2. Ledger
B. Establishing a purpose for the Lesson
Do you have a bank account? What is your purpose of your account?
Why you choose a bank?

- Safety purposes
- Forced to save
- Gifts from parents
C. Presenting examples / Instances of the Lesson
Activity
You won the lotto jackpot prize worth Thirty Million (P30,000,000). Presenting example / Instances of the Lesson
One of your friend advice to put your money in the bank, open savings and a
checking account but your mother want to invest your money in a
networking were your money will be double after one month.

Questions:
1. What will you choose? The advice of your friend or the advice of
your mother? Why?
2. What is the difference between savings and investment?

D. Discussing new concepts and practicing new skills #1.

1. What are the two kinds of accounts related to bank
deposits?

2. Describe each accounts related to bank deposits

- Savings Account and Current or checking account.

 Savings Account – the depositor is given a passbook or a

bankbook by the bank wherein this book must be
presented every time deposits and withdrawals are
made. The money deposited under savings account
normally earns interest.
 Current or checking account – the depositor is required
to accomplish a deposit slip whenever deposit is made.
The bank will provide the depositor with a checkbook. A
checkbook contains checks whereby the depositor
makes use of this in making withdrawal. The check must
be properly filled-up and the depositor affixed his
signature. The payee of the check will present the said
E. Discussing new concepts and practicing new skills #2
  Example of deposits slip under savings and current or checking check to the bank for encashment or may be deposited
accounts under the payee’s account name.

Sample of a Bank Withdrawal Slip

Sample of a Bank Deposit Slip

Check
 F. Developing mastery
Steps in Preparation of bank deposits and a withdrawal slip
 Withdrawal Slip
 Account Name - the name of the depositor
 Account Number – the unique identifier given by the bank
for every account maintained
 Date of the withdrawal
 Type of account - savings or current
 Currency
 Amount to be withdrawn - the amount that the depositor
wishes to withdraw from his account. The amounts in words
and in figures are indicated.
 Signature of the Depositor

Deposit slip
 Account Name – this is the complete name of the depositor
that is reflected in the records of the bank. If it has a pass
book, the account name is indicated on first page inside the
passbook.  Savings account and current or checking account.
 Account Number – this is a unique identifier of the account
maintained by the depositor.
 Date of Deposit
 Type of Account
 Currency
 Amount in words and in figures

Which is easier to prepare, withdrawal slip or bank deposits? Why?

G. Finding practical applications of concepts and skills in daily

living (application)
 If you are given opportunity to choose to open an account,
which will you prefer? Why?

H. Making Generalizations and abstraction about the lesson

 What are the two kinds of accounts related to bank

deposits?

I. Evaluating Learning
Direction: Encircle the correct answer
1. WHY DO BUSINESSES OPEN BANK ACCOUNTS?
a. Security c. safety
b. To earn interest d. all of the above
2. WHAT IS THE MOST DELICATE ASSETS THAT A BUSINESS
POSSESED?
a. Cash c. land
b. Building d. None of these
3. WHAT KIND OF ACCOUNT, WHERE THE DEPOSITOR IS GIVEN A
PASSBOOK OR A BANKBOOK BY THE BANK WHEREIN THIS BOOK
MUST BE PRESENTED EVERY TIME DEPOSITS AND WITHDARWALS
ARE MADE?
a. Check account c. Automated time machine
b. Savings Account d. none of these
 4. WHAT ARE THE INFORMATION REQUIRED IN THE WITHDRAWAL
SLIP WHEN THE DEPOSITOR WANT TO WITHDRAW FROM THE
BANK?
a. Account name and account number
b. Date of withdrawal and type of account
c. amount to be withdrawn and signature
d. all of the above
5. WHAT KIND OF ACCOUNT, WHERE THE BANK WILL PROVIDE THE
DEPOSITOR WITH A CHECKBOOK?
a. Savings account
b. Withdrawal
c. current or checking account
d. ATM

J. Additional activities for application or remediation

 Identify and prepare checks

V. REMARKS
 The learning objectives was carried – out throughout the
session, the learners able to identify the accounts related to
bank deposits and able to prepare the correct information
needed in the withdrawal and deposits slip by giving
sample.

VI. REFLECTION

A. No. of learners who earned 80% of the formative assessment

14

B. No. of learners who require additional activities for remediation

none

C. Did the remedial lesson work? No. of learners who have caught
up with the lesson N/A

D. No. of learners who continue to require remediation

None

E. Which of my teaching strategies work well? Why did these work?

Individualized activities

F. What difficulties did I encounter which my principal or supervisor

can help me solve? Lack of learning materials

G. What innovation or localized materials did I used/discover which I Using power point presentation and tv monitor
wish to share with other teachers?

Prepared by:

BRENDA S. COLMINAR
Teacher