FRANCISCO P.

TOLENTINO NATIONAL Grade

GRADE School 12
HIGH SCHOOL Level
S 11 TO Fundamentals of
12 Teacher
Mrs. Emarilyn D. Bayot Learning
Accountancy, Business
DAILY Teacher II Area
and Management 2
LESSON Teaching
LOG Dates July 3, 2018 Quarter Bank Reconciliation
7:30 – 8:30 A.M.
and Time II Statement

Topic / Lesson Name: BANK RECONCILIATION STATEMENT

A. Content Standard The learners demonstrate understanding of a bank reconciliation statement,

its nature and structure, and reconciling items and methods of preparation.
B. Performance The learners shall be able to solve exercises and problems involving the
Standards identification of the proper treatment of reconciling items in the bank
reconciliation statement.
C. Learning The learners shall be able to:
Competencies 1. Describe the nature of a bank reconciliation statement.
(ABM_FABM12-IId-10)
2. Identify common reconciling items and describe each of them.
(ABM_FABM12-IId-11)
3. Analyze the effects of the identified reconciling items.
(ABM_FABM12-IId-12)
Learning Materials Laptop, projector, hand-out
Resources Electronic sources

PROCEDURES
 The teacher will ask the learners if they can still remember the discussion made
about the basic documents and bank deposits.
• Ask the learners what is current account
• Ask the learners who are the parties involved in the issuance of a check.
Reviewing previous lesson
• Ask the learners what is a bank statement.
• Ask the learners what are the contents of a bank statement.
• Ask the leaner the purpose of a bank statement.

 Ask the learners “Upon receipt of a bank statement, what will the
company do?”
Possible Answers:
• File the statement
• Throw/Discard/Leave anywhere
Presenting the lesson/
• Review
motivation
• Check and compare with records
 Introduce the topics for discussion and emphasize that upon receipt of the
bank statement, the same should be reviewed. Compare it with your
accounting records and file.

Analysis The teacher will introduce the topic to be discussed which;

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 1. Nature of Bank Reconciliation.
2. The importance of Bank Reconciliations.
3. Identify common reconciling items and describe each of them.
a. The two common causes of the discrepancy in figures;
b. Three methods of preparing bank reconciliation statement;
4. The Bank Reconciliation Process

A PowerPoint presentation will be used and during the discussion, the teacher
will:
 Remind students to jot down notes on the topic to be discussed.

A bank reconciliation statement is a document that matches the cash balance

on a company’s balance sheet to the corresponding amount on its bank
statement. Reconciling the two accounts helps determine if accounting
changes are needed. Bank reconciliations are completed at regular intervals to
ensure that the company’s cash records are correct. They also help detect
Application/Generalization fraud and any cash manipulations.
The two common causes of the discrepancy in figures are:
• Time lags that prevent one of the parties (company or the bank) from
recording the transaction in the same period as the other party.
• Errors by either party in recording transactions

The students will be directed to exchange work with their seatmate for their
Evaluation
work to be checked.
Research and aadvance read about the preparation of Statement of Changes
Agreement
in Equity (SCE).

Prepared by: Checked by:

Mrs. Emarilyn D. Bayot BEVERLY B. GLORIA

Teacher II Principal I

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