Debit Experience, Credit Knowledge (Increase in Experiences because of Accounting Tutorials and Activities Increase in Knowledge because of the Lessons in Accounting)

Accounting is a service activity and also defined as the language of the business.  There are many definitions of accounting and you can even state your own definition based on your experienced in learning and acquiring knowledge and skills.

This is the lesson given to the fourth year students of Palo National High School this school year 2012 – 2013 as their Technology and Livelihood Education IV – Business Technology in the 1^st and 2^nd Grading Period.  At first, students found it difficult to understand… because they have to learn the definitions of the terminologies in accounting before analyzing business transactions.

I can say that the most difficult lesson in accounting is not the analysis of transactions but understanding the accounting terminologies that include the accounts in Assets, Liabilities, Capital, Drawing, Income and Expenses.  After unlocking the terminologies, then move to the concept of accounting… the preparation of the financial statements that involve computation with correct analysis. 

But how it will be prepared?  Still, there are steps to be done before producing the financial reports.  Students must have precise analysis of transactions in doing the 1^st step of the accounting cycle, journalizing, up to the last step.

This lesson requires the students to study hard and acquire the knowledge and skills in accounting.  If they will take business courses in college or accountancy course, then, they have advanced knowledge that will make them active student in the chosen course.  With the skill acquired, they may also take the National Competency exam of Technical Education and Skills Development Authority (TESDA), the Bookkeeping NC2/NC3.

If I will give the analysis or assessment of the learning of the students in the lesson, I will say that “Debit Experience, Credit Knowledge, Increase in Experiences because of Accounting Tutorials and Activities, Increase in Knowledge because of the Lessons in Accounting.”  

My students learned the lesson not just on the 4 walls of the classroom.  Different strategies were applied and they have extended learning to some of the students through tutorials.  Information and Communication Technology (ICT) was integrated to motivate the students.

Top students from every section were selected and joined the Fourth Year SPED in the tutorial project.  The schedule of class at the school is 6:00 AM to 2:30 PM.  Before going home, it became routine activity of the student-tutors to conduct 1 hour tutoring to their peers.  This increased their learning experience and increased their knowledge in the lesson. 

Truly, through peer tutoring, students will learn without the hesitant of asking query from their peers. 

The normal manual procedure in doing the accounting cycle innovated with the use of ICT.

After the all the lessons and activities, students made their blog and a printed journal to be compiled as a sort of their testimonies in the accounting lessons.