MIcro lesson on the skill of stimulus variation

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Micro lesson on the skill of stimulus variation
Name of the teacher: Surekha V S.                                                              Duration: 5 Minutes
Subject: Accountancy                                                                                     Class: XII
Topic: Partners’ Capital Account
Components
Teacher Activity
Pupil Response









Change in speech pattern & teacher gestures


Oral visual switching






















Verbal focussing









Pausing


















Change in interaction style
All of you know about partnership business.
Then tell me what is partnership?
Yes, partnership is an agreement between two or more persons to carry on the business & to share the profit or loss of the firm.


Do you know how the partnership business maintain the accounts of the firm?
There are two methods to maintain partners’ Capital account. They are fluctuating capital method & fixed capital method. 




Here we focussed on fluctuating capital method.
Here we can see the partners’ capital account
PARTNERS’ CAPITAL ACCOUNT




Drawings

Interest on    
Drawings


Balance c/d
***


***


***
Balance b/d                 
     
Salary
Commission                      
Bonus
Interest on capital
P/L
***

***
***
***

***
***

****

***
          





Do you know why the capital account is credited with cash or balance c/d?

Yes, it is a liability of the firm also the capital shows always credit balance that’s why credited. If it is a new business it is credited with cash otherwise it is credited with the opening balance.

What are the other items you can see in the partners’ capital account?




Why these items are credited in the capital account?
These are the incomes of the partners. 

Now you can say that why some items debited in the capital account?


Obviously. Interest on drawings is an expense to the partner. 


While preparing the capital account one thing you should remind that partners’ capital accounts are prepared from the point view of partners not from the view of firm. So all the incomes of partners should be credited & all the expenses should be credited with it.


Then the next item is profit, how it is distributed among partners? Do you know?


The closing balance of capital found out by balancing the account
These are all about the preparation of partners’ capital account.  

 
Partnership means group of two or more persons.





































Capital is a liability to the owner.





Salary, commission, bonus, interest on capital etc.




Because those are expenses to the partner.












Share the profits in their profit sharing ratio


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