DEVELOPMENT OF THE LESSON

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1 i APPENDIX 1 LESSON TRANSCRIPT No. 1 LESSON TRANSCRIPT BASED ON CONTINGENCY MANAGEMENT MODEL Name of the Teacher : Subject : Accounting Name of the School : Unit : Partnership Accounts Standard : Topic : Admission of a Partner Strength : Date : Duration : 45 minutes TOPIC : Accounting Treatment at the time of Admission of a Partner OBJECTIVES : After studying this topic, the student will be able to, Calculate the new profit sharing ratio and sacrificing ratio. PREREQUISITE KNOWLEDGE. The students must be aware about the meaning of partnership, the various accounts maintained in it and the different circumstances in which the reconstitution of the partnership firm takes place. DEVELOPMENT OF THE LESSON PHASE -I SPECIFYING A FINAL PERFORMANCE Good morning dear students. How are you? Fine Sir. Are you ready to start the lesson? Yes sir. Very good. Then let s start. In the last class, we have been Teacher identifies and defines the studying about the accounting treatment of various items at the target behavior. time of admission of a partner into a partnership firm. After completing the lesson, will be able to calculate the new profit sharing ratio and sacrificing ratio. Yes sir. After completing the class, you will learn the concept of new ratio and sacrificing ratio and how to calculate it in different cases. Teaching point New Profit sharing Ratio: The ratio in which all partners including the new partner share the future profits and losses after the admission of a partner Sacrificing ratio: the ratio in which the old partners lose or sacrifice their share in profit. (Sacrificing ratio= Old ratio- New ratio On admission, a new partner can acquire his share in any of the following way. 1. The new partner acquires his share from the old partners in their old ratio. 2. The new partner acquires his share of profit in any other agreed ratio from the old partners. 3. The new partner acquires his share from only one The teacher specified the desired behavioral outcome

2 ii The teacher asks the following question to the students; What are the different items which require accounting treatment at the time of admission of a new partner into a partnership business? What do you know about profit sharing ratio? Is sharing of profit is a must in a partnership business? From where we get the profit sharing ratio? Is the profit sharing ratio is subject to any change? What are the circumstances which cause a change in the profit sharing ratio? The teacher develops plans for measuring and recording behavior. PHASE-II ASSESSING THE BEHAVIOUR The teacher observes students responses and records them in a response sheet. No. Correct Partially correct Not correct The teacher observes and records the nature and frequency and context of behavior. PHASE-III FORMULATING THE CONTINGENCY We have just seen how to calculate the new profit sharing ratio and sacrificing ratio, when the new partner acquires his share of profit from old partners in the old profit sharing ratio. Now let us practice what we have just learned. (The teacher gives a problem to the students to calculate the new ratio and sacrificing ratio) Eg: Arun and Anwar are partners in a firm sharing profits in the ratio of 7:5. They admit Anil into the partnership for a 1/6 th Teacher makes decisions share. Calculate the new profit sharing ratio. regarding the environment. First of all, you have to read carefully the problem and analyse how we can calculate the profit sharing ratio of the partners after the admission of Mr. Anil into the partnership. (The teacher asks the following questions to clarify the problem to students) What is the profit sharing ratio? What is the need of such a ratio? Is it possible to share the profits between Arun and Anwar equally after admission? If no, why? After admission, if Anil demands to share the profits from the business equally, how can we solve the problem? After admission of Anil, Arun argues that his share of Teacher selects the reinforcers and reinforcement schedule.

3 iii sacrifice is more than that of Anwar and hence he demands half of the profits after admission. Do you agree with this argument? Why? How can you settle the argument of Arun without any dispute? What will be the profit sharing ratio between the partners after the admission of Anil? (From the answers, the teacher select the reinforcers and finalises the behavior shaping plans) Finalises the behavior shaping plans PHASE-IV INSTITUTING THE PROGRAMME Now, let us calculate the new ratio and sacrificing ratio on Teacher arranges the environment. admission of Anil into the partnership. You have to complete the work with minimum time Teacher informs the students. (The teacher asks the following questions to clarify the problem to students.) Who are the partners and which is their profit sharing ratio Arun and Anwar Yes. Then, who is admitted into the partnership and how much is his share of profit? Anil Is there any change in the constitution of the firm after the admission of the partner? If yes, why? Yes sir. It is because the old partner s lose a portion of their profit after the admission of the new partner and the number of members will increase from 2 to 3. Very good. How will the new partner acquires his share of profit from the old partners? In the old ratio. Good. How much is the sacrifice of the old partners on admission of the new partner and which is the sacrificing ratio? Sacrifice of Arun is 7/72 and Sacrifice of Anwar is 5/72. Very good. How much profit the old partners will get after the admission of the new partner and which is the ratio in which the old partners share the profits after the admission of the new partner? The new profit sharing ratio is 35:25:12. The old partners share the future profits in the ratio if 35:25 i.e.7:5. Good. Is there any change in the profit sharing ratio between the old partners after the admission of the new partner? No. This means that if the new partner acquires his share of profit from the old partners in the old profit sharing ratio, the old partner s profit sharing ratio after admission will remain the same and the sacrificing ratio is same as that of the old ratio. Teacher asks questions to make clarification of concepts and content.

4 iv Very good. (After the discussion the teacher explains to the students the reasons for no change in the old ratio and sacrificing ratio, when a new partner acquires his share of profit from the old partners in the old profit sharing ratio.) PHASE-V EVALUATING THE PROGRAMME What is meant by new ratio? The ratio in which all partners including the new partner share the future profits and losses after the admission of a partner Good. What is meant by sacrificing ratio and how can calculate it? The ratio in which the old partners lose or sacrifice their share in profit. (Sacrificing ratio= Old ratio- New ratio) What will be the sacrificing ratio of old partners, if the new partner acquires his share of profit from the old partners in the old ratio? The sacrificing ratio will be same as the old profit sharing ratio. Teacher maintains the reinforcement and behavior shaping schedules. Very good. Do you have any doubts? No sir. Then we can wind up the class. Thank you sir. The teacher measures the desired responses. (On winding up of the class, the teacher gives a home work to modify the behavior of the learner)

5 v APPENDIX 1 LESSON TRANSCRIPT No. 2 LESSON TRANSCRIPT BASED ON CONTINGENCY MANAGEMENT MODEL Name of the Teacher : Subject : Accounting Name of the School : Unit : Partnership Accounts Standard : Topic : Admission of a Partner Strength : Date : Duration : 45 minutes TOPIC : Accounting Treatment at the time of Admission of a Partner OBJECTIVES : After studying this topic, the student will be able to, Calculate the new profit sharing ratio and sacrificing ratio. PREREQUISITE KNOWLEDGE. The students must be aware about the meaning of partnership, the various accounts maintained in it and the different circumstances in which the reconstitution of the partnership firm takes place. DEVELOPMENT OF THE LESSON PHASE -I SPECIFYING A FINAL PERFORMANCE Good morning dear students. How are you? Fine Sir. Are you ready to start the lesson? Yes sir. Very good. Then let s start. In the last class, we have been studying about the calculation of new ratio and sacrificing ratio on the admission of a partner into a partnership firm (when the new partner acquires his share of profit from the old partners in the old profit sharing ratio). Today we are going to learn the calculation of new ratio and sacrificing ratio, when the new partner acquires his share of profit from the old partners in some agreed ratio. After completing the lesson, will be able to calculate the new profit sharing ratio and sacrificing ratio. Yes sir. The teacher asks the following question to the students; What are the different items which require accounting Treatment at the time of admission of a new partner into a partnership business? What do you know about profit sharing ratio? Is sharing of profit is a must in a partnership business? From where we get the profit sharing ratio? Is the profit sharing ratio is subject to any change? What are the circumstances which cause a change in the profit sharing ratio? Teacher identifies and defines the target behavior The teacher specified the desired behavioral outcome

6 vi When a new partner acquires his share of profit from the old partners in the old profit sharing ratio, what will be the sacrificing ratio? Is there any difference in the ratio of sacrifice made by the old partners, when the new partner acquires his share from the old partners in the old ratio? What will be the new ratio between the old partners after the admission of the new partner? (when the new partner acquire his share from old partners in the old ratio) PHASE-II ASSESSING THE BEHAVIOUR The teacher observes students responses and records them in a response sheet. No. Correct Partially correct Not correct The teacher develops plans for measuring and recording behavior. PHASE-III FORMULATING THE CONTINGENCY We have just seen how to calculate the new profit sharing ratio and sacrificing ratio, when the new partner acquires his share of profit from old partners in some agreed ratio. Now let us practice what we have just learned. (The teacher gives a problem to the students to calculate the new ratio and sacrificing ratio) Eg: Rose and Jasmine are partners sharing profits in the ratio of 2:1. They admit Lilly as a new partner for 1/5 th share in future profits which he acquires from Rose and Jasmine in 1:2 ratio. Calculate the new profit sharing ratio of Rose and Jasmine The teacher asks the following questions to clarify the problem to students. Who are the partners and which is their profit sharing ratio? Who is admitted into the partnership and how much is his share of profit? Is there any change in the constitution of the firm after the admission of the partner? How will the new partner acquires his share of profit from the old partners? How much is the sacrifice of the old partners on admission of the new partner and which is the sacrificing ratio? Is there any difference in the sacrifice made by each The teacher observes and records the nature and frequency and context of behavior. Teacher makes decisions regarding the environment.

7 vii partner? How much profit the old partners will get after the admission of the new partner and which is the ratio in which the old partners share the profits after the admission of the new partner? Is there any change in the profit sharing ratio between the old partners before and after the admission of the new partner? (From the answers, the teacher select the reinforcers and finalises the behavior shaping plans) Teacher selects the reinforcers and reinforcement schedule. Finalises the behavior shaping plans PHASE-IV INSTITUTING THE PROGRAMME Now, let us calculate the new ratio and sacrificing ratio on Teacher arranges the environment. admission of Lilly into the partnership. You have to complete the work with minimum time (The teacher asks the following questions to clarify the problem to students.) Teacher informs the students. Who are the partners and which is their profit sharing ratio Rose and Jasmine. The profit sharing ratio is 2:1. Yes. Then, who is admitted into the partnership and how much is the share of profit? Lilly is admitted for 1/5 th share in profit. Is there any change in the constitution of the firm after the admission of the partner? If yes, why? Yes sir. It is because the old partner s lose a portion of their profit after the admission of the new partner and the number of members will increase from 2 to 3. Very good. How will the new partner acquires his share of profit from the old partners? In the ratio of 1:2 from Rose and Jasmine respectively. Good. How much is the sacrifice of Rose and Jasmine on admission of the Lilly and which is the sacrificing ratio? Sacrifice of Rose is 1/15 and Sacrifice of Jasmie is 2/15 and the ratio of sacrifice is 1:2. Very good. How much profit will get to Rose and Jasmine after Teacher asks questions to make the admission of Lilly and which is the ratio in which the old clarification of concepts and partners share the profits after the admission of the new content. partner? The new profit sharing ratio is 3:1:1 and the old partners share the future profits in the ratio if 3:1. Good. Is there any change in the profit sharing ratio between the old partners after the admission of the new partner? Yes. This means that if the new partner acquires his share of profit from the old partners in some agreed ratio, the old partner s profit sharing ratio after admission will be changed and

8 viii the sacrificing ratio will also different from the old profit sharing ratio.. Very good. (After the discussion the teacher explains to the students the reasons for change in the old ratio and sacrificing ratio, when a Teacher maintains the new partner acquires his share of profit from the old partners in reinforcement and behavior some agreed ratio.) shaping schedules. PHASE-V EVALUATING THE PROGRAMME What is meant by new ratio? The ratio in which all partners including the new partner share the future profits and losses after the admission of a partner Good. What is meant by sacrificing ratio and how can calculate it? The ratio in which the old partners lose or sacrifice their share in profit. (Sacrificing ratio= Old ratio- New ratio) Does the old ratio and sacrificing ratio are same in case where the new partner acquires his share of profit from the old partners in some agreed ratio? No. the old ratio and sacrificing ratio will be different. Very good. Do you have any doubts? No sir. Then we can wind up the class. Thank you sir. The teacher measures the desired responses. (On winding up of the class, the teacher gives a home work to modify the behavior of the learner)

9 ix APPENDIX 2 LESSON TRANSCRIPT No. 1 LESSON TRANSCRIPT BASED ONDIRECT INSTRUCTION MODEL Name of the Teacher : Subject: Financial Accounting Name of the School : Unit : Partnership Accounts Standard : Topic : Admission of a Partner Strength : Date : Duration :45 minutes TOPIC `: Accounting Treatment at the time of Admission of a Partner OBJECTIVES : After studying this topic, the student will be able to, Calculate the new profit sharing ratio and sacrificing ratio. PREREQUISITE KNOWLEDGE. The students must be aware about the meaning of partnership, the various accounts maintained in it and the different circumstances in which the reconstitution of the partnership firm takes place. DEVELOPMENT OF THE LESSON ACTIVITY RESPONSE/EVALUATION Good morning dear students. How are you? Phase I ORIENTATION PHASE Fine Sir. Are you ready to start the lesson? Yes sir. Very good. Then let s start. We have been studying about the reconstitution of partnership firm. What are the different ways The teacher makes the class ready for learning. through which the reconstitution of a partnership firm takes place? St Admission of a partner, retirement of a partner, death of a partner etc. Good! Today we are going to learn the accounting treatment at the time of admission of a partner into an existing partnership business. There are different items which require accounting treatment at the time of admission of a new partner into a partnership business such as, Ascertainment of new profit sharing ratio, Calculation of Sacrificing ratio, Revaluation of assets and liabilities, Distribution of reserves and accumulated profits or losses, Treatment of goodwill and The teacher asks questions to check the previous knowledge of students.

10 x Tr Adjustment of capital. Today, we are dealing with the first item i.e. the ascertainment of new profit sharing ratio. The students are asked with the following questions; What do you know about profit sharing ratio? Is sharing of profit is a must in a partnership business? From where we get the profit sharing ratio? Is the profit sharing ratio is subject to any change? What are the circumstances which cause a change in the profit sharing ratio? After discussing the above questions, the teacher explains to the students the changes that takes place in the sharing of profit in a partnership on the admission of a new partner and also explains to them that the calculation of new profit sharing ratio will depend on the mode in which the new partner acquires his share in the partnership from the old partners.(whether the share of new partner is acquired from the old partners equally or from one partner only or in an agreed ratio from all partners etc.) Teaching point New Profit sharing Ratio: The ratio in which all partners including the new partner share the future profits and losses after the admission of a partner Sacrificing ratio: the ratio in which the old partners lose or sacrifice their share in profit. (Sacrificing ratio= Old ratio- New ratio) On admission, a new partner can acquire his share in any of the following way. 1. The new partner acquires his share from the old partners in their old ratio. 2. The new partner acquires his share of profit in any other agreed ratio from the old partners. 3. The new partner acquires his share from only one partner. Then the teacher illustrates the first method of calculating the new profit sharing ratio with the help of an example. We have just seen how to calculate the new profit sharing ratio when the new partner acquires his share of profit from old partners in the old profit sharing ratio. Now let us practice what we have just learned. Eg: Arun and Anwar are partners in a firm sharing profits in the ratio of 7:5. They admit Anil into the partnership for a 1/6 th share. Calculate the new profit sharing ratio. Phase II PRESENTATION PHASE The teacher explains different circumstances in which the new ratio is to be calculated Here the teacher works out a problem on the black board and explains the procedure for calculation of the new ratio. The teacher also clarifies the doubts of the students and make sure that all students understand the calculation of new profit sharing ratio when the new partner acquires his share from the old partners in their old ratio. Phase III STRUCTURED PRACTICE The teacher dictates a problem to the students to calculate the new profit sharing ratio.

11 xi The teacher asks the following questions to clarify the problem to students. Who are the partners and which is their profit sharing ratio? Who is admitted into the partnership and how much is his share of profit? Is there any change in the constitution of the firm after the admission of the partner? How will the new partner acquires his share of profit from the old partners? How much is the sacrifice of the old partners on admission of the new partner and which is the sacrificing ratio? How much profit the old partners will get after the admission of the new partner and which is the ratio in which the old partners share the profits after the admission of the new partner? Is there any change in the profit sharing ratio between the old partners after the admission of the new partner? (After the discussion the teacher explains to the students that when a new partner acquires his share of profit from the old partners in the old profit sharing ratio, the profit sharing ratio between the old partners after the admission of the new partners will remain the same as before the admission.) Do you have any doubts? No sir. O.K. Now let us practice what ever we have learned. (The teacher gives a problem to the students. They have to solve the same independently) The teacher gives the students a home work assignment to promote retention The teacher explains the method to students through discussion and questioning. Students give the answer and the reason. Teacher works out the problem on the black board with necessary explanations. Teacher clears the doubts, if any, of the students. Phase IV GUIDED PRACTICE While the students are solving the problem, the teacher passes by them, answers questions raised by then and corrects in case if there is something wrong. Then they solve the problem all together Phase V INDEPENDENT PRACTICE Dictates a problem to be work out by the students

12 xii LESSON TRANSCRIPT No. 2 LESSON TRANSCRIPT BASED ON DIRECT INSTRUCTION MODEL APPENDIX 2 Name of the Teacher : Subject : Accounting Name of the School : Unit : Partnership Accounts Standard : Topic : Admission of a Partner Strength : Date : Duration : 45 minutes TOPIC : Accounting Treatment at the time of Admission of a Partner OBJECTIVES : After studying this topic, the student will be able to, Calculate the new profit sharing ratio and sacrificing ratio. PREREQUISITE KNOWLEDGE. The students must be aware about the meaning of partnership, the various accounts maintained in it and the different circumstances in which the reconstitution of the partnership firm takes place. DEVELOPMENT OF THE LESSON ACTIVITY RESPONSE/EVALUATION Good morning dear students. How are you? Phase I ORIENTATION PHASE Fine Sir. Are you ready to start the lesson? Yes sir. Very good. Then let s start. In the last class, we have been The teacher makes the class studying about the accounting treatment of various items at the ready for learning. time of reconstitution of partnership firm. What are the different items which require accounting treatment at the time of admission of a new partner into a partnership business? St Ascertainment of new profit sharing ratio, Calculation of Sacrificing ratio, Revaluation of assets and liabilities, Distribution of reserves and accumulated profits or losses, Treatment of goodwill and Adjustment of capital. Tr How will you calculate the new profit sharing ratio of the partners at the time of admission of a partner, who acquires his share of profit from the old partners in the old profit sharing ratio.? The students explain the procedure for calculation of the new profit sharing ratio. Good! Today we are going to learn the accounting treatment at The teacher asks questions to check the previous knowledge of students.

13 xiii Tr the time of admission of a partner into an existing partnership business and the new partner acquires his share of profit in any other agreed ratio from the old partners. The students are asked with the following questions; If the incoming partner acquires his share of profit from the old partners in an agreed ratio, is there any difference in the sacrifice made by the old partners the time of admission of a new partner? If so, what is the reason for such a difference? Then how can we calculate the new profit sharing ratio? After discussing the above questions, the teacher explains to the students the difference in the sacrificing ratio, when the new partner acquires his share of profit from the old partners in an agreed ratio and also explains the reasons for such difference in the sacrificing ratio. Then the teacher illustrates the method of calculating the new profit sharing ratio and sacrificing ratio with the help of an example. We have just seen how to calculate the new profit sharing ratio when the new partner acquires his share of profit from old partners in some agreed ratio. Now let us practice what we have just learned. Eg: Rose and Jasmine are partners sharing profits in the ratio of 2:1. They admit Lilly as a new partner for 1/5 th share in future profits which he acquires from Rose and Jasmine in 1:2 ratio. Calculate the new profit sharing ratio of Rose and Jasmine. The teacher asks the following questions to clarify the problem to students. Who are the partners and which is their profit sharing ratio? Who is admitted into the partnership and how much is his share of profit? Is there any change in the constitution of the firm after the admission of the partner? How will the new partner acquires his share of profit from Phase II PRESENTATION PHASE The teacher explains different circumstances in which the sacrificing ratio will be different and how to calculate the new ratio. Here the teacher works out a problem on the black board and explains the procedure for calculation of the new ratio. The teacher also clarifies the doubts of the students and make sure that all students understand the calculation of sacrificing ratio and the new profit sharing ratio when the new partner acquires his share of profit from the old partners in some agreed ratio. Phase III STRUCTURED PRACTICE The teacher dictates a problem to the students to calculate the new profit sharing ratio. The teacher explains the method to students through discussion and questioning.

14 xiv the old partners? How much is the sacrifice of the old partners on admission of the new partner and which is the sacrificing ratio? Is there any difference in the sacrifice made by each partner? How much profit the old partners will get after the admission of the new partner and which is the ratio in which the old partners share the profits after the admission of the new partner? Is there any change in the profit sharing ratio between the old partners before and after the admission of the new partner? (After the discussion the teacher explains to the students that when a new partner acquires his share of profit from the old partners in some agreed ratio, the profit sharing ratio between the old partners after the admission of the new partners will be different from the ratio before the admission and there is also difference in the ratio of sacrifice made by the old partners in favour of the new partner.) Do you have any doubts? No sir. O.K. Now let us practice what ever we have learned. (The teacher gives a problem to the students. They have to solve the same independently) The teacher gives the students a home work assignment to promote retention Students give the answer and the reason. Teacher works out the problem on the black board with necessary explanations. Teacher clears the doubts, if any, of the students. Phase IV GUIDED PRACTICE While the students are solving the problem, the teachers passes by them, answer the questions raised by then and corrects in case if there is something wrong. Then they solve the problem all together. Phase V INDEPENDENT PRACTICE Dictates a problem to be work out by the students

15 xv APPENDIX 3 LESSON TRANSCRIPT No. 1 LESSON TRANSCRIPT BASED ON COMBINATION OF CONTINGENCY MANAGEMENT MODEL AND DIRECT INSTRUCTION MODEL Name of the Teacher : Subject : Accounting Name of the School : Unit : Partnership Accounts Standard :XII Topic : Admission of a Partner Strength :50 Date : Duration :45 minutes TOPIC : Accounting Treatment at the time of Admission of a Partner OBJECTIVES : After studying this topic, the student will be able to, Calculate the new profit sharing ratio and sacrificing ratio. PREREQUISITE KNOWLEDGE. The students must be aware about the meaning of partnership, the various accounts maintained in it and the different circumstances in which the reconstitution of the partnership firm takes place. DEVELOPMENT OF THE LESSON PHASE I- ORIENTATION AND SPECIFYING THE FINAL PERFORMANCE Good morning dear students. How are you? Fine Sir. Are you ready to start the lesson? Yes sir. The teacher makes the class ready for learning. Very good. Then let s start. In the last class, we have been studying about the accounting treatment of various items at the time of admission of a partner into a partnership firm. Teacher identifies and defines the Today we are going to analyse the accounting treatment at target behavior. the time of admission of a partner into the firm, when the new partner acquires his share of profit from the old partners in the old profit sharing ratio. After completing the class, you will The teacher specified the desired behavioral outcome learn the concept of new ratio and sacrificing ratio and how to calculate it in different cases. Yes sir. The teacher asks the following question to the students; What are the different items which require accounting treatment at the time of admission of a new partner into a partnership business? What do you know about profit sharing ratio? Is sharing of profit is a must in a partnership business? From where we get the profit sharing ratio? The teacher asks questions to check the previous knowledge of students

16 xvi Is the profit sharing ratio is subject to any change? What are the circumstances which cause a change in the profit sharing ratio? The teacher develops plans for measuring and recording behavior PHASE II-ASSESSING THE BEHAVIOUR AND PRESENTATION The students are asked with the following questions; What do you know about profit sharing ratio? Is sharing of profit is a must in a partnership business? From where we get the profit sharing ratio? Is the profit sharing ratio is subject to any change? What are the circumstances which cause a change in the profit sharing ratio? The teacher observes students responses and records them in a response sheet. No. Correct Partially correct Not correct The teacher asks questions to check the knowledge of the students. After discussing the above questions, the teacher explains to the students the changes that takes place in the sharing of profit in a partnership on the admission of a new partner and also explains to them that the calculation of new profit sharing ratio will depend on the mode in which the new partner acquires his share in the partnership from the old partners.(whether the share of new partner is acquired from the old partners equally or from one partner only or in an agreed ratio from all partners etc.) The teacher observes responses and records the nature and frequency and context of behavior. PHASE III-FORMULATING CONTINGENCY AND STRUCTURED PRACTICE We have just seen how to calculate the new profit sharing ratio and sacrificing ratio, when the new partner acquires his share of profit from old partners in the old profit sharing ratio. Now let us practice what we have just learned. (The teacher gives a problem to the students to calculate the new ratio and sacrificing ratio) Eg: Arun and Anwar are partners in a firm sharing profits in the ratio of 7:5. They admit Anil into the partnership for a 1/6 th share. Calculate the new profit sharing ratio. First of all, you have to read carefully the problem and analyse how we can calculate the profit sharing ratio of the partners after the admission of Mr. Anil into the partnership. (The teacher asks the following questions to clarify the problem to students) The teacher dictates a problem to the students to calculate the new profit sharing ratio. Teacher makes decisions regarding the environment.

17 xvii What is the profit sharing ratio? What is the need of such a ratio? Who is admitted into the partnership and how much is his share of profit? Is there any change in the constitution of the firm after the admission of the partner? How will the new partner acquires his share of profit from the old partners? How much is the sacrifice of the old partners on admission of the new partner and which is the sacrificing ratio? Is it possible to share the profits between Arun and Anwar equally after admission? If no, why? After admission, if Anil demands to share the profits from the business equally, how can we solve the problem? After admission of Anil, Arun argues that his share sacrifice is more than that of Anwar and hence he demands half of the profits after admission. Do you agree with this argument? Why? How can you settle the argument of Arun without any dispute? What will be the profit sharing ratio between the partners after the admission of Anil? How much profit the old partners will get after the admission of the new partner and which is the ratio in which the old partners share the profits after the admission of the new partner? Is there any change in the profit sharing ratio between the old partners after the admission of the new partner? The teacher explains the method to students through discussion and questioning. Teacher selects the reinforcers and reinforcement schedule. Finalises the behavior shaping plans. Teacher works out the problem on the black board with necessary explanations and clears the doubts, if any, of the students. (From the answers, the teacher select the reinforcers and finalises the behavior shaping plans) PHASE IV-INSTITUTING THE PROGRAMME AND GUIDED PRACTICE Now, let us calculate the new ratio and sacrificing ratio on admission of Anil into the partnership. You have to complete the work with minimum time (The teacher asks the following questions to clarify the problem to students.) Who are the partners and which is their profit sharing ratio Arun and Anwar Yes. Then, who is admitted into the partnership and how much is his share of profit? Teacher arranges the environment. Teacher informs the students

18 xviii Anil Is there any change in the constitution of the firm after the admission of the partner? If yes, why? Yes sir. It is because the old partner s lose a portion of their profit after the admission of the new partner and the number of members will increase from 2 to 3. Very good. How will the new partner acquires his share of profit from the old partners? In the old ratio. Good. How much is the sacrifice of the old partners on admission of the new partner and which is the sacrificing ratio? Sacrifice of Arun is 7/72 and Sacrifice of Anwar is 5/72. Teacher ask questions to clarify the points to be focused and give necessary corrections Very good. How much profit the old partners will get after the admission of the new partner and which is the ratio in which the old partners share the profits after the admission of the new partner? The new profit sharing ratio is 35:25:12. The old partners share the future profits in the ratio if 35:25 i.e.7:5. Good. Is there any change in the profit sharing ratio between the old partners after the admission of the new partner? No. This means that if the new partner acquires his share of profit from the old partners in the old profit sharing ratio, the old partner s profit sharing ratio after admission will remain the same and the sacrificing ratio is same as that of the old ratio. While the students are solving the problem, the teacher passes by them, answers questions raised by then and corrects in case if there is something wrong. Then they solve the problem all together Very good. (After the discussion the teacher explains to the students the reasons for no change in the old ratio and sacrificing ratio, when a new partner acquires his share of profit from the old partners in the old profit sharing ratio.) Teacher maintains the reinforcement and behavior shaping schedules. PHASE V- EVALUATING THE PROGRAMME AND INDEPENDENT PRACTICE What is meant by new ratio? The ratio in which all partners including the new partner share the future profits and losses after the admission of a partner Good. What is meant by sacrificing ratio and how can calculate it? The ratio in which the old partners lose or sacrifice their share in profit. (Sacrificing ratio= Old ratio- New ratio)

19 xix What will be the sacrificing ratio of old partners, if the new partner acquires his share of profit from the old partners in the old ratio? The sacrificing ratio will be same as the old profit sharing ratio. Very good. Do you have any doubts? No sir. Then we can wind up the class. Thank you sir. (On winding up of the class, the teacher gives a home work to modify the behavior of the learner through independent practice) The teacher measures the desired responses and Dictates a problem to be work out by the students

20 xx LESSON TRANSCRIPT No.2 LESSON TRANSCRIPT BASED ON COMBINTION OF CONTINGENCY MANAGEMENT MODEL AND DIRECT INSTRUCTION MODEL APPENDIX 3 Name of the Teacher : Subject : Accounting Name of the School : Unit : Partnership Accounts Standard :XII Topic : Admission of a Partner Strength :50 Date : Duration :45 minutes TOPIC : Accounting Treatment at the time of Admission of a Partner OBJECTIVES : After studying this topic, the student will be able to, Calculate the new profit sharing ratio and sacrificing ratio. PREREQUISITE KNOWLEDGE. The students must be aware about the meaning of partnership, the various accounts maintained in it and the different circumstances in which the reconstitution of the partnership firm takes place. DEVELOPMENT OF THE LESSON PHASE I- ORIENTATION AND SPECIFYING THE FINAL PERFORMANCE Good morning dear students. How are you? Fine Sir. Are you ready to start the lesson? Yes sir. The teacher makes the class ready for learning. Very good. Then let s start. In the last class, we have been studying about the calculation of new ratio and sacrificing ratio on the admission of a partner into a partnership firm (when Teacher identifies and defines the target behavior. the new partner acquires his share of profit from the old partners in the old profit sharing ratio). Today we are going to learn the calculation of new ratio and sacrificing ratio, when The teacher specified the desired the new partner acquires his share of profit from the old behavioral outcome partners in some agreed ratio. After completing the lesson, will be able to calculate the new profit sharing ratio and sacrificing ratio.

21 xxi Yes sir. The teacher asks the following question to the students; What are the different items which require accounting treatment at the time of admission of a new partner into a partnership business? What do you know about profit sharing ratio? Is sharing of profit is a must in a partnership business? From where we get the profit sharing ratio? Is the profit sharing ratio is subject to any change? What are the circumstances which cause a change in the profit sharing ratio? PHASE II-ASSESSING THE BEHAVIOUR AND PRESENTATION The students are asked with the following questions; What do you know about profit sharing ratio? he teacher asks the following question to the students; What are the different items which require accounting Treatment at the time of admission of a new partner into a partnership business? What do you know about profit sharing ratio? Is sharing of profit is a must in a partnership business? From where we get the profit sharing ratio? Is the profit sharing ratio is subject to any change? What are the circumstances which cause a change in the profit sharing ratio? The teacher asks questions to check the previous knowledge of students. The teacher develops plans for measuring and recording behavior. The teacher asks questions to check the knowledge of the students. When a new partner acquires his share of profit from the old partners in the old profit sharing ratio, what will be the sacrificing ratio? Is there any difference in the ratio of sacrifice made by the old partners, when the new partner acquires his share from the old partners in the old ratio? What will be the new ratio between the old partners after the admission of the new partner? (when the new partner acquire his share from old partners in the old ratio) The teacher observes students responses and records them in a response sheet. No. Correct Partially correct Not correct The teacher observes responses and records the nature and frequency and context of behavior. After discussing the above questions, the teacher explains to

22 xxii the students the changes that takes place in the sharing of profit in a partnership on the admission of a new partner and also explains to them that the calculation of new profit sharing ratio will depend on the mode in which the new partner acquires his share in the partnership from the old partners.(whether the share of new partner is acquired from the old partners equally or from one partner only or in an agreed ratio from all partners etc.) PHASE III-FORMULATING CONTINGENCY AND STRUCTURED PRACTICE We have just seen how to calculate the new profit sharing ratio and sacrificing ratio, when the new partner acquires his share of profit from old partners in some agreed ratio. Now let us practice what we have just learned. (The teacher gives a problem to the students to calculate the new ratio and sacrificing ratio) Eg: Rose and Jasmine are partners sharing profits in the ratio of 2:1. They admit Lilly as a new partner for 1/5 th share in future profits which he acquires from Rose and Jasmine in 1:2 ratio. Calculate the new profit sharing ratio of Rose and Jasmine First of all, you have to read carefully the problem and analyse how we can calculate the profit sharing ratio of the partners after the admission of Lilly into the partnership. The teacher asks the following questions to clarify the problem to students. Who are the partners and which is their profit sharing ratio? Who is admitted into the partnership and how much is his share of profit? Is there any change in the constitution of the firm after the admission of the partner? How will the new partner acquires his share of profit from the old partners? How much is the sacrifice of the old partners on admission of the new partner and which is the sacrificing ratio? Is there any difference in the sacrifice made by each partner? How much profit the old partners will get after the admission of the new partner and which is the ratio in which the old partners share the profits after the admission of the new partner? Is there any change in the profit sharing ratio between the old partners before and after the admission of the new partner? (From the answers, the teacher select the reinforcers and The teacher dictates a problem to the students to calculate the new profit sharing ratio. Teacher makes decisions regarding the environment. The teacher explains the method to students through discussion and questioning. Teacher selects the reinforcers and reinforcement schedule. Finalises the behavior shaping plans. Teacher works out the problem on the black board with necessary explanations and clears the doubts, if any, of the students.

23 xxiii finalises the behavior shaping plans) PHASE IV-INSTITUTING THE PROGRAMME AND GUIDED PRACTICE Now, let us calculate the new ratio and sacrificing ratio on Teacher arranges the admission of Lilly into the partnership. You have to complete the work with minimum time (The teacher asks the following questions to clarify the problem to students.) environment. Teacher informs the students. Who are the partners and which is their profit sharing ratio Rose and Jasmine. The profit sharing ratio is 2:1. Teacher maintains the reinforcement and behavior shaping schedules. Yes. Then, who is admitted into the partnership and how much is the share of profit? Lilly is admitted for 1/5 th share in profit. Is there any change in the constitution of the firm after the admission of the partner? If yes, why? Yes sir. It is because the old partner s lose a portion of their profit after the admission of the new partner and the number of members will increase from 2 to 3. Very good. How will the new partner acquires his share of profit from the old partners? In the ratio of 1:2 from Rose and Jasmine respectively. Good. How much is the sacrifice of Rose and Jasmine on admission of the Lilly and which is the sacrificing ratio? Sacrifice of Rose is 1/15 and Sacrifice of Jasmie is 2/15 and the ratio of sacrifice is 1:2. Very good. How much profit will get to Rose and Jasmine after the admission of Lilly and which is the ratio in which the old partners share the profits after the admission of the new partner? The new profit sharing ratio is 3:1:1 and the old partners share the future profits in the ratio if 3:1. Good. Is there any change in the profit sharing ratio between the old partners after the admission of the new partner? Teacher ask questions to clarify the points to be focused and give necessary corrections While the students are solving the problem, the teacher passes by them, answers questions raised by then and corrects in case if there is something wrong. Then they solve the problem all together Yes. This means that if the new partner acquires his share of profit from the old partners in some agreed ratio, the old partner s profit sharing ratio after admission will be changed and the sacrificing ratio will also different from the old profit sharing ratio. Teacher maintains the reinforcement and behavior shaping schedules.

24 xxiv Very good. (After the discussion the teacher explains to the students the reasons for change in the old ratio and sacrificing ratio, when a new partner acquires his share of profit from the old partners in some agreed ratio.) PHASE V- EVALUATING THE PROGRAMME AND INDEPENDENT PRACTICE What is meant by new ratio? The ratio in which all partners including the new partner share the future profits and losses after the admission of a partner Good. What is meant by sacrificing ratio and how can calculate it? The ratio in which the old partners lose or sacrifice their share in profit. (Sacrificing ratio= Old ratio- New ratio) Does the old ratio and sacrificing ratio are same in case where the new partner acquires his share of profit from the old partners in some agreed ratio? No. the old ratio and sacrificing ratio will be different. Very good. Do you have any doubts? No sir. Then we can wind up the class. Thank you sir. (On winding up of the class, the teacher gives a home work to modify the behavior of the learner through independent practice) The teacher measures the desired responses Teacher dictates a problem to be work out by the students

25 xxv LESSON TRANSCRIPT No: 1 (BASED ON CONVENTIONAL ACTIVITY ORIENTED METHOD) APPENDIX 4 Name of the teacher: Name of the School : Standard : XII Strength : 50 CONTENT OVERVIEW CURRICULUM OBJECTIVE CONTENT ANALYSIS Terms Facts Concepts GENERALIZATION PREVIOUS KNOWLEDGE LEARNING MATERIAL Subject : Accounting. Unit : Partnership Accounts. Topic : Accounting treatment on Admission of a Partner Date : Duration : 45 Minutes Ascertainment of new profit sharing ratio and sacrificing ratio. To develop knowledge about the calculation of new profit sharing ratio and sacrificing ratio at the time of admission of a new partner into the partnership business. Admission of a partner, New ratio, Sacrificing ratio At the time of reconstruction of a partnership firm, the calculation of new ratio and sacrificing ratio is essential. The reconstitution of the partnership firm may results in a change in the profit sharing ratio. New ratio: is the ratio in which all partners including the new partner share the future profits and losses after the admission of a partner Sacrificing ratio: the ratio in which the old partners lose or sacrifice their share in profit. The calculation of sacrificing ratio and new profit sharing ratio in a partnership business is a must at the time of admission of a new partner into a partnership business. The learner should be aware of the preparation of capital accounts of partners and the mathematical calculations using fractional numbers. Usual classroom aids DEVELOPMENT OF THE LESSON ACTIVITY/PROCESS INTRODUCTORY ACTIVITY After the usual classroom practices, the teacher brings the attention of the students to the previous days topics and ask them RESPONSE/EVALUATION

26 xxvi the following questions; What is meant by Partnership? What is meant by reconstitution of a partnership firm/ What are the circumstances in which the reconstitution of a partnership form takes place? From the answers and further discussion, the students are lead to the topic accounting treatment on admission of a partner. ACTIVITY I LEARNING STRATEGY-DISCUSSION The teacher initiates a discussion in the class on the admission of a partner and asked them with the following questions; What is meant by admission of a partner/ What will happen to the profit sharing ratio of the old partners on the admission of a new partner into the business? Whether there is any increase or decrease in the profit sharing ratio of the old partners on the admission of a new partner. On the admission of a partner, who will lose and who will gain? Whether the new partner is eligible to get a share in the past profits of the business? From the answers and further discussion, the teacher explains to the students the items which require accounting treatment at the time of admission of a new partner into an existing partnership business. Consolidation : Need for accounting treatment of various items at the time of admission of a new partner. The students actively participated in the discussion. Teacher monitor the activities of the group and give necessary instruction and students follow them. The students actively participated in the discussion. ACTIVITY-II-LEARNINGSTRATEGY-GROUP DISCUSSION Proceeding with the previous discussion, the students are asked with the question; What are the different ways in which the new partner can acquire his share in the business on his admission into the partnership business? Consolodation: On admission, a new partner can acquire his share in any of the following way. The new partner acquires his share from the old partners in their old ratio. The new partner acquires his share of profit in any other Teacher gives direction and necessary references.