Lesson Plan

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Lesson Plan
Grade: Date: 17/01/2026
Subject: Accounting
Lesson Topic: explain the purpose of an appropriation account
Learning Objective/s:
  • Describe the purpose of an appropriation account in a partnership.
  • Identify the key components that affect profit distribution (interest on capital, interest on drawings, drawings).
  • Calculate the profit available for appropriation using given data.
  • Allocate profit to partners according to the profit‑sharing ratio and record the transfers to capital accounts.
Materials Needed:
  • Projector or interactive whiteboard
  • Printed worksheet with sample partnership data
  • Calculator or spreadsheet software
  • Appropriation account template handout
  • Whiteboard and markers
  • Example profit & loss statements
 Introduction:
Begin with a quick question: “How do partners decide who receives what portion of the profit?” Review the previous lesson on partnership profit‑and‑loss accounts. Today students will understand the purpose of an appropriation account, be able to prepare one, and use it to show transparent profit distribution – this is the success criteria.
Lesson Structure:
  1. Do‑now (5’) – Students write their answer to the opening question on sticky notes.
  2. Mini‑lecture (10’) – Define the appropriation account, outline its key purposes, and display the flow diagram.
  3. Guided practice (15’) – Walk through the step‑by‑step preparation using the provided example, filling in the template together.
  4. Independent activity (15’) – Students complete a worksheet with new figures, calculate interest, drawings, profit available, and allocate profit.
  5. Check for understanding (5’) – Quick quiz (Kahoot) or show of hands on the main concepts.
  6. Summary & questions (5’) – Recap the process and answer any remaining queries.
Conclusion:
Recap that the appropriation account records how net profit is adjusted and distributed, ensuring fairness and compliance with the partnership deed. For the exit ticket, each student writes one reason why the account is essential. Homework: complete a second appropriation account using a different partnership scenario.