Sir thank you thank you thank you. Malaking tulong po ito lalo na ngayong pandemic nag send lang ng exams ang professors ko without even explaining what to do. Thank you thank you!
Hello sir question po regarding sa recording ng aquired equipment..for example acquired ko sya last year ialalagay pa din po ba sya sa trial balance with whole amount..madali po kasi gawin if kaka start pero sa following year po pano na po sya i treat?. Kasidinko mabalance ang balance sheet ko po..😢
Hello, glaiza. Lagyan natin ng year: 🙂 "Equipment acquired year 2022" - sa 2022 trial balance kasama rin yan at whole amount (that is, the cost of equipment), then separate account yung accum. Depreciation - sa 2023 trial balance, still kasama pa rin ang equipment na iyon 🙂 then yung accum. Depreciation naman is mas malaki na kaysa 2022 dahil nagddepreciate 🙂 Sa madaling salita, regardless ng taon kung kailan inacquire, kasama lagi ang equipment sa trial balance mapa anong taon man yan 💕 Hope it helps, glaiza 🙂
Hi, sir. ask ko lang po if i did the right thing for last year's financial statement? and what i did was capital +service revenue and minus sa drawings ko for the year. I got the same amount po sa cash part ng ledger after adding capital and revenue then minus all my expenses po. (this amount is what i put sa cash as my asset for balance sheet and beginning balance for the next period/ accounting year let's say amounting to 4k.
Hello jane, medyo mahirap magbigay ng opinion on my end if walang actual figures. But to compute cash for balance sheet, tignan mo lang ung ending balance ng cash mo sa ledger. And about capital. Dapat ung capital na nasa balance sheet is capital beg + investments + profit - drawings. Hope it helps
Sir. Thank You po sa Knowledge, ask lang po, Hindi naba ilalagay sa Balance Sheet ang Account Receivable if Nagbayad na si Client and pati rin ba ang Account Payable kung nakabayad na po at naging Expenses na
Question po: bakit hindi po nagmatch yung balance sheet from worksheet with total of 565,700 sa ginawa mong another balance sheet in yellow paper with total of 546,700. Gets ko naman yung point na 250k lang ang capital sa spreadsheet then pagdating na sa yellow paper naging 271,700 na. What confused me is, pareho naman silang May 31 balances. Thank you idol😍
Hi Aljon! Magkakaroon talaga ng pagkakaiba sa totals ang worksheet vs. Balance sheet dahil sa mga contra asset accounts (like accum depreciation). Sa capital naman usually magkaiba talaga sila sa worksheet and balance sheet dahil sa balance sheet nakareflect na ang profits and withdrawals na nacompute from statement of changes in equity. Sana nasagot ko questions.
It is highly recommended na may comma ang amount sa accounting for separating digits. Kaya sanayin nyo na may comma pag nagsusulat ng numbers. We think depende na lang yan sa consideration ng teacher kung automatic mali na if walang comma. But for us, hindi matic na mali if walang comma. This is our humble opinion only 🙂
Kung may mga journal entries, check mo isa isa baka may hindi balance na dun. Tapos yung pagpost ng entries, trial balance total debits and credits, yung adjusted trial balance amounts. If you are using excel, baka may mga mali sa mga formulas and links. Hope it helps 💜
@@FilipinoAccountingTutorial Sir, tanong ko lang po ulit dba sa PCTB natin ang amount na lumabas dun ay same din sa BS natin? Pero po sa akin hindi tugma PCTB ko sa BS kasi ang kulang na amount sa BS is yung accumulated dun sa current asset,. Pano yun para magbangga sa PCTB?
Ano'ng specific na amounts 'yung tinutukoy mo sunnyxx.o? Marami kasing amounts na nag-a-appear sa BS and PCTB. Are you referring ba sa account balances? Totality ng debits credits? Totality ng assets, liabilities, and equity.
Sir thank you thank you thank you. Malaking tulong po ito lalo na ngayong pandemic nag send lang ng exams ang professors ko without even explaining what to do. Thank you thank you!
Salamat sa mga videos mo Sir
GALING MO PO SIR.... MABILIS KO MAINTINDIHAN....
Welcome RJ! Study well ☺️
Galing mo sir more videos pa po
Welcome Ricmar! Yes more more videos to come pa.
@@FilipinoAccountingTutorial Thank you po
Sir meron po kayong video nito ? "Expanding the equation to show the operating result of a business"
Starting to learn accounting po sa newbie question here. Ano po pinagkaiba ng current assets sa non-current assets?
Please consider watching basic accounting playlist. Nandun ang sasagot sa questions na ito. Hope it helps.
Non-current liabilities po yung note payable
Hello sir question po regarding sa recording ng aquired equipment..for example acquired ko sya last year ialalagay pa din po ba sya sa trial balance with whole amount..madali po kasi gawin if kaka start pero sa following year po pano na po sya i treat?. Kasidinko mabalance ang balance sheet ko po..😢
Hello, glaiza. Lagyan natin ng year: 🙂
"Equipment acquired year 2022"
- sa 2022 trial balance kasama rin yan at whole amount (that is, the cost of equipment), then separate account yung accum. Depreciation
- sa 2023 trial balance, still kasama pa rin ang equipment na iyon 🙂 then yung accum. Depreciation naman is mas malaki na kaysa 2022 dahil nagddepreciate 🙂
Sa madaling salita, regardless ng taon kung kailan inacquire, kasama lagi ang equipment sa trial balance mapa anong taon man yan 💕
Hope it helps, glaiza 🙂
sir ask ko lang po pano po nagiging negative yung liabilities , assets at owners equity
Sir, tanong ko lang po kung bakit di pa po nakareflect sa worksheet yung mga accumulated depreciation accounts? Thanks
Hello Sir! tanong ko lang po saan po accounted yung loans to costumer?
Hi, sir. ask ko lang po if i did the right thing for last year's financial statement? and what i did was capital +service revenue and minus sa drawings ko for the year. I got the same amount po sa cash part ng ledger after adding capital and revenue then minus all my expenses po. (this amount is what i put sa cash as my asset for balance sheet and beginning balance for the next period/ accounting year let's say amounting to 4k.
Hello jane, medyo mahirap magbigay ng opinion on my end if walang actual figures. But to compute cash for balance sheet, tignan mo lang ung ending balance ng cash mo sa ledger.
And about capital. Dapat ung capital na nasa balance sheet is capital beg + investments + profit - drawings.
Hope it helps
@@FilipinoAccountingTutorial thank you po sa advice
Sir. Thank You po sa Knowledge, ask lang po, Hindi naba ilalagay sa Balance Sheet ang Account Receivable if Nagbayad na si Client and pati rin ba ang Account Payable kung nakabayad na po at naging Expenses na
Hindi po sya expense. If nagbayad na ng AP, idededuct sa AP. If binayaran na ang AR, idededuct sa AR. Just know their normal balances.
hello po, yung supplies expense define as current asset ba?
Hindi po. Ang expenses po at under capital. Expenses are contra-capital.
Question po: bakit hindi po nagmatch yung balance sheet from worksheet with total of 565,700 sa ginawa mong another balance sheet in yellow paper with total of 546,700.
Gets ko naman yung point na 250k lang ang capital sa spreadsheet then pagdating na sa yellow paper naging 271,700 na. What confused me is, pareho naman silang May 31 balances.
Thank you idol😍
Hi Aljon! Magkakaroon talaga ng pagkakaiba sa totals ang worksheet vs. Balance sheet dahil sa mga contra asset accounts (like accum depreciation).
Sa capital naman usually magkaiba talaga sila sa worksheet and balance sheet dahil sa balance sheet nakareflect na ang profits and withdrawals na nacompute from statement of changes in equity. Sana nasagot ko questions.
@@FilipinoAccountingTutorial nakuha ko rin po, i forgot na ang worksheet is a tool only para makita yung hinaharap hehe... thank you idol👌
Hi po sir, May question lang po if wala po bang comma sa balance sheet automatic mali na po?
mali po sir?
It is highly recommended na may comma ang amount sa accounting for separating digits. Kaya sanayin nyo na may comma pag nagsusulat ng numbers.
We think depende na lang yan sa consideration ng teacher kung automatic mali na if walang comma.
But for us, hindi matic na mali if walang comma. This is our humble opinion only 🙂
@@FilipinoAccountingTutorial thank you po sir, big help po! ❤️
You're welcome, Vhiper 🙂 We're glad it help. Mag aral nang mabuti ❤️
@@FilipinoAccountingTutorial thank you so much po 🥰
Sir what is the difference between current and non-current assets? Plsssss
Current asset yan ung asset na macchange into cash within short period of time. While yung non-current naman, matagal syang ma cchange into cash.
Bakit po palaging equal ang total assets sa total liabilities and oe?
whenever there's an in, there's an out po
so meaning masmalaki yung utang kesa sa capital nya?
Yes, elstone 🙂
@@FilipinoAccountingTutorial may videos kapo about auditing?
Unfortunately, wala pa videos ng auditing as of this writing, elstone. 🙂
Kuya: *minention yung mga value tapos total agad*
Ako: 👁👄👁 *200+500 kina-calcu paden* hahahah
haha. keep safe Raquel!
Sir may clearer video po ba kayo nito?Hindi ko po Kasi Makita Yung photos
Sir paano po kung hindi po sya balance? Ano po kayang mali doon? Nakailang double check na po ako huhu
Kung may mga journal entries, check mo isa isa baka may hindi balance na dun.
Tapos yung pagpost ng entries, trial balance total debits and credits, yung adjusted trial balance amounts.
If you are using excel, baka may mga mali sa mga formulas and links. Hope it helps 💜
@@FilipinoAccountingTutorial okay na po sir!salamat po
565,700 sa Worksheet, Pero 546,700 sa balance sheet okay lang po ba yun?
Ok lang 'yun, sunnyxx.o 🙂
@@FilipinoAccountingTutorial Sir, tanong ko lang po ulit dba sa PCTB natin ang amount na lumabas dun ay same din sa BS natin? Pero po sa akin hindi tugma PCTB ko sa BS kasi ang kulang na amount sa BS is yung accumulated dun sa current asset,. Pano yun para magbangga sa PCTB?
Ano'ng specific na amounts 'yung tinutukoy mo sunnyxx.o? Marami kasing amounts na nag-a-appear sa BS and PCTB. Are you referring ba sa account balances? Totality ng debits credits? Totality ng assets, liabilities, and equity.
@@FilipinoAccountingTutorial Yes po Sir yung balance ng Asset & Lia + OE
@@FilipinoAccountingTutorial Thank you so much Sir, It's a big help. Pasado na po ako! Certified Bookkeeper na po ako! 💞