Sir I would like to ask regarding the T-account, why is that the ending balance of investment in associate is in credit side and the Share in P/L of associate is in the debit side? Thank you Sir
Ang investment in associate po ay asset at ang normal balance naman nito ay debit. Dahil nag increase yung investment through share in net income kaya siya dinebit. Regarding sa end balance na naka credit, for computation purposes lng po yun.🙂
Thank You po, Sir CJ!😍 Very Helpful. Di nagtuturo ang mga teachers namin sa Sub which makes ma doubt if kakayanin ko ba matapos course ko. Your vids are very helpful!😍 Thank You po
![[Intermediate Accounting] Discussion 13 - Investments in Equity and Debt Securities](/img/n.gif)
May part 2 po ba nito? Gusto ko po kayo mag explain kasi malinaw
Sir I would like to ask regarding the T-account, why is that the ending balance of investment in associate is in credit side and the Share in P/L of associate is in the debit side? Thank you Sir
Ang investment in associate po ay asset at ang normal balance naman nito ay debit. Dahil nag increase yung investment through share in net income kaya siya dinebit. Regarding sa end balance na naka credit, for computation purposes lng po yun.🙂
This helps me a lot sir! Thank you and God Bless☺️
welcome and thank you as well. Kindly share with others.
Thank You po, Sir CJ!😍 Very Helpful. Di nagtuturo ang mga teachers namin sa Sub which makes ma doubt if kakayanin ko ba matapos course ko. Your vids are very helpful!😍 Thank You po
*major subs
You're Welcome!
Salaamat po Sir ❤🎉❤. Saan po mahahanap part 2 nito po.