Basic Accounting - Financial Transaction Worksheet (Part 1)
ฝัง
- เผยแพร่เมื่อ 20 ส.ค. 2024
- Learn the effects of financial transactions in accounting equation.
Reference: Basic Accounting Made Easy by Mr. Win Ballada and Ms. Susan Ballada 2010 Issue- 15th Edition
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What's the first video po before this?
San po ba dapat ako mag-umpisa na video?
hello sarang. Watch this playlist. Arranged na ang topics dito
Basic Financial Accounting and Reporting:
th-cam.com/play/PLl-IwImaCVm7FDTaw6Xh5urQM9HYWFRau.html
@@FilipinoAccountingTutorial thank you po
You're welcome, sarang 🙂 mag aral nang mabuti ❤️
Salamat sa video lods 1st yr bsa student din Ako at walang background sa accounting kasi tvl Ako Nung shs salamat sa video sana magpatuloy kapa godbless!!!
Walang anuman, Mobile. Goodluck on your BSA journey! 🙂 Nood nood ka lang dito ng mga free accounting tutorials namin pag need ❤️ Mag aral nang mabuti. God bless 🙂
I'm a BSBA student, my CPA prof is not teaching anything. kaya nahihirapan kami, thank u for your lectures sir!❤
You're welcome, lovely 🫶 Hope this video tutorial will help you. Mag aral nang mabuti ❤️
I'm studying accountancy again after 9 years and I already forgot everything I learned so I started looking for basic accounting lessons on youtube and luckily I found this. Watching your videos really helped me a lot. Thank you so much Sir. More powers to you!
Hello sunoona. Thank you too for watching our accounting videos. We're happy it helped. We have more accounting videos here that might help you recall accounting topics and we hope those videos will help. 💛
Mas gusto pa kita panuorin kaysa mga teacher ko kasi buti kapa masipag magturo saka magugustuhan accounting kapag ganyan magturo .
Thanks CNJHN. Palagi makinig sa teacher at mag aral ng mabuti 💛
I'm a struggling ABM student and this helped a lot. Thank you so much, Sir!
You're welcome, ren 🙂 glad it helped. Mag aral nang mabuti ♥️
watching this at 1 am kasi di ko talaga gets to, ty po so much.
Welcome! Masaya kaming makatulong sayo.
Im having a hard time sa lesson namin kanina, di ako makasabay kasi since first time ko ma encountered yung mga terms lalo na at online class. Thankyouuu so much ang detailed niya!
ME TOO
thnk you po!!! i was having a hard time locating the 15000 for the liabilities and through this i realize yung mga mali ko thank you po!!!
You're welcome, IVV! And very good for analyzing and locating yung mali! 🙂❣️ Mag aral nang mabuti! 🙂
@@FilipinoAccountingTutorial yes po, thank you po!!
I feel na nahuhuli na ako sa klase, kaya nagback from the start ako, sobrang laking tulong sakin na may ganito dahil hindi na mga natuturo ung ganito sa higher years. Kahit marami pa ung hahabulin ko pero kaya at kakayanin yan🤣 Sobrang salamat sir💯
Walang anuman, john. Masaya kami makatulong. Mag aral nang mabuti. Marami pa dito basic accounting videos, baka makatulong in your accounting review ❤️
First year college, BSA Student here
Same po @Shai
Help po huhu G12 abm here diko po magets pano magbalancing
@Justin Mae Panopio I suggest you should analyze the problem first,then take down the accounts in your paper, then Define if it's debit or credit, then After that you will do the trial balance and then then you will fixed it according to their arrangements.Arghh I really can't Explain it well ,I'm sorry
Hindi po ba mahirap?
@@shaitana7747 possible din po ba na magagamit ko ang pinag aralan ko as a GAS student in seniorhigh sa pag a-accounting?
sobrang salamat po. didiscuss to later ng prof namin at buti nalang nakita ko tong vid. super clear po and gusto ko yung way ng pagexplain niyo. subscribed already and God bless po! Sobrang laki po ng naitulong niyo
Thanks, jaeful. Very good na nag advanced study. masaya kami makatulong 🙂 mag aral palagi nang mabuti. God bless! 🙂
Marami pa kami basic accounting videos dito sa channel. We hope makatulong sa iyo in the future ❤️
Puro mababa grades ko pag dating sa ganyan pero ngayon naintindhan ko na. Madali lang pala 😅Maraming salamat po! Sana more videos pa pooo! ^_^
Welcome Cath! Masaya kaming makatulong sayo.
This is a very good channel. Malaking tulong sa mga Accounting students. Nainspire din ako ng channel na to na magsimulang gumawa ng sarili kong videos "Cum Laude CPA". Sana makatulong din.
Hi Cum Laude CPA. Masaya kami makatulong! Sana wag ka din magsawa gumawa ng mga accounting videos!
@@FilipinoAccountingTutorial Yung mga videos mo ang isa sa mga magiging inspirasyon ko. Salamat at best wishes sa napakagandang tutorials na pinapamahagi mo sa mga students.
dapat tlga nakinig ako nung basic accounting namen. eto tlga naaapply sa totoong buhay.
This will be helpful for me, especially I will start my Accounting and Payroll class on Wednesday. I hope you can also share to us how to do such things in Excel. Salamat!😊
Thanks Mrs. Hatake. Goodluck on you accounting and payroll class 💛
Thanks for suggestion. Will upload how to do these computations in excel soon. Actually I prefer discussing accounting topics with the use of excel. Mas madali kasi magcompute sa excel. Hehe. Kaya lang, most of our viewers here ay nagamit ng traditional pen and paper sa pag aaral.
u deserve a raise po huhu, sainyo ko po talaga natutunan too.
lowkey sharing to everyone kung saan aq natuto HAHAHAH
Thank you, Antonette 🙂 Mag aral nang mabuti. Hope our videos will help you 🧡
Thank you for lowkey sharing to everyone. Malaking tulong yan sa amin 🙂 Sana marami pa tayo mareach na aspiring CPAs 🧡
i’m grd.10 and i’m just watching so i can have little infos about the subjects i’ll be encountering once i enter abm strand :00
Salamat for considering us sa pag aadvance study mo ☺️ Goodluck and Godbless sa ABM journey mo ♥️
i'm having a hard time studying, since online platform lang po ang gamit pero thanks to this! more videos about accounting pa po sir. Ang laking tulong
You're welcome Ryzza. Magdagdag pa kami videos dito about accounting soon. Masaya kami makatulong. Mag aral nang mabuti ❤️
Sobrang naguguluhan po talaga ako
Thankyou. Malaki yung naitutulong saming mga students who took online class.
You're welcome Realyn. Masaya kami makatulong ❤️
Thank you so much for creating these videos! I really appreciate this because I'm a bit confuse. Hopefully I can use this well and apply it properly.
You're welcome, Jjam. Hope this video will help you. Mag aral nang mabuti 💜
First year economics here with accounting subj
thank you sm po for this, exam po namin last time and hindi ko po medyo nakuha yung presentation nang teacher namin very big help po
You're welcome, maisy 🙂 glad it helps. Mag aral nang mabuti ♥️
So informative i dont took online class but still i want to learn . Thank you ❣️
You're welcome Kristel 💛
Tnx po g8 lang po ako pero naintindihan kopo napakagaling nyo pong guro
Thanks po malaking tulong nato 1st yr BSMAccounting . Hirap po tlaga pag online class
You're welcome, Cristy 🙂 Masaya kami makatulong. Marami pa kami videos dito. We hope it will help you ❤️ Mag aral nang mabuti future manager 🙂
Thankyouuu sir! Big help po ang vid mo lalo na sa ol class♥️✊
OMG SIR! I COUDN'T BELIEVE PO SIR NA THAT ALL ALONG NA MISS UNDERSTOOD KO PO ANG FINANCIAL TRANSACTION WORKSHEET NG PROFESSOR NAMIN 😭😭 SIR ANG RAMI KO PONG NATUTUNAN SAYO. REMEMBER WHEN I ASKED YOU PO ABOUT THE DIFFERENCE BETWEEN THE ACCOUNTS RECEIVABLE AND OE? SIR!!! MARAMING SALAMATTT POOOO HUHU. DAHIL SAYO SIR, NA GETS NAMIN ANG LESSON POOOOO /. THANKYOUU PO SIRR. GODBLESS PO SIR.
Very good, Maxi! Seems you almost mastered the financial transaction worksheet 🙂
Walang anuman. Mag aral nang mabuti Maxi. Marami pa kami videos dito, baka makatulong rin sa iyo 🙂☺️❤️ God bless. Goodluck on your accounting journey ❤️
Thank you po. May babagsak nanaman sa evaluation nito.
You're welcome, phoesbi 🙂 What do u mean babagsak sa evaluation?
Big help sakin kuya kept it up!pomadami kang matutulungang mga young cpa!!
Thank you Jesdan!
Subscribe na lang po ako sa Chanel mo💪
Thank you poo. Naka tulong po sa module ko🥺 di kasi ako marunong mag self study gusto ko po na may nag eexplain talag🥺
Sobrang thank you po for these education videos. Hoping for more 💖
You're welcome Queeni! Marami pa accounting lessons sa playlist. Stay safe! 👍
Thank you po at naintindihan ko ito ng mas mabuti
You're welcome, sheevonne 🙂 Mag aral nang mabuti ♥️
Sobrang linaw ng explanation. Many thanks.
You're welcome Ruel
galing niyo sr magturo, mas magaling pa po kayo magpaliwanag kesa sa tr ko ;)
Thanks nicole. And thanks to your tr as well 🙂 Yung mga turo ng tr mo ang nakatulong talaga para mas magets itong topic 🙂 Mag aral nang mabuti and kinig lagi kay tr ♥️
Thanks Sir.. refresh ng accounting course..
You're welcome, rafael. We have more accounting videos here and we hope it helps you. Mag aral nang mabuti 🙂
Jerome Garcia started a new business and completed these transactions during August:Aug.1Garcia invested $48,000 cash in the business.
1 Rented office space and paid $800 cash for the August rent.
3 Purchased exploration equipment for $22,000 by paying $12,000 cash and agreeing topay the balance in 3 months.
5 Purchased office supplies by paying $1,500 cash.
6 Completed exploration work and immediately collected $420 cash for the work.8Purchased $1,350 of office equipment on credit.
15 Completed exploration work on credit in the amount of $8,000.
18 Purchased $700 of office supplies on credit.
20 Paid cash for the office equipment purchased on August 8.
24 Billed a client $2,400 for work completed; the balance is due in 30 days.
28 Received $5,000 cash for the work completed on August 15.
30 Paid the assistant’s salary of $1,100 cash for this month.
30 Paid $340 cash for this month’s utility bill.
30 Garcia withdrew $1,050 cash from the business for personal use.
Required
1. Arrange the following asset, liability, and equity titles in a table like Exhibit 1.9: Cash;Accounts Receivable; Office Supplies; Office Equipment; Exploration Equipment; Accounts Payable; Jerome Garcia, Capital; Jerome Garcia, Withdrawals; Revenues; and Expenses. 2. Use additions and subtractions to show the effects of each transaction on the accounts in the accounting equation. Show new balances after each transaction..
can anybody answer this po plssss mga lods a struggling abm student here.
anong table po ba pinakita sa Exhibit 1.9 ? para may guide kung paano siya iaarrange
Walang table kaya mahirap
Tapos ko na sagutan WHAHAH, aspiring accountant po here na galing STEM HAHA
Yung number 24 po ay Revenue po, ang revenue po ay isang Nominal Account kaya di mo siya directly ilalagay sa accounting equation dahil ang nasa accounting equation lang ay mga permanent accounts or real accounts (A = L + E).
Kaya ang mangyayari tataas ang ACCOUNTS RECEIVABLE ASSET ACCOUNT DR. and Tataas din ang EQUITY ACCOUNT.
2400( A/R asset) = 2400 ( equity)
Opposite naman po mangyayari sa number 30, itong tinutukoy po dito ay isang Expense (Nominal Account)
Cr. Asset , Dr. Equity
1050 (cash asset) = 1050 (Owner's Equity)
Thank you po
You're welcome, Caissa! 🙂 Hope this video tutorial helps you. ♥️
Excellent ang explanation
Thanks, jl 🙂 Hope this video lesson will help you ❤️
Ang astig sir may ganyan palang shortcut huhy thank you po!!
Glad to know this channel sir. Keep on educating us more of your videos. God bless you.
Thank KareenTV. God bless you as well.
First year bsa student here po
Ang dami kong natutunan dito thanks sirrr
You're welcome, bobby 🙂 Hope this video lesson will help you ♥️
Thank you 💖😊
You're welcome, macel 🙂
Kaboses mo professor ko nung college. Sir M, kaw ba yan? Chour! I've been watching your vids since January! Thank you a lot, Sir!
Hi Kent! Ganun ba may ka boses ba ako? hehe, sorry pero di ako si Sir M.. Slamat sa pagiging loyal viewer namin ♥️
Hello i'm grade 11 abm student im here because iwant a background in this lesson than you😊
Thank*
You're welcome Daren. Hope this will help you. Mag aral nang mabuti ❤️
Thank you sir
You're welcome, aders 🙂 hope this video will help you ♥️
laking tulong neto sksksksk
Thanks Sir, ang linaw ng turo...
You're welcome Larzki44 💛
I wish there were subtitles in English because I couldn't hear and wanted to study it. My teacher gave us Deaf students this to study.
Laking tulong, sana ipagpatuloy hanggang dulo😊
thankyou sir>3
You're welcome, jean ♥️ Hope this video will help 🙂
Thank you so much po!!
You're welcome Exo-L!
A great lecture.
Thanks
You're welcome Sourcephy!
Mygash napakahelpful po thank you
Maraming salamat po!
Welcome ❤️
maraming salamat idol keep it up
Welcome Kier!
thank you po very helpful
You're welcome Mary. We're happy it helps 💛
Salamat po maynatutunan napo ako Salamat po 🙏
Walang anuman Princess. Mag aral nang mabuti 💛
@@FilipinoAccountingTutorial Thank you and God bless ingat po 🙏
Thank you sir❤️
You're welcome, Faith. Mag aral nang mabuti ❤️
Intermediate programmer here! 😊👍
Nice! Frank 🙂❤️
Sana all ganito mag turo
Thanks Deine
Thankkkk u so muchhhhh! 😭
Welcome
Good day sir. How to record transactions in a columnar form po? Thank youuuuuuu
Salamat po! Newbie here!
Welcome! ❤️
3:27 Diba yung 350,000 ilalagay din dapat sa asset??? Bat sa equity lang?
Thankyou so much pooooo
Welcome poooo 😀
hello po sir, i have a question po, pano po ire-reflect sa financial transaction worksheet, kung naka received po ng pldt bill, 1,800 and Meralco Bill, 3,800?? mag iincrease po ba sya in liabilities?? pano po sa assets??
then, pano rin po ire-reflect yung nag used up po ng 2,000 worth of supplies??? hindi ko lang po talaga siya maintindihan, thank uuu so much sir hope na mapansin po✨
sir nasaan ka nung nasa accounting pa ako... hayyysssss pero ok lang dahil natututo naman ulit ako
Hello Camille! May mga accounting videos na kami dito other than basic accounting. Those might be helpful after mo basic accounting. Mag-aral ng mabuti and stay safe 💛
Sir tanong ko lang po what if pinalitan po ng Capital yung Owner Equity, parehas lang po ba etong capital sa equity?
Sino accountant na dto ptulong nmn po sa activity ko 😭 ..
Grade 9 Student here!
Hope this tutorial helps you, Zach! 🙂
Grade 11 ABM student here💜
Hello po, new subscriber. Incoming Accountancy student po ako. Bakit po hindi nakalagay sa credit under OE ung (145k) computer equipment acquired on cash basis?
computer equipment is considered as an asset po kc
Kasi bumili ka ng Asset on a cash basis. Nabawasan ang asset mo na Cash ng 145 k tapos nadagdagan naman ang asset mo na Computer equipment ng 145k ang effect ng acquisition ng asset using cash sa Accounting equation ay Asset(cash) decrease (kasi nag bayad ka ng 145k)Asset (computer eq )increase kasi nag acquire ka ng asset
Hello poo meron pa po ba kayong other worksheets na pwede po pagpracticean pdf or file po ung complete accounting cycle po. Thank you po and super helpful po ng channel niyo
Hi Misheru, consider nmin itong suggestion mo. Keep safe!
Thank youuuuuuu
You're welcome, Gracelle ❤️
huhu thank u pooo
You're welcome Rima!
hi po..ask lg pi dun sa transaction ng march 16 na utilities expense..ano po ang journal entry bakit na deduct po sa owners equity..thanks po
boomclap bambam hi! Expense decreases equity and asset. You can refer to the expanded accounting equation or sa definition ng expense para mas maintindihan 😁
And sa mga terms nagugukuhan ako
Second year college 2nd year BPA
Spartans! AHOO!
4 days transaction/financial transaction ?
Pa help po..this not working for my activity
Transactions: ABC Company paid P600 to the creditors. Ano po yung entry na gagamitin? Pa help po. Tnx.
Cash (600) liability (600)
Decreased in cash Asset (600) credit side Decreased in Accounts Payable Liabilities (600) Debit side.
Ok
Pa journal entry nman po
Thank youu po.😁 ask ko lang po pano po kapag completed exploration work on credit in the amount of php 8,000. Help po hehe
Thank you po🙌2021
You're welcome James ❤️
Is it ok to not write the terms of accounts that deducts the owner's equity po?
Kuya tanong lang po, Pag sinabi pong Performed services for 25,000.? +cash +income po ba?
Naguguluhan po ako kung +AR and income sya eh...
Depende. Kung performed on account yun ay AR
@@FilipinoAccountingTutorial salamat po sa sagot 😊
Pwede po bang magvlog kayo ng mga terms like for example yung "billed" ano po maaapektuhan don yung asset, liabilities or OE po
Hello! Para sa mga beginners, we suggest mag advanced reading muna sa textbooks. Kung walang textbooks, magdownload ng app at dun mag advanced reading.
After advanced reading, then saka magwatch dito sa youtube channel namin. Hope it helps. 👍
First topic namin sa accounting elective subject 😭
Goodluck! 9IVES! Mag aral nang mabuti! ♥️
Hello po. Pa'no po i-compute kapag po 'yung given na 'yung accounting process from ledger to financial statement tapos po irerecord din po 'yung pang next month? Example po, Jan. Feb. Mar. yung may transaction then given na po yung mga sagot sa month ng January. 'Yung mga 'yon po ba is kasali pa rin po sa mga sagot para sa susunod na mga buwan? Iisa nalang po ba sila kapag ginawa sa sheets (app) or individual po? Thank you po.
Sir, ask ko lang po. Paano po mahahanap yung expenses? Ano pong equation? Ang given lang po kasi is assets, lia, o.e at income po eh. Thank you po in advance sa sagot. 🙇
Can you do it in columnar sorry pls?
Sir bakit po sa owner's equity nilagay ang 88k , may better explanation ka po ba sir?
Tanong lng po what if
October 3 Gracia purchased office supply for Php 22k by paying Php 12k then agreeing to pay the balance for 3months? San po sya ilalagay?
Sa liabilities rin po ba?
Dr. Office Supplies- 22K
Cr. Cash- 12K
Cr. Accounts Payable- 10K
Meron din po ba nyan sa BSBA?
May question po ako , dahil wala pong Income and Expenses po sa video, every income po ba laging ilalagay sa Owner's equity ? under what term po ng owner's equity? niba po kasi dalawa lang naman po yung under ng owner's equity? its either capital or withdrawal? pano po kung income ?
ilalagay po siya sa Revenue and Revenue is part po ng Owner's equity so definitely sa OE po sya malalagay. Ganito po kasi yan if may increase po sa Revenue it means po may increase din po sa Owner's equity kung increase naman po sa Expenses meaning po may Decrease po sa Owner's equity. And both income and expenses are part po ng Owner's equity kasali na ang Capital and Drawings.