Accounting for Impairment of Loan Receivable

[@FilipinoAccountingTutorial]

𝗥𝗲𝘃𝗶𝗲𝘄 𝗼𝗳 𝗧𝗛𝗥𝗘𝗘-𝗦𝗧𝗔𝗚𝗘 𝗜𝗠𝗣𝗔𝗜𝗥𝗠𝗘𝗡𝗧 𝗔𝗣𝗣𝗥𝗢𝗔𝗖𝗛 🫶
th-cam.com/video/7xjnXyhZEd8/w-d-xo.html

[@dijetteabayari7550]

Thank you po! Sobrang helpful po ng tutorials niyo lalo na po ngayon na puro self-study kaming mga students!! God bless you po! :)

[@FilipinoAccountingTutorial]

Thank you too Dijette! Glad it helped kahit papaano especially puro self-study na. God bless! 💓

[@ronalynpascual4274]

Thankyou po for all the videos.. Big help po sa pag. Rereview.
More accounting tutorial pa po sana. Thank you 😊😊

[@FilipinoAccountingTutorial]

You're welcome Ronalyn!

[@lynjaraparcasio8744]

Thank you sir
You’re the best tutor ever 😀

[@grefortadilla_0088]

Great help. Thank you.

[@FilipinoAccountingTutorial]

Welcome Grefel!

[@patriciagorero1373]

Thank you Sir! Your videos help me a lot. God bless you💓

[@FilipinoAccountingTutorial]

You're welcome, Patricia. We're happy it help 🙂 Mag aral nang mabuti. God bless ❤️

[@39jewienreubal32]

Thank you sir!
sakto po sa assignment namin.

[@FilipinoAccountingTutorial]

Welcome Jewien! Mag-aral mabuti and keep safe 🙂🙂

[@kimberlyflores5247]

Thank you poooo really appreciated po

[@FilipinoAccountingTutorial]

You're welcome, Kimberly. And thank you too for appreciating our video ❤️

[@crystalkynaerguisa2059]

Very helpful

[@FilipinoAccountingTutorial]

Thank you for considering our videos.

[@mariyea69420]

thank you so so much sir

[@FilipinoAccountingTutorial]

You're welcome, mariyea! ❤️🙂

[@lofi........]

Hi Sir! Thank you for this video. Just want to ask lang po out of curiosity, bakit po kinecredit sa interest income and dinedebit ang allowance for doubtful accounts? And bakit po nagrerecognize pa rin ng interest income kahit na may impairment loss na? Thank you Sir❤❤❤❤

[@karenfayebadilles6071]

very helpful po

[@FilipinoAccountingTutorial]

Thanks karen. We're happy it is helpful ❤️

[@summerbliss2623]

Thank you po sa video na ito, very helpful. Ask ko lang po sir, pano kung hindi given yung Present Value Factor? Ano po gagamitin sa pagcompute ng PVF, yung interest rate po ba o market rate?

[@GouhldGalliguez]

Thank you po! :)

[@FilipinoAccountingTutorial]

Welcome and keep safe!

[@jamonmee]

Sir paano po pag may given din na effective interest rate. Bale 2 interest makikita sa problem ( stated at effective) alin po sa dalawa yung ikoconsider na original effective interest rate?

[@raymundopanchojr.8033]

bakit hindi fixed na 800,000 ang interest income ? paano malalaman na diminishing value naka based ung interest?

[@marckjohnpagurayan9733]

Sir. How bout yung interest income sa loan? San po nakabased? Carrying value ng loan?

[@Andrea-nw1xd]

Thank uuuuuu

[@FilipinoAccountingTutorial]

Welcome!

[@jiaralin]

Sir, hindi na po ba iko-compute yung present value ng loan as of Jan. 1, 2019? Para makuha yung discount ng loan? Tsaka bakit po hanggang 2024, where in 5 years lang naman daw po. Hindi po ba dapat hanggang 2023 lang?

[@ronchodas02]

Nagmodify kasi sya ng repayment. 1MM on 12.21.22, 2MM 2023 and 3MM on 2024.

[@dannmusico276]

Start ka sa 2020 mag bilang

[@aly_syl7008]

Paano po entry pag di inaccrued yung interest on a specific year? May changes po ba sa entry sir?

[@FilipinoAccountingTutorial]

Possibe na no need to record the accrual of interest dahil impaired na rin naman yung loan. Hope it helps, aly 🫶

[@aly_syl7008]

thank you so much po sir! tama po pala ginawa ko sa seat work hehe. God bless po sa channel ^^@@FilipinoAccountingTutorial

[@FilipinoAccountingTutorial]

You're welcome, aly! Mag aral nang mabuti 🫶 God bless on your accounting journey ❤️

[@rogelioestillore6502]

Bakit Po naging 264m di poba 2640m Doon sa 2020

[@crystalkynaerguisa2059]

Pano po pag di given ang data payment after 2019

[@maryrosem.morales623]

hello po! ask ko lang po paano nakuha yung 980k sa Allowance for Loan Impairment nung 2021. Thank you po and God Bless!

[@FilipinoAccountingTutorial]

Hello Mary! Impairment loss ay 1.46M. Since unlikely na ang collection ng interest, hindi natin ipwede icredit ang buong 1.46M sa allowance.
Kaya sa impairment loss na 1.46M, yung 480K jan ay para sa interest receivable. Then ung balance na 980K, yun ang maccredit as allowance.
Hope it helps.

[@pyolosophy4113]

Sir bakit po conpunded yung interest

[@musicanieli12]

Same question din po, bakit compounded yun interest, wala man po sinabi sa prob?

[@jed4192]

Payroll naman po 😊 pano