Lesson 017 - Adjusting Entries 1: Prepaid Expenses (Basic Approach)

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  • เผยแพร่เมื่อ 31 ธ.ค. 2024

ความคิดเห็น • 88

  • @angelabeatriser.barredo2975
    @angelabeatriser.barredo2975 3 ปีที่แล้ว +2

    Thank you, Sir Chua! Sobrang naging helpful tlaga itong mga video lectures mo sakin. KLARONG KLARO ang explanations mo kaya hindi mahirap maintindihan. More powers, Sir! Sana madami pong teachers ang katulad mo. God bless!

  • @jessmiacacatian758
    @jessmiacacatian758 3 ปีที่แล้ว +2

    Thank you for sharing your knowledge. You help not only the students but teachers as well. God Bless you!

  • @jennd.8575
    @jennd.8575 ปีที่แล้ว +3

    Thank you so much po. Sobrang linaw ng explanation, ang galing! ❤❤

  • @rajdiorgorgeousdy
    @rajdiorgorgeousdy 5 หลายเดือนก่อน +5

    Thank you very much po sa video lessons niyo, Sir Chua! Wag niyo pong idedelete account niyo😭😍

  • @EIRRAHteume0807
    @EIRRAHteume0807 3 ปีที่แล้ว +1

    Thank you so much Sir Chua, at first I thought it will be really difficult for me to start studying this topic. But you made it easier for me to start advance reading and learning again. I hope what i have learned from this will be used when we tackle this on class. Thanks again sir.

  • @mariakristiauy3655
    @mariakristiauy3655 4 ปีที่แล้ว +2

    Thank You so much Sir Chua!! Now I am more willing to learn Accounting.

  • @Kim-cj5xg
    @Kim-cj5xg 2 หลายเดือนก่อน +1

    thankyou sir, you've been a great help para makakuha ng mataas na score sa funaco exam of a BSA na stem student

  • @user-ey5bn6ds2o
    @user-ey5bn6ds2o ปีที่แล้ว +1

    Grade 11 po ako and fabm 2 na kami ngayon but hindi ko masyado naintindihan yung lesson namin about sa adjusting entries last semester. Thanks po dito sobrang laking tulong! I will also watch your other videos din po!

  • @reymarkperez1780
    @reymarkperez1780 3 ปีที่แล้ว

    THANK YOU PO FOR MAKING IT EASY TO UNDERSTAND AND YOU ARE REALLY A HUMBLE PERSON PO THANKS

  • @jo_brt
    @jo_brt 2 ปีที่แล้ว +3

    Thank you so much, sir for free accounting lesson. My instructor wonder, why I've been acing all of her quizzes, though I don't have background on accounting during my SHS.💛💛 Super bilis ko lng na catch up. Galing mo sir💛💛👐👍

  • @janed.camiling8822
    @janed.camiling8822 2 ปีที่แล้ว +3

    Thank You Sir for your Video, helps me so much to understand Lesson in FABM1&2. Permission to use your video to my class in ABM. Mabuhay & Maraming Salamat po

  • @neeceedits
    @neeceedits 3 ปีที่แล้ว

    Thank you very much, sir Chua! you're my savior especially in my FABM subject

  • @HaoHaoisHere
    @HaoHaoisHere 2 ปีที่แล้ว

    THANK YOU PO SIR!!!!!! LIFE SAVER PO TALAGA KAYO HUHU. MARAMING MARAMING SALAMAT PO TALAGA

  • @zircon03
    @zircon03 ปีที่แล้ว +27

    that is true, the math isnt even complicated, like they said, "Take accounting, kasi magaling ka sa math" it really needs more english than math hahahahha

  • @victoriastephanieformoso6944
    @victoriastephanieformoso6944 4 ปีที่แล้ว +1

    Mas marami pa po ako natutunan sainyo kesa sa prof ko. Thank you, sir!!

  • @summeryangyang4107
    @summeryangyang4107 2 ปีที่แล้ว +2

    OMG,I wanted u to be my prof😭ang bilis ko naintindihan samantalag gulong gulo ako nung prof na namin nag tackle nito😫U r teaching is amazing po!THANK YOU SO MUCH😹

  • @michaeldovahkiin6691
    @michaeldovahkiin6691 4 ปีที่แล้ว +13

    😂 Jimin 💜 thank you again sir! We really need more accounting educators like you.

  • @Sajolanlance
    @Sajolanlance ปีที่แล้ว +2

    iloveyou sir chua, salamat sa mga vids mo po

  • @leiladaguman7867
    @leiladaguman7867 4 ปีที่แล้ว +1

    Thank you, sir! Very helpful siya sakin ❤️

  • @joselitocapuz9590
    @joselitocapuz9590 3 ปีที่แล้ว

    Thank you po sir chua 😊😊napaka clear po ng pagpapaliwanag nyo..

  • @alcantaravirlyn6878
    @alcantaravirlyn6878 3 ปีที่แล้ว

    Thank you sir! I am having a hard time in adjusting entries po but you made it easy for me to understand. Godbless sir!

  • @yishii5897
    @yishii5897 4 ปีที่แล้ว

    I am very excited in this lesson sir.. thank you for discussing it clearly ❤😊

  • @patriciaestella1597
    @patriciaestella1597 4 ปีที่แล้ว

    Thank you sir Chua! I’ve learned a lot, keep it up!!

  • @cxoxo2004
    @cxoxo2004 2 ปีที่แล้ว +1

    thank you so much sir!

  • @icarlaj6574
    @icarlaj6574 ปีที่แล้ว +3

    katuwa manood vids mo Sir thanks!

  • @jenyfermandia2786
    @jenyfermandia2786 2 ปีที่แล้ว +1

    Thank you so much sir! It is really a big help!

  • @istitikplays9580
    @istitikplays9580 3 ปีที่แล้ว

    Thank you po nag ask yung teacher ko sabe bat dame ko daw alam..sabe ko secret haha joke sabe ko may referrence ako si Sir Chua.. ❤

  • @jamavida7222
    @jamavida7222 2 ปีที่แล้ว

    You're so good po talaga, thank you so much!

  • @aprilii1583
    @aprilii1583 3 ปีที่แล้ว

    thank u sir Chua💜
    and now I understand how to get a adjusting entry's (pero sakto lng 😅)

  • @95yapi
    @95yapi 4 ปีที่แล้ว

    Salamat dito, Sir! Sa'yo ko lang po pala maiintindihan ang AJEs hahaha!

  • @hannairenefamudulan6522
    @hannairenefamudulan6522 2 ปีที่แล้ว +2

    thank you Sir! medyo nagegets ko na po huhu finallyyyy

  • @ruffa3588
    @ruffa3588 5 หลายเดือนก่อน +4

    Hello po Sir Chua, baka po may exercises kayo or example pa po na pwede namin i-solve or pagpractisan 🥰❤️

  • @Inevitable28
    @Inevitable28 ปีที่แล้ว

    Sir thank you for this. Godbless you and more power.

  • @ciaramarave1515
    @ciaramarave1515 3 ปีที่แล้ว

    THANK YOU SIR CHUAAA YOU SAVED MEEEEEE😫♥️

  • @genuinedreamer6918
    @genuinedreamer6918 3 ปีที่แล้ว

    Thank you sir, galing po ninyo magturo.

  • @lenelynmetran2539
    @lenelynmetran2539 3 ปีที่แล้ว

    Hello po! Sir Chua sobrang laking tulong po ng video na ito para sa akin po lalo na po na minsan nahihirapan po ako sa adjusting entries. Ask ko lang po kung may mairerecommend po kayo sakin na books or website po na maraming transactions para sa journal entries and about po sa adjustments entries po. Bilang lang po kasi yung example na binibigay ng teacher ko po e.
    Thank you po

  • @maearianboter6052
    @maearianboter6052 ปีที่แล้ว +2

    thank you and God Bless po sir

  • @paulinepunzalan437
    @paulinepunzalan437 3 ปีที่แล้ว

    Thank Sir na merong katulad nyo

  • @arzia7897
    @arzia7897 4 ปีที่แล้ว +1

    Sir Chua: " accounting is really more on english rather than mathematics"
    Me who loves english and sucks at math : well, I think I've come to the right place🙄

  • @celfacanania5984
    @celfacanania5984 2 ปีที่แล้ว

    Im a fan of you sir.
    Thank you

  • @maryantoinetteblancada6079
    @maryantoinetteblancada6079 3 ปีที่แล้ว

    Thank u sir❤️ I learned a lot po

  • @davide-m7z
    @davide-m7z 3 ปีที่แล้ว

    Thank you sir💓
    Goodbless po

  • @princessjonabellebaylon3835
    @princessjonabellebaylon3835 4 ปีที่แล้ว

    Omyghad thank you very much sir chua!

  • @juliuscezarf.rivera1870
    @juliuscezarf.rivera1870 3 ปีที่แล้ว

    Good day Sir Chua. Im a follower. Best Acctg tutorial so far. Thanks.
    I need your Clarification on my opinion please:
    Asset Method vs Expense Method
    Please correct me if Im wrong.
    Asset Method
    is better because Journalizing is fewer than expense method and timing is timely:
    First, recording as asset as purchased;
    Second, adjusting entries at the end of acctg period for used assets
    Expense Method
    Requires more journal entries and timing is quite not normal (i think):
    First, purchases of assets are recorded as expense;
    Second, adjusting entry at the end of period for unconsumed assets.
    Third, Im not sure of this, but on the new acctg period. Another journal entry is needed to record the remaining assets as expense again.
    Am I thinking it right, Sir Chua?
    PS:
    I just started watching you vids this week and am learning a lot.
    I am planning to program an excel spreadsheet for acoounting of small businesses and apply the things Im learning from your tutorials.
    Thanks and have a nice day, Sir Chua.

  • @justiceleague9110
    @justiceleague9110 4 ปีที่แล้ว

    very helpful! thank u sir!!! 💜

  • @asoulf7106
    @asoulf7106 2 ปีที่แล้ว +1

    thank you so much😇😇

  • @PlakaNiJe
    @PlakaNiJe 3 ปีที่แล้ว

    Ako na muntikang malimutan mag Screen shot,,, buti nabanggit ni sir chua

  • @angelbosita9684
    @angelbosita9684 2 ปีที่แล้ว

    Thank you prof!💚

  • @beacyralansang1569
    @beacyralansang1569 4 ปีที่แล้ว

    Thank you so much sir!!

  • @maryangeline4814
    @maryangeline4814 4 ปีที่แล้ว

    thankyou po sir,Godbless

  • @joechibangu2007
    @joechibangu2007 2 ปีที่แล้ว

    More positive vibes!

  • @michellejanegrafil2986
    @michellejanegrafil2986 ปีที่แล้ว +1

    Thank you❤

  • @alexira8953
    @alexira8953 8 หลายเดือนก่อน +3

    Sir chua pwede po makahingi ng other activities for all the adjusting entries? Ty po.

  • @viraycaptainjv8656
    @viraycaptainjv8656 2 ปีที่แล้ว

    Thank you! 🤎

  • @Joana-of7ke
    @Joana-of7ke 6 หลายเดือนก่อน +5

    Dito ko lang nagets assest method and expense method HAHAHAHA

  • @dunggonmariellekayer.1470
    @dunggonmariellekayer.1470 4 ปีที่แล้ว

    Thank u po😊

  • @espansosophialorraine
    @espansosophialorraine 3 ปีที่แล้ว

    Thank you sir!

  • @jamesbeethovendumao4450
    @jamesbeethovendumao4450 2 ปีที่แล้ว

    The best!

  • @marrianecamilleescabarte2028
    @marrianecamilleescabarte2028 3 ปีที่แล้ว

    Thankyou sir, madali pong magets yyung lesson kaso mahina po yung boses ninyo, sana po malakasan kahit konti po sa susunod Thankyouuuu🖤

  • @louellaam3672
    @louellaam3672 3 ปีที่แล้ว

    THANKYOU SOMUCH SIR

  • @Wisky19
    @Wisky19 3 ปีที่แล้ว

    Hi sir, as of April 30 which is the end of the accounting period the checks prepared by the company are not yet issued to the payees what I did I reversed the entries back to cash. What about in the beginning of the accounting period which is May 1 what journal entry should I make related to the reversing entry that I made.

  • @shane457
    @shane457 2 ปีที่แล้ว

    thankyou sir!

  • @yaonlylivoncex
    @yaonlylivoncex 3 ปีที่แล้ว +1

    BAT ANG KOMPLIKADO MAG TURO NG TEACHER NAMIN HUHU, MARAMING SALAMAT PO!

  • @djherrero1086
    @djherrero1086 4 ปีที่แล้ว

    Sir, pag sa mismong tanong diba po isang dr and cr lang naman po need, bale pano mo malalaman if anong method gagamitin?

  • @beiann6675
    @beiann6675 2 ปีที่แล้ว +1

    Hello Sir, paano naman po ito? huhu
    31-Oct-20 Adjusting Entries
    Adjusting 1: Record the depreciation expense related to Service Vehicle amounting to Php 6.300.
    Adjusting 2: Assume that Php 6,000 of the supplies were used.
    Adjusting 3: Record insurance expense related to vehicle.

  • @shanecezar9991
    @shanecezar9991 2 ปีที่แล้ว

    how to handle the hand outs sir ?

  • @denesseignilan5139
    @denesseignilan5139 4 ปีที่แล้ว +1

    Sir,ask ko lang po. ano po magiging date nya halimbawa sa half of the month nag start then mag eend sa hindi pa magsasakto ng month? EXAMPLE PO, Dec 16,2018 - Feb 14,2019?

    • @shinkaname7473
      @shinkaname7473 4 ปีที่แล้ว

      hala pano nga pag ganyan

    • @shinkaname7473
      @shinkaname7473 4 ปีที่แล้ว

      no entry ata kapag ganyan hmmm or baka may specified siya na way kung paano ica calculate. halimbawa kung magkano yung nababawas each day. ah basta dikomaexplain

  • @causeitskr
    @causeitskr ปีที่แล้ว +2

    💓💗

  • @Thatgirl_xoxox
    @Thatgirl_xoxox 2 หลายเดือนก่อน +1

    Dko gets at dko alam paano isulat sa SFP

  • @lesmerperez2870
    @lesmerperez2870 2 ปีที่แล้ว

    sir, bat wala kayong lessong ant sa partnership T.T

  • @jomhelsanchez6633
    @jomhelsanchez6633 3 ปีที่แล้ว

    Done po

  • @rajdiorgorgeousdy
    @rajdiorgorgeousdy 5 หลายเดือนก่อน +1

    ang hirap 😭😭😭 pano niyo to natatandaan

  • @AbethNorwayhuhu
    @AbethNorwayhuhu ปีที่แล้ว

    Ask ko lang po, ano pinagkaiba ng revenue sa asset? Why revenue cannot be asset? Sana po masagot huhu

    • @christianavelina8738
      @christianavelina8738 ปีที่แล้ว +2

      Revenue is not classified as an asset in accounting because revenue represents income earned by a business from its primary operating activities, such as selling goods or providing services to customers.

    • @kenalvincorrea2738
      @kenalvincorrea2738 ปีที่แล้ว

      Revenue is owed to the owner Part sya ng Owners equity. Ang katumbas naman ng revenue is Cash which is an asset. kapag tumaas ang revenue, tataas ang cash. Para balance ang equation.

    • @ely7973
      @ely7973 ปีที่แล้ว +1

      bale revenue is what you earn po kasi and it’s equivalent to cash. cash is an asset

    • @dnn_rain
      @dnn_rain 7 หลายเดือนก่อน +1

      revenue is obviously kita but asset is yung mga ginagamit natin para kumita. based on my understanding sa tr namin🥰

  • @bhminihoeh3924
    @bhminihoeh3924 2 ปีที่แล้ว

    Good day sir, I would like to inquire something. Can I ask for you email? Thank you, sir!

  • @Eunice-y4y
    @Eunice-y4y 11 หลายเดือนก่อน +5

    My fault for not watching accounting videos before pursuing BSA🥹😭 Thank you Sir for your video. It acts as an Encouragement for me na hirap sa Accounting🥹

    • @cleyowki
      @cleyowki 6 หลายเดือนก่อน +2

      How's being a BSA student po? HAHAHAHHAA im an incoming freshie kase na HUMSS graduate, kaya im reviewing fabm😭

    • @sophiadfirst1926
      @sophiadfirst1926 5 หลายเดือนก่อน

      Sameee

    • @kaeamira
      @kaeamira 3 หลายเดือนก่อน +1

      @@cleyowkigoodluck nalang ate koh HAHAHAHAHAHA bsa din ako na galing humss

  • @markojose5028
    @markojose5028 3 ปีที่แล้ว

    Thank you sir ❤

  • @johnlynalmario9188
    @johnlynalmario9188 3 ปีที่แล้ว

    thank you, sir!