Basic Accounting | Accounting Cycle Step 10. Reversing Entries are Journalized and Posted (Part 1)

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  • Опубликовано: 29 ноя 2024

Комментарии • 59

  • @Kei-kk6mf
    @Kei-kk6mf 3 года назад +7

    Finally finished watching all your videos about basic accounting cycle po. Sobrang laking tulong po at marami akong natutunan. Hoping na mareplyan ako, what do i watch/study next po kaya?... And after that ano pa po next? Thank you sir!

    • @FilipinoAccountingTutorial
      @FilipinoAccountingTutorial  3 года назад +4

      Thank you for watching, Kei. Masaya kami makatulong 🙂
      So done ka na sa basic accounting cycle, yung basic accounting cycle na napanood mo is pertaining the service business 🙂 Merchandising business naman ang pag-aralan mo 🙂
      Here is the link of our basic accounting🙂
      ruclips.net/p/PLl-IwImaCVm7FDTaw6Xh5urQM9HYWFRau
      Look for the last video you watched sa playlist na 'yan 🙂 tapos dun ka na magstart.
      Arranged na ang basic accounting topics sa playlist na yan🙂 Mag aral nang mabuti ❤️

    • @Kei-kk6mf
      @Kei-kk6mf 3 года назад +2

      @@FilipinoAccountingTutorial Thank you so much po

  • @jennyobdam9213
    @jennyobdam9213 2 года назад +1

    Thank you sir. I am now confident enough to take Qualifying exam of Accountancy Department next week. God bless everyone ❤️
    I just can't express how thankful I am that I found this RUclips tutorial❤️

    • @FilipinoAccountingTutorial
      @FilipinoAccountingTutorial  2 года назад

      You're welcome, jenny 🙂 good luck on your qualifying exam! Hoping it will turn out good ♥️

  • @ellarivera441
    @ellarivera441 4 года назад +6

    binge watching these for 4 days !! i am already in the 24th video. it is really helpful!!!!

  • @blue-iu7hv
    @blue-iu7hv 4 года назад +4

    I could never express how grateful I am for your tutorials! God bless you po for making learning more accessible to everyone ❤️❤️❤️

  • @cleahdar0625
    @cleahdar0625 4 года назад +1

    Natuto po ako sa lahat ng steps sa tulong niyo, sir. Freshman BSMA student po ako at nakatulong po talaga etong playlist mo sa paggawa ko ng activities ko sa BFAR subject namin at mas naintindihan ko po yung libro namin dahil same po sa reference niyo. Salamat po ng marami! God bless ❤️

    • @FilipinoAccountingTutorial
      @FilipinoAccountingTutorial  4 года назад +2

      Walang anuman Cleah. Masaya kami makatulong❤️ Para mas lumalim pa ang understanding ng steps in accounting cycle, please practice pa ng practice ng pagsosolve.
      Marami pa tayo accounting videos dito other than BFAR. Hopefully, makatulong din ang mga iyon sa iyo in the future. Mag aral nang mabuti ❤️

  • @sta.inespatricialouise8450
    @sta.inespatricialouise8450 Год назад

    mas natuto ako dito sa youtube kaysa sa school, thanks po

    • @FilipinoAccountingTutorial
      @FilipinoAccountingTutorial  Год назад

      You're welcome, patricia 🙂 Hope this video lesson will help you. Mag aral nang mabuti ♥️

  • @melvinfuentes3800
    @melvinfuentes3800 4 года назад

    kaka basa ko lng nito sa book tas hinannap ko yun ng notify thanks.,

  • @Movie.Hub101
    @Movie.Hub101 4 года назад +1

    Thank u sir laking tulong po kayo.😊 ur an angel sir. New subscriber po.

  • @bernagalvez1512
    @bernagalvez1512 2 года назад

    Thank you so much, laking help po nito sa mga beginners. Nag start na po ako manuod ng playlist ng basic accounting, ano po kaya ang pwede isunod para po sana sa bookkeeping? TIA po! God Bless!

    • @FilipinoAccountingTutorial
      @FilipinoAccountingTutorial  2 года назад

      You're welcome, Berna. Masaya kami makatulong. Ang isusunod mo naman is accounting for merchandising business 🙂 check our playlist section and look for accounting for merchandising business playlist. Hope it helps 💜

  • @erikapalynblas347
    @erikapalynblas347 4 года назад

    ur vids are very helpful po! salamat po!

  • @michellemalvar8563
    @michellemalvar8563 3 года назад

    Hello po Sir. Thank you for the accounting tutorial na ginagawa nio po. It helps a lot. Sir, pede po bang gumawa rin po kayo kung paano mag close journal entries pag NET LOSS....PLS PO....

  • @hannahelycaontoy7007
    @hannahelycaontoy7007 4 года назад

    Thank you sir. Malaking tulong po kayo😊. God bless po❤.
    New subscriber po😊

    • @FilipinoAccountingTutorial
      @FilipinoAccountingTutorial  4 года назад

      You're welcome Hannah. Masaya kami makatulong. Thanks din sa sub. Malaking tulong yan sa channel. 💛

  • @callisto8891
    @callisto8891 3 года назад

    THANK YOUUU SO MUCH PO. I AM A BSA STUDENT SAYO KO LANG NAINTINDIHAN 😭

  • @anonymousunknown8036
    @anonymousunknown8036 4 года назад

    Thank You so much po💕

  • @charleslalawigan2755
    @charleslalawigan2755 4 года назад

    Very helpful!!

  • @frenchjaynuenay7695
    @frenchjaynuenay7695 4 года назад +1

    Wow

  • @niegasvincenth524
    @niegasvincenth524 3 года назад

    Thank you 👏

  • @larajoycemarano3982
    @larajoycemarano3982 4 года назад

    Thank you po 😇

  • @1cykrem394
    @1cykrem394 2 года назад

    ano po difference ng expense sa asset method at income method sa liability method?
    ty

  • @txtloona9043
    @txtloona9043 3 года назад

    salamat po!

  • @brionesjenalynmariel6949
    @brionesjenalynmariel6949 4 года назад

    THANK YOU PO 😇❤️

  • @ma.annaabueg987
    @ma.annaabueg987 3 года назад

    Sir paano po ang entry pag over ang nabawas sa sss ee irerefund po sa employee kasama ng salary thanks

  • @madridjericcyrusj.3840
    @madridjericcyrusj.3840 4 года назад

    Thank you lods lab you

  • @nickxie1085
    @nickxie1085 4 года назад

    thank you po

  • @sattysattie6523
    @sattysattie6523 2 года назад

    Hi po. Ask lang po. May case po kami. Post closing trial balance po ang binigay and and pinapagawa po sa amin is "Posting Beginning Balances". beginning balances po ba yun for the next month? Atsaka po, need ko pa po ba mag reversing entries bago mag proceed sa posting ng beginning balances for the next month or hindi na po? Sana po mapansin niyo ito sir. Thank you po :)

    • @FilipinoAccountingTutorial
      @FilipinoAccountingTutorial  2 года назад

      Hi po. Ask lang po. May case po kami. Post closing trial balance po ang binigay and and pinapagawa po sa amin is "Posting Beginning Balances". beginning balances po ba yun for the next month?
      Answer: Yes
      Atsaka po, need ko pa po ba mag reversing entries bago mag proceed sa posting ng beginning balances for the next month or hindi na po?
      Answer: Reversing entries are optional lang naman. If required sa case nyo na gumawa ng reversing entries, then do reversing entries.
      Hope it helps, Sattie :)

  • @smile-dy3dm
    @smile-dy3dm Год назад

    Hi Sir, sabi mo po optional ang reversing po, paano po kung yung sales invoice po is na issue last month and the client wants to change it to current month, paano po kaya yun, pwede po ba na hindi na ireverse yun?

    • @FilipinoAccountingTutorial
      @FilipinoAccountingTutorial  Год назад

      Hello, smile!
      Yes, reversing entries are optional. If this is the case, you check muna kung kailan ang month nadeliver ang goods or naperform ang service dahil doon dapat naka date ang sales invoice. Careful sa pagrereverse ng entries tulad noon. Hope it helps 🫶

    • @smile-dy3dm
      @smile-dy3dm Год назад

      @@FilipinoAccountingTutorial Sir partial delivery po kasi, ang mali po is nakapag issue po ako ng SI dated June and nung nag deliver po for completion nag ask po si client na palitan ang date ng SI, ang problem is na input ko na po yung sales last month,paano ko po kaya ireverse yun, patulong naman po kung paano ireverse yun Sir, di na din po pwede palitanang SI kasi on process na po sya.

  • @ms.gemini3908
    @ms.gemini3908 4 года назад

    My video na po ba kayo about voucher system?.. Thank you.. 😊

  • @dhanlestherd.tacuyog1053
    @dhanlestherd.tacuyog1053 2 года назад

    Sir, tanong ko lang po kung required ba na may explanations ang mga reversing entries. If ever sir na required, pwede po bang makahinigi ng example sir? Thank you po.

    • @FilipinoAccountingTutorial
      @FilipinoAccountingTutorial  2 года назад +1

      Yes, Dhan. Lahat ng journal entries required ang explanations mapa adjusting entry, closing entry, or reversing entry.
      Example ng explanation for reversing entry: To record reversing entry for (*insert the adjusting entry*)

    • @dhanlestherd.tacuyog1053
      @dhanlestherd.tacuyog1053 2 года назад

      @@FilipinoAccountingTutorialmaraming salamat po sir.

  • @debit512
    @debit512 4 года назад

    ❤️❤️❤️

  • @janellamaeyee5244
    @janellamaeyee5244 2 года назад

    Good Afternoon Sir, tanong ko lang po kung paano po siya irerecord sa ledger?

    • @FilipinoAccountingTutorial
      @FilipinoAccountingTutorial  2 года назад +1

      Katulad lang din ng posting of journal entries sa Step 3, Janella. Ganun lang din sa posting ng reversing entries. Hope it helps 🙂

    • @janellamaeyee5244
      @janellamaeyee5244 2 года назад

      @@FilipinoAccountingTutorial thank you so much po sir

  • @jasminejoyhuerno6368
    @jasminejoyhuerno6368 3 года назад

    Thank you so much po!