Lesson 009 - The Accounting Equation

Hi! This is Sir Chua's Accounting Lessons PH
Lesson 009
The Accounting Equation
Link for Handout 009:
kevintroychua1...
Also available at
kevintroychua1...

[@levamuievos4411]

Badly wanna say thank you to you so much. I am already a first-year college student but since i took STEM strand during my jhs I was to take the subject of Fundamentals of Accounting and because of your videos I was able to know in advance what will be the next topic.. once tysm♥️

[@ma.catherinegeronimo2514]

We have the same experience, it's so hard to cope up with my classmates who take ABM Strand on their SHS. Thanks to Sir Chua I'm able to understand the lesson better!

[@Rianncano]

Same thing😔

[@user-oy2om9kw6p]

Saan po school niyo?

[@rommeltwainsilvano6072]

MY ONE WEEK CLASS IN JUST 17 MINS!! THANK YOUU SIR

[@Nor_0025]

currently 1st year BSA student and not ABM graduate since I'm under the old curriculum. grabie ang laking tulong neto po.. tatapusin ko tong FABM 1 and 2 bago mag enroll for 2nd term kasi may accounting subjects na next term.. God bless po sir

[@krazywomannnnnnn]

Goodluck po🌻

[@katherinegrace6317]

Thank you sir for making these videos! I am a STEM student but I'm planning to take BSA so naga-advance reading po ako and your videos help me a lot, sir! God bless po!

[@merianelleyongao4959]

Samee

[@karenarae]

Omg! We're exactly on the same page

[@SayonaraDakke]

thank you siirrrr!! I was having a hard time with this subject huhu.. pero now gets ko na as in and I got all answers correct aaaaaa! I owe you big time sir! Thank you po talaga🫡❤

[@andrealaulita9277]

Super thank you sir Mas naliwanagan po ako sa accounting equation😊 God bless you po😇

[@ryliemanabat8606]

Hello! I'm a Grade 11-ABM student from Ramon Teves Pastor Memorial-Dumaguete Science High School, and I would like to express my heartfelt gratitude to Sir Chua for this comprehensive discussion on The Accounting Equation. This video helped me understand the topic even more. Thank you very much! ☺️

[@ThetaLindaPNess]

Hi Rylie!!

[@ryliemanabat8606]

@@ThetaLindaPNess Hi Eureic!

[@ladyheartreymalynannhader1767]

Hi! Thank for this lesson, nababalikan ko ang hindi ko naitindihan last year when I was in Grade 11 ABM strand here po! Namomroblema ako tungkol sa kung Accounting Equation, etc. This lesson can help me understand better to recap my knowledge about accounting 😊. Thank you again! I am grade 12 now! 😂☺️😊

[@ThetaLindaPNess]

Hello, Sir Chua, I love your videos for accounting subjects because they are easy to understand. I am an ABM student and future accountant. I love you, sir!

[@danielantigua5379]

Thank you so much sir, I learned a lot of accounting terms by just watching you. It help me a lot, I am STEM student passionate to be a CPA in the future!

[@jovylyndante6800]

Last Lesson "Wag kang assuming 'pag 'di nangyari", in this lesson "'Wag mong angkinin kung hindi iyo", pinaghalong accounting and life lessons ang matututuhan natin kay sir Chua🤗🤣

[@Ohilovegirls07]

Thank you very much @sirchua for this understandable and comprehendible accounting lesson.. my first thought, ABM is a very difficult strand not until you deliver it with clarity..
Life saver talaga Channel niyo sir heheh..Thank you again

[@lovelymagnereyes7647]

OMGG MAY HAND OUTS, THANK YOU SO MUCH SIR!! This is a big help. We appreciate you

[@Sanlty]

Sir in detailed po talaga kayo magturo thumbs up po

[@potatogoogness3374]

Thank you sir! Nakakatuwa po makinig sa inyo dahil nagpapatawa po kayo that makes it engaging. Thank you sir for giving us example to further understand. ❤❤❤❤

[@eilenecortez9441]

Thank you so much sir. Sobrang nakakatulong po sa akin yung mga videos niyo po. Palagi po kasi akong naddisconnect or hindi nakakaattend ng meeting po namin sa FABM1. At tuwing bumabalik po yung signal ay nanonood po ako sa inyo. Naiintindihan ko po yung lesson dahil sa mga turo niyo. Thank you po ulit. God bless po! ❤

[@maryjynxgonzaga9371]

Thank you Sir Chua
Gets ko na po yung klase namin

[@shynrielconciso]

thank you sir! humss student here but planning to take BSA. this vid helps a lot! ❤

[@maryjucilouannverzano5439]

Hello Sir Chua! I am also a student of RTPM-DSHS and I just wanna say I'm very thankful for your lessons as an ABM student.

[@serialmaine9309]

So very thankful po, i have been watching your videos since school started, wala kasi talaga akong kaalam alam sa accounting and na i lagay ako sa abm kaya nag aaral talaga ako hahahaha.
Mahirap lang sakin dahil online class kami at sobrang hina ng signal samin kaya di ako makapag focus sa sinasabi ni maam. Kaya dito nalang ako nag aaral at kumukuha ng notes heheh that you so much po sir chua

[@joreekdylanagustin837]

Thank you sir. Hirap na hirap ako magsagot sa modules ko kasi Nde ako nakakasama sa mga online meetings naalala kopo yung channel nyo😍😍 thank you ng marami sir. Share ko din po sa mga kaklase ko channel nyo💕❤

[@domingacatindin3166]

Sir I’m so grateful naka tulong siya sa problema ko ngayun lalo na online class this day.

[@bernadithcabalquinto778]

THANK YOUUU po SIR!!!
I got it all correct! :) Because of you po lalo ako nagpupursigi at lalo ko pong minahal ang accountancy.

[@alphanightmare7058]

I got a perfect score❤✊

[@minchiet.aradillos9363]

Sobrang effective mo magturo

[@neilblanco6517]

Thank you so much po sa video na ito! Keep it up, Sir! God bless ❤️

[@mr_popoy]

Thank you sir chua HAHAHAHA nakaka excite po lagi ung mga lessons nyo ♥️

[@louelleraniellesuasin5708]

Hello, Sir Chua, I love your videos for accounting subjects because they are easy to understand. I am an ABM student and future accountant. I love you, sir! 🫶🫶🫶🫶🫶

[@ThetaLindaPNess]

Hello Louelle!!

[@louelleraniellesuasin5708]

Hello Theta!🫶

[@airyjl]

grabe ang galing magturo

[@lyzzelp.bacquiller9128]

TYSM Sir Chua. Overcame my report today 🖤👏

[@mariellecerdino343]

Thank you very much sir!!!😄 Godbless 😘😘😘

[@fatimaaustria3619]

Hi, sir! Thank you for lesson, it helps me a lot!

[@JoannaRossASolis]

THANK YOU FOR HAVING A HANDOUT!!! THANKYOU SO MUCHHH SIRRR

[@ribleelizamaev.2244]

Salamat Sir God Bless everyday.

[@julamirmadjid1888]

Thank you so much sirr, for this informative content.

[@KlarkMarquez]

Thanks sir! This was very very helpful indeed!

[@annieandrada3483]

Thank you so much sir Godbless 🤗❤️

[@raelaepok370]

Thank you Sir , and god blessed you

[@jocelalegre6624]

Thankyouu so much sir huhu it helps a lot Godbless po😍

[@reivenarquillo5746]

Thank you po! Very helpful.

[@jevyararaw4637]

Thank you po napakalaking tulong po nito samin

[@rodriguezanicolee.6597]

God bless sir! thank you

[@vincesabado9010]

ang galing mo po sir. so detailed

[@francisivanpanimdim8751]

Thank you po, Sir! ❤️

[@renzobabycakes]

Sir, tamong ko lang po diba po yung capital dapat owner's equity po siya? Bale asset=liabilities+owner's equity

[@catlegs6233]

yes, capital alias equity alias shareholders equity alias owner's equity

[@Haenielle]

Thank youu so much po.. It really helpss...

[@lauriannabrosoto3163]

THANK YOU SO MUCH, SIR!

[@nicoletamayo7344]

done watching sir! thankyousomuch!

[@peronceandro9186]

Thank you very much po sir🥰

[@itadakimeow]

thank you po, this helped me!

[@princesskateannbendana6608]

Sir question po pano po kapag sinabi “bought 1,500 worth of supplies for cash” is that an asset po ba or liabilities? How much po ung natira sa Equity? Thank you sir

[@silyn7104]

that transaction affects only the asset because when we Bought supplies we Debit
Supplies 1,500 and Credit cash 1,500 therefore there is no effect on the equity side of the equation
on a simple note, Bumili ka ng supply so nadagdagan ang Asset mo tapos nag bayad ka ng Cash para sa binili mong supply edi nabasan den asset mo. So walang effect sa Equity

[@ellac.2504]

THANK YOU SO MUCH PO SIR!

[@lanceortiz3861]

thanks sir! God bless po

[@jenevamaygaldiano2484]

Thank you Sir💕

[@jenifercoles2700]

Thank you, Sir!

[@carlosfidelcastro6213]

Thank you po❤️🥺

[@smartcosi10]

Thanks Sir, very helpful🤍♥️

[@twiceujjang7401]

Sir! Thank you po!

[@yishii5897]

Thank you po ❤

[@janinemalinao3707]

Thanks a lot sir Chua, I am studying for cup 1 po. Greatly appreciated. I am an incoming 2nd year student po, May I request po for a lecture and problem solving po for Intermediate accounting 1, topics are Agriculture, PPE, Investment property, Intagible asset and etc. Thank you po.

[@sirchuasaccountinglessonsp3030]

Please see Intermediate Accounting 1 playlist

[@jorgemaefrontuna405]

thank you so much po!

[@micadiongzonbarrera237]

THANK YOU PO ❤

[@kiana6440]

Thank u sir,keep safe >3

[@allyzamaebantulo938]

THANK YOU PO SIR

[@viajerjm.258]

I love you sir

[@sapsalingpusacattalkmaykwe1556]

Nice I got it perfect.

[@laiieeiecel_carat]

Salamat Sir!!!

[@angelahufano5288]

Thank you po!

[@avannyl3233]

Hello po sir. How po pag may income and revenue yung equation?

[@serialmaine9309]

Parang ganon lang ata kasi yung income at revenue sa owners equity din yan

[@jerliebaladjay9289]

Sir paano po pag inutang lang ng owner yong in- invest niya? Both asset and liability po ba siya?

[@caseyg.gatbunton7130]

You must record the investment as a liability

[@romaplopinio8573]

thank you po!!

[@legnamotovlog8593]

Thank you po...sir may tutorial din po kau ng TAXATION

[@treasuremaker8474]

Thank you po, sir.

[@kyutiehoon9507]

Teumeeee

[@pjsloml3171]

thabk you so much sir !

[@kellyayenga4621]

Thank you po

[@minchiet.aradillos9363]

Sir thank you

[@ducotjonalynjorillo39]

Thank you po ^^

[@jayanngarcia6528]

Thank Youuu

[@devilgodangel7392]

GALING TAKLAGA AHAHAHHAHAHAHHAHAHAH

[@mjmanuel4819]

thankyou sir

[@marshainadoromalpanen8778]

❤

[@wraith_s]

Thank you for this po! I just have a question. Hindi po ba lalagyan ng peso sign kapag ang question ay "how much is the assets/liab/capital?" ?

[@sirchuasaccountinglessonsp3030]

Cassandra Romano Hi! It doesnt matter as long as the amount is correct. Better if meron, no worries kung wala :)

[@wraith_s]

@@sirchuasaccountinglessonsp3030 Thank you for answering po!

[@feracondomia2181]

Sir paano po kunin ang Income, Expense at Profit?

[@melvintumala9103]

sir ask lang po, kung ano pong pinag kaiba ng current sa non current asset?

[@sirchuasaccountinglessonsp3030]

Please watch ruclips.net/video/l1PbKYpKj6g/видео.html bandang 11 minutes :)

[@melvintumala9103]

thankyou sir

[@stefbobier2983]

Hello sir! I'd like to ask. Diba po the definition of assets and liabilities are updated po?

[@sirchuasaccountinglessonsp3030]

Stef Bobier yep :) di naman gaano nagchange.

[@stefbobier2983]

@@sirchuasaccountinglessonsp3030 Yes po pero pwede po bang magtanong? Bakit po tinanggal yung "from which future economic benefits are expected to flow to the enterprise"? hehe salamat po

[@shellamaysaragina3097]

D ko ma download ung handouts 😭

[@kristofferalextorres6748]

5/5

[@maecdrop]

“nagkakaintindihan ba tayo?”
me: hindi 😭

[@CyydTheBonelessBundoc]

Equation:
Capital = Assets - Liabilities (A-L)
Assets = Liabilities + Capital (L+C)
Liabilities = Assets - Capital (A-C)
Problem 1: Perfect
1. 600,000
2. 1,200,000
3. 1,200,000
Problem 2: Perfect
1. 250,000
2. 2,000,000
3. 1,000,000
4. 3,304,000
5. 1,278,000

[@danielajcsn]

Thank you po, Sir! 🤗🤗

[@AimayPascubillo]

Thank you sir 🧡🧡🧡

[@bangtanmoments8112]

Thank you Sir!