The Accounting Cycle Part 1(Journal entry, posting, unadjusted trial balance)

The accounting cycle part 1 will cover identification, analyzing of transactions, journalizing, posting, and trial balance.
The correct answers for our 2nd video entitled "What is GAAP?" are as follows:
1. Going Concern Assumption
2. Accounting Constraints
3. Cost Principle
4. Cost-Benefit Constraint
5. Full Disclosure Principle
6. Accounts Receivable
7. GAAP
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[@colesoiiniere3366]

Thank you for this po its really a big help for me im grade 12 abm students and im having a difficulty understanding how our teacher explains

[@weljebemkeren]

As an abm students ang laking tulong nito😭

[@virgilioventura2421]

You're so galing.. Thank you Sir.. Big help for me who is not an accountant and teaching accounting in Senior High

[@itssammy7658]

26:20
1. General Journal
2. Trial Balance
3. Post-Referencing
4. Credit side
5. Double-entry

[@hanamihayashi5201]

Sir please po pwede pong magprovide po kayo ng answer sa last minute ng video po para malaman namin if correct ang ginawa namin? Thank you na rin po sa videos niyo ang galing niyo magturo🥰❤️

[@marry-anndereche2456]

Thank You for this video sir very informative, organized and detailed explanation. Its very helpful to us accounting students, and serve as a refreshers for basic accounting and also useful as a reviewer to students like me who are reviewing for CAT 1. More videos sir and Highly recommended 👍

[@marrygracearnedo3541]

THANK YOU SO MUCH PO MADALING INTINDIHIN

[@Sidetripscenery]

Wow! Such a big help. Thank you very much, Sir🙏💕.

[@_arigato_honey3245]

Napakalaking tulong po ito☺️

[@TexViray]

Hello Sir, good afternoon. Just finished watching this video, and am so happy to have seen the entire video. I've learned so much Sir as I badly need these info for my new work as an accounting staff, my main job is bookkeeping, and to be honest, this was not part of my responsibilities from my last job as an Operations Head. We only do summary of purchases and sales, petty cash and bank reconciliation and filing ang paying of BIR taxes thru eFPS. Thus, this basic crash course was really a huge help to me. Hope you could find time to respond to my comment Sir, I wish to ask few q

[@anysiaelzen1595]

More videos please, big help for aspiring accountants. 💛

[@jheraldzz]

Thank you for this video. More info to come.

[@virgilioventura2421]

Awesome.. Very Brilliant.. So young yet so smart

[@JessaMaeCero]

Pinaka chada so far nga explanation🫣❤️

[@princesscaliao8282]

27:21 I just realized now. Zannah C. Navi Co is actually "Sana sinabi ko" 🤣🤣🤣

[@cherrymadelo7548]

Thank you...po..
God bless.

[@ryriieee]

ang galing. more videos po ng acctg! ♥️

[@sherrylyncepe6684]

Well explained. Thank you

[@pilipinascooking8909]

Thank you for the video I learned a lot.

[@kristineserrano6862]

24:05 Trial Balance

[@parkgunggung6597]

maraming salamat po

[@shielavinuya4899]

Thank you so much 🥰 marami akong Natutunan ..

[@dymhilescelwyn1317]

thank you, sir!!

[@dreamchaserbyjesconbedico5590]

Magaling. Thank you po.

[@kristineserrano6862]

10:42 Journal Entry

[@vergil5015]

Kuya Thank you po!!!!!

[@moskovscione3454]

THANK YOUUUU!!!! 😭😭😭😭❤️❤️❤️❤️❤️

[@babajideajayi8755]

Thanks for the lesson. It is highly rich in content. I have a question. Is there a rule on how the different accounts can be referenced? I could see that 101 was used for cash while 104 was used for office equipment.

[@itsfuntohaveareason]

There is, since account title are arranged so by knowing all the account title you can whether the acct no. Is 101, 102 and so on. Cash is 101, account receivable is 102 i this

[@itsfuntohaveareason]

I think*

[@imedzzz]

mas nagets pa po kita kaysa sa prof namin hehe salamat po

[@kristineserrano6862]

17:30 Ledger

[@johnkennethpramos3573]

Pwede po suggest Intermediate accounting naman po hehe

[@smartans288]

Wow maganda ang presentation pweding pasend yong pdf files mo gusto kung matuto dito..

[@liliiessss]

If you are free to change something in the accounting cycle, what would it be and why?

[@lorenjanacla3111]

thank you

[@manabilanginsiraha.561]

More videos plssss!😑 adjusting entries namn po🙏.

[@Akawnting]

work in progress na.. by next week published na sya :)

[@jeffreyomiranda2280]

@@Akawnting q
Scd5gio,bdkr4hy,/5cxqr79aw

[@za-alicasultan3291]

Million tnx

[@rowenazamoras7524]

Pwede po accrued utility expense sa unpaid bills

[@KishaCabz]

I'll answer the assignment if I did understand you, u have the the answer key here right?

[@marisonfuentebella9530]

nalilito ako😁

[@manabilanginsiraha.561]

thanks lot!

[@antoninovillete8229]

thank you so much...

[@itssammy7658]

16:09 hello, ask ko lang po kasi I still don't get it why sa supplies expense and supplies credit and debit is P15 000 instead of P5 000?

[@moskovscione3454]

yung 5000 worth of unused supplies is galing sa 20000 total, since 15000 worth of supplies lang yung nagamit yun lang yung irrecord sa journal. kung ano lang yung makaka apekto sa account yun lang yung irerecord.

[@Eluze]

Professional fees are reported as accounts payable in the Trial balance?

[@RolandoMaguad-n6l]

professional fees = revenue or income under sya sa Equity

[@chonamay_]

Hi, sir! Ang chart of accounts po ba provided na? O gagawan pa po mismo?

[@jasminetarasona596]

May accounting cycle part 2 po?

[@itsfuntohaveareason]

Hello po, curious lang po sa mga acct title nyo sa service, possible po bang SERVICE FEE ang ilagay?

[@rosekate149]

Hello po. Pwede po ba malaman kung ano ang mga do's and don'ts in preparing a worksheet

[@rocelvisere5529]

Saan po makikita yung answers sa assignment

[@manabilanginsiraha.561]

❤❤❤

[@fi2981]

Hello po, tanong ko lang po sa accounts payable paano po naging 9,500 yung last balance?

[@laurencej8020]

HELLO! im a bit confused about the trial balance. on the ledger, the ann jann capital was only 100,000 pesos and on the trial balance, why is it 150,000 pesos? please en
lighten meeee

[@phardsas9512]

Hello Sir, Ann Jan capital was 150,000 po. Makikita din dun sa transaction 1 and it composed of 2 assets which are cash na 100,000 and office equipment na 50,000. I hope I it helped you.

[@valeriejamviana9630]

Part 2

[@johannpauldalingay7329]

hello! May templates po kayo in Excel format? Great video po! :)

[@dove9321]

Hello tama po ba ako 5,608,000 yung balance?

[@chanchanhonner7109]

5,658,000 balance ko

[@iamdinkleberry]

san po ba ang answer sa Zannah C. problem?

[@andreyorkventura6587]

May answer po yung problem? San po makikita?

[@ninoangelodepedro5127]

im a 2nd year student and testing my retention... yung final answer po ba is P 5,608,000?

[@phardsas9512]

Hi Sir, pwede ko poba makita ang sa trial balance niyo para mafigure out ko saan banda ako nagkamali?

[@chanchanhonner7109]

Owmay 5,658,000 ang balance ko

[@eyeopener7159]

THE ANSWER IS : 5,658,000

[@javijkv6727]

kuya huhu bakit po sa trial balance walang accounts receivable?

[@lunaxxvaleria5084]

Ask lang what if pag percent naman po

[@kimberlyflores5247]

Part 2 po🙏

[@carlcharliemainerecinto6046]

May part 2 po ba ito?

[@alivioroseannz.6258]

My part 2 po nito

[@digitalbusinessplatform2492]

Hi sir Gerome!
Sir Cost Accounting and Control and it's application to businesses please. 💕💕🔥🔥

[@deniseannedimacali3216]

Bat di po kasama yung account receivable sa trial balance?

[@chanchanhonner7109]

Zero balance na po kasi ata

[@maybellevelarde4285]

Part 2 po??

[@daphniebarrera2009]

can we have the answers? so that we can compare to our answer huhu :((

[@mariviclimos7552]

huhu help me pls sobrang nababliw na po aq sa accounting huhuhu

[@angelenriquez96]

Sir paano po kapag nag purchased sya ng equipment pero di nabanggit kung sa account ba or cash? like this po “Mr. Okey Kayo purchased his kitchen equipment worth 80,000”.

[@crispinadaluddung1392]

Sabi nung teacher ko, cash pa rin po yan
Debit-equipment credit-cash

[@lediemirdelacruz432]

Permission to use Yung mga example Po para lang Po sa reporting salamat Po 🤍😊

[@bviewnature7985]

Where's the answers?

[@allysamijares3187]

Hi, saan po Part 2?

[@gabuteracheniem.4398]

Hiii! new follower here, may I know po the answers on the given assignment, I just wanna compare my answer kase hindi nag balance yung saken huhhu

[@daphniebarrera2009]

(2)

[@Sana-zr7sz]

Balayadu suu uhadlaya😢

[@ayweshabante8682]

Sana po mapost niyo yung correct answer

[@nyenye_]

Hello po! Pwede niyo po ba ishare if may journal template po kayo? thank you po :))

[@justinroisfrancisco6266]

hello sir. tanong ko lang po kung magkaparehas lang po ba ang double rule at double entry? thanks po.

[@ericayadaobautista2578]

Hindi po. Ang double rule ay iyong two lines sa may ibaba ng amount which indicates FINAL o no entries will be made after that. Ang double entry naman ay iyong pag-journal entry mo na may debit at credit side.

[@justinroisfrancisco6266]

@@ericayadaobautista2578 maraming salamat po

[@helitovillejo-pu2yg]

Pede Po bang patulong

[@gaymariecanumay6970]

Trial Balance : Debit is 5,658,000 and Credit is 5,658,000
Tama po ba? Hihihi

[@lunacharisseannc.6640]

paano po naging 5,658,000 akin po kasi 5,608,000 lang?

[@floreschona7]

Hi, Thank you po. Nasaan po yong answers? Check ko po yong test ko, please.

[@bviewnature7985]

Hello ano po yung answer hehehe gusto ko malaamn if tama din b sagot ko 😅

[@lovelyjoyrempillo6896]

@@bviewnature7985 pwede malaman sagot nyo