I really love the way you explain sir, sobrang linaw at dahan dahan at the same time ❤ I always go here everytime na may hindi ako naiintindihan sa subject namin, specially ngayon na modular learning kami. Sobrang laki pong tulong, Thank you sir, God bless ❤
Medyo naguluhan lang ng konti sa ending part hehe, pero i'll try my best to understand it. Keep posting lang po, marami paring kayong natutulungan lalo ngayong online learning season.
hello Murang Bahay! Are you referring sa ending inventory? If ito yun, please consider watching closing entries video nito. Salamat, masaya kami makatulong sa inyong online learning activities.
Hi Delnor! We're happy na naiintidihan naman ang aming mga discussions dito. Thanks! More videos pa soon! Marami pa kaming i-a-upload dito na accounting lessons 👍
May Question po ako sir. Diba ang mga accounts na icinclose ay ang mga temporary account pero bakit po included ang inventory if asset naman po ito? Sana po masagot may qualifying exam po kasi for freshmen yong university na eenrollan ko this coming July 1
Ang closing entries for inventory account is applicable lang sa periodic inventory system. However, kahit asset account ang inventory, maaaring maisama pa rin ito sa closing entries dahil kino-consider natin ang inventory account when computing cost of sales for periodic inventory system when preparing income statement. Lahat ng accounts na kinonsider when computing the profit/loss of the company should be included in the closing entries. Hope it helps, vivid! 🙂
Help po please. My assignment po ako sa merchandising. Pano po pag ang term sa discount is 2/10, 1/30 yung isa naman 2/10,2/20 di ko gets bakit hindi n/30? Pagganito po ba yung 1/30 and 2/20 discount rate din? Walang "you must pay net amount with in 30 days"?
Hello kathlen. Tingnan kung saan nilagay yung adjustment for ending inventory, if nasa adjusting entries then adjusting entry method yun. If nasa closing entries, then closing entry method ang ginamit. Hope it helps 🙂
Hi Jonald. Yes it is possible. But, most problems involving worksheet and financial statements for merchandising business have adjusting entries pa rin 🙂 Hope this video will help you ♥️
If ang adjusting entry for inventory is kasama sa closing entries, then closing entry method yun 🙂 If ang adjusting entry is hindi kasama sa closing entries, then adjusting entry method yun 🙂 Hope it helps, lovely ♥️
Hello po Sir. Pwede po magpatulong? Hindi ko po kasi magets/alam kung paano po ito irecord. -Furniture as an estimated useful life of 6 years. Its value is expected to be zero when it is retired from service. Thank you pooo.
Just keep posting po❤i always watching your videos kasi abm po kukunin ko ngayong pasokan❤
Thanks Mayer! Marami pa kaming i-a-upload dito na accounting videos! 👍
I really love the way you explain sir, sobrang linaw at dahan dahan at the same time ❤ I always go here everytime na may hindi ako naiintindihan sa subject namin, specially ngayon na modular learning kami. Sobrang laki pong tulong, Thank you sir, God bless ❤
You're welcome Shiela. And thank you din for watching 💛 We are happy na makatulong. Mag aral ng mabuti 💛
Maraming Salamat po sa pagbibigay ng ganitong content para sa mga abm students!!! Parang isang private tutor ka na po namin SHAHSAHSH MABUHAYYY
Walang anuman, DdeokSang 🙂 Sana makatulong ang mga accounting tutorials namin sa inyo ❤️ Mag aral nang mabuti 🙂
Medyo naguluhan lang ng konti sa ending part hehe, pero i'll try my best to understand it. Keep posting lang po, marami paring kayong natutulungan lalo ngayong online learning season.
hello Murang Bahay! Are you referring sa ending inventory? If ito yun, please consider watching closing entries video nito. Salamat, masaya kami makatulong sa inyong online learning activities.
Thank you po for doing this kind of tutorial dahil po dito nagagawa ko ung mga assessments ko sa accounting ng maayos 🥺
You're welcome Kyla! Mag aral ng mabuti 💛
Thank you po 😊 God bless ❤️
Thank you too Mariel! Stay safe.
@@FilipinoAccountingTutorial Ang galing nyo po mag explain,na iintindihan talaga,ipagvpatuloy nyo pa po Yan,maraming manunuod
Hi Delnor! We're happy na naiintidihan naman ang aming mga discussions dito. Thanks! More videos pa soon! Marami pa kaming i-a-upload dito na accounting lessons 👍
Thank you po.
You're welcome Gel
Pwede po bang lagyan ng adjusting entries kpag wlang bigay na additional information.Thanks po
hello po, if adjusting entry method po ang ginamit, how po siya ibabalance sa adj. trial balance? ilalagay po ba sa trial balance yung income summary?
Looking forward sa new upload nyo po 🥺🤎🤎
Hi Arlene. More videos soon!
Hello po, is it possible po ba na makagawa ng worksheet for periodic system kahit walang binigay na value ng ending inventory?
Hello po! what if hindi given ang Merchandise Inventory, Beginning?
Hello po ask ko lang po kung kasama po ba sa adjustments yung on hand supplies?
Ano po ba ang itsura ng closing entry kpag ni-record gamit ang adjusting entry method ang ginamit
hello po, what if closing entry method naman ang gagamitin sa pag-adjust ng inventory?
Same entries lang din. However, yung entries is isasama lang sa mga closing journal entries 🫶
May Question po ako sir. Diba ang mga accounts na icinclose ay ang mga temporary account pero bakit po included ang inventory if asset naman po ito? Sana po masagot may qualifying exam po kasi for freshmen yong university na eenrollan ko this coming July 1
Ang closing entries for inventory account is applicable lang sa periodic inventory system.
However, kahit asset account ang inventory, maaaring maisama pa rin ito sa closing entries dahil kino-consider natin ang inventory account when computing cost of sales for periodic inventory system when preparing income statement.
Lahat ng accounts na kinonsider when computing the profit/loss of the company should be included in the closing entries.
Hope it helps, vivid! 🙂
Manufacturing business naman po
Paano po yung closing entry kapag adjusting method po yung ginamit sa merch inventory?
Hello po! asan po yung closing entry method?
Hello po. Paano po kapag ginamit ang adjusting method? Paano po ang pangatlong entry sa closing entries? Salamat po!
Help po please. My assignment po ako sa merchandising. Pano po pag ang term sa discount is 2/10, 1/30 yung isa naman 2/10,2/20 di ko gets bakit hindi n/30? Pagganito po ba yung 1/30 and 2/20 discount rate din? Walang "you must pay net amount with in 30 days"?
Terms 2/10, 1/30:
Meaning may 2% discount pag paid within 10 days. May 1% discount naman pag paid within 30 days.
Hope it helps.
@@FilipinoAccountingTutorial thank you po 👍
Hello po sir, Pano po malalaman if closing entry method or adjusting entry method mo Ang ginamit po? Thankyouuu po
Hello kathlen. Tingnan kung saan nilagay yung adjustment for ending inventory, if nasa adjusting entries then adjusting entry method yun.
If nasa closing entries, then closing entry method ang ginamit. Hope it helps 🙂
Sir tanong ko lang kung ok lang zero ang merchandise inventory beg?
Hello Jeon. Yes. Kapag 1st year of operations ng merchandising business, zero ang merchandise inventory beg.
Salamat po sir!
Hello po Sir, is it possible for merchandising business to have no additional information for adjusting entries? It's kinda hard po🥺
Hi Jonald. Yes it is possible. But, most problems involving worksheet and financial statements for merchandising business have adjusting entries pa rin 🙂 Hope this video will help you ♥️
Sir pano po eadjust or epasok yung ending inventory? Walang nakarecord or stated na beginning inventory
Ay gets ko na... Yung sa income statement na lang po sa worksheet
Paggagawa ng income statement.. Di po ba isasama ang income summary?
Yes, hindi kasama income summary. 💛
@@FilipinoAccountingTutorial san po isasama ang income summary sir? Closing na?
private po yung ibang videos, dati po hindi..bakit po ganun?
Hi Tintin! We will fix it.
Yung mga private videos ay mga uploaded tutorials namin na iseshare namin soon once 100% complete na ang edit.
bat po walang sound
Paano po natin masasabi na adjusting method siya?
If ang adjusting entry for inventory is kasama sa closing entries, then closing entry method yun 🙂
If ang adjusting entry is hindi kasama sa closing entries, then adjusting entry method yun 🙂
Hope it helps, lovely ♥️
Hello po Sir. Pwede po magpatulong? Hindi ko po kasi magets/alam kung paano po ito irecord.
-Furniture as an estimated useful life of 6 years. Its value is expected to be zero when it is retired from service.
Thank you pooo.