Lecture 07: Value Added Tax. Merchandising Business. [Fundamentals of Accounting]

[@TheWomanThatYouAre]

tyL, and Sir Win! you both are my life savior in surviving my 1sy year as BSA student! labyu, mwaps! ingat palagiiii and live long for us po!!!

[@DreamFirms]

Another informative content from your channel!

[@SHARINAFORTU]

Thank you, sir Win!

[@trikzycabildo8801]

Bakit po divide by 1.12 yung purchase sa dec. 4 and other purchase transaction kung sabi po sa discussion na divided by 12% po dapat?

[@smilinandlaughin]

Thank you very much po Sir Win 😁.
Sir, in general po, ano po ang pinagkaiba ng debit sa credit memo? Up to now, nalilito pa po ako diyan, sa dalawa 😬.

[@ALEXANDERCATAN]

Excuse me po, sa dec 16 hindi po na include yung Notes payable

[@kiannedecena8316]

Hello, Sir! I have some queries to clarify po sana dun po sa transaction ng Dec. 30 😅
Unang-una po. Ask ko lang kung yung Dec. 30 po e isang klase ng closing entries?
Pangalwa po e, bakit nasa Debit po yung Output Tax ta's Credit po ang Income Tax? (Kasi diba po ang normal balance ng Output Tax ay Credit ta's and Income Tax naman po Debit)
Lastly po, if ever po ba na mas malaki ang Income Tax, may chance po na ng VAT payable ay maging Debit? 'Pag nangyari po yun, paano na po magiging format ng remittance?
Pasensya na po madaming tanong 😅 Sana po mapansin. Salamat po in advance! 😁

[@lien182]

Na explain nya sa discussion mga tanong mo