MANUFACTURING ACCOUNTS (PART 2)

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  • Опубликовано: 8 янв 2025

Комментарии • 245

  • @FOGAccountancyTutorials
    @FOGAccountancyTutorials  3 года назад +42

    Please the old WhatsApp number isn’t working anymore
    This is the new WhatsApp number👇🏻
    +233596316536
    Thanks

  • @ramiyoaziz8024
    @ramiyoaziz8024 4 года назад +17

    You are one of the best accounting lecturer I have so far come across sir. God bless you

  • @derrickmwangi3297
    @derrickmwangi3297 3 года назад +21

    Ah yes!
    FOG has done it again 😁
    You're truly gifted in the art of teaching.
    God bless you.

  • @panfordkhalifa7343
    @panfordkhalifa7343 2 года назад +7

    I'm happy with the tuition sir. At first I was lagging behind until I came across your lecturing.

  • @godfreylumbala1434
    @godfreylumbala1434 3 года назад +9

    Clear Explanation.... this work is worthy a maximum appreciation... Continue with the good work sir.

  • @adjeiisaac5798
    @adjeiisaac5798 Год назад +5

    If not FOG,who can make accounting easier for me
    God bless you and continue the good work…thank you father 🎉

  • @ebrimasuwareh4773
    @ebrimasuwareh4773 4 года назад +12

    Sir my God bless you and give you progress in life

  • @LEAKEYOTIENO-kq2uh
    @LEAKEYOTIENO-kq2uh 9 месяцев назад +3

    Iam leakey from Maseno University pursuing bachelor of degree in accounting and finance I love your lectures sir you really toil to make us understand this things well

  • @fredoryek7340
    @fredoryek7340 2 месяца назад

    I love you tutorials, may always continue sharing for us these accounting tutorials, It's like I have understood this more than all the viewers. Congratulations.

  • @Brightacademicsolutions
    @Brightacademicsolutions 9 месяцев назад +1

    Thank you for the work being done in our journey. Keep it up. Uganda s are enjoying

  • @darlingtonzaah8968
    @darlingtonzaah8968 Год назад +1

    Sir, the good lord has really blessed you with the gift of teaching Accounting. Thank you so much.

  • @gbeblewuemefa8133
    @gbeblewuemefa8133 2 года назад +1

    Thanks for your tutorials. You are saving souls down here. God bless you so much.

  • @obillaezra6205
    @obillaezra6205 2 года назад

    Watching you from Tanzania” indeed you deserve my congratulation” for how you deliver” keep it on

  • @ErcNsabyumukiza
    @ErcNsabyumukiza 2 года назад +1

    hello my lovely FOG. I am very excited to have you sir!!!!
    i have been passed my exam well after viewing manufacturing account as well as partners account. let
    more blessings from LORD GOD be upon you.
    thanks

  • @salamafeez967
    @salamafeez967 Год назад

    thanks for the tutorial sir God bless and help all those you have helped out directly and indirectly
    this is my first year in university in Nigeria, your tutorial really helped me in depreciation and manufacturing accounts this particular manufacturing account i solved the balance sheet and it balanced
    thanks sir i appreciate.

  • @michaelbampoe0053
    @michaelbampoe0053 3 года назад +1

    Well done sir... I really now get the concept about manufacturing account.. thank you and God bless you

  • @kaksbaru
    @kaksbaru 3 года назад +4

    Thank you FOG for the great work am so helped by your videos waiting for part 3 sir. Just cant thank you enough

  • @osamadupe1018
    @osamadupe1018 11 месяцев назад +3

    Purchases in the question you read was N372000 but in your calculation, you wrote N372200.
    I realized that after I solved the question by myself and everything balanced on the statement of financial position and comparing it to yours.

  • @mwendemunyaka8267
    @mwendemunyaka8267 3 года назад +8

    Im actually going to pass my test ..... Thank you... you have made it so easy🙌🙌

  • @duggMwachofi
    @duggMwachofi 9 месяцев назад +2

    point of correction:"Royalties are indirect expenses therefore they should be considered as factory overhead not direct expenses"

  • @OswaldMpundu
    @OswaldMpundu 6 месяцев назад +1

    If I get a chance to give my votes of thanks on my graduation in will mention you as one of the most helpful people in my journey

  • @aa.jayyyy
    @aa.jayyyy 3 года назад +11

    purchases of raw materials was 372000 and not 372200.... It made it change the whole answer that I got.

    • @SHADDYKIRUI
      @SHADDYKIRUI 9 месяцев назад

      Yeah

    • @kimhighschool4607
      @kimhighschool4607 9 месяцев назад

      😢 yeah you are quite keen

    • @laurettawilliams3416
      @laurettawilliams3416 4 месяца назад

      Yh it's true 😩

    • @Dorcas-w9v
      @Dorcas-w9v 4 месяца назад

      The correct figure is the 372200 from the terror text book.. So probably he Made a typing mistake

    • @AcolaAnna-j3y
      @AcolaAnna-j3y 3 месяца назад

      yes you're very right i also notice that it was 372000 not 372200

  • @abigailgadzo
    @abigailgadzo 10 месяцев назад

    Hurrayyy!!! Thank you very much for this down to earth lesson!

  • @samueltulasi6525
    @samueltulasi6525 3 года назад

    I did accounting at SHS level and unfortunate for me, our teacher was a drankard. All along I thought accounting is difficult but you proved me wrong as I follow your tutorials.
    God bless you

  • @hadassahbuabeng
    @hadassahbuabeng 8 месяцев назад +1

    I really like your tutorials
    It's helping me a lot 😊

  • @ERICKKAKUBA
    @ERICKKAKUBA Год назад

    YOUR A GOOD AND TALENTED LECTURER, SO AM PROUD FOR YOU.

  • @ebrahimnjenga3704
    @ebrahimnjenga3704 3 года назад +2

    my goodness! this is amaizing, Thank you very much.

  • @splendidnyakeh5020
    @splendidnyakeh5020 3 года назад +3

    Well understood. Thank you Sir for your good work

  • @kabirmungal1832
    @kabirmungal1832 3 года назад +3

    Your videos are so helpful and you make it look so easy thank you and keep up the good work❤️

  • @nonokopong
    @nonokopong 4 месяца назад

    I dont know how to thank you
    Thank you so much from Botswana

  • @rosekoech8763
    @rosekoech8763 2 года назад

    Helpful,, thank you so much for such a wonderful explaination and illustrations on manufacturing account

  • @dominicmutia4211
    @dominicmutia4211 4 года назад +15

    Good work sir. please do a video on non profit and partnership accounts

    • @maameakua4018
      @maameakua4018 3 года назад

      We are waiting please

    • @FOGAccountancyTutorials
      @FOGAccountancyTutorials  3 года назад +4

      Some aspects of partnership are already uploaded...

    • @lindakessie9491
      @lindakessie9491 2 года назад +2

      @@FOGAccountancyTutorials please can you upload a video on department account

  • @moreennambuya4762
    @moreennambuya4762 Год назад +1

    Hello sir, am here from Uganda and your tutorials have been my life saver, am having accounting in two days but I guarantee that u are all every accounting student needs allover th world, much love 😍😍😍from Uganda 🇺🇬🇺🇬🇺🇬

  • @YakubuIsaacDeGreat
    @YakubuIsaacDeGreat 7 месяцев назад

    Sir may God give you progress
    Am so lucky be in this amazing platform

  • @marionlikoye9170
    @marionlikoye9170 3 года назад

    You are such a genius,,,,I love your tutorials

  • @keekeesk
    @keekeesk 5 месяцев назад

    ❤❤❤❤❤
    Thank you for all the tutorials

  • @estherzalwango6470
    @estherzalwango6470 2 года назад

    Hi sir. Am in Uganda but thanks alot your teaching is helping alot as I prepare for my June sitting. May God bless you.

    • @FOGAccountancyTutorials
      @FOGAccountancyTutorials  2 года назад +1

      Amen 🙏🏽

    • @cedrictchakounte461
      @cedrictchakounte461 11 месяцев назад

      hello sir I like your teaching am from Cameroon writing the government exams I Will really need your help base on accounting

  • @kyomuhendoJohn-fq6dq
    @kyomuhendoJohn-fq6dq Год назад

    Thank you sir very much for helping me may God bless you abundantly

  • @mildredmboha1967
    @mildredmboha1967 Год назад

    Thank you for this tutorial, it was clearly understood .

  • @wisebrotherscomedy9289
    @wisebrotherscomedy9289 Год назад +1

    Thanks sir. My name is Aguer Adup from South Sudan but studying in Uganda in university called Kampala university. Am very happy to have learned how to prepare manufacturing accounts with you because am a student of accounting and finance now i don't know if you can also help me with FIFO and LIFO methods

  • @nolwazibaras1559
    @nolwazibaras1559 9 месяцев назад

    Thank you so much Sir, this video was made everything crystal

  • @kelvinofon5064
    @kelvinofon5064 2 года назад

    Your are the best easy understanding

  • @maxwellokeke8814
    @maxwellokeke8814 11 месяцев назад

    Your class has helped me alot

  • @gagborita2680
    @gagborita2680 3 года назад +1

    That's great sir, thank you very much

  • @javanodhiambo5534
    @javanodhiambo5534 2 года назад

    so nyce its made easy in my CPA exams

  • @williamkai1664
    @williamkai1664 Год назад

    Currently doing CPA without attending any lecture apart from yours😊, l just wish l could meet you in person thank you

  • @maameafua9845
    @maameafua9845 3 года назад

    Thanks very much sir .I'm waiting keenly for part three

  • @Mustardke
    @Mustardke 2 года назад

    Wow so amazing 🤩 I have really understood 🙂

  • @JohnSuleiman-w7g
    @JohnSuleiman-w7g Год назад

    tank u sir to explain manufactur account , am interested it ❤🎉🎉

  • @dwightshang7651
    @dwightshang7651 3 года назад

    These videos are really helpful

  • @josiemukeli3584
    @josiemukeli3584 Год назад

    God bless u sir. It balanced ❤

  • @osemekemenilumah4194
    @osemekemenilumah4194 3 года назад +2

    Thank you so much sir,like this has been really helpful...But i would have love to just see you do the statement of financial position part😂✊🏽though the question is so long.

  • @isaackchangwony5022
    @isaackchangwony5022 2 года назад

    Woow thank you so much.I can now understand 💖

  • @molamindemba930
    @molamindemba930 Год назад

    Sir I don’t even know how to describe you, I skipped my accounting classes at the school and do my other business at home because I know that you’re here to rescue me. You’re just amazing. May God reward you abundantly.

  • @rachela.7177
    @rachela.7177 Месяц назад

    Good explanation,Iam getting somewhere

  • @prudencetsaurai3527
    @prudencetsaurai3527 6 месяцев назад

    The best tutor

  • @asmaadam5376
    @asmaadam5376 Год назад

    I have benefited alot

  • @kalistoomondi5944
    @kalistoomondi5944 2 года назад +1

    Good job, Watching from Kenya. Kindly take us through IAS 7- Cash flow.

  • @amadigeorge6968
    @amadigeorge6968 3 года назад +1

    I enjoyed the manufacturing account part 2 and I'm also waiting for you to upload the part 3 of manufacturing account that involved manufacturing profit and market value

    • @FOGAccountancyTutorials
      @FOGAccountancyTutorials  3 года назад +1

      I'll upload that soon. Thanks for the feedback

    • @amadigeorge6968
      @amadigeorge6968 3 года назад

      @@FOGAccountancyTutorials ok

    • @barkeification
      @barkeification 3 года назад

      I am eagerly waiting to see part 3 of manufacturing a/c ... U r my hero

    • @prof1z
      @prof1z 3 года назад

      Please when is the part 3 going to be uploaded

  • @josephmweresa4540
    @josephmweresa4540 2 года назад

    Thank you sir ,you really deserve it

  • @samuelamoya8258
    @samuelamoya8258 3 года назад

    Thank you so much for excellent explanations

  • @priscaaber7010
    @priscaaber7010 3 года назад

    Thank you for the good work.

  • @rudra_pandya9
    @rudra_pandya9 6 месяцев назад

    Absolute GOAT.

  • @manjubangura7370
    @manjubangura7370 2 года назад +2

    Thank you so much sir.... God bless you
    But sir I think there is a mistake on the purchase of raw materials figure in the trial balance the figure is 372,000 but in the working, you put 372,200

  • @JohnSuleiman-w7g
    @JohnSuleiman-w7g Год назад

    Wow that's good, tank u sir ❤

  • @NJOROGEJohn-qe6we
    @NJOROGEJohn-qe6we 8 месяцев назад

    Thanks vert much
    Clearly

  • @alivegh3280
    @alivegh3280 3 года назад

    Sir you are tooo much .... God bless you

  • @MustaphaLUKI
    @MustaphaLUKI 7 месяцев назад

    U are just extra good ❤❤❤

  • @mukobwachantal9981
    @mukobwachantal9981 Год назад

    I love sir you help me so much

  • @beatricekimani8057
    @beatricekimani8057 3 года назад

    Thankyou so much 😍you are my hero

  • @asheralfred2459
    @asheralfred2459 3 года назад

    verry good tutorial really enjoyed

  • @johnsumba5959
    @johnsumba5959 3 года назад

    God bless you Sir,..can't trace part 3 of the manufacturing accounts

  • @OCOMAEDWARD
    @OCOMAEDWARD 9 месяцев назад

    But we are blessed coz of you

  • @abdulairahinatu9524
    @abdulairahinatu9524 3 года назад

    Thank you sir I appreciate your work please explain wages and where to locate it

  • @mexessaeed119
    @mexessaeed119 2 года назад

    God really bless you sir

  • @Christian-cv4zx
    @Christian-cv4zx 3 месяца назад

    Very nice sir ❤

  • @dimitriusedius9279
    @dimitriusedius9279 Месяц назад

    Good presenter

  • @stephencorks5050
    @stephencorks5050 2 года назад

    God bless you sir good job

  • @mosheltom8610
    @mosheltom8610 3 года назад

    Thanks you sir
    Requesting for company accounts
    Treatment for proposed and paid concept

  • @emilyatroyalcoaching1090
    @emilyatroyalcoaching1090 2 года назад

    Could you send the values for the trial balance...they are not clear some of them.I want to tru out the balance sheet but values on the items for balance sheet are not so clear....But this lesson is amazing. Helped me a lot in understanding the income statement and manufacturing account

  • @xerxesyerika
    @xerxesyerika 11 месяцев назад +1

    Please is it true that when you write less closing WIP, you don't need to place the figure in a bracket because it becomes otology??

    • @AcolaAnna-j3y
      @AcolaAnna-j3y 3 месяца назад +1

      yes in deed, if you write LESS automatically you don't put the figures in the brackets

    • @xerxesyerika
      @xerxesyerika 3 месяца назад +1

      @@AcolaAnna-j3y Thanks 🙏

  • @karlenerobinson4863
    @karlenerobinson4863 4 года назад +1

    I enjoy your vidoes, can you do one in non profit organization (subscription account). Please and thanks, as soon as possible I have a exam coming soon.

  • @winniedoreen1527
    @winniedoreen1527 3 года назад

    God bless you ✨🌼

  • @collinsjoy6695
    @collinsjoy6695 3 года назад +2

    Good morning sir, i just went through your video, you are a wonderful teacher sir, but i noticed you didn't do the provision for depreciation, and that was the part i needed, please is there a video on it, or where will it go, also, how do we calculate the depreciation if we are asked to use reducing balance method.

    • @nassurhamid36
      @nassurhamid36 2 года назад +2

      Dep.rate×n.b.v
      N.b.v=cost-depreciation

    • @priscilliaoriokpa6733
      @priscilliaoriokpa6733 2 года назад

      Thank you so much sir, you are one of a kind. But I want to ask in the case of accrued rent where is it going to come up

  • @itzvizzy4022
    @itzvizzy4022 3 года назад

    Thanks you so much, Sir.

  • @BytonKunda
    @BytonKunda Год назад

    God bless you sir

  • @chanjabitalijoseph7622
    @chanjabitalijoseph7622 2 года назад

    Thank you sir this morning

    • @joycelambon2695
      @joycelambon2695 2 года назад

      Infact, you are doing a great job Sir, may God richly bless you

    • @nikolasafricaphotography047
      @nikolasafricaphotography047 2 года назад

      Hello Sir.
      This is Nikolas frm 🇺🇬.
      from your RUclips channel. I have understood that part of manufacturing account format part 1.

  • @yewokrom1143
    @yewokrom1143 3 года назад

    Please the part is really important to me

  • @anastasiakivitko6057
    @anastasiakivitko6057 3 года назад

    Please when are you dropping the adjustment on manufacturing profit and unrealized profit

  • @anthonyoseiowusudomeh9984
    @anthonyoseiowusudomeh9984 4 месяца назад

    God bless you

  • @anaseaty1785
    @anaseaty1785 4 месяца назад

    Thank you so much sir

  • @iliyagarba4857
    @iliyagarba4857 Год назад

    Job well done Sir.
    Please is Marketing officer and repairs of Delivery van charged as selling and distribution expenses??

  • @daffaeibrahim675
    @daffaeibrahim675 3 года назад +1

    Thank you so much

  • @dpsquaremusicbeatzone5742
    @dpsquaremusicbeatzone5742 7 месяцев назад

    How can I treat provision for doubtful debt in my statement of financial position and that of my income statement. In a manufacturing acct setting

  • @Kipz-L
    @Kipz-L 3 года назад

    Nice work but please 🙏 do a vedio on ratio analysis

  • @maxwellkwasidawuni
    @maxwellkwasidawuni Год назад

    Please when you are given opening stock of indirect material, purchases of indirect material and closing stock. Where do I record them?
    Also, what of general factory expenses?

  • @HopeChanda-r3n
    @HopeChanda-r3n 8 месяцев назад

    What do you do given the consumable tools

  • @mymoon_writer
    @mymoon_writer 2 года назад

    In depreciation, do you not add provision for depreciation given?

  • @patrickmwanza4135
    @patrickmwanza4135 2 года назад

    Thank you🙌

  • @ayomideadesanya5996
    @ayomideadesanya5996 2 года назад +1

    Pls guys how did purchase turn from 372,000 to 372,200 am not seeing any adjustments there.