Accounting for Long Term Notes Receivable - Noninterest Bearing (Part 1)

Learn the accounting for long term noninterest bearing notes receivable.
Textbook used: 2011 Edition Financial Accounting Volume 1 by Mr. Conrado T. Valix, Mr. Jose F. Peralta and Mr. Christian Aris M. Valix
#NotesReceivable #NonInterestBearing #AccountingTutorial

[@christinejoycabading621]

grabe po ang laking tulong ng mga videos niyo po sa amin na studyante :(( napakahelpful and informative! maraming salamat po sa pag gawa ng ganitong content

[@FilipinoAccountingTutorial]

Walang anuman Chrisitne! 💛 Masaya kami makatulong. Mag aral ng mabuti 💚

[@shaneearlevans3908]

Thank u po sa tutorials nyo. Super big help sa studies namin lalo na po sa ganitong sitwasyon na tagilid po ang mga prof na meron kami. 💖💖💖 God bless!!!

[@FilipinoAccountingTutorial]

You're welcome Shane!

[@tiffanysantos6636]

The best po talaga kayo, sana po sa lahat ng accounting topics, may tutorials po kayo, hehehe. God bless po

[@FilipinoAccountingTutorial]

Thanks sa compliment Tiffany!

[@jillcaraig342]

Thank you po. Big help po talaga🥰 Di ko po kasi maintindihan sa prof. Buti na lang po talaga🤗

[@FilipinoAccountingTutorial]

Welcome Jill!

[@renantpalaran8266]

THANK YOU SO MUCH SIR!!! GOD BLESS YOU PO!

[@unknownperson9692]

To be continued.... cliffhanger Hahahahaha xD
Thanks for this free content, Sir! I need to know what happened next.

[@FilipinoAccountingTutorial]

You're welcome, unknown. Hehe. May part 2 na ito sa youtube channel namin. And wala na yun cliffhanger 😅 Hope this video will help.

[@unknownperson9692]

Thank you Sir! I'll look for it. Definitely!

[@gequillodailinee.4988]

Sir, thank you po. Malaking tulong talaga yung mga vids nyo.

[@FilipinoAccountingTutorial]

You're welcome Dailine! Masaya kami na nakatulong ang mga vids 👍

[@cherryjara8285]

Thank you po sir!❤

[@FilipinoAccountingTutorial]

You're welcome, Cherry 🙂

[@naifbinaning2895]

nagsisisi ako bat ngayun ko lang nakita ito ahhhhhhhhhhhhhh sana nahanap ko ito ng mas early

[@FilipinoAccountingTutorial]

Mag aral ng mabuti Naif 💛

[@naifbinaning2895]

@@FilipinoAccountingTutorial yun nga po nag aaral naman po ako ng mabuti. I’m currently third year po pero mas mabuti po if nahanap ko to ng mas maaga😢😢 anyways thank you for making this videos it helps alot po sana po dikayu tamadin gumawa ng videos😍🥰

[@naifbinaning2895]

@@FilipinoAccountingTutorial I literally recommended you to my instructors and schoolmates

[@FilipinoAccountingTutorial]

Thank u Naif. Masaya kami makatulong. Hopefully dumami pa ang views and subs namin para kahit papano dagdag kasipagan sa amin para sa mga susunod na videos. Thank you din for recommending our channel, malaking tulong na sa amin yan ❤️

[@depkim2946]

Galing magturo Sir

[@FilipinoAccountingTutorial]

Thank you ☺️

[@jonelatendido7205]

Salamat Po😊

[@marvinmirafuentesbarro2249]

waiting po for loans receivables😊

[@FilipinoAccountingTutorial]

Yes Marvin! Malapit na yan

[@shaneearlevans3908]

same po, sana hanggang receivables financing. 🤩

[@sirjhemvlog2416]

tnx po sa video

[@FilipinoAccountingTutorial]

You are welcome Eric.

[@hooon1055]

Thank you sir! Godspeed! ❤

[@FilipinoAccountingTutorial]

Welcome Althena! 🙂

[@sittieallyssawali9184]

Thank you for this tutorial, Sir. May tutorial po ba kayo paano kunin ang current and non current portion po ng
N/R?

[@FilipinoAccountingTutorial]

Hello Sittie. Wala kami video focusing on paano kunin ang current and non-current portion of NR.
Pag maaalam na mag amortization table, apply lng the rules of current and noncurrent distinction makukuha na agad ang current portion ng NR. Hope it helps 🙂

[@cassandragailalvarez8695]

thank you sir!!!!!🤧💓💓💓

[@FilipinoAccountingTutorial]

You're welcome Gail 💛

[@marvinmirafuentesbarro2249]

tutorial po kung kailan gagamitin yung mga present value like ordinary annuity of 1

[@FilipinoAccountingTutorial]

Sure Marvin.

[@villanuevajennelyn9395]

Thank youuuuuu sir❣️

[@FilipinoAccountingTutorial]

You're welcome, Jennelyn 🙂 Hope this video tutorial will help you ❤️

[@user-bz1gy1vb2d]

hello po may vid po ba kayo about discounting in receivable financing?

[@FilipinoAccountingTutorial]

Hello! To be uploaded soon!

[@julanshirwod6716]

Malinaw pa turo mo sa mga prof ko nung undergrad😂

[@FilipinoAccountingTutorial]

Thanks Julan!

[@julanshirwod6716]

Filipino Accounting Tutorial
Sir board exam ko now. Ginagamit ko natutunan ko sa’yo.

[@julanshirwod6716]

Filipino Accounting Tutorial
Thank you so much!
Pag pumasa Sir, inform kita.😂

[@mchuy5225]

Hello sir! bakit magiging Liability ng entity ang interest income? Liability kasi ang unearned income, so if may unearned interest na galing sa sales niya, bakit magiging liability niya ang unearned interest? hindi po ba magiging receivable sha ng entity?

[@chrizercornia]

Kasi bro hindi pa time para mag accrue ang interest sa sale pero na record na siya sa debit under the notes receivable. Remember this is a noninterest bearing note, meaning kahit per se na walang interest, meron pa rin yan pero sa face value na siya sa note sinali. Hope that helps I just finished the video as well hahaha

[@kaylamariepunzalan7180]

Ano pong classification ng account na Unearned interest income?

[@stephenflorlumapas7209]

Liability

[@jazzherrera6894]

Fraction= Pro rata.