AFAR: PARTNERSHIP FORMATION

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Hi subscribers! Sir Brad here. Enjoy my free accounting tutorials! 😊
Add or follow me (Brad dela Cruz) on my personal account for updates and I will also try to answer your accounting-related questions.
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TAGS (pls ignore):
accounting, accounting tutorials, free accounting tutorials, free accounting, free accounting review, accounting review, financial accounting and reporting, advanced financial accounting and reporting, management advisory services, auditing, FAR, AFAR, MAS, AUD, CPA review, CPA licensure examination, CPA board exam, free accounting tutorials, mr. accounting, financial accounting, Philippine accounting, PFRS, PAS, IFRS, IAS, Pinnacle CPA Review School, accountancy

[@katiekathy7837]

Ang swerte ng mga accounting students today they have all the resources other than books and school. Thank you for sharing Mr. Accounting nabuhay loob ko subukan mag take ng exam and yes nag avail po ako ng review sa Pinnacle. :) God bless!

[@eugenealipio4194]

CPA ka na po, Ma'am?

[@gladyscasuncad9502]

Gusto ko yung tip on the last part of the video. I'm sure gonna bring it on the exam day! Thanks for this, it helps a lot!

[@leefrancisbanez3183]

a good advance study habit is watching your videos before our class discussion. thank you sir!

[@badongdejoestar1861]

Hello po Mr. Accounting. Follow up lang po ako sa video mo. Dahil po sa pagtuturo niyo po, the quiz I took for Formation was passed. Thank you so much Mr. Accounting

[@arlenejoysiapo7704]

Because of online classes, naging suki na ako rito. Dami ko natututunan at parang napapadali yung topic!! Thank you!!!

[@kristinekatecanlas4803]

Thankful po talaga ako...mas light ang discussion kasi nagtatagalog po kayo. Mas naiintindihan din po parang nakikipag-usap lang.... Godbless po.

[@joannamarielee7088]

After watching this as my review for our upcoming quiz, yey! I got the highest score 🙌🏻

[@kimverlydondatinguinoo3816]

Napakagaling mag explain ni Mr. Accounting I hope magkaroon din ng MAS topic compilation . Thank you Mr. Accounting naliwanagan na ko sa concept ng every topic sa afar hehe!!! More topic and discussion pa po sa MAS pls. hehe Godbless !!!

[@anceromaryjeane.9631]

Thank you, thank you, thank youuu! Di ko talaga nagegets yung lesson sa online class ngayon tapos major pa super hirap perooo thanks to you sobrang nagets ko po nag linis ng pagkakaturooo. Thank youuu!🥺❤️

[@loki6400]

Incoming BSA student po ako this year! Thank you po sa tutorials. Grabeng help po para sa akin na wala pa masyadong alam sa ganto ♡

[@jenzelleindong8442]

Astig nung last part. Kung di ako nanuod for sure mali ko na yun. Thankyou sir! God bless!

[@JuanCruz-zn9my]

Galing. Straight to the point and clear ang way of teaching. Thanks!

[@zyechotic]

ONLINE CLASS BROUGHT ME HERE 😁

[@princesscandillada3114]

(2)

[@maeandilab847]

Almost 2 years na pala akong naka subscribed , thank you for sharing your knowledge to us sir . God bless

[@janinehermoso3860]

Thank you sir! May God Bless You more and more!❤️

[@unknownperson9692]

Mr.Accounting, maraming salamat po sa tips! Nakasanayan ko pong mag overthink sa isang problem, lagi nalang akong nai-stuck. Thankyou Sir! 💪

[@geliace2833]

i really like how he explain his topic . thank you!

[@janejanilyn4880]

Thank you Sir! Mas naintindihan ko po dito sa channel niyo yung AFAR. God Bless po! =)

[@rien2080]

Thank you for this!! You're a great teacher!!

[@ronalynparacueles911]

Upcoming qualifying exam brings me here♥️♥️. Ganda ng vid😄

[@LorieAnnMenorca]

THANK YOU SIR grabee super galing mo po mag explained. laking tulong po ito sa AFAR subj ko

[@alexissabijon6324]

Hoping for more uploads from you, sir. Nakakahelp po talaga. Thank you.

[@efnfamilyadventuretv3129]

Maganda ... keep it up we need you in our quest to pass the exam

[@marygracebawa5413]

thank you Po .khit kunti gets ko na kilangan ko pa tutukan at abangan Ang mga discussion nyu..

[@buenaflorgladyst.5152]

I'll recommend this YT channel coz it's very helpful 💚
Thank you for sharing what you know to all the asprising CPA's

[@ya-huitseng899]

Thanks for sharing me the link. Hehehe review well Glads we still have to prepare for Saturday! Mr. Accounting is cute when explaining hahaaha

[@buenaflorgladyst.5152]

@@ya-huitseng899 #Faithing 💚 review well Blessy ❤️

[@jireh8946]

Thank you, Sir! Very clear and concise po. Keeping in mind yung mga pro tips niyo, Sir! 😉 I have a question po, if appraised value is not given, can we use the assessed value as FMV?

[@stanlychan7266]

Hi Mr. Accounting, di ko po makita yung channel ni Sir Brad Fitt sa description box.
More power po to both channels, laking tulong po sa mga estudyanteng tulad ko.

[@ravenkitviejo8694]

my teacher COULD NEVER...

[@marielumayam2719]

Sobrang helpful po ng youtube channel mo sir😊

[@ruzschnapp2803]

Thank you so much Sir. I like the way how you explain. Mas naiintindihan ko po💖💖

[@MarkTKulan]

Thanks sir, naintindihan ko talaga. Very effective.

[@terupdatetv]

The video is very helpful. It will be good if you explain in full English for the entire video. Many foreign students watching this video. Thank you so much

[@eloisabautista1515]

This lecture was really a big help for a student struggling on Accounting like me. Thank you so much Sir😭❤️

[@eloisabautista1515]

Looking forward to learn more from your lectures Sir🙏

[@nicolevistavilla1916]

Online class brought me here. Thank you!

[@jeraldjoeypamat8401]

As always, thank you, sir!

[@at_lola]

Salamat po Sir. Lumabas po ito sa aming quiz.☺

[@jonylabang2112]

Ganda ng explanation ni sir 😇😍😍

[@joannamariedalisaymo2138]

Thank you po sir ang galing nyo mag explain ☺️❤️🌸

[@shynrielconciso]

thank you sir! ang galing, looking forward na mas maraming matutunan sa vids mo hehe and ma apply sa FAR subject namin ❤️

[@jayqueenvisperas8764]

Thank you sir! Ang linaw ng explanation .

[@johnmavricktorremocha1461]

I am newly one watching this video and thank you to Mr. Accounting

[@pacanavincentmichaelm.7446]

Watching this in 2024! just realized lang din while solving along (in addition po sa solution sa Prob 1) it can also be solved alternatively (for efficiency na rin, if faced with time restrictions sa quiz / exam) by adding the adjusted total equity sa number 2 with total liabilities sa given (since A = L + E).
Solid foundation basta sir brad! thank you poo and more vids to comee

[@kei6032]

This is super helpful, thank you po!

[@marklesterabulo7769]

Thank you sir..dami ko po natutunan 😍❣️

[@papidee22]

Galing 👍🙌💯

[@migashope7282]

thank you sir! salamat kaayo!

[@badongdejoestar1861]

Thank you so much Mr. Accounting😍

[@nicajoyguevarra4800]

super dami kong natutunan po....thankyouuuuu

[@estandartereeyannes.8355]

Thank you po at dahil sa vid na ito ay nakapasa ako sa quiz namin huhu

[@Eli-ye9go]

U ARE DA BESTTTTT!!!!!!

[@afangirl1934]

sana mag video din po kayo about MAS. Thanks in advance 😊.

[@jamesryanaranes4121]

Used to watch your fitness channel, ngayong college na ko, dito naman ako napadpad haha

[@MrAccounting]

Follow me for more free tutorials, tips, and updates 😊
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[@franceebol5294]

Thank You po for this. Big help po.

[@maryangeline4814]

ang galing shet mag madali pa like shortcut talaga apakahelpful
thankyou po

[@deyna_xx]

Ang ganda po ng boses nyo sir. Sarap pakinggan.

[@rosemariebaladad9770]

Same handouts binigay samin ng prof ko, pero mas naiintindihan ko turo mo.

[@ivory2907]

Thank you po!😇God Bless💓😇

[@rodnysoncruz6153]

THANK YOU PO!!! ❤️❤️❤️❤️❤️

[@annagarcia4101]

Thank you po. Very helpful!! 💖 please send soft copy po ng mga problems na tinuro nyo 🥺

[@mendezabaldanica4247]

Thank you po sir big help 💛

[@sangsang9303]

Thank you so much sir !!!

[@bored9634]

Salamat malaking tulong to sa akin

[@acrelickmolino8913]

Thank you po sa lesson

[@nanasays1882]

thank you so much, sir!

[@clarclemirarza1198]

Thanks a lot. More power to your channel. God bless

[@youfoodofficial]

All Accounting Lectures Available
ruclips.net/video/ixWzf8YVQVg/видео.html

[@ychanelle]

thank you po, sir!

[@ryanmiguelsalinas2495]

THANK YOU SIR!

[@marvincentmendoza5693]

Sirr thank you so much po!

[@chongniepes821]

Thanks sir mr accounting

[@lightbringer816]

thank you sir! kainlab po kayo hehehhe

[@emiterionicolas6965]

Thank you po, Sir. FAR pa lang po 'yung subject namin pero nakarating po ako here kasi 'yung quiz po namin pang-AFAR na po 'yung level. Hehe. 😅
Btw, same po tayo ng calcu, Sir. Haha. Pero sana po kasinbilis at kasin-accurate ko po kayo sa pagtype sa calcu. 😂 Ang bagal ko po kasi mag-type sa calcu. Huhu

[@ericcarosegasataya1037]

Thank you Sir!

[@dodidinsuat6434]

thnk you mr accounting

[@goodaf9583]

Thank you so much sir!!!!!!!!! sobrang hirap po kasi intindihin sir dahil nga online :(

[@jimenezjean3616]

Thank you teacher 🥰

[@sarahalysaarmildez390]

Thank you so much po :) big help. Godbless

[@youfoodofficial]

All Accounting Lectures Available
ruclips.net/video/ixWzf8YVQVg/видео.html

[@unknownperson9692]

New subscriber here! 🎉

[@sammya.662]

Good lecture

[@erickajoycecano1515]

Thank you so much sirrr

[@itshanabeybevlogz6980]

Huge help for me thank you sir

[@youfoodofficial]

All Accounting Lectures Available
ruclips.net/video/ixWzf8YVQVg/видео.html

[@blessahaban3989]

Thank you so much sir keep on uploading pls

[@youfoodofficial]

All Accounting Lectures Available
ruclips.net/video/ixWzf8YVQVg/видео.html

[@dreyafina]

Thank you for the video!!

[@youfoodofficial]

All Accounting Lectures Available
ruclips.net/video/ixWzf8YVQVg/видео.html

[@febymuray9056]

Thank you po! Yung teacher ko nag pa solve ni wala kming ka alam2. Kahit example di siya nagbigay🤦🏻‍♀️

[@jemwildizon4004]

Sir... Ang galing nyo po magturo... Mabilis maintindihan kahit beginner lang po ako.... Sir may tanong lang po ako... Ano po yung current market value? Related ba sya sa FMV?

[@joashkyle1071]

Nice I'm ready for second sem HAHAHAH

[@dark.estdawn]

Hello po, this is a very helpful and clear review! Tho i have a question sa last part, kapag po ba wala yung question number 2 and nakasabi ulit sa 1 ay what is the adjusted capital balance, ano pong answer ang ilalagay nun? Hehe

[@fameiriaccounts7580]

thank you

[@josephchristoperdevilla5235]

thank u pooooo

[@wreanarguilla4364]

Sir, salamat po dito! Malaking tulong po to 💯 More powers!
Also, may soft copy po ba kayo dito sa mga problems? Gusto ko din po sana siyang sagutan. And i apply yung naintindihan ko sa discussion niyo Sir. Thank you in advance! ☺️

[@kenesufernandez1281]

❤❤

[@shaoripon]

Thank you sir

[@youfoodofficial]

All Accounting Lectures Available
ruclips.net/video/ixWzf8YVQVg/видео.html

[@allaysadayanan5580]

thank you po

[@youfoodofficial]

All Accounting Lectures Available
ruclips.net/video/ixWzf8YVQVg/видео.html

[@kaelvonaguilar7893]

Thanks :)

[@youfoodofficial]

All Accounting Lectures Available
ruclips.net/video/ixWzf8YVQVg/видео.html

[@mativoarjayj.8608]

Mas magaling pa sir magturo kesa sa mga prof namin🤧
Thank you sir☺️

[@harrypamonag65]

I graduated from WIT in Iloilo

[@jeneluzbiore8976]

i'm back ahahahha papaturo ulet

[@lordglenwelltapar6480]

Hi! where can i find the printable file of the sample problem in the video? Thanks!

[@robertohebolingo7046]

good day. ask ko sana sir in the form of partnership for 2 sole proprietorship meron bang instances na walang adjustments.

[@secoferdinandm.7787]

Activity: Partnership Distribution of Profit and Loss Park and Goh formed a partnership with original capital investment of P55,000 and P45,000, respectively. Summary of capital accounts of Park and Goh Partnership for 20xx are as follows: Park Goh Total Balance, Jan 1 80,000 90,000 170,000 Investment, April 1 25,000 15,000 40,000 Withdrawal, May 31 (6,000) (9,000) (15,000) Investment, Sep 1 3,600 4,200 7,800
Determine the alloction of 20xx profit to the partners under each of the following independent situations:
1 Profit is P50,000 and profit is to be divided equally
2 Profit is P50,000 and profit is to be divided 30% and 70% for Park and Go, respectively.
3 Profit is P50,000 and profit is to be divided on the basis of original capital balances
4 Profit is P50,000 and profit is to be divided on the basis of beginning capital balances
5 Profit is P50,000 and profit is to be divided on the basis of ending capital balance