FAR | PROPERTY, PLANT AND EQUIPMENT PART 3 | BORROWING COSTS

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  • Опубліковано 31 жов 2024

КОМЕНТАРІ • 43

  • @SirAJCresmundo
    @SirAJCresmundo  4 роки тому +19

    Hi guys! I had a typographical error in the illustrative example. For 9/30 average expenditure, 8.8M x 3/12 is 2,200,000 and NOT 2,125,000.
    Thus the average expenditure is 18,300,000 making the capitalized interest for general borrowings 144,040. Total capitalized interest is 2,184,040 and total interest expensed is 2,735,960.
    Thanks and Sorry for the mistake.

    • @jacobvaleroso7201
      @jacobvaleroso7201 3 роки тому

      bakit po hindi dineduct yung specific borrowing para makuha yung total interest expensed?

  • @mielb4664
    @mielb4664 3 роки тому

    The answer is B yey. First time kong makasolve ng tama sa test your knowledge HHHAHAHAH salamat po ng marami sir

  • @jiraheroy6539
    @jiraheroy6539 3 роки тому

    Sobrang thank you po sir!

  • @charlinetimban2615
    @charlinetimban2615 2 роки тому

    Just saw this today. Thank you, sir!
    Anyway, B po sagot ko. Haha

  • @liokobayashi5998
    @liokobayashi5998 4 роки тому +2

    I was so confused i got 212,000 as my answer. Dapat pala 0.106666 na nakuha gagawing 0.1067 😂 Thank you sir!! Sobrang linaw ng explanations nyo ❤️

    • @SirAJCresmundo
      @SirAJCresmundo  4 роки тому

      Thanks! Yes, in computing for the capitalization rate, we normally round it off to ease our computations.

  • @loigindalupang2379
    @loigindalupang2379 4 роки тому +3

    Sir, can you please include in the tutorial about the journal entries necessary to record on the given problem? Thankyou Sir,just curious about how can you record it.

    • @SirAJCresmundo
      @SirAJCresmundo  4 роки тому +3

      The entry is:
      Debit PPE (for the capitalized amount)
      Debit Interest expense (for the expensed amount)
      Credit Cash

  • @aisabelvaldellon9992
    @aisabelvaldellon9992 3 роки тому +1

    Thank you so much po!

  • @pleaseremindmetostudy2806
    @pleaseremindmetostudy2806 4 роки тому +3

    13:55 Question lang po.
    Bakit po binawas yung Specific Borrowings sa Average Expenditures?

    • @SirAJCresmundo
      @SirAJCresmundo  4 роки тому +3

      Kasi yung una mong pagkukuhaan ng funds to incur the expenditures ay galing sa specific borrowing. Only when hindi sufficient ang specific borrowing nagkakaroon ng getting the funds from the general borrowings. Thats why binabawas natin.

  • @bacurexson2607
    @bacurexson2607 3 роки тому +1

    240,000+160,000+240,000 equals 640,000 divide 6M equals 10.67 Rate
    400k x 12/12 = 400k
    1M x 9/12 = 750,000
    1.2M x 6/12 = 600k
    1M x 3/12 = 250k
    400k+750k+600k+250k equals 2M x 10.67 equals 213,400
    The answer is B.

  • @lienedreich4493
    @lienedreich4493 3 роки тому +1

    Hi Sir. Question lang po. Paano po kapag expenditures were incurred evenly?

  • @gunnarrubio
    @gunnarrubio 3 роки тому

    Hi sir! Sir paano po if general borrowing po is obtained february 1. Sa pagkuha po ng ng actual interest incurred is based on 11/12? Pero sa pagkuha po ng capitalization rate is always annual? 12/12?

  • @jairusl.agbisi8116
    @jairusl.agbisi8116 3 роки тому +1

    Not included in your video sir, pero tanong lang po. What is estimated cost of equity capital . Ini-ignore lang puba sya sa computation of borrowing cost?

    • @SirAJCresmundo
      @SirAJCresmundo  3 роки тому +2

      Yes ignored yan.

    • @SirAJCresmundo
      @SirAJCresmundo  3 роки тому

      Pero parang finance ata tinatanong mo. Sa FAR tong discussion to in accordance with PAS23z

    • @jairusl.agbisi8116
      @jairusl.agbisi8116 3 роки тому +1

      @@SirAJCresmundo salamat sir

  • @Italsik
    @Italsik 4 роки тому +1

    Ooh meron na face camera. XD

    • @SirAJCresmundo
      @SirAJCresmundo  4 роки тому +1

      Yes finally had the confidence to show my face

  • @kristinejasmine1565
    @kristinejasmine1565 3 роки тому +1

    Pano po ba malalaman kung "General" or "specific" yung isang cost? Minsan mo kasi walang nakalagay na "generally" or "specifically" kaya nakakalito po hehe. Tulad nalang po nito "borrowed 1M on a 5% Notes payable to finance a new warehouse which the entity is constructing for own use". Wala po siyang "generally" or "specifically". Pano po ba agad madaling ma-identify? Thanks po in advance!

    • @SirAJCresmundo
      @SirAJCresmundo  3 роки тому

      If inutang sya for the purpose of financing construction then specific yun. All other liabilities are general.

  • @michieignacio4574
    @michieignacio4574 4 роки тому +6

    B
    PRINCIPAL = 6,000,000
    BORROWING COST = 640,000
    640,000 / 6,000,000 = 10.67%
    1/1 400,000 x 12/12 = 400k
    3/31. 1,000,000 x 9/12 = 750k
    6/30 1,200,000 x 6/12 = 600,000
    9/31 1,000,000 x 3/12 = 250,000
    =2,000,000
    10.67%
    = 213,400

  • @lynerjoy1748
    @lynerjoy1748 4 роки тому +1

    Capitalization Rate = 10.67%
    Average Expenditures financed by general borrowings= 2,000,000
    Since sa given po general borrowings lang kaya 2,000,000 x 10.67% = 213,400 po ang amount icapitalize sa general borrowing costs.

  • @clarenznicolesumaway1518
    @clarenznicolesumaway1518 3 роки тому +1

    Sir, question po may given po kasi na outstanding company debt sa problem po na sinasagutan ko. Paano po iyon? Thank you po.

    • @SirAJCresmundo
      @SirAJCresmundo  3 роки тому +1

      Considered as general borrowing yun. Follow yung process na inexplain ko sa video for general borrowings.

    • @clarenznicolesumaway1518
      @clarenznicolesumaway1518 3 роки тому

      Ang ginawa ko po sir is ginamit ko po sya sa pag kuha ng specific borrowing cost. Specific and Borrowing Cost po kasi yung question.

    • @clarenznicolesumaway1518
      @clarenznicolesumaway1518 3 роки тому

      @@SirAJCresmundo Thank you po :)

  • @angelolinsangan3212
    @angelolinsangan3212 3 роки тому +1

    Hello po,, ask ko lang po if kung yun pong commencement date, is nagbegin ng february tas magaend ng december so it means po? Magastart po sya ng february which means po 11 months lang po ba sya or 12 months paren po kasi wala ng january.

    • @SirAJCresmundo
      @SirAJCresmundo  3 роки тому

      if commencement is february then 11 months lang sya for the first year. we make the proper adjustments lang.

    • @angelolinsangan3212
      @angelolinsangan3212 3 роки тому +1

      11/12 po ba sya? Salamat po gusto ko lang po iclarify hehe

    • @SirAJCresmundo
      @SirAJCresmundo  3 роки тому +1

      11/11

    • @SirAJCresmundo
      @SirAJCresmundo  3 роки тому

      Lahat sa weighted average computation over 11

  • @marklouiedelatorre3379
    @marklouiedelatorre3379 4 роки тому +1

    B

  • @Mrgreeny1972
    @Mrgreeny1972 Рік тому

    very bad language, work on that bro...
    i can know what is it philipino or English