Literally my best accounting teacher since my 1st year in university. Step by step explanation. I have also introduced my colleagues to this channel and they love it 💯
Yoo, i blame my ignorance if i found this last year i would have failed Financial accounting, you really change my perception about accounting 😂, may God increase this knowledge
This is the most well-explained step-by-step tutorial of partnership accounting I have ever watched. However, I would like to draw your attention to the share of profit aspect of the profit and loss appropriation account, where Ama was given 4/9 of the residual profit instead of 3/9 of the residual profit. Also, in the question, Ama's current account had a debit balance of 24,000, but in the partners' current account you wrote 2,400. It was a bit confusing to me because I was solving the question with you at the same time, but then I realized that it was an oversight on your part. I'm not sure if you have noticed this mistake, but I stand to be corrected. I really enjoy your tutorials. God bless you!
Hello. Actually you are right but let be explain for you. The first point is you can correct the name for the share of the partner as per agreed ratios by yourself . The second is I also noticed this error but its a typing error and before this video there is also one another video on Control Accounts where Sir mentioned the error in the comments. So, overall what I mean is go and correct the error by removing one extra zero from the figure. Thanks
Your videos are life saving.......I've become very less worried about what i don't understand in class since i discovered FOG Accountancy Tutorials. Many thanks to your efforts.
There's an error in the Current account section, Akua b/f is 24,000(credit) according to the question, not 2,400 that you later used. except if there's an error in the question
Thank you very much sir, your lecture is very helpful but I have a little observation which there is a mistake concerning the current accounts. For Akua the debit side is 28,400 and not 20,300. While Ama's credit side is 25,200 and the difference is 8200 on the debit side and not 13600. Dede's own is correct. Thank you
I appreciate your work sir but on this question, upon preparing current account, there`s some other figures i dont know where they come from in appropriation of profit and loss account. so i kindly request you next time to atleast use a large board please for better understanding. thank you.
Please the old WhatsApp number isn’t working anymore
This is the new WhatsApp number👇🏻
+233596316536
Thanks
Sorry thank you
Ok
May God bless you..for your good work so that you can continue to prosper
Tutorial questions of this please 🙏 I want to solve
Thanks for the lesson I love it
Literally my best accounting teacher since my 1st year in university. Step by step explanation. I have also introduced my colleagues to this channel and they love it 💯
same here too
We mzee😂😂
its nice my accounts level of understanding is improving day by day ...phylis from kenya
Yoo, i blame my ignorance if i found this last year i would have failed Financial accounting, you really change my perception about accounting 😂, may God increase this knowledge
Same here
You're the reason why I aways get an A in business accounting be blessed brother 🙏
I've really understood this lecture. The Lord continue renewing your strength to be a blessing to many.
Your tutorials are life saving. Brenda from Uganda, CPA course student .
This is the most well-explained step-by-step tutorial of partnership accounting I have ever watched. However, I would like to draw your attention to the share of profit aspect of the profit and loss appropriation account, where Ama was given 4/9 of the residual profit instead of 3/9 of the residual profit. Also, in the question, Ama's current account had a debit balance of 24,000, but in the partners' current account you wrote 2,400. It was a bit confusing to me because I was solving the question with you at the same time, but then I realized that it was an oversight on your part. I'm not sure if you have noticed this mistake, but I stand to be corrected. I really enjoy your tutorials. God bless you!
you are right I noticed that too
Hello.
Actually you are right but let be explain for you. The first point is you can correct the name for the share of the partner as per agreed ratios by yourself . The second is I also noticed this error but its a typing error and before this video there is also one another video on Control Accounts where Sir mentioned the error in the comments.
So, overall what I mean is go and correct the error by removing one extra zero from the figure. Thanks
Thank you very much for session , from observation the debit balance for akua current is 24000 on the question but you recorded 2400 while teaching
So observant ❤
Your videos are life saving.......I've become very less worried about what i don't understand in class since i discovered FOG Accountancy Tutorials. Many thanks to your efforts.
Am happy to be part of this excellent tutorial planform, the class is helping me greatly, God bless you sir, u may live long
This guy is a good teacher. Regards from the UK
You're good person who share his knowledge as African we need man like you, go ahead ❤
THIS IS A MAGNIFICENT TUTORIAL,I LIKE YOUR WORK AND HOW YOU EXPLAIN BIT BY BIT.
THANK YOU, MR FOG.
THIS IS A VERY GOOD AND SUITABLE TUTORIAL FOR ME, THANK YOU VERY MUCH SIR.
Love and appreciate so much your step by step methodology. God bless you
How I wish I discovered your channel in 2019. I'm watching from Kenya. Sitting my exam in November 2022🤗🤗
Am a business student in senior high school i really like this channel step by step ❤❤❤
You are an incredible tutor.....one of a kind
Thanks alot for the great job.may the Almighty God bless you
I have truly enjoyed.... thanks a lot
From Zambia Kawambwa District
I literally understand this topic indeed I enjoy it immensely because I learn more from this topic.
Thank you sir. Have a paper few hours to go 🤣. And this is like a game changer
You always make things look so easy… omg! I appreciate this..❤❤❤ thank you.
Thank you so much,very helpful,very comprehensive,it's exactly what I was looking for,keep it up
Sir you are the best, and knowledgeable indeed
Am actually on this topic at the moment we appreciate you
Same here.
wow nice lectures, i really enjoy this as it makes me understand the unit better
I finally got it because of your kindness. Thank you so much
My favorite lecturer 😍 u are really a life saver🙏🙏
A very good tutor
I appreciate you sir😊
You are always my favorite. Thanks a lot
Thank you for helping me understanding this partnership accounts .
Thanks sir for your commitment.Am in ATD 2 sitting my exams on Dec. 🇰🇪
All the best
I'm very greatifull to God that we have you in world..........
Thanks so much this series is very helpful. God bless you more.
nice tutorials and i loved it thank you sir, more strengthen to do more
You are my best teacher,, God bless you Soo much,, 🙏🙏
God bless you sir. Greetings from Kano, Nigeria.
From SA🇿🇦. Thank you so much
Gratitude from Tanzania 🇹🇿
Excellent work sir..from Malawi
Good work, God bless u
you are a master of your craft. thank you so much.
may God bless you greatly for this good work
May God bless you Mr. FOG🙏🏾
You are really good, God bless 🙏🙏🙏🙏
Wow....I love this tutor ,,,my Account skills🔥🔥🔥..I love how you pronounce Dede🤣🤣
thanks a lot prof...
The class was Lit 🔥🔥🔥🔥🔥
Was just like you were teaching me live directly 🤩🤩🤩
God bless you abundantly sir
Hats 🎩 off to you sir .🙌🙌 Thanks alot🎉
This video has been so helpful,thank you so much.
i truly appreciate..... From zambia
from malawi , i love your channel
WOW, THIS IS GREAT. I have really understood,thank youuu
Always on point!
Thanks sir...Im really grateful...
Welcome
Best teacher hv ever seen
I really like this tutorial ❤❤❤
Great teaching thanks so much ☺️
Thank you sir i love the way you are explaining it in details
Watu tunaokoa sem😂😂🇰🇪🇰🇪🇰🇪
Thanks a lot for the teaching. You are doing a great job.
you got content. you are very smart upstairs
Thank you sir. I really acknowledge your effort
Atleast I have something I have a clue now.thanks sir👍
Thank you for your help
Thank you so much for your help l have now understand
I have really benefited,,thanks a lot
I can understand the lesson perfectly 😊
There's an error in the Current account section, Akua b/f is 24,000(credit) according to the question, not 2,400 that you later used. except if there's an error in the question
Thank you so much sir ,,,Good job ,,you've been very resourceful
Very helpful
Excellent 👌
A lesson well taught
Now my understanding has been enhanced.
God bless you 🙏
Am having exams financial accounting2 thank you sir 🙏
Welcome
Thank you sir, your teachings help me excel in my exams. Though would you please make tutorial on branch accounting.
Kudos✨
Thanks so much, you are really helping
Awesome THANK YOU SIR
Welcome
Thank you so much sir for your help, you have been my saviour in accounting, I really appreciate sir.
Welcome 🙏🏽
Well explained. Keep it up!
thank you so much sir that great work indeed thank you 😊😊
Thank you sir 🙏
you're the man🔥😍
😍🔥🤝
Thank you very much sir, your lecture is very helpful but I have a little observation which there is a mistake concerning the current accounts. For Akua the debit side is 28,400 and not 20,300. While Ama's credit side is 25,200 and the difference is 8200 on the debit side and not 13600. Dede's own is correct. Thank you
I appreciate your work sir but on this question, upon preparing current account, there`s some other figures i dont know where they come from in appropriation of profit and loss account. so i kindly request you next time to atleast use a large board please for better understanding. thank you.
Amazing..... Thanks!!!
Like seriousely, i am beginning to see the sweetness of Accounting, it is now remaining mathematics😩😩😩
God bless you ❤
hello there, it was so interesting for us here but i am requesting it with Acc.Dep, and NBV
Very clear n concise.
Thank u🙏
Thank you sir! Well understood.
Good job sir 🙏🏾
Thank you sir I appreciate your work. The loan is don't well clear
At 4:12, he said this question is very easy and I am like 👁️👄👁️, please let this one not come out in WAEC😂
Thank you so much sir🌺
Welcome
You're the best
Nice work
Thanks 😊
Welcome
Good morning FOG. Please I'm still patiently waiting for the fees list for the coming November ICAG sitting.
God bless you sir
Thanks sir, I appreciate your lectures.
Good but I want to see how to treat a loss in the current account and balance sheet