ang galing galing niyo po talaga mag explain!!! Thank you po!!! thank you talaga!!! di pa enough thank you kasi ang dami ko pong natutunan, 3rd year na ako pero ngayon ko lang nagets ng mas malinaw yung mga terms! God bless po, Sir!
Ang linaw po ng explanation nyo napaka helpful po ng video nyo especially ngayon nahihirapan po ako kasi sa online class minsan hindi ako makasunod. Thank you very much po sir!
Sir , helpful and i really amazed how you explain those tough topics very well. Very concise and understandable. Thanks for sharing and inspiring kaming mga aspirant CPA.😊🙏
hello sir tanong ko lang po yung sa illustrative no. 1. the answer in the book was 5million net sales while your answer is 4.850 million under cash basis. i wonder why hindi po kayo pareho nang sagot sir..
hi po. yes, we got the same answer buti na lang po nabasa ko tong comment na 'to to confirm. May I ask po, what book are you referring to po? Thank you
Sir Rain, thanks for the very helpful tutorial video. Pa-update naman po sa FAR tutorial videos if you have the luxury of time esp topics regarding Accounting Changes & Errors (ung problem po na cover lahat ng errors sa accounts). Thanks.
Sa illustrative problem no. 5 po. Pano po kaya yung nakagay po about sa insurance kasi sabi po prepaid po sya. Kaya po ang nilagay ko po sa ibaba is 2.2 million instead po na 1.5 million. (di ko po sinali yung depreciation). Nag arrive din po ako 2,270,000. Please enlighten me po hehe. Laking tulong po ng discussion po niyo na ito. Thank you very much!
hiiii nung una ganyan din yung akin pero narealize ko dun sa part 1 ng video ni sir ang nirerecognize lang po sa accrual is the accrued expense which is yung salaries po na 1.5 M. And since yung insurance is prepaid expense po hindi pa po nai-incurr, hindi po sya nirecognize as expense the current year.
Hello sir! In illustrative prob number 5 po. Sabi niyo po walang sinabing prepaid or accrued sa insurance, though may nakalagay po sa prob na may prepaid po. I tried solving it again and I came up with the same answer as yours but I am just worried baka mali lang po analyzation ko. Please enlighten me po. Thank you! 💓
i think nobody knows the answer of this question : ✅ do we recognize inventory or expense when payment is settled for purchase of goods under cash basis ?
ang galing galing niyo po talaga mag explain!!! Thank you po!!! thank you talaga!!! di pa enough thank you kasi ang dami ko pong natutunan, 3rd year na ako pero ngayon ko lang nagets ng mas malinaw yung mga terms! God bless po, Sir!
Ang linaw po ng explanation nyo napaka helpful po ng video nyo especially ngayon nahihirapan po ako kasi sa online class minsan hindi ako makasunod. Thank you very much po sir!
Thank you sir! Ang linaw po ng pagkaka-discuss both TOA and prob. Sana po masundan pa 😊
Sir , helpful and i really amazed how you explain those tough topics very well. Very concise and understandable. Thanks for sharing and inspiring kaming mga aspirant CPA.😊🙏
Thank you rin for watching. Share mo sa iba para maging blessing ka rin sa kanila :) God bless.
@@accountinglectureseries yes po😉
Hope may iba pang auditing problems topic na ma upload can't wait
Suggest ko lang po if pwd po mga Comprehensive Problem
Thank You Sir well explained
Thank you so much,sir ! natapos ko na po✨
Thank you for watching 😊
grabe sir ty. natapos ko, zero-based lagi ty
Thanks sir
Thank you po Sir! Really helpful :)
Thank youuuu!! ❤❤❤
hello sir tanong ko lang po yung sa illustrative no. 1. the answer in the book was 5million net sales while your answer is 4.850 million under cash basis. i wonder why hindi po kayo pareho nang sagot sir..
5M din answer ko. Na-double ang pag deduct ni sir sa SD.
same, 5M rin akin haha
Yes, I agree.
hi po. yes, we got the same answer buti na lang po nabasa ko tong comment na 'to to confirm. May I ask po, what book are you referring to po? Thank you
Sir Rain, thanks for the very helpful tutorial video. Pa-update naman po sa FAR tutorial videos if you have the luxury of time esp topics regarding Accounting Changes & Errors (ung problem po na cover lahat ng errors sa accounts). Thanks.
Sa illustrative problem no. 5 po. Pano po kaya yung nakagay po about sa insurance kasi sabi po prepaid po sya. Kaya po ang nilagay ko po sa ibaba is 2.2 million instead po na 1.5 million. (di ko po sinali yung depreciation). Nag arrive din po ako 2,270,000. Please enlighten me po hehe. Laking tulong po ng discussion po niyo na ito. Thank you very much!
hiiii nung una ganyan din yung akin pero narealize ko dun sa part 1 ng video ni sir ang nirerecognize lang po sa accrual is the accrued expense which is yung salaries po na 1.5 M. And since yung insurance is prepaid expense po hindi pa po nai-incurr, hindi po sya nirecognize as expense the current year.
@@kharenbathan6557 Wooww okay nagets ko na po hehe. Thank you so much!!
@@glean_creatives welcomeee po :)))
Hello sir! In illustrative prob number 5 po. Sabi niyo po walang sinabing prepaid or accrued sa insurance, though may nakalagay po sa prob na may prepaid po. I tried solving it again and I came up with the same answer as yours but I am just worried baka mali lang po analyzation ko. Please enlighten me po. Thank you! 💓
True
same!
i think nobody knows the answer of this question :
✅ do we recognize inventory or expense when payment is settled for purchase of goods under cash basis ?
Hi Dinara. I think we recognize inventory. We will only recognize an expense (COGS) once sold.
@@accountinglectureseries i’m asking this for CASH ACCOUNTİNG.
İf we recognize inventory after payment then what is differet from accrual basis ?
nobody explains this question in any youtube videos.
i know it's been 3 yrs but what is the treatment of inventory in cash basis ? do we directly expense it ? (COGS)