Estimating Doubtful Accounts Illustrations | Compute for the Doubtful Accounts Expense & Write-off

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  • Опубліковано 31 жов 2024

КОМЕНТАРІ • 259

  • @raymondtorres9072
    @raymondtorres9072 Рік тому

    This brief computation video shows the overview of the questions we will encounter. I watched how Sir Ariel analyzed the given problem. He identifies first what the problem is trying to look for. After that, he plots the values of the T-accounts according to their treatment, whether debit or credit. I've learned that when computing for doubtful accounts expense, you should pay attention to your computation using T-accounts because the answer usually lies within the table. I managed to get the second question using T-accounts. Thank you, Sir A!

  • @catamcoshaneaishi
    @catamcoshaneaishi Рік тому

    The two illustrations allowed me to interpret accounts written off as uncollectible, uncollectible accounts recovery, and doubtful expense accounts, and their effect on the allowance for doubtful accounts. I also learned how to know each of their amounts by working back from ending to beginning balance. For instance, the amount of write-off can be computed by adding the beginning balance and the doubtful accounts expense, then subtracting the total to the ending balance. Thank you, sir A!

  • @victorinorhavenm.1568
    @victorinorhavenm.1568 Рік тому

    Having watched the video, worked through the problems, and listened to Sir A's explanation, I can now answer sample drawings for Doubtful Accounts with ease. It was made plain and appreciative by his concise explanation.

  • @mharnyle.alvero4870
    @mharnyle.alvero4870 Рік тому

    The problems appeared to be challenging at first glance, but after giving them some time and listening to how to solve them, I came to appreciate the topic. In this video lecture, I learned about how to compute the doubtful accounts expense and write-off. I was reminded that to write-off an account receivable that has been specifically identified as uncollectible, we debit an allowance for doubtful accounts and credit accounts receivable. Additionally, using T-accounts made it easier for me to grasp the topic. Thank you, Sir A!

  • @josellaeunicebulan
    @josellaeunicebulan Рік тому

    Through watching this video, I learned about the computation for the doubtful accounts expense and write-off. I appreciate that every step and detail was discussed very well. Thank you po, Sir A.

  • @jasperjamespalo878
    @jasperjamespalo878 Рік тому

    This illustration clarifies my understanding of the difference between the transactions of doubtful accounts expense and the allowance for doubtful accounts. Thank you, Sir A!

  • @TolentinoReinAllenC.-kd3wz
    @TolentinoReinAllenC.-kd3wz Рік тому

    These problem-solving exercises guided me in testing what I learned and fully grasping how to calculate the doubtful accounts expense and write off uncollectible accounts. Not to mention, it highlighted how beneficial it is for us to use the T-account to arrive at the correct answer. Thank you for this, Sir A!

  • @angelikasiccion
    @angelikasiccion Рік тому

    In this video exercise, I was able to understand how to estimate doubtful accounts given the two different illustrations. In the meantime, I paid attention to Sir Serrano’s explanation of correctly computing and analyzing the problems. Nonetheless, I was able to capture significant critical points as we uncovered the answer for the two illustrations. Basically, when we write off the accounts receivable that will no longer be recovered, our journal entry will be a debit to the allowance for doubtful accounts and a credit to accounts receivable. On the other side, when there is recovery for uncollectible accounts, we simply reverse the entry wherein we debit the accounts receivable and credit the allowance for doubtful accounts since these were collected and recovered. Indeed, these illustrations are extremely helpful for us to put into practice what we have learned from past discussions. Thank you for the informative video exercise, Sir A! 💛

  • @trixieblanca9325
    @trixieblanca9325 Рік тому

    I learned a lot from these examples in this video lesson, including how to journalize accounts that were written off as collectible and how to retrieve uncollectible accounts. Debit the allowance for doubtful accounts and credit accounts receivable to journalize the write-off. Make the reverse entry to record the recovery of the uncollectible account. Additionally, I picked up how to calculate the disputed expense using the T-accounts, thanks to the simple and understandable discussion in the first example. Thank you sir A!

  • @Jeremyyyyyyyyyyyyyyyyyyyyy
    @Jeremyyyyyyyyyyyyyyyyyyyyy Рік тому

    I just watched a video on Estimating Doubtful Accounts Illustrations, which covered how to compute the Doubtful Accounts Expense and Write-off. I found the video to be engaging and informative, and I was able to quickly apply what I learned in the previous lesson on the Aging of Receivables Method to solve the problems presented in the video. Thank you, Sir A! for providing an enjoyable exercise to practice my understanding of Doubtful Accounts Expense and Write-off.

  • @shugarmaevalera4901
    @shugarmaevalera4901 Рік тому

    Watching this video lecture, I learned how to compute for the Doubtful Account Expense and for the Write-off Account if they are being asked in a problem. I also acquired more knowledge about the Allowance for Doubtful Accounts at the beginning and at the end of the accounting period. Also, I realized how T-Account is very useful as a template and guide to properly analyze the problems involving the Doubtful Accounts to arrive at the correct answer. With this, thank you Sir A!

  • @airabacatan8998
    @airabacatan8998 Рік тому

    By using the two examples, I've learned how to calculate doubtful accounts. The t-account makes it simpler and more organized. Thanks to you po, I was able to understand the topic at hand. My belief in my capacity to deal with other problems, however, is still lacking, therefore I need to do more research and problem-solving. God bless you, sir A, and thank you po!

  • @magdasocairan.263
    @magdasocairan.263 Рік тому

    In this video lecture, I acquired a lot of new knowledge from these illustrations, such as the journal entry of accounts written off as collectible and the recovery of uncollectible accounts. To journalize the write-off, debit the allowance for doubtful accounts and credit accounts receivable, and the opposite entry of this is for the recovery of the uncollectible account. I also learned how to compute the doubtful expense using the t-accounts, and because of the straightforward and clear discussion in the first illustration, I was able to find the accurate answer in the second illustration even before it was explained. Thank you, sir A!

  • @louisejulianelopez
    @louisejulianelopez Рік тому

    In these illustrations, I was able to apply my understanding from the previous video lectures I watched. I was able to follow and answer the given problems correctly using my own knowledge. With this video, I was able to figure out the formula for getting the ending balance of the Allowance for Doubtful Accounts, which is Beginning Balance plus Doubtful Accounts Recovery plus Doubtful Accounts Expense minus Accounts written-off. Thank you so much Sir A for briefly explaining the process!

  • @galardeairafayer.8861
    @galardeairafayer.8861 Рік тому

    I was able to use my knowledge from the prior video lectures I viewed in these illustrations. Using my own knowledge, I was able to accurately follow and solve the offered tasks. With the help of this video, I was able to calculate the ending amount of the Allowance for Doubtful Accounts, which is Beginning amount + Doubtful Accounts Recovery plus Doubtful Accounts Expense minus Accounts Written-Off. Thank you, Sir A!

  • @kristahaily6808
    @kristahaily6808 Рік тому

    The illustration helps me understand the past lessons, and I learned about computing doubtful accounts and write-off. Thank you, sir A.

  • @arabella.aque1
    @arabella.aque1 Рік тому

    My understanding of calculating doubtful accounts expense and write-offs was greatly enhanced after watching this video. The illustrations provided valuable visual aids, and I learned the significance of using T-accounts for problem-solving, as they help identify any missing items easily. The given problems were helpful, and I was able to grasp the concepts successfully while watching. Thank you again, Sir A.

  • @mercadorainnielle5906
    @mercadorainnielle5906 Рік тому

    A great illustration on how to compute for the Doubtful Accounts Expense. Thanks, Sir A!

  • @mirandajohncarls.9392
    @mirandajohncarls.9392 Рік тому

    As a result of encountering and following the examples offered in this video presentation, I now feel confident in my ability to solve difficulties involving dubious accounts expenditure and write-off. T - account, I learned, is useful in every situation since it provides the missing pieces that are being sought. Many thanks to you, Sir A.

  • @rodeldemesa6953
    @rodeldemesa6953 Рік тому

    This video review allowed me to expand my understanding of the write-offs and how DAE is computed given the same transaction. It deepened my critical thinking, especially on how to analyze the problem and what treatment I should use to get the correct result. I was able to grasp this new learning and with this, I am looking forward to encountering these kinds of problems in the future. Thank you, Sir A, for another insightful and concise lecture!!!

  • @janillareysylllagas7043
    @janillareysylllagas7043 Рік тому

    I learned how to compute NRV and what accounts fall under it through this video presentation. Although I had trouble following the first question because I didn't immediately understand the illustration, I was able to do so when I watched the video again. I discovered how to compute the write-off of uncollectible accounts in the second video. If you carefully read the question and know what to write in the journal entries, it's fairly simple. Thank you, Sir A!

  • @johnreytacbad5096
    @johnreytacbad5096 Рік тому

    T-accounts are a life save. Watching this video containing sample problems was really enjoyable. I tried answering them on my own and had a really hard time. Thankfully, it was clearly explained in a short and very concise video. Thank sir A.

  • @bendiciolanceravens.3659
    @bendiciolanceravens.3659 Рік тому

    These two illustrations really helped me to better grasp the concepts of computing the Doubtful accounts. My knowledge of the distinction between the transactions of doubtful account expense and the provision for doubtful accounts has been improved through this video. Now, I have a foundation on understanding of how to analyze such transactions using T-accounts to solve problems, particularly when computing for the doubtful accounts expense & write-off because of the examples you provided. So, thank you, Sir A!

  • @pangilinanrizaroxas9024
    @pangilinanrizaroxas9024 Рік тому

    Through this video, my understanding and knowledge about solving or estimating doubtful accounts in financial accounting became better. I clearly understand how to get the doubtful accounts expense and write-off of accounts receivables using T-accounts. I realized that it is easier and clearer if I will use T-accounts in estimating doubtful accounts. Thank you po!

  • @princezharlvillar6196
    @princezharlvillar6196 Рік тому

    My knowledge of the distinction between the transactions of doubtful account expense and the provision for doubtful accounts has been improved by this illustration. Thank you , Sir A!

  • @katrinagonzales180
    @katrinagonzales180 Рік тому

    My main takeaway in this video is to be mindful of the details given in the problem, and analyze carefully what needs to be found and solved to get the correct answer. This topic is easy for me since I have encountered it before, but this lecture made it even easier as it helped me visualize the given transaction by providing a t-account or solution format. I gained knowledge in two different ways of showing possible problems about estimating doubtful accounts where the first illustration is about solving a doubtful account expense, and the second one is about solving a write-off. It's a basic math at the same time it's also tricky that's why we have to be good at analyzing the whole situation in the given problem. Thank you for this, sir.

  • @judeafhayeburce
    @judeafhayeburce Рік тому

    I was able to comprehend and learn how to compute for the doubtful accounts and write-offs thanks to the provided examples. The clarity of this video lecture is outstanding. Thanks, Sir!

  • @2mik8
    @2mik8 Рік тому

    The two illustrations provided were very helpful in enhancing my understanding of the computation for doubtful accounts expense and written-off. Thank you, Sir A.

  • @jhoicaranom1756
    @jhoicaranom1756 Рік тому

    The two illustrations demonstrated enabled me to understand the concept of write-off. It is important of knowing how efficient using the t-account is in solving for various accounts such as the doubtful accounts expense, write off and the ending balance of AFDA. Thank you very much Sir!

  • @zairean16
    @zairean16 Рік тому

    Through this video, I discovered how to calculate doubtful account expenses and write them off. To obtain the doubtful account expense, the ending balance, write-off, and beginning balance should all be summed together. When calculating write-off, the end balance should be divided by the initial balance plus the expense for doubtful accounts. Thank you, Sir A!

  • @mylenemaravillas8557
    @mylenemaravillas8557 Рік тому

    I learned about the calculation of doubtful accounts expenses and write-offs through this illustration. A lot of clarity was provided by the illustrations that were presented for me to understand what was being presented.

  • @kristhalhernaez9061
    @kristhalhernaez9061 Рік тому

    The illustrations helped in applying our learnings on the doubtful accounts, and I think constructing t-accounts is really helpful for this. Thank you po, Sir A!

  • @rhamzelrosezuniega9443
    @rhamzelrosezuniega9443 Рік тому

    Through this video lecture, I've learned how T-account is really important. This made me know how to solve problems regarding doubtful accounts expense and write-offs. Thank you, Sir A!

  • @krizelmangalindan8371
    @krizelmangalindan8371 Рік тому

    The two illustrations help me to better grasp the concepts of computing the Doubtful accounts. Thank you, Sir A, for making it easily for us to learn the concepts.

  • @kristineperez4914
    @kristineperez4914 Рік тому

    In this video lecture, I got confused at first because of a lot of information given in the problem, but with Sir A's explanation, I now understand what I should add or subtract from the given. These illustrations helped me learn about the computation for doubtful accounts expense (DAE) and written-off. To get the DAE, we should add the ending balance and write-off and subtract the beginning balance and recovery. While in computing write-off, we should add the beginning balance and DAE and deduct it from the ending balance. This lecture was helpful, especially since I need to practice more for the upcoming deptals. Thank you for this, Sir A!

  • @loannemaedeguzman3441
    @loannemaedeguzman3441 Рік тому

    Through the provided illustrations in this video lecture, I have gained an in-depth explanation regarding the topic of doubtful account expenses. I have become familiar with how to compute because of the very simple yet meaningful discussion. Thank you, Sir A!

  • @aloysiusmarquez
    @aloysiusmarquez Рік тому

    In the video, I learned how to compute doubtful accounts expense and write-offs, which was made clearer with the inclusion of problems and solutions. As a student who finds textual lessons challenging, this interactive approach significantly improved my understanding. I greatly appreciate the effort put into creating such a helpful learning experience. Thank you, Sir A!

  • @sofiafrancescam.balaoing2042

    In this video exercise, I realized that a way to analyze and easily understand the problem is through illustrating the T-account because it helps visualize the effects of different accounts in the given problem in order to arrive at the correct balance. Thank you, Sir!

  • @cadizaliyahred1705
    @cadizaliyahred1705 Рік тому

    I answered it first before watching the discussion to assess myself and thankfully, I got it all right. Answering these problems helped me remind how to solve doubtful accounts, write offs and allowances for doubtful accounts. The explanations were discussed clearly and concisely; thus, making this video very effective in refreshing my knowledge. Thank you po!

  • @juliemaedeano6099
    @juliemaedeano6099 Рік тому

    The illustration widened my knowledge about estimating doubtful accounts. Thank you!

  • @kurtnagbuya2316
    @kurtnagbuya2316 Рік тому

    I am able to learn how to determine a doubtful account charge and write-off by using this sample problem or illustration. The processes for estimating the transaction are thoroughly explained in the video, along with its terms. Thank you, Sir A!

  • @Kathrinne
    @Kathrinne Рік тому

    This illustration made me practice my knowledge about doubtful accounts and I liked how Sir A solved them in a simple way which is more comprehensible and fast to do. There are times that I am having a hard time solving this account but now, I fully understand the concept behind it and how to apply it. Thank you, Sir A!

  • @marksherwinbatao9797
    @marksherwinbatao9797 Рік тому

    This video lecture taught me how to calculate and estimating doubtful accounts. Additionally, it showed how to compute for written off uncollectible accounts. And all these calculations can be compute through the use of T accounts. Using illustrations and several problems helped me to visualize the previous video lectures that only focuses on the concepts about this topic. Thank you, Sir A!

  • @jenyanedellamas2315
    @jenyanedellamas2315 Рік тому

    In the first illustration, I got a bit confused on which amounts I should use as there were transactions that I wasn't familiar with. So, as I tried to answer it, I learned about accounts receivable written off and doubtful accounts recovery. Account written off represents the amount that is deemed uncollectible so they are removed from the accounts receivable account. For this, allowance for doubtful accounts is debited and accounts receivable is credited. On the other hand, doubtful account recovery is a reversal of accounts written off as this involves payment of an account after it has been considered as uncollectible. And this requires a debit in accounts receivable then credit to allowance for doubtful accounts. Thus, after knowing about this, I was able to answer the second illustration accurately. Thank you, Sir A!

  • @abeciaspencern.9736
    @abeciaspencern.9736 Рік тому

    I learned how the balance of the allowance for doubtful accounts is affected by write-offs and doubtful accounts expenses. Thanks to Sir A’s use of the T-account and his explanation, it was more understandable.

  • @jennelyncapino1477
    @jennelyncapino1477 Рік тому

    Based on what I learned in the T-account of Allowance for Doubtful Accounts, its normal balance, the doubtful account expense, and recovery (if there is one) are on the credit side, while the write-off is on the debit side. Because of this, I actually enjoyed using the T-account when computing for the missing accounts that are needed in the problems (I got both of them correctly! Yey!). I think I need to master using the T-account so that I will not be confused. Thank you po, Sir A!

  • @jeanpaulenecanete695
    @jeanpaulenecanete695 Рік тому

    I discovered how to calculate doubtful accounts expense and write-offs from this video. The ending balance and write-off should be added, and the beginning balance and recovery should be subtracted, in order to obtain the DAE. We should add the beginning balance and DAE and remove it from the ending balance when computing write off. As T-account may fill in the gaps that a problem looks for, I also understood how crucial and useful it is in every problem.
    Thank you so much Sir A for sharing this video lecture.

  • @montevirgenjessanicoled.1490

    Thank you po, Sir A. I was able to develop greater knowledge of doubtful account expense and write-off in just two problems. I discovered that using the t-account is the most efficient method of computing these doubtful accounts. The accounts that will be credited and debited must be known. Regarding the topic, the write-off is debited and the doubtful account expense is credited utilizing the t-account of allowance for doubtful accounts.

  • @cristalayuson8897
    @cristalayuson8897 Рік тому

    While trying to solve the illustrations provided in this video lecture, I was able to apply the knowledge I gained from prior discussions and practice my skills in analyzing problems related to doubtful accounts expense and write-off. On the top of that, I understood how important and helpful to use T- account in every problem as it can reduce the amount of time I spend computing because it allows me to easily determine through it what is the missing items in the problem that I need to look for when I plot the given amounts. That’s all, thank you so much, Sir A

  • @kristinemartires5338
    @kristinemartires5338 Рік тому

    I was able to gain a deeper understanding of the computation of doubtful accounts expense and write-off with the aid of the illustrations in this video. I also came to understand the value of using a T-account while solving a problem because it makes it simple to identify any missing items. Thank you, Sir A!

  • @hariettejean
    @hariettejean Рік тому

    This was extremely helpful for me as a student who learns best through examples and illustrations, and I was able to comprehend it more thanks to the method of using a T-account to present it as well as the consistent talking about of the journal entries. Thank you po, Sir A.

  • @armadaheididoreenb.5077
    @armadaheididoreenb.5077 Рік тому

    With this video, I get to know how doubtful accounts expense and write-off uncollectible accounts are computed. I remembered that the entry for accounts written off is a debit to the Allowance for Doubtful Accounts and credit to the Accounts Receivable because the Accounts Receivables will not be collected. While the entry for uncollectible accounts recovery will be a reversed journal entry that was made when the accounts receivable were written off because it is recovered. Thank you so much Sir for the given problems, I was able to understand them well.

  • @calaranancatherinedg.1227
    @calaranancatherinedg.1227 Рік тому

    I was able to understand the process to some level, which implies that I still need more knowledge and improvement to fully grasp the case in question. Thank you po, Sir A!

  • @loveleydomingo2277
    @loveleydomingo2277 Рік тому

    This sample problem or illustration allows me to learn how to compute a doubtful account expense and write-off. The video has an in-depth explanation of its terms and steps for estimating the transaction. Thank you Sir A.

  • @sashenkadignum2471
    @sashenkadignum2471 Рік тому

    Done watching! This illustration gave an in-depth explanation regarding the topic and how to answer and analyze the transactions asked.

  • @riosantaigo
    @riosantaigo Рік тому

    The process of solving the problem is discussed thoroughly. It helps us, students, to appreciate the nature of each account titles more. Also, I have witnessed how sir A played with the formula/operations to arrive at the required amount. I will try to apply this technique in the future. Thank you, sir A!

  • @hashleycariazo5456
    @hashleycariazo5456 Рік тому

    In this video, it practiced our understanding of doubtful accounts. This also serves as proof of how T-Accounts can be so helpful. The one-by-one explanation and computation made me comprehend it even more. Thank you so much po, Sir A!

  • @angelicapalma9687
    @angelicapalma9687 Рік тому

    The examples expounded my knowledge about Estimating Doubtful Accounts. Even though I'm a bit confused and having a hard time analyzing the problems, this video lecture guided me. Thank you, Sir A!

  • @alyssal.albendia1592
    @alyssal.albendia1592 Рік тому

    I find it simple to understand how to calculate doubtful account expenses and write-offs after watching this video lecture. The appropriate way is to use t-accounts. Thank you for the illustrations, Sir!

  • @gaalory
    @gaalory Рік тому

    After watching the video and immersing myself completely with the given problems, together with carefully listening to Sir A's explanation, I've clearly learned how to solve the sample illustrations. Sir A's thorough discussion on how to compute the problems helped me a lot to understand how to get the right solutions regarding Doubtful Accounts. I'm grateful that Sir A discussed it in a very clear way to us.

  • @ninamaetria336
    @ninamaetria336 Рік тому

    In this video lecture, I learned about computing doubtful accounts and write-off. I also learned that it is best to use t-account in computing. Through the given examples, I got to understand more the topic. Thank you, Sir A!

  • @karlynigocuballes7166
    @karlynigocuballes7166 Рік тому

    After watching and following what was shown in this video presentation, I was able to comprehend and practice my abilities in dealing with difficulties with questionable account charges and write-offs. Furthermore, I discovered how important and useful T- accounts are in any problem because they can fill in the blanks that a problem looks for. Thank you, Sir A!

  • @FatimaAbigailUlama
    @FatimaAbigailUlama Рік тому

    This video is a great resource for improving our understanding of doubtful accounts. It demonstrates the effectiveness of using T-Accounts in accounting. With clear and detailed explanations and step-by-step calculations, it helped me grasp the concept even better.

  • @escalakatemargaretb.6089
    @escalakatemargaretb.6089 Рік тому

    This video lecture is very informative as it demonstrates various methods for estimating doubtful accounts and calculating the related expenses and write-offs through practical examples. This aided in my comprehension of the subject matter. Thank you, Prof. A!

  • @gwynethpaz8869
    @gwynethpaz8869 Рік тому

    After watching and paying attention to the examples given in this video lecture, I was able to comprehend and exercise my abilities in dealing with issues related to doubtful accounts expenses and write-offs. Indeed, it is simpler to calculate the amounts in the problem we are solving when T-accounts are used. Thank you, Sir A!

  • @princessmicahcastillon1628
    @princessmicahcastillon1628 Рік тому

    This problem solving illustration relating to estimating doubtful accounts taught me how to analyze these kind of transactions particularly those that requires working back from the t-accounts ending balances. Thank you sir!

  • @sherryangelareyes9010
    @sherryangelareyes9010 Рік тому

    This video helped me understand the estimating of doubtful accounts and write-offs. To be honest, before I was a bit confused about the nature of write-off and doubtful accounts expense but after watching and comprehending this video, I can say that I gained more knowledge. Thank you, Sir A.

  • @kencuerdo3923
    @kencuerdo3923 Рік тому

    The examples and problems provided were enough to apply the information i have learned so far in this chapter. This not just provide illustration but a detailed explanation which will help other student to understand it step by step. Thank you, Sir A!

  • @aishikeanaentera219
    @aishikeanaentera219 Рік тому

    The problems given and illustrated were adequate to utilize the knowledge we've been acquiring so far in this chapter. As the problems are presented, I was immediately challenged yet it boosted my motivation to test my analyzing skills and learnings about doubtful accounts. Also, through the first exercise I was able to understand a new term called "write-off" wherein the receivable is to be eliminated as deemed uncollectible that's why it made sense when it was being placed on the debit side of the AFDA. The second question was actually easier for me to solve than the first one as I try to fully understand what the problem is trying to imply. Thank you so much for this illustrations, Sir A!

  • @lyraannejykceldelosreyes
    @lyraannejykceldelosreyes Рік тому

    This video lecture presented a problem-solving example that was initially confusing for me. However, as soon as Sir A started explaining the steps, I was able to gain a better understanding of the topic. The example involved computing for the doubtful accounts expense and write-off. Sir A provided clear explanations of each step and even gave helpful tips to make the process easier to understand. While I was able to follow along with the process, I also need to improve my analytical skills in order to fully grasp the lesson. Overall, the video lecture was very informative and helped me improve my knowledge in this topic. Thank you, Sir A!

  • @deguzmanriazzajade
    @deguzmanriazzajade Рік тому

    Through this video, I learned how to compute the doubtful accounts expense and write-offs. In order to calculate the DAE, the ending balance and write-off should be added, and the beginning balance and recovery should be
    substracted. While in terms of calculating write off, we should add
    the beginning balance and DAE and
    subtract them from the ending balance. While making a T-account might complete any gaps that a problem looks for, I
    also
    realized how important and helpful itis in solving any problems. Thank you for providing this video lecture, Sir A!

  • @j_nkyllgs
    @j_nkyllgs Рік тому

    This discussion showed all of us the detailed way to compute for Doubtful accounts expense as well as write off accounts given the different amounts for different periods. This video make all of us picture what we are going to follow as a process in computing. I commend this video for being precise and informative. Thanks Sir A!

  • @lubokyllexyzah9936
    @lubokyllexyzah9936 Рік тому

    The illustrations for doubtful accounts helped a lot in understanding how to compute them. Especially in terms of the write-offs and recovery. I got quite confused in solving the first problem but I was able to understand it thanks to the explanations given. I've got the second one correctly. Thank you po for this, Sir A!

  • @jennycabamongan5057
    @jennycabamongan5057 Рік тому

    This example provided a thorough description of the subject as well as how to respond to and evaluate the transactions that were asked.

  • @ralphjohncloud8241
    @ralphjohncloud8241 Рік тому

    After watching the video, engaging with the provided issues, and listening to Sir A's explanation, I easily understand how to solve sample illustrations for Doubtful Accounts. His clear explanation made it clear and appreciative.

  • @zeegzag2933
    @zeegzag2933 Рік тому

    After watching the video, I gained a better understanding of how write-offs and doubtful account expenses impact the allowance for doubtful account balance. T-account illustration was somehow helped me to better understand the case. Also, it's important to be cautious and attentive when analyzing the given information to accurately determine the account balance required to solve the problem. Thank you for this, Sir A!

  • @jgf.veto_
    @jgf.veto_ Рік тому

    This exposed me to other problems that might be associated to impairment losses. I have refreshed and applied lessons I have learnend previously.

  • @kyrakeithcamara6737
    @kyrakeithcamara6737 Рік тому

    This video may be too short for someone who's searching for a worthwhile educational video specifically on a topic he/she is exploring for, however, Sir A surpassed those assumptions since despite a video that only took 12 minutes, I have gained a lot of knowledge through answering his given problems including his detailed explanation. I came to conclude that reading comprehension should be focused more before the actual process of answering the problem to avoid mistakes on the chosen letter if it is multiple choice or amount if it is identification. Journal entries were also discussed for written offs transaction which is debit Allowance for Doubtful Accounts and credit Accounts Receivable. On the other hand, journal entry for uncollectible accounts recovery is the vice versa or reverse entry of the ADA's journal entry since it has been recovered. Thank you for this wonderful explanation, Sir A!

  • @ShiannFallaria
    @ShiannFallaria Рік тому

    I gained the opportunity to test my understanding of the previous lectures through this video, which helped me assess my retention of the lessons. Thank you, Sir A!

  • @guillenkimfaitho.6313
    @guillenkimfaitho.6313 Рік тому

    This video explanation and illustration about the estimating doubtful accounts helps me figure out the step-by-step procedure for doubtful accounts by comparing the two example problem given by the illustration. By this video practice, I was able to grasp and understand better the material given by prof A's brief explanation. Thank you prof A, for this examples and practice task that made my understanding better, this is better than just abstract ideas.

  • @andresmagojr.
    @andresmagojr. Рік тому

    I am able to familiarize myself even more with regards to doubtful accounts. I can also easily analyze the problem through your explanation. And as a result, I was able to get the right answers. Thank you po Sir A!

  • @erenmaeduyongan8092
    @erenmaeduyongan8092 Рік тому

    I already watched this video lecture before and the given illustration or example cases helps me to understand more about the topic in Estimating Doubtful Account and I was able to answer some cases on my own.

  • @rafaelleongson9000
    @rafaelleongson9000 Рік тому

    Through this video I learned how to analyze the value asking for a certain transaction or problem, and I'm able to used my knowledge gain in the previous video, that's why I'm able to answer too while watching. Thank you Sir A!

  • @NinaBagasbas-uk1ly
    @NinaBagasbas-uk1ly Рік тому

    This video lecture helped me to recall the topic of accounting for doubtful accounts. In the first problem, I had no idea about the answer since this is not the usual kind of problem given in the other previous discussions about doubtful accounts. Still, I knew how to get the net realizable value referred to in the video. That is why I am thankful for how the solutions for the answer were presented since it made it easier for me to realize the value I sought. But in problem 2, I got the idea of how to get the answer. Thank you very much for explaining those two problems to us in detail, and I hope I'll be able to answer questions the next time, especially when it becomes complicated. Salamat po!

  • @lolonglesliea.537
    @lolonglesliea.537 Рік тому

    In this video, I have applied my knowledge with regard to Accounts Receivable, Net Realizable Value, Writing-off, Allowance for Doubtful Accounts, and its recovery. In computing problems regarding this, creating a T-Account will easily guide you to arrive at the correct amounts. Indeed, this is very helpful. Thank you very much for this, Sir A!

  • @capilastiqueprincessp.98
    @capilastiqueprincessp.98 Рік тому

    I have been dealing with write offs related problems but I never really understood it and never knew how to properly solve until this video. Thank you so much for this great illustration sir A, I learned a lot from this po.

  • @angielinecaling1655
    @angielinecaling1655 Рік тому

    Through this video lecture, I gain more knowledge and also it improves my understanding about the computation for the douftful accounts expense & write-off

  • @deGuzmanLorieMaeM
    @deGuzmanLorieMaeM Рік тому

    Personally, answering problems is where I'm actually learning the accounting process. It's the only way I can test (and sharpen) my understanding about the topic. As I go on with the questions, regardless if I get the correct answer, it's a win-win for me. It's only either I really understood, or it's a new to-note points for me.
    I appreciate work-back problems because it implies whether I only memorized a formula or I really understood the concept. More videos like this, sir A!

  • @jayzelannecepres
    @jayzelannecepres Рік тому

    Watching video lectures like these truly helps me comprehend the subjects being discussed. Since it was explained step-by-step, I was able to understand it better. Thank you Sir A for always providing sample problems.

  • @vargasleac.42
    @vargasleac.42 Рік тому

    It helps us determine which of these four possibilities matches the correct answer by going through this video. It is necessary that we comprehend every problem that we are solving. When we are recording the doubtful account expense we debit doubtful account expenses and credit allowance for doubtful. I am grateful to Sir A for showing me how to solve difficult accounting problems.

  • @kylaroseborja3454
    @kylaroseborja3454 Рік тому

    In just two problems, I was able to gain a deeper understanding regarding doubtful accounts expense and & write-off. I learned that the best way to compute these doubtful accounts is by using the t-account. It is important to know the accounts to be credited and debited. As for the topic, using the t-account of allowance for doubtful accounts, the doubtful account expense is credited, while the write off is debited. Thank you, sir A :)

  • @klyyyrosario1904
    @klyyyrosario1904 Рік тому

    After I watched the video lecture, I learned how to compute the doubtful account expense and write off. Also, the T-account was really helpful to fully understand the sample illustrations. Thank you for this crystal-clear explanation, Sir A!

  • @escotojohncarloc.4612
    @escotojohncarloc.4612 Рік тому

    After watching the discussion, I was able to understand the computation of allowance for doubtful accounts and remember the correct entries and balances of the account. Thank you sir A.

  • @blesserikatorillo9941
    @blesserikatorillo9941 Рік тому

    I learned about the calculation for doubtful accounts expense and written off from this video. To obtain the doubtful account expense, the ending balance, write-off, and beginning balance should all be summed together. When calculating write-off, the end balance should be divided by the initial balance plus the expense for doubtful accounts. Thank you, Sir A!

  • @gwenbesa3126
    @gwenbesa3126 Рік тому

    It was difficult for me to answer the sample problems on my own but thanks to Sir A explaining it cleary I was able to follow and understand how to solve for doubtful accounts expense and write offs. Thank you so much Sir A!

  • @hannahhombre5617
    @hannahhombre5617 Рік тому

    In this lesson, by watching those two example problems it is easier to understand the expense and write-off of the doubtful account. It improves my learning about those two by watching and understanding this video lecture. Thank you, Sir A.

  • @joanamaeboneo2620
    @joanamaeboneo2620 Рік тому

    This video course assists me in analyzing each problem and determining the best strategy to apply. Answering the problem allows me to go over what I learned in earlier video courses. Despite the fact that I am in the middle of answering the problem. Sir A, aid me with understanding the portion where I am confused. I finally understood the lesson thanks to Sir A's illustration.

  • @shaneavelyn
    @shaneavelyn Рік тому

    Before watching the solution, I tried answering the problem first. I was confused on how to account for the DAE in both illustrations, but as the lecture progress I have understood how it is reflected in the T-account of Allowance for doubtful accounts. I was also reminded how to work back with equations. These illustration helped me to comprehesively understand more of doubtful accounts. Thank you po, Sir A!

  • @manicrisjuwenco4591
    @manicrisjuwenco4591 Рік тому

    I now have a better understanding of how to analyze such transactions using T-accounts to solve problems, particularly when computing for the douftful accounts expense & write-off because of the examples you provided. Thank you, Sir!

  • @rearobles1039
    @rearobles1039 Рік тому

    From this lesson, I was able to recall and improve my understanding about the computations of doubtful accounts from our past lessons. Thankyou for this Sir A!