I always look forward to your tutorials. Especially the new ones you are uploading. Maraming salamat Po. Hoping Po you enjoyed making tutorials and para Po marami Po kayong matulongan salamat sa pag sure nyo po Ng inyong knowledge. God bless
Thank you sa laging pagpost ng Tutorials. Kahit d na kami magrequest nandto na yung mga kailangan namin. Salaaamat po. Godbless. Continue to help those students who want to learn and in need💗
Thank you po :) It is very imformative po then mas naging malinaw po at nauunawaan namin yung bawat itinuturo niyo. hihihihi more vids tutorials to come pa po God Bless you po
You're welcome Norielyn. We're happy na mas nauunawaan nyo na ang topic. Mag aral ng mabuti ❤️ Yes, more videos to come pa. May mga higher accounting topics na din kami dito hope you consider watching those. ❤️
Tanong ko lang po. Yung discount po ba para po sa mga office supplies, purchase discount pa rin po title? Kung purchase discount pa rin po. Kasama pa rin po ba yun sa pagcompute ng Cost of Goods sold? Or mga purchase discount lang po ng mga merchandise inventory ang iisasama sa pag compute ng COGS?
Hello po. Ask ko lang po if kapag mage-entry po ako sa merchandising, ilalagay ko muna ba lahat sa general journal? Then saka po ako mag lalagay sa special journals? Or ang ilalagay na lang po sa general journal ay yung mga di ko ilalagay sa special journals?
Hi Sir. May I know Po how to journalize this transaction, Hindi Po Kasi ako pamilyar talaga sa refunds, nahihirapan ko ako. "Returned some supplies that were damaged for a cash refund of$40." Thanks po.
Yes, ejay 🙂 Pwede gamitin ang account na 'inventory' instead of purchases account. This is the case for entities na gumagamit ng 'perpetual' inventory system. Hope it helps ♥️
Pano po pag supplies for business use ang binili ni merchandising company, ano po journal entry for debit nun? Dr. Supplies or Dr. Purchases? (no chart of accounts provided)
Sir, tanong ko lang po kung bakit no journal entry required po sa may freight charges sa May 4. Parang lumalabas po niyan sir libre yung transportation cost.
Hi Klarence! Yes no entry required yun kaya free ang freight charge nya sa point of view ni buyer. Free ang transpo cost pero sa point of view ni buyer lang kasi ang term ay "FOB Destination". Pag FOB Destination, si "seller" ang magsshoulder ng transpo cost. Hope it helps.
hello!! diba sabi niya "freight charges amounted to 2k",, charged pa lang siya, di pa binabayaran. pag binayaran na, debit A/P, credic cash. hope this helps hehe
Hello po, why is it na hindi recorded sa May 18 transaction ang freight charges? Hindi na po ba need i debit yung freight-in then credit Accounts Payable sa May 18 para sa May 21 transaction is yung pagbayad ng freight ng buyer which is debit AP then credit sa Cash? kagaya po sa naunang transaction hehe sorry po medyo nalito lang. Thank u sir
Hello Jhelsea! Actually pwede itong namention mo na entries where in irerecord muna ang freight in and a/p sa May 18 kung ang amount ng freight cost is given sa May 18 transaction. Dito kasi sa problem na ito. Walang freight charge na sinabi sa May 18. Sa May 21 naging given yung freight charge ng purchase ng May 18. Kaya ganun ung naging entry sa video. Hoping this will help.
Hello Rachelle. Yung freight terms na napanood mo ay pang intermediate accounting na. Ito naman na video ay pang basic accounting. Hindi naman totally disregarded, "silent" lang ang problems sa kung sino ang actual na nagbayad ng freight cost. Hope it helps.
Good day, Sir! Paano po kapag partial payment and allowed ang discount po kahit na partial payment lang? Alin po ang kukuhanan ng discount? Yung original amount po ba or yung amount lang ng partial payment? Salamat po!
Hello Reia. If partial payment lang at allowed ang discount kahit partial payment. Ang basis lang ng discount ay yung amount lang ng payment. For example. Payable ay 10K subject sa 2% discount, pero binayaran mo lang ay 4K partial payment. Kung allowed pa din discount sa partial payment, sa 4K lang ang basis. Hope it helps.
Sir what if assumingly, on May 20 Cammayo found some issues and returned a merchandise worth of 50000 to Ramos... Magkano po ung ammount na irerecord as return 50000 po ba or 30000 ---->(50000*0.60)?
Hello, Paul Assuming na nangyari yung sale May 18. Tapos May 20 nagkaroon ng return. We will record the return at amount 50000. No need to multiply 60%. 50000 presumed Invoice price, not list price kaya no need multiply. Hope it helps.
@@FilipinoAccountingTutorial Thank you po for answering and ASAP reply... Andami ko po kasing nakikitang ganyang situations while reviewing... thank you po ulet
May tanong po ako, what if for example ang transaction po nakalagay ay sold merchandise worth 45k less 10. Terms: 2/10, n/30. Ibang less pa po ba yung 10% sa 45k? Tapos yung answer doon, is less 2% pa po?
Maraming salamat Bea. Masaya kami makatulong. Mag aral nang mabuti 💛 10% ay trade discount at hindi yan irerecord kaya less 10% sa list price na 45K. 2% cash discount. Less lang ang 2% kapag nakapagbayad within discount period. Hope it helps.
Hello leinmark. 98% is galing sa 100% - 2% cash discount. Kumbaga shortcut yan to determine the amount of collection or payment less discount. If pasok sa discount period, you can just multiply the amount and 98% to get the cash collection or cash payment. Hope it helps 🙂
Hello christian. 98% galing sa 100% - 2% cash discount. Kumbaga shortcut yan to determine the amount of collection or payment less discount. If pasok sa discount period, you can just multiply the amount and 98% to get the cash collection or cash payment. Hope it helps 🙂
hi again sir, sorry for the disturbance, you're the only person who has helped me rn, may tanong ako sir. what if there was no equivalent ang FOB? how do u put it in the general journal. ang statement po ay ganto. "Sold Merchandise, P30,000, FOB Destination with terms 3/10, n/30" ty ^^
@@FilipinoAccountingTutorial labyu ser, naka-answer ako dahil sayo at sa channel mo, thank u so much, kanina pa ako nanonood ng vids mo, recommend ko talaga sa mga classmates ko❤️❤️❤️ goodnight po 💖
Hello Ericson. If referring ka sa same problem na ito but perpetual system, wala kami example n'yan. Pero meron kami dito videos about periodic vs. Perpetual system recording ng inventory transaction. Hope it helps 💛
Thankyou po sa post na to really big help po para saamen na maka adv. lesson dn hehe pwd po ba ako makahingi ng picture ng transaction po? hehe gumagawa po kasi ako ng mga hand outs reviewer hehe sinusulit ku po kada turo nyo :) hehe thankyou po ulit and God bless!
It must be "credit". Purchase discount normal balance is "credit". We are very sorry if thisbrings you sobrang pagkalito sa topic na ito. Hoping this explanation will settle sa any confusion caused.
