Lesson 017 - Adjusting Entries 1: Prepaid Expenses (Basic Approach) 

that is true, the math isnt even complicated, like they said, "Take accounting, kasi magaling ka sa math" it really needs more english than math hahahahha

😂 Jimin 💜 thank you again sir! We really need more accounting educators like you.

Thank you very much po sa video lessons niyo, Sir Chua! Wag niyo pong idedelete account niyo😭😍

Thank you, Sir Chua! Sobrang naging helpful tlaga itong mga video lectures mo sakin. KLARONG KLARO ang explanations mo kaya hindi mahirap maintindihan. More powers, Sir! Sana madami pong teachers ang katulad mo. God bless!

Hello po Sir Chua, baka po may exercises kayo or example pa po na pwede namin i-solve or pagpractisan 🥰❤️

Thank You Sir for your Video, helps me so much to understand Lesson in FABM1&2. Permission to use your video to my class in ABM. Mabuhay & Maraming Salamat po

Thank you so much, sir for free accounting lesson. My instructor wonder, why I've been acing all of her quizzes, though I don't have background on accounting during my SHS.💛💛 Super bilis ko lng na catch up. Galing mo sir💛💛👐👍

Sir chua pwede po makahingi ng other activities for all the adjusting entries? Ty po.

Thank you for sharing your knowledge. You help not only the students but teachers as well. God Bless you!

Dito ko lang nagets assest method and expense method HAHAHAHA

Thank you so much po. Sobrang linaw ng explanation, ang galing! ❤❤

Thank You so much Sir Chua!! Now I am more willing to learn Accounting.

OMG,I wanted u to be my prof😭ang bilis ko naintindihan samantalag gulong gulo ako nung prof na namin nag tackle nito😫U r teaching is amazing po!THANK YOU SO MUCH😹

Hello Sir, paano naman po ito? huhu 31-Oct-20 Adjusting Entries Adjusting 1: Record the depreciation expense related to Service Vehicle amounting to Php 6.300. Adjusting 2: Assume that Php 6,000 of the supplies were used. Adjusting 3: Record insurance expense related to vehicle.

Thank you so much Sir Chua, at first I thought it will be really difficult for me to start studying this topic. But you made it easier for me to start advance reading and learning again. I hope what i have learned from this will be used when we tackle this on class. Thanks again sir.

katuwa manood vids mo Sir thanks!

Sir Chua: " accounting is really more on english rather than mathematics" Me who loves english and sucks at math : well, I think I've come to the right place🙄

Grade 11 po ako and fabm 2 na kami ngayon but hindi ko masyado naintindihan yung lesson namin about sa adjusting entries last semester. Thanks po dito sobrang laking tulong! I will also watch your other videos din po!

BAT ANG KOMPLIKADO MAG TURO NG TEACHER NAMIN HUHU, MARAMING SALAMAT PO!

iloveyou sir chua, salamat sa mga vids mo po

Thank you, sir! Very helpful siya sakin ❤️

Thank you so much sir! It is really a big help!

thank you so much sir!

Good day Sir Chua. Im a follower. Best Acctg tutorial so far. Thanks. I need your Clarification on my opinion please: Asset Method vs Expense Method Please correct me if Im wrong. Asset Method is better because Journalizing is fewer than expense method and timing is timely: First, recording as asset as purchased; Second, adjusting entries at the end of acctg period for used assets Expense Method Requires more journal entries and timing is quite not normal (i think): First, purchases of assets are recorded as expense; Second, adjusting entry at the end of period for unconsumed assets. Third, Im not sure of this, but on the new acctg period. Another journal entry is needed to record the remaining assets as expense again. Am I thinking it right, Sir Chua? PS: I just started watching you vids this week and am learning a lot. I am planning to program an excel spreadsheet for acoounting of small businesses and apply the things Im learning from your tutorials. Thanks and have a nice day, Sir Chua.

Hi sir, as of April 30 which is the end of the accounting period the checks prepared by the company are not yet issued to the payees what I did I reversed the entries back to cash. What about in the beginning of the accounting period which is May 1 what journal entry should I make related to the reversing entry that I made.

Hello po! Sir Chua sobrang laking tulong po ng video na ito para sa akin po lalo na po na minsan nahihirapan po ako sa adjusting entries. Ask ko lang po kung may mairerecommend po kayo sakin na books or website po na maraming transactions para sa journal entries and about po sa adjustments entries po. Bilang lang po kasi yung example na binibigay ng teacher ko po e. Thank you po

Ako na muntikang malimutan mag Screen shot,,, buti nabanggit ni sir chua

thank you and God Bless po sir

Thankyou sir, madali pong magets yyung lesson kaso mahina po yung boses ninyo, sana po malakasan kahit konti po sa susunod Thankyouuuu🖤

Sir,ask ko lang po. ano po magiging date nya halimbawa sa half of the month nag start then mag eend sa hindi pa magsasakto ng month? EXAMPLE PO, Dec 16,2018 - Feb 14,2019?

Thank you very much, sir Chua! you're my savior especially in my FABM subject

Thank you po nag ask yung teacher ko sabe bat dame ko daw alam..sabe ko secret haha joke sabe ko may referrence ako si Sir Chua.. ❤

thank u sir Chua💜 and now I understand how to get a adjusting entry's (pero sakto lng 😅)

Sir, pag sa mismong tanong diba po isang dr and cr lang naman po need, bale pano mo malalaman if anong method gagamitin?

Salamat dito, Sir! Sa'yo ko lang po pala maiintindihan ang AJEs hahaha!

THANK YOU PO SIR!!!!!! LIFE SAVER PO TALAGA KAYO HUHU. MARAMING MARAMING SALAMAT PO TALAGA

Mas marami pa po ako natutunan sainyo kesa sa prof ko. Thank you, sir!!

thank you so much😇😇

Thank you po sir chua 😊😊napaka clear po ng pagpapaliwanag nyo..

THANK YOU PO FOR MAKING IT EASY TO UNDERSTAND AND YOU ARE REALLY A HUMBLE PERSON PO THANKS

I am very excited in this lesson sir.. thank you for discussing it clearly ❤😊

Thank you sir Chua! I’ve learned a lot, keep it up!!

Thank you❤

Thank you sir💓 Goodbless po

sir, bat wala kayong lessong ant sa partnership T.T

THANK YOU SIR CHUAAA YOU SAVED MEEEEEE😫♥️

Thank you sir! I am having a hard time in adjusting entries po but you made it easy for me to understand. Godbless sir!

thank you Sir! medyo nagegets ko na po huhu finallyyyy

Omyghad thank you very much sir chua!

Sir thank you for this. Godbless you and more power.

Thank u sir❤️ I learned a lot po

thankyou po sir,Godbless

You're so good po talaga, thank you so much!

ang hirap 😭😭😭 pano niyo to natatandaan

Thank you sir, galing po ninyo magturo.

very helpful! thank u sir!!! 💜

Thank Sir na merong katulad nyo

💓💗

how to handle the hand outs sir ?

Thank you so much sir!!

Thank you sir!

Im a fan of you sir. Thank you

thank you, sir!

THANKYOU SOMUCH SIR

Thank you sir ❤

Thank you prof!💚

Thank u po😊

More positive vibes!

thankyou sir!

Done po

Thank you! 🤎

The best!

Ask ko lang po, ano pinagkaiba ng revenue sa asset? Why revenue cannot be asset? Sana po masagot huhu

Good day sir, I would like to inquire something. Can I ask for you email? Thank you, sir!

My fault for not watching accounting videos before pursuing BSA🥹😭 Thank you Sir for your video. It acts as an Encouragement for me na hirap sa Accounting🥹