Pinoy Accounting Lessons

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Pinoy Accounting Lessons

Pinoy Accounting Lessons This page was created to help accounting students understand and appreciate accounting even more by

19/06/2022

Parang hindi naman.

09/05/2022

Yung kaba ng pagshade sa balota parehas nung kaba nung pagshade ng sagot sa Board Exam. Kase alam natin na malaki ang nakataya.

04/05/2022

Mga nahihirapang umintindi ng mga Accounting Lessons for Leni-Kiko

"Sa Gobyernong Tapat, Angat Buhay Lahat! At siyempre, ipapanalo po natin ito para sa lahat!

twb.nz/kulay-rosas-ang-bukas-2022

Frame by: Japet Hosiah Peña

08/04/2022

Internet: Aral kayo estate para may matutunan naman kayo

Tanging naalala ko sa estate tax

13/02/2022

21/11/2021

Prof:Madali lang Yung exam. Multiple Choice

Yung mga choices

04/10/2021

Review review kayo dyan

Cost Accounting: A sneak peek.

Last meme of the Day. :P

Youtube Channel
https://www.youtube.com/channel/UCTl4rogoOP151DVEsjLAhoQ?view_as=subscriber

04/10/2021

What's yours? hehe

01/10/2021

Ahh gueh

12/09/2021

Congrats Lods

05/09/2021

Sir wag today. Please

Ilugar mo naman Sir. Hehe

05/09/2021

Bakit naman ganun? Hehe

16/08/2021

Yung nataasan mo pa yung kinopyahan mo buong sem.

15/08/2021

Sir anu po ba pinagkaiba ng Periodic sa Perpetual inventory system? .

Ah ito oh. Hehe

Good Night. Hehe.

Wag nyo iexplain. Hayaan nyo sila magbuklat ng libro. :P

YouTube Channel
https://www.youtube.com/channel/UCTl4rogoOP151DVEsjLAhoQ

07/08/2021

Bakit naman ganun?

October 2022 CPALE RFBT. I can't laugh at this meme :( .

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Just another synchronous discussion. Hehe. I love my job. Hehe Youtube Channel https://youtube.com/channel/UCTl4rogoOP151DVEsjLAhoQ

Same Question Sir.

Components of Product Cost

Components of Product Cost (Quick Lecture) Full Lecture: https://www.youtube.com/watch?v=JDGjnHTk5CI&t=461s Playlist: Introduction to Cost Accounting https://www.youtube.com/playlist?list=PLdkc71vapIjOAkxaP0z-89nCyAzEjBi5e

Basic Accounting Online Quiz Part 2

-ANSWER THE QUESTIONS ON THE VIDEO . WIN A LOAD- Online Quiz tayo. 3 persons will get 20 pesos load each if you get 9 correct answers (via ramdomizer) "Basic Accounting Online Quiz Part 2 " Topic: Closing Process Comment your answer just like this "ABCDABCDAB" Mechanics: 1.Like this Page and Follow 2. Like this Post 3. Create your own comment (replies will not be counted) 4. No editing and duplication of answers(comment) Pa share na din ng post na ito katuwaan lang naman . G?

PPE Subsequent Recognition Fair value and Cost Model Concept

Hi Guys, -ANSWER THE QUESTIONS BELOW. WIN A LOAD- Online Quiz tayo. 5 persons will get 20 pesos load each if you get 13-15 correct answers (via ramdomizer) Comment your answer just like this "TTFTFTFTFTFTFTF" Mechanics: 1.Like this Page 2. Like this Post 3. Create your own comment (replies will not be counted) 4. No editing and duplication of answers(comment) Pa share na din ng post na ito katuwaan lang naman . G? Topic : Merchandising Accounting 1. In a perpetual inventory system, a return of defective merchandise by a purchaser is recorded by crediting Purchase Returns. 2. Sales minus cost of sales equals gross profit. 3. Freight terms of FOB Destination mean that the seller pays the freight costs 4. Sales Allowances and Sales Discounts are both designed to encourage customers to pay their accounts promptly. 5. Gross profit is a measure of the overall profitability of a company. 6. Under a perpetual inventory system, the acquisition of inventory is charged to the Purchases account. 7. Selling expenses relate to general operating activities such as personnel management. 8. The gross profit rate is computed by dividing the cost of goods sold to net sales. 9. Sales Returns and Allowances is a contra revenue account to Sales and has a normal debit balance 10. In a periodic inventory system, the cost of goods sold is determined and recorded each time a sale occurs. 11. After gross profit is calculated, operating expenses are deducted to determine net income 12. The primary source of revenue in a merchandising company is service revenue 13. A Purchase Return is a deduction made to the selling price of the merchandise, granted by the seller so that the buyer will keep the merchandise due to minimal defect. 14. Freight-in is an account that is subtracted from the Purchases account to arrive at the cost of goods purchased 15. The terms 2/10, n/30 state that a 2% discount is available if the invoice is paid within the first 10 days after the date of purchase

Division of Profit ( Bonus is based on Net Income after Salaries)

Division of Profit Part 2 ( Bonus is based on Net Income after Salaries) Full lecture https://www.youtube.com/watch?v=vClmamyqN_A&t=357s Playlisit for Partnership Operation Division of Profit https://www.youtube.com/playlist?list=PLdkc71vapIjNwbYnzsQNb9t2sH2xsdyKB

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19/06/2022

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21/11/2021

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01/10/2021

12/09/2021

05/09/2021

05/09/2021

16/08/2021

15/08/2021

07/08/2021

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Same Question Sir.

Components of Product Cost

Basic Accounting Online Quiz Part 2

PPE Subsequent Recognition Fair value and Cost Model Concept

PPE Initial Recognition (Exchange of Asset with Commercial Substance)

PPE Initial Recognition (Borrowing Cost-Specific and General )

PPE Initial Recognition (Borrowing Cost-General)

PPE Initial Recognition (Borrowing Cost-Specific)

PPE Initial Recognition- With Cash Discount

Division of Profit ( Bonus is based on Net Income after Salaries)

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