Basic Accounting | Accounting Cycle Step 6. Statement of Changes in Equity

[@merygraceenclonar372]

Nakakatulong po talaga lahat ng accounting video tutorial niyo po sakin, lalo na nagwo-work ako kaya hindi po ako nakaka-attend ng online class. Thank you po sa mga video tutorials niyo😊

[@FilipinoAccountingTutorial]

You're welcome, Mery Grace. Masaya kami makatulong. Mag aral nang mabuti 💙 Marami pa mga accounting videos dito sa youtube channel, baka sakaling makatulong sa iyo ❤️

[@glaizsm]

Thank you po sir!!! 💛💛💛

[@christianjadeflores6849]

Idol gawa ka pa po ng maraming video about about accounting para di na po mag struggle ang mga students Lalo na this time of Pandemic thanks po♥️♥️♥️♥️

[@FilipinoAccountingTutorial]

Thanks Christian. Hoping na dumami pa ang marereach natin na aspiring CPAs para mas marami at mas mainspire kami gumawa ng mga accounting videos. Mag aral nang mabuti 💛

[@ronabalderama3203]

Sor paano po kung walang given na capital?

[@allenbradley3685]

Gawa naman po kayo ng tutorial sa buong accounting cyccle process. request lang idol.

[@FilipinoAccountingTutorial]

Sure! Eto ongoing pa kami. Nasa step 6 palang as of ngayon.

[@ceciliaquiamco9489]

Thank you po ,,, ask ko lang po sa next period same process pa din po ba? paano po yung sa asset na balances?

[@FilipinoAccountingTutorial]

You're welcome, cecilia 🙂 Yes, same process sa next period. Hope it helps ♥️

[@alanokhayelee5448]

lagi po ba withdrawals lang less or pede den po expenses

[@FilipinoAccountingTutorial]

Are you referring sa changes in equity? If dito, yes withdrawals lang.

[@yrikaandriano5368]

​@@FilipinoAccountingTutorial what if walang withdrawals po?

[@dwaynereyes7497]

Sir saan po pwedeng makakuha ng pdf copy nung cheat sheet nyo?

[@FilipinoAccountingTutorial]

Sorry Dwayne but hindi kami nagbibigay ng kahit anong files. Purely videos lang kami dito. Hope this video will still help you 🙂

[@dwaynereyes7497]

@@FilipinoAccountingTutorial sobrang nakatulong po ng mga video nyo sa akin, thank you!

[@FilipinoAccountingTutorial]

You're welcome, Dwayne. Masaya kami makatulong. Mag aral nang mabuti 🧡

[@janevaldehuesa2229]

hello pano naman po kapag online tutor? ang capital po ba is yung first sahod na nareceive for the year?

[@FilipinoAccountingTutorial]

hello "ang capital po ba is yung first sahod na nareceive for the year?" answer: hindi po. kung sahod po yan, and sahod as online tutor. Ito po ay "income". Ito po ay income, provided na walang employer-employee relationship. "Sahod" po kasi ang term na ginamit, kaya naiisip ko na baka may employer-employee relationship. capital is basically lahat ng investment ng owner ng business sa kanyang business. sana po makatulong ito

[@janevaldehuesa2229]

@@FilipinoAccountingTutorial thank you po sa info. tama po kau, there's no employee-employer relationship between me and my employer. siguro po ilalagay ko nalang is estimate like for example 10,000 for electricity, internet, and rent expense. Ok lang po ba yun sir? and tama po ba na ilagay din sya sa journel and ledger ko as capital dated january 2021 para start of the year po? pasensya na po madami akong question, first time ko po gumawa nito

[@FilipinoAccountingTutorial]

Yes jane, sa example mo. That 10,000 is your capital. Correct ilagay mo sya sa journal and sa ledger You journal and ledger must contain a debit to cash and credit to capital (i.e., Valdehuesa, Capital) dated January 2021. Hope it helps.

[@janevaldehuesa2229]

@@FilipinoAccountingTutorial thank you very much po sa pagguide!

[@arnelbalbs]

Sir what if merong additional investment, asan po siya makikita?

[@FilipinoAccountingTutorial]

Hello Arnel. Kapag may additional investments ganito ang magiging changes in equity: Capital Beg Add: *Additional Investment *Total Additional Investment for the accounting period. Hope it helps.

[@arnelbalbs]

I mean asan po mahahanap yung amount ng additional investment, sa worksheet po ba?

[@FilipinoAccountingTutorial]

To record investment: Debit Asset Credit Capital To record Withdrawals: Debit Withdrawals Credit Asset Ang investment ay ini-include sa capital. So nakainclude na ung investment sa amount ng capital na nasa worksheet. Unlike ng withdrawal na may sariling account. Ang investment ay walang sariling account. Naka-include ito sa capital balance na gagamitin sa worksheet. Hope this will help.

[@arnelbalbs]

@@FilipinoAccountingTutorial thank you po!

[@jinrivas1770]

hi po do u have specific email so ican ask questions need lang po sa project!!!! omggg i will pay po thanksss

[@FilipinoAccountingTutorial]

Hi Jinri! Please like our Facebook page. Nandun ang email.

[@rosemariefabillar8094]

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[@jhadepaulapamplona3924]

paano po ilalagay sa worksheet ang SCE?