Cash and Cash Equivalents (Part 2)

[@kolokoylat6340]

Thank you po dito. Napakahelpful saka detailed. Wala po talaga ako maintindihan sa Prof. Namin 1st time kasi magturo tinatagalog lang nya definition sabay walang expalin then problem na agad. Self study kelangan namin. Thank you po. More videos and more power

[@FilipinoAccountingTutorial]

Hello Kolokoy! We are happy to help!

[@patriciaperey9131]

Sobrang hirap po ngayong online class buti nalang may tutorial po kayong ganito kahit 1 yr ago na it really helps po thank you so much

[@arlooo523]

14:34 mag aadjust lang po ng undelivered check kung end of reporting period na at hindi parin sya na deliver. Pero kung hindi pa naman adjusting period or end of reporting period then no need na i adjust ang undelivered check

[@FilipinoAccountingTutorial]

Yes Cell. Tama ka 😃

[@denerose3781]

Thankyou so much po for this!💖 We really appreciate this po! A really big help for us Accountancy students!💖

[@FilipinoAccountingTutorial]

Hello Dene! You're welcome! We are happy to help.

[@patriciamaebawiin7001]

Hello sir 😊 Thank you so much for this and all your other videos. Kapag hindi ko naiintindihan masyado sa class namin nanonood ako dito and everything's clearer to me right after. Big help po sobra. Please continue making videos po. Maraming salamat. God bless you!!! ❤❤❤

[@FilipinoAccountingTutorial]

Hi Patricia! Masaya kami makatulong! Yes, magpapatuloy lang kami sa pag upload ng accounting videos! 👍 Makinig lagi sa mga lectures ng accounting prof nyo. Stay safe! 👍

[@jap2787]

freshman here, man so helpful please do more videos.

[@FilipinoAccountingTutorial]

Hi Peter! Thank you. Rest assured that we will upload more helpful videos.

[@rissa6480]

thank you so much sir 💕 laking tulong nito for me, will recommend this to my classmates 💕

[@FilipinoAccountingTutorial]

Malaking tulong din yan samin! Welcome 😄

[@elc9632]

di ko talaga ini skip yung ads, thank u dito❤️

[@FilipinoAccountingTutorial]

Hi ms! Malaking tulong sa amin ang hindi pagskip ng ads. Thank u din.

[@hazeltabanganay2458]

Big Help 😃 Lalo na ngayong Online class .Thankyou 😊😍

[@venisse]

Thank you so much sir. More videos about Intermediate Accounting 1 po :) Big help. God bless!

[@FilipinoAccountingTutorial]

Hello Nissely! We are happy to help. More videos pa soon.

[@annyeong4045]

Thank you so much po. Very helpful for those reading in advance.

[@FilipinoAccountingTutorial]

Hi May! You're welcome! Please consider watching our playlist as part ng pag aadvanced study. Thanks!

[@celinebastonero7496]

Thank you very much for making this vid. Laking tulong po sa gaming mga estudyante.

[@FilipinoAccountingTutorial]

Welcome Celine! Masaya kaming makatulong sainyo 😇

[@kayeaidenabaquita1984]

Thank you so much for doing this po! This is a really big help for me po and for the other BSA students also.

[@FilipinoAccountingTutorial]

You're welcome Kaye! We're glad it helped! Mag-aral ng mabuti and stay safe💛

[@patriciaperey9131]

Thank you so much for this video it really helps a lot

[@thingthatyoulike]

Thank you po ng madami. God Bless po 😇 Sana madami pa po kayong video na magawa.

[@FilipinoAccountingTutorial]

Yes Haizele! More soon 💙

[@romariea.gontinas7954]

Aaacckk!! Please don't stop po making accounting tutorialsss!! 'Em learningggg so muuuchhhh💞 thankyouuuuu🥰

[@FilipinoAccountingTutorial]

You're welcome Romarie 💛 mag aral ng mabuti 💛

[@FilipinoAccountingTutorial]

You're welcome Romarie 💛 mag aral ng mabuti 💛

[@kimjoshuaflores938]

Sobrang helpful and naging mas detailed. Sayang di nasama yung cash shortage and overage. Hehe. Please continue to upload more tutorials. Super helpful sa'ming mga students. Hoping na matapos ang Volume 1 book ni Valix. Thank you! :))

[@FilipinoAccountingTutorial]

Hi Kim slamat sa feedback. Makakaasa kang ipagpapatuloy namin ang mga video tutorial for aspiring CPA's like you 😊

[@kimjoshuaflores938]

Thank you po! Abangan po namin yan! :))

[@ChrisAndreaSPPalad]

Thank you so much po!❤❤❤ Sobrang laking tulong po. God bless po!

[@FilipinoAccountingTutorial]

Thank Chris! Masaya kami makatulong. Stay safe 💛

[@ricamaesilverio3865]

Thank You So Much po! Ito po topic namin ngayong online class and this tutorial is a big help for me po.

[@FilipinoAccountingTutorial]

Welcome Rica! Masaya kaming makatulong 🙂

[@dwighthighpoints6143]

Salamat po Tuloy2 lang po video niyo

[@racheltamundong3015]

Thankss for this highly appreciated 💖 :) Godbless looking forward for more videos!

[@elaigela3178]

Thankyou so much po ♡ sobrang helpful & understandable 😊👍 God Bless po~

[@FilipinoAccountingTutorial]

Welcome 😊

[@ailahermosilla3203]

Hello, Sir! Your videos helped me a lot! Thank you so much! ❤️

[@FilipinoAccountingTutorial]

You're welcome Aila. We're happy it helped ❤️

[@benettemarie4722]

nanood po ako dito kasi d ko talaga maintindihan yung nasa module namin and hindi ako nagkamali. Mas effective yung learning if yung tutorial nyo po ang pinapanood ko. Though may questions pa ako and confusions about sa lesson, I am still satisfied na may na learn ako thru your help. Maraming salamat po. Loyal subscriber here 🤗❤️

[@FilipinoAccountingTutorial]

Thank you, Benette. We're happy you learned something from our video. You may consider watching our problem-solving about cash and cash equivalent for more information. Mag aral nang mabuti and dont hesitate to ask your teacher about the topic ❤️

[@abma-palomareskatherine6748]

Hi po sir!sobrang helpful po NG mga vids nyo🥰super thank u po ,please continue uploading po❤️❤️ More power po❤️❤️✊

[@FilipinoAccountingTutorial]

Hello Katherine. You're welcome. We are happy it is helpful. Mag aral nang mabuti 💛

[@abycerico9195]

Thank you very much po! 🧡

[@n4isla]

Sir, thank you very much po dito grabe wala na akong maintindihan sa ol class super hirap na po but thank you kasi mas napadali mo po

[@FilipinoAccountingTutorial]

You're welcome, Donna 🙂 Hope thjs video will help you understand concepts of cash and cash equivalents ❤️ Mag aral nang mabuti 🙂

[@cleomeguel8827]

Thank you for this video it helps me a lot lalo na ngayon summerclass ko itoonline class pa😅

[@ericsonpabua9638]

Thank you po, Mister :") Your videos have always been a great help to us, learners ♥ More power po sa inyo, bless you 🌟

[@FilipinoAccountingTutorial]

Thanks too Ericson! Glad it helped!

[@justsomeone5289]

Thank you so muuuuch. Naintindihan ko sya ng mas maayos kesa sa prof namin hahaha

[@FilipinoAccountingTutorial]

welcome!

[@angelikacatayong7894]

Thank youuu po ❤️❤️❤️ please continue

[@FilipinoAccountingTutorial]

keep in touch lang po.. we will upload more video.. thank you din :)

[@cmllsldd]

I thought my monitor had an ant, sa video pala. Anyway, keep creating tutorials! Thank you.

[@FilipinoAccountingTutorial]

You're welcome Camille. Sorry if may ant. Mag aral ng mabuti 💛

[@erzascarlet1860]

Galing naman😭

[@maryjoytejerero4485]

Thank you po! 🤗💛

[@FilipinoAccountingTutorial]

Hello Em. You're welcome.

[@sirjhemvlog2416]

thank u so much sir

[@scraperlancelot4763]

Bat d ko to nakita😭pero grabe..nice vid.keep it up

[@FilipinoAccountingTutorial]

Hi Scraper! Thanks!

[@maxxi2870]

Thank you sir❤❤

[@FilipinoAccountingTutorial]

You're welcome Mae!

[@melaniegalapon1693]

Thank you po😊

[@FilipinoAccountingTutorial]

Walang anuman, Melanie!

[@TopstarForlife]

thank you so much po

[@FilipinoAccountingTutorial]

You're welcome Estephane 💛

[@acang7530]

Thank you po.

[@FilipinoAccountingTutorial]

You're welcome Ac!

[@col6274]

Thank youuu

[@FilipinoAccountingTutorial]

Hi col! Walang anuman!

[@optimisticpessimist5354]

Hello po! Tanong ko lang po kung bakit hindi dineduct ang time deposit sa pag-solve ng requirement 2? Kasi po based sa problem, nakasama yung time deposit sa cash account, tapos considered of siya as cash equivalent. So kapag po sa req 2, dapat po bang i-bawas? Thank you po!

[@seanpatricklandicho4078]

Salamat idol ehehehe

[@FilipinoAccountingTutorial]

Salamat Sean!

[@jonugh.]

Hello po sir. Very thankful po ako sa mga tutorials niyo. Pahingi po advice ano pong ibang book ang maganda for Intermediate accounting aside yung kay Valix po. Thanks po. Yung madali po sana intindihin.

[@FilipinoAccountingTutorial]

Welcome! yung reference book na ginamit ay nasa details below the video. Never pa kami gumamit ng ibang textbook aside Valix, so for us Valix is the best book.

[@hainnahrydimapilis5043]

Ask lang po... Dito po sa book ni Valix Intermediate Acctg.. stated generally overdrafts are not permitted in the philippines... Bakit po?

[@maranaolyricsph1091]

❤️❤️

[@FilipinoAccountingTutorial]

Thanks Summer!

[@joykim8097]

paano po malalaman ang stale check kung material po ito or immaterial?

[@kmmn09]

Pano po if may 3-month money market placements si company sa bank and a portion of it is "collateral" for the Company's short term obligation on the same bank and only the excess is withdrawable anytime. How should we classify the mmp?

[@eliceleorbasido4430]

Hi po. How about po if a bank notified your company na a stale check was presented by a payee for encashment? Does it still hold a value po or maeencash pa po ba siya?Considering the fact that it was labeled already as stale check? Thanks po in advance! 😊

[@FilipinoAccountingTutorial]

Hello Elicele. About sa question na: Does it still hold a value po or maeencash pa po ba sya? No, wala na sya value because stale check na. Hindi na sya maeencash at hindi na din sya pwede ideposit ng payee sa payee's bank account. Hope it helps.

[@eliceleorbasido4430]

@@FilipinoAccountingTutorial Noted! Thank you po. 😊

[@mikaellabalagtas7720]

THANK YOUUUU!!

[@FilipinoAccountingTutorial]

You're welcome mik!

[@judyannpulong9733]

Bat ngayon ko lang to nakita? Haha Thank you so much sir! Very helpful po :) Ask ko lang about sa Bank Overdraft, what if sa isang bank meron po siyang 2 accounts kaso yung isa savings, yung isa currrent. Yung savings po naka debit balance then yung current account po ang naka overdraft, pwede pa rin po ba magoffset? Thank you very much 💕

[@FilipinoAccountingTutorial]

Hi Judy Ann. Thanks! Happy studying! About sa bank overdraft, for reporting purposes pwede sya ioffset against other bank account with positive balance if maintained sila sa same bank. So sa question mo, pwede sya ioffset for reporting purpose. Thanks!

[@judyannpulong9733]

@@FilipinoAccountingTutorial I seee. Noted 💕 Thank you very much po! God bless po on your next videos 😇🙏

[@nikkaobenario436]

Slaamaat pooo

[@FilipinoAccountingTutorial]

You're welcome Nikka!

[@rensantos7737]

NGAYON KO LANG DIN TOH NAKITA, THANK U SIR, MAY ASK LANG PO KO. WHAT IF THE AMOUNT OF STALE CHECK IS MATERIAL PERO UNG LIABILITY PO IS NOT EXPECTED TO CONTINUE? ANO PO ENTRY? OR PWEDE PO BA MANGYARI YUN?

[@funnycatvideos2390]

Cash set aside for current liability is included in computing total cash?

[@darawemenisaverygdddtoch2807]

Dsssssswq ok cmdkmdndxnnn vs mm?? Mxm mm cmq mmm. Ccfmkdkmjfndnnfnnfnnnfncnnfndmfkkfmfmkvkdkskmv . Km kqcmckmxm kcj

[@jomarpatria7728]

Thank you po! Ask ko lang po what do “material” and “immaterial” mean sa stale checks? Hoping for your response.

[@phoebejimenez6359]

Same i wanna know too

[@FilipinoAccountingTutorial]

Hello Jomar. Wala kasing specific na amounts para masabi kung material or immaterial ang amounts. Ang materiality ay matter of professional judgment. Please consider watching ung problem solving namin ng topic na ito 💛

[@kathleenjoymantilla929]

Estimation of doubtful accounts, notes receivable and loan receivable po pleaaase! 🙏 may qualifying exam po ksi kami next week 😔🙏

[@FilipinoAccountingTutorial]

Hello Kthln! Ano coverage ng qualifying exam nyo? Topics under Receivables to be uploaded dito soon.

[@kathleenjoymantilla929]

@@FilipinoAccountingTutorial cover to cover po ng conceptual framework and acctg standars at Intermediate acctg 1 ni Valix po eh. I learned a lot po dito sa channel nyo po mas na enlighten po ako.

[@kathleenjoymantilla929]

Thank you po! Sobrang helpful po ng vids nyo po. been binge watching amidst of the hectic time.

[@chelsieanne13]

Hi po. Ask ko lang po kung still okay lang bang gamitin ang 2011 edition ngayon ni Valex. Kasi po, nagbago na daw ngayon ang standards? 2016 pababa daw hindi na updated yung standards? Please pa clarify? Thanks. God bless...

[@FilipinoAccountingTutorial]

Hello Shell! Mas mabuti kung gagamit ka ng updated na book dahil may mga changes na din sa standards. If meron ka man book na 2011, pwede mo naman gamitin for advanced reading then saka ka bili ng updated. Pinipili lang namin yung topics sa pag gawa ng videos na hindi nagbago hangang ngayon. Thanks!

[@praisetwilah2149]

Accounts Receivables pleaseeee

[@FilipinoAccountingTutorial]

Sure Praise! To be uploaded soon!

[@beyourowncatalyst]

paano po ba malalaman na material or immaterial sya???

[@kristineramos634]

ano po ibig savihin kapag pwedeng mag overdraft kahit magkaibang account 'if the amount is not material' -source valix

[@arlooo523]

Material means malaking amount Not material or immaterial means maliit na account

[@erickajamiedehonor700]

@@arlooo523 thank you po, ganto rin po sana itatanong ko eh hehe

[@charlietorne1283]

Mahal na ata kita huhuhu

[@FilipinoAccountingTutorial]

Keep safe!

[@crisostomoalmeida670]

Hi po may tanong po ako. Halimbawa may dalawang account po ang isang entity sa isang bangko. Diba po ang gagawin kung yung isang account po ay bank overdraft ay i-ooffset sya sa isang account na may debit balance. Ano po ang gagawin kung yung isang account ay overdraft na at kung iooffset sya sa isang account, yung account na yun(na may debit balance) ay magreresult pa din sa pagkaoverdraft? Halimbawa PNB Cash 1 500 PNB Cash 2 (1000)

[@FilipinoAccountingTutorial]

Kapag ganyan na overdraft pa din kahit na offset na, reported yan as current liability.

[@crisostomoalmeida670]

@@FilipinoAccountingTutorial thank you po😃😃

[@jaimetabanao3866]

How to know if it is material or immaterial?

[@funnycatvideos2390]

If stated po sa problem

[@atheenaena3508]

hello po, tanong ko lang po, bakit po nag ba-bank overdraft?

[@atheenaena3508]

I mean pano po siya nag wo-work?

[@FilipinoAccountingTutorial]

Kapag sobra ang payments over deposits. Pero hindi naman permitted ang overdraft sa pilipinas.

[@jammalaco4887]

Thank you so much for this po sir. May I ask lang po if it's possible po to ask for a soft copy of the materials you used po? Thank you sir.

[@FilipinoAccountingTutorial]

You're welcome, jam 🙂 sorry but hindi kami nagbibigay ng soft copies ng mga materials. Hope this video will still help u 🙂

[@jammalaco4887]

@@FilipinoAccountingTutorial Oh okay po. Thank youuu pa rin po, it indeed help me po

[@FilipinoAccountingTutorial]

Glad it helps, jam. Mag aral nang mabuti :)

[@myraali4754]

Bakitt po ba, bawal I withdraw kapag restricted in use? Ano po nagiging cause nya?

[@katiiegurl]

restricted po ibig sabihin po non ay bawal, bale kapag restricted po siya, di po sya pwedeng iwithdraw kasi kapag winithdraw po sya pwede po syang maging breach on contract po or di pagsunod sa pinag-usapan.

[@myraali4754]

@@katiiegurl thank youuu poooo

[@meerellecruz4314]

Hello po. Ask ko lang sino pong author ng book na gamit nyo po dito?😅

[@lilyriego160]

Valix

[@janicahjoysalvador7703]

Thank you so much po! 💗

[@chintabia4232]

💗💗💗💗