Problem Solving - Cash and Cash Equivalents (Part 2)

[@DirectionerEnhypen]

Sir for the stale checks po ba... wala bang standard na susundin kapag silent yung problem about material and immaterial???

[@FilipinoAccountingTutorial]

Hello Fans&IdolsRelationship. Ang materiality kasi ay matter of professional judgment. Sa study ng financial accounting usually nakastate naman sa problem if material or hindi ang item. Hope it helps.

[@DirectionerEnhypen]

@@FilipinoAccountingTutorial yes it helps po. Thank you! You play a big role po talaga sa pag rereview ko!🙏

[@christopheropena0123]

pasingit lang po, sir what if hindi po nakastate sa problem HEHE ano pong assumption?

[@zyrahallyshajeanbaldago4321]

What if po pag hindi stated sa prob kung material ba or immaterial? Ano po yung assumption??

[@nikkivilla6609]

Ang Galing nyo po mag-explain 😊 ang dami ko po sa inyong natututunan.Tas tinatry ko po muna sagutan yung problem bef. Ko iplay vids. Nyo. Thankss po! God bless!

[@FilipinoAccountingTutorial]

Wow! Tama yan, practice ng practice para mamaster ang subject. Godbless you!

[@Defars150]

Thank you so much sir! Super naka help sya sa amin, sana po more example problem pa po, kada topic.

[@FilipinoAccountingTutorial]

You're welcome, Queenie 🙂 Ill keep that in mind. More sample problems ♥️

[@trishaannecabanete]

Super helpful po talaga iyong videos nyo since this time of pandemic na online classes, mahirap yung learning due to connectivity issues. Maraming salamat po ❤️

[@FilipinoAccountingTutorial]

Walang anuman Trisha. Mag aral nang mabuti. We're glad the videos our helpful ngayong may pandemic. Stay safe future CPA 💛

[@christopheropena0123]

finished the part two. Thank you po sir once again, mas nafamiliarized po ko sa AJE NG IBANG ITEMS PONG NOT INCLUDED DAPAT SA CCE HEHE GOD BLESS PO 😊✊

[@FilipinoAccountingTutorial]

You're welcome Christopher. Practice lang ng practice para mas mafamiliarize. Mag aral nang mabuti ❤️

[@marviemontefalcon2821]

Hello po! Sobrang helpful po ng mga vids niyo. Parequest naman po ng tutorial sa mga lessons under Intermediate Accounting Vol 2 po. Thank youu and God bless! 🥰

[@FilipinoAccountingTutorial]

You're welcome Marvie! We're glad na helpful. Tapusin muna namin important topics ng Vol 1 tapos proceed na kami Vol 2. Stay safe! 💚

[@paulmateo667]

paano po kapag saving deposit in closed bank?

[@Lex-w1I]

Thank you for this po, super helpful ❤️

[@FilipinoAccountingTutorial]

You're welcome, Angelee. We're happy it is helpful. Mag aral nang mabuti 🙂

[@bembingjoan8055]

San ang part 3 sir?

[@ma.fentindiaz6994]

anu po yung journal entry nga saving deposit in close bank?

[@itsmekylene]

what if po ang given sa book is wlang total na cash galing sa financial statement. will i adjust the not CCE kasi sa book ni valix ang inaadjust alng is yung given na statements and disregard yung mga hindi CCE

[@FilipinoAccountingTutorial]

Analyze the problem and reread the requirement, itsky. Possible rin kasi na may requirement na adjusting entries kahit walang total cash from F/S. Hope it helps 🫶

[@shiondeciles7418]

Teacher meron po bang Intermediate accountaning 2 sa first year , gagamit po ba ng Columnar pad jan ?

[@FilipinoAccountingTutorial]

Normally, intermediate accounting 1 ang nasa 1st year. Ang intermediate accounting 2, madalas pang 2nd year yan although maaari rin naman sya itake ng 1st year depende sa school. Pag 1st year, most likely gagamit kayo columnar pad. Hope it helps, shion 🙂

[@norryscol9040]

Nd po ba included na ang 200k sa 3.6m¿ bat nd nlang po ignore ang 200k¿

[@monethabdul218]

Sir, yung saving deposit in closed bank and sinking fun for bond payable po? Included po ba sa CCE?

[@christopheropena0123]

hindi po yata since it was used for non current purpose if I'm not mistaken hehe

[@christopheropena0123]

or isa pa, kasi restricted kapag sa closed bank yata

[@agapejosceline7683]

Sir kindly help about adjustment bank and unadjastment bank.

[@rachelannabrugar1286]

Ask ko lang po, kasama po ba sa CCE ang saving deposit in closed bank? Thanks a lot.

[@hannahsshiii]

may nabasa po ako sa comments sa part 1 about dito, sabi po hindi po kasama sa CCE yung saving deposit in closed bank kasi closed bank po meaning restricted po siya

[@christopheropena0123]

oo, not included hehe

[@eyaaa0520]

Good day, Sir! Ano po ang treatment sa postdated employee check na nakasama po sa petty cash fund? Ano po kaya ang account na gagamitin for that po? Thanks, Sir! God bless po!

[@FilipinoAccountingTutorial]

Hello Rhea. Tignan mo muna para saan yung employee check na nasama sa petty cash fund. Baka kasi pang sweldo, or pang advances to employee. Hope it helps. God bless ❤️

[@eyaaa0520]

Salamat, Sir!

[@FilipinoAccountingTutorial]

Walang anuman, Rhea. Mag aral nang mabuti 🙂

[@thanku2307]

hello po sir! ask ko lang po, immaterial po ba yung sagot sa last entry? thank u po sir 💖

[@FilipinoAccountingTutorial]

Hello thank u. Yung part na yun ay hindi kami nagstate ng final answers since walang sinabi about materiality. Kaya nagbigay nalang kami ng answer kapag immaterial, and answer kapag material.

[@kielmaglaqui9931]

follow up po anu po basehan para malaman if material or immaterial po sla? hehe

[@erinpaine7359]

Good evening po..kasama po ba sa CCE kapag ang sinking fund is nagdue..like cash in sinking fund due on june 2021?.december 2020 po yung recording

[@FilipinoAccountingTutorial]

Hello Erin. Sinkfund in dec 2020 and due June 2021 ay hindi yan CCE.

[@konnichiyawa1360]

Yung cash in bank po na merong customer check outstanding for 18 months may adjusting entry po bang ginagawa?

[@christopheropena0123]

pinakita po sa video :)

[@purpleirishgailfrancisco4231]

@@christopheropena0123 saan po sir pinakita?

[@christopheropena0123]

@@purpleirishgailfrancisco4231 ANDUN PO BASTA PO MAY EXAMPLE PO DUON HEHEHE

[@purpleirishgailfrancisco4231]

@@christopheropena0123 yes, nakita ko na HAHAHA thanks

[@mamonliza5023]

Sis, yung cash in bank na customer check outstanding for 18 months, ededuct po ba sya sa cash in bank?

[@payodabegailn.3604]

Yes po.

[@konnichiyawa1360]

@@payodabegailn.3604 question po, may adjusting entry po bang ginagawa dito?

[@noelleyanga3815]

Hi po, Sir! Question lang po, pa'no po pag sa closed account po ang savings deposit? Isasali parin poba sa computation ng CCE or not CCE napo sya? Kung not CCE po, pa'no po yung AJE n'ya? Salamat pooooo!

[@nerimaemaano4635]

Same question po😅

[@purpleirishgailfrancisco4231]

Same question tooo. Hope someone help us.

[@mika-jv6oj]

pano po kapag "cash in sinking fund, 1.5 M" kasama po ba sya sa CCE?

[@christopheropena0123]

nope since normally, sinking fund is set for non current purpose

[@idunno7916]

Ano po ulit meanin gng material and immaterial?

[@christopheropena0123]

material- mahalaga o malaking kawalan immaterial- 'di kalaking kawalan, maliit yata kumbaga

[@accshsmilgroup1408]

Sir ano po ba Ang reality pag kumuha ka Ng BSA (Bachelor of Science in Accountancy) ? Tinuturo po ba Yung all about managing business or all about transactions, analysation Lang..?Tanong ko po Kung may kunting Business Administration na itinuturo ba Ang Accounting?

[@FilipinoAccountingTutorial]

Hi! Oo, may part din sa BSA curriculum na about business administration, somehow interrelated nman sila. Ang accounting lang is focus more on sa mga transactions rather than adminstration.

[@accshsmilgroup1408]

@@FilipinoAccountingTutorial Ahh okay salamat po sa Info😊

[@joseenriquemunar8901]

pag company check outsanding, bakit pag immaterial sa miscellaneous income nilalagay? nalilito ako can anyone answer me? thanks!

[@joseenriquemunar8901]

never mind na realize ko na sagot. Dahil yung pera sa company na naiwan or dahil hindi na encash ng client, nirerecognized as miscelleneous income yung pera.

[@joseenriquemunar8901]

Thanks self!

[@pablitoespanola747]

What if po the petty cash fund included unreplenished petty cash vouchers for 5000, and employees check for 2000 dated on January 2021, may adjusting entries po ba on December 31, 2020?

[@ceddrick5693]

Paano po pag set aside. No entry po ba non?

[@christopheropena0123]

if cash is set aside for current purpose, then it is part of cash and cash equivalents. Example of it is cash fund

[@christopheropena0123]

may entry rin po yata

[@howardmendoza618]

Mahirap ba college? High school plng ako

[@FilipinoAccountingTutorial]

Kaya mo yan!

[@hehehehehehehhehekmmm]

who is here before midterms next week? HAHAHAHAHA

[@FilipinoAccountingTutorial]

Goodluck sa midterm 💛

[@kielmaglaqui9931]

im here po midterms for tom. hahaha for i already finish dun sa unang part and ung dlwa before tong mga to hehe

[@FilipinoAccountingTutorial]

Goodluck sa midterm kiel. Thanks for watching our videos. Sana makatulong ang mga vidoes na yun sa iyong accounting studies. Mag aral ng mabuti 💛

[@roilancemanuel3219]

SAME HAHAHAHAHAHAHAHAAHA tomorrow intacc prelim exams namin Thank you for the vid!! Very helpful po. :))

[@FilipinoAccountingTutorial]

You're welcome Roi. Goodluck sa prelim. We're happy na makatulong. Mag aral ng mabuti 💛

[@jonass.molino2723]

kk