JOURNALIZING TRANSACTIONS FOR MERCHANDISING TRANSACTION - PERIODIC INVENTORY SYSTEM (TAGLISH)

[@shainarizhatamayo6894]

Nice sir! Dito sa channel na to lang ako natututo na wala kahit isang maiiwan na tanong sa isip ko. Maliwanag lahat sir thank you. More accounting vids po

[@marycuizon4739]

good morning sir, takbuhan ko talaga tong youtube channel mo hahah.. mas madali ko magets yung lesson namin sa accounting 😅 thank you po!

[@rodginmacalingcag3818]

Thank you so much po!!! Since exam weeks na, hindi ko pa rin maintindihan yung tc ko. So thanks for this po❤

[@jesellecambalon3902]

Gets na gets. Thank you po! God bless!

[@abmonlineph6099]

Thank you din po! Padayon!

[@Jamesallenbareja]

madaling maintindihan sir i love it💅

[@nillosaraizar.5904]

Napaka clear po pag explain thank you 🥺🥰

[@abmonlineph6099]

Thank you Raiza!

[@rrreymund___]

Done watching, Sir! Thank you po!

[@DreamFirms]

Another great content from your channel!

[@abmonlineph6099]

Thank you so much po Sir! 😊♥️

[@locabajohnwayne109]

Final exam nanamin bukas kaya review ako malala Buti na lang magaling ka mag turo❤️

[@abmonlineph6099]

Wish you all the best sa exams! Kaya mo yan!

[@mildredchufillap.banzon8039]

Done watching. Thank you po.

[@jameslyledeleon7410]

Grabe po ang galing ng pagkaka explain

[@abmonlineph6099]

Awwwww salamat po 😊😊😊

[@jameslyledeleon7410]

Subscribe kona to hihi

[@abmonlineph6099]

Thank you James!

[@jameslyledeleon7410]

Deserve nyo namn po i sub

[@angelalano8292]

Big help sir thank you so much

[@abmonlineph6099]

Salamat po!

[@xienna8146]

Thank you sir, dahil sa inyo natuto ako gumawa ng merchandising&periodic inv system . Ask ko lang po, Cash Sales 5,000 ay Cash- Debit, Sales-Credit

[@abmonlineph6099]

Yes po tama po

[@reignkholeen9351]

done watching po. thank you sir!

[@burlasmaryleel.7333]

Halaa, ang napaka linaw nyo po mag turoo😭😭

[@abmonlineph6099]

Thank you po

[@tammydimaculangan1063]

Thankyou po Sir!!💖💖💖💖

[@abmonlineph6099]

♥️♥️♥️

[@Sidetripscenery]

Bravo Sir!!

[@abmonlineph6099]

Thank you po!

[@jhonnelserue4794]

Thank you po Sir ❤️

[@joycerosario5644]

Love lots sirrrr☀️☀️☀️

[@criselannsoriano1607]

Thank you po sir

[@abmonlineph6099]

Welcome crisel💙

[@jennyrosesanchez4556]

Thank you sir, 😊💛

[@germelinasheilayap3159]

Thank you po

[@abmonlineph6099]

Thank you din po!

[@roxannereii]

done! thank you po sir rain :>> Roxanne Barrun 12-ABM A

[@nillosaraizar.5904]

Next video po Yong tutorial din sa perpetual

[@abmonlineph6099]

Okay po!

[@joveltapleras7092]

Jovel Tapleras, 12 ABM A Done watching, thank you po sir!

[@alyannapaglinawan3876]

thank you po this is so helpful. how bout tabular po? hehe

[@abmonlineph6099]

Hi po! Ano pong tabular?

[@joannparde9775]

Sir ano po journal entry Jose invested the ff aasets in business P 200,000 cash; P25,000 worth of desks and chairs and store equipment valued at P10,000, furhermore, his accounts payable to Mr. Jackson amounting to P6,000 is to be assumed by his business.

[@abmonlineph6099]

Debit nyo po lahat ng assets na ininvest tapos credit nyo po ung accounts payable. Yung net amount po ng lahat ng invested assets i-minus po yung AP para malaman ang capital

[@arianerivera5531]

Thank you sir!

[@kirchimaesauza2568]

Kirchimae Sauza from 12 ABM A. Thank you sir

[@crispinarosebonggo4699]

salamat sir

[@abmonlineph6099]

💜💜💜💜💜

[@PhilExBacoorCavite]

Sir RDS, good afternoon. Salamat po sa mag videos mo. Tanong lng po, ano po normal balance ng purchase discount?

[@abmonlineph6099]

Credit.

[@esperandabuhangin331]

Paano po pag ganto yung transaction??Sold merchandise to THORE for P48,600 on account. Terms: FOB Destination, 2/10, n/30. The cost of merchandise sold was P28,880.

[@abmonlineph6099]

Debit Accounts Receivable Credit Sales 48,600 Debit Cost of Goods Sold Credit Merchandise Inventory Amount 28,880

[@apreal6383]

@@abmonlineph6099 helloo sir! pwede po bang irecord ang COGS under periodic??

[@Lexieloverdozer]

Hi sir, currently attending tesda online bookkeeping, may i ask for entry if my sample is, what if i signed a loan, what will be the journal entry?

[@abmonlineph6099]

Debit Loans or Notes Payable Credit Cash

[@abmonlineph6099]

Good luck po sa assessment!

[@joraylinemacairan6050]

Hi po miss everlyn can I send a private message sa iyo? May mga tanong po kasi sana ako tungkol sa tesda bookeeping 😊

[@Thrive2024]

Good day sir! Therefore sir hindi po kasama sa Journal Entry yung naganap nung January 31 which is yung Merchandise inventory dahil doon po siya may entry or pasok sa Closing Entry napo?

[@abmonlineph6099]

Yes sa closing or adjusting entries na sya iseset up

[@Thrive2024]

@@abmonlineph6099 OKs po sir nag sagot po kase ako advance Same namn po yung answer ko sainyo yung sa pinakadulo lang kala ko kasama hehehe Thank you po sir😊

[@abmonlineph6099]

@@Thrive2024 very good!

[@abbydogello210]

done watching, thankyou po, sir!

[@rozenbangibang5344]

Hai poh sir...paano poh Yan? The proprietor Riccel, Invested the following Cash (OR #001) 90,000, Tables and chairs 5,000, Merchandise 3,000 and Accounts payable to Ideal Trading on the merchandise is assumed by business 1,000

[@shinmara2688]

Pag cash,office supplies & capital po nasa periodic ganyan din po ba ilalagay sa perpetual? Pag tatlo po nasa description sa periodic same lang din po ba yon sa perpetual?

[@abmonlineph6099]

Basta ang napapalitan lang kapag periodic to perpetual ay purchases, purchase returns and allowances, purchases discounts at freight in

[@cherry3139]

Hello! Kung issued a note settlement in account, acc receive or acc pay po ang gagamitin?

[@abmonlineph6099]

Kung ikaw po nag issue dapat notes payable

[@cherry3139]

@@abmonlineph6099 Hindi po ako ang nag issue e. ano po gagamitin, notes pay tska accounts payable po?

[@abmonlineph6099]

Dapat po notes payable kasi un ang ipinambayad mo para sa existing accounts payable mo

[@cherry3139]

@@abmonlineph6099 thank you po sir! It's a huge help po!💗

[@reneechristinepayumo8928]

Kapag nagbibilang na ng discount, kunwari bumili ng 9. Anong araw magsisimula ang bilang sa 9 or sa susunod na araw na 10 ang simula ng bilang ng discount?

[@abmonlineph6099]

Sa susunod na araw na

[@marienelielabagala9532]

done watching po, sir thank u po!!

[@mishangelabantolino9852]

Paano naman po sa mga statements pati sa adjusting entries?

[@abmonlineph6099]

Pasundan po ang playlist for merchandising

[@nacionaly4917]

Hi! Pano naman po Kung FOB destination and Freight collect plus nag return po ng defect products?

[@sheenamerylemphasis6730]

Hi sir, Pano po kung.. Suson started his new business by depositing 500,000 in a bank account in the name of FJS Graphic Design at DBP Tubod Branch. Ano pong Journal Entry nito?

[@abmonlineph6099]

Debit Cash Credit Capital

[@dearmore3862]

Paano naman po pag may petty cash na po??

[@akemimara3950]

Ano po ang magiging perpetual pag pinagsama sama ang rent, utilities and salaries same lang din po ba sa periodic?

[@abmonlineph6099]

Yes same lang din

[@lenypotot]

sir ano po entry kung nag loan ako sa coop last year pero nakakuha lang ako ng COR sa BIR last April 2022. thanks po

[@jaszawa-ao5715]

Hi po, anu po effect ng FOB Destination at FOB Shipping point? Anu po entry sample pag ganito 1. Purchased merchandise on account, 2,000. Paid Freight 300 terms FOB Shipping Point. 2. Sold Merchandise on account, 3,000. FOB Destination 200

[@karyllefayegonzales2783]

Karylle Faye Gonzales from 12 ABM A done po!

[@akemimara3950]

Pag po equipment & accounts payable yung nasa periodic magiging merchandise inventory & accounts payable na po ba siya sa perpetual?

[@abmonlineph6099]

Same lang din po

[@abmonlineph6099]

Ang nagiging merchandise inventory lang ay purchases, pra, pd at freight in

[@dalemedina9093]

Hi, Nalilito po kasi ako dito. Ano po journal entry niya? Bought goods with a list price of P5,000 terms COD with trade discount of 8%.

[@abmonlineph6099]

Debit Purchases 4,600 Credit AP 4,600

[@abmonlineph6099]

Pag trade discount ibabawas mo na un sa amount na irerecord mo

[@mitchirishdizon2963]

Dizon, Mitch Irish 12 ABM- A done watching po ^^

[@theoldsoul3328]

hello po, paano po kaya kapag ang problem is Paid 64,000 of accounts due less discounts of 3%. Thank you po.

[@shinmara2688]

Hi po, ano po ang magiging perpetual entry pag po merchandise inventory at accounts payable ang nasa periodic same lang din po ba siya sa periodic?

[@abmonlineph6099]

Purchases pag sa periodic

[@trinaalcantara20]

Helloo po! tanong ko lang po sana, paano po pag The Owner initially invested cash, office equipment furniture and merchandise inventory? Thank youu po!!!!

[@abmonlineph6099]

Irecord nyo po ng debit lahat bg inivest tapos credit capital. Yung amount ng capital ay yjg total ng lahat ng nirecord sa debit

[@trinaalcantara20]

Thank u po ,your vlogs are really a great help to me po, God bless po Sir!!

[@trinaalcantara20]

uh question pa po pala ulet hehehe pano po pag hired 2 more attendants w/ monthly salary of (insert amount) and will officially start on dec 5 irerecord po ba or no po? If irerecord po Sir, paano po magiging journal entry po?

[@cecilmatugas5403]

Hello po. Question po. Ang problem po ay nag purchase ako ng worth 10,000 on account at freight prepaid po ako ng 500. Ano po entry nya? Magkahiwalay po ba ang entry?

[@abmonlineph6099]

Pwede naman po magkahiwalay

[@cecilmatugas5403]

@@abmonlineph6099 bale po ang entry DR - Purchases CR - Accounts Payable DR - Freight in CR - Accounts Payable Tama po ba?

[@cecilmatugas5403]

@@abmonlineph6099 si seller po pala ang nagbayad muna ng shipping charges

[@mairenefaithg.exclamador5221]

Good evening po, Sir! I have a question po. What is the meaning and purpose of FOB? I keep on wondering about that po. I even search of it pero 'di ko talaga gets. Hope you see my comment po. THANK YOUUU!!

[@lovemartinez8458]

Sir tanong ko Lang Po pano po pag. 1. Juan Dela Cruz invested the following assets in his business ₱400,000 cash: 50,000 worth of desk chair and store equipment valued at 20,000. Ano pong magiging account tittle nung ₱20,000?

[@abmonlineph6099]

Depende po kung sa ano available sa chart of accounts pero kapag wala po ang entry ay Cash. 400k Office Furniture. 50k Store Equipment. 20k Dela Cruz, Capital. 470k

[@lovemartinez8458]

Maraming salamat po

[@sheannantoque7305]

Can I ask po? What if po kug na sold na ang merchandise for cash and nag give po ng 2% trade discount?

[@sheannantoque7305]

For ex: Sold merchandise for cash, P8,000 and gave a 2% trade discount.

[@abmonlineph6099]

Debit Cash 7,840 Credit Sales 7,840 Nakadeduct na yung 2% discount kapag nirecord mo

[@sheannantoque7305]

@@abmonlineph6099 thank you pooo

[@luffy-0323]

Pag terms COD po ba is Cash siya or account payable?

[@abmonlineph6099]

Accounts Payable po

[@regelyndirain8005]

HI SIRB, ASK LANG PO, ETO PO UNG TRANSACTION, PAID SALARIES WORKERS AND OFFICE PERSONNEL, TOTAL SALARIES 36,000 INCOME TAX WITHHELD 4000 SSS PREMIUMS 900 PAG IBIG PREMIUMS 100 PHILHEALTH PREMIUMS 500 PAANO PO ETO ILAGAY SA GENERAL LEDGER?

[@nagunpatriciafaitha.285]

hi sir! tanong ko lang po kung ano po ba dapat yung mga transactions na kailangang irecord sa general journal?😁

[@abmonlineph6099]

Hi Pat! Kung ang ginagamit mo lang ay general journal (tulad sa bookkeeping assessment) lahat po ay ilalagay sa general journal. Pero if gumagamit ka ng special journal, tulad ng cash receipts, cash disbursement, purchases at sales journal doon nyo po sya ilalagay, yung hindi ma-classify sa apat sa general journal ilalagay. 😊💛

[@lorenzataddique6231]

Hi sir❤ Ask lng po yung sa jan.10 200,000 -7,500 -1,000 191,500 Po ung nagin total ko And iba n po ung answer na nakuha ko. Sana po pa explain thank you❤

[@REYNALDOPAGARAN]

paano if may interest?

[@katekath07]

Kate Cyrel Jaca from 12 ABM-B

[@patriciamary6698]

ang almusal ko po ay ang video niyo sir, thank you po! 🫶🏻 Joana Patricia Mary, 12 ABM - A

[@abmonlineph6099]

Sherep nemen ng elmesel me. Enjoy hahahaha

[@reneechristinepayumo8928]

Sa perpetual ba ? May journal entry ba yung jan 31? O parehas din sa periodic sa closing pa?

[@abmonlineph6099]

Sinasabay na po sa closing

[@reneechristinepayumo8928]

@@abmonlineph6099 no entry din siya sa perpetual?

[@abmonlineph6099]

Yes po. Kasi sa perpetual kung ano naman ang makuha mong ending balance sa ledger ng merchandise inventory yun na un eh kaya wala ng journal entry

[@Ace_AU_]

Hello po, pa'no po if may partial payment po si customer If kukuhain na po yung amount ng discount, i-mu-multiply po ba sa initial AR or sa (AR minus the partial payment) na po? Sana po masagot, thank you po sir!

[@abmonlineph6099]

Pag partial wala pong discount

[@Ace_AU_]

@@abmonlineph6099 may partial payment po siya previously then nag-pay na po in full sir, para makuha discount san po i-mu-multiply si discount, sa initial amount po ba ni AR or sa (AR minus the partial payment and/or refund) na po Sorry po, di po masyado nalinaw question kanina, thank you po ulit sir!

[@abmonlineph6099]

If allowed ang discount. Yes imultiply mo ung amomunt ng utang na binayaran sa discount rate

[@Ace_AU_]

@@abmonlineph6099 Thank you so much po sir!

[@jasminebatersal7809]

Sir saan po galing ang 3,850 na purchase discount po?

[@jasminebatersal7809]

Tska po pala ang 188,650 po na gugulohan po ako

[@abmonlineph6099]

Hi Jasmine! Di ba nung January 2 may pinurchase ang business na goods na ang halaga ay P200,000 nung January 10 ay nagbayad na ang business. Ang halaga na lang ng utang as of Jan 10 ay 192,500 dahil nung Jan 5 ay may ibinalik na 7,500 worth of goods. Yung 192,500 ay imultiply sa 2% dahil pasok sa discount period kaya nakuha ang 3,850 na purchase discount. Ang cash na ibabayad na lang ay 188,650 dahil nga may discount (192,500 - 3,850)

[@jasminebatersal7809]

Thank you po😊💕

[@abmonlineph6099]

You’re welcome! ♥️

[@rayan6278]

Sir pano po pag hire additional staff for its computer shop, with a monthly salary of 5 months?

[@rayan6278]

Tsaka ordered computer for installation,10000 di ko po maintindihan

[@abmonlineph6099]

No entry para sa hire additional staff

[@abmonlineph6099]

No entry din

[@abmonlineph6099]

Non financial transactions

[@rayan6278]

@@abmonlineph6099 salamat po sir, laking tulong po 😊

[@JAMESDATUIN-f9w]

Sir sa transaction jan. 22 po hindi po ba ibabawas ung 18,500 ung sa sales return and allowances sa transaction 19 po bali po 100,000 - 18,500 = 81,500 x 2% = 1,630 - 81,500 = P79,870 bali po ang sagot ay Cash P79,870 Sales Discounts P1,630 Acct. Rec... P81,500

[@JAMESDATUIN-f9w]

Kasi po sir Under po sya ng Sales.

[@JAMESDATUIN-f9w]

Sir pati po dun sa PR ng A/R po is 102 po

[@AychelleRic]

Hello po sir! Tanong ko lang po sana... Sellers POV Diba po kapag fob shipping point buyer ang magbabayad ng transportation expense?, what if yung seller po ang nagbayad nung transportation expense, madadagdagan po ba ang Receivable ng seller?,vice versa, ano pong magiging journal entry? Thank you po!!😊

[@abmonlineph6099]

Hi Richelle! Yes po irerecord sya muna ni seller as Receivable. Dr. AR Cr. Cash

[@AychelleRic]

@@abmonlineph6099 Thank you po sir!!

[@abmonlineph6099]

You’re welcome po!

[@angelannrillorta1925]

DONE

[@jodiesantos4870]

Jodie santos 12 ABM a done po!

[@s9psycho141]

good Am po, sir papaano po kaya kapag if the owner withdrew for personal use, ito po ba ay owners withdrawals or drawing po?

[@abmonlineph6099]

Yes po. Ang withdrawal at drawing ay parehas lang

[@umblasrisamaey.8674]

Sell merchandise on account to B. Berg ₱3,600, invoice no. 510, and J. Lutz ₱1,800, invoice no. 511. paano po ito sir?

[@abmonlineph6099]

Pag ganyan po ang entry ay Debit Accounts Receivable Credit Sales Pwede po magkahiwalay, peede din magkasama

[@umblasrisamaey.8674]

Thank you po sir

[@rascbc]

sir yung Jan 19) Sales returrns and allowance hindi po ba ibabawas dun sa jan 7) na transaction po? kasi ang sabi po renfunded to "customers" nakaindicate po kasi dun sa jan 7 and 19 ay"to customers". At nung cinollect napo nung Jan 22) hindi po ba bawas na ng 18.5k iyon ? bale po 81.5k less discount 1,630 pa po na pasok sa 2/10. bale po entry sa jan 22 ay Cash 79,870 (debit) S.D 1,630 (debit) A/R 81,500 (credir) Tanong lang din po dun sa Jan 26 transaction. wala naman pong sinabing on account? at pasok po sa discount na 2/10 po. bale po ganito poba dapat entry niya? Cash 49k (debit) S.D 1k (debit) Sales 50k (credit) Sana po mapansin

[@chinabennacosta8370]

Same question po. I have the same answer sa Jan 22. Hindi po ba nagrefund tayo ng 18 500 noong Jan 19 for the sales made noong Jan 7?

[@reneechristinepayumo8928]

Kapah ganto yung tanong ? Purchase merchandise 12,300 and additional supplis 450 for cash ano journal entry nito? Magkahiwalay ba?

[@abmonlineph6099]

Magkahiwalay

[@abmonlineph6099]

Dr. Purchases Dr. Supplies Cr. Cash

[@reneechristinepayumo8928]

Pero pwede din siya ? Purchase Cash Supplies Cash

[@abmonlineph6099]

Pwede naman

[@reneechristinepayumo8928]

Thank you po. Ang dami ko tanong 😅

[@denisemoreno4939]

Done po

[@MaryJoyOcampo-jv7rn]

Ocampo, Mary Joy C. 12 abm-a

[@odesdcorpuz]

done

[@joycerosario5644]

Sana po masarap ulam nyo

[@moniquecosme5331]

DONE po

[@kylahfabellon5152]

Hi po, ask lang po sana. Kapag po ba issued a note settlement in account yung transaction, ang gagamitin po ba roon ay account payable or accounts receivable? Maraming salamat po.(人 •͈ᴗ•͈)

[@abmonlineph6099]

Kung ikaw po mag issue dapat notes payable

[@kylahfabellon5152]

Maraming salamat po(◍•ᴗ•◍)

[@JohnreyPonggo-s3e]

😴

[@stephanieconstantino5294]

Thank you, sir! 🫶 Stephanie Constantino 12 ABM A

[@ralphbuendia1052]

Done

[@abmonlineph6099]

Congratulations!

[@mickaelamagcalas1854]

done.

[@jadepaguio6510]

DONE

[@faithlouisemartinez7960]

Done

[@abmonlineph6099]

Keep it up!

[@hannahhhrfrz]

done.

[@loriemaeravalo7190]

DONE

[@gemaries.9827]

Done

[@aarongatuna5632]

DONE

[@christinadelacruz9165]

DONE

[@jhoncarlopaguio365]

Done

[@jennymaecarlossantos8670]

Done

[@abmonlineph6099]

Congratulations!

[@karylgarcia3569]

Done

[@gwynethpaclaondeguzman7656]

Done

[@danicagajonera9246]

done