MANUFACTURING ACCOUNTS (PART 2)

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FOG Accountancy Tutorials

FOG Accountancy Tutorials

Күн бұрын

Пікірлер: 235
@FOGAccountancyTutorials
@FOGAccountancyTutorials 2 жыл бұрын
Please the old WhatsApp number isn’t working anymore This is the new WhatsApp number👇🏻 +233596316536 Thanks
@deniskiwanga85
@deniskiwanga85 2 жыл бұрын
Good job
@francisappohacquah6125
@francisappohacquah6125 2 жыл бұрын
Good
@rukoti
@rukoti 2 жыл бұрын
How did you get the 361700
@rebeccaidoko
@rebeccaidoko 2 жыл бұрын
You're amazing
@jacquelineyeboah5201
@jacquelineyeboah5201 2 жыл бұрын
Thanks Thanks for the so much help and
@ramiyoaziz8024
@ramiyoaziz8024 3 жыл бұрын
You are one of the best accounting lecturer I have so far come across sir. God bless you
@derrickmwangi3297
@derrickmwangi3297 3 жыл бұрын
Ah yes! FOG has done it again 😁 You're truly gifted in the art of teaching. God bless you.
@sandraadjei3908
@sandraadjei3908 2 жыл бұрын
Amen oo
@HopeChanda-r3n
@HopeChanda-r3n 5 ай бұрын
What do you do when you have been given consumable tools
@panfordkhalifa7343
@panfordkhalifa7343 2 жыл бұрын
I'm happy with the tuition sir. At first I was lagging behind until I came across your lecturing.
@ebrimasuwareh4773
@ebrimasuwareh4773 3 жыл бұрын
Sir my God bless you and give you progress in life
@godfreylumbala1434
@godfreylumbala1434 3 жыл бұрын
Clear Explanation.... this work is worthy a maximum appreciation... Continue with the good work sir.
@adjeiisaac5798
@adjeiisaac5798 Жыл бұрын
If not FOG,who can make accounting easier for me God bless you and continue the good work…thank you father 🎉
@LEAKEYOTIENO-kq2uh
@LEAKEYOTIENO-kq2uh 6 ай бұрын
Iam leakey from Maseno University pursuing bachelor of degree in accounting and finance I love your lectures sir you really toil to make us understand this things well
@osamadupe1018
@osamadupe1018 9 ай бұрын
Purchases in the question you read was N372000 but in your calculation, you wrote N372200. I realized that after I solved the question by myself and everything balanced on the statement of financial position and comparing it to yours.
@Brightacademicsolutions
@Brightacademicsolutions 6 ай бұрын
Thank you for the work being done in our journey. Keep it up. Uganda s are enjoying
@darlingtonzaah8968
@darlingtonzaah8968 Жыл бұрын
Sir, the good lord has really blessed you with the gift of teaching Accounting. Thank you so much.
@dominicmutia4211
@dominicmutia4211 3 жыл бұрын
Good work sir. please do a video on non profit and partnership accounts
@maameakua4018
@maameakua4018 3 жыл бұрын
We are waiting please
@FOGAccountancyTutorials
@FOGAccountancyTutorials 3 жыл бұрын
Some aspects of partnership are already uploaded...
@lindakessie9491
@lindakessie9491 2 жыл бұрын
@@FOGAccountancyTutorials please can you upload a video on department account
@aa.jayyyy
@aa.jayyyy 3 жыл бұрын
purchases of raw materials was 372000 and not 372200.... It made it change the whole answer that I got.
@SHADDYKIRUI
@SHADDYKIRUI 7 ай бұрын
Yeah
@kimhighschool4607
@kimhighschool4607 6 ай бұрын
😢 yeah you are quite keen
@laurettawilliams3416
@laurettawilliams3416 2 ай бұрын
Yh it's true 😩
@Dorcas-w9v
@Dorcas-w9v 2 ай бұрын
The correct figure is the 372200 from the terror text book.. So probably he Made a typing mistake
@AcolaAnna-j3y
@AcolaAnna-j3y Ай бұрын
yes you're very right i also notice that it was 372000 not 372200
@gbeblewuemefa8133
@gbeblewuemefa8133 2 жыл бұрын
Thanks for your tutorials. You are saving souls down here. God bless you so much.
@salamafeez967
@salamafeez967 11 ай бұрын
thanks for the tutorial sir God bless and help all those you have helped out directly and indirectly this is my first year in university in Nigeria, your tutorial really helped me in depreciation and manufacturing accounts this particular manufacturing account i solved the balance sheet and it balanced thanks sir i appreciate.
@ErcNsabyumukiza
@ErcNsabyumukiza Жыл бұрын
hello my lovely FOG. I am very excited to have you sir!!!! i have been passed my exam well after viewing manufacturing account as well as partners account. let more blessings from LORD GOD be upon you. thanks
@wisebrotherscomedy9289
@wisebrotherscomedy9289 Жыл бұрын
Thanks sir. My name is Aguer Adup from South Sudan but studying in Uganda in university called Kampala university. Am very happy to have learned how to prepare manufacturing accounts with you because am a student of accounting and finance now i don't know if you can also help me with FIFO and LIFO methods
@OswaldMpundu
@OswaldMpundu 4 ай бұрын
If I get a chance to give my votes of thanks on my graduation in will mention you as one of the most helpful people in my journey
@michaelbampoe0053
@michaelbampoe0053 2 жыл бұрын
Well done sir... I really now get the concept about manufacturing account.. thank you and God bless you
@kaksbaru
@kaksbaru 3 жыл бұрын
Thank you FOG for the great work am so helped by your videos waiting for part 3 sir. Just cant thank you enough
@FOGAccountancyTutorials
@FOGAccountancyTutorials 3 жыл бұрын
You're welcome
@obillaezra6205
@obillaezra6205 2 жыл бұрын
Watching you from Tanzania” indeed you deserve my congratulation” for how you deliver” keep it on
@kabirmungal1832
@kabirmungal1832 3 жыл бұрын
Your videos are so helpful and you make it look so easy thank you and keep up the good work❤️
@mwendemunyaka8267
@mwendemunyaka8267 3 жыл бұрын
Im actually going to pass my test ..... Thank you... you have made it so easy🙌🙌
@duggMwachofi
@duggMwachofi 7 ай бұрын
point of correction:"Royalties are indirect expenses therefore they should be considered as factory overhead not direct expenses"
@hadassahbuabeng
@hadassahbuabeng 5 ай бұрын
I really like your tutorials It's helping me a lot 😊
@samueltulasi6525
@samueltulasi6525 3 жыл бұрын
I did accounting at SHS level and unfortunate for me, our teacher was a drankard. All along I thought accounting is difficult but you proved me wrong as I follow your tutorials. God bless you
@nonokopong
@nonokopong Ай бұрын
I dont know how to thank you Thank you so much from Botswana
@moreennambuya4762
@moreennambuya4762 Жыл бұрын
Hello sir, am here from Uganda and your tutorials have been my life saver, am having accounting in two days but I guarantee that u are all every accounting student needs allover th world, much love 😍😍😍from Uganda 🇺🇬🇺🇬🇺🇬
@splendidnyakeh5020
@splendidnyakeh5020 3 жыл бұрын
Well understood. Thank you Sir for your good work
@ERICKKAKUBA
@ERICKKAKUBA Жыл бұрын
YOUR A GOOD AND TALENTED LECTURER, SO AM PROUD FOR YOU.
@williamkai1664
@williamkai1664 11 ай бұрын
Currently doing CPA without attending any lecture apart from yours😊, l just wish l could meet you in person thank you
@rosekoech8763
@rosekoech8763 2 жыл бұрын
Helpful,, thank you so much for such a wonderful explaination and illustrations on manufacturing account
@manjubangura7370
@manjubangura7370 2 жыл бұрын
Thank you so much sir.... God bless you But sir I think there is a mistake on the purchase of raw materials figure in the trial balance the figure is 372,000 but in the working, you put 372,200
@catherinemaningi8079
@catherinemaningi8079 Жыл бұрын
noted that too
@estherzalwango6470
@estherzalwango6470 2 жыл бұрын
Hi sir. Am in Uganda but thanks alot your teaching is helping alot as I prepare for my June sitting. May God bless you.
@FOGAccountancyTutorials
@FOGAccountancyTutorials 2 жыл бұрын
Amen 🙏🏽
@cedrictchakounte461
@cedrictchakounte461 9 ай бұрын
hello sir I like your teaching am from Cameroon writing the government exams I Will really need your help base on accounting
@ebrahimnjenga3704
@ebrahimnjenga3704 3 жыл бұрын
my goodness! this is amaizing, Thank you very much.
@FOGAccountancyTutorials
@FOGAccountancyTutorials 3 жыл бұрын
Welcome
@keekeesk
@keekeesk 3 ай бұрын
❤❤❤❤❤ Thank you for all the tutorials
@abigailgadzo
@abigailgadzo 7 ай бұрын
Hurrayyy!!! Thank you very much for this down to earth lesson!
@kyomuhendoJohn-fq6dq
@kyomuhendoJohn-fq6dq Жыл бұрын
Thank you sir very much for helping me may God bless you abundantly
@YakubuIsaacDeGreat
@YakubuIsaacDeGreat 5 ай бұрын
Sir may God give you progress Am so lucky be in this amazing platform
@osemekemenilumah4194
@osemekemenilumah4194 3 жыл бұрын
Thank you so much sir,like this has been really helpful...But i would have love to just see you do the statement of financial position part😂✊🏽though the question is so long.
@amadigeorge6968
@amadigeorge6968 3 жыл бұрын
I enjoyed the manufacturing account part 2 and I'm also waiting for you to upload the part 3 of manufacturing account that involved manufacturing profit and market value
@FOGAccountancyTutorials
@FOGAccountancyTutorials 3 жыл бұрын
I'll upload that soon. Thanks for the feedback
@amadigeorge6968
@amadigeorge6968 3 жыл бұрын
@@FOGAccountancyTutorials ok
@barkeification
@barkeification 3 жыл бұрын
I am eagerly waiting to see part 3 of manufacturing a/c ... U r my hero
@prof1z
@prof1z 3 жыл бұрын
Please when is the part 3 going to be uploaded
@mildredmboha1967
@mildredmboha1967 Жыл бұрын
Thank you for this tutorial, it was clearly understood .
@kalistoomondi5944
@kalistoomondi5944 2 жыл бұрын
Good job, Watching from Kenya. Kindly take us through IAS 7- Cash flow.
@nolwazibaras1559
@nolwazibaras1559 7 ай бұрын
Thank you so much Sir, this video was made everything crystal
@emilyatroyalcoaching1090
@emilyatroyalcoaching1090 2 жыл бұрын
Could you send the values for the trial balance...they are not clear some of them.I want to tru out the balance sheet but values on the items for balance sheet are not so clear....But this lesson is amazing. Helped me a lot in understanding the income statement and manufacturing account
@JohnSuleiman-w7g
@JohnSuleiman-w7g 9 ай бұрын
tank u sir to explain manufactur account , am interested it ❤🎉🎉
@karlenerobinson4863
@karlenerobinson4863 3 жыл бұрын
I enjoy your vidoes, can you do one in non profit organization (subscription account). Please and thanks, as soon as possible I have a exam coming soon.
@maxwellokeke8814
@maxwellokeke8814 9 ай бұрын
Your class has helped me alot
@kelvinofon5064
@kelvinofon5064 2 жыл бұрын
Your are the best easy understanding
@gagborita2680
@gagborita2680 3 жыл бұрын
That's great sir, thank you very much
@javanodhiambo5534
@javanodhiambo5534 2 жыл бұрын
so nyce its made easy in my CPA exams
@marionlikoye9170
@marionlikoye9170 3 жыл бұрын
You are such a genius,,,,I love your tutorials
@iliyagarba4857
@iliyagarba4857 Жыл бұрын
Job well done Sir. Please is Marketing officer and repairs of Delivery van charged as selling and distribution expenses??
@johnsumba5959
@johnsumba5959 3 жыл бұрын
God bless you Sir,..can't trace part 3 of the manufacturing accounts
@collinsjoy6695
@collinsjoy6695 3 жыл бұрын
Good morning sir, i just went through your video, you are a wonderful teacher sir, but i noticed you didn't do the provision for depreciation, and that was the part i needed, please is there a video on it, or where will it go, also, how do we calculate the depreciation if we are asked to use reducing balance method.
@nassurhamid36
@nassurhamid36 2 жыл бұрын
Dep.rate×n.b.v N.b.v=cost-depreciation
@priscilliaoriokpa6733
@priscilliaoriokpa6733 Жыл бұрын
Thank you so much sir, you are one of a kind. But I want to ask in the case of accrued rent where is it going to come up
@maameafua9845
@maameafua9845 3 жыл бұрын
Thanks very much sir .I'm waiting keenly for part three
@ifeanyivictory2748
@ifeanyivictory2748 11 ай бұрын
Thumbs ups sir here from From Nigeria. Please how will you treat insurance allocated to an asset in this topic
@abdulairahinatu9524
@abdulairahinatu9524 3 жыл бұрын
Thank you sir I appreciate your work please explain wages and where to locate it
@maxwellkwasidawuni
@maxwellkwasidawuni Жыл бұрын
Please when you are given opening stock of indirect material, purchases of indirect material and closing stock. Where do I record them? Also, what of general factory expenses?
@sandratumuhairwe8085
@sandratumuhairwe8085 Жыл бұрын
Hello sir thank you for your tutorial but the figure for Purchases was 372000 not 372200 I learn a lot from your tutorial
@quotesman4324
@quotesman4324 3 жыл бұрын
Sir thank you soo much Can you please turn off the blurring function in your device please.. It really disturb my eyes Thanks 😊
@anastasiakivitko6057
@anastasiakivitko6057 3 жыл бұрын
Please when are you dropping the adjustment on manufacturing profit and unrealized profit
@dwightshang7651
@dwightshang7651 3 жыл бұрын
These videos are really helpful
@mosheltom8610
@mosheltom8610 3 жыл бұрын
Thanks you sir Requesting for company accounts Treatment for proposed and paid concept
@xerxesyerika
@xerxesyerika 8 ай бұрын
Please is it true that when you write less closing WIP, you don't need to place the figure in a bracket because it becomes otology??
@AcolaAnna-j3y
@AcolaAnna-j3y Ай бұрын
yes in deed, if you write LESS automatically you don't put the figures in the brackets
@xerxesyerika
@xerxesyerika Ай бұрын
@@AcolaAnna-j3y Thanks 🙏
@entertainmenttv1484
@entertainmenttv1484 3 жыл бұрын
thank you very much Sir.. waiting for the part 3 please.. but please do you also teach on whatsapp?
@asmaadam5376
@asmaadam5376 Жыл бұрын
I have benefited alot
@samedmohammed3702
@samedmohammed3702 2 жыл бұрын
Pls Sir, I think there is a mistake in your solution. The value of purchases given in the trial balance was N372,000 but you recorded it as 372,200 in your solution
@ceciliabaffoe5246
@ceciliabaffoe5246 Жыл бұрын
Good day Sir, please can i get some of your questions to solve?
@josiemukeli3584
@josiemukeli3584 Жыл бұрын
God bless u sir. It balanced ❤
@prudencetsaurai3527
@prudencetsaurai3527 3 ай бұрын
The best tutor
@molamindemba930
@molamindemba930 Жыл бұрын
Sir I don’t even know how to describe you, I skipped my accounting classes at the school and do my other business at home because I know that you’re here to rescue me. You’re just amazing. May God reward you abundantly.
@Mustardke
@Mustardke 2 жыл бұрын
Wow so amazing 🤩 I have really understood 🙂
@blessedkwakuavornyoh6136
@blessedkwakuavornyoh6136 Жыл бұрын
Please the purchases of raw materials figure is 372,000 in the question but you used 372,200 in the solution.
@sophieodih8470
@sophieodih8470 Жыл бұрын
Sir, in the balance sheet are we also getting the difference for acccu depreciation and transferring it to balance sheet
@biglewton3703
@biglewton3703 Жыл бұрын
Pls sir the bank figure was not given in the question Under Manufacturing Acc. part 2. So the balance sheet isn't balancing.
@JosamJojolicious
@JosamJojolicious 5 ай бұрын
I have question why he didn't use provision of plant and machinery with it's cost And also why he didn't use return outward and carriage inwards In income statement
@faiththerui-c4k
@faiththerui-c4k 3 жыл бұрын
Nice work but please 🙏 do a vedio on ratio analysis
@dpsquaremusicbeatzone5742
@dpsquaremusicbeatzone5742 5 ай бұрын
How can I treat provision for doubtful debt in my statement of financial position and that of my income statement. In a manufacturing acct setting
@julietsoku8090
@julietsoku8090 3 жыл бұрын
God bless you sir please when will you do a video under partnership accounts
@Askpastorfranklindek
@Askpastorfranklindek 3 жыл бұрын
Yes..I want partnership account badly... Please sir special request this week
@samuelamoya8258
@samuelamoya8258 3 жыл бұрын
Thank you so much for excellent explanations
@5starchannel974
@5starchannel974 3 жыл бұрын
Sir please, upload vedios on partnership accounts too . Thanks
@FOGAccountancyTutorials
@FOGAccountancyTutorials 3 жыл бұрын
OK. Welcome
@chopc977
@chopc977 3 жыл бұрын
Thank you soo much... Bt i have a question why didn't you add the depreciation figures for the delivery van and the plant and machinery... U just put one of the figures in the manufacture account
@NJOROGEJohn-qe6we
@NJOROGEJohn-qe6we 6 ай бұрын
Thanks vert much Clearly
@lydiaannan6678
@lydiaannan6678 2 жыл бұрын
Please do you have videos on departmental account
@isaackchangwony5022
@isaackchangwony5022 2 жыл бұрын
Woow thank you so much.I can now understand 💖
@priscaaber7010
@priscaaber7010 3 жыл бұрын
Thank you for the good work.
@mohammedfaris9030
@mohammedfaris9030 6 ай бұрын
Hi Mr. I was asking I did a certain manufacturing account problem and I recorded royalty as an administrative and general expense and the balance sheet balanced and I searched it through websites and still the refer to it as administrative expense kindly assist Mr . thanks
@ritaabban9707
@ritaabban9707 2 жыл бұрын
Thank you sir Please can you do a video on branch account please 🥺🙏❤️
@HopeChanda-r3n
@HopeChanda-r3n 5 ай бұрын
What do you do given the consumable tools
@rudra_pandya9
@rudra_pandya9 3 ай бұрын
Absolute GOAT.
@nthambindunge8347
@nthambindunge8347 Жыл бұрын
Is sales representative salaries, administrative salaries and general administration expenses overhead??
@JohnSuleiman-w7g
@JohnSuleiman-w7g 10 ай бұрын
Wow that's good, tank u sir ❤
@ApostleBandah
@ApostleBandah 3 ай бұрын
Kindly asking, how to find the, opening inventory I fail to understand how it comes about????
@mymoon_writer
@mymoon_writer 2 жыл бұрын
In depreciation, do you not add provision for depreciation given?
@sandabumassaquoi5172
@sandabumassaquoi5172 2 жыл бұрын
Do a video on Departmental Account
@yewokrom1143
@yewokrom1143 3 жыл бұрын
Please the part is really important to me
@ayomideadesanya5996
@ayomideadesanya5996 2 жыл бұрын
Pls guys how did purchase turn from 372,000 to 372,200 am not seeing any adjustments there.
@thelaw7614
@thelaw7614 Жыл бұрын
Sir what of a situation where there is sales of scrap materials?
@takyikofi777
@takyikofi777 3 жыл бұрын
Please sir,you do a great job but we single entry and incomplete records
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