Preparing the Closing Entries | Case Analysis Illustration

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Sir A's Accounting Iksimplified

Sir A's Accounting Iksimplified

Күн бұрын

Пікірлер: 85
@princezharlvillar6196
@princezharlvillar6196 2 жыл бұрын
I now have a better understanding of the procedures involved in closing entries thanks to this video presentation. I appreciate your thorough explanation and the example, sir.
@jennycabamongan5057
@jennycabamongan5057 2 жыл бұрын
It is easier to learn about Closing Entries after seeing this illustration. I also value T-account's willingness to assist in any way possible. I'm grateful.
@jasperjamespalo878
@jasperjamespalo878 2 жыл бұрын
This video lecture has helped me understand more about the steps involved in closing entries. Thank you, sir, for your detailed explanation and for including an illustration.
@rubeneusebio7163
@rubeneusebio7163 2 жыл бұрын
This video lecture really helps me a lot to go back and review what I learned when I was in SHS about the process of closing entries. Thank you, sir
@julianapauyo8247
@julianapauyo8247 2 жыл бұрын
Done watching! This illustration of Closing Entries makes it more understandable to learn. I also appreciate how T-account is helpful in any possible way it may need. Thank you.
@nicolemargarettiponodonado2176
@nicolemargarettiponodonado2176 2 жыл бұрын
This video lecture taught me how to do to closing process properly with the steps you gave last video lecture. Thank you, sir.
@danicajanejavier9202
@danicajanejavier9202 2 жыл бұрын
Thank you for this one sir! Super helpful po sa pagrereview kasi mas lalo ko pong naintindihan yung closing entries with the help of the provided case analysis lalo na po at before may mga parts kung saan nalilito po talaga ako.
@janabanana32
@janabanana32 2 жыл бұрын
The steps in preparing the closing entries was explained clearly using the adopted illustration. I was able to understand the lesson in a short time thanks to this video lecture sir!
@sashenkadignum2471
@sashenkadignum2471 2 жыл бұрын
Done watching! This helped me familiarize the steps in closing entries. It explained well how to close the temporary accounts and the T-account also made it easy to follow the steps of closing entries.
@clarabanagale2507
@clarabanagale2507 2 жыл бұрын
Done watching! The video lecture helped me understand how to prepare closing entries.
@nicolettegertrudechavez5982
@nicolettegertrudechavez5982 2 жыл бұрын
Done watching sir! This case analysis illustration of closing entries really helped on how to do make and analyze closing entries more. Thank you for this!
@mylenemaravillas8557
@mylenemaravillas8557 2 жыл бұрын
The lecture helped me to expand my knowledge about closing entries as a result of this lecture
@davefermaran5389
@davefermaran5389 2 жыл бұрын
Thank you for this lecture, sir. I learned that the first step in preparing a closing entry is to identify the details and determine whether they belong on the balance sheet or the income statement. I'm a little confused about this lesson, but as I keep watching, I gradually catch up; thanks to his explanation, I can understand it clearly, and thanks to the example, I can get an idea of what he wants to say or illustrate, especially when making closing entries.
@rainapuyan3202
@rainapuyan3202 2 жыл бұрын
Thank you for this video lecture, sir. This helped me deepen my understanding of closing entries
@maimailipat_
@maimailipat_ 2 жыл бұрын
This video helped me to know more about the Closing process, thank you sir! for your very informative and and detailed discussion.
@paulinequevedo626
@paulinequevedo626 2 жыл бұрын
I definitely gain from this lesson in understanding how to close entries.
@anamariebatic-batic7304
@anamariebatic-batic7304 2 жыл бұрын
Thanks for this video lecture, Sir! This helps me to to know how to close the balances of the said accounts.
@juliemaedeano6099
@juliemaedeano6099 2 жыл бұрын
Thank you sir, this lecture really expand my knowledge on how to do the closing entries
@irishlacaba9699
@irishlacaba9699 2 жыл бұрын
At first, I was a little puzzled by the topic, but this case study illustration really helped me to better comprehend the procedure for closing entries. Thankyou Sir
@lyzeltorregosa5956
@lyzeltorregosa5956 2 жыл бұрын
Thank you sir A. Done watching po, and in this exercise I learned and understand how to use the 4 step process of closing entries.
@ashvylljamaicapattung4465
@ashvylljamaicapattung4465 2 жыл бұрын
Thank you sir! This video lecture was engaging to watch. It is simpler to comprehend because of the step-by-step instructions. It provided clear instructions on how to close temporary accounts, and the T-account also made it simpler to follow the steps involved in closing entries. Lastly, I also learned how to compute the ending balance.
@charlotteannesaguid8587
@charlotteannesaguid8587 2 жыл бұрын
Thank you for this video lecture, Sir. With this, I was able to apply my understanding on the process of making closing entries. Although it is confusing, I will just go back to this lecture until I am no longer confused.
@levjeremetalavera2642
@levjeremetalavera2642 2 жыл бұрын
Done watching Sir A! I was able to fully understand how to make closing entries easier after seeing this video.
@johnpaulgaut9042
@johnpaulgaut9042 2 жыл бұрын
Done watching sir A! This video lecture help me to understand the steps
@ariannejoycemoreno5570
@ariannejoycemoreno5570 2 жыл бұрын
Done watching, sir. This video lecture really helps me a lot to go back and review what I learned when I was in SHS about the process of closing entries. Thank you, sir, for the smooth discussion.
@jemimahocampo8808
@jemimahocampo8808 2 жыл бұрын
Done watching po! Thank you so much for this, it helps me have a better understanding about the closing entries and how it should be prepared.
@cayumbahm9961
@cayumbahm9961 2 жыл бұрын
Thank you for this video lecture sir, I learned now what is closing process.
@charlenecastelo6716
@charlenecastelo6716 2 жыл бұрын
Thank u for the reviewer, Sir!
@polvincentgarcia8755
@polvincentgarcia8755 2 жыл бұрын
Done rewatching , This video helped me to understand the process of making closing entries. thankyou sir in this very helpful video.
@christinetrishiabunol7856
@christinetrishiabunol7856 2 жыл бұрын
Done watching sir. In this lesson, it helps me to further understand the process in closing entries. Thank you for the informative video sir.
@joshuajaeredrino4013
@joshuajaeredrino4013 2 жыл бұрын
Done Watching sir, the lecture exercise for closing entries is great. I learned how to prepare closing entries by following the four steps also the exercise helps me to understand more about how closing entries work. Thank you!
@eliannadc6184
@eliannadc6184 2 жыл бұрын
Done watching, This video lecture helped me further understand the process in closing entries. Thank you for the informative video sir!
@lawrencemayores5746
@lawrencemayores5746 2 жыл бұрын
Sir, thank you for this lecture. The first step in preparing a closing entry, I discovered, is to identify the details and decide whether they belong on the balance sheet or the income statement. I'm a little confused about this lesson, but as I keep watching, I gradually catch up; thanks to his explanation, I understand it clearly, and thanks to the example, I get a sense of what he wants to say or illustrate, especially when making closing entries. Big A for the efforst Sir A💚
@eduardoaragon4299
@eduardoaragon4299 2 жыл бұрын
done watching sir. this video lecture clearly shows a simple process of closing entry using a pivot table to easily get all the nominal accounts and do the income summary account.
@dianecadisal1848
@dianecadisal1848 2 жыл бұрын
Sir A, I'm done watching! I appreciate the information and this kind of conversation. I'm done with watching these videos. I appreciate your thorough explanation and the example, sir.
@anjadettejao2762
@anjadettejao2762 2 жыл бұрын
Thankyou sir for making this discussion it’s helped my knowledge to expand bout closing entries😊
@justinelintao5329
@justinelintao5329 2 жыл бұрын
Done watching, Sir. Through this video, I've given a chance to practice what I learned in the previous video lecture which is closing the accounts. I'll comeback to this video soon to practice again!
@kennethvonallawi6276
@kennethvonallawi6276 2 жыл бұрын
Already watched this lecture Sir I just forgot to leave a comment. I really understand the process of making closing entries.
@joshuaearltumamak3173
@joshuaearltumamak3173 2 жыл бұрын
Thank you, sir, for your lesson which has helped me better comprehend the process of closing entries, and for your detailed discussion.
@windelmatthewfelix9050
@windelmatthewfelix9050 2 жыл бұрын
Good Day sir, I already watch this video lecture last week but a forgot to leave a comment, This video lesson was quite interesting watching. The walk directions make it easier to understand. It gave me clear instructions on how to shut temporary accounts, and the T-account simplified the tasks required in closing entries. I also learned how and where to determine the closing equity.
@ianabrina1563
@ianabrina1563 2 жыл бұрын
done watching po sir, thank you po
@charlotteribon7215
@charlotteribon7215 2 жыл бұрын
Already watched it last time. Thank you very much po sir for making this :)
@tiffanyjersi3163
@tiffanyjersi3163 2 жыл бұрын
Done rewatching! The step-by-step instructions make it easier to understand. The process for closing temporary accounts was made very clear, and the T-account also made it easier to carry out the steps required for closing entries. - 201X3, Villalobos, Tiffany Jersi E.
@sherylsvlog9615
@sherylsvlog9615 2 жыл бұрын
closing entries prior to udjusting trial balance and T accounts.. thank you po sir A.
@gabrielleatienza9396
@gabrielleatienza9396 2 жыл бұрын
I've already watched it, sir. I just forgot to comment on this video. Thank you for explaining it, sir, it helps me to do my activity last time.
@lovelyanncasi5876
@lovelyanncasi5876 2 жыл бұрын
Watching this video lesson gives me confusion on some part but I was able to understand those parts through your clear explanation
@Heartyyyyyyyy
@Heartyyyyyyyy 2 жыл бұрын
Done watching po sir. When it comes time to prepare your closing entries, there are a few things you want to keep in mind. It is important to remember the 4 step of closing entry as it will be useful to zero out the temporary accounts. Thank you po sir A!
@katherineabesamis4163
@katherineabesamis4163 2 жыл бұрын
Done watching, Sir. This video lecture has provided me the opportunity to put into practice what I learnt in the last video lecture on closing the accounts. I'll return to this video lecture once I want to recall or forgotten once again.
@catherinemojica290
@catherinemojica290 2 жыл бұрын
I have realized today that there 3 types of accounts: real, mixed, and nominal accounts. The nominal account is closed in closing entries to have zero balances. I have also seen the proper procedures for closing entries and post-closing trial balance. Thank you Sir A💙
@airongarrido6571
@airongarrido6571 2 жыл бұрын
This video helps me to be more comprehend on how to do closing entries. First step is to close the revenue account to income summary account. Second step is to close the expense accounts to income summary account also. Third step is to close the income summary account to capital account. 4th and lady step is to close the drawing account to capital account. I learned also how to calculate the ending capital.
@lukeabel3373
@lukeabel3373 2 жыл бұрын
Thank you for the video lecture po, sir! This could be said as a summary of the closing entries. With this, I think I'm a bit more capable when I will do the closing entries.
@chinoiglesia8714
@chinoiglesia8714 2 жыл бұрын
Done watching, sir
@capitlelorenkate6722
@capitlelorenkate6722 3 жыл бұрын
super helpful MAGALING PA SA TEACHER KO
@SirATheCPAProf
@SirATheCPAProf 3 жыл бұрын
Thank you Loren
@andreatagle8196
@andreatagle8196 2 жыл бұрын
Rewatching is completed! It is simpler to understand because of the step-by-step directions. The processes necessary to complete the closure entries were also made simpler by the T-account, which also made the process for shutting temporary accounts more apparent.
@joynunez6551
@joynunez6551 2 жыл бұрын
Done sir! Thankyou
@jxxoxxy
@jxxoxxy 2 жыл бұрын
done sir, thank you po!
@joygolez7118
@joygolez7118 2 жыл бұрын
A summary of the concluding entries might be regarded to be contained in this. This makes me feel like I'll be able to handle the closing entries with a little more confidence.
@sheenarufo8145
@sheenarufo8145 2 жыл бұрын
Thank you po!
@merrianegailedejesus5769
@merrianegailedejesus5769 2 жыл бұрын
thanks sir!
@christiankylelara4450
@christiankylelara4450 2 жыл бұрын
Done na po Salamat po sa presentation
@marielatejada4417
@marielatejada4417 2 жыл бұрын
I am a little confused at first about the topic but this case analysis illustration helped me a lot to understand better the process of closing entries. Thank you, sir!
@princesskateannbendana6608
@princesskateannbendana6608 3 жыл бұрын
Hello sir do you have any videos for excel tutorial? Such as automatically putting a comma to the values
@SirATheCPAProf
@SirATheCPAProf 3 жыл бұрын
I only have limited tutorials for excel. You can find it in the playlists tab.
@roangraciebautista702
@roangraciebautista702 2 жыл бұрын
Done watching! This video helped me to better understand the process of making closing entries. Also, it made me realized that giving sample illustration is very important to clearly understand the concept of a topic. Thank you, Sir A!
@lexs.eustaquio9684
@lexs.eustaquio9684 2 жыл бұрын
Done na po Sir Thank you po sa Lessons . Lex Eustaquio (BSMATH 4-1)
@touchmenot5229
@touchmenot5229 2 жыл бұрын
Done✨- Rodas, Kylee Milette T. (BSM4-1)
@honeyzeljoylabado1755
@honeyzeljoylabado1755 3 жыл бұрын
Thank you for this sir super helpful
@SirATheCPAProf
@SirATheCPAProf 3 жыл бұрын
Thank you for knowing that it helped you. 🥰
@ennjustaics8548
@ennjustaics8548 3 жыл бұрын
Thankss poo
@irenezdomingo6097
@irenezdomingo6097 3 жыл бұрын
Done sir
@bryancastillo8288
@bryancastillo8288 2 жыл бұрын
Done na po Sir!
@kentyman1583
@kentyman1583 3 жыл бұрын
done po sir, thank you.
@raymondperdigon4901
@raymondperdigon4901 3 жыл бұрын
Done na po sir, thank you po
@kevinatendido9138
@kevinatendido9138 3 жыл бұрын
Done po Sir. Thank you po
@erikaparajas6542
@erikaparajas6542 3 жыл бұрын
done po.
@ryubin5176
@ryubin5176 3 жыл бұрын
Done po sir. Barrogo
@alessandrarestauro7452
@alessandrarestauro7452 3 жыл бұрын
done sir
@celinemoreno5743
@celinemoreno5743 3 жыл бұрын
Done po sir, thank you po. - Panuelos, Celine M.
@lukesebastianhipolito7337
@lukesebastianhipolito7337 2 жыл бұрын
thank you sir 🥹 for making this discussion it's helped my knowledge to expand bout closing entries 😊
@baenanapop
@baenanapop 2 жыл бұрын
Done sir. Thank you po!
@giancarlog.rebadavia6219
@giancarlog.rebadavia6219 2 жыл бұрын
Done po Sir, thank you po
@darayubhel6636
@darayubhel6636 3 жыл бұрын
done sir
@roderjeran3177
@roderjeran3177 3 жыл бұрын
Done na po sir, Thank you po
@shienamaecabalagnan7258
@shienamaecabalagnan7258 2 жыл бұрын
Done Po sir. Thank you po.
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