Lesson 019 - Adjusting Entries 3: Deferred Revenue

[@GPLCo.]

I just wanna tell you sir that you have helped so many people!. Including me. God bless you po

[@shioo9589]

sir grabe natanggap ako sa dream uni and course ko dahil po sa inyo😭 thank you talaga. 76 FABM1 to 90 FABM2

[@sirchuasaccountinglessonsp3030]

Congratulations!!!

[@multifanheresostopfanwars3996]

teh, sana ako rin matanggap bukas sa QE sa univ na in-apply-an ko!!!

[@multifanheresostopfanwars3996]

Thank you for this, sir! I just can't understand this teacher of mine or it just that it isn't my original classmates that I can't get what he is saying. You are an effective teacher, sir!!

[@yishii5897]

Thank you po ❤

[@EIRRAHteume0807]

Thanks again sir

Salamat po❤️

[@kimberlyfaeadrungan5254]

thank you sir

[@asdfghjkl3919]

Thank you po

Thank you po

[@yurie952]

thank you po

[@sanajjang96]

sabay kami ng tropa kong gusto mag CPA, ep 19 na siya, ako 25 na

[@causeitskr]

💓💗

[@sanajjang96]

adik na po ako sa accounting, kay sir chua na ko nag dadasal gabi gabi.

[@shuichitempest705]

Hello po. Pano po kaya yung record sa katapusan ng january sa revenue method?

[@zhael172]

What if the payment received sa mid nag November😅 like Nov 15 pano po e compute?

[@motivationalflows]

Depends kung material/immaterial ba yung 15 days kung kelangan prorated o hindi.

[@midnight_nemui]

Hello po, Sir Chua. Question ko lang po about sa confusing problem na binigay po samin. "The professional fees include 40,000 of advances made by one client by one client for services still be rendered in the last week of December amounting to 5,000 is schedule for payment on the first week of January 2015." Ang confusing po kasi yung " amounting to 5,000 is schedule for payment on the first week of January 2015". Although, ang trial balance na need po namin ay End of the year 2014. Thank you po in advance, and looking forward for your help po. (^_^)

[@tessiecaudilla7943]

Yung sa adjusting entry po na tax consultancy fees earned pwede po bang accounts recievable ang ilagay? Lalo na po pag sa worksheet na. or gagawa po talaga ng new accounts title for tax consultancy fees earned? Thank you po.

[@zircon03]

im so annoyed at that expense method tas revenue method dba pag expense method kasi, kailangan sa general journal palang nilagay mo na na gamit na ung supplies of eqpt... basically expense na sya hindi assets, but like, why would you even do that in the first place? kung hindi pa naman gamit ung mga gamit na un... so sa adjusting entry na expense method, dun mo lang icocorrect ung overstatement sa general journal tas ganon din pag revenue method, irerecord mo na sya as earned revenue, when in reality di mo pa nabibigay ung service, or ung products mo, so why tf would you record it as earned revenue alraedy? its so fucking stupid and should be deleted from accounting hahahahhaha it makes sense in the end, but hindi ba nakakalito un sa umpisa? kasi pano mo malalaman kung alin ung hindi mo pa nabibigay na service kung nirecord mo na sya as earned

[@ppop_risecakes]

our prof told us na kaya daw yung ibang company is using expense method kasi daw to para pag nagbayad ng tax hindi malaki assets nila hahahhaha basta something like that

[@zircon03]

@@ppop_risecakes oh its like a cheat code