Really helpful. you explain it in a manner that it just becomes easily understandable
@PascolaoyongOyorAchuil2 ай бұрын
On behalf of our South Sudanese students I will say you are our life saver
@thomasmushongo37723 ай бұрын
On behalf of my fellow Namibian students, i just want to say you are our life saver.. keep up with the good work
@kelseysmith83553 жыл бұрын
This was a really wonderful clear tutorial. Also great to hear a fellow South African. 🌸 Thank you for your work!
@luliboelihlendibongo10362 жыл бұрын
I really wanna say how great of a teacher you are I've been so lost with this topic and you've helped have a better understanding of it not just as soon as I watch the video but the things you taught me stayed so with this I wanna say thank you very much.😭❤️
@prin.cesscaprie9 ай бұрын
The way in which you explain really helps one understand everything clearly. Still watching these lectures 4 years later. Thank you so much, I will definitely recommend to others😊.
@shayfamartin24633 жыл бұрын
Thank you! This makes it so much easier to understand. It's crazy that it can be explained and received easier and most institutions are failing the student.
@duduzilemhlanga2942 жыл бұрын
you make me want to be an accountant - even in my struggles of understanding it. thank you aiming for a distinction this year.
@Jad3ss3 жыл бұрын
Thank you sir, I appreciate all your videos.You are truly a gem when it comes to accounting. As it said before, you make accounting a little bit easier. God bless bro
@georgepetagumskum4696 Жыл бұрын
Thank you, sir. You explained it very well that even my children's puppy would understand.
@kagororobert4963 Жыл бұрын
Thanks so much I have understood the weighted average method
@heatherhelms274 жыл бұрын
Thank you so much, this really helped me and you made it a lot easier to understand! I recommend his FIFO and LIFO videos as well! I have saved these videos to my educational library for future help. I am currently in school for finance and you have been very very helpful.
@Counttuts4 жыл бұрын
glad it helped. Thank you for the feedback and recommendation :)
@autobaron14103 жыл бұрын
Thanks a lot man i was stuck on a problem set with purchase return, but you definitely helped me out!
@enricoadams86452 жыл бұрын
Thank you for making inventory so simple and easy to understand
@tarazanjani477011 ай бұрын
I have learnt a lot from your Lesson. You are a great teacher. I really appreciate it.
@nathanpickford2207 Жыл бұрын
Absolute legend! This has made it so much more understanable, thank you.
@KANIMOZHIFIAPKUMARAN2 жыл бұрын
THANK YOU SO MUCH SIR, I WAS IN SO MUCH CONFUSION BUT YOU MADE ME UNDERSTAND IN JUST 5 MINUTES. kudos to you!!!!!! God bless you sir
@j1udu5224 жыл бұрын
This was explained so beautifully, wow. Thanks bro
@anfgcsupport16353 жыл бұрын
Thank you! I have been staring at my textbook all these while and kept getting the answers wrong. This video really broke it down easier for me to understand. Breezing through my questions now!
@Cherryblossom986362 жыл бұрын
Sorry for the return to the supplier, you said the opposite thing in the FIFO video for perpetual, you said returns go to receipts because we are not purchasing anything, please clarify.
@chondedoriskalyoti10292 ай бұрын
Returning to the supplier goes in the issues box that's what he said under fifo When the customer returns it goes in the receipt box
@philipmuyila10439 ай бұрын
Bro, You're a genius 😊
@fillemonejoel51692 жыл бұрын
I always come back to this.🔥❤thanks so much
@makwaebalerato87872 жыл бұрын
Thank you very much. I have been stressed about this chapter and my lecture makes it seem as it is very difficult .I thank you a lot.
@tarazanjani477011 ай бұрын
Great teacher. Thank you
@tahahasia44122 жыл бұрын
Wonderful I really appreciate this tutorial because it makes me understand more about FIFO .Then I was lost in thought but due to this I'm found.thanks ones more
@cossyfuntime3624 Жыл бұрын
The best tutariol especialy to us who dont love notes towards the exam, thanks so much
@agnesangelica48533 жыл бұрын
Omggg thankyouu so much! This really helped me for tomorrow presentation😭 and it’s easy to understand too! wish me luck
@katlehokhoele5750 Жыл бұрын
Please ..I dont know how I can thank you. God bless you. God bless your soul
@atolomartha2117 Жыл бұрын
Your the best sir,i love the way you explain each and everything systematically, thanks🙏Jah bless
@mphontholeng36655 ай бұрын
Perfect. Very helpful ❤️
@bestmomentsoffootball186 Жыл бұрын
Thank you so much. It really helped me.🙏
@saarakambonde1447 Жыл бұрын
Well explained. Thank you . I'm preparing for my exam and this really helped me
@PortiaKhwekhwe-SA11 күн бұрын
Excellent Sir
@titokatithi51743 жыл бұрын
Your explannation,,,,,very interesting and understable,,,,,,,thanks sooo much brother
@adeyemidorcas56463 жыл бұрын
Your explanations are always so understandable
@feefeemofokeng35992 жыл бұрын
wow So crystal clear. 100%| You're really good. God bless.
@edwardmailstudios48814 жыл бұрын
Good tutorials, many tutorials only show sample on purchase and sales of good but never return of goods to vendor. From here, I have 3 questions which I need your help 1. How to calculate the average price of good return from the production floor to the warehouse 2. How to calculate the average price if there is a quantity adjustment due to the result of stock audit 3. How to calculate the average price if there is product disposal due to damage, and throw it away 4. Is the unit price tax included or tax excluded
@maleratonatasha8743 жыл бұрын
Thank You so much,I now understand WAM in Perpetual inventory system
@Galim_Madraimov4 ай бұрын
Good explanation mate!!!
@letty44454 жыл бұрын
Really helped thanks!
@gaylemohamed42192 жыл бұрын
Brilliant! as always...
@lanap.962210 ай бұрын
Great example! thank you so much, now I understand it !!!!😍
@lynnmurphy52202 жыл бұрын
You have a great way of explaining. Thank you so much!
@beautythembelihle91524 жыл бұрын
The best Tutor in Million thank GOD about u
@reabetsoe40852 жыл бұрын
Explained it better than my lecturer
@djzane012sa63 жыл бұрын
Thank you very much for making it so easier to understand
@puseletsomonyaka80652 жыл бұрын
This was very helpful. I cannot thank you enough.
@behberg2 жыл бұрын
Amazing, that was one of the best videos. Thank you so much.
@pp1857842 жыл бұрын
excellant oration
@HaymanotMesele-jw8zs12 сағат бұрын
Thanks
@BWCS Жыл бұрын
amazing.. amazing 😍
@sanelemwelase3 жыл бұрын
Thank u so much,weighted average was confusing me so badly
@lorenzomeyer72423 жыл бұрын
What about if you have to Factory Return units already issued?
@1982joseline5 ай бұрын
Thank you.😊😊
@luyandambele740711 ай бұрын
Thank you, now I understand it better but how about if the units were sold on credit, how do record that ?
@pumezamlisana51802 жыл бұрын
Excellent. Thank you so much. Can please do the capital budgeting next time as well as the Du Pont Analysis.
@nilesandsam Жыл бұрын
Good day and thank you for this. Could you happen to provide instruction how one would show the adjustment for cost after paying for a purchase that then has a purchase discount? I am taking a course online through our local college where this question comes up but the instructor refuses to provide example. There is no answer in the text and no example in any of the 600+ pages. I am very frustrated. While I know the math it never gives an example as to how this is documented in the Inventory sub-ledger and I am at the point of being physically ill from the lack of explanation. I have searched google, searched youtube, searched the texts and yet no example to be found. Yours was the ONLY example of a purchase return and I am so grateful for it but this is one that has many in the dark.
@tapiwamakuwerere45562 жыл бұрын
well explained
@jamessikatunga66923 жыл бұрын
This was so helpful, Thank you🙏
@yassirrashid5422 Жыл бұрын
Hello Mr..One question I need to ask you please..why the return of inventory to supplier under FIFO method we put in the issues column while under weighed average here we put this return to supplier in the receipts column?
@fekratmusic9879 Жыл бұрын
thank you so much
@thulisiyoko82293 жыл бұрын
Good day, thank you so much this really helps. how to calculate if company has a 20% markup on cost?
@Counttuts3 жыл бұрын
Good day, due to the volume of requests for help regarding student specific questions, we are not able to address them on this platform. However, you can request a session at reasonable rates with us at info@counttuts.com to address your challenges with the subject.
@mukonazwothemudzanani37293 жыл бұрын
Great explanation 🤗🤗🤗 thank you
@nobuhledubazana1693 Жыл бұрын
hello sir....do we still have to calculate new WAC if customers are the ones that return inventory to the entity?
@pompom11373 жыл бұрын
Thankyou sooo much helped a lot
@PrincessePrincesse-io7nj9 ай бұрын
How do we calculate the profits from the FIFO and LIFO methods?
@sabelongcobo2845 Жыл бұрын
Thanks you it was really helpful. If may I ask how do you calculate unit cost of closing inventory?
@amirah33433 жыл бұрын
So helpful wow!
@chitralwanderers30314 жыл бұрын
thanks for the explanation
@yngburger81464 ай бұрын
I have a question, how come under FIFO a return to the supplier is issued but here a return to the supplier is a receipt?
@leahfowler40533 жыл бұрын
Thanks for this. If I had to calculate the cost of sales and ending inventory, would it just be a matter of summing the "Amount" column for each Issues and Balance?
@tiesonelson3192 жыл бұрын
Can you explain the LIFO method please..
@Neoon386 Жыл бұрын
How purchase and sales return affect this method? Please answer ASAP.
@cynthiamuiru4799 Жыл бұрын
Is it correct to say that if the goods were returned to stores that would be a receipt?
@keishavanneel Жыл бұрын
How do I calculate purchases using FIFO and AVCO?
@esihlemabhulu4095 Жыл бұрын
How do we calculate weight average method when we are given two balances??
@fiawonyegafatsi24444 жыл бұрын
very helpful
@67omikaagrahari433 жыл бұрын
thanku so much sir
@petekhrietuozuyie90602 жыл бұрын
Sir what about the Return to stores (from the issue)
@kiduaalute6034 жыл бұрын
Good thanks
@muzdatrashid45084 жыл бұрын
Thank u sooo much
@koeutthom95632 жыл бұрын
Hi, sir Which column should we record if the customer were returned?
@kwanelephilasande575 Жыл бұрын
can i ask do you have online classes because this videos are sooo helpfull
@Counttuts Жыл бұрын
Good day, yes we do. Please do contact us at info@counttuts.com
@thapelomatshabe59172 жыл бұрын
What do we do when there's sales return?
@luckysenyolo98064 жыл бұрын
Thank you for the great lersons which once is my total sales amout if I'm asked to calculate gross profit sir?
@Counttuts4 жыл бұрын
You will need to be given the selling price and information to calculate your sales.
@shairamarcelino98644 жыл бұрын
How about if you have sales return and allowances?
@Counttuts4 жыл бұрын
Then you deduct the returns and recalculate the average cost.
@niroshanviduranga97693 жыл бұрын
Its more valueble
@julianamacasinag34884 жыл бұрын
How about purchase discounts?
@Counttuts4 жыл бұрын
Only use what you actually paid for the inventory.
@sanjanashah12673 жыл бұрын
Are you from dar es salaam? I would like to get tutored
@Counttuts3 жыл бұрын
Good day, we are situated in South Africa but tutor students all over the world. Our tutorials are done one-on-one via Zoom / Skype. Should you wish to book a session, you may also contact us via email: info@counttuts.com.