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Accounts Receivable - Gross Method and Net Method

Learn the basics of accounting for sales discount using the Gross method and Net method
Reference: Financial Accounting Volume 1 by Mr. Conrado T. Valix, Mr. Jose F. Peralta and Mr. Christian Aris M. Valix
#AccountsReceivable #GrossMethod #NetMethod

Пікірлер: 52

  • @irysdelosreyes5361
    @irysdelosreyes53615 жыл бұрын

    Galing mo Jonathan. Keep it up. Pag Accountancy namin si Chon. Ikaw magturo. 👍🏻

  • @theresagregorio3373
    @theresagregorio33734 жыл бұрын

    This channel is the best!!

  • @FilipinoAccountingTutorial

    @FilipinoAccountingTutorial

    4 жыл бұрын

    Thanks Theresa! 💕

  • @abypagkaliwangan2883
    @abypagkaliwangan28835 жыл бұрын

    Thank you po! Notes Receivable naman po next. God bless.

  • @FilipinoAccountingTutorial

    @FilipinoAccountingTutorial

    5 жыл бұрын

    HI Abby! Welcome

  • @sirjhemvlog2416
    @sirjhemvlog24165 жыл бұрын

    more videos pa po sa lahat ng subjects

  • @jessiephgaming1225
    @jessiephgaming12255 жыл бұрын

    Salamat more Sana more pa po. Allowance method po

  • @FilipinoAccountingTutorial

    @FilipinoAccountingTutorial

    5 жыл бұрын

    Hi Jessie! Malapit na yan. You're welcome.

  • @nicolejeanvic
    @nicolejeanvic4 жыл бұрын

    you are a life saver po!!!! keep doing tutorials po :))

  • @FilipinoAccountingTutorial

    @FilipinoAccountingTutorial

    4 жыл бұрын

    Thanks Nicole! Yes more videos pa soon

  • @preciouscruz6722
    @preciouscruz67224 жыл бұрын

    Thank you po. Ang galing niyo mag-explain. 💜

  • @FilipinoAccountingTutorial

    @FilipinoAccountingTutorial

    4 жыл бұрын

    Hi Precious. We are happy to help!

  • @hagmalanum5001
    @hagmalanum50013 жыл бұрын

    Bakit parang napakadali Sir pag kayo po ang nagtuturo. God Bless Sir! Thank you po for these videos :)

  • @FilipinoAccountingTutorial

    @FilipinoAccountingTutorial

    3 жыл бұрын

    Wow thanks for that! Mag-aral mabuti 💛♥️

  • @louisedoria2518
    @louisedoria25182 жыл бұрын

    Thank you po sir! My confusion is already answered! Continue to make tutorial for us po!

  • @FilipinoAccountingTutorial

    @FilipinoAccountingTutorial

    2 жыл бұрын

    You're welcome, Louise 🙂 Hope this video will help you a lot ❤️ More tutorials to be uploaded soon. Mag aral nang mabuti 🙂

  • @johnphilippatrivo6087
    @johnphilippatrivo60874 жыл бұрын

    Thank you po sa video! Sobrang helpful po!

  • @FilipinoAccountingTutorial

    @FilipinoAccountingTutorial

    4 жыл бұрын

    You're welcome John!

  • @darrelbenzon9157
    @darrelbenzon9157 Жыл бұрын

    Under Net Method po. Bakit po kapag multiple discounts sa sales. Yung una lang po na credit term yung nagagamit? The rest 0 na po kapag nag record.

  • @sirjhemvlog2416
    @sirjhemvlog24165 жыл бұрын

    Thanknu so much Sir Jonathan

  • @FilipinoAccountingTutorial

    @FilipinoAccountingTutorial

    5 жыл бұрын

    Welcome Eric!

  • @mercy6107
    @mercy61073 жыл бұрын

    Thankyouuuu, I subscribed, so helpful explanation

  • @FilipinoAccountingTutorial

    @FilipinoAccountingTutorial

    3 жыл бұрын

    You're welcome Mercy. Sub is a great help to us 💛

  • @lourenceedanthonydamit9051
    @lourenceedanthonydamit90513 жыл бұрын

    Thank you po!

  • @FilipinoAccountingTutorial

    @FilipinoAccountingTutorial

    3 жыл бұрын

    You're welcome, lourence ❤️

  • @ichigousui501
    @ichigousui5014 жыл бұрын

    Salamat po

  • @FilipinoAccountingTutorial

    @FilipinoAccountingTutorial

    4 жыл бұрын

    Welcome!

  • @mae1462
    @mae14625 жыл бұрын

    Estimation for doubtful account and notes receivable po sana for ur next videoooo hehe

  • @FilipinoAccountingTutorial

    @FilipinoAccountingTutorial

    5 жыл бұрын

    Hi Eam! Meron ng doubtful account tutorial dito.

  • @christopheropena0123
    @christopheropena01233 жыл бұрын

    GOD BLESS PO SIRRRRRRRRRR :-)

  • @FilipinoAccountingTutorial

    @FilipinoAccountingTutorial

    3 жыл бұрын

    Thanks Christopher. Mag aral nang mabuti ❤️

  • @paulbengtay3729
    @paulbengtay37292 жыл бұрын

    Good day po, ask ko lang po, under net method, what if nagkaroon po ng return si merchandise y bago niya binayaran, ano po magiging entry?

  • @pandapoo5812
    @pandapoo58122 жыл бұрын

    What about when there is a sales return?

  • @christel9153
    @christel91534 жыл бұрын

    Bakit po sa allowance for freight ay credit agad to A|F|C pero sa Sales Discount ay at the end of the period pa mag entry ng credit to Allowance for Sales Discount

  • @Ilios1998

    @Ilios1998

    4 жыл бұрын

    It depends po sa discount period at kung lalagpas ito sa reporting period or end of acctg period. For example, 5/10, n/30 ang terms and nagka-transaction Dec 25 2019. Reporting date is Dec 31 and at that time, hindi pa bayad ang buyer, however eligible pa rin siya to claim since hindi pa nag lapse yung 10 days. Kailangan ng adjusting entry para hindi overstated ang Sales account and Accounts Receivables account. Take note also, Gross Price Method yan.

  • @francescordero2259
    @francescordero22595 жыл бұрын

    pwede pong vid about accounts receivable present and future value computation?

  • @FilipinoAccountingTutorial

    @FilipinoAccountingTutorial

    5 жыл бұрын

    HI Its Cece! Sige sige gawan natin ito ng video soon.

  • @melissaescobedo5512
    @melissaescobedo55124 жыл бұрын

    kapag po ba magco-compute ng sales discount kasama na ang VAT?

  • @christopheropena0123
    @christopheropena01233 жыл бұрын

    SIR ASK KO LANG IF UNG SALES RETURN PO NA INVOLVE USING GROSS AND NET METHOD MAY CHANGES DIN PO SA ENTRY? AND PAANO IF IF MERON ? SLMT PO

  • @justinelicuanan2874
    @justinelicuanan28743 жыл бұрын

    How about PFRS 15 method po, sir?

  • @jawwadibarreta9668
    @jawwadibarreta96684 жыл бұрын

    Paano po kung di nakapagbayad dun sa within 30 days?

  • @christel9153

    @christel9153

    4 жыл бұрын

    Nagiging 'past due' po yun subject for doubtful account sa Estimation of Doubtful Accounts

  • @sirjhemvlog2416
    @sirjhemvlog24165 жыл бұрын

    Estimation po ng doubtfull account

  • @FilipinoAccountingTutorial

    @FilipinoAccountingTutorial

    5 жыл бұрын

    Hi Eric! Watch mo yung bagong vid about doubtful accounts.

  • @asmaakterochin3087
    @asmaakterochin3087 Жыл бұрын

    can you give pdf file of this ?????

  • @nahvi7623
    @nahvi76234 жыл бұрын

    Paano po nalalaman kung anong method ang kailagang gamitin?

  • @FilipinoAccountingTutorial

    @FilipinoAccountingTutorial

    4 жыл бұрын

    Depende sa requirement ng problem

  • @venturamaluisa2607
    @venturamaluisa26075 жыл бұрын

    estimation of doubtful accounts po.😩

  • @FilipinoAccountingTutorial

    @FilipinoAccountingTutorial

    5 жыл бұрын

    Hi Sincerely Luisa! Watch mo yung new video about doubtful account.

  • @christopheropena0123
    @christopheropena01233 жыл бұрын

    SIR PAANO PO UNG ALLOWANCE FOR SALES RETURN AND SALES DISCOUNT? :( 'DI KO PO GAANO MAGETS SA BOOK E HSHAHSHAHS

  • @FilipinoAccountingTutorial

    @FilipinoAccountingTutorial

    3 жыл бұрын

    Hello Christopher. Parang katulad din sya ng allowance for bad debts. Dito naman, nagprrovide na ng allowances for sales returns and sales discounts based sa past experiences ng business. Hope it helps.

  • @christopheropena0123

    @christopheropena0123

    3 жыл бұрын

    OKAY NA PO SIR HEHEHE THANK U AND GOD BLESS PO, MORE POWER