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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
Galing mo Jonathan. Keep it up. Pag Accountancy namin si Chon. Ikaw magturo. 👍🏻
This channel is the best!!
@FilipinoAccountingTutorial
4 жыл бұрын
Thanks Theresa! 💕
Thank you po! Notes Receivable naman po next. God bless.
@FilipinoAccountingTutorial
5 жыл бұрын
HI Abby! Welcome
more videos pa po sa lahat ng subjects
Salamat more Sana more pa po. Allowance method po
@FilipinoAccountingTutorial
5 жыл бұрын
Hi Jessie! Malapit na yan. You're welcome.
you are a life saver po!!!! keep doing tutorials po :))
@FilipinoAccountingTutorial
4 жыл бұрын
Thanks Nicole! Yes more videos pa soon
Thank you po. Ang galing niyo mag-explain. 💜
@FilipinoAccountingTutorial
4 жыл бұрын
Hi Precious. We are happy to help!
Bakit parang napakadali Sir pag kayo po ang nagtuturo. God Bless Sir! Thank you po for these videos :)
@FilipinoAccountingTutorial
3 жыл бұрын
Wow thanks for that! Mag-aral mabuti 💛♥️
Thank you po sir! My confusion is already answered! Continue to make tutorial for us po!
@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 🙂
Thank you po sa video! Sobrang helpful po!
@FilipinoAccountingTutorial
4 жыл бұрын
You're welcome John!
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.
Thanknu so much Sir Jonathan
@FilipinoAccountingTutorial
5 жыл бұрын
Welcome Eric!
Thankyouuuu, I subscribed, so helpful explanation
@FilipinoAccountingTutorial
3 жыл бұрын
You're welcome Mercy. Sub is a great help to us 💛
Thank you po!
@FilipinoAccountingTutorial
3 жыл бұрын
You're welcome, lourence ❤️
Salamat po
@FilipinoAccountingTutorial
4 жыл бұрын
Welcome!
Estimation for doubtful account and notes receivable po sana for ur next videoooo hehe
@FilipinoAccountingTutorial
5 жыл бұрын
Hi Eam! Meron ng doubtful account tutorial dito.
GOD BLESS PO SIRRRRRRRRRR :-)
@FilipinoAccountingTutorial
3 жыл бұрын
Thanks Christopher. Mag aral nang mabuti ❤️
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?
What about when there is a sales return?
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
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.
pwede pong vid about accounts receivable present and future value computation?
@FilipinoAccountingTutorial
5 жыл бұрын
HI Its Cece! Sige sige gawan natin ito ng video soon.
kapag po ba magco-compute ng sales discount kasama na ang VAT?
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
How about PFRS 15 method po, sir?
Paano po kung di nakapagbayad dun sa within 30 days?
@christel9153
4 жыл бұрын
Nagiging 'past due' po yun subject for doubtful account sa Estimation of Doubtful Accounts
Estimation po ng doubtfull account
@FilipinoAccountingTutorial
5 жыл бұрын
Hi Eric! Watch mo yung bagong vid about doubtful accounts.
can you give pdf file of this ?????
Paano po nalalaman kung anong method ang kailagang gamitin?
@FilipinoAccountingTutorial
4 жыл бұрын
Depende sa requirement ng problem
estimation of doubtful accounts po.😩
@FilipinoAccountingTutorial
5 жыл бұрын
Hi Sincerely Luisa! Watch mo yung new video about doubtful account.
SIR PAANO PO UNG ALLOWANCE FOR SALES RETURN AND SALES DISCOUNT? :( 'DI KO PO GAANO MAGETS SA BOOK E HSHAHSHAHS
@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
3 жыл бұрын
OKAY NA PO SIR HEHEHE THANK U AND GOD BLESS PO, MORE POWER