FAR | PROPERTY, PLANT AND EQUIPMENT PART 3 | DEPLETION

#FAR #FinancialAccounting #PPE #PFRS6 #Depletion
This video is the third part of the series of lectures and discussions about accounting for property, plant and equipment in accordance with PAS 16. This series focuses on the other standards related to the various aspects of accounting for property, plant and equipment. The video talks about the nature of wasting assets and the concept of depletion of these assets. A related standard PFRS 6 on evaluation and exploration is also discussed.

If you want more Financial Accounting videos, just click on the playlist.

Don't forget to like this video and subscribe to my channel!

~~~
Facebook: AJ Cresmundo
Twitter: @ajcresmundo
Instagram: @ajcresmundo

[richellegacita]

Thank you sir. Actually topic namin to ngayon. I'm a 2nd year Accounting student.

[jemmalynaloc]

Ask ko lng po dun sa illustrative example bakit hindi ginamit yung output method in depreciating the equipment dun sa case na mas shorter yung wasting asset life ni equiptment? ty po

[codieanino]

What's the difference in calculating between Depletion charged during the period and Depletion expense during the period?

[not_wiyonee]

Ty sir, kanina ko pa binibinge watch ung channel mo .

[artbyn_]

B po
mas short po ang useful life ng WA so gamitan po ng output method instead of the straight line method of depreciation and yung 240 000 na allocated sa land serves as the land value, hence, the residual value :)

[jonathanlaureta]

It is such a great help po. Thankyou ❤️

[xxxxbl]

Hello Sir! Saang review center po kayo nag tuturo?

[ckarenkaizia]

sir pwede po ba magrequest?? investments in associates po sana

[pleaseremindmetostudy]

Question lang po. Bakit po 720, 000 Depletion? Half year lang po siya nag simula diba po?

[stefanysantos]

pano po nakuha ung 300, 000 na cost of sales year 2

[dianedaite]

Hello po, How to know po if ang useful life ay mas shorter than the WA? Pwede po bang magtanong how to get the depreciation sa problem po which is 360k?

Thank you po and Happy new year! 🤗

[goju_Mink]

can you actual solving po para makasabay kami sir ? thanks

[noelalbertperez]

Kahawig niyo po at kaboses si Juan Miguel Severo sa video niyo hahaha jkjk.

[angeljimenez]

Hello po. pwede po ba makahingi ng copy ng ppt?