Review on Selected Accounting Topics: Computation of Bonus to Partners

Reference: Advanced Accounting Vol. 1 by Sir Antonio Dayag

#BonusComputation #BonusToPartners

Timestamps:
00:00 Recap of Bonus Computation
02:58 Bonus is based on net income before bonus, salaries, and interest
05:24 Bonus is based on net income after bonus, but before salaries and interest
08:14 Bonus is based on net income after bonus and salaries but before interest
11:26 Bonus is based on net income after bonus salaries, and interest
14:04 Bonus is based on net income after salaries but before bonus and interest
15:43 Bonus is based on net income after interest but before bonus and salaries
17:11 Bonus is based on net income before bonus but after income tax
19:31 Bonus is based on net income after bonus and income tax

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Certified Public Accountant


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Basic Accounting Playlist:
https://www.youtube.com/watch?v=vKRz4krHrww&list=PLl-IwImaCVm7FDTaw6Xh5urQM9HYWFRau

Partnership and Corporation Accounting Playlist:
Partnership: https://www.youtube.com/watch?v=oh6gewWpt80&list=PLl-IwImaCVm5nGgG-k4FmlEwLMzbfQdpF

Corporation: https://www.youtube.com/watch?v=bfyH0boL8FA&list=PLl-IwImaCVm5il_cN30ViZqzfg1a3ljNs

Conceptual Framework and Accounting Standards Playlist:
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Intermediate Accounting Playlist:
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Accounting for Special Transactions (Advanced Accounting) Playlist:
https://www.youtube.com/watch?v=oh6gewWpt80&list=PLl-IwImaCVm6dbAtsehw3fM7FvVPFOqC0

Cost Accounting Playlist:
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