Eh yo.
Tomorrow's the big day.
For many small stuff.
Its the release of 'O' level MT results, I think.
And tomorrow is my big day, the day when I take POA.
After I blog, I'm going to write out all my notes.
I MUST TOP POA!
And I can do it.
I recall Yekai's joke already.
Fizzy : Anyone has a tissue to lend me?
Me : I do, you want?
Fizzy : Give me.
Me : Okay, treat me cheese fries after this.
Fizzy : Who needs your bloody tissue?
Yekai : The tissue is not bloody, its white.
I'm was laughing like mad -.-
[edited]
Golden Concepts.
1. Accounting Entity - only activities carried out by the business should be recorded in its books.
2. Going Concern - A business is assumed to carry on operating indefinitely unless there are signs that it has to stop.
3. Accounting period - Business life should be recorded in periods.
4. Matching - Every expense should be matched against the income to determine the profit and loss for the year.
5. Realisation - Income should only be recorded in the year of sale.
6. Accrual - Record an expenses's full amount regardless of whether cash is paid or recieved in the accounting period.
7. Monetary - Only transactions that can be expressed in monetary terms should be recorded.
8. Objectivity - Information used or reported should be objective, so that others can rely on it.
9. Historical Cost - Items should be recorded at the amount paid at the time of purchase.
10. Materiality - This requires the disclosure of information that have a serious affect on desicion making.
11. Prudence - A business should record amounts that would less understate any losses and less overstate profits.
12. Consistency - A business should be consistent in the accounting methods from period to period for fair comparism.
Thats all (;
[/edited]
I'd like to share 2 videos with you guys.
!st, Ryan Higa's Helga Fawntanilla.
2nd, Miley Cyrus's 7 things.
Watch them. (;
This is seriously FUNNY.
Every part of it man.
The song is nice :D
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