Ok ok....i'm updating my blog now...... For those who said i FAIL as a blogger, here's something that could be LAME for U!.....
This holiday is such a sheer boredom!!! So, i managed to make use of my time by creating a new intepretation of accounting concepts! The new definition for each of the following concepts are as follow:
Going concern- Continuous care & concern for friends.
Prudence concept- Understate doubt & overstate trust towards friends.
Accrual concept- Recognising help received or given to friends regardless of when it is repaid.
Legal entity- Friends are seen as one in the eyes of friendship law!
Not bad eh? Anyone wants to add something to this?? Well, there are many concepts left....ThinK!
5 comments:
Opponent party :
Accounting Entity - any affair (financial n non-financial n scandals) should be kept seperated from each other as everyone is a seperate entity... so, no geipo-ing... LOL...
Historical cost - muz keep old fren as musty old record... n hor,as it has limitation - do not reflect current market value ---> SO... need 2 dump de historical fren.... LOL....
Materiality - no use dun need 2 considered... LOL...
Accounting period - everything gained or lost in that period u noe him or her must be closed off and will never appear at de next phase of life.... LOL....
Juz kiddin.. Frens is 4ever, whenever, wherever, watever... Perhaps de watever dun hav la... LOL... Blue-ing...
yah, i got one.
comparability: friends must be able to be compared with each other to allowed better decision to be made when determining whether they are good friends or not.
relevance: only relevant friends are made to ensure they do not affect your everyday's decision. irrelevant friends like those who come and kepoh kepoh must be totally omitted
Consistency
No treatment to one friend should be better of treatment to another. Friendship should be of equal value regardless of background....
excellent!!! not bad not bad.... seems u guys really think out of the box... fantastic meaning...haha...
Look like you really free at home.
=.=
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