Elite Fitness Bodybuilding, Anabolics, Diet, Life Extension, Wellness, Supplements, and Training Boards
Chat & Conversation Credit and Debts....Credits and Debts....
|
Author | Topic: Credit and Debts....Credits and Debts.... | ||
Guru Posts: 2736 |
I hate them...accounting takes the simpliest concepts and mangles them to piss you off....my new accounting general rule: what does common sense indicate....then do the opposite ...voila...A's in accounting PS...its Debits [This message has been edited by AGENT SHAGWELL (edited January 25, 2001).] | ||
Elite Bodybuilder Posts: 1206 |
Cool - the George Costanza method...hmmmmm...maybe I should try it on zee womens....hhehe | ||
Freak Posts: 1600 |
calm down shaggy, take deep breaths, ready... in with the good, out with the bad, in with the good, out with the bad.... there now, better? Ok reay, 2+2=? | ||
Elite Bodybuilder Posts: 1025 |
it's good your taking a accounting class! most people can't account their own ass! we all are told to go to school get a good education, get a good job, and work up the corporate ladder! that is the biggest bunch of bullshit i was ever told. learn how to account and manage, and learn how to make your dollars work for you, and you will live a much easier life! learn the difference between assetts and liabilities! a good book on this subject is rich dad, poor dad by robert kiyosaki! ------------------ | ||
Pro Bodybuilder Posts: 582 |
debts or debits? | ||
Guru Posts: 2837 |
I really should take an accounting and finance class, so I can learn enough about my portfolio to ditch my 2-bit stock broker... | ||
Elite Bodybuilder Posts: 1025 |
i think they should start teaching those things in high school thick dog!!! ------------------ | ||
Pro Bodybuilder Posts: 402 |
They do teach it in highschool. I took it in 9th grade. My teacher was a dickhead though and couldn't teach. ------------------ | ||
Guru Posts: 2736 |
Fist...yes its debit...but this is accounting not english class deary .... I just think its pretty much common knowledge if you think about it...problem is the terms that mess you up..... Thick....the major accounting principle: | ||
Guru Posts: 2807 |
Shaggy what's your problem one of my degree's is in accounting. ------------------ | ||
Guru Posts: 2736 |
Wodin...I don't really have a problem, cause I get it right, just as long as I go the opposite of what common sense tells me ...heres a simple example...your company purchases company supplies.....while common sense would tell me to debit cash, and credit supplies...in accounting you credit cash and debit supplies [This message has been edited by AGENT SHAGWELL (edited January 25, 2001).] | ||
Guru Posts: 2837 |
Wodin, I've taken a nice blow to the nuts with Microsoft and AOL in recent times, how about yourself? | ||
Pro Bodybuilder Posts: 582 |
ok, you are a terrible speller, shags; i just thought maybe you were talking about a term i have never encountered before. | ||
Guru Posts: 2807 |
Td - I know what you mean. I've got plenty of both companys, just take the long term view and you will more than recover. AOL just finished it's mega merger and will be pumping more media services out through their software portal. MS is going web based so I see them ruling a market segment that the guys @ Java and oracle have tried but failed in. Shagwell - Remember this. You buy an Asset its a debit You buy debt its a Credit You buy (earn) equity is a dedit
[This message has been edited by WODIN (edited January 25, 2001).] | ||
Freak Posts: 1692 |
Accounting is not that bad. I am actually thinking of going back to school for accounting. Thick, I have a finance degree, and accounting classes. I might be able to answer some of your questions. ------------------ | ||
Guru Posts: 2736 |
wodin...thanks for the edit...its all so much clearer to me now....thanks for you help...its just what the book says...I think my problem is I view the accounts like a money account, verses the types of accoutns they are....... | ||
Guru Posts: 2837 |
Oracle is still a relatively good buy right now. MP-5, where did you get your degrees? One of my best buddies is getting a double Master's in Finance and Business Management at the Univeristy of Miami. He is my best source for trading info... |
All times are ET (US) | |
Powered by Infopop www.infopop.com © 2000
Ultimate Bulletin Board 5.45c