World through Your eyes

great times. great moments.

helllo im backy back back. i really hate studying now. dunno why. truthfully i dun feel passionate abt exams. yea yea all of us dun. if i think positive abt it ... its a good way to lose weight! but den again why am i gaining so much layers of 'blubber' under my tummy skin. its a paradox! anyway i just have to keep on keeping on . seriously been thinking abt alot of things abt myself lately. when it was mother's day this year .. i was feeling down again. but after a good let-out... i thank God im still here with a blessed family and friends. its silly sometimes... i have a tendency to run away from life. run away from what i have to face. but where can u run to in life from yourself? indeed if i dun have the strength of God.. i dun think i could be where i am today. seeing the beautiful people i meet everyday. appreciating life like the sweet scent of the sea. :) i love sea. i just had a long chat with a ex-colleague of mine. feel quite sad that he's not happy at wor...

Our lecturer mentioned about this in the early lessons on Principle of Accounts.. If the business transactions are on credit terms with cash payments made later, Would you : 1) record the transactions only when cash change hands ? 2) Or record both : i.e. first the credit transactions and then the cash settlements later whn they occur ? Which will it be ? The answer is 2! For better information an for planning and control : The Realisation Concept identifies a transaction as 'realised' when it gives legal rights to the receipt or payment of money or other asset which can be assessed with reasonable certainty. So when a sale is made a trade debtor (account receivable) is created. When a purchase is made : a trade creditor (account payeble) is created. Accounts are all about records and records. In studying this subject .. apart from losing some hair .. i realise that it's pretty link to the issue of Faith. Many times its hard to come to believe until we have something we c...