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    MBA exam stress + laptop = rainbow ??

    Anything to avoid thinking about tomorrow's Accounting exam... here's a rainbow of Ruf : Ruf rainbow gallery.

    Makes a nice changing desktop background, if you stick them all in the same folder (on a Mac, anyway).

    Now - what goes in the Balance Sheet and what goes in the P/L Account again...? aargh

    Re: MBA exam stress + laptop = rainbow ??

    Assets, Liabilities and Equity on the balance sheet and fees/revenues flowing in monthly from any pending/receivable accounts to the P/L account of course

    Re: MBA exam stress + laptop = rainbow ??

    <mopsweatfrombrowandgivesaweakgrinsmiley>

    Re: MBA exam stress + laptop = rainbow ??

    Don't forget your debit and credit

    ;-)

    DR spanking new 997

    CR Big smile on face!


    Re: MBA exam stress + laptop = rainbow ??

    Here is some advise how to account for a car-purchase in case the car would be a Porsche:

    Stock equipped 997 = tangibles/ fixed assets column

    Items from option-list = intangibles / goodwill column

    And don't forget the impairment test for the goodwill items

    Best luck with your exam

    Re: MBA exam stress + laptop = rainbow ??

    Just get in your porsche, turn on your engine and let the sound of a porsche calm you down

    Good luck on your exam!

    Re: MBA exam stress + laptop = rainbow ??

    Quote:
    Porsche-Jeck said:
    Here is some advise how to account for a car-purchase in case the car would be a Porsche:

    Stock equipped 997 = tangibles/ fixed assets column

    Items from option-list = intangibles / goodwill column

    And don't forget the impairment test for the goodwill items

    Best luck with your exam



    On the income statement, just put your enjoyable Porsche experience under "Other Comprehensive Income"


    Re: MBA exam stress + laptop = rainbow ??

    What a heinous morning... gave myself 2 hours to make the 14 mile journey to my exam, and thanks to snow and some tw@t crashing on the city bypass, it took me 2 hrs 20 mins. Had a splitting tension headache thereafter, while I wrestled with NPV's and full vs. variable costing.

    So my Journey Time Variance was:
    (Standard Time less Actual Time) x Snowfall in inches

    .. or something. Reckon I passed, though.

    Re: MBA exam stress + laptop = rainbow ??

    I am SO glad that stuff is BEHIND me!

    Dan

    P.S. Great colors!

     
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