09-18-2002, 09:14 PM | #131 | |
John Locke
Join Date: February 7, 2002
Location: Edmonton, Canada
Age: 35
Posts: 8,985
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09-18-2002, 09:20 PM | #132 |
Ironworks Moderator
Join Date: March 1, 2001
Location: Upstate NY USA
Posts: 19,737
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HI!! I'm popping in for a few minutes before doing some more cleaning. Got my family coming on Friday.
Just watched Enterprise and ate dinner. Had a good game of multiplay BG2 with some friends and we're kicking some major butt with our team! This may be the one where I finally finish BG2...someday... LOL.........
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"Don't take life for granted." Animal (may he rest in peace) |
09-18-2002, 09:24 PM | #133 | |
John Locke
Join Date: February 7, 2002
Location: Edmonton, Canada
Age: 35
Posts: 8,985
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09-18-2002, 09:56 PM | #134 | |
Gold Dragon
Join Date: June 18, 2002
Location: Wolfville, NS / Calgary, AB
Age: 36
Posts: 2,563
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[img]\"http://i44.photobucket.com/albums/f13/true_moose/Siggy.jpg\" alt=\" - \" /> |
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09-18-2002, 10:48 PM | #135 | |
Drow Priestess
Join Date: March 13, 2001
Location: a hidden sanctorum high above the metroplex
Age: 54
Posts: 4,037
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A General Journal entry is a record of a transaction entered from a T-form ($500 debit to my bank account, $500 credit to sales income, for example); a journal entry may be a compilation of many simple two-sided entries (every sales receipt gets logged against sales income, even though each sale was logged into separate customer accounts). The General Ledger is the entry book for all journal entries. Forget what you think of when you hear "debit" card and "credit" card. A debit increases the balance in asset and expense accounts (like a bank account, inventory asset, or accounts receivable). A credit increases the amount in liability, income, and equity accounts. I think of them this way--a debit AX up (asset, expense) and will LIE down (liability, income, equity); a credit is just the opposite. Combine this information with the fundamental accounting equation "assets = liabilities + equity" and you've covered the first 2 or 3 chapters of most beginning accounting books. Accounting is one of those subjects, like calculus, that you keep studying until you wake up one morning and suddenly understand it. [img]graemlins/petard.gif[/img] Now that I have totally bored the general listening audience [img]graemlins/laugh3.gif[/img] I will progress on to other matters. Well, if you wanted to be really bored I could always talk about actuarial science and IBNR calculation.... [img]graemlins/saywhat.gif[/img] [img]graemlins/idontagreeatall.gif[/img] Belle outscored me in tennis again. Oh, well, it's all for fun anyway. [img]graemlins/beigesmilewinkgrin.gif[/img] I see also that kitcat, the littlest big cat, has cornered another victim. The poor little cricket.... [img]graemlins/laugh3.gif[/img] That's about enough typing for now. Good evening! [img]graemlins/petard.gif[/img]
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Everything may be explained by a conspiracy theory. All conspiracy theories are true. No matter how thinly you slice it, it's still bologna. |
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09-18-2002, 10:53 PM | #136 |
Symbol of Bane
Join Date: November 26, 2001
Location: Texas
Age: 75
Posts: 8,167
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Hi, Azred [img]graemlins/wavey.gif[/img] li'l black kitty ne'er came back, but, Gal seems to have forgoten about it. Gotta say good night, all. Way too late for me.
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Even Heroes sometimes fail... |
09-19-2002, 08:36 AM | #137 |
Symbol of Bane
Join Date: November 26, 2001
Location: Texas
Age: 75
Posts: 8,167
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Morning, everybody. Sorry to double-post, but have got to get Cloudy's out of the bottom of the page. Hope all is well, it's raining buckets, here, and we needed it. Texas is where, when you come to church Sunday morning, and the congregation is smiling, you know that it rained Saturday night.
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