Tag Archives: silly

Will this turn into an Accounting Blog?

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I am not sure. I miss writing Literature note to balance the Commerce portion here. But now I am giving that sh*t up. Oh well.

Today I will continue from where I left off yesterday..

Rate of Stock Turnover:

Y’all need to know the frequency of use/sale of stock 😮 The higher the frequency, the higher shortage of stock (causing you to spend more money on rent, utilities, etc for maintaining stock) :I. Turnover means yield…..interesting. Yield from stock!! 😮 *facepalm* The business needs to sell as fast (and furious-Ly) possible without losing profitability.

Cost Of Goods Sold/Average stock (Averaging the opening and closing stock, mothaf*cker!) Calculated in “Times”.

Liquidity Ratios:

Liquid means “The ability to convert an asset to cash quickly.“………..That’s all folks :I I don’t want to study this shit nor more AAAAAhhh!!!!!!!!!!

 

Image by Paul Militaru

Tidbit of Accounting

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“Had enough of studies, did ya,” The doll stares.

It’s so hard to concentrate. But I learnt I needed to concentrate with this blog 😮 It’s more fun this way. OK. Please wait a second, let me read what I am about to teach xD

It’s been a minute and I am back! No, I won’t write nonsense things anymore xD

OK, to stop the nonsense……

Continue reading →

Day 6. Accounting.

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Yeah. Kind of didn’t want to update the last couple of days xD

So, without further ado..

What’s accounting? Why the f*ck do we need it?

Damn. Well, accounting. Hmm….we need it because we like control. We like having an order (except me, I am too lazy) and we don’t want uncertainty. It’s our basic need to be safe. To not want to worry. People with OCD, like me, will know what I mean: There’s no such thing as being too careful. And accounting, if you learn it, you will know all the pathetic sh*t businesses sweat over, all the petty things they record, just for the fear of uncertainty in businesses.

But, in accounting terms, (LOL) accounting means classifying (well, duh. We aren’t going to pick crap because this maths is crazy big.But we still do because….uncertainty!) and summarizing (I don’t understand this part, but I think it has something to do with doing the maths thing) transactions and events.

Image: Paul Militaru

Day 1: Accounting

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Join me as I gather magical gems from the perplexing AS Accounting.book (but I hope the crap I am giving here is easy crap).

But these can be wrong too; don’t sue me if you find a mistake D: Feel free to call me out whereever I am wronggggaaa (No, that’s not the wrong way to say wronggggaaa) Continue reading →

Mon Never Learns

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Hi. I am Mon. I am delicious. I am also a lazy-ass person.

I am 19 years old (I find 19 year-olds in First-Posts 70% of the time :o). I am Woman, hear me score (exam marks. I just wanted it to rhyme, Doh. Cheers with a cup of healthy Green Tea to that!).

I created this space to note down specific things I learnt from Textbook(ies). I will sit for A’ Levels for Business Studies, Accounting and Mathematics. That’s a crazy combination of subjects, meknows (if youknows).

This isn’t my first time blogging; I blog at Transcend (FOLLOW ME I AM A DESPERATE HOUSEWIFE NOT!! ) to share my daily musings, often with a touch of silly(sious)ness.I am funny(sious). Now I am not(sious)

The Title of this blog, Mon Never Learns, is the reason for this blog: Umm…is that, Mon Never Learns (Mon is me, in case you skimmed through the post :P) Besides textbooks, I have to get hit in the head for life to teach me anything.

The strange tag-line, Theoritics + This Feely ImagiNative, is to show you guys that education is basically theoritics 😦 And I wish I learnt it the fun way. I am a Native of my (crazy) emotions and (of course, crazy) Imaginations. Hence, ImagiNative.

Did you read through that? In that case, enjoy ma’ babies (Babies=blogs; You won’t get it unless you’re a blogger)

Image Credit: My good friend Paul 🙂