Things I Learn in Financial Accounting

My professor, over the last few weeks, explained in detail his struggle to pass a kidney stone.  Today, I learned that his blood has turned to vicodin, he is barely coherent, and when he pees, he is bleeding like a pig.

I would like to know if I should debit or credit that to my assets in knowledge.


One thought on “Things I Learn in Financial Accounting

  1. Yep, sounds like an accountant (or accounting professor). Here is all you need to know:

    1) Assets = Liabilities + Equity
    2) When in doubt, be conservative (in accordance with GAAP)
    3) Contrary to popular belief, accountants have no idea how much money a business makes “down to the penny”. This crap is all theory.

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s