life accounts

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  • 8/13/2019 Life Accounts

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    When you were Born.

    Its the Opening of the Financial year.(.1.4.XXX)

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    Your

    Is like Journal Entry.

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    When You meet someone.

    Its a Transaction

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    When you make someone Smileor Someone makes you Smile!!!!!!!

    Its a Contra Entry!!!!

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    When You Help Someone andyour help is Acknowledge

    Its like, Cash Sales!!!!!!!!!

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    When you Help Someonewithout any Acknowledgment..

    Its Credit Sales..

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    When Someone Helped You andYou are Thankful to them.

    Its like, Cash Purchase!!

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    When Someone Helped youandYou are not Thankful for it..

    Its Credit purchase.

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    When you Hurt Someone.

    Its like Abnormal loss..

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    Making Apology for the same.

    Its like, Insurance Claim Recovered..

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    When Someone Hurts You.

    Its like, Bad Debt

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    Forgiving their Mistakes.

    Bad Debt Recovery..

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    When You are Married..

    Its like, Amalgamation..

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    Becoming Parents

    Its like, Conversion of Firm into a Co.

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    When Your Children Starts takingtheir own Decisions

    You are Subsidiary they are your

    Holding Co.

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    When your Children Left you.

    Its like, Demerger.

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    When you will Die

    Its the End of Financial Year..(31.3.xxxx)

    h f h

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    What After your Death?????

    The Assessment Year starts

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    All your files are posted to..

    Gods Chartered Accountant.

    Chitragupta Maharaj

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    He will Vouch and Prepare.

    Your Balance Sheet!!!!

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    N THE BOOKS OF HUMAN NO XYZBALANCE SHEET FOR THE LIFE ENDED

    LIABILITIES

    PARENTS (CAPITAL)

    Add : FORGIVENESS

    Add: HELPING OTHERS

    Add: HONESTY

    Add: TRUTHFULNESS

    Less: EGO

    Less: VANITY

    Less: JEALOUSYLess: OVER CONFIDENCE

    Less: BEING RUDE

    GOD (RESERVE AND SURPLUS)

    IF YOU BELIEVE IN HIM

    YOU BOSS (BANK LOAN)

    PERSONS WHO HELPED YOU (CREDITORS)

    LOVE (CONTIGENT LIABILITY)

    FORGIVENESS (OUTSTANDING SALARY)

    G/F (BILLS PAYABLE)

    TOTAL LIFE

    ASSETS

    CA STUDENT (GOODWILL)

    CONFIDENCE (COPY RIGHT)

    HOPE (PATENTS)

    FRIENDS (FIXED ASSETS)

    PERSISTENCE ( P & M)

    LUCK (FURNITURE)

    RELATIVES (INVESTMENTS)

    PERSON WHOM YOU HELPED (DEBTORS)

    PATIENCE (CLOSING STOCK)

    NEIGHBOURS (FICTICIOUS ASSETS)

    GOD (P/L A/C. DEBIT BALANCE)

    IF YOU DONT BELIEVE IN HIM

    BEING HAPPY (CASH & BANK)

    LIFE