:-) SMILE :-)

:-) SMILE :-)
A smile is an inexpensive way to change your looks

Saturday, December 18, 2010

$$LOVE LETTER IN ACCOUNTING TERMS $$

My dear GAAP

Darling this is my first business transaction with you, and I want you to know the level of consideration I have. Your account is open in the books of my heart. I feel we have some matching concept between us. You looked just like a Balance Sheet whose both sides are equal. I want you to glance at my trial balance from which the financial statements of our love have been prepared. Please, give a debit balance to my request in your books and see me as soon as you can. You will find that my financial statement shows a true and fair view. It has been prepared according to the provisions of the law of love and follows the principal of going concern. I eagerly wait for your acceptance to my offer. Trust me that my cost of goods sold statement would be appropriate for you and my income is more than my expenditure. According to the best of my knowledge and faith I feel that I can debit your account of love with zero bad debts. So just discount my bill of love in your love bank.
With all due diligence to my $LOVE$

Only Yours

IFRS

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