Wednesday, July 4, 2012

Debits and Credits (Gin and Juice)

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I find it utterly disgusting that no good songs have ever been written about accountants. Thusly, I have contrived this precious gem of melodical and lyrical wonderment. Special thanks to Snoop Dogg for his contribution of the moderately offensive tune "Gin and Juice". Here are the lyrics if you consider yourself enough of a Viking warrior to read them: With so much drama in the MAC Its kinda hard bein' a MAc student at AUB But I, I somehow, someway, calculate un- favorable variances every single day and, Can I do an income tax return now, for Momma G's? And figure out minimum pension liability? Don't you know its two in the mornin' and the party's still jumpin' Cause the audit's not done. I've got some tradin' securities gettin' it on, And they ain't leaving till they're recognized in income. So, what you wanna do? I've got the Internal Revenue Code now and my homeboys do too. Decrease payables when you pay your bill, but But don't amortize goodwill. And we're gonna depreciate fixed assets, Straight-line, double-decline, or sum-of-the-years digits. And I'll be waitin' till April 15th joint costin', workin' on my calculator Laid back, with my debits on my credits and my credits on my debits. I've got me some cash flow charts. Shipping or receiving where should I start? Now, bonds are issued greater than face all the time. You've gotta amortize your premium before I can amortize mine. Think its time we listen to Dr. Andy He's got that final Capstone project that be ...
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