Please attend another microeconomics lecture timeslot :]
Labels: updates
6:46 PM By bsg1B23
Labels: random
9:51 PM By bsg1B23
The MOST ANTICIPATED
EVENT OF THE YEARRRRrrrr
IS HERE!!
and this is not possible without
your endless contribution of
$4 Bucks that make this happened!
---
!Attention!
Fish Balls - 60 Pcs
Otah Otah - 30 Pcs
Hot Dog - 6 Packets
Ailing, Ser Shu Ying, Ying Jia, Jane, Shilin & Yvonne.
Budget Given : $30
----------------------------------------------------
Hsmac ala Richard+Quxin
Feat Richard Junior
Corn - 5 Pcs
Potatoe - 10 Pcs
Mashmellow - 1 Packet
Drinks - 6 Bottle
Ice - 2 Packets
Amanda, Clive, Helmi , Richard, Quxin, & Richard Junior
Budget Given : $30
----------------------------------------------------
The Gang.
Cup(Plastic) - 30
Plates - 30
Fork - 30
Spoon - 30
Chilli Sauce - 2 Bottles
Aluminium Foil - 1 Box
Valerie, Darilyn & Yuwen
Budget Given : $40
----------------------------------------------------
Mango 6
Charcoal - 2 Bags
Fire Starter - 2 Boxes
Tongs - 2
Serviette - 2 Packets(30 Pcs roughly)
Butter - 1 Container(Small size)
Honey - 1 Bottle (Medium size)
Satay Sticks - 1 Packet
Wire Gauze - 2
Odelia,Hang Tong , Darren , Jemaine , Jiajun & Nico
Budget Given : $40
----------------------------------------------------
Bee Hoon Food
Chicken Marinate
Shahida
Budget Given :$45
BBQ Pit $20 - Yuwen(To be refund back)
----------------------------------------------------
Sub total: $205
Total Fund : $296
Class Fun remaining: $91
The $91 will be use on the day
incase shortage etc.
*Notes*
Not Attending : Aybel
Faatimah
Mankirat
All above are on holiday.
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
"I don't care if you got a milli yaw!"
ps/ i dont know this blog setting is weird,it cramps word together even
after "enter-ing" so many times.
till then,
Mohd Helmi
8:56 PM By bsg1B23
Ris Low new words http://lifestyle.sg.msn.com/commented/article.aspx?cp-documentid=3748435&page=3
Labels: random
8:42 PM By bsg1B23
I noticed that the whole lecture was alright for most of us except for one part which is the changes in the current assets and current liabilities under the cash flows from operating activities:working capital changes. People start wondering why would increase in a current asset decreases cash and why increase in a current liability increases cash. etc. So I decided to post in 1B23 blogspot to help you guys out.
First of all, you have to memorize the format of a cash flow statement(compulsory). However, you don't have to memorize the changes in working capital. Meaning that you don't have to memorize increase in current assets=cash outflow, increase in current liabilities= cash inflow.I will teach you my method,it's fast and easy.
All you have to do is to think of the fundamental skill that you learned which is the double entry rule.
Example:
Increase in inventory(current asset).You imagine you are purchasing inventory using cash.So the double entry is Debit inventory, Credit cash.
Credit cash= decrease cash due to the fact that cash is debit nature.
So there you go...this explains why an increase in a current asset decreases cash. You don't have to memorize anything at all. Just use my method.
My method is applicable to all the 4 situation(increase/decrease in current asset,increase/decrease in current liabilities).
Another example:
Decrease in current liability. Imagine you are paying cash to your creditor for amount owed. So the double entry is debit creditors, credit cash. Therefore,credit cash means decrease in cash.
This is not important for now as lecture 7 is not tested in our mid sem test but it will definitely be tested in our class test and end of sem test.
That's all.Thanks,I hope my method is able to help you.
10:28 PM By bsg1B23
Please remeber it is on a first come first served basis =]
Vacation CDS is from 28March - 3April
Place that you will be visiting Beijing, China and the estimated cost is $1700
Transnational CDS 26 March - 9 April
Place that you will be at TP Hostel for 3 weeks and the estimated cost is $100.
Labels: updates
3:28 PM By bsg1B23
