I sat in on Dr. Ibarra's class today.

Jun 23, 2010 07:21


It's hard to "weigh" if it'd be beneficial for me to sit in on Dr. Ibarra's class, but I'll try.

*Currency: RP = Reg points =)) Para naman may common denominator ang mga ito; parang (money) measurement concept of accounting. :>

SORRY ANG SABAW NITO CORPORATION

Balance Sheet
As of June 22, 2010

Assets
Current Assets:
   Full knowledge of the topic ............................................................................................. 10 RP
   Taught what we "needed to know," even if beyond the scope of the current chapter ....   5
   Challenges her students with HWs, seat works, quizzes (not sure if graded) ...............   8
   Funny-ish; nagjojoke din naman siya :)) ........................................................................   1     
Total Assets                                                                                                                        24 RP

Liabilities
Current Liabilities:
   Assumes you've read the book (hmm, not really a liability?) .. 1 RP
   High expectations ................................................................... 2
   Very fast pace ......................................................................... 4     
Total Current Liabilities                                                                                                      7 RP

Long term debt
   Goodbye Metaphysics (this sem) :( .............................................................................. 14     
Total Liabilities ................................................................................................................. 21 RP

Owners' Equity
SECRET/Idk what in my situation analogous to this :)) ................................................... ?????

Total Liabilities and Owners' equity .................................................................................. 24 RP

Using the dual-aspect concept of accounting,

Total Assets          24 RP
- Total Liabilities   (21 RP)
Owners' Equity      3 RP

.: Owners' Equity/Residual Interest/Net Assets = 3 RP

Conclusion/Rationalization:
This makes me sort of want to continue sitting in on Dr. Ibarra's class. Accounting would really take up a lot of my time and requires much reading/exercises if I were to get an A (IF EVER pwede).

Anyway, I can always take Metaphysics another time. Right? :)

P.S. "Sit in ON a class" pala. I checked Google first because I was supposed to write "sit in in." :))

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