{"id":414,"date":"2006-01-20T04:06:39","date_gmt":"2006-01-20T12:06:39","guid":{"rendered":"http:\/\/www.wiredatom.com\/blog\/?p=414"},"modified":"2006-01-20T04:11:54","modified_gmt":"2006-01-20T12:11:54","slug":"accounting","status":"publish","type":"post","link":"https:\/\/www.wiredatom.com\/blog\/2006\/01\/20\/accounting\/","title":{"rendered":"Accounting"},"content":{"rendered":"<p>I am taking an accounting class this quarter at UCSC. It made me realize one thing within the first 40 minutes of the class &#8212; ACCOUNTING SUCKS.<\/p>\n<p>Jesus Christ&#8230; accounting is possibly the single most boring class I have ever taken in my life (maybe Algebra Trig in high school too&#8230; but that was because the teacher was boring; and I hated math). The instructor tried to make the class fun by staying lively and throwing a few lame jokes from time to time. And by repeating the same information over and over again (&#8220;<i>Assets = Liabilities + Owner&#8217;s Equity<\/i>&#8221; ), some things actually stuck to my head&#8230; But my goodness, I thought I was going to die from mental dehydration sitting in that class (a full house)&#8230;. And the fact that I was still recovering from food poisoning probably didn&#8217;t help either.<\/p>\n<p>We went through the entire exercise of using T-Accounts to figure out the proper way of &#8220;crediting&#8221; and &#8220;debiting&#8221; (and it&#8217;s not the same as debit\/credit cards!), generate general journal entries, posting journal entries to general ledger, then do a trial balance, and finally generate the four financial statements (income statement, statement of retained earnings, balance sheet and finally statement of cash flow).<\/p>\n<p>I don&#8217;t know how I am going to survive the next nine classes (at 4 hours each). But I have a feeling merely having enough sleep prior to the class isn&#8217;t going to do the trick&#8230; And oh, she has three fricking exams! Argh&#8230; <\/p>\n","protected":false},"excerpt":{"rendered":"<p>I am taking an accounting class this quarter at UCSC. It made me realize one thing within the first 40 minutes of the class &#8212; ACCOUNTING SUCKS. Jesus Christ&#8230; accounting is possibly the single most boring class I have ever taken in my life (maybe Algebra Trig in high school too&#8230; but that was because &hellip; <a href=\"https:\/\/www.wiredatom.com\/blog\/2006\/01\/20\/accounting\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Accounting&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[7,6],"tags":[],"class_list":["post-414","post","type-post","status-publish","format-standard","hentry","category-day-to-day-life","category-rant"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p54IqZ-6G","_links":{"self":[{"href":"https:\/\/www.wiredatom.com\/blog\/wp-json\/wp\/v2\/posts\/414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wiredatom.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wiredatom.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wiredatom.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wiredatom.com\/blog\/wp-json\/wp\/v2\/comments?post=414"}],"version-history":[{"count":0,"href":"https:\/\/www.wiredatom.com\/blog\/wp-json\/wp\/v2\/posts\/414\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.wiredatom.com\/blog\/wp-json\/wp\/v2\/media?parent=414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wiredatom.com\/blog\/wp-json\/wp\/v2\/categories?post=414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wiredatom.com\/blog\/wp-json\/wp\/v2\/tags?post=414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}