Root beer

I wonder if Kiffin believes in karma after this event? Maybe now he will keep his mouth shut, he been getting embarrassed every since his arrival in Knoxville running his mouth to the media. I remember something like this "I will not tolerate misbehavior on this football team, I will not hesitate to suspend and kick off players". Wonder if he kick off these guys? Oh yeah, I thought it was my duty to inform all my classmate from high school that goes to UT, that if they see bunch wanna be thugs walk up to them, don't worry it just a pellet gun. ;D I'm not a very popular guy this week on campus. ;D I feel like I'm behind enemy line.

I just beat the campaign on regular. It hinted me there going be another... :-X Anyhoo, Dan, I just realized we was friends on xbox live...lol. Hit me up an invite to play a round or two.

I wish I was on the guy that faux news called to talk to the game about. I would ask "why are you attacking Call of Duty when that level where you play an undercover terrorist is no different than Grand Theft Auto?" This is all B.S. Call of Duty real popular this week, thus, they thought they could gets some viewers this week by questioning Call of Duty. Get a grip, it all comes down to parenting. Besides, what different between a game violence, and a movie violence? What about a simple boxing game, wouldn't that be violence? Just because you can punch crap out of somebody on video game, doesn't mean you go onto play ground and do a reenactment. Geesh. : Chill out folks. And those of you with kids that want video games, just teach them different between right and wrong and help them have a healthy social life, they will grow up just fine. What my parents did to me.

Tuesday, when I got home from picking up the game, I was already in a match with someone at level 30.... This was like 3-4pm in the afternoon on the day it was released.

You have no idea how many 12 year old I muted because they was screaming, coughing, and cussing like they're cool or something. My friend got threaten by a 15 year old. : You can use private chat channel instead of game channel? I didn't try that, I was so used to the party.

The dumbest thing they did was take away our party chat. I understand for search and destroy, but for rest of game mode where you die and instantly respawn is dumb. I used to play WaW, in party chat talking 4 of my friends whom were playing different games, now I can't. Even friends that played in same match as I did we talk about regular day-to-day b.s. Other than that, the game pretty sweet. The spec ops and campaign pretty darn hard on veteran. . The one map where you are fighting around a town in Virgina, where you had to defend burger town, I said screw that went to Taco Bell. ;D ;D Is it me or that building look like Taco Bell? My gamertag=Funky Keevin.

x2. Alabama shot themselves in foot one too many times. Overthrowing Julio Jones for a touchdown, Overthrowing a tight end for huge play and perhaps a touchdown on a trick play, overthrowing Maze when he was streaking down the sideline, and overthrowing him for a 1st down, and countless of others mistakes. We're coming after Tebow December 5th. LSU was lucky to still be within striking reach. 454 yards of offense, LSU was lucky. Last year we stood toe to toe with Florida, this year we are better. And the scary part is, our offense is not living up to its potential.

I was extremely mad about that. I, for one, thought it was intercepted too, I paused the tv and starred at it until my eyes hurt. hence, why I said "I might be bipolar" I was mad and happy all through out the game. McElroy really ticked me off, missing targets, Julio Jones dropped pass, etc. I'm sure they had a good reason for calling it incomplete, but I guess we wait til next week see what SEC official said. Might had to do with foot. Might been thinking it suppose be a foot instead of toe that barely touched it. But with my tv it was blurred so I couldn't tell if he touch the line or slight before the line, but my instinct was INT. I don't know, screw it. Time go party.

You're still wrong. You're second sentence is incorrect. I'm not really sure why you're trying to "teach" people who do this for a living when you're only in your first accounting class. If you purchase advertising services you expense them in the period that the services were performed, even if the business has ZERO revenue you still book the expense. As, I said matching principal. You can buy the advertising for 3 month period, but you can only expense it for month it been used. If I bought advertising for Jan. Feb. and March, and today is February, I only expense on monthly statement for Jan and Feb. (assume company prepare financial statement monthly) Keyword in my quote is "help". Just because you get help doesn't mean it always work out. If this was merchandise, buying merchandise to sell later, you cannot expense it until it sold. I'm not trying teach anybody anything, that was one of things that struck me awe during class. As I said in previous post, there are many ways to do accounting, but this is how you do full accrual accounting. Keyword there. Here, I will quote myself again from that post Keyword, "help." I didn't say they had a revenue, I just said it expenses when it helped them. You can assume today is Nov. and buy advertisement for Super Bowl, but you cannot expense it until Super Bowl weekend. Time go party since Alabama won.

A typical college football Saturday and typical hard fought SEC game. Good game LSU. After tonight's game I might need go see psychiatrist, I think I might be bipolar. Great game, LSU fans.

Simple remedy........get a job ! I worked at the A&P stocking shelves at midnight while attending the Univ of Mich. Had one, quit it. It was too hard for me juggle between the two. I got screwed in a biology class and a English class where we had do tons of researched paper during my 1st semester of college with a part-time job. (At least I thought it was part-time I worked 35 hours or more a week.) Some people can do it, but I couldn't, kudo to those people. I had to be focus on one thing to really do well. My GPA has gone up dramatically since I've quit. I even did better in my English II class than I did in English I. ;D Tyrius, there is a matching principal at work here. You can buy advertising, but you cannot expense it until it is used to help earn revenue. If you bought it for more than one accounting period, you can only expense it during the accounting period in which it was used to help earn revenue. But as far as the sentence you quoted me, if you were a merchandising company that sold fishing gears, you cannot expense the goods you sold until you sold it. That was point I was getting at. But some things are deprecated and amortized as an expense when they are used to help earn revenue. P.S. I'm on scholarship, I got 2nd chance after I quit my job. 3/4 are paid by scholarship and my dad helps with 1/4 or student loan does. My student loan will be less than 8 grands when I graduate. I guess there plus side to everything.

Well, I can't go fishing due to fact it getting cold and lack of gas money. ;D Actually weather been perfect lately, but I lack gas money and dad will not loan me gas money, only money for school. And my dad hasn't taking me fishing, because he spent all of his money on building him a "mancave" downstairs. He put new walls up, new furniture, new flooring, flat screen tv, etc. I helped him with it and still didn't get gas money go fishing. >

Why are we having an accounting discussion here? Seriously, it's lame. Oh and the above is wrong. If it were true then no company would ever experience a loss. I guess I should start suing the people that wrote my textbook, my professor, the AICPA who gave my professor his creditability as a CPA, and then retired with all the damage money since everything I've been taught will be useless. Revenue-Expense=net loss or net income. All I said it is believed that revenue will occur before expense. And when that revenue does occur, lets hope that the number for revenue is higher than expense. If the company never have revenue, then well, they create no asset, thus, they become obsolete. After all, the whole point of a business is to create asset and make net asset go up. (cash is an asset) I just started this post to show how funny it was, that bankers change the days to 360 to make it easier to calculate. And then pointed how, how I thought accounting was harder than I first perceive it to be. I like how, Lund, said when business first gets together it "investment" from the paid in capital. Then once operation starts going that when revenue and expense are created.

That would be rent expense and if you put it up front before you started operating the business, it can be consider "pre-paid expense", if you leased an equipment to own, it a capital lease and GAAP requires it to be treated as an asset since you will purchase it later. Insurance can be an asset if it as not yet been used over the entire accounting period to help earn revenue. Until it completely used up, it an asset. Here an example of what I'm saying, I'm give you balance sheet to Wal-Mart, notice "pre-paid expense" under asset. http://finapps.forbes.com/finapps/jsp/finance/compinfo/FinancialIndustrial.jsp?tkr=WMT&period=qtr They bought insurance or something in advance, but they do not expense it until it is used up to earn revenue. Until then, it an asset. What you are describing for most part is called "Cash Basis Accounting", but you never see corporations doing that. They will not have an expense until they have a revenue, from what I've been taught. When you ran your business and you did it as you describe in your post, that just fine and dandy, but major corporations cannot do it for most part. Got have revenue before expense. I'm thinking it related to stock prices and tax reasons. Probably hardest thing about working towards my CPA license is learning all kinds of accounting procedures and tax laws.

From this day on forward, our children will do calculation using the pi as number 3, instead of 3.14. For this reason, our children will have easier calculation in their head.

Remember we are talking full accrual accounting here. The accounting system in which every publicly owned companies used. Here how my professor who sees it along with the FASB. (he a CPA, been a CPA for 26 years) You do not have an expense until you have a revenue. If you buy merchandise, but you haven't sold it, you have no expense, because the merchandise is just pure asset. In full accrual accounting nothing is consider an expense until it helped you earn revenue. If it didn't help you earn revenue it not an expense. But many assets do become expense eventually as they are used up to earn revenue. When buildings are used up to help earn revenue, they are expense through depreciation. If it didn't help earn revenue it just sits on the balance sheet under asset at historical cost. While it true they bought the asset, but since they haven't used it up to help them earn revenue they have no expense. Pretty complex accounting system, eh? I have pretty good idea why FASB or government came up with this guideline, but at the risk of sounding like idiot, I'm be quiet. ;D I did pretty darn good on first test that covers this stuff. Something to add to resume for my internship.

I got to admit though, accounting lot harder than I thought it be, only because the definitions are different. Net income, revenue, and expense all means something different in full accrual accounting than what we grew up thinking it was. Half the people in my class still gets problems wrong relating to the revenue matching principal. : My professor does pretty darn good job, it just rest of class don't get it. Like Sam or Catt said "Some of us are born with it, some of us never ever gets it." ;D Lund, let me ask you this, my professor told us there was a big debate somewhere out there about what comes first, Revenue or Expense? He believes revenue. He said it a lot like asking what came first chicken or the egg? ;D

I was working on my accounting homework, and this just cracked me up. I hope you all find the humor in this too. We're working on bond payment and calculating maturity values. My professor was telling us when you calculate total maturity value by days, divide the days the interest accrued by 360 days. And immediately in class someone pointed out "isn't there 365 days in a year?!?!" My professor was quick to reply "There is, but bankers had bright idea that it was easier to calculate in their head by 360 rather than 365." At the time I just sat there starring into space, and as I'm doing my assignment right now, I just started laughing. They change the days in year from 365 to 360, so they can calculate in their head easier. It makes me wonder, despite the fact they change the days in the year, how many of them miscalculated relating to today's economic condition? ;D Makes you wonder if any of them got it wrong and they told the borrower wrong number and borrower either paid less or more. I mean, yeah, we make mistakes, but I find it funny if you change the rules and still got the calculation wrong. That humorous part. ;D

Sells not Sales. Unless you got a sale going on that we don't know about. ;D ;D ;D Good eye, didn't realized that. I was doing my accounting homework at same time.

Sex sells, buddy, sex sells. Remember that. It got my attention. ;D Oh yeah, I'm pretty sure that ad is by Google, so I'm not sure what control Glenn has over it.

Typical LSU fan, ignore their own actions that is similar to those of a Bama fan. : See you Saturday night to hear you whine.

Now, that just laughable. This guy complaining about the "incomplete pass" above and he calling me a crybaby? Didn't he complain about Jarrett Lee pick six a year ago? Puhlease. : :

Big deal, in 2004, an LSU "cornerback" pushed an Alabama WR down in the end zone and caught a pass and ran it back to 50 some yard line. The pass interference wasn't called and it gave LSU all momentum it needed to win. The referee was standing right in front of the two players.. : http://www.cstv.com/sports/m-footbl/stories/111604aaq.html The video been remove from youtube for violation of terms and agreements.

All I got to say:

Mount Cody will block your field goals.