God's Chartered Accountant

CA Pallav Singhania , Last updated: 05 November 2011  
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  • Human life cycle is like Financial year.
  • When YOU were born. (Its the opening of Financial year 1.4.XXXX)
  • Your everyday is like. (Journal entry)
  • When you meet with someone is a (Transaction)
  • When You make someone smile or some makes you smile is.....(Contra Entry)
  • When You help someone and your help is acknowledged. (Its Cash Sales)
  • When You help someone without any acknowledgement. (Its Credit Sale)
  • When someone helped you and If you are thankful to them. (Cash Purchase)
  • If  you are not thankful. (Credit Purchases)
  • When you hurt someone is like. (Abnormal Loss)
  • If You make the apology for the same. (Insurance Claimed Recovered)
  • When someone hurts you is like. (Bad Debt)
  • Forgiving their mistakes. (Bad Debt Recovered)
  • When you are married is like. (Amalgamation)
  • Becoming Parents is like. (Conversion of a Firm into a Co.)
  • When You Children starts taking their own decisions. (You are subsidiary and they are Your holding Co.)
  • When your children left You. (Demerger)
  • When you will die.(Closing of F.Y 31.3.XXXX)
  • What? After you Death the Assessment Year starts.
  • All Your files posted to GOD'S Chartered Accountant. "Chitragupt Maharaj"
  • HE will Vouch and prepare your Balance sheet.
  • IN THE BOOKS OF HUMAN NO. XYZ

BALANCE SHEET FOR THE LIFE ENDED.

 LIABILITIES

PARENTS (CAPITAL)

Add : FORGIVENESS

Add: HELPING OTHERS

Add: HONESTY

Add: TRUTHFULNESS

Less: EGO

Less: VANITY

Less: JEALOUSY

Less: OVER CONFIDENCE

Less: BEING RUDE

GOD (RESERVE AND SURPLUS)

IF YOU BELIEVE IN HIM

YOU BOSS (BANK LOAN)

PERSONS WHO HELPED YOU (CREDITORS)

LOVE  (CONTIGENT LIABILITY)

FORGIVENESS (OUTSTANDING SALARY)

G/F (BILLS PAYABLE)

TOTAL                                  LIFE

ASSETS

CA STUDENT (GOODWILL)

CONFIDENCE (COPY RIGHT)

HOPE  (PATENTS)

FRIENDS (FIXED ASSETS)

PERSISTENCE ( P & M)

LUCK (FURNITURE)

RELATIVES (INVESTMENTS)

PERSON WHOM YOU HELPED (DEBTORS)

PATIENCE (CLOSING STOCK)

NEIGHBOURS (FICTICIOUS ASSETS)

GOD (P/L A/C. DEBIT BALANCE)

IF YOU DON’T BELIEVE IN HIM

BEING HAPPY (CASH & BANK)

                                          LIFE


CCI Pro

Published by

CA Pallav Singhania
(IT System Auditor)
Category Students   Report

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