Thursday, December 31, 2015

Mina With Us Here And It's Christmas 2015

Hi Reese


December 21 - January 2
It's all about the green mangoes.


Just checking.
--
Blogger since August 2007.
Linux user since 2004.
Fedora 23 Kernel 4.2 GNU/Linux

Tuesday, December 22, 2015

Income Expense Profit Chart: Looking Back Now


Generating charts from raw data has never been this easy if you're using LibreOffice.

My goal of course is tracking that green line towards positive numbers. I'm nearing
that goal unless something adverse happens. 


--
Blogger since August 2007.
Linux user since 2004.
Fedora 23 Kernel 4.2 GNU/Linux

Saturday, December 19, 2015

Tenant Security Deposits Accounting Treatment

Hi Reese

Formerly, tenant deposits are treated as income when they 
are received and expenses incurred when contract is terminated are
recognized in the month contract is terminated which may be far
apart. 

The effect is income is overstated in the contract start and expenses
are overstated in the month contract is terminated. No liability is shown
for the amount of the deposit which is the real nature of the tenant 
deposit. 

So NOW, tenant deposit is recognized as liability. The liability is
recognized for the life of the rental contract. It is discharged when 
the contract is terminated. Any amount incurred as expense in excess of 
the liability is Bad Debts. 

Journal Entry:
(1)Cash                                                                              XX.xx
            Rental Income                                                                            XX.xx
            Liability-Name of tenant-Deposit                                           XX.xx
                   to record start of contract, receipt of deposit and advance rent

(2)Liability-Name of tenant-Deposit                             XX.xx
             Accounts Receivable-Name of Tenant                                   XX.xx
             Bad Debts (if any)                                                                     XX.xx
                    to record termination of contract,closing of tenant account

Adjusting entries were made to correct affected accounts. 
--
Blogger since August 2007.
Linux user since 2004.
Fedora 23 Kernel 4.2 GNU/Linux

Monday, December 14, 2015

Do I find Fedora Linux Buggy Or Unstable?

The last Windows operating system I used is XP and although it isn't
buggy or unstable, security is far and wide atrocious. The first 15 
minutes of using XP, my personal computer PC is already infected by
malware and virus but as long as you don't connect to the Internet 
you're okay. That was 2001.

I have used Debian, Ubuntu and OpenSuse since 2007, hopping from
one distribution to the other as long as I can find a spare PC or laptop.
I really have settled on Fedora for personal taste and preferences. I
like GNOME and Fedora brings GNOME fresh to my PC. Of course it 
wasn't love at first sight a few releases back. Fedora's installer 
needed work and important repos like for the NVIDIA drivers and 
proprietary music and video codecs are difficult to enable. It wasn't 
for somebody who's just starting out his journey in Linux land. 

Since then, open source graphics drivers have changed the world for
me. I don't hunt for drivers nowadays. Printers and scanners seemed 
to work like magic when I connect to a LAN. I find it surprising that
co-workers who are using Macs and Windows laptops are unable to
detect printers when my laptop can. That's a marked switch of places.

No I don't find Fedora Linux unstable. If you need something that's 
more unchanging, you can try other distributions like Debian's stable 
channel. I like the way Fedora has changed my attitude towards 
system updates. Since using Fedora (starting with 20) every update
has made my system happier. i look to the next update like it's
breakfast. Yes I do it everyday. Now compare that to what Microsoft
is doing with the big Windows 10 update coming up.



--
Blogger since August 2007.
Linux user since 2004.
Fedora 23 Kernel 4.2 GNU/Linux

Thursday, December 3, 2015

Profit Comparison 2014 And 2015





When you are hungry, you work harder. 
--
Blogger since August 2007.
Linux user since 2004.
Fedora 23 Kernel 4.2 GNU/Linux

Wednesday, December 2, 2015

Income, Expense & Profit Chart

From January To November 2015



This is an 11 month snapshot of operations from January 2015 to end
November 2015. 
--
Blogger since August 2007.
Linux user since 2004.
Fedora 23 Kernel 4.2 GNU/Linux

Update Chromium From 61 -->> 62

Browser updates are very important to web security. Don't miss it. If there's a piece of software that you really have to get right,...