1. Accounting
( when you get started counting it starts with # 1)
2. Assets
(a set of something together = a set = assets, similar to a pair which is 2)
3. Liabilities
( Like 3 lies and you are gone or three strikes and your out )
4. Owners Equity
( I have 4 roomates in my apartment and i feel as we own it)
5. Accounting Equation
( when I am thinking about math and counting i focus on the right corner, as if a thinking bubble was there, and 5 is in the right corner.)
6. Transaction( to change direction and go the other way, and 6 is on the right side of the wall, so you change from left to right.)
7. Depreciation
( the people in the backgrounds you don't appreciate as much and #7 is in the back corner, and appciation and depreciation sound the same)
8. Income Statement
( I came to this state on the 18th, so it's an income to a state)
9. Balance Sheet
( the ground feels balanced, like it feels flat)
10. Cash vs. Accurual
( cash goes up like # 10 is on the ceiling bescause people want to be able to stack their cash up)
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