Guys: Masturbation is good for health::

As reported by the BBC:

Men could reduce their risk of developing prostate cancer through regular masturbation, researchers suggest.


Clear your pipes

What do you want from us?

No matter what we do, as Chinese or Overseas-Chinese, we are just simply hated for being Chinese.




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Showdown in Melbourne

Talk is cheap, as always. Let the pictures do the talking

Hail and salute the brave Chinese people of Melbourne!

Zhong Hua Renmin Gongheguo Wan Sui!

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Hire Purchased Fishballs Accounting

I had a dream of fishballs last night. My friends and I were having a hotpot and we 'Hire-Purchased' a bag of 30 fishballs. Since we did not buy it with cash we thought how to account for it?

I took out a journal pad and accounted the hire-purchased fishballs.

Firstly we need to capitalised the 30 fisballs which cost 20 cents per ball.

Dr. Fishball $6

Cr. Unexpired HP Charges $6

Secondly, account for repayments if any. Assume the repayment is $2 per week.

Dr. Unexpired HP Charges $2

Cr. Bank $2

Continuing the repayments will eventually extinguish the fishballs liability when the HP charges balanced out. Fortunately for us, there weren't any interest rates charged, otherwise we would have need a repayment schedule. And to our relief, GST is absent because the balls are food supplies....phew.

After journalising it, we had a fantastical hot pot.