Accounting- Comic

Accounting- Comic

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Storyboard Text

  • Hey John!
  • Oh hey Steve! What are you doing here? Shouldn't you be at the office working on finishing up  my balance sheet? Haha
  • Hahah yeah yeah, I'm on my way into the office right now, I just had to pick up my car, it was getting an oil change done. 
  • Oh of course, I was just picking up the brand new van me and my wife bought! We finally have a car big enough to fit our whole family in!
  • See! Isn't it nice? It was a little bit over our budget but I really think its worth the money!
  • Oh yeah I love it! I gotta get to the office now, I'll call you once I'm finished doing your Delivery Companies balance sheet. Drive safe!
  • Back at the office.....
  •  Hmmm... Oh no I think John might have listed his brand new personal van as an asset in his business. I better give him a call this isn't right. 
  • Hey John its Steve your accountant calling, I just wanted to leave  you this message telling you that we can not list your new family van as an asset in your delivery business. That's a violation of the Generally Accepted Accounting Principles because it does not follow the rules of the Business Entity Concept.... 
  • In order to honour this Concept this you must keeep the accounting for your business seperate from the personal affairs of you, the owner of your Delivery Service Business. 
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