I do that. I usually do about 5 of 6 sticky notes with random characters on them and put them on my computer, under the keyboard, etc. None of them are my password though.
The near future tells me nothing. Is that 1 month from now? Does that make it an asset this month or does that make it an asset next month?
That classification stuff can be difficult.
I had a discussion with someone who had a class on this stuff and it looks like we all may be incorrect here. It seems that it may go on both sides of the balance sheet depending on what it is, what you owe, and what you can get for it. Nobody here has said that yet.
OK, but it's still hard for me to call it an asset if it has lots of debt associated with it and it taking money from you pocket every month. For this reason, when I do my balance sheet every month, it goes in the liability column. I agree that when you sell it and you make money off of it you'd call it an asset. At this point, I'd like to point out that objects can move from the asset to the liability column all the time. When I talk about whether it's an asset or not, that is per period (week, month, year). For me it's not permanently one or the other.
As for your car in garage example, how much money did you spend storing it? How much money did you spend making it work again? If a car sits in a garage for 5 years, you're going to have problems. I know, when I went to school, I use to let my car sit in the garage for 9 months and it had problems. I don't think the cost associated with owning anything is ever zero unless somebody else pays for it.
As for the painting example, we were not talking about something that you fully paid for. We were talking about something that had a debt associated with it. Now maybe when I looked at that picture, I didn't take that into consideration. Maybe the person fully paid for it. I still have a problem calling it an asset if your money if flowing from it right out the expense column.
As a side note, I know how the government wants you the classify it and for their records do it like that, but for your own, I don't believe you should do that.
There seems to be more to this than I thought. After this conversation, I'm going to have to reevalutate how I place things on a balance sheet. Meanwhile, I've got a question for you. What do you put on the liability side of your balance sheet.
See the problem I have with calling a car an asset is the fact that you lose money on it every month. It doesn't generate money. That's why I call it a liability and not an asset.
As for selling the car, you are correct. If you sell the car for more than you paid for it, including all you paid for it (gas, maintanence, etc.) then it's an asset for that period. I was thinking more along the lines of a month. Do you classify your car as an asset for any given month? That depends on if it put money in your pocket. This is the same reason I don't call a house that you live in an asset.
Just because some computer program calls something an asset doesn't mean it is. This is where people get into trouble. Calling something an asset that really isn't.
So all in all, whether it's an asset or not depends on the period you talk about and whether it put money in your pocket or not.
Microsoft defends the solution by remarking Windows was not designed to be a modular system, and the current operating system is highly dependant on core technologies like IE and Windows Media Player. Removing them would result in a slower, much-less user friendly Windows that would be a support nightmare.
Shouldn't they let the groups that want to distrubute it worry about that?
What happened to the download edition that you can buy? That one only cost me about 30 bucks in the store. Now I see that their lowest cost edition cost 60. Are they that low on cash?
Slashdot Mirror
Debian has this to. It's called Popularity Contest.
According the the summary at the top, it's FreeBSD that has it and OpenBSD doesn't.
You can download it at the linuxiso site.
http://www.linuxiso.org/distro.php?distro=31
Really? Maybe we should call it GNU/Solaris 9.
Slashdot meetup day is only a week away
What is the week stuff, it's only 2 days away.
Sending them an anonymous e-mail should do the trick.
So what if I just type the text of the link and not actually link it.
http://www.npr.org
Is that breaking policy?
When is San Diego going to get something like this?
I do that. I usually do about 5 of 6 sticky notes with random characters on them and put them on my computer, under the keyboard, etc. None of them are my password though.
> Pittsburgh Launches Large, Free, Public WiFi Network
I wish San Diego would do the same.
Interesting idea. Maybe we should get together and start designing it.
The near future tells me nothing. Is that 1 month from now? Does that make it an asset this month or does that make it an asset next month?
That classification stuff can be difficult.
I had a discussion with someone who had a class on this stuff and it looks like we all may be incorrect here. It seems that it may go on both sides of the balance sheet depending on what it is, what you owe, and what you can get for it. Nobody here has said that yet.
OK, but it's still hard for me to call it an asset if it has lots of debt associated with it and it taking money from you pocket every month. For this reason, when I do my balance sheet every month, it goes in the liability column. I agree that when you sell it and you make money off of it you'd call it an asset. At this point, I'd like to point out that objects can move from the asset to the liability column all the time. When I talk about whether it's an asset or not, that is per period (week, month, year). For me it's not permanently one or the other.
As for your car in garage example, how much money did you spend storing it? How much money did you spend making it work again? If a car sits in a garage for 5 years, you're going to have problems. I know, when I went to school, I use to let my car sit in the garage for 9 months and it had problems. I don't think the cost associated with owning anything is ever zero unless somebody else pays for it.
As for the painting example, we were not talking about something that you fully paid for. We were talking about something that had a debt associated with it. Now maybe when I looked at that picture, I didn't take that into consideration. Maybe the person fully paid for it. I still have a problem calling it an asset if your money if flowing from it right out the expense column.
As a side note, I know how the government wants you the classify it and for their records do it like that, but for your own, I don't believe you should do that.
There seems to be more to this than I thought. After this conversation, I'm going to have to reevalutate how I place things on a balance sheet. Meanwhile, I've got a question for you. What do you put on the liability side of your balance sheet.
Actually, I'm looking for the word "liability." OK, since you guys think everything that you own is an asset, what do you put in the liability column.
See the problem I have with calling a car an asset is the fact that you lose money on it every month. It doesn't generate money. That's why I call it a liability and not an asset.
As for selling the car, you are correct. If you sell the car for more than you paid for it, including all you paid for it (gas, maintanence, etc.) then it's an asset for that period. I was thinking more along the lines of a month. Do you classify your car as an asset for any given month? That depends on if it put money in your pocket. This is the same reason I don't call a house that you live in an asset.
Just because some computer program calls something an asset doesn't mean it is. This is where people get into trouble. Calling something an asset that really isn't.
So all in all, whether it's an asset or not depends on the period you talk about and whether it put money in your pocket or not.
Look up your definition of an asset. If it's a car you drive yourself, it's not an asset.
If you own a car rental place, it could be an asset.
Hmmm . . . from the screenshot it says that a car is an asset. Not so good.
It wasn't meant to be.
Good thing I changed
my name to
Bill Gates
and my address to
One Microsoft Way
Redmond, WA 98052
and my phone number to
425-882-8080
Red Hat seems to be more focused on the command line and Mandrake seems to be more focused on gui.
This is what I thought the last time I used Red Hat which was around 6.1. Maybe things have changed now.
Yep, Mozilla 0.9.9 for me.
Do I also have to pay for script kiddies hitting my modem?
What happened to the download edition that you can buy? That one only cost me about 30 bucks in the store. Now I see that their lowest cost edition cost 60. Are they that low on cash?