Tuesday, October 19, 2021

CSK - IPL Champions 2021!

What more can a fan ask? 

May be an image of Vijayakasi Viswanathan and sitting

After such a terrible season last year, the captain promised us a better performance. And we believed him. We believed the team would bounce back.
What a season it turned out to be. Not playing at home, a break in the middle, moving the tournament over to a foreign country, wins, losses, hits, misses, disappointments, revelations, dropped catches, centuries, ducks, splendid bowling, bad bowling, orange cap and birthday celebrations. There was even time for a marriage proposal (She said Yes!). It was such a ride.
How many nervous moments did we have to undergo, how many disappointments and how much joy. All leading to a splendid climax. What a performance in the play offs to top it all.
The captain reminded us to be humble and displayed that humility in his winning speech too. No controversies, no nonsense. There was a mission and it was a success.
CSK. Worthy champions. Back to where they belong.
This #IPL2021 has been a great season, a season of #yellove . Thank you #CSK for this.
Our prayers were answered.

May be an image of 2 people, child, people sitting and people standing


நண்பர்களும் நல்லாசிரியர்களுமான பெருமாள் முருகனும், பா ராகவனும் இந்த மாதம் தங்கள் பிறந்தநாளைக் கொண்டாடினார்கள். அவர்களை வாழ்த்தி எழுதிய வெண்பாக்கள். 

May be an image of 1 person

அன்பும் அறமும் அவரிருக் கண்களாம்
என்றும் சிரிக்கும் எழில்முகத்தான் - நண்பர்
பெருமையைப் பாரென்றுப் பேசுமிப் பாரும்
முருகு தமிழதன் முத்து!

அக் 15 - பெருமாள் முருகன் பிறந்தநாள்

May be an image of Pa Raghavan, beard and eyeglasses

திறந்தவோர் புத்தகமாய்த் தீதின்றி வாழும்
சிறந்தவராம் பாரா, சிறப்புபல பெற்றே
அறத்தோடு வாழட்டும் ஆயிரம் காலம்!
பிறந்தநாள் வாழ்த்தாகப் பா!

அக் 8 - பா. ராகவன் பிறந்தநாள்

சீரியஸாய்த் தந்தார் சிரிப்பு

 கிரேசி. இந்தச்சொல்லை தன் அடையாளமாகவே எடுத்துக்கொண்டவர் கிரேசி மோகன் (Crazy Mohan). 

உண்மையிலேயே ஒரு பன்முக ஆளுமை. நாடகம், திரைப்படங்களுக்கு கதை வசனம் எழுதி நடித்தது எல்லாரும் அறிந்தது . அழகாக படம் வரைவார் என்பதும் கூட இன்னும் சிலருக்குத் தெரிந்திருக்கும். மரபுக் கவிதைகள் புனைவதிலும் வல்லவர் அவர்.  

நான் எழுதிய வெண்பாக்களை அவரிடம் இராமு அண்ணா கொண்டு சேர்க்க, கிரேசியின் நட்பு கிட்டியது. எழுதி அனுப்பும் வெண்பாக்களை ரசிப்பார், விமர்சனம் செய்வார், மேலும் எழுத ஊக்குவிப்பார். பெரும்பாலும் பதிலும் வெண்பாவாகவே வரும். 

விளையாட்டாக, ஆங்கிலம் கலந்தோ, தற்காலப் பேச்சுத் தமிழ் கலந்தோ, சென்னைத் தமிழ் போன்ற வட்டார வழக்குகள் கலந்தோ வெடித்துத் தெறிக்கும் பாக்கள் மிகவும் ரசிக்கும்படி இருக்கும். எல்லா வித வார்த்தை விளையாட்டுகளையும் வெண்பாவில் கூடக் கொண்டு வந்துவிடுவார். நாம் செய்தாலும் மிகவும் ரசிப்பார். 

இன்று (அக் 16) அவர் பிறந்த நாள். 

பன்மொழிச் சொற்களில் பன்செய்யும் வித்தகர்
ஒன்லியெம் க்ரேசியவர் ஒன்டர்புல் மன்சன்ப்பா
வேரியஸ் வேக்களில் வேர்ட்ப்ளேயே செய்தவரும்
சீரியஸாய்த் தந்தார் சிரிப்பு. 

Photo: @premdavinci in twitter

Sunday, October 10, 2021

A Count of Accounts!

This is a follow up to my earlier post - Elavasam's Third Law of Accounting. If you have not read that, this would be a good time to do that. 

There was a question from a friend, after he read that post. "All I have is a bank account, What is this rent account you are talking about or the phone account. I dont have those accounts. I don't get what you are trying to say." 

In answering his question, I am going to peel yet another layer of the accounting onion here. 

I asked him if he had a habit of noting down his expenses. He said yes. It was a diary his financial transactions. Another name for a diary is a journal and in accounting, a list of transactions is called a journal.  See the image below, to see an accounting journal.  

It has the date, the particulars of the transactions and the amount is entered either in the debit column or in the credit column depending on whether you are spending it or receiving it. This is nothing but a record of all the transactions made. This could be a done on a piece of paper, in a notebook or using an app. 

If I asked my friend what is the total amount of rent he has paid this year, he would need to go through all the entries in his journal and sum up the amounts for the rent paid to get the total. That is not a very efficient way to get information. 

If he had a notebook and used one page in that notebook for each type of expenditure it would be easy to track. ‘How much did you spend on account of rent?’, could easily answered by looking at that page in the notebook. Hence that page is called the account. 

In a typical accounting process the transactions are first written in a journal and are then posted to the accounts. Let us take an example. On a particular day, let us assume, my friend had a cash balance of Rs. 100,000. During the day he paid rent of Rs. 30,000. He also bought groceries for Rs. 15,000 and ate out for Rs 5,000. He also received Rs. 1,000 as gift. 

His accounting journal for the day would look like 

Based on the journal above, we can see that he needs to track his cash, and have a page each for gifts received, rent, groceries and eating out. The choice of how many accounts need to be opened is his. He can choose to have all expenses under one account or he could have rent in one account and have groceries and food together in one account. For a corporate, however, there are rules that govern how these transactions need to be accounted and so they need to comply with those rules. 

The entries from the journal would be posted in these accounts. Since each account can either have a debit or credit, they are typically represented in the form of a T, with the debit entries posted on the left and the credit entries on the right. His cash account would look like this.

You can see that the account starts with a balance on the debit side. This is in line with the rule that says all assets have a debit balance. Cash on hand, is an asset to us and hence starts with a debit balance. The entries posted are to signify if cash is coming in or going out and are respectively debited and credited in this account. His expenses for rent, groceries and eating out would be accounted in the following manner and his income, in the form of gifts received, would look like this. 

Just a glance of these accounts would tell you what the total of transactions under that account is. You will also note that for every debit there is a corresponding credit. This is the basis of what is called as the double entry bookkeeping. You can create as many such accounts as it is required to record the transactions. These days, the accounting apps have a screen for input of the transaction and the updating of the journal and the accounts are automatically taken care of. 

Thus accounting is done in two steps, the first is to record all the transactions in an accounting journal and the second is to post these entries to the relevant accounts so that obtaining the totals and balances becomes an efficient process. 

From these accounts you can draw up the profit and loss statement and the balance sheet, but that is for another day.