31st March: Annual Account Closing Date

I received following message on WhatsApp and it got me thinking:
Today is an Annual Account Closing Date ….
Lets clear all our Misunderstandings, Hurt, Anger, Resentment, Guilt, Fears, Rejections, Failures, Envy, Misbehavior, Mistakes and all Negative Feelings
Close these Accounts.
Wish you all a very  Happy, Healthy n Wealthy New Financial Year 2016-2017…
Since I have learnt Duality Principle in Accounting, I looked at the above message by applying Double Entry Accounting system.
You cannot have only Assets (Happiness, Health and Wealth). Those must be balanced by Liability + Equity side.
The Liability side would consist of all the negative feelings mentioned in the message viz. Mis-understandings, Hurt, Anger, Resentment, Guilt, Fears, Rejections, Failures, Envy, Misbehavior, Mistakes.
If Assets equal Liabilities then life would not be exciting. You would be happy on few days and sad/depressed on remaining days.
So what would make this equation favorable on Asset side? Well, that would be the Equity component.
And what would this Equity consist of?
It would (or should) consist of all the good qualities you, the person, possess. i.e. Character, Sincerity, Perseverance, Gratitude, Honesty, Loyalty, Integrity, Hope, Positivism, Optimism, Rationalism etc.
All these qualities would make the Liabilities side smaller and help balance the Asset side!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Create a free website or blog at WordPress.com.

Up ↑

%d bloggers like this: