MAKE YOUR OWN TRANSACTION Eventually the inevitable misbalance of a statement occurs. In the past, accountants have just padded it with a category named other, ignored it and prayed it would pass unnoticed, or spent long nights tracking down the problem. Now there is a better solution : fake it.
To use this new technique, all you need to do is choose
an item from the first column, an item from the second, and an item from
the third. The result is a transaction name that sounds so real you can
simply throw it into the hole and no one will notice. However, for larger
amounts, one would be wise to create a couple of pseudo-transactions to
spread the error across. Finally, for an even better disguise, create
pseudo-transactions that point to other pseudo-transactions that reference
real ones, then no one will be able to track down the error. So, now that
you have been properly prepared, it's time to get started.
| Accrue | Accumulated | Assets |
| Amortize | Common | Cash |
| Apply | Current | Cost |
| Credit | Direct | Debts |
| Debit | Fixed | Deposits |
| Defer | Gross | Earnings |
| Deplete | Indirect | Equipment |
| Depreciate | Long Term | Expenses |
| Finance | Net | Goodwill |
| Incur | Ongoing | Income |
| Issue | Operating | Liabilities |
| Pay Off | Retained | Payments |
| Sell | Short Term | Revenue |
| Withhold | Total | Stocks |
| Write Off | Variable | Taxes |