Your Intro To Accounting Class, Explained By Dunder Mifflin's Kevin Malone

Your Intro To Accounting Class, Explained By Dunder Mifflin's Kevin Malone

Because "doing the numbers" isn't all that easy

If you're a business student, the phrase "you have to take intro to accounting this semester" should immediately send shivers down your spine.

That is, unless you somehow actually enjoy depreciating inventory, figuring out the flow of cash, and basically just love numbers in general. But, if you're like me, you more than likely have a love/hate relationship with the class.

I basically want to cry 99% of the time because either the numbers won't balance (tears of frustration) or because the numbers actually did balance (tears of joy). I figured who else better to explain the highs and lows of Intro to Accounting than everyone's favorite accountant, Kevin Malone! So without further ado...

Trying to get your assets to equal your liabilities + equity

"Oh, accounting is so great because everything adds up and that's how you know it's right!" Yeah, okay, but you forgot to mention how terrible it is when I can't get it to add up after calculating the number 25 times.

When you think you've taken everything into account, and then you remember that depreciation is a thing

Because who doesn't love adjusting journal entries?

The reasoning behind the names "FIFO" and "LIFO"

Ain't nobody got time to say "First in First Out" and "Last in First Out", let alone calculate them!

That moment when you actually know where to look in the financial statements for a number

The first time it took me under ten minutes to find where "COGS" was located, I nearly cried out of pure joy.

When it all suddenly makes sense and you think you could actually become an accounting major

Hey, Big Four firms, hire me! I know what the matching principle is! I can calculate a current ratio! I even know the difference between accounts payable and accounts receivable! Or wait, do I though...?

And then in 2.5 seconds you're brought back to reality and are completely lost again

Good bye, imaginary Big Four job and huge starting paycheck. I should probably have figured out how to set up a "T account" first before I dreamed this great dream.

Finding out the exam is 14 pages long, takes 3 hours, AND IS CUMULATIVE

Did I mention this nightmare also happens on a Friday afternoon? Two thumbs down indeed.

Studying for the exam and realizing life is too short to spend hours pouring over financial statements

I have goals and dreams I want to accomplish in the few short years I'm afforded on this earth, and let me tell you, it does NOT involve understanding "Bad Debt Expense."

Finally, when you take the exam, you don't fail, and you get to reward yourself

Because like Kevin, after "doing the number all day," I absolutely want to eat 20 candy bars and shove a whole jar of M&M's in my mouth.

Cover Image Credit: NBC / Twitter

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7 Truths About Being A Science Major


Whether your major is Human Bio, Chemistry, Neuroscience or any other that deals with a lot of numbers, theories, experiments and impossibly memorizing facts, you know the pressures of pursuing a career in this field. So without further ado, here are seven truths about being a science major:

1. There is no “syllabus week.”

Coming back to college in the fall is one of the best times of the year. Welcome week has become most students' favorite on-campus holiday. But then you have syllabus week: another widely celebrated week of no responsibilities… Unless you’re a science major that is. While your other friends get to enjoy this week of getting to know their professors and class expectations, you get to learn about IUPAC nomenclature of alkanes on the first day of organic chem.

2. Your heart breaks every time you have to buy a new textbook.

Somehow every professor seems to have their own “special edition” textbook for class… And somehow it’s always a couple hundred bucks… And somehow, it's ALWAYS required.

3. Hearing "attendance is not mandatory," but knowing attendance is VERY mandatory.

Your professor will tell you that they don’t take attendance. Your professor will put all lecture slides online. Your professor will even record their lectures and make those available as well. Yet if you still don’t go to class, you’ll fail for sure. Coming into lecture after missing just one day feels like everyone has learned an entire new language.

4. You’re never the smartest person in your class anymore.

No matter what subject, what class or what concentration, there will always be someone who is just that much better at it than you.

5. You get totally geeked out when you learn an awesome new fact.

Today in genetics you learned about mosaicism. The fact that somebody can have a disease in part of their total body cells but normal throughout all others gets you so hype. Even though you know that your family, friends and neighbors don’t actually care about your science facts, you HAVE to tell them all anyways.

6. There is never enough time in a day.

You are always stuck choosing between studying, eating, sleeping and having fun. If you're lucky, you'll get three of these done in one day. But if you're a risk taker, you can try to do all of these at once.

7. You question your major (and your sanity) almost daily.

This is especially true when it’s on a Tuesday night and you’ve already consumed a gallon of Starbucks trying to learn everything possible before your . Or maybe this is more prevalent when you have only made it through about half of the BioChem chapter and you have to leave for your three hour lab before your exam this afternoon. Regardless, you constantly wonder if all the stress is actually worth it, but somehow always decide that it is.

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Saying "No" Is OK

It is okay to put yourself first and do what's best for you


It's that time of year again when your days are filled with nothing but class, work, assignments, clubs, extracurricular activities and much more. Your time and brain are going in every possible direction. But what if it didn't have to be that way? What if letting go, actually gave you something back? That's right, I am talking about the word no and all it can do for you.

I too, fall into the trap of doing more is better. Having all my time devoted to activities or work is good for me. Taking nineteen plus credits hours somehow makes me a better person, even smarter person. Well, I hate to break it you, and me, that this thought process is extremely detrimental.

There are no rules that say we must do everything and anything. If there are, they are wrong. And that's why saying no is so important.

Currently, I am taking nineteen credit hours. Soon, I am going to make sure that it is sixteen. After the first week of classes, I discovered I was in a class that would provide me with a wonderful education, but it was not counting towards my major. After thinking about it long and hard, I decided that it would be best to say no to this particular class.

Before this year, I would have said, it's okay (even if it wasn't) and muster through the class. To the old me, dropping a class would be like quitting, but I cannot even begin to tell you, and me, how far from the truth that is.

Saying no is brave. Saying no is the right thing to do. Saying no allows you to excel in other areas. Because I have decided to say no, I am opening two more hours in my day. I am relieving myself of work and projects that would add to my already hectic schedule. I am doing what is best for me.

However, there is a part two to this no phenomenon. Continuing with my example, I now have two open hours in my week. The overachiever in me would try to find something to fill it. Maybe another club or activity. Maybe more hours at work or a place to volunteer. And while none of these are bad things to do or have in your life, you are just replacing a time taker with another. When you say no, mean it and don't fill it.

This is your year to say no. Not because you are lazy. Not because you aren't smart enough. Not because you can't. Say no because it is best for you. Say no because it frees you. Say no because you can!

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