Reality Statement

Roxanchik LTD

Balance Sheet

At April 16, 2008

(on a scale from 1 to 10)

Assets
Current Assets
Material resources (cash)	3
Short-term investments ( study for exams, daily routine)	6
Receivables (hugs, kisses, information, smiles, understanding, forgiveness)	9
Supplies ( chocholate, coffee)	3
Other current assets	6
AVG	6
Noncurrent Assets
Equipment ( study materials, patience, acceptance of situation)	2
Long-term investments ( personal development, socialization )	7
Other noncurrent assets	8
AVG	8,5
Total Assets AVG 6,25
Liabilities and My Equity
Current Liabilities
Apologies and explanations givable	4
Other short-term obligations ( smiles, hugs, explanations, decisions )	9
My Equity
Contributed capital ( calm, patience, endurance)	8
Retained earnings ( cash, hugs, smiles, kisses, sigh, opinions, ( frustrations ) )	8
Total liabilities and My Equity AVG	8

Notes : It looks like there is a problem. There are more liabilities and equity than assets.

- Too many ( gross ) receivables. Need to make adjusting entries and calculate bad debt expense and allowanced for noncollectable expectations and doubtful positive outcomes. There are some things that i can no longer expect to receive. But i still keep it in my balance sheet, in the receivables, as hope dies last, naivety never ends and some dreams never disappear.

There is a stringent need to increase both short term investments - study more and take care of the urgent, and maximize the long term investments, pursue the important. I can no longer procrastinate and leave all for tomorrow, because today is yesterday's tomorrow.

I have understated the expenses, that is why the retained earnings, what i think i have and am entitled to is too large. There are some things that have to be written off, as i know the precise receivable account that needs to be netted. And the debtor that needs to be exonerated.

I also have too much contributed capital- must to lose some of that patience, stop enduring and start doing something, like consuming supplies, using the long term assets and achieving profit.

I have to offer all of the outstanding apologies and explanations and smile to those who have deserved it. I have to talk about what is bothering me instead of avoiding the situation. I know the problem will not go away, and thus i have to deal with it as soon as possible. There will be no asset increase, but at least i will be in balance.