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Thursday, May 31, 2007Y

Inspired by bing's blog...

The List of Liabilities
1. $ for minor surgery ~100 (Ive 2 chalazions n they have been in my eyes since feb.So i nd to "cut" them out)
2. New handphone ~300 (Currently one faulty)
3. Elumen hair color ~400 (thats a big wish. hope will come true)
4. New glasses ~200

And thats all.

Total liabilities incurred= 1000
Total fized n current assets = <1000>

When liability is more than assets, company Karen Han is making a loss. Under company act Section 35(e), business carrying on at loss will be considered as a specific ground for dissolution.

Under insolvency act section 122, winding up by court...



Thursday, May 31, 2007 Photobucket