Journal of Accountancy, Volume 17American Institute of Certified Public Accountants, 1914 - Accounting |
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Common terms and phrases
Accounts payable accounts receivable accrued actual amount of income annual net income ascertained assessed assets audit balance sheet bank bonds book value cash book cent certificate certified public accountant charged claimed Coatbridge collecting agent column commission commissioners controlling account corporation cost coupons debit debt debtor December 31 deducted depreciation discount district dividends entries exemption expenditures expenses fiduciary filed fiscal gross income income tax individual Internal Revenue inventory investment issued journal ledger liability loan ment mortgage mortgagor municipal normal tax obligations operating organization owners paid payable payment period person plant practice principle profit and loss purchases receipts received record regulations renewals reserve return of annual securities sinking fund statement stockholders tax withheld thereof tion Total amount transactions Treasury treasury stock trial balance trust United withholding agents
Popular passages
Page 382 - Civic leagues or organizations not organized for profit but operated exclusively for the promotion of social welfare...
Page 347 - SEC. 302. (a) The Commission may, after hearing, require licensees and public utilities to carry a proper and adequate depreciation account in accordance with such rules, regulations, and forms of account as the Commission may prescribe.
Page 382 - That nothing in this section shall apply to mutual savings banks not having a capital stock represented by shares...
Page 56 - Income derived from any public utility or the exercise of any essential governmental function and accruing to any State, Territory, or the District of Columbia, or any political subdivision of a State or Territory, or income accruing to the Government of any possession of the United States, or any political subdivision thereof.
Page 379 - ... income, or the proper representative having the receipt, custody, control, or disposal of the same. For the purpose of this title ownership or liability shall be determined as of the year for which a return is required to be rendered. "The provisions of this section, except subdivision (c), relating to the deduction and payment of the tax at the source of income shall only apply to the normal tax hereinbefore imposed upon nonresident alien individuals.
Page 380 - ... which the gross amount of its income for the year from business transacted and capital invested within the United States bears to the gross amount of its income derived from all sources within and without the United States : Provided...
Page 56 - In order to propose the organization of a drainage district, a petition shall be presented to the board of supervisors of the county in which the lands within the proposed district or the greater portion thereof, are situated, signed by the required number of holders of title, or evidence of title, to lands within such proposed district...
Page 371 - That no part of any money appropriated in this or any other act shall be used for compensation or payment of expenses of accountants or other experts in inaugurating new or changing old methods of transacting the business of the United States or the District of Columbia, unless authority for employment of such services or payment of such expenses is stated in specific terms in the act making provision therefor and the rate of compensation for such services or expenses is specifically fixed therein...
Page 382 - Provided, however, That nothing in this section contained shall apply to labor, agricultural or horticultural organizations, or to fraternal beneficiary societies, orders, or associations operating under the lodge system, and providing for the payment of life, sick, accident and other benefits to the members of such societies, orders or associations, and dependents of such members, nor to...
Page 303 - Amendment which provides that no person shall be deprived of life, liberty, or property without due process of law; and that private property shall not be taken for public use without just compensation.