Journal of Accountancy, Volume 28American Institute of Certified Public Accountants, 1919 - Accounting |
From inside the book
Results 1-5 of 74
Page 6
... cent . of its quick assets , than to a concern whose liabilities apparently only amounted to 50 per cent . of its quick assets , which had a poor plant and was not making good money . There is a direct connection between plant assets ...
... cent . of its quick assets , than to a concern whose liabilities apparently only amounted to 50 per cent . of its quick assets , which had a poor plant and was not making good money . There is a direct connection between plant assets ...
Page 22
... each column . Each percentage column must total 100 per cent . The same per- centages may be used month after month so long as no important changes occur in the value of the properties in the 22 The Journal of Accountancy.
... each column . Each percentage column must total 100 per cent . The same per- centages may be used month after month so long as no important changes occur in the value of the properties in the 22 The Journal of Accountancy.
Page 24
... cent of such expense where it rightfully belongs , even down to the final departmental distribution . Once tried it will prove far more satisfactory than the loose practices now in common use . Retail Clothing Store Accounting By MAX ...
... cent of such expense where it rightfully belongs , even down to the final departmental distribution . Once tried it will prove far more satisfactory than the loose practices now in common use . Retail Clothing Store Accounting By MAX ...
Page 25
... cent . of the income of a retail clothing store is received in cash . It is , therefore , one of the main problems , how to account accurately and speedily for cash receipts . The original record of the transaction is the sales ticket ...
... cent . of the income of a retail clothing store is received in cash . It is , therefore , one of the main problems , how to account accurately and speedily for cash receipts . The original record of the transaction is the sales ticket ...
Page 33
... cent . interest and is payable to the firm in one year . How should this transaction be interpreted and how should it be recorded ? If handled in the regular way the amount of the note would be charged to notes . receivable , as in the ...
... cent . interest and is payable to the firm in one year . How should this transaction be interpreted and how should it be recorded ? If handled in the regular way the amount of the note would be charged to notes . receivable , as in the ...
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Common terms and phrases
actual additional allowance amount annuity applied assets audit authorized balance balance-sheet basis beginning bonds building capital stock carried cash cent certificate charged claim column computed consideration corporation cost cover deduction depreciation determined difference discount dividends earned effect entire entries examination excess expenses fact filed fixed flour fund given important included income increase institute interest inventory invested capital issued less liability loss March material method month necessary notes operating original paid partnership payable payment period person plant practice preferred premium prepared present value principle production profits proper purchase question reason received records regard regulations rents represent reserve result rule selling shares shown sold statement stockholders surplus taken taxable taxpayer tion treasury United
Popular passages
Page 220 - ... in any manner whatever not provided by law any income return, or any part thereof or source of income, profits, losses, or expenditures appearing in any income return; and any offense against the foregoing provision shall be a misdemeanor and be punished by a fine not exceeding $1,000 or by imprisonment not exceeding one year, or both...
Page 139 - The amount of all items of gross income shall be included in the gross income for the taxable year in which received by the taxpayer, unless, under methods of accounting permitted under section 41, any such amounts are to be properly accounted for as of a different period.
Page 47 - All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable allowance for salaries or other compensation for personal services actually rendered...
Page 315 - One of the original members shall be appointed for a term of one year, one for a term of two years, one for a term of three years, one for a term of four years, and one for a term of five years...
Page 379 - ... all losses actually sustained within the year and not compensated by insurance or otherwise...
Page 379 - ... such net income shall be ascertained by deducting from the gross amount of its income received within the year from business transacted and capital invested within the United States and any of its territories, Alaska and the District of Columbia (first), all the ordinary...
Page 221 - ... any income return, or to permit any income return or copy thereof or any book containing any abstract or particulars thereof to be seen or examined by any person except as provided by law; and it shall be unlawful for any person to print or publish in any manner whatever not provided by law any income return or any part thereof or source of income, profits, losses, or expenditures appearing in any income return...
Page 381 - Treasury, is hereby authorized to make all needful rules and regulations for the enforcement of the provisions of this Act.
Page 377 - That in case a person or persons supplying a contractor with labor or material as provided by the Act of Congress, approved February 24, 1905 (33 Stat.
Page 376 - ... in case of any default in the performance of any of the conditions or stipulations of such penal bond.