Journal of Accountancy, Volume 28American Institute of Certified Public Accountants, 1919 - Accounting |
From inside the book
Results 1-5 of 44
Page 17
... entries . In like manner enter each policy . Having entered all policies in force at the time of beginning the record , total column 14. This is the amount of prepaid insurance that the ledger account must show ( assuming , for this ...
... entries . In like manner enter each policy . Having entered all policies in force at the time of beginning the record , total column 14. This is the amount of prepaid insurance that the ledger account must show ( assuming , for this ...
Page 18
FIRE INSURANCE RECORD Termination entries ( In red ) Total amount AMOUNT OF POLICY ( in Dollars only ) DISTRIBUTION OF POLICY Date No. Date of of NAME OF COMPANY of policy policy expira- tion Date How Memoranda ment Building Equip ...
FIRE INSURANCE RECORD Termination entries ( In red ) Total amount AMOUNT OF POLICY ( in Dollars only ) DISTRIBUTION OF POLICY Date No. Date of of NAME OF COMPANY of policy policy expira- tion Date How Memoranda ment Building Equip ...
Page 20
... entries being in red ) . In all cases , the algebraic sum of columns 27 and 28 must equal column 14 , remem- bering that figures of dissimilar color subtract instead of adding . Beginning with column 26 , and working backward across the ...
... entries being in red ) . In all cases , the algebraic sum of columns 27 and 28 must equal column 14 , remem- bering that figures of dissimilar color subtract instead of adding . Beginning with column 26 , and working backward across the ...
Page 21
... entries have been made in the record during the month ( cancellations included ) , total all money columns ( except column 12 ) , remembering that red figures subtract . Do not rule beneath any total except in the monthly premium column ...
... entries have been made in the record during the month ( cancellations included ) , total all money columns ( except column 12 ) , remembering that red figures subtract . Do not rule beneath any total except in the monthly premium column ...
Page 25
... show what amount has been deposited in the bank and what has been paid out by the cashier . These entries are given to the bookkeeper , to be recorded in the general cashbook . Cashbook . The cashbook is simply an enlargement of the 25.
... show what amount has been deposited in the bank and what has been paid out by the cashier . These entries are given to the bookkeeper , to be recorded in the general cashbook . Cashbook . The cashbook is simply an enlargement of the 25.
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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.