Journal of Accountancy, Volume 28American Institute of Certified Public Accountants, 1919 - Accounting |
From inside the book
Results 1-5 of 91
Page 3
... given less attention , but there was the constant fear that all liabilities were not shown . At the end of the year 1917 , without the intervention of bankers or accountants , great numbers of balance - sheets under- went tremendous ...
... given less attention , but there was the constant fear that all liabilities were not shown . At the end of the year 1917 , without the intervention of bankers or accountants , great numbers of balance - sheets under- went tremendous ...
Page 5
... given unit of production or capacity . But few concerns reflected any such uniform or standardized figures on their balance - sheets . If price fixing had continued for any great period of time , it is altogether likely that there would ...
... given unit of production or capacity . But few concerns reflected any such uniform or standardized figures on their balance - sheets . If price fixing had continued for any great period of time , it is altogether likely that there would ...
Page 6
... given in regard to taxes . I know of balance - sheets in cases in which the taxes which will have to be paid will be ten times the amounts shown on the balance- sheets . The amounts shown are those which uninformed persons think can be ...
... given in regard to taxes . I know of balance - sheets in cases in which the taxes which will have to be paid will be ten times the amounts shown on the balance- sheets . The amounts shown are those which uninformed persons think can be ...
Page 7
... given to the relation- ship of the figures to the things which the figures are supposed to represent . Even if a bookkeeper should at the time of trans- ferring the figures realize that some of his figures did not at all represent the ...
... given to the relation- ship of the figures to the things which the figures are supposed to represent . Even if a bookkeeper should at the time of trans- ferring the figures realize that some of his figures did not at all represent the ...
Page 8
... given industry to make comparisons possible and profitable . Every bank which lends money should classify its balance - sheets and not consider that each one should be expected to tell its own story . Management is just as important as ...
... given industry to make comparisons possible and profitable . Every bank which lends money should classify its balance - sheets and not consider that each one should be expected to tell its own story . Management is just as important as ...
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Common terms and phrases
accrued actual allowance American Institute amount annuity assets audit auditor balance-sheet basis bonds book value capital stock Carrying value cash cent certificate certified public accountant charged claim collector column computed consolidated controlling account corporation cost accountant debit December 31 deduction depreciation depreciation reserve determined discount dividends earned entries examination excess profits tax expenses filed flour fund goodwill income tax increase Institute of Accountants interest internal revenue inventory invested capital issued June 16 ledger liability market value material ment method month operating paid par value partnership payable payment period person plant practice preferred stock premium present value production profit and loss purchase question received records rents reserve revenue act selling price shares sold statement stockholders subsidiary companies surplus taxpayer tion transaction treasury stock trial balance United wheat
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.