Journal of Accountancy, Volume 24American Institute of Certified Public Accountants, 1917 - Accounting |
From inside the book
Results 1-5 of 100
Page 1
... balance sheet audit ? What is its scope ? 2. The officers of a company of which you are the auditor elected by the stockholders submit to you for audit a bal- ance sheet in which the following item appears : Miscellaneous reserves ...
... balance sheet audit ? What is its scope ? 2. The officers of a company of which you are the auditor elected by the stockholders submit to you for audit a bal- ance sheet in which the following item appears : Miscellaneous reserves ...
Page 2
... balance ap- pearing on a balance sheet of a company in whose cash book bank and cash transactions are kept together where the auditor has not had the opportunity of making the verification on the date of the balance sheet ? To what ...
... balance ap- pearing on a balance sheet of a company in whose cash book bank and cash transactions are kept together where the auditor has not had the opportunity of making the verification on the date of the balance sheet ? To what ...
Page 8
... BALANCE SHEET OF A. Property leases and goodwill ... $ 470,133 Capital stock ............ . Bonds $ 400,000 .... 100,000 Fixtures 81,791 Sundry creditors .. 59,975 Merchandise inventory .. 126,538 Surplus ... 135,886 Sundry debtors ...
... BALANCE SHEET OF A. Property leases and goodwill ... $ 470,133 Capital stock ............ . Bonds $ 400,000 .... 100,000 Fixtures 81,791 Sundry creditors .. 59,975 Merchandise inventory .. 126,538 Surplus ... 135,886 Sundry debtors ...
Page 9
... balance sheet . 4. A , B and C were in partnership , A's capital being $ 90,000 , B's $ 50,000 , and C's $ 50,000 . Their agreement is to share profits in the following ratio : A , 60 % ; B , 15 % ; C , 25 % . During the year C withdrew ...
... balance sheet . 4. A , B and C were in partnership , A's capital being $ 90,000 , B's $ 50,000 , and C's $ 50,000 . Their agreement is to share profits in the following ratio : A , 60 % ; B , 15 % ; C , 25 % . During the year C withdrew ...
Page 15
... balance sheet after the final adjustment . Real estate .. Equipments Patents BALANCE SHEET OF AB $ 229,652.00 75,000.00 Mortgages on real Accounts payable ..... 124,615.24 $ 140,000.00 Capital .... ....... 75,150.00 54,700.00 estate ...
... balance sheet after the final adjustment . Real estate .. Equipments Patents BALANCE SHEET OF AB $ 229,652.00 75,000.00 Mortgages on real Accounts payable ..... 124,615.24 $ 140,000.00 Capital .... ....... 75,150.00 54,700.00 estate ...
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Accounts payable accounts receivable accrued American Institute amortization amount apply ascertain assets audit auditor balance balance-sheet bank basis board of examiners bonds capital account capital stock cash cashbook cent certificates Certified Public Accountants charged cheques client contract controlling account corporation cost court debit December 31 deducted depreciation discount distribution dividends earnings entries equipment estimated excess profits excess profits tax expenses fact fixed capital goodwill gross income tax Institute of Accountants interest inventory invested issued labor ledger liabilities loss account material ment merchandise method month necessary net income overhead paid partners partnership payment percentage period plant practice premium profit and loss Public Accountants purchase question receiver's receivership record reserve result selling price sinking fund sold statement stockholders subsidiary surplus taxable theory tion Treasury stock trial balance United vouchers
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Page 131 - ... takes effect, showing a necessity for a survival of such suit, action, or other proceeding to obtain a settlement of the questions involved, allow the same to be maintained by or against...
Page 57 - Circuit Court of Appeals of the United States, within any circuit wherein such person resides or has his principal place of business, or in the United States Court of Appeals for the District of Columbia, by filing in such court, within sixty days after the entry of such order, a written petition praying that the order of the Commission be modified or set aside in whole or in part.
Page 226 - Any and all notes, debentures, bonds or other such obligations issued by the corporation shall be exempt both as to principal and Interest from all taxation (except surtaxes, estate, inheritance, and gift taxes) now or hereafter imposed by the United States, by any territory, dependency or possession thereof, or by any state, county, municipality or local taxing authority.
Page 123 - ... all losses actually sustained within the year and not compensated by insurance or otherwise...
Page 74 - ... there is hereby appropriated out of the general fund of the state, not otherwise appropriated, the sum of one hundred dollars ($100.00).
Page 57 - The tax herein imposed shall be computed upon its entire net income accrued within each preceding calendar year ending December thirty-first: Provided, however, That for the year ending December thirty-first, nineteen hundred and thirteen, said tax shall be imposed upon its entire net income accrued within that portion of said year from March first to December thirty-first, both dates inclusive, to be ascertained by taking five-sixths of its entire net income for said calendar year...
Page 393 - That in the case of a trade or business having no invested capital or not more than a nominal capital there shall be levied, assessed, collected, and paid, in addition to the taxes under existing law and under this act, in lieu of the tax imposed by section...
Page 389 - ... apply to that portion of such undistributed net income which is actually invested and employed in the business or is retained for employment in the reasonable requirements of the business or is invested in obligations of the United States issued after September 1, 1917.
Page 72 - Applicants for certificates, before taking the examination must produce evidence satisfactory to the board that they are over twenty-two years of age. of good moral character, a graduate of a high school with a four years...
Page 57 - Maryland, in such form as the Commissioner of Internal Revenue, with the approval of the Secretary of the Treasury, shall prescribe, setting forth specifically the gross amount of income from all separate sources, and from the total thereof deducting the aggregate items of allowances herein authorized...