Journal of Accountancy, Volume 28American Institute of Certified Public Accountants, 1919 - Accounting |
From inside the book
Results 1-5 of 60
Page 8
... bond or long term debts next , and last of all I would show the net worth carried out in one aggregate . Some balance - sheets which show capital stock as the first item of liability and surplus as the last item of liability are not ...
... bond or long term debts next , and last of all I would show the net worth carried out in one aggregate . Some balance - sheets which show capital stock as the first item of liability and surplus as the last item of liability are not ...
Page 45
... bonds granted by section 2 ( b ) of the Victory Liberty loan act . That dividends received by a partnership and distributed to the mem- bers thereof retain their status as dividends , instead of becoming business profits , is the gist ...
... bonds granted by section 2 ( b ) of the Victory Liberty loan act . That dividends received by a partnership and distributed to the mem- bers thereof retain their status as dividends , instead of becoming business profits , is the gist ...
Page 51
... bonds granted by section 2 ( b ) of the Victory Liberty loan act , approved March 3 , 1919 , Victory notes of either series issued upon conversion of Victory notes of the other series which were originally subscribed for by any tax ...
... bonds granted by section 2 ( b ) of the Victory Liberty loan act , approved March 3 , 1919 , Victory notes of either series issued upon conversion of Victory notes of the other series which were originally subscribed for by any tax ...
Page 87
... bond . In the Illinois system a departure from the practice heretofore generally followed in public utility accounting ... bonds of a utility are reacquired in circumstances that require that they shall not be treated as cancelled or ...
... bond . In the Illinois system a departure from the practice heretofore generally followed in public utility accounting ... bonds of a utility are reacquired in circumstances that require that they shall not be treated as cancelled or ...
Page 88
... bond and other interest , rents and other contractural pay- ments . The excess of total income over total deductions is the net corporate income . The excess of total deductions over total income is the net corporate loss . The ...
... bond and other interest , rents and other contractural pay- ments . The excess of total income over total deductions is the net corporate income . The excess of total deductions over total income is the net corporate loss . 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.