Journal of Accountancy, Հատոր 5 |
From inside the book
Արդյունքներ 84–ի 1-ից 5-ը:
Էջ 4
... each promise has been fulfilled in cash with interest , and each account closed
. Why lug in reinvestment ? Principles Upon Which Tables of Bond Values Are
Based . By MONTGOMERY ROLLINS , Author of “ Money and Investments , ” etc .
... each promise has been fulfilled in cash with interest , and each account closed
. Why lug in reinvestment ? Principles Upon Which Tables of Bond Values Are
Based . By MONTGOMERY ROLLINS , Author of “ Money and Investments , ” etc .
Էջ 24
4 . Reinvestment . . . 5 . Business management . The executor or administrator is
primarily a liquidator . His duty is to convert the assets into cash , to extinguish the
liabilities , and to distribute the estate , performing the first and third functions .
4 . Reinvestment . . . 5 . Business management . The executor or administrator is
primarily a liquidator . His duty is to convert the assets into cash , to extinguish the
liabilities , and to distribute the estate , performing the first and third functions .
Էջ 26
Any asset being sold at an increast price , and the account representing it having
been credited by cash received , the excess would be charged to the asset -
account and credited ( not directly to the estate but ) to Schedule A account .
Any asset being sold at an increast price , and the account representing it having
been credited by cash received , the excess would be charged to the asset -
account and credited ( not directly to the estate but ) to Schedule A account .
Էջ 27
The executor then performs the following functions , and records them by the
respectiv formulas : Realization of assets in inventory : Cash / INVENTORY .
When such assets bring more than the inventoried value : INVENTORY /
SCHEDULE A ...
The executor then performs the following functions , and records them by the
respectiv formulas : Realization of assets in inventory : Cash / INVENTORY .
When such assets bring more than the inventoried value : INVENTORY /
SCHEDULE A ...
Էջ 28
The depositor is merely a creditor to the amount of his cash deposits and such
interest or dividends as have been allotted him by the board ; he has no legal title
to the surplus , but has an equitable title , with his fellow depositors , to it .
The depositor is merely a creditor to the amount of his cash deposits and such
interest or dividends as have been allotted him by the board ; he has no legal title
to the surplus , but has an equitable title , with his fellow depositors , to it .
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American Association amount annual application assets Association audit balance bank Board bonds called capital carried cash cent Certified Public Accountants charges City coal Committee companies considered contains corporation cost course currency deposit depreciation desirable effect examination expenses fact Fund give given Government hand held important income increase institutions interest inventory investment issue keep less liabilities loss manufacturing matter means meeting methods months nature necessary notes operation organization person possible practice present President principles production profession professional profit proper purchase question reason received record represented reserve result rule School securities selling Society speculation standard statement tion trade transactions Trustees United University York