Truth in Accounting |
Contents
PRESENT ACCOUNTING PRINCIPLES | 20 |
DEFENSE OF PRESENT ACCOUNTING | 44 |
ORIGIN OF PRESENT ACCOUNTING | 58 |
Copyright | |
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Common terms and phrases
acceptable market accounting authority accounting profession actual amortization amount appraisal balance sheet banker basis bid and offered bond bookkeeping building bushel buyers calculation capital loss capital profits capital stock capital surplus cash certified commodity index conservatism corporation countant creditors current assets December 31 depreciation determine discount earnings exchange exhibit exist expense factory figures financial statements fixed assets going value gold goodwill imputed economic imputed market price index of value interest inventories land liabilities loss statement market value ment methods National Trust nonmarketable offered prices original cost owner period possess present accounting practice present accounting principles present economic values present replacement cost present value probably profit and loss profits or losses purchasing power result revaluation securities sell sellers sold Stabilized Accounting stockholders supply and demand surplus theory thing tion truth unrealized profits utility valuation wheat worth