additional paid in capital - amounts paid for
Additional Paid in Capital - Amounts paid for stock in excess of its PAR VALUE or STATEDVALUE. Furthermore, other amounts paid by stockholders and charged to EQUITY ACCOUNTS otherthan CAPITAL STOCK.
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is the net income of a year the money the company made that particular year or is it a number whose significance is quite doubtfulthe net income of a
is depreciation the loss of value of fixed assetsno an operative and not a pseudo-philosophical explanation of depreciation might be it is a number
q accounting principles board accounting principles board apb -senior technical committee of american institute of certified public accountants aicpa
q what is accumulated depreciationaccumulated depreciation - total depreciation pertaining to an asset or group of assetsfrom the time the assets
additional paid in capital - amounts paid for stock in excess of its par value or statedvalue furthermore other amounts paid by stockholders and
q what is adjusted basisadjusted basis - after a taxpayers basis in property is determined it should be adjusted upwardto include any additions of
q what is adjusted gross incomeadjusted gross income - gross income decreased by business and other specified expenses ofindividual taxpayers amount
the so-called cash flow net income plus depreciation is a flow of cash but is it a flow to the shareholders or to the companysuppose that net income
q explain the adjusting journal entryadjusting journal entry - an accounting entry made into a subsidiary ledger known as the generaljournal to
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