q define the constructive receiptconstructive
Q. Define the Constructive Receipt?
Constructive Receipt - A taxpayer is considered to have received income even though monies are not in hand, it may have been set aside or otherwise made available. An illustration is interest on a bank account.
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consistency - accounting postulate that stipulates except as otherwise noted in financial statement same accounting procedures and policies have been
q define the constructive receiptconstructive receipt - a taxpayer is considered to have received income even though monies are not in hand it may
which method should we use to valuate young companies with high growth but uncertain futures two examples were boston chicken and telepizza when they
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corporation - form of doing business pursuant to a charter granted by a state or federal government corporations mainly are characterized by the
q what is cost recovery methodcost recovery method - method of revenue recognition that identifies profits after costs are entirely recovered
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